2024 Q4 Form 10-Q Financial Statement
#000149315224040547 Filed on October 09, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 | 2024 Q2 |
---|---|---|---|
Revenue | |||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | |||
YoY Change | |||
Operating Profit | -$5.970K | ||
YoY Change | 27.24% | ||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | |||
YoY Change | |||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$5.970K | ||
YoY Change | 27.24% | ||
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | ||
Diluted Earnings Per Share | $0.00 | ||
COMMON SHARES | |||
Basic Shares Outstanding | 73.20K shares | 73.20K shares | 73.20K shares |
Diluted Shares Outstanding | 73.20K shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 | 2024 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | |||
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | $1.050K | $166.00 | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $1.050K | $166.00 | |
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | $0.00 | |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $1.050K | $166.00 | |
Total Long-Term Assets | $0.00 | $0.00 | |
Total Assets | $1.050K | $166.00 | |
YoY Change | |||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $4.056K | $5.198K | |
YoY Change | -84.09% | -75.01% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | |||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | |||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.056K | $5.198K | |
Total Long-Term Liabilities | |||
Total Liabilities | $15.39K | $8.540K | |
YoY Change | -39.62% | -58.95% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$396.2K | -$390.2K | |
YoY Change | 7.49% | 7.24% | |
Common Stock | $381.8K | $381.8K | |
YoY Change | 11.3% | 11.3% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$14.34K | -$8.374K | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.050K | $166.00 | |
YoY Change |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 | 2024 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.970K | ||
YoY Change | 27.24% | ||
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$7.996K | ||
YoY Change | -25.02% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $7.996K | ||
YoY Change | -25.02% | ||
NET CHANGE | |||
Cash From Operating Activities | -$7.996K | ||
Cash From Investing Activities | |||
Cash From Financing Activities | $7.996K | ||
Net Change In Cash | |||
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$7.996K | ||
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q2 | us-gaap |
Assets
Assets
|
166 | usd |
CY2024Q3 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
4056 | usd |
CY2024Q2 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
5198 | usd |
CY2024Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4056 | usd |
CY2024Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
5198 | usd |
CY2024Q3 | us-gaap |
Liabilities
Liabilities
|
15394 | usd |
CY2024Q2 | us-gaap |
Liabilities
Liabilities
|
8540 | usd |
CY2024Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
73200 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
73200 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
73200 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
73200 | shares |
CY2024Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
73 | usd |
CY2024Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
73 | usd |
CY2024Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
381763 | usd |
CY2024Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
381763 | usd |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-396180 | usd |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-390210 | usd |
CY2024Q3 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2024Q3 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--05-31 | |
CY2024Q3 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2024Q3 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2025 | |
CY2024Q3 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001489300 | |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
usd | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
usd | |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
usd | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
usd | |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
usd | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
usd | |
CY2024Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2023Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2024Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | |
CY2023Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | |
CY2024Q3 | dei |
Document Type
DocumentType
|
10-Q | |
CY2024Q3 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2024Q3 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-08-31 | |
CY2024Q3 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2024Q3 | dei |
Entity File Number
EntityFileNumber
|
000-54301 | |
CY2024Q3 | dei |
Entity Registrant Name
EntityRegistrantName
|
ZHANLING INTERNATIONAL LIMITED | |
CY2024Q3 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | |
CY2024Q3 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
88-0981710 | |
