Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2026
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Art And Collectibles brought in 93% of the revenue King Resources, Inc. broke down this way in fiscal 2026.
Business segments by year
| Business segments | 2025 | 2026 |
|---|---|---|
| Art And Collectibles | $0 | $773.1K |
| Technical Consultancy Services | $76.9K | $57.6K |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue87¢$726.1K
- Other costs13¢$104.6K
Out of $830.7K in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Revenue, net | $830.7K | $76.9K |
| Cost of revenue | -$726.1K | -$46.2K |
| Gross profit | $104.6K | $30.8K |
| Research and development expenses | $0 | -$134.0K |
| Sales and marketing expenses | -$2.0M | -$135.5K |
| General and administrative expenses | -$295.4K | -$334.0K |
| Total operating expenses | -$2.3M | -$603.5K |
| Loss from operation | -$2.2M | -$572.7K |
| Sundry income | $0 | $7.0K |
| Gain on disposal of subsidiaries | $0 | $2.5M |
| Total other income, net | $0 | $2.5M |
| (LOSS) INCOME BEFORE INCOME TAXES | -$2.2M | $1.9M |
| Income tax expense | $0 | $0 |
| NET (LOSS) INCOME | -$2.2M | $1.9M |
| Foreign currency adjustment gain (loss) | $2.5K | -$15.4K |
| COMPREHENSIVE (LOSS) INCOME | -$2.2M | $1.9M |
| Basic | -$0.10 | $3.23 |
| Diluted | -$0.10 | $3.23 |
| Basic | 22.1M shares | 603.6K shares |
| Diluted | 22.1M shares | 603.6K shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Cash and cash equivalents | $8.8K | $2.4K | |
| Accounts receivable | $246.5K | $0 | |
| Deposits, prepayments and other receivables | $16.5K | $0 | |
| Total current assets | $271.8K | $2.4K | |
| Property and equipment, net | $8.4K | $0 | |
| Intangible assets, net | $12 | $1.5K | |
| Total non-current assets | $8.4K | $1.5K | |
| TOTAL ASSETS | $280.2K | $3.9K | |
| Accounts payable | $292.6K | $0 | |
| Accrued liabilities and other payables | $267.1K | $254.1K | |
| Accrued consulting and service fee | $400.0K | $400.0K | |
| Amounts due to related parties | $505.8K | $302.8K | |
| Total current liabilities | $1.5M | $957.0K | |
| TOTAL LIABILITIES | $1.5M | $957.0K | |
| Common stock, par value $0.0001, 36,000,000,000 shares authorized, 10,881,149 and 665,079 shares issued and outstanding as of March 31, 2026 and 2025, respectively | $1.1K | $67 | |
| Deferred compensation | -$2.5M | $0 | |
| Additional paid-in capital | $10.9M | $6.5M | |
| Accumulated other comprehensive income | $3.6K | $1.1K | |
| Accumulated deficit | -$9.6M | -$7.4M | |
| Stockholders deficit | -$1.2M | -$953.0K | -$3.0M |
| TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT | $280.2K | $3.9K | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 100.0M shares | 100.0M shares | |
| Preferred stock, shares undesignated | 50.0M shares | 50.0M shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 36.0B shares | 36.0B shares | |
| Common stock, shares issued | 10.9M shares | 665.1K shares | |
| Common stock, shares outstanding | 10.9M shares | 665.1K shares |
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Cash and cash equivalents | $8.8K | $2.4K | |
| Accounts receivable | $246.5K | $0 | |
| Deposits, prepayments and other receivables | $16.5K | $0 | |
| Total current assets | $271.8K | $2.4K | |
| Property and equipment, net | $8.4K | $0 | |
| Intangible assets, net | $12 | $1.5K | |
| Total non-current assets | $8.4K | $1.5K | |
| TOTAL ASSETS | $280.2K | $3.9K | |
| Accounts payable | $292.6K | $0 | |
| Accrued liabilities and other payables | $267.1K | $254.1K | |
| Accrued consulting and service fee | $400.0K | $400.0K | |
| Amounts due to related parties | $505.8K | $302.8K | |
| Total current liabilities | $1.5M | $957.0K | |
| TOTAL LIABILITIES | $1.5M | $957.0K | |
