2024 Q2 Form 20-F Financial Statement
#000121390024095922 Filed on November 08, 2024
Income Statement
Concept | 2024 Q2 | 2024 | 2023 Q2 |
---|---|---|---|
Revenue | $10.79M | $14.00M | |
YoY Change | -22.92% | ||
Cost Of Revenue | $8.086M | $8.247M | |
YoY Change | -1.94% | ||
Gross Profit | $2.708M | $5.758M | |
YoY Change | -52.98% | ||
Gross Profit Margin | 25.08% | 41.11% | |
Selling, General & Admin | $3.340M | $4.510M | |
YoY Change | 1.32% | ||
% of Gross Profit | 123.37% | 78.33% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $460.7K | $248.0K | |
YoY Change | -7.61% | ||
% of Gross Profit | 17.02% | 4.31% | |
Operating Expenses | $4.425M | $4.510M | |
YoY Change | -1.89% | ||
Operating Profit | -$1.717M | $1.248M | |
YoY Change | -237.65% | ||
Interest Expense | -$375.5K | ||
YoY Change | |||
% of Operating Profit | -30.09% | ||
Other Income/Expense, Net | $155.8K | -$5.460K | |
YoY Change | -140.9% | ||
Pretax Income | -$1.562M | $866.7K | |
YoY Change | -280.17% | ||
Income Tax | -$187.7K | $252.6K | |
% Of Pretax Income | 29.15% | ||
Net Earnings | -$1.371M | $616.8K | |
YoY Change | -322.29% | ||
Net Earnings / Revenue | -12.7% | 4.4% | |
Basic Earnings Per Share | -$0.08 | ||
Diluted Earnings Per Share | -$0.08 | $0.03 | |
COMMON SHARES | |||
Basic Shares Outstanding | 17.00M shares | 17.00M shares | |
Diluted Shares Outstanding | 17.00M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 | 2023 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $76.02K | ||
YoY Change | -55.81% | ||
Cash & Equivalents | $234.2K | $541.1K | |
Short-Term Investments | |||
Other Short-Term Assets | $1.793M | ||
YoY Change | 107.17% | ||
Inventory | $1.750M | $1.547M | |
Prepaid Expenses | |||
Receivables | $12.29M | $11.87M | |
Other Receivables | $0.00 | ||
Total Short-Term Assets | $15.72M | $15.29M | |
YoY Change | 2.8% | 23.69% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.791M | $3.092M | |
YoY Change | -9.74% | -15.23% | |
Goodwill | |||
YoY Change | |||
Intangibles | $539.9K | $547.4K | |
YoY Change | -1.36% | ||
Long-Term Investments | $2.629M | ||
YoY Change | |||
Other Assets | $169.9K | $73.22K | |
YoY Change | 132.08% | -96.74% | |
Total Long-Term Assets | $9.361M | $10.06M | |
YoY Change | -6.97% | 25.55% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $15.72M | $15.29M | |
Total Long-Term Assets | $9.361M | $10.06M | |
Total Assets | $25.08M | $25.35M | |
YoY Change | -1.08% | 24.42% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.695M | $4.360M | |
YoY Change | 7.67% | 21.0% | |
Accrued Expenses | $72.08K | $74.78K | |
YoY Change | -3.61% | -88.83% | |
Deferred Revenue | $1.027M | $1.029M | |
YoY Change | -0.22% | ||
Short-Term Debt | $9.681M | ||
YoY Change | 47.37% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $17.02M | $19.51M | |
YoY Change | -12.76% | 29.83% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $297.6K | ||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $3.807M | $297.5K | |
YoY Change | 1179.32% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $17.02M | $19.51M | |
Total Long-Term Liabilities | $3.807M | $297.5K | |
Total Liabilities | $20.82M | $19.80M | |
YoY Change | 5.15% | 32.34% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $1.584M | $2.955M | |
YoY Change | -46.4% | ||
Common Stock | $2.238M | $2.238M | |
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $4.317M | $5.607M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $25.08M | $25.35M | |
YoY Change | -1.08% | 24.42% |
Cashflow Statement
Concept | 2024 Q2 | 2024 | 2023 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.371M | $616.8K | |
YoY Change | -322.29% | ||
Depreciation, Depletion And Amortization | $460.7K | $248.0K | |
YoY Change | -7.61% | ||
Cash From Operating Activities | -$646.5K | -$1.071M | |
YoY Change | 1.9% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | $153.0K | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$2.737M | ||
YoY Change | |||
Cash From Investing Activities | -$87.19K | -$2.890M | |
YoY Change | -97.01% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $419.5K | 4.044M | |
YoY Change | -89.36% | ||
NET CHANGE | |||
Cash From Operating Activities | -$646.5K | -1.071M | |
Cash From Investing Activities | -$87.19K | -2.890M | |
Cash From Financing Activities | $419.5K | 4.044M | |
Net Change In Cash | -$306.9K | 83.46K | |
YoY Change | -183.15% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$646.5K | -$1.071M | |
Capital Expenditures | $153.0K | ||
Free Cash Flow | -$1.224M | ||
YoY Change |
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2024-06-30 | |
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Li Bang International Corporation Inc. | |
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No. 190 Xizhang Road | |
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Ordinary shares, par value $0.0001 per share | |
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|
-187720 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
252611 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
593118 | usd |
CY2024 | us-gaap |
Profit Loss
ProfitLoss
|
-1373887 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
614120 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
845103 | usd |
CY2024 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-2746 | usd |
CY2023 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-2698 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-3014 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1371141 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
616818 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
848117 | usd |
CY2024 | us-gaap |
Profit Loss
ProfitLoss
|
-1373887 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
614120 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
845103 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
79844 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-417717 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-198530 | usd |
CY2024 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-1294043 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
196403 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
646573 | usd |
CY2024 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-3558 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1677 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-680 | usd |
