2023 Q4 Form 20-F Financial Statement
#000121390024028046 Filed on March 29, 2024
Income Statement
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
Revenue | $20.54M | $20.54M | $14.33M |
YoY Change | 43.31% | 43.31% | -36.43% |
Cost Of Revenue | $4.505M | $4.505M | $2.492M |
YoY Change | 80.78% | 80.78% | 38.78% |
Gross Profit | $16.03M | $16.03M | $11.84M |
YoY Change | 35.43% | 35.43% | -42.94% |
Gross Profit Margin | 78.06% | 78.06% | 82.61% |
Selling, General & Admin | $11.90M | $11.73M | $8.031M |
YoY Change | 48.18% | 46.04% | 10.55% |
% of Gross Profit | 74.22% | 73.15% | 67.83% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $3.420K | $171.5K | $411.7K |
YoY Change | -99.17% | -58.34% | |
% of Gross Profit | 0.02% | 1.07% | 3.48% |
Operating Expenses | $11.90M | $11.90M | $8.031M |
YoY Change | 48.18% | 48.18% | 10.55% |
Operating Profit | $4.134M | $4.134M | $3.808M |
YoY Change | 8.54% | 8.54% | -71.76% |
Interest Expense | $366.5K | $366.5K | -$94.72K |
YoY Change | -486.89% | -486.89% | 1067.94% |
% of Operating Profit | 8.87% | 8.87% | -2.49% |
Other Income/Expense, Net | $99.41K | $99.41K | $277.8K |
YoY Change | -64.22% | -64.22% | 130.96% |
Pretax Income | $4.600M | $4.600M | $3.991M |
YoY Change | 15.24% | 15.24% | -70.64% |
Income Tax | $530.6K | $530.6K | $512.4K |
% Of Pretax Income | 11.54% | 11.54% | 12.84% |
Net Earnings | $4.069M | $4.069M | $3.479M |
YoY Change | 16.96% | 16.96% | -70.21% |
Net Earnings / Revenue | 19.81% | 19.81% | 24.28% |
Basic Earnings Per Share | $0.05 | ||
Diluted Earnings Per Share | $0.36 | $0.36 | $0.27 |
COMMON SHARES | |||
Basic Shares Outstanding | 11.25M shares | 11.25M shares | |
Diluted Shares Outstanding | 11.25M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $25.30M | $25.30M | $15.48M |
YoY Change | 63.43% | 63.43% | |
Cash & Equivalents | $25.30M | $25.30M | $15.48M |
Short-Term Investments | |||
Other Short-Term Assets | $32.10K | ||
YoY Change | |||
Inventory | |||
Prepaid Expenses | $10.24K | 197.6K hkds | |
Receivables | $5.421M | $5.421M | $2.686M |
Other Receivables | $80.00K | $80.00K | $203.5K |
Total Short-Term Assets | $30.80M | $30.80M | $18.40M |
YoY Change | 67.38% | 67.38% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.217M | $1.217M | $461.3K |
YoY Change | 163.74% | 163.74% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.900M | $1.900M | $2.172M |
YoY Change | -12.55% | -12.55% | |
Total Long-Term Assets | $3.383M | $3.383M | $2.634M |
YoY Change | 28.43% | 28.43% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $30.80M | $30.80M | $18.40M |
Total Long-Term Assets | $3.383M | $3.383M | $2.634M |
Total Assets | $34.18M | $34.18M | $21.03M |
YoY Change | 62.5% | 62.5% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $1.014M | $1.014M | $546.6K |
YoY Change | 85.59% | 85.59% | |
Deferred Revenue | $194.6K | 1.167M hkds | |
YoY Change | -83.32% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $460.5K | $460.5K | $454.6K |
YoY Change | 1.3% | 1.3% | |
Total Short-Term Liabilities | $14.25M | $14.25M | $5.006M |
YoY Change | 184.63% | 184.63% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $2.494M | $2.494M | $2.953M |
YoY Change | -15.56% | -15.56% | |
Other Long-Term Liabilities | $293.8K | $293.8K | $0.00 |
YoY Change | |||
Total Long-Term Liabilities | $2.787M | $2.787M | $2.953M |
YoY Change | -5.61% | -5.61% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $14.25M | $14.25M | $5.006M |
Total Long-Term Liabilities | $2.787M | $2.787M | $2.953M |
Total Liabilities | $17.04M | $17.04M | $7.959M |
YoY Change | 114.05% | 114.05% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $1.938M | 11.06M hkds | |
YoY Change | -82.49% | ||
Common Stock | $257.5K | 2.011M hkds | |
YoY Change | -87.2% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $17.14M | $17.14M | $13.07M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $34.18M | $34.18M | $21.03M |
YoY Change | 62.5% | 62.5% |
Cashflow Statement
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588975 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1916689 | hkd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
512429 | hkd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
530625 | hkd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
67946 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11679107 | hkd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3479011 | hkd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4068979 | hkd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
521029 | usd |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11250000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11250000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11250000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11250000 | shares |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.04 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.31 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.36 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.05 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2195191 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11679107 | hkd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3479011 | hkd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4068979 | hkd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
521029 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
411614 | hkd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
411742 | hkd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
171527 | hkd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