| Common stock, par value $0.0001, 36,000,000,000 shares authorized, 10,881,149 and 665,079 shares issued and outstanding as of March 31, 2026 and 2025, respectively | $1.1K | $67 | |
| Deferred compensation | -$2.5M | $0 | |
| Additional paid-in capital | $10.9M | $6.5M | |
| Accumulated other comprehensive income | $3.6K | $1.1K | |
| Accumulated deficit | -$9.6M | -$7.4M | |
| Stockholders deficit | -$1.2M | -$953.0K | -$3.0M |
| TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT | $280.2K | $3.9K | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 100.0M shares | 100.0M shares | |
| Preferred stock, shares undesignated | 50.0M shares | 50.0M shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 36.0B shares | 36.0B shares | |
| Common stock, shares issued | 10.9M shares | 665.1K shares | |
| Common stock, shares outstanding | 10.9M shares | 665.1K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Net (loss) income | -$2.2M | $1.9M |
| Depreciation property and equipment | $1.1K | $1.3K |
| Amortization of intangible assets | $1.5K | $6.6K |
| Share based compensation expenses | $1.9M | $0 |
| Loss on impairment of goodwill | $0 | -$6.8K |
| Gain on disposal of subsidiaries | $0 | -$2.5M |
| Accounts receivable | -$246.5K | $0 |
| Deposit, prepayments and other receivables | -$16.5K | $7.8K |
| Accrued liabilities and other payables | $13.0K | $40.0K |
| Accounts payable | $292.6K | $402 |
| Accrued consulting and service fees | $33.0K | $431.0K |
| Net cash used in operating activities | -$156.7K | -$85.6K |
| Cash inflow from acquisition of a subsidiary | $0 | $1.0K |
| Cash outflow from disposal of subsidiaries | $0 | -$4.2K |
| Cash outflow from purchases of property and equipment | -$9.4K | $0 |
| Net cash used in investing activities | -$9.4K | -$3.2K |
| Advances from related parties | $170.0K | $103.0K |
| Net cash provided by financing activities | $170.0K | $103.0K |
| Foreign currency translation adjustment | $2.5K | -$13.5K |
| Net change in cash and cash equivalents | $6.4K | $861 |
| Cash paid for income taxes | $0 | $0 |
| Cash paid for interest | $0 | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
King Resources, Inc. sits at the top of its group. 4 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of King Resources, Inc.
- Silver Bloom Properties Ltd Filed SC 13D on King Resources, Inc., latest Jun 7, 2022
- Wah Fu Filed SC 13D on King Resources, Inc., latest Jun 7, 2022
- King Resources, Inc. DE
- Heavenly Grace Limited Subsidiary · Hong Kong
- OneSolution Holdings Limited Subsidiary · British Virgin Islands
- OneSolution Innotech Limited Subsidiary · Hong Kong
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What King Resources, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $08 Mar 31, 2025 | $54.8K8 Mar 31, 2024 | −100.0% |
| Accumulated depreciation | $1.1K2 Mar 31, 2026 | $02 Mar 31, 2025 | |
| Property and equipment, net | $8.4K2 Mar 31, 2026 | $02 Mar 31, 2025 |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $122 Mar 31, 2026 | $1.5K2 Mar 31, 2025 | −99.2% |
| Accumulated amortization | -$41.3K2 Mar 31, 2026 | -$4.3K2 Mar 31, 2025 | −859.7% |
| Finite-lived intangibles, net | $122 Mar 31, 2026 | $1.5K2 Mar 31, 2025 | −99.2% |
Properties, in its own words
Our corporate and executive office is located at Unit 1813, 18/F, Fo Tan Industrial Centre, 26-28 Au Pui Wan Street, Fo Tan, Hong Kong, telephone number +852 3585 8905. We are parties to commit with office rental agreement at a monthly rate of $3,469, for a term of 24 months.
We believe that our current facilities are adequate for our current needs. We expect to secure new facilities or expand existing facilities as necessary to support future growth. We believe that suitable additional space will be available on commercially reasonable terms as needed to accommodate our operations.
