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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Sep. 30, 2024
CURRENT ASSETS:    
Cash $ 11,131,890 $ 8,136,179
Short-term investments 19,824,675 18,621,251
Accounts receivable, net 4,238,724 5,912,035
Inventories 4,455,065 5,173,458
Prepaid expenses and other current assets 2,607,496 2,325,029
TOTAL CURRENT ASSETS 43,780,955 42,816,216
Operating lease right-of-use assets 175,803 256,117
Property, plant and equipment, net 3,337,796 1,460,286
Land use right, net 1,094,493 1,146,828
Deferred tax assets, net 134,447 121,322
TOTAL ASSETS 48,523,494 45,800,769
CURRENT LIABILITIES:    
Short-term bank loans 15,726,649 11,322,440
Accounts payable 3,056,059 3,012,334
Accrued liabilities and other payables 450,453 431,003
Deferred revenue 346,410 671,414
Taxes payable 608,316 1,123,573
Operating lease liabilities, current 159,420 185,154
TOTAL CURRENT LIABILITIES 20,737,078 17,152,134
NON-CURRENT LIABILITIES:    
Operating lease liabilities, non-current 30,095 96,175
Total non current liabilities 30,095 96,175
TOTAL LIABILITIES 20,767,173 17,248,309
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY    
Ordinary shares, $0.00005 par value, 1,000,000,000 shares authorized, 156,547,100 shares were issued and outstanding as of March 31, 2025 and September 30, 2024, respectively [1] 7,827 7,827
Additional paid-in capital 6,749,144 6,749,144
Statutory reserves 2,664,549 2,593,076
Retained earnings 19,860,865 20,021,346
Accumulated other comprehensive loss (1,369,835) (556,209)
TOTAL SHAREHOLDERS’ EQUITY 27,912,550 28,815,184
Non-controlling interest (156,229) (262,724)
TOTAL EQUITY 27,756,321 28,552,460
TOTAL LIABILITIES AND EQUITY 48,523,494 45,800,769
Related Party    
CURRENT ASSETS:    
Accounts receivable - related parties 1,385,555 2,546,358
Due from related parties 137,550 101,906
CURRENT LIABILITIES:    
Deferred revenue - related parties 114,030 125,663
Due to related parties $ 275,741 $ 280,553
[1] Retrospectively restated for effect of a 20-for-1 forward split on February 8, 2024.