21964 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
617014 | hkd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
540000 | hkd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2154945 | hkd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
275939 | usd |
CY2021 | intj |
Amortization Of Rightofuse Asset
AmortizationOfRightofuseAsset
|
472180 | hkd |
CY2022 | intj |
Amortization Of Rightofuse Asset
AmortizationOfRightofuseAsset
|
480138 | hkd |
CY2023 | intj |
Amortization Of Rightofuse Asset
AmortizationOfRightofuseAsset
|
727315 | hkd |
CY2023 | intj |
Amortization Of Rightofuse Asset
AmortizationOfRightofuseAsset
|
93131 | usd |
CY2023 | intj |
Change In Offering Cost
ChangeInOfferingCost
|
628100 | hkd |
CY2023 | intj |
Change In Offering Cost
ChangeInOfferingCost
|
80428 | usd |
CY2021 | intj |
Interest Of Lease Liabilities
InterestOfLeaseLiabilities
|
11710 | hkd |
CY2022 | intj |
Interest Of Lease Liabilities
InterestOfLeaseLiabilities
|
14362 | hkd |
CY2023 | intj |
Interest Of Lease Liabilities
InterestOfLeaseLiabilities
|
35832 | hkd |
CY2023 | intj |
Interest Of Lease Liabilities
InterestOfLeaseLiabilities
|
4587 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-355566 | hkd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-45530 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
3863560 | hkd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1405370 | hkd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4889609 | hkd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
626110 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
51851 | hkd |
CY2022 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-29802 | hkd |
CY2023 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
148330 | hkd |
CY2023 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
18994 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-713475 | hkd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
146735 | hkd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-139705 | hkd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-17889 | usd |
CY2021 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
218516 | hkd |
CY2022 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
878473 | hkd |
CY2023 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
352747 | hkd |
CY2023 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
45169 | usd |
CY2021 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-451500 | hkd |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-516001 | hkd |
CY2023 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-757329 | hkd |
CY2023 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-96975 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
1862356 | hkd |
CY2022 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
197309 | hkd |
CY2023 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
880075 | hkd |
CY2023 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
112694 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
10192111 | hkd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
7066941 | hkd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2728981 | hkd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
349443 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
12129 | hkd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
31378 | hkd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4018 | usd |
CY2021 | intj |
Due From A Director
DueFromADirector
|
-4162094 | hkd |
CY2022 | intj |
Due From A Director
DueFromADirector
|
-37938 | hkd |
CY2023 | intj |
Due From A Director
DueFromADirector
|
37938 | hkd |
CY2023 | intj |
Due From A Director
DueFromADirector
|
4858 | usd |
CY2021 | intj |
Payments For Due To Related Parties
PaymentsForDueToRelatedParties
|
926993 | hkd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5089087 | hkd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-50067 | hkd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
6560 | hkd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
840 | usd |
CY2022 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
2300186 | hkd |
CY2022 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
2172377 | hkd |
CY2023 | intj |
Repayments Of Due To A Directorin Dollars
RepaymentsOfDueToADirectorinDollars
|
6358430 | hkd |
CY2023 | intj |
Repayments Of Due To A Directorin Dollars
RepaymentsOfDueToADirectorinDollars
|
814192 | usd |
CY2023 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
1177928 | hkd |
CY2023 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
150833 | usd |
CY2022 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
75242 | hkd |
CY2023 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
453593 | hkd |
CY2023 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
58082 | usd |
CY2021 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
3483000 | hkd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3483000 | hkd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-4547805 | hkd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
7082765 | hkd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
906943 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
8586024 | hkd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
2469069 | hkd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
9818306 | hkd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
1257226 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4423412 | hkd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
13009436 | hkd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
