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Consolidated Balance Sheets
¥ in Millions
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
CURRENT ASSETS:    
Cash $ 8,136,179 $ 6,929,508
Short-term investments 18,621,251 9,768,835
Accounts receivable, net 5,912,035 3,283,266
Inventories 5,173,458 5,053,136
Prepaid expenses and other current assets 2,325,029 892,597
TOTAL CURRENT ASSETS 42,816,216 31,115,815
Operating lease right-of-use assets 256,117
Property, plant and equipment, net 1,460,286 1,480,796
Land use right, net 1,146,828 154,364
Deferred tax assets, net 121,322 152,475
TOTAL ASSETS 45,800,769 32,903,450
CURRENT LIABILITIES:    
Short-term bank loans 11,322,440 4,113,000
Accounts payable 3,012,334 3,391,079
Accrued liabilities and other payables 431,003 318,500
Taxes payable 1,123,573 271,423
Operating lease liabilities, current 185,154
TOTAL CURRENT LIABILITIES 17,152,134 8,924,345
NON-CURRENT LIABILITIES:    
Operating lease liabilities, non-current 96,175
Total non current liabilities 96,175
TOTAL LIABILITIES 17,248,309 8,924,345
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY    
Ordinary shares, $0.00005 par value, 1,000,000,000 shares authorized, 156,547,100 shares and 155,947,100 shares were issued and outstanding as of September 30, 2024 and 2023, respectively* [1] 7,827 7,797
Additional paid-in capital 6,749,144 6,437,179
Statutory reserves 2,593,076 2,010,890
Retained earnings 20,021,346 16,927,605
Accumulated other comprehensive loss (556,209) (1,404,366)
TOTAL SHAREHOLDERS’ EQUITY 28,815,184 23,979,105
Non-controlling interest (262,724)
TOTAL EQUITY 28,552,460 23,979,105
TOTAL LIABILITIES AND EQUITY 45,800,769 32,903,450
Related Party    
CURRENT ASSETS:    
Accounts receivable - related parties 2,546,358 947,949
Due from related parties 101,906 4,240,524
CURRENT LIABILITIES:    
Deferred revenue 125,663 119,120
Due to related parties 280,553 1,124
Non Related Party    
CURRENT LIABILITIES:    
Deferred revenue $ 671,414 $ 710,099
[1] Retrospectivelyrestated for effect of a 20-for-1 forward split on February 8, 2024.