CY2024Q3 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
Unit 305-306, 3/F., New East Ocean Centre, | |
CY2024Q3 | dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
No.9 Science Museum Road, | |
CY2024Q3 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Tsim Sha Tsui | |
CY2024Q3 | dei |
Entity Address Country
EntityAddressCountry
|
HK | |
CY2024Q3 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
999077 | |
CY2024Q3 | dei |
City Area Code
CityAreaCode
|
+861 | |
CY2024Q3 | dei |
Local Phone Number
LocalPhoneNumber
|
8066819992 | |
CY2024Q3 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2024Q3 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2024Q3 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2024Q3 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2024Q3 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2024Q3 | dei |
Entity Shell Company
EntityShellCompany
|
true | |
CY2024Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
73200 | shares |
CY2024Q3 | dei |
Entity Listing Par Value Per Share
EntityListingParValuePerShare
|
0.001 | |
CY2024Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1050 | usd |
CY2024Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
166 | usd |
CY2024Q3 | us-gaap |
Assets Current
AssetsCurrent
|
1050 | usd |
CY2024Q2 | us-gaap |
Assets Current
AssetsCurrent
|
166 | usd |
CY2024Q3 | us-gaap |
Assets
Assets
|
1050 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-14344 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-8374 | usd |
CY2024Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1050 | usd |
CY2024Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
166 | usd |
CY2024Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5970 | usd |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5450 | usd |
CY2024Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5970 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5450 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5970 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5450 | usd |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.0 | |
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.0 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.07 | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
73200 | shares |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
73200 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
73200 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
73200 | shares |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-8374 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5970 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-14344 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-16280 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-16280 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5450 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-21730 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-21730 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5970 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5450 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
884 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
709 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-1142 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-4505 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7996 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-10664 | usd |
CY2024Q3 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
7996 | usd |
CY2023Q3 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
10664 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
7996 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
10664 | usd |
CY2024Q3 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_80B_eus-gaap--NatureOfOperations_zHJLkLtZOWrg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 2 - <span id="xdx_82A_zvmsVlJ5mH3e">ORGANIZATION AND BUSINESS BACKGROUND</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zhanling International Ltd (the “Company” or “we”) was incorporated in the State of Nevada on July 16, 2009 and the Company is a development-stage company which intended to acquire companies in large consumption platform in China. The Company’s sole purpose currently is to target and complete a merger or acquisition with a private entity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On May 4, 2021, Tan Sri Barry resigned from all positions with the Company, including but not limited to, that of President, Chief Executive Officer, Treasurer, Secretary and Chairman of the Board of Directors. The resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Tan Sri Barry has been the President, Chief Executive Officer, Treasurer, Secretary and Chairman of the Board of Directors since February 2013.