15478505 | hkd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1982010 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
13009436 | hkd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
15478505 | hkd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
25296811 | hkd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3239236 | usd |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
54334 | hkd |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
315120 | hkd |
CY2023 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
6115 | hkd |
CY2023 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
783 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
8158 | hkd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
97167 | hkd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
108259 | hkd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
13863 | usd |
CY2023 | intj |
Termination Of Operating Lease Rightofuse Assets And Operating Lease Liabilities
TerminationOfOperatingLeaseRightofuseAssetsAndOperatingLeaseLiabilities
|
128418 | hkd |
CY2023 | intj |
Termination Of Operating Lease Rightofuse Assets And Operating Lease Liabilities
TerminationOfOperatingLeaseRightofuseAssetsAndOperatingLeaseLiabilities
|
16444 | usd |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
962639 | hkd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1750851 | hkd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
224195 | usd |
CY2022 | intj |
Dividend Payable Offset Against Amount Due From Director And Related Parties
DividendPayableOffsetAgainstAmountDueFromDirectorAndRelatedParties
|
12699814 | hkd |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="text-decoration:underline">Use of estimates</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Significant accounting estimates reflected in the Group’s consolidated financial statements include allowance for doubtful accounts. Actual results may differ from these estimates.</p> | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
25296811 | hkd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3239236 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
15478505 | hkd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2154945 | hkd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
540000 | hkd |
CY2023Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
1544276 | hkd |
CY2023Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
197743 | usd |
CY2022Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
2172377 | hkd |
CY2021 | us-gaap |
Revenues
Revenues
|
22544000 | hkd |
CY2022 | us-gaap |
Revenues
Revenues
|
14331576 | hkd |
CY2023 | us-gaap |
Revenues
Revenues
|
20539218 | hkd |
CY2023 | us-gaap |
Revenues
Revenues
|
2630030 | usd |
CY2021 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
13845000 | hkd |
CY2022 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
10175000 | hkd |
CY2023 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
6875000 | hkd |
CY2023 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
880338 | usd |
CY2023 | us-gaap |
Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
|
50% likely of being realized on examination | |
CY2023 | intj |
Income Tax Examination Year
IncomeTaxExaminationYear
|
P7Y | |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="text-decoration:underline">Credit risk</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Assets that potentially subject the Group to a significant concentration of credit risk primarily consist of cash and cash equivalents, accounts receivable and other current assets.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The Group believes that there is no significant credit risk associated with cash and cash equivalents, which were held by reputable financial institutions in the jurisdictions where the Company and its subsidiaries are located. The Hong Kong Deposit Protection Board pays compensation up to a limit of HK$500,000 (approximately US$64,025) if the bank with which an individual/a company hold its eligible deposit fails. As of November 30, 2023, cash and cash equivalents balance of HK$25,296,811(US$3,239,236) was maintained at financial institutions in Hong Kong and approximately HK$594,422 were insured by the Hong Kong Deposit Protection Board.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The Group has designed their credit policies with an objective to minimize their exposure to credit risk. The Group’s accounts receivable are short term in nature and the associated risk is minimal. The Group conducts credit evaluations on its clients and generally does not require collateral or other security from such clients. The Group periodically evaluates the creditworthiness of the existing clients in determining an allowance for doubtful accounts primarily based upon the age of the receivables and factors surrounding the credit risk of specific clients.