$LOBO
LOBO EV TECHNOLOGIES LTD Stock $lobo

$lobo Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 20-F Financial Statement

#000149315224017222 Filed on April 30, 2024

Income Statement

Concept	2023 Q4	2023	2022 Q4
Revenue	$15.47M	$15.47M	$18.30M
YoY Change	-15.43%	-15.43%	29.52%
Cost Of Revenue	$13.27M	$13.27M	$15.27M
YoY Change	-13.14%	-13.14%	36.4%
Gross Profit	$2.208M	$2.208M	$3.025M
YoY Change	-27.01%	-27.01%	3.22%
Gross Profit Margin	14.27%	14.27%	16.53%
Selling, General & Admin	$1.127M	$1.127M	$1.277M
YoY Change	-11.74%	-11.74%	99.1%
% of Gross Profit	51.02%	51.02%	42.19%
Research & Development	$262.4K	$262.4K	$227.6K
YoY Change	15.3%	15.3%	328.23%
% of Gross Profit	11.88%	11.88%	7.52%
Depreciation & Amortization	$401.4K	$722.8K	$229.5K
YoY Change	74.93%	108.18%
% of Gross Profit	18.18%	32.73%	7.59%
Operating Expenses	$1.389M	$1.389M	$1.504M
YoY Change	-7.65%	-7.65%	116.63%
Operating Profit	$819.0K	$819.0K	$1.521M
YoY Change	-46.16%	-46.16%	-31.99%
Interest Expense	-$7.510K	$7.508K	-$16.72K
YoY Change	-55.08%	-144.9%	32.28%
% of Operating Profit	-0.92%	0.92%	-1.1%
Other Income/Expense, Net	$519.8K	$512.3K	$27.95K
YoY Change	1759.68%	1732.83%	392.08%
Pretax Income	$1.331M	$1.331M	$1.533M
YoY Change	-13.13%	-13.13%	-31.27%
Income Tax	$344.9K	$344.9K	$417.3K
% Of Pretax Income	25.9%	25.9%	27.23%
Net Earnings	$969.6K	$969.6K	$1.072M
YoY Change	-9.59%	-9.59%	-34.95%
Net Earnings / Revenue	6.27%	6.27%	5.86%
Basic Earnings Per Share		$0.15
Diluted Earnings Per Share	$0.12	$0.15	$0.14
COMMON SHARES
Basic Shares Outstanding	7.780M shares	6.400M shares
Diluted Shares Outstanding		6.400M shares

Balance Sheet

Concept	2023 Q4	2023	2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$527.1K	$527.1K	$207.1K
YoY Change	154.51%	154.51%
Cash & Equivalents	$470.3K	$470.3K	$182.8K
Short-Term Investments	$56.77K	$56.77K	$24.27K
Other Short-Term Assets	$211.0K	$7.307M	$3.353M
YoY Change	-93.71%	117.93%
Inventory	$5.738M	$5.738M	$3.814M
Prepaid Expenses
Receivables	$2.533M	$2.533M	$3.056M
Other Receivables	$0.00	$0.00	$3.516M
Total Short-Term Assets	$16.10M	$16.10M	$13.95M
YoY Change	15.47%	15.47%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.081M	$1.650M	$1.549M
YoY Change	-30.22%	6.55%
Goodwill
YoY Change
Intangibles	$1.916M		$1.442M
YoY Change	32.92%
Long-Term Investments			$0.00
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$3.567M	$3.567M	$2.990M
YoY Change	19.27%	19.27%
TOTAL ASSETS
Total Short-Term Assets	$16.10M	$16.10M	$13.95M
Total Long-Term Assets	$3.567M	$3.567M	$2.990M
Total Assets	$19.67M	$19.67M	$16.94M
YoY Change	16.14%	16.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$929.8K	$929.8K	$1.795M
YoY Change	-48.21%	-48.21%
Accrued Expenses	$362.7K	$362.7K	$218.0K
YoY Change	66.38%	66.38%
Deferred Revenue	$1.555M		$159.8K
YoY Change	873.09%
Short-Term Debt		$0.00	$203.0K
YoY Change		-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$13.34M	$13.34M	$11.50M
YoY Change	16.06%	16.06%
LONG-TERM LIABILITIES
Long-Term Debt	$140.8K	$140.9K	$0.00
YoY Change
Other Long-Term Liabilities	$310.3K	$310.3K	$362.5K
YoY Change	-14.4%	-14.4%
Total Long-Term Liabilities	$140.8K	$451.1K	$362.5K
YoY Change	-61.14%	24.46%
TOTAL LIABILITIES
Total Short-Term Liabilities	$13.34M	$13.34M	$11.50M
Total Long-Term Liabilities	$140.8K	$451.1K	$362.5K
Total Liabilities	$13.79M	$14.02M	$12.07M
YoY Change	14.27%	16.13%
SHAREHOLDERS EQUITY
Retained Earnings	$2.490M		$1.620M
YoY Change	53.74%
Common Stock	$3.020M		$3.020M
YoY Change	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$5.654M	$5.654M	$4.867M
YoY Change
Total Liabilities & Shareholders Equity	$19.67M	$19.67M	$16.94M
YoY Change	16.14%	16.14%

