Financial Snapshot

Revenue
$25.80M
TTM
Gross Margin
32.71%
TTM
Net Earnings
-$19.17K
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
92.36%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$4.255M
Q2 2024
Cash
Q2 2024
P/E
-3.642K
Nov 29, 2024 EST
Free Cash Flow
-$1.086M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021
Revenue $10.79M $14.00M $13.48M $15.90M
YoY Change -22.92% 3.9% -15.24%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021
Revenue $10.79M $14.00M $13.48M $15.90M
Cost Of Revenue $8.086M $8.247M $8.624M $9.310M
Gross Profit $2.708M $5.758M $4.855M $6.592M
Gross Profit Margin 25.08% 41.11% 36.02% 41.45%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021
Selling, General & Admin $3.340M $3.297M $3.146M $2.954M
YoY Change 1.32% 4.79% 6.5%
% of Gross Profit 123.37% 57.26% 64.8% 44.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $460.7K $498.7K $541.8K $535.3K
YoY Change -7.61% -7.96% 1.21%
% of Gross Profit 17.02% 8.66% 11.16% 8.12%
Operating Expenses $4.425M $4.510M $3.525M $2.954M
YoY Change -1.89% 27.97% 19.31%
Operating Profit -$1.717M $1.248M $1.331M $3.638M
YoY Change -237.65% -6.24% -63.42%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021
Interest Expense -$375.5K -$291.9K -$203.5K
YoY Change 28.62% 43.41%
% of Operating Profit -30.09% -21.94% -5.59%
Other Income/Expense, Net $155.8K -$380.9K $107.6K $143.0K
YoY Change -140.9% -454.16% -24.81%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021
Pretax Income -$1.562M $866.7K $1.438M $3.577M
YoY Change -280.17% -39.74% -59.8%
Income Tax -$187.7K $252.6K $593.1K $919.0K
% Of Pretax Income 29.15% 41.24% 25.69%
Net Earnings -$1.371M $616.8K $848.1K $2.662M
YoY Change -322.29% -27.27% -68.14%
Net Earnings / Revenue -12.7% 4.4% 6.29% 16.74%
Basic Earnings Per Share -$0.08 $0.04 $0.05
Diluted Earnings Per Share -$0.08 $0.04 $0.05 $0.14

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021
Cash & Short-Term Investments $76.02K $172.0K $104.8K
YoY Change -55.81% 64.09%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $1.793M $865.6K $399.3K
YoY Change 107.17% 116.79%
Inventory $1.547M $2.141M $4.014M
Prepaid Expenses
Receivables $11.87M $8.860M $4.970M
Other Receivables $0.00 $323.1K $1.229M
Total Short-Term Assets $15.29M $12.36M $10.72M
YoY Change 23.69% 15.34%
Property, Plant & Equipment $3.092M $3.647M $4.095M
YoY Change -15.23% -10.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.629M
YoY Change
Other Assets $2.346M $2.247M $282.9K
YoY Change 4.43% 694.04%
Total Long-Term Assets $10.06M $8.015M $6.120M
YoY Change 25.55% 30.98%
Total Assets $25.35M $20.38M $16.84M
YoY Change
Accounts Payable $4.360M $3.604M $2.835M
YoY Change 21.0% 27.13%
Accrued Expenses $853.9K $669.3K $325.7K
YoY Change 27.59% 105.46%
Deferred Revenue
YoY Change
Short-Term Debt $9.681M $6.569M $3.523M
YoY Change 47.37% 86.45%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $19.51M $15.02M $11.19M
YoY Change 29.83% 34.27%
Long-Term Debt $297.6K $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $297.6K $0.00 $0.00
YoY Change
Total Liabilities $19.75M $14.96M $11.13M
YoY Change 31.95% 34.44%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021
Basic Shares Outstanding 17.00M shares 17.00M shares 17.00M shares
Diluted Shares Outstanding 17.00M shares 17.00M shares 17.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $69.82 Million

About Li Bang International Corp Inc.

Li Bang International Corporation Inc is a CN-based company operating in Machinery industry. The company is headquartered in Wuxi, Jiangsu and currently employs 140 full-time employees. The company went IPO on 2024-10-23. LI Bang International Corporation Inc is a holding company principally engaged in the design, development, production and sales of stainless steel commercial kitchen equipment. The firm's products mainly include kitchen equipment, cooking machinery, food machinery, hotel supplies, kitchen accessories, and others. The firm's products are primarily sold through Li Bang brand. The firm also provides customers with comprehensive services, from commercial kitchen design in the early stage to equipment installation and after-sales maintenance. The firm is dedicated to providing commercial kitchen appliances for governments, enterprises, public institutions, schools, hospitals and hotels. The firm mainly conducts its businesses in the domestic market.

Industry: Refrigeration & Service Industry Machinery Peers: