v3.24.3

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Current assets
Cash and cash equivalents	$ 39,599	$ 28,858
Accounts receivable	139,086	76,738
Inventories	732,158	664,400
Prepaid expenses and other current assets	59,257	64,794
Total current assets	970,100	834,790
Non-current assets
Property, plant and equipment, net	4,478,001	4,013,206
Finance lease right-of-use assets	77,199	73,461
Total Assets	5,525,300	4,921,457
Current liabilities
Accounts payable	239,544	107,466
Accrued liabilities and other payable	177,830	156,117
Contract liabilities	45,669	68,048
Convertible note payable	750,000	750,000
Bank loan payable - current	79,359	68,682
Short-term borrowing	291,088	252,038
Financing lease obligations – current	21,971	18,866
Total current liabilities	4,152,184	3,514,227
Non-current liabilities
Bank loan payable – non-current	2,194,681	1,925,688
Financing Lease liabilities – non-current	42,014	41,686
Total liabilities	6,388,879	5,481,601
Stockholders’ deficit
Preferred Stock, $0.001 par value; 20,000,000 shares authorized; 1,784,178 shares issued and outstanding at September 30, 2024 and June 30, 2024, respectively	1,784	1,784
Common Stock, $0.001 par value; 780,000,000 shares authorized; 161,809,738 shares issued and outstanding at September 30, 2024 and June 30, 2024, respectively	161,810	161,810
Additional paid-in-capital	2,121,929	2,121,929
Accumulated other comprehensive income	75,788	45,892
Accumulated deficit	(3,224,890)	(2,891,559)
Total stockholders’ deficit	(863,579)	(560,144)
Total Liabilities and Stockholders’ Deficit	5,525,300	4,921,457
Related Party [Member]
Current liabilities
Amount due to the related parties	$ 2,546,723	$ 2,093,010

Amount of liabilities incurred to vendors for goods and services received, and accrued liabilities classified as other, payable within one year or the normal operating cycle, if longer.

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Sino Green Land Corp. 10-Q