CY2024 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1290485 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
194726 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
647253 | usd |
CY2024 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.08 | |
CY2024 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.04 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.04 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.05 | |
CY2024 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17000000 | shares |
CY2024 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17000000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17000000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17000000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17000000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17000000 | shares |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5647137 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
845103 | usd |
CY2022 | us-gaap |
Dividends Cash
DividendsCash
|
941073 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-198530 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5352637 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
614120 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-417717 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5549040 | usd |
CY2024 | us-gaap |
Profit Loss
ProfitLoss
|
-1373887 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
79844 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4254997 | usd |
CY2024 | us-gaap |
Profit Loss
ProfitLoss
|
-1373887 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
614120 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
845103 | usd |
CY2024 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
460720 | usd |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
498650 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
541793 | usd |
CY2024 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
14839 | usd |
CY2023 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-547 | usd |
CY2024 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1084649 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1213483 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
378294 | usd |
CY2024 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-93655 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-223230 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-214530 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
391851 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
5049769 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
5003595 | usd |
CY2024 | us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
172208 | usd |
CY2023 | us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
-14694 | usd |
CY2022 | us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
-7434 | usd |
CY2024 | us-gaap |
Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
|
201638 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
|
299526 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
|
617272 | usd |
CY2024 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
182119 | usd |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-460389 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1790126 | usd |
CY2023 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
-297666 | usd |
CY2022 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
-886753 | usd |
CY2024 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-35262 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
195641 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2597 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
273650 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1054719 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
775007 | usd |
CY2024 | lbgj |
Increase Decrease Advances From Customers
IncreaseDecreaseAdvancesFromCustomers
|
-16578 | usd |
CY2023 | lbgj |
Increase Decrease Advances From Customers
IncreaseDecreaseAdvancesFromCustomers
|
294836 | usd |
CY2022 | lbgj |
Increase Decrease Advances From Customers
IncreaseDecreaseAdvancesFromCustomers
|
-1723413 | usd |
CY2024 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-102435 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
639275 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
1687572 | usd |
CY2024 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-26077 | usd |
CY2023 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
85253 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-78634 | usd |
CY2024 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
74527 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-39880 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
317688 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-646479 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-634414 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-410271 | usd |
CY2024 | us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
104523 | usd |
CY2023 | us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
175962 | usd |
CY2022 | us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
84899 | usd |
CY2024 | us-gaap |
Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
|
17334 | usd |
CY2023 | us-gaap |
Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
|
144 | usd |
CY2022 | us-gaap |
Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
|
1548683 | usd |
CY2023 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
2737161 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-87189 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2912979 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1633582 | usd |
CY2024 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
7969044 | usd |
CY2023 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
14461012 | usd |
CY2022 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
8146072 | usd |
CY2024 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
7422258 | usd |
CY2023 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
10425427 | usd |
CY2022 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
4843199 | usd |
CY2024 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
127300 | usd |
CY2023 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
91238 | usd |
CY2022 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
255900 | usd |
CY2022 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