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Details of the customers accounting for 10% or more of total operating revenue are as follows:</p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="26" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">For the Year Ended November 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2021</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="10" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">HK$</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">%</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">HK$</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">%</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">HK$</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">US$</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">%</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 30%; text-align: left">Customer A</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 7%; text-align: right">3,025,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 7%; text-align: right">13</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 7%; text-align: right">3,300,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 7%; text-align: right">23</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 7%; text-align: right">3,300,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 7%; text-align: right">422,562</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 7%; text-align: right">16</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Customer B</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,000,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">13</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-49">—</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-50">—</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-51">—</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-52">—</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-53">—</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Customer C</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,831,250</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">13</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-54">—</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-55">—</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-56">—</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-57">—</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-58">—</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 1.5pt; text-align: left">Customer D</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">2,580,000</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">11</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-59">—</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-60">—</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-61">—</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-62">—</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-63">—</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: right"> </td><td style="border-bottom: Black 4pt double; text-align: right">11,436,250</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: right"> </td><td style="border-bottom: Black 4pt double; text-align: right">50</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: right"> </td><td style="border-bottom: Black 4pt double; text-align: right">3,300,000</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: right"> </td><td style="border-bottom: Black 4pt double; text-align: right">23</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: right"> </td><td style="border-bottom: Black 4pt double; text-align: right">3,300,000</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: right"> </td><td style="border-bottom: Black 4pt double; text-align: right">422,562</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: right"> </td><td style="border-bottom: Black 4pt double; text-align: right">16</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Details of the customers which accounted for 10% or more of accounts receivable are as follows:</p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">As of<br/> November 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">As of<br/> November 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">As of<br/> November 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">HK$</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1.5pt"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">HK$</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1.5pt"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">US$</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 34%; text-align: left">Customer A</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 8%; text-align: right">1,500,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 8%; text-align: right">56</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 8%; text-align: right">2,900,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 8%; text-align: right">38</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 8%; text-align: right">371,343</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 8%; text-align: right">38</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 1.5pt; text-align: left">Customer B</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">400,000</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">15</td><td style="padding-bottom: 1.5pt; text-align: left">%</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-64">—</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-65">—</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-66">—</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-67">—</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">1,900,000</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">71</td><td style="padding-bottom: 4pt; text-align: left">%</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">2,900,000</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">38</td><td style="padding-bottom: 4pt; text-align: left">%</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">371,343</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">38</td><td style="padding-bottom: 4pt; text-align: left">%</td></tr> </table> | |
CY2023 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
500000 | hkd |
CY2023 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