Item 2 of the 10-K filed Jul 14, 2026.13
Leadership
Who has led King Resources, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerNga Yin Polin Wong Apr 22, 2024 to Apr 22, 202414
- Chief executive officerWah Fu Jun 7, 2022 to Jun 7, 202215
- Chief financial officerNga Yin Polin Wong Apr 22, 2024 to Apr 22, 202414
- Chief financial officerPing Kee Lau Jun 7, 2022 to Jun 7, 202216
Board members and other officers (5)
- Board memberNga Yin Polin Wong Apr 22, 2024 to Apr 22, 202414
- Board memberPing Kee Lau Jun 7, 2022 to Jun 7, 202216
- Board memberWah Fu Jun 7, 2022 to Jun 7, 202215
- Board memberKan Tat Frederick Wong Sep 7, 2022 to Dec 10, 202417
- Board memberMei Fan Pauline Lo Sep 7, 2022 to Oct 8, 202418
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Heavenly Grace Limited Hong Kong4
- OneSolution Holdings Limited British Virgin Islands4
- OneSolution Innotech Limited Hong Kong4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Sep 4, 20268-K Entered a material agreement19
- Dec 17, 20258-K Executive or director change20
- May 27, 20258-K Change of auditor21
- Dec 10, 20248-K Executive or director change22
- Oct 8, 20248-K Executive or director change23
- Sep 23, 20248-K Change of auditor24
- Apr 22, 2024New chief executive Nga Yin Polin Wong becomes CEO14
- Apr 15, 20248-K Executive or director change25
- Jan 4, 20248-K Executive or director change26
- Nov 20, 20238-K Executive or director change27
- Sep 1, 20228-K Executive or director change; Other events28
- Jun 22, 20228-K Entered a material agreement29
- Jun 7, 2022New chief executive Wah Fu becomes CEO15
Filings
72 filings to the SEC since October 2021: 7 annual reports, 14 quarterly reports, 11 major events, 8 insider forms, 2 large holders, 30 other. The latest 20:
- Sep 4, 20268-K CURRENT REPORT EDGAR
- Aug 13, 202610-Q FORM 10-Q FOR JUN 2026 EDGAR
- Jul 24, 2026DEFR14C AMENDMENT NO. 1 TO DEF 14C EDGAR
- Jul 23, 202610-K/A FORM 10-K FOR MAR 2026 AMENDMENT 1 EDGAR
- Jul 14, 202610-K FORM 10-K FOR MAR 2026 EDGAR
- Jun 30, 2026NT 10-K EXTENSION EDGAR
- Jun 3, 2026DEF 14C EDGAR
- May 19, 2026PRE 14C PRELIMINARY INFORMATION STATEMENT EDGAR
- Feb 23, 202610-Q FORM 10-Q FOR DEC 2025 EDGAR
- Feb 17, 2026NT 10-Q FORM 12B-25 EDGAR
- Dec 17, 20258-K CURRENT REPORT EDGAR
- Dec 17, 2025S-8 REGISTRATION STATEMENT EDGAR
- Nov 19, 202510-Q FORM 10-Q FOR SEP 2025 EDGAR
- Nov 14, 2025NT 10-Q NOTICE OF LATE FILING EDGAR
- Aug 19, 202510-Q FORM 10-Q FOR JUN 2025 EDGAR
- Aug 14, 2025NT 10-Q EXTENSION FOR JUNE 2025 EDGAR
- Jul 15, 202510-K FORM 10-K FOR MARCH 2025 EDGAR
- Jun 30, 2025NT 10-K EXTENSION MARCH 2025 EDGAR
- May 27, 20258-K CURRENT REPORT EDGAR
- Apr 14, 2025DEF 14C EDGAR
The 72 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Silver Bloom Properties LtdSC 13D, 1 filing Jun 7, 202230
- Wah FuSC 13D, 1 filing Jun 7, 202231
SEC filer profile
How King Resources, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARKing Resources, Inc.1
- CIK0000774415
- Employer ID (EIN)13-378414913
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company13
- Incorporated inDelaware13
- Fiscal year endsMarch 311
- Industry code (SIC)7380 Services-Miscellaneous Business Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressUnit 1813, 18/F, Fo Tan Industrial Centr, 26-28 Au Pui Wan Street, Fo Tan, Hong Kong1
- Phone852-358589051
- Shares outstanding10,881,149 as of Aug 12, 202612
- Public float$382.2K as of Sep 30, 202513
- AuditorLateef Awojobi, Lagos, Nigeria PCAOB ID 7057; it also attests to the company’s internal control over financial reporting13
- On EDGAR sinceMay 15, 19961
- Filings152 in all: S-8 (26), 8-K (20), 10QSB (18), 10-Q (14), NT 10-Q (12), NT 10-K (8), 10KSB (6), 3 (6)1
All 29 form types
10-K (5), DEF 14C (3), PRE 14C (3), UPLOAD (3), 10-12G/A (2), 10-K/A (2), 10QSB/A (2), 15-15D/A (2), 4 (2), CORRESP (2), D (2), DEF 14A (2), NTN 10Q (2), S-8 POS (2), SC 13D (2), 10-12G (1), 15-15D (1), 15F-15D/A (1), 8-K/A (1), DEFR14C (1), PRE 14A (1)