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On May 4, 2021, Mr. Leung Chi Ping (“Mr. Leung”), was appointed as the President, Chief Executive Officer, Chief Financial Officer and Chairman of the Board of Directors of the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On May 4, 2021, Mr. Leung, Alexander Patrick Brazendale, Christopher David Brazendale, Adventure Air Race Investment Limited, Adventure Air Race Talents Limited, and William Alexander Cruickshank acquired control of <span id="xdx_90B_eus-gaap--StockIssuedDuringPeriodSharesAcquisitions_c20210504__20210504__us-gaap--TypeOfArrangementAxis__custom--StockPurchaseAgreementsMember_zfFOmbclzRWd" title="Common stock, acquisition">67,736</span> shares of the Company’s restricted Common Stock, representing approximately <span id="xdx_90A_ecustom--CommonStockOutstandingSharesPercentage_iI_pid_dp_c20210504__us-gaap--TypeOfArrangementAxis__custom--StockPurchaseAgreementsMember_zxtdyyxYtrF8" title="Common stock, outstanding shares percentage">92.54</span>% of the Company’s total issued and outstanding Common Stock, from the certain sellers in accordance with common stock purchase agreements (collectively, the “Stock Purchase Agreements”). The Stock Purchase Agreements were negotiated in arm’s length transactions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On May 7, 2021, the Company received written consents in lieu of a meeting of Stockholders from holders of <span id="xdx_900_eus-gaap--CommonStockVotingRights_c20210507__20210507_zpfimPIPNEC3" title="Common stock, voting rights">Common Stock voting securities representing <span id="xdx_902_ecustom--CommonStockOutstandingSharesPercentage_iI_pid_dp_uPure_c20210507_zZxtctF2lYW1" title="Common stock, outstanding shares percentage">92.54</span>% of the total issued and outstanding voting power of the <span id="xdx_909_eus-gaap--CommonStockSharesIssued_iI_c20210507_zWOKuRatoCn3" title="Common stock, shares issued"><span id="xdx_903_eus-gaap--CommonStockSharesOutstanding_iI_c20210507_zoc2nZB9HSXa" title="Common stock, shares outstanding">73,200</span></span> shares of Common Stock of the Company</span> (the “Majority Stockholders”) to authorize the Company’s Board of Directors to approve an increase of authorized shares of Common Stock from <span id="xdx_90D_eus-gaap--CommonStockSharesAuthorized_iI_c20210506__srt--TitleOfIndividualAxis__custom--BoardOfDirectorsMember_z5gv9IC1vzed" title="Common stock, shares authorized">75,000,000</span> to <span id="xdx_90A_eus-gaap--CommonStockSharesAuthorized_iI_c20210507__srt--TitleOfIndividualAxis__custom--BoardOfDirectorsMember_zqiZyscoPNIi" title="Common stock, shares authorized">500,000,000</span> (the “Increase”), par value $<span id="xdx_908_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20210507__srt--TitleOfIndividualAxis__custom--BoardOfDirectorsMember_zjzAorKqUh81" title="Common stock, par value">0.001</span> per share.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On May 7, 2021, the Board of Directors of the Company approved the Increase, subject to Stockholder approval. The Majority Stockholders approved the Increase by written consent in lieu of a meeting on May 7, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On June 17, 2021 the Company entered into a binding letter of intent (the “LOI”) for the purpose of doing a Share Exchange Agreement (“the Agreement”) to acquire Adventure Air Race Company Limited (“AARC”), a Nevada corporation. The acquisition is subject to (i) the consent of a majority ODZA’s shareholders and to the consent of each of AARC’s shareholders, and (ii) the completion of a two-year audit of AARC. The Share Exchange Agreement will result in a change of control. The Share Exchange Agreement contains, among other things, representations and warranties of the aforementioned Parties and covenants of the companies and the shareholders of AARC. Among other terms, ODZA will own all of the equity of AARC, equaling <span id="xdx_90B_eus-gaap--SharesIssued_iI_c20210617__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__dei--LegalEntityAxis__custom--AdventureAirRaceCompanyLimitedMember_zpST8mMl7TCj" title="Number of shares issued">130,329,341</span> shares of AARC’s stock, and representing all of its issued and outstanding shares. The AARC shareholders (the “Shareholders”) will own <span id="xdx_905_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20210617__20210617__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__dei--LegalEntityAxis__custom--OdenzaCorpMember_zexTERPPDcT3" title="Number of shares newly issued">84,000,000</span> newly issued shares of common stock of ODZA (the Common Stock”) representing approximately <span id="xdx_903_ecustom--CommonStockOutstandingSharesPercentage_iI_pid_dp_uPure_c20210617__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__dei--LegalEntityAxis__custom--OdenzaCorpMember_ziPst4k0FLJ8" title="Common stock, outstanding shares percentage">95.82</span>% of ODZA’s outstanding shares of Common Stock. As the result, AARC will hold no common shares of ODZA, as the wholly owned subsidiary of ODZA. The agreement was terminated on September 30, 2021. As of the date of this report, the closing of the AARC Equity Transfer has not occurred.