64025 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
25296811 | hkd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
3239236 | usd |
CY2023Q4 | intj |
Cash Hdpb Insured Amount
CashHDPBInsuredAmount
|
594422 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
2685876 | hkd |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
7575485 | hkd |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
970035 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
2154945 | hkd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
275939 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
2685876 | hkd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
5420540 | hkd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
694096 | usd |
CY2023 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
2154945 | hkd |
CY2023 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
275939 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
2154945 | hkd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
275939 | usd |
CY2022Q4 | us-gaap |
Prepaid Rent
PrepaidRent
|
165550 | hkd |
CY2023Q4 | us-gaap |
Prepaid Rent
PrepaidRent
|
80000 | hkd |
CY2023Q4 | us-gaap |
Prepaid Rent
PrepaidRent
|
10244 | usd |
CY2022Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
32099 | hkd |
CY2022Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
197649 | hkd |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
80000 | hkd |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
10244 | usd |
CY2023Q4 | intj |
Long Term Rental Deposit
LongTermRentalDeposit
|
-265980 | hkd |
CY2023Q4 | intj |
Long Term Rental Deposit
LongTermRentalDeposit
|
-34058 | usd |
CY2023Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
265980 | hkd |
CY2023Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
34058 | usd |
CY2023Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
265980 | hkd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1282690 | hkd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1314067 | hkd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
168265 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1107792 | hkd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1279319 | hkd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
163816 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
174898 | hkd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
34748 | hkd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4449 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
171527 | hkd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
21964 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
411742 | hkd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
411614 | usd |
CY2023Q4 | us-gaap |
Area Of Land
AreaOfLand
|
1530 | sqm |
CY2023 | us-gaap |
Description Of Lessee Leasing Arrangements Capital Leases
DescriptionOfLesseeLeasingArrangementsCapitalLeases
|
Office at Units 2803, 28th Floor of Admiralty Center Tower 1, No 18 Harcourt Road, Hong Kong | |
CY2023 | intj |
Lease Term
LeaseTerm
|
From February 14, 2023 through March 31, 2025 | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.03125 | pure |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0275 | pure |
CY2023Q4 | us-gaap |
Revenue Remaining Performance Obligation Optional Exemption Remaining Duration
RevenueRemainingPerformanceObligationOptionalExemptionRemainingDuration
|
P1Y | |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
286427 | hkd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1181941 | hkd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
151347 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
255968 | hkd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
863508 | hkd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
110572 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
293792 | hkd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
37620 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
255968 | hkd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1157300 | hkd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
148192 | usd |
CY2021 | intj |
Amortization Of Rightofuse Asset
AmortizationOfRightofuseAsset
|
472180 | hkd |
CY2022 | intj |
Amortization Of Rightofuse Asset
AmortizationOfRightofuseAsset
|
480138 | hkd |
CY2023 | intj |
Amortization Of Rightofuse Asset
AmortizationOfRightofuseAsset
|
727315 | hkd |
CY2023 | intj |
Amortization Of Rightofuse Asset
AmortizationOfRightofuseAsset
|
93131 | usd |
CY2021 | intj |
Interest Of Lease Liabilities
InterestOfLeaseLiabilities
|
11710 | hkd |
CY2022 | intj |
Interest Of Lease Liabilities
InterestOfLeaseLiabilities
|
14362 | hkd |
CY2023 | intj |
Interest Of Lease Liabilities
InterestOfLeaseLiabilities
|
35832 | hkd |
CY2023 | intj |
Interest Of Lease Liabilities
InterestOfLeaseLiabilities
|
4587 | usd |
CY2021 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
451500 | hkd |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
516001 | hkd |
CY2023 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
757329 | hkd |
CY2023 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
96975 | usd |
CY2021 | intj |
Operating Lease Rightofuse Assets Obtained In Exchange For Operating Lease Liabilities
OperatingLeaseRightofuseAssetsObtainedInExchangeForOperatingLeaseLiabilities
|
962639 | hkd |
CY2023 | intj |
Operating Lease Rightofuse Assets Obtained In Exchange For Operating Lease Liabilities
OperatingLeaseRightofuseAssetsObtainedInExchangeForOperatingLeaseLiabilities
|
1750851 | hkd |
CY2023 | intj |
Operating Lease Rightofuse Assets Obtained In Exchange For Operating Lease Liabilities
