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Consolidated Balance Sheets - USD ($)
Oct. 31, 2023
Oct. 31, 2022
Current Assets    
Cash and cash equivalents $ 1,170,837 $ 2,320,389
Restricted cash 13,507 137
Short-term investment 43,733 568,467
Loans receivable 400,000
Accounts receivable 9,177 39,347
Inventory, net 955,453 628,187
Advances to suppliers 745,859 392,776
Other receivables and other current assets 2,133,966 999,730
Assets related to discontinued operation 355,974
Total Current Assets 10,471,777 12,248,396
Non-Current Assets    
Property, plant and equipment, net 339,574 636,987
Intangible assets, net 11,828 12,393
Other non-current assets 26,725 29,115
Operating lease right of use asset 540,172 725,903
Assets related to discontinued operation 42,040
Total Non-Current Assets 918,299 3,077,778
Total Assets 11,390,076 15,326,174
Current Liabilities    
Accruals and other payables 1,971,038 278,443
Accounts payable 328
Due to related parties 749,825 6,849
Convertible debenture 2,835,400
Taxes payable 2,686,879 2,643,268
Operating lease liabilities – current 201,741 374,676
Contract liability 1,047,079 1,343,442
Liability related to discontinued operation   823,937
Total Current Liabilities 6,728,526 8,334,530
Non-Current Liabilities    
Operating lease liabilities - non-current 189,351 393,509
Deferred income 172,883 236,290
Liability related to discontinued operation 130,131
Total Non-Current Liabilities 362,234 910,424
Total Liabilities 7,090,760 9,244,954
Commitments and Contingencies
Shareholders’ Equity    
Ordinary shares, $0.00195 par value; (150,000,000 shares authorized, 4,065,609 and 1,363,640 shares issued and outstanding as of October 31, 2023 and 2022, respectively) 7,928 2,659
Additional paid-in capital 23,467,575 15,466,119
Statutory reserve 891,439 891,439
Accumulated deficit (18,660,133) (9,342,111)
Accumulated other comprehensive loss (1,477,025) (1,074,299)
Total equity attributable to Jiuzi Holdings, Inc. 4,229,784 5,943,807
Non-controlling interest 69,532 137,413
Total Equity 4,299,316 6,081,220
Total Liabilities and Shareholders’ Equity 11,390,076 15,326,174
Related Party    
Current Assets    
Loans receivable - related party 4,367,385 6,661,290
Accounts receivable - related party 158,197 214,946
Due from related parties 473,663 67,153
Non-Current Assets    
Loans receivable from related parties, net 1,631,340
Current Liabilities    
Accounts payable – related party 6,970 6,986
Contract liability - related party $ 64,666 21,529
Non-Current Liabilities    
Contract liability   $ 150,494