929210 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
419486 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3944347 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2117763 | usd |
CY2024 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7262 | usd |
CY2023 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-27857 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-6723 | usd |
CY2024 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-306920 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
369097 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
67187 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
541127 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
172030 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
104843 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
234207 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
541127 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
172030 | usd |
CY2024Q2 | us-gaap |
Cash
Cash
|
153914 | usd |
CY2023Q2 | us-gaap |
Cash
Cash
|
76019 | usd |
CY2022Q2 | us-gaap |
Cash
Cash
|
172030 | usd |
CY2024Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
80293 | usd |
CY2023Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
465108 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
234207 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
541127 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
172030 | usd |
CY2024 | us-gaap |
Interest Paid Net
InterestPaidNet
|
425736 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
375286 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
291901 | usd |
CY2024 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
59 | usd |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
167010 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
983 | usd |
CY2024 | dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2021-07-08 | |
CY2022Q3 | us-gaap |
Other Additional Capital
OtherAdditionalCapital
|
16990000 | usd |
CY2024 | us-gaap |
Profit Loss
ProfitLoss
|
-1373887 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-646479 | usd |
CY2024Q2 | us-gaap |
Other Loans Payable
OtherLoansPayable
|
10700000 | usd |
CY2024 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i>Use of estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In preparing the CFS in conformity with U.S. GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the dates of the CFS, as well as the reported amounts of revenue and expenses during the reporting periods. Significant items subject to such estimates and assumptions include, but are not limited to, the assessment of the allowance for doubtful accounts, the valuation of inventories, useful lives of property and equipment and intangible assets, the recoverability of long-lived assets, uncertain tax positions and realization of deferred tax assets. Actual results could differ from those estimates.</p> | |
CY2024Q2 | us-gaap |
Bank Owned Life Insurance
BankOwnedLifeInsurance
|
500000 | cny |
CY2024Q2 | us-gaap |
Bank Owned Life Insurance
BankOwnedLifeInsurance
|
70158 | usd |
CY2024Q2 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
172348 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
|
P50Y | |
CY2024 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
208751 | usd |
CY2023 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
214351 | usd |
us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
229782 | usd | |
CY2024 | lbgj |
Vat Rate
VATRate
|
0.13 | pure |
CY2024Q2 | us-gaap |
Credit Risk Derivatives At Fair Value Net
CreditRiskDerivativesAtFairValueNet
|
10470000 | usd |
CY2023Q2 | us-gaap |
Credit Risk Derivatives At Fair Value Net
CreditRiskDerivativesAtFairValueNet
|
10890000 | usd |
CY2022Q2 | us-gaap |
Credit Risk Derivatives At Fair Value Net
CreditRiskDerivativesAtFairValueNet
|
8210000 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
15518614 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
14919199 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
2561803 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1569858 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
12956811 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
13322341 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
12286665 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
11874127 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
|
670146 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
|
1448214 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
|
670146 | usd |
CY2024Q2 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
2860000 | usd |
CY2023Q2 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
3020000.00 | usd |
CY2024Q2 | lbgj |
Accounts Receivable Warranty Deposit
AccountsReceivableWarrantyDeposit
|
2857115 | usd |
CY2024Q2 | lbgj |
Advances For Products And Services
AdvancesForProductsAndServices
|
1246130 | usd |
CY2023Q2 | lbgj |
Advances For Products And Services
AdvancesForProductsAndServices
|
1030020 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
254612 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
113202 | usd |
CY2024Q2 | us-gaap |
Supplies
Supplies
|
991518 | usd |
CY2023Q2 | us-gaap |
Supplies
Supplies
|
916818 | usd |
CY2024Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
524470 | usd |
CY2023Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
439157 | usd |
CY2024Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1125824 | usd |
CY2023Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1037427 | usd |
CY2024Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
100074 | usd |
CY2023Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
70033 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
1750369 | usd |
CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
1546617 | usd |
CY2024 | us-gaap |
Maturities Of Time Deposits Description
MaturitiesOfTimeDepositsDescription
|
May 2026 | |
CY2024Q2 | lbgj |
Fixed Deposit
FixedDeposit
|
19000000 | cny |
CY2021Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
10000000 | cny |
CY2021Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
1400000 | usd |
CY2021Q4 | us-gaap |
Area Of Land
AreaOfLand
|
13000 | sqm |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
6753901 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
6607460 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3963010 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3515567 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2790891 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3091893 | usd |