OperatingLeaseRightofuseAssetsObtainedInExchangeForOperatingLeaseLiabilities
|
224195 | usd |
CY2023 | intj |
Termination Of Operating Lease Rightofuse Assets And Operating Lease Liabilities
TerminationOfOperatingLeaseRightofuseAssetsAndOperatingLeaseLiabilities
|
128418 | hkd |
CY2023 | intj |
Termination Of Operating Lease Rightofuse Assets And Operating Lease Liabilities
TerminationOfOperatingLeaseRightofuseAssetsAndOperatingLeaseLiabilities
|
16444 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
887040 | hkd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
113584 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
295680 | hkd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
37862 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1182720 | hkd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
151446 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
25420 | hkd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
3254 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1157300 | hkd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
148192 | usd |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P0Y7M6D | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y3M18D | |
CY2022Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
227741 | hkd |
CY2023Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
88036 | hkd |
CY2023Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
11273 | usd |
CY2022Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
6000 | hkd |
CY2023Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
6000 | hkd |
CY2023Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
768 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
56904 | hkd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
56904 | hkd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
7287 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
290645 | hkd |
CY2023Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
150940 | hkd |
CY2023Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
19328 | usd |
CY2022Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
37937 | hkd |
CY2023Q4 | us-gaap |
Other Receivables
OtherReceivables
|
7536359 | hkd |
CY2023Q4 | us-gaap |
Other Receivables
OtherReceivables
|
965024 | usd |
CY2022Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
37937 | hkd |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
319311 | usd |
CY2022Q4 | us-gaap |
Other Borrowings
OtherBorrowings
|
3407758 | hkd |
CY2023Q4 | us-gaap |
Other Borrowings
OtherBorrowings
|
2954165 | hkd |
CY2023Q4 | us-gaap |
Other Borrowings
OtherBorrowings
|
378278 | usd |
CY2023Q3 | us-gaap |
Other Borrowings
OtherBorrowings
|
3483000 | hkd |
CY2022Q4 | intj |
Advance From Customer
AdvanceFromCustomer
|
1166837 | hkd |
CY2023Q4 | intj |
Advance From Customer
AdvanceFromCustomer
|
1519584 | hkd |
CY2023Q4 | intj |
Advance From Customer
AdvanceFromCustomer
|
194581 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
1166837 | hkd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
1519584 | hkd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
194581 | usd |
CY2023 | intj |
Schedule Of Increase Decrease In Contract Liabilities
ScheduleOfIncreaseDecreaseInContractLiabilities
|
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="10" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">As of November 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">HK$</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">HK$</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">US$</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in; width: 64%; text-align: left">Balance at beginning of the year ended</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">288,364</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">1,166,837</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">149,412</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Decrease in contract liabilities as a result of recognizing<br/> revenue during the year was included in the contract<br/> liabilities at the beginning of the year</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(288,364</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,166,837</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(149,412</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left; padding-bottom: 1.5pt">Increase in contract liabilities as a result of billings in advance of performance obligation under contracts</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">1,166,837</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">1,519,584</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">194,581</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 4pt">Total</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">1,166,837</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">1,519,584</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">194,581</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table> | |
CY2022Q4 | intj |
Contract Liabilities
ContractLiabilities
|
288364 | hkd |
CY2023Q4 | intj |
Contract Liabilities
ContractLiabilities
|
1166837 | hkd |
CY2023Q4 | intj |
Contract Liabilities
ContractLiabilities
|
149412 | usd |
CY2022Q4 | intj |
Decrease In Contract Liabilities As A Result Of Recognizing Revenue
DecreaseInContractLiabilitiesAsAResultOfRecognizingRevenue
|
288364 | hkd |
CY2023Q4 | intj |
Decrease In Contract Liabilities As A Result Of Recognizing Revenue
DecreaseInContractLiabilitiesAsAResultOfRecognizingRevenue
|
1166837 | hkd |
CY2023Q4 | intj |