Cashflow Statement

Concept	2023 Q4	2023	2022 Q4
OPERATING ACTIVITIES
Net Income	$969.6K	$969.6K	$1.072M
YoY Change	-9.59%	-9.59%	-34.95%
Depreciation, Depletion And Amortization	$401.4K	$722.8K	$229.5K
YoY Change	74.93%	108.18%
Cash From Operating Activities	-$1.278M	-$1.417M	-$822.1K
YoY Change	55.5%	19.88%
INVESTING ACTIVITIES
Capital Expenditures	$964.8K	$314.2K	$1.279M
YoY Change	-24.55%	-77.34%
Acquisitions
YoY Change
Other Investing Activities	$1.758M	$1.915M	$578.2K
YoY Change	204.1%	372.35%
Cash From Investing Activities	$793.6K	$614.7K	-$700.4K
YoY Change	-213.3%	-162.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	574.3K	$1.096M	1.276M
YoY Change	-54.98%	-36.49%
NET CHANGE
Cash From Operating Activities	-1.278M	-$1.417M	-822.1K
Cash From Investing Activities	793.6K	$614.7K	-700.4K
Cash From Financing Activities	574.3K	$1.096M	1.276M
Net Change In Cash	89.53K	$287.5K	-246.7K
YoY Change	-136.3%	-165.72%
FREE CASH FLOW
Cash From Operating Activities	-$1.278M	-$1.417M	-$822.1K
Capital Expenditures	$964.8K	$314.2K	$1.279M
Free Cash Flow	-$2.243M	-$1.731M	-$2.101M
YoY Change	6.78%	-32.61%