CY2024 | us-gaap |
Depreciation
Depreciation
|
447443 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
483216 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
525201 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
751635 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
741337 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
211710 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
193983 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
539925 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
547354 | usd |
CY2024 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
15020 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
15434 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
16592 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
15033 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
15033 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
15033 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
15033 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
15033 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
464762 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
539925 | usd |
CY2024Q2 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
864458 | usd |
CY2023Q2 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
779115 | usd |
CY2024Q2 | lbgj |
Interestfree Borrowing From Third Parties
InterestfreeBorrowingFromThirdParties
|
80100 | usd |
CY2023Q2 | lbgj |
Interestfree Borrowing From Third Parties
InterestfreeBorrowingFromThirdParties
|
82868 | usd |
CY2024Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
72079 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
74777 | usd |
CY2024Q2 | us-gaap |
Deposits
Deposits
|
14032 | usd |
CY2023Q2 | us-gaap |
Deposits
Deposits
|
13839 | usd |
CY2024Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
3060 | usd |
CY2023Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
325 | usd |
CY2024Q2 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
1033729 | usd |
CY2023Q2 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
950924 | usd |
CY2024 | lbgj |
Schedule Of Other Related Party Balances
ScheduleOfOtherRelatedPartyBalances
|
The following are related party balances which are non-interest bearing as of June 30, 2024 and 2023:<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">US$</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">US$</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold">Amounts due to related parties:</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left; text-indent: -9pt; padding-left: 9pt">Fan Hu (1)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">107,476</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">111,705</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt">Huang Feng (1)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">24,098</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">43,807</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">131,574</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">155,512</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in; text-align: left"><span style="font-size: 10pt">(1)</span></td><td style="text-align: justify"><span style="font-size: 10pt">The balances mainly are for expenses paid on behalf of the Company for daily operations.</span></td> </tr></table> | |
CY2022 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
42167 | usd |
CY2024 | lbgj |
Nonproject Installation And Maintenance Revenue
NonprojectInstallationAndMaintenanceRevenue
|
107476 | usd |
CY2023 | lbgj |
Nonproject Installation And Maintenance Revenue
NonprojectInstallationAndMaintenanceRevenue
|
90353 | usd |
CY2022 | lbgj |
Nonproject Installation And Maintenance Revenue
NonprojectInstallationAndMaintenanceRevenue
|
195788 | usd |
CY2024 | us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
131016 | usd |
CY2023 | us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
136796 | usd |
CY2022 | us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
102568 | usd |
CY2024 | lbgj |
Brand Charge
BrandCharge
|
97092 | usd |
CY2023 | lbgj |
Brand Charge
BrandCharge
|
15392 | usd |
CY2022 | lbgj |
Brand Charge
BrandCharge
|
74157 | usd |
CY2024 | lbgj |
Waste Sales
WasteSales
|
23830 | usd |
CY2023 | lbgj |
Waste Sales
WasteSales
|
14449 | usd |
CY2022 | lbgj |
Waste Sales
WasteSales
|
23643 | usd |
CY2024 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
98502 | usd |
CY2024 | us-gaap |
Government Assistance Nonoperating Income
GovernmentAssistanceNonoperatingIncome
|
119267 | usd |
CY2024 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
19628 | usd |
CY2023 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
29573 | usd |
CY2022 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
21227 | usd |
CY2024 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
10383 | usd |
CY2023 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
292024 | usd |
CY2022 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
17931 | usd |
CY2024 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
586428 | usd |
CY2023 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-5461 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
399452 | usd |
CY2024Q2 | lbgj |
Value Added Tax Deductions
ValueAddedTaxDeductions
|
499883 | cny |
CY2024Q2 | lbgj |
Value Added Tax Deductions
ValueAddedTaxDeductions
|
-70084 | usd |
CY2024Q2 | us-gaap |
Government Assistance Award Amount
GovernmentAssistanceAwardAmount
|
350800 | cny |
CY2024Q2 | us-gaap |
Government Assistance Award Amount
GovernmentAssistanceAwardAmount
|
49183 | usd |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
274678 | usd | |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
|
0.25 | pure |
CY2025Q4 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
0.15 | pure |
CY2024 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1561607 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
866731 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1438221 | usd |
CY2024 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
1834 | usd |
CY2023 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
475841 | usd |
CY2022 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
807648 | usd |
CY2024 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-189554 | usd |
