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Consolidated Balance Sheets - USD ($)
May 31, 2023
May 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 659,451 $ 827,144
Accounts receivable 62,066 60,122
Prepayments, deposits and other receivables 571,382 334,262
Inventories 127,806 434,215
Total Current Assets 1,420,705 1,655,743
NON-CURRENT ASSETS    
Property, plant and equipment, net 4,342 1,445
Intangible assets, net 1,312,705
Goodwill 2,792,561 3,433,611
Operating lease right-of-use assets 32,358 78,586
Total Non-current Assets 4,141,966 3,513,642
TOTAL ASSETS 5,562,671 5,169,385
CURRENT LIABILITIES    
Accounts payable 302,512 214,504
Advanced received, accrued expenses and other payables 2,486,125 2,764,506
Operating lease liabilities, net of current portion 28,884 54,116
Total Current Liabilities 3,119,612 3,213,999
NON-CURRENT LIABILITIES    
Operating lease liabilities, non-current portion 3,712 21,543
TOTAL LIABILITIES 3,123,324 3,235,542
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 490,000,000 and 490,000,000 shares authorized, 101,710,517 and 101,487,017 shares issued and outstanding as of May 31, 2023 and May 31, 2022 respectively 101,711 101,487
Additional paid-in capital 5,585,421 4,031,665
Accumulated other comprehensive income (loss) 32,350 (59,115)
Accumulated deficit (3,307,640) (2,169,499)
Total CXJ Group Stockholders’ Equity 2,411,842 1,904,538
Non-controlling interest 27,505 29,305
TOTAL STOCKHOLDERS’ EQUITY 2,439,347 1,933,843
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 5,562,671 5,169,385
Related Party [Member]    
CURRENT LIABILITIES    
Amount due to related party 11,252 22,489
Director [Member]    
CURRENT LIABILITIES    
Amount due to related party $ 290,839 $ 158,384