$DXST

Decent Holding Inc.

CIK:0001958133|SEC Filings

Consolidated Statements of Operation and Comprehensive (Loss) Income - USD ($)	12 Months Ended
	Oct. 31, 2025	Oct. 31, 2024	Oct. 31, 2023
REVENUE
REVENUE	$ 12,949,345	$ 11,542,292	$ 9,447,334
COST OF REVENUE
COST OF REVENUE	9,562,744	8,329,880	6,231,712
GROSS PROFIT	3,386,601	3,212,412	3,215,622
OPERATING EXPENSES
Selling expenses	446,718	16,489	70,128
General and administrative expenses	2,776,341	662,158	851,130
Research and development expenses	302,118	28,981	122,441
Impairment loss	0	33,841	0
Total operating expenses, net	3,525,177	741,469	1,043,699
NET (LOSS) PROFIT FROM OPERATIONS	(138,576)	2,470,943	2,171,923
OTHER INCOME (EXPENSES)
Interest income	14,616	12,343	5,420
Interest expense	0	0	(6,017)
Other income	4,658	851	5,214
Other expense	0	(13)	0
Total other income	19,274	13,181	4,617
NET (LOSS) INCOME BEFORE TAXES	(119,302)	2,484,124	2,176,540
Income tax expenses	202,900	380,767	316,927
NET (LOSS) INCOME	(322,202)	2,103,357	1,859,613
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustment	19,651	99,298	(67,065)
COMPREHENSIVE (LOSS) INCOME	$ (302,551)	$ 2,202,655	$ 1,792,548
Weighted average shares outstanding during the year – diluted (in Shares)	16,250,000	15,000,000	15,000,000
Weighted average shares outstanding during the year – basic (in Shares)	16,250,000	15,000,000	15,000,000
(Loss) Earnings per Ordinary Share – diluted (in Dollars per share)	$ (0.02)	$ 0.14	$ 0.12
(Loss) Earnings per Ordinary Share – basic (in Dollars per share)	$ (0.02)	$ 0.14	$ 0.12
Wastewater treatment revenue
REVENUE
REVENUE	$ 4,163,965	$ 2,468,097	$ 2,355,126
COST OF REVENUE
COST OF REVENUE	3,341,944	1,845,434	1,841,604
River water quality management revenue
REVENUE
REVENUE	6,619,693	6,864,631	4,436,214
COST OF REVENUE
COST OF REVENUE	4,878,220	5,075,552	3,165,712
Product sales revenue
REVENUE
REVENUE	2,091,469	2,192,864	2,648,445
COST OF REVENUE
COST OF REVENUE	1,273,157	1,408,894	1,224,396
Others
REVENUE
REVENUE	74,218	16,700	7,549
COST OF REVENUE
COST OF REVENUE	$ 69,423	$ 0	$ 0