- Latest filingsAnnual report (10-K) Jul 14, 2026
Quarterly report (10-Q) Aug 13, 2026
Proxy statement (DEF 14A) Jul 19, 1996
Latest 8-K (8-K) Sep 4, 2026
Risk factors and legal proceedings
The risks King Resources, Inc. names in Item 1A of its 10-K filed Jul 14, 2026: 32 risks under these headings, as written.13
- Risks Related to Our Business and Industry
- We have derived, and expect to continue to derive, a significant amount of revenue from a small number of customers.
- We rely on third-party service providers and partners for certain aspects of our operations, including the creation of DOTs, and any interruptions in services provided by these third parties may impair our ability to support our users.
- If we are unable to protect the confidentiality of our trade secrets, our business and competitive position would be harmed.
- The PRC government has significant oversight and discretion over the conduct of a Hong Kong company’s business operations or to exert control over any offering of securities conducted overseas and/or foreign investment in China-based issuers, and may intervene with or influence our operations, may limit or completely hinder our ability to offer or continue to offer securities to investors, and may cause the value of such securities to significantly decline or be worthless, as the government deems appropriate to further regulatory, political and societal goals.
- We face the risk that changes in the policies of the PRC government could have a significant impact upon the business we may be able to conduct in Hong Kong currently, and in the future, in China, and the profitability of such business.
- Substantial uncertainties and restrictions with respect to the political, legal and economic policies of the PRC government and PRC laws and regulations could have a significant impact upon the business that we may be able to conduct in Hong Kong and the PRC, and accordingly on the results of our operations and financial condition.
- Adverse regulatory developments in China may subject us to additional regulatory review, and additional disclosure requirements and regulatory scrutiny to be adopted by the SEC in response to risks related to recent regulatory developments in China may impose additional compliance requirements for companies like us with Hong Kong-based operations, all of which could increase our compliance costs, subject us to additional disclosure requirements.
- We may become subject to a variety of laws and regulations in the PRC regarding privacy, data security, cybersecurity, and data protection. We may be liable for improper use or appropriation of personal information provided by our customers.
- Under the PRC enterprise income tax law, we may be classified as a “PRC resident enterprise”, which could result in unfavorable tax consequences to us and our shareholders and have a material adverse effect on our results of operations and the value of your investment.
- PRC regulation of loans to and direct investment in PRC entities by offshore holding companies and governmental control of currency conversion may delay or prevent us from using the proceeds we receive from offshore financing activities to make loans to or make additional capital contributions to our Hong Kong subsidiary, which could materially and adversely affect our liquidity and our ability to fund and expand business.
- Because our holding company structure creates restrictions on the payment of dividends or other cash payments, our ability to pay dividends or make other cash payments is limited.
The other 21 risks
- If any dividend is declared in the future and paid in a foreign currency, you may be taxed on a larger amount in U.S. dollars than the U.S. dollar amount that you will actually ultimately receive.