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 3, 2021, Mr. Liang Zhao acquired control of <span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesAcquisitions_c20211203__20211203__srt--TitleOfIndividualAxis__custom--Mr.LiangZhaoMember_znsw8k8P2Lzl" title="Common stock, acquisition">13,908</span> shares of the Company’s restricted common stock, representing approximately <span id="xdx_901_ecustom--CommonStockOutstandingSharesPercentage_iI_pid_dp_c20211203__srt--TitleOfIndividualAxis__custom--Mr.LiangZhaoMember_z8R8o1lEVGx5" title="Common stock, outstanding shares percentage">19</span>% of the Company’s total issued and outstanding common stock; and Xiangchen Li acquired control of <span id="xdx_907_eus-gaap--StockIssuedDuringPeriodSharesAcquisitions_c20211203__20211203__srt--TitleOfIndividualAxis__custom--Mr.XiangchenLiMember_zYJ6nsWEWbUf" title="Common stock, acquisition">24,532</span> shares of the Company’s restricted common stock, representing approximately <span id="xdx_907_ecustom--CommonStockOutstandingSharesPercentage_iI_pid_dp_uPure_c20211203__srt--TitleOfIndividualAxis__custom--Mr.XiangchenLiMember_zD70TlyiGt23" title="Common stock, outstanding shares percentage">33.51</span>% of the Company’s total issued and outstanding common stock, from the certain sellers in accordance with common stock purchase agreements (collectively, the “Stock Purchase Agreements”). The Stock Purchase Agreements were negotiated in arm’s- length transactions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 3, 2021, Chi Ping Leung resigned from all positions with the Company, including but not limited to, that of the President, Chief Executive Officer, Chief Financial Officer and Chairman of the Board of Directors of the Company. The resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Mr. Chi Ping Leung has been the President, Chief Executive Officer, Chief Financial Officer and Chairman of the Board of Directors of the Company since May 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 3, 2021, Mr. Alexander Patrick Brazendale resigned from the Chief Marketing Officer of the Company. Mr. Christopher David Brazendale resigned from Chief Operating Officer of the Company. Mr. William Alexander Cruickshank resigned from Chief Racing Officer of the Company. Ms. Wing Man Fok resigned from the Secretary and Treasurer of the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 3, 2021, Mr. Liang Zhao was appointed as the President, Chief Executive Officer, Chief Financial Officer and Chairman of the Board of Directors of the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Effective February 17, 2022, the Board of Directors of Zhanling International Ltd (the “Company”) approved a resolution changing the Company’s fiscal year from January 31 to December 31 of each calendar year, effective as of the same date.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On June 20, 2022, Mr.Xiangchen Li was appointed as the Chief Marketing Officer of the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of June 22, 2022, Liang Zhao was the sole director and the sole shareholder of Shanghai Capital Resource Limited, which was the major shareholder of the Company owning beneficially <span id="xdx_908_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_dp_uPure_c20220622__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ShanghaiCapitalResourceLimitedMember_zznS9SEsmct4" title="Ownership percentage">20</span>% of the Company common shares. After June 22, 2022, Liang Zhao directly and indirectly hold <span id="xdx_903_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_dp_uPure_c20220623__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ShanghaiCapitalResourceLimitedMember_zete5FKsAVD1" title="Ownership percentage">39</span>% of the Company common shares.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 10, 2023, as a result of three private transactions, (i) <span id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20230410__20230410__srt--TitleOfIndividualAxis__custom--Mr.LiangZhaoMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zG4hUvz16WP2" title="Common stock issued">13,908</span> shares of Common Stock, $<span id="xdx_906_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pid_c20230410__srt--TitleOfIndividualAxis__custom--Mr.LiangZhaoMember_z2YkhEUIrmHk" title="Common stock, par value">0.001</span> par value per share (the “Shares”) were transferred from Liang Zhao to NingNing Xu; and (ii) <span id="xdx_905_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20230410__20230410__srt--TitleOfIndividualAxis__custom--Mr.XiangchenLiMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zhNAIvUAkg68" title="Common stock issued">24,532</span> shares of Common Stock, $<span id="xdx_906_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pid_c20230410__srt--TitleOfIndividualAxis__custom--Mr.XiangchenLiMember_zYTLKV2CvW8i" title="Common stock, par value">0.001 </span>par value per share (the “Shares”) were transferred from Xiangchen Li to NingNing Xu. As a result, the Purchaser became holders of approximately <span id="xdx_90B_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_pid_dp_c20230410__us-gaap--BusinessAcquisitionAxis__custom--NingNingXuMember_zoKDDp52Fnif" title="Acquired voting rights">52.514</span>% of the voting rights of the issued and outstanding share capital of the Company and became the controlling shareholder. The consideration paid for the Shares was $<span id="xdx_908_eus-gaap--BusinessCombinationConsiderationTransferred1_c20230410__20230410__srt--TitleOfIndividualAxis__custom--NingNingXuMember_zd3d403m1Zm6" title="Cash consideration paid">38,440</span>. The source of the cash consideration for the Shares was personal funds of the Purchaser.