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Oct. 31, 2025	Oct. 31, 2024	Oct. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ (322,202)	$ 2,103,357	$ 1,859,613
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for credit losses	842,339	(95,193)	132,561
Provision for inventory obsolescence	0	185	26,585
Gain from the disposal of property and equipment	0	0	(5,214)
Depreciation and amortization	70,497	76,594	45,455
Impairment of property and equipment	0	33,841	0
Amortization of finance lease assets	13,493	14,781	15,098
Non-cash operating lease expenses	54,501	53,044	49,446
Deferred income tax effect	(110,563)	10,054	(27,991)
Estimated warranty expenses (reversal)	(54,185)	36,971	27,462
Changes in operating assets and liabilities:
Accounts receivable	(4,471,382)	(6,318,575)	(626,233)
Prepayment	0	544,461	1,626,312
Prepaid expense	(2,060,278)	0	0
Other receivables	6,252	12,393	(15,197)
Contract assets	(546,755)	(450,769)	(150,063)
Due from related party	(58)	96	7,995
Inventories	5	(127)	1,775,773
Other assets	0	16,178	(16,457)
Tax payables	313,463	370,714	344,918
Other payables	1,628,472	1,540,827	1,015,988
Accounts payable	1,305,885	1,745,087	87,085
Advance from customers	243	0	(4,591,413)
Operating lease liabilities	(54,501)	(53,044)	(52,396)
Amount due to related parties	(62,367)	(20,643)	56,628
Payroll payable	(8,416)	17,446	(1,709)
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(3,455,557)	(362,322)	1,584,246
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(589)	(78,133)	(153,794)
Loan made to third parties	(360,500)	0	0
Loan made to related parties	0	(39,348)	0
Repayment from related parties	39,186	0	10,759
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(321,903)	(117,481)	(143,035)
CASH FLOWS FROM FINANCING ACTIVITIES:
Offering cost paid	(1,037,551)	(417,487)	(207,969)
Repayment of bank loans	0	0	(1,867,293)
Principal payment for obligation under finance leases	(21,598)	(23,659)	(24,067)
Proceeds from related parties	0	0	132,084
Repayment to related parties	0	(25,468)	(133,924)
Gross proceeds from offering	5,000,000	0	0
CASH USED IN FINANCING ACTIVITIES	3,940,851	(466,614)	(2,101,169)
EFFECT OF EXCHANGE RATE ON CASH	2,385	27,990	20,058
NET CHANGE IN CASH	165,776	(918,427)	(639,900)
CASH AT BEGINNING OF YEAR	407,031	1,325,458	1,965,358
CASH AT END OF YEAR	572,807	407,031	1,325,458
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes	0	0	0
Interest	0	0	6,017
NON-CASH TRANSACTIONS
Operating lease assets obtained in exchange for lease obligations	139,933	0	32,742
Reclassification from finance lease assets to fixed assets at lease maturity	$ (29,439)	$ 0	$ 0

Consolidated Balance Sheets - USD ($)	Oct. 31, 2025	Oct. 31, 2024
CURRENT ASSETS
Cash	$ 572,807	$ 407,031
Accounts receivable, net	12,382,623	8,702,303
Prepayment, net	0	7,699
Prepaid expenses, current	1,963,359	0
Other receivables	5,073	11,410
Contract assets	1,158,370	603,979
Inventories	128	134
Interest receivable	10,500	0
Total current assets	16,093,350	9,772,710
NON-CURRENT ASSETS
Deferred offering costs	19,884	967,793
Prepaid expenses, non-current	105,000	0
Loan receivable	350,000	0
Operating lease assets, net	154,556	67,934
Finance lease assets, net	0	43,520
Property and equipment, net	201,539	242,185
Intangible assets, net	5,738	6,088
Deferred tax asset	248,908	136,799
Total non-current assets	1,085,625	1,464,319
TOTAL ASSETS	17,178,975	11,237,029
CURRENT LIABILITIES
Accounts payable	3,175,565	1,851,723
Advance from Customers	246	0
Payroll payable	15,009	23,401
Tax payables	1,138,911	821,010
Other payables	5,005,375	3,353,963
Finance lease liabilities – current	0	21,893
Operating lease liabilities – current	52,217	6,382
Estimated warranty liabilities	9,650	64,576
Total current liabilities	9,396,973	6,206,170
NON-CURRENT LIABILITIES
Operating lease liabilities – non-current	54,331	13,550
Total non-current liabilities	54,331	13,550
TOTAL LIABILITIES	9,451,304	6,219,720
SHAREHOLDERS’ EQUITY
Subscription receivable	(1,500)	(1,500)
Additional paid-in capital	4,222,882	1,210,094
Statutory reserve	512,732	402,621
Retained earnings	3,118,706	3,551,019
Accumulated other comprehensive loss	(126,774)	(146,425)
Total shareholders’ equity	7,727,671	5,017,309
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	17,178,975	11,237,029
Class A Ordinary shares
SHAREHOLDERS’ EQUITY
Common stock value	1,125	1,000
Class B Ordinary shares
SHAREHOLDERS’ EQUITY
Common stock value	500	500
Related Party
CURRENT ASSETS
Due from related parties	490	40,154
CURRENT LIABILITIES
Due to related parties	$ 0	$ 63,222