Facts In Submission

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CY2023	dei	Document Annual Report DocumentAnnualReport	true
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CY2023	dei	Document Shell Company Report DocumentShellCompanyReport	false
CY2023	dei	Entity File Number EntityFileNumber	001-41981
CY2023	dei	Entity Registrant Name EntityRegistrantName	LOBO EV TECHNOLOGIES LTD.
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	D8
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CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	No. 18-17 Zhenze Rd
CY2023	dei	Entity Address Address Line3 EntityAddressAddressLine3	Xinwu District
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Wuxi
CY2023	dei	Entity Address Country EntityAddressCountry	CN
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	214111
CY2023	dei	Security12b Title Security12bTitle	Ordinary shares, par value $0.001 per share
CY2023	dei	Trading Symbol TradingSymbol	LOBO
CY2023	dei	Security Exchange Name SecurityExchangeName	NASDAQ
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CY2021	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-6961	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1331324	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1532528	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2229886	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	344853	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	417268	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	568005	usd
CY2023	us-gaap	Profit Loss ProfitLoss	986471	usd
CY2022	us-gaap	Profit Loss ProfitLoss	1115260	usd
CY2021	us-gaap	Profit Loss ProfitLoss	1661881	usd
CY2023	us-gaap	Profit Loss ProfitLoss	986471	usd
CY2022	us-gaap	Profit Loss ProfitLoss	1115260	usd
CY2021	us-gaap	Profit Loss ProfitLoss	1661881	usd
CY2023	us-gaap	Profit Loss ProfitLoss	986471	usd
CY2022	us-gaap	Profit Loss ProfitLoss	1115260	usd
CY2021	us-gaap	Profit Loss ProfitLoss	1661881	usd
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	182890	usd
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	348963	usd
CY2021	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-61220	usd
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest	-4569	usd
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest	-10651	usd
CY2021	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest	2800	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1173930	usd
CY2022	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1474874	usd
CY2021	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1597861	usd
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.17
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.17
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.26
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.26
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	6400000	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	6400000	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	6400000	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	6400000	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	6400000	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	6400000	shares
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	352682	usd
CY2021	us-gaap	Profit Loss ProfitLoss	1661881	usd
CY2021	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent	64020	usd
CY2021	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	1036811	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3115394	usd
CY2022	us-gaap	Profit Loss ProfitLoss	1115260	usd
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent	-359614	usd
CY2022	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	1208568	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5079608	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5079608	usd
CY2023	us-gaap	Profit Loss ProfitLoss	986471	usd
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent	-187459	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5878620	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5878620	usd
CY2023	us-gaap	Profit Loss ProfitLoss	986471	usd
CY2022	us-gaap	Profit Loss ProfitLoss	1115260	usd
CY2021	us-gaap	Profit Loss ProfitLoss	1661881	usd
CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	722778	usd
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	347189	usd
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	121875	usd
CY2021	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	3168	usd
CY2023	us-gaap	Loss On Sale Of Investments LossOnSaleOfInvestments	13319	usd
CY2022	us-gaap	Gain On Sale Of Investments GainOnSaleOfInvestments	14861	usd
CY2023	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	181791	usd
CY2022	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	230305	usd
CY2021	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	111826	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-437684	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1750083	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1126425	usd
CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	2038096	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	2026214	usd
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-370970	usd
CY2023	us-gaap	Increase Decrease In Prepaid Expenses Other IncreaseDecreaseInPrepaidExpensesOther	4021436	usd
CY2022	us-gaap	Increase Decrease In Prepaid Expenses Other IncreaseDecreaseInPrepaidExpensesOther	2070066	usd
CY2021	us-gaap	Increase Decrease In Prepaid Expenses Other IncreaseDecreaseInPrepaidExpensesOther	842358	usd
CY2021	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-446830	usd
CY2023	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-816530	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	860369	usd
CY2021	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-473991	usd
CY2023	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	1409334	usd
CY2022	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-82999	usd
CY2023	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	42482	usd
CY2022	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-178113	usd
CY2021	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-118740	usd
CY2023	LOBO	Increase Decrease In Vat Payable IncreaseDecreaseInVATPayable	1222130	usd
CY2022	LOBO	Increase Decrease In Vat Payable IncreaseDecreaseInVATPayable	1220419	usd
CY2021	LOBO	Increase Decrease In Vat Payable IncreaseDecreaseInVATPayable	1756920	usd
CY2023	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	649355	usd
CY2022	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	938977	usd
CY2021	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	712439	usd
CY2023	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-120936	usd
CY2022	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-128068	usd
CY2021	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-175608	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1416618	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1181659	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1786271	usd
CY2023	us-gaap	Origination Of Notes Receivable From Related Parties OriginationOfNotesReceivableFromRelatedParties	16896831	usd
CY2022	us-gaap	Origination Of Notes Receivable From Related Parties OriginationOfNotesReceivableFromRelatedParties	19535129	usd
CY2021	us-gaap	Origination Of Notes Receivable From Related Parties OriginationOfNotesReceivableFromRelatedParties	18197697	usd
CY2023	us-gaap	Repayment Of Notes Receivable From Related Parties RepaymentOfNotesReceivableFromRelatedParties	20319617	usd
CY2022	us-gaap	Repayment Of Notes Receivable From Related Parties RepaymentOfNotesReceivableFromRelatedParties	18439556	usd
CY2021	us-gaap	Repayment Of Notes Receivable From Related Parties RepaymentOfNotesReceivableFromRelatedParties	18343712	usd
CY2021	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	23321	usd
CY2023	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	70275	usd
CY2021	us-gaap	Payments To Acquire Longterm Investments PaymentsToAcquireLongtermInvestments	1550195	usd
CY2022	us-gaap	Proceeds From Sale Of Longterm Investments ProceedsFromSaleOfLongtermInvestments	1500966	usd
CY2023	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	314197	usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	777994	usd
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	10974	usd
CY2023	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	985995	usd
CY2022	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	608806	usd
CY2021	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	1083499	usd
CY2023	us-gaap	Payment For Contingent Consideration Liability Investing Activities PaymentForContingentConsiderationLiabilityInvestingActivities	1437646	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	614673	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-981407	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2475332	usd
CY2023	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	4811327	usd
CY2022	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	519515	usd
CY2021	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	2559	usd
CY2023	LOBO	Repayments Of Interestfree Loan To Related Parties RepaymentsOfInterestfreeLoanToRelatedParties	3658828	usd
CY2022	LOBO	Repayments Of Interestfree Loan To Related Parties RepaymentsOfInterestfreeLoanToRelatedParties	2454	usd
CY2021	LOBO	Repayments Of Interestfree Loan To Related Parties