The following discussion of our financial condition and results of operations should be read in conjunction with our audited financial statements and the notes to those financial statements appearing elsewhere in this Report.

Certain statements in this Report constitute forward-looking statements. These forward-looking statements include statements, which involve risks and uncertainties, regarding, among other things, (a) our projected sales, profitability, and cash flows, (b) our growth strategy, (c) anticipated trends in our industry, (d) our future financing plans, and (e) our anticipated needs for, and use of, working capital. They are generally identifiable by use of the words "may," "will," "should," "anticipate," "estimate," "plan," "potential," "project," "continuing," "ongoing," "expects," "management believes," "we believe," "we intend," or the negative of these words or other variations on these words or comparable terminology. In light of these risks and uncertainties, there can be no assurance that the forward-looking statements contained in this filing will in fact occur. You should not place undue reliance on these forward-looking statements.

The forward-looking statements speak only as of the date on which they are made, and, except to the extent required by federal securities laws, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date on which the statements are made or to reflect the occurrence of unanticipated events.





11







Overview

Leader Hill Corporation is headquartered in Shenzhen, China and primarily operates in the industry of business consulting. At present, the only service that has been provided by the Company thus far, has been the research and creation of a 'feasibility report'. All other additional services are prospective, and have not, as of this point in time, been performed for any clients yet. We believe that we have the capacity to offer any of the below services immediately upon securing an agreement with a client. We assist, and plan to continue to assist, start-up to mid-size companies in the East Asia region, with a focus on mainland China and Hong Kong. Our core services are divided into four categories: company formation, corporate secretarial and administration, accounting and bookkeeping, and general business consulting services.

As of November 30, 2021, and 2020, our accumulated deficits were $142,914 and $109,014 respectively. Our stockholders' deficit was $33,395 and $6,804 as of November 30, 2021 and 2020 respectively.





Results of Operations



Revenue

The company has not generated any revenue nor incurred any cost of sale for the year ended November 30, 2021.

The company has not generated any revenue nor incurred any cost of sale for the year ended November 30, 2020.

General and Administrative Expenses

For the year ended November 30, 2021, the Company has incurred a general and administrative expenses of $33,900, which primarily consist of legal and professional fees, transfer agent fees, audit and audit related fees and filing agent fees.

For the year ended November 30, 2020 the Company has incurred a general and administrative expenses of $40,009, which primarily consist of legal and professional fees, transfer agent fees, audit and audit related fees, filing agent fees and accrual of prepaid expenses related to website development.





Net Loss

The Company has incurred net loss of $33,900 and $40,009 for the year ended November 30, 2021 and 2020 respectively. The net loss mainly derived from the general and administrative expenses incurred.





12

Liquidity and Capital Resources

Cash Used in Operating Activities

For the year ended November 30, 2021, the company has consumed $514 in operating activity, of which mainly consist of incurring an operating net loss and decrease in accrued expenses contra by loan from director.

For the year ended November 30, 2020, the company has consumed $21 in operating activity, of which mainly consist of incurring an operating net loss and decrease in accrued expenses contra by loan from director.

Cash from Investing Activities

For the year ended November 30, 2021 and 2020, the Company has not used nor being provided with cash from investing activity.

Cash from Financing Activities

For the year ended November 30, 2021 and 2020, the Company has not used nor being provided with cash from financing activity.

13

© Edgar Online, source Glimpses