Decrease In Contract Liabilities As A Result Of Recognizing Revenue
DecreaseInContractLiabilitiesAsAResultOfRecognizingRevenue
|
149412 | usd |
CY2022Q4 | intj |
Increase In Contract Liabilities As A Result Of Billings In Advance Of Performance Obligation Under Contracts
IncreaseInContractLiabilitiesAsAResultOfBillingsInAdvanceOfPerformanceObligationUnderContracts
|
1166837 | hkd |
CY2023Q4 | intj |
Increase In Contract Liabilities As A Result Of Billings In Advance Of Performance Obligation Under Contracts
IncreaseInContractLiabilitiesAsAResultOfBillingsInAdvanceOfPerformanceObligationUnderContracts
|
1519584 | hkd |
CY2023Q4 | intj |
Increase In Contract Liabilities As A Result Of Billings In Advance Of Performance Obligation Under Contracts
IncreaseInContractLiabilitiesAsAResultOfBillingsInAdvanceOfPerformanceObligationUnderContracts
|
194581 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
1166837 | hkd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
1519584 | hkd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
194581 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
454584 | hkd |
CY2023Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
460502 | hkd |
CY2023Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
58967 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
2953174 | hkd |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
2493663 | hkd |
CY2023Q3 | srt |
Interest Bearing Liabilities Average Rate Paid
InterestBearingLiabilitiesAverageRatePaid
|
0.0275 | pure |
CY2023 | us-gaap |
Debt Instrument Repaid Principal
DebtInstrumentRepaidPrincipal
|
528835 | hkd |
CY2023 | us-gaap |
Debt Instrument Repaid Principal
DebtInstrumentRepaidPrincipal
|
67717 | usd |
CY2023 | us-gaap |
Interest Income Loans To Other Federal Home Loan Banks
InterestIncomeLoansToOtherFederalHomeLoanBanks
|
108259 | hkd |
CY2023 | us-gaap |
Interest Income Loans To Other Federal Home Loan Banks
InterestIncomeLoansToOtherFederalHomeLoanBanks
|
13863 | usd |
CY2022 | us-gaap |
Interest Income Loans To Other Federal Home Loan Banks
InterestIncomeLoansToOtherFederalHomeLoanBanks
|
97167 | hkd |
CY2021 | us-gaap |
Interest Income Loans To Other Federal Home Loan Banks
InterestIncomeLoansToOtherFederalHomeLoanBanks
|
8158 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.165 | pure |
CY2023 | intj |
Effective Income Tax Rate Effect Of Preferential Tax Rate Percent
EffectiveIncomeTaxRateEffectOfPreferentialTaxRatePercent
|
-0.036 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.006 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
-0.02 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.115 | pure |
CY2023 | intj |
Deferred Tax Assets Addition
DeferredTaxAssetsAddition
|
355566 | hkd |
CY2023 | intj |
Deferred Tax Assets Addition
DeferredTaxAssetsAddition
|
45530 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
355566 | hkd |
CY2023Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
45530 | usd |
CY2023 | us-gaap |
Taxes Other
TaxesOther
|
3718174 | hkd |
CY2023 | us-gaap |
Taxes Other
TaxesOther
|
476109 | usd |
CY2022 | us-gaap |
Taxes Other
TaxesOther
|
2838099 | hkd |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11250000 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2022Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
15000000 | hkd |
CY2021Q4 | intj |
Dividend Payable Offset Against Amount Due From Director And Related Parties
DividendPayableOffsetAgainstAmountDueFromDirectorAndRelatedParties
|
12699814 | hkd |
CY2022Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
2300186 | hkd |
CY2023Q4 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.33 | |
CY2021 | us-gaap |
Income Tax Expense Benefit Continuing Operations Government Grants
IncomeTaxExpenseBenefitContinuingOperationsGovernmentGrants
|
59377 | hkd |
CY2022 | us-gaap |
Income Tax Expense Benefit Continuing Operations Government Grants
IncomeTaxExpenseBenefitContinuingOperationsGovernmentGrants
|
215000 | hkd |
CY2021 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
51 | hkd |
CY2022 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
2446 | hkd |
CY2023 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
474720 | hkd |
CY2023 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
60788 | usd |
CY2021 | intj |
Sundry Income
SundryIncome
|
-60901 | hkd |
CY2022 | intj |
Sundry Income
SundryIncome
|
-62795 | hkd |
CY2023 | intj |
Sundry Income
SundryIncome
|
-99407 | hkd |
CY2023 | intj |
Sundry Income
SundryIncome
|
-12729 | usd |
CY2021 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
120329 | hkd |
CY2022 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
280241 | hkd |
CY2023 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
574127 | hkd |
CY2023 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
73517 | usd |
CY2023Q4 | us-gaap |
Common Unit Authorized
CommonUnitAuthorized
|
50000 | shares |
CY2023Q4 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
1 | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11250000 | shares |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2020Q4 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
50000 | shares |
CY2020Q4 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
1 | |
CY2020Q4 | us-gaap |
Common Unit Authorized
CommonUnitAuthorized
|
50000 | shares |
CY2020Q4 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
1 | |
CY2023Q4 | us-gaap |
Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
|
10,000-for-1 | |
CY2023Q4 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
50000 | shares |
CY2023Q4 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
1 | |
CY2023 | us-gaap |
