Property and equipment, net consist of the following:

 

   As of
June 30,
2025
   As of
June 30,
2024
 
         
Computer and office equipment  $184,545   $154,772 
Furniture and fixtures   81,551    72,778 
Motor vehicle   
-
    82,290 
Leasehold improvement   151,581    131,369 
Subtotal   417,677    441,209 
Less: accumulated depreciation   (308,138)   (267,531)
Total  $109,539   $173,678 

Historical Timeline

Fiscal YearFiled
2025Oct 14, 2025Showing above
2024Sep 30, 2024

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.