PAPA · As filed with the SEC

Papa Medical balance sheet, by quarter

The statement as Papa Medical presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Condensed Consolidated Balance Sheets · USD

USD	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025
ASSETS
Current assets:
Cash and cash equivalents	857,529	1,175,812
Accounts receivable, net	167,963	114,919
Inventories	7,443,649	7,878,133
Related Party	11,000	11,000
Deferred offering cost	1,222,960	1,122,960
Prepayments and other current assets, net	1,516,017	1,300,962
Total current assets	11,219,118	11,603,786
Non-current assets:
Property, plant and equipment, net	1,233,082	1,316,919
Right-of-use assets	1,165,931	1,391,180
Deferred tax assets	427,758	359,562
Other non-current assets	246,240	246,240
Total non-current assets	3,073,011	3,313,901
Total assets	14,292,129	14,917,687
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	1,332,204	2,312,042
Taxes payable	22,184	357,353
Related Party	3,884,798	3,254,169
Operating lease liabilities, current	1,129,768	1,043,912
Advance from customers	3,566,426	2,504,485
Accrued expenses and other current liabilities	580,793	608,375
Total current liabilities	10,516,173	10,080,336
Non-current liabilities:
Operating lease liabilities, non-current	206,470	447,942
Total non-current liabilities	206,470	447,942
Total liabilities	10,722,643	10,528,278
Shareholders’ equity:
Class A	763	763
Class B	1,237	1,237
Additional paid-in capital	579,544	579,544
Retained earnings	2,987,942	3,807,865
Total shareholders’ equity	3,569,486	4,389,409
Total liabilities and equity	14,292,129	14,917,687

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.