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LBGJ

Li Bang International Corporation Inc. Ordinary Shares

LBGJ

Li Bang International Corporation Inc. Ordinary Shares • NASDAQ
$0.71 ▲ 1.43% (+0.01)
Market Cap $13.35 M
52w High $4.50
52w Low $0.42
Dividend Yield 0%
P/E -11.85
Volume 203.06K
Outstanding Shares 18.79M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $4.717M ▼ $2.023M ▼ $-1.125M ▼ -23.851% ▼ $-0.06 ▼ $-769.309K ▼
Q4-2024 $7.064M ▲ $2.212M ▲ $90.557K ▲ 1.282% ▲ $0.005 ▲ $331.613K ▲
Q2-2024 $3.73M ▼ $2.191M ▼ $-1.462M ▼ -39.189% ▼ $-0.079 ▼ $-1M ▼
Q4-2023 $5.941M ▼ $2.396M ▲ $-208.888K ▼ -3.516% ▼ $-0.011 ▼ $148.497K ▼
Q2-2023 $8.064M $2.114M $825.706K 10.24% $0.045 $1.592M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $1.094M ▲ $28.8M ▲ $21.108M ▲ $7.755M ▲
Q4-2024 $153.914K ▼ $25.08M ▼ $20.825M ▼ $4.317M ▲
Q2-2024 $169.996K ▲ $26.405M ▲ $22.217M ▲ $4.249M ▼
Q4-2023 $76.019K ▼ $25.353M ▲ $19.804M ▲ $5.607M ▼
Q2-2023 $478.768K $22.406M $16.427M $6.038M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-1.125M ▼ $258.431K ▲ $-4.533M ▼ $5.236M ▲ $956.187K ▲ $216.25K ▲
Q4-2024 $90.557K ▲ $-474.649K ▼ $-317 ▲ $401.572K ▲ $-74.485K ▲ $-475.03K ▼
Q2-2024 $-1.462M ▼ $-171.829K ▲ $-86.871K ▲ $17.913K ▼ $-232.435K ▼ $-275.97K ▲
Q4-2023 $-208.888K ▼ $-3.808M ▼ $-152.887K ▼ $4.044M ▲ $0 $-3.961M ▼
Q2-2023 $825.706K $436.112K $-22.93K $-99.677K $0 $413.18K

Five-Year Company Overview

Income Statement

Income Statement Li Bang is still operating at a very small scale, with revenue stuck in a very narrow range over the past few years. Profitability looks fragile: gross profit exists but is thin, operating income is essentially break-even, and earnings have swung from small profits to a small loss most recently. That pattern suggests the business does not yet have stable, dependable earnings and is highly sensitive to small changes in costs or sales volumes.

Balance Sheet

Balance Sheet The balance sheet is lean and looks somewhat fragile. Total assets are quite small, cash on hand appears minimal, and there is a modest amount of debt relative to the company’s tiny size. Shareholders’ equity has been drifting down, which reduces the financial cushion if things go wrong. Overall, Li Bang does not appear to have much balance sheet flexibility and likely depends on careful cash management and access to outside capital.

Cash Flow

Cash Flow Reported cash flows from operations and free cash flow are essentially flat and close to zero, which implies the core business has not yet become a reliable source of internal cash generation. Capital spending also appears very low, either because the company is capital-light or, more worryingly, because it has limited capacity to invest. In practical terms, the business does not yet show a clear ability to fund growth or withstand shocks purely from its own cash flow.

Competitive Edge

Competitive Edge Li Bang competes in the commercial kitchen equipment space in China, where competition is intense and pricing can be tough. Its main strength is a one‑stop, integrated service model: design, engineering, installation, and after‑sales support bundled together. That positions the company more as a project partner than a simple equipment vendor and can deepen customer relationships, particularly with hotels, restaurants, and large food producers. The broad product range and some brand recognition in its core regions are positives, but limited scale and intense local and global competition remain important constraints.

Innovation and R&D

Innovation and R&D The company emphasizes process quality and incremental product improvements rather than breakthrough technology. It highlights in‑house R&D capabilities and has earmarked IPO proceeds to strengthen research and development, which could support better product design, energy efficiency, and manufacturing efficiency over time. However, there is little public detail on proprietary technology or patents, so the innovation story is more about steady refinement and better service offerings than about clear technological leadership. Execution on R&D plans will be critical for turning this intent into a tangible edge.

Summary

Li Bang looks like a very small, early‑stage or niche industrial player with a service‑heavy business model and a narrow financial base. The operating business is close to break‑even with unstable earnings, the balance sheet is thin with limited cash and modest debt, and cash flows do not yet show a self‑funding engine. On the strategic side, the company’s integrated design‑to‑installation‑to‑maintenance offering and customization capabilities give it a differentiated position within its chosen corner of the Chinese commercial kitchen market. The key swing factors ahead are whether it can use its IPO funds to build scale, deepen its R&D, and gradually improve margins and cash generation in a competitive and price‑sensitive industry, where current financials indicate a relatively high level of uncertainty.

NEWS

November 20, 2025 · 11:41 AM UTC

Li Bang International Announces the Listing of Class A Ordinary Shares

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November 12, 2025 · 4:10 PM UTC

Li Bang International Announces Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

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November 7, 2025 · 11:42 AM UTC

Li Bang International Announces Its Audited Financial Results for Fiscal Year Ended June 30, 2025

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