Agape ATP Corp
For the period ended Mar 31, 2026. Filed May 15, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 15, 2026
ATPC$1.35-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS
| As of | ||
|---|---|---|
| March 31, 2026 (Unaudited) | December 31, 2025 (Audited) | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents (Included $259 and $257 in the consolidated VIE that can be used only to settle obligations of the consolidated VIE as of March 31, 2026 and December 31, 2025, respectively.) | $220,779 | $140,072 |
| Accounts receivable, net | 4,366 | 12,315 |
| Other receivable | 52 | 30 |
| Amount due from related parties | 2,696 | 2,343 |
| Inventories | 24,788 | 27,391 |
| Prepaid taxes | 33,931 | 31,798 |
| Prepayments and deposits | 24,367,818 | 24,077,559 |
| Total Current Assets | 24,654,430 | 24,291,508 |
| NON-CURRENT ASSETS | ||
| Property and equipment, net | 13,228 | 14,570 |
| Intangible assets, net | 8,294 | 9,471 |
| Finance lease assets | 140,325 | 150,949 |
| Operating right-of-use assets | 58,270 | 102,101 |
| Investment in marketable securities | 34,735 | 22,679 |
| Total Non-Current Assets | 254,852 | 299,770 |
| TOTAL ASSETS | $24,909,282 | $24,591,278 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $97,287 | $90,251 |
| Accounts payable – related parties | 47,936 | 48,522 |
| Customer deposits | 164,979 | 168,603 |
| Operating lease liabilities, current | 52,413 | 93,781 |
| Other payables and accrued liabilities ($1,941 and $1,631 are included in the consolidated VIE that are without recourse to the credit of Agape ATP Corporation as of March 31, 2026 and December 31, 2025, respectively.) | 674,964 | 794,913 |
| Other payable – related parties | 1,670,816 | 831,970 |
| Finance lease liabilities, current | 25,909 | 25,342 |
| Income tax payable | 1,140 | 1,132 |
| Total Current Liabilities | 2,735,444 | 2,054,514 |
| NON-CURRENT LIABILITIES | ||
| Operating lease liabilities, non-current | $6,080 | $8,761 |
| Finance lease liabilities, non-current | 96,000 | 101,902 |
| Total Non-Current Liabilities | 102,080 | 110,663 |
| TOTAL LIABILITIES | $2,837,524 | $2,165,177 |
| COMMITMENTS AND CONTINGENCIES (Note 20) | - | - |
| STOCKHOLDERS’ EQUITY | ||
| Preferred stock, $0.0001 par value; 200,000,000 shares authorized; None issued and outstanding | - | - |
| Common Stock, par value $0.0001; 500,000,000 shares authorized, 1,000,626 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively* | 100 | 100 |
| Additional paid in capital | 34,271,975 | 34,271,975 |
| Accumulated deficit | (12,125,455) | (11,797,836) |
| Accumulated other comprehensive income | (28,126) | (14,690) |
| TOTAL AGAPE ATP CORPORATION STOCKHOLDERS’ EQUITY | 22,118,494 | 22,459,549 |
| NON-CONTROLLING INTERESTS | (46,736) | (33,448) |
| TOTAL EQUITY | 22,071,758 | 22,426,101 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $24,909,282 | $24,591,278 |
| * | Weighted average number of common shares outstanding have been adjusted on a retroactive basis to reflect 1-for-50 reverse stock split effective on February 20, 2026. |
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