CY2023 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-223230 | usd |
CY2022 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-214530 | usd |
CY2024 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-187720 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
252611 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
593118 | usd |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | pure |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
-0.069 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.182 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.094 | pure |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
-0.01 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
-0.313 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.046 | pure |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
-0.019 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.062 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.01 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.107 | pure |
CY2024 | lbgj |
Effective Income Tax Rate Net Loss Carryforward
EffectiveIncomeTaxRateNetLossCarryforward
|
-0.018 | pure |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
-0.013 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.003 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.012 | pure |
CY2024 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.121 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.291 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.412 | pure |
CY2022Q4 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.15 | pure |
us-gaap |
Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
|
4.6 | usd | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
|
0.107 | pure |
CY2024Q2 | lbgj |
Deferred Tax Assets Allowance For Expected Credit Losses
DeferredTaxAssetsAllowanceForExpectedCreditLosses
|
533345 | usd |
CY2023Q2 | lbgj |
Deferred Tax Assets Allowance For Expected Credit Losses
DeferredTaxAssetsAllowanceForExpectedCreditLosses
|
338928 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
94662 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
533345 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
433591 | usd |
CY2022 | us-gaap |
Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
|
508000 | cny |
CY2022 | us-gaap |
Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
|
-73000 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
684000 | cny |
CY2024Q2 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
95000 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
|
1460000 | usd |
CY2024Q2 | lbgj |
Value Added Tax Payable
ValueAddedTaxPayable
|
1014959 | usd |
CY2023Q2 | lbgj |
Value Added Tax Payable
ValueAddedTaxPayable
|
1055946 | usd |
CY2024Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
2168507 | usd |
CY2023Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
2185651 | usd |
CY2024Q2 | lbgj |
Dividend Withholding Tax Payable
DividendWithholdingTaxPayable
|
88521 | usd |
CY2023Q2 | lbgj |
Dividend Withholding Tax Payable
DividendWithholdingTaxPayable
|
87308 | usd |
CY2024Q2 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
1240 | usd |
CY2023Q2 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
589 | usd |
CY2024Q2 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
3273227 | usd |
CY2023Q2 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
3329494 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
1655031 | usd |
CY2024Q2 | lbgj |
Concentration Risk Percentage
ConcentrationRiskPercentage
|
0.107 | pure |
CY2023Q2 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
1827320 | usd |
CY2023Q2 | lbgj |
Concentration Risk Percentage
ConcentrationRiskPercentage
|
0.122 | pure |
CY2022Q2 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
30000 | usd |
CY2024 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
32584 | usd |
CY2024 | us-gaap |
Payments For Rent
PaymentsForRent
|
50323 | usd |
CY2023 | us-gaap |
Payments For Rent
PaymentsForRent
|
50885 | usd |
CY2022 | us-gaap |
Payments For Rent
PaymentsForRent
|
17415 | usd |
CY2024 | lbgj |
Percentage Of Consolidated Net Assets
PercentageOfConsolidatedNetAssets
|
0.25 | pure |
CY2024 | dei |
Document Accounting Standard
DocumentAccountingStandard
|
U.S. GAAP | |
CY2023Q2 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
usd | |
CY2024Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023 | lbgj |
Appropriation To Statutory Reserves
AppropriationToStatutoryReserves
|
usd | |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
usd | |
CY2024 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
usd | |
CY2022 | us-gaap |
Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
|
usd | |
CY2024 | us-gaap |
Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
|
usd | |
CY2023 | us-gaap |
Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
|
usd | |
CY2024 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
usd | |
CY2022 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
usd | |
CY2024 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
usd | |
CY2023 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
usd | |
CY2022Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
usd | |
CY2024Q2 | us-gaap |
Cash
Cash
|
154000 | usd |
CY2024 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
usd | |
CY2023 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
usd | |
CY2023 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
usd | |
CY2022 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
usd | |
CY2023 | us-gaap |
Government Assistance Nonoperating Income
GovernmentAssistanceNonoperatingIncome
|
usd | |
CY2022 | us-gaap |
Government Assistance Nonoperating Income
GovernmentAssistanceNonoperatingIncome
|
usd | |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
pure | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
pure | |
CY2023 | lbgj |
Effective Income Tax Rate Net Loss Carryforward
EffectiveIncomeTaxRateNetLossCarryforward
|
pure | |
CY2022 | lbgj |
Effective Income Tax Rate Net Loss Carryforward
EffectiveIncomeTaxRateNetLossCarryforward
|
pure | |
CY2024Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
usd | |
CY2024 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2024 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2024 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
000000 | |
CY2024 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001896425 |