Subsequent Event Description
SubsequentEventDescription
|
On March 20, 2024, the Company consummated the initial public offering of 1,875,000 ordinary shares at a price of US$4 per share, generating net proceeds of approximately US$6,823,875 after deducting underwriting discounts and commissions and offering expenses. | |
CY2022Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
hkd | |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
hkd | |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
hkd | |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
hkd | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
hkd | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11250000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11250000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11250000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11250000 | shares |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.31 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.36 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.04 | |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
hkd | |
CY2022 | intj |
Payments For Due To Related Parties
PaymentsForDueToRelatedParties
|
hkd | |
CY2023 | intj |
Payments For Due To Related Parties
PaymentsForDueToRelatedParties
|
hkd | |
CY2023 | intj |
Payments For Due To Related Parties
PaymentsForDueToRelatedParties
|
usd | |
CY2021 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
hkd | |
CY2023 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
hkd | |
CY2023 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
usd | |
CY2021 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
hkd | |
CY2023 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
hkd | |
CY2023 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
usd | |
CY2021 | intj |
Repayments Of Due To A Directorin Dollars
RepaymentsOfDueToADirectorinDollars
|
hkd | |
CY2022 | intj |
Repayments Of Due To A Directorin Dollars
RepaymentsOfDueToADirectorinDollars
|
hkd | |
CY2021 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
hkd | |
CY2022 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
hkd | |
CY2021 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
hkd | |
CY2022 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
hkd | |
CY2023 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
hkd | |
CY2023 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
usd | |
CY2021 | intj |
Termination Of Operating Lease Rightofuse Assets And Operating Lease Liabilities
TerminationOfOperatingLeaseRightofuseAssetsAndOperatingLeaseLiabilities
|
hkd | |
CY2022 | intj |
Termination Of Operating Lease Rightofuse Assets And Operating Lease Liabilities
TerminationOfOperatingLeaseRightofuseAssetsAndOperatingLeaseLiabilities
|
hkd | |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
hkd | |
CY2021 | intj |
Dividend Payable Offset Against Amount Due From Director And Related Parties
DividendPayableOffsetAgainstAmountDueFromDirectorAndRelatedParties
|
hkd | |
CY2023 | intj |
Dividend Payable Offset Against Amount Due From Director And Related Parties
DividendPayableOffsetAgainstAmountDueFromDirectorAndRelatedParties
|
hkd | |
CY2023 | intj |
Dividend Payable Offset Against Amount Due From Director And Related Parties
DividendPayableOffsetAgainstAmountDueFromDirectorAndRelatedParties
|
usd | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
hkd | |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
hkd | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
hkd | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
usd | |
CY2022 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
hkd | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
hkd | |
CY2023Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
hkd | |
CY2023Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
usd | |
CY2022Q4 | intj |
Long Term Rental Deposit
LongTermRentalDeposit
|
hkd | |
CY2022Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
hkd | |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
hkd | |
CY2022 | intj |
Operating Lease Rightofuse Assets Obtained In Exchange For Operating Lease Liabilities
OperatingLeaseRightofuseAssetsObtainedInExchangeForOperatingLeaseLiabilities
|
hkd | |
CY2021 | intj |
Termination Of Operating Lease Rightofuse Assets And Operating Lease Liabilities
TerminationOfOperatingLeaseRightofuseAssetsAndOperatingLeaseLiabilities
|
hkd | |
CY2022 | intj |
Termination Of Operating Lease Rightofuse Assets And Operating Lease Liabilities
TerminationOfOperatingLeaseRightofuseAssetsAndOperatingLeaseLiabilities
|
hkd | |
CY2023Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
hkd | |
CY2023Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
usd | |
CY2022Q4 | us-gaap |
Other Receivables
OtherReceivables
|
hkd | |
CY2021Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
hkd | |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
hkd | |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
usd | |
CY2022 | intj |
Deferred Tax Assets Addition
DeferredTaxAssetsAddition
|
hkd | |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
hkd | |
CY2023 | us-gaap |
Income Tax Expense Benefit Continuing Operations Government Grants
IncomeTaxExpenseBenefitContinuingOperationsGovernmentGrants
|
hkd | |
CY2023 | us-gaap |
Income Tax Expense Benefit Continuing Operations Government Grants
IncomeTaxExpenseBenefitContinuingOperationsGovernmentGrants
|
usd | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2023 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
00000 | |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001916416 |