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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 5,210,193 $ 609,616
Accounts receivables, net 3,997,467 1,068,287
Contract assets, net 1,650,750 1,037,458
Retention receivables – current, net 117,493 2,216
Advance and prepayments 188,830 159,741
Total current assets 11,298,237 2,878,600
Retention receivables – non-current, net 220,178 219,599
Right-of-use assets, operating lease, net 206,826
Plant and equipment, net 65,565 1,812
TOTAL ASSETS 11,790,806 3,100,011
LIABILITIES AND SHAREHOLDERS’ EQUITY / (DEFICIT)    
Short-term bank loans - current 1,149,062 455,103
Operating lease liability - current 113,220
Finance lease liability - current 10,319
Accounts payables 1,156,523 937,043
Other payables 332,035 47,730
Contract liabilities 996,526 867,132
Other payables – related parties 1,347,019 1,853,263
Total current liabilities 5,104,704 4,160,271
Operating lease liability – non-current 89,251
Finance lease liability – non-current 35,408
Long-term bank loans – non-current 552,518 653,185
TOTAL LIABILITIES 5,781,881 4,813,456
Commitments and contingencies
Shareholders’ Equity / (Deficit)    
Ordinary shares, no par value; 15,093,847 shares and 12,000,000 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 8,350,002 2
Additional paid in capital 503,225 503,225
Accumulated deficit (2,870,676) (2,221,822)
Accumulated other comprehensive income 26,374 5,150
Total Shareholders’ Equity / (Deficit) 6,008,925 (1,713,445)
TOTAL LIABILITIES AND SHAREHOLDERS’S EQUITY / (DEFICIT) 11,790,806 3,100,011
Nonrelated Party [Member]    
ASSETS    
Other receivables 132,218
Related Party [Member]    
ASSETS    
Other receivables $ 1,286 $ 1,282