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 10, 2023, Mr.Liang Zhao resigned from President, Chief Executive Officer, Chief Financial Officer and Chairman of the Board of Directors of the Company. Mr.Xiangchen Li resigned from the Chief Marketing Officer of the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 10, 2023, Ms.NingNing Xu was appointed as President, Chief Executive Officer, Chief Financial Officer and Chairman of the Board of Directors of the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.05pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On March 28, 2024, as a result of two private transactions, (i) <span id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20240328__20240328__srt--TitleOfIndividualAxis__custom--NingNingXuMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zpt74ggjChh9" title="Common stock issued">38,440</span> shares of Common Stock, $<span id="xdx_901_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pid_c20240328__srt--TitleOfIndividualAxis__custom--NingNingXuMember_zhqPrPUQUCBk" title="Common stock, par value">0.001</span> par value per share (the “Shares”) of Zhanling International Limited, a Nevada corporation (the “Company”), were transferred from NingNing Xu to YongQing Liu; (ii) the beneficial owner of Shanghai Capital Resources Ltd, a corporate shareholder of Zhanling International Limited which held <span id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20240328__20240328__srt--TitleOfIndividualAxis__custom--NingNingXuMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember__dei--LegalEntityAxis__custom--ShanghaiCapitalResourceLimitedMember_z2XMraP2Fuz1" title="Common stock issued">14,640</span> shares of Common Stock, $<span id="xdx_901_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pid_c20240328__srt--TitleOfIndividualAxis__custom--NingNingXuMember__dei--LegalEntityAxis__custom--ShanghaiCapitalResourceLimitedMember_zsf86K8jkaF1" title="Common stock, par value">0.001</span> par value per share of the Company, was transferred from NingNing Xu to YongQing Liu. As a result, the Purchaser became a holder of approximately <span id="xdx_900_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_pid_dp_c20240328__us-gaap--BusinessAcquisitionAxis__custom--YongQingLiuMember_z3R8fwwnoo4l" title="Acquired voting rights">72.51</span>% of the voting rights of the issued and outstanding share capital of the Company and became the controlling shareholder. The consideration paid for the Shares was $<span id="xdx_909_eus-gaap--BusinessCombinationConsiderationTransferred1_c20240328__20240328__srt--TitleOfIndividualAxis__custom--YongQingLiuMember_z9T35MSm8RQl" title="Cash consideration paid">53,080</span>. The source of the cash consideration for the Shares was the personal funds of the Purchaser.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On March 28, 2024, the existing director and officer resigned immediately. Accordingly, NingNing Xu, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, and Chairman of the Board of Directors. At the effective date of the transfer, YongQing Liu consented to act as the new Chief Executive Officer, President, and Chairman of the Board of Directors of the Company. On March 28, 2024, ZhenSheng Li was appointed as the Chief Financial Officer and Director of the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2021Q2 | us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
Common Stock voting securities representing 92.54% of the total issued and outstanding voting power of the 73,200 shares of Common Stock of the Company | |
CY2021Q2 | ZLME |
Common Stock Outstanding Shares Percentage
CommonStockOutstandingSharesPercentage
|
0.9254 | pure |
CY2021Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
73200 | shares |
CY2021Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
73200 | shares |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5970 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7996 | usd |
CY2024Q3 | ZLME |
Working Capital
WorkingCapital
|
3006 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-14344 | usd |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-396180 | usd |
CY2024Q3 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_845_eus-gaap--UseOfEstimates_zSaWEbrukL6f" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Use of estimates</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include estimates for the accruals of potential liabilities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q3 | us-gaap |
Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
|
the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts | |
CY2024Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1050 | usd |
CY2024Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
166 | usd |
CY2024Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1050 | usd |
CY2024Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
166 | usd |