- Dividends payable to our foreign investors and gains on the sale of our shares of common stock by our foreign investors may become subject to tax by the PRC.
- Our global income may be subject to PRC taxes under the PRC Enterprise Income Tax Law, which could have a material adverse effect on our results of operations.
- We and our shareholders face uncertainties with respect to indirect transfers of equity interests in PRC resident enterprises by their non-PRC holding companies.
- The M&A Rules and certain other PRC regulations may make it more difficult for us to pursue growth through acquisitions.
- PRC regulations relating to offshore investment activities by PRC residents may limit our Hong Kong subsidiary’s ability to increase their registered capital or distribute profits to us or otherwise expose us to liability and penalties under PRC law.
- Our Hong Kong subsidiary may be subject to restrictions on paying dividends or making other payments to us, which may restrict its ability to satisfy liquidity requirements, conduct business and pay dividends to holders of our common stock.
- Governmental control of currency conversion may limit our ability to utilize revenues effectively and affect the value of your investment.
- Failure to comply with PRC regulations regarding the registration requirements for employee stock ownership plans or share option plans may subject the PRC plan participants or us to fines and other legal or administrative sanctions.
- If we become directly subject to the recent scrutiny, criticism and negative publicity involving U.S.-listed Chinese companies, we may have to expend significant resources to investigate and resolve the matter which could harm our business operations, stock price and reputation and could result in a loss of your investment in our stock, especially if such matter cannot be addressed and resolved favorably.
- Investors may experience difficulties in effecting service of legal process, enforcing foreign judgments or bringing original actions in Hong Kong based upon U.S. laws, including the federal securities laws or other foreign laws against us or our management.
- Cybersecurity Breaches and other Disruptions to our Information Technology Systems
- Risks Related to Our Finances and Capital Requirements
- We will need additional funding and may be unable to raise capital when needed, which would force us to delay any business expansions or acquisitions.
- Raising additional capital may cause dilution to our existing stockholders, restrict our operations or require us to relinquish proprietary rights.
- Risks Relating to Securities Markets and Investment in Our Stock
- There is presently none and there may not ever be an active market for our Common Stock. There are restrictions on the transferability of these securities.
- Our common stock is subject to the “penny stock” rules of the sec and the trading market in our securities is limited, which makes transactions in our stock cumbersome and may reduce the value of an investment in our stock.
- Our insiders beneficially own a significant portion of our stock, and accordingly, may have control over stockholder matters, our business and management.
- State securities laws may limit secondary trading, which may restrict the states in which and conditions under which you can sell the shares offered by this registration statement.
- Anti-takeover effects of certain provisions of Delaware state law hinder a potential takeover of our company.
- Because we do not intend to pay any cash dividends on our common stock, our stockholders will not be able to receive a return on their shares unless they sell them.
- Our stock may be subject to substantial price and volume fluctuations due to a number of factors, many of which are beyond our control and may prevent our stockholders from reselling our Common Stock at a profit.
Legal proceedings
There are no material pending legal proceedings to which we or our subsidiaries are a party or to which any of our or their property is subject, nor are there any such proceedings known to be contemplated by governmental authorities. None of our directors, officers, affiliates or any owner of record or beneficially of more than 5% of our common stock, or any associate of any of the foregoing, is involved in a proceeding adverse to our business or has a material interest adverse to our business.
The opening of Item 3, Legal Proceedings.13
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15SEC EDGARWah Fu, Chief executive officer
- 16
- 17SEC EDGARKan Tat Frederick Wong, Board member
- 18SEC EDGARMei Fan Pauline Lo, Board member
- 19SEC EDGAREntered a material agreement
- 20SEC EDGARExecutive or director change
- 21SEC EDGARChange of auditor
- 22SEC EDGARExecutive or director change
- 23SEC EDGARExecutive or director change
- 24SEC EDGARChange of auditor
- 25SEC EDGARExecutive or director change
- 26SEC EDGARExecutive or director change
- 27SEC EDGARExecutive or director change
- 28
- 29SEC EDGAREntered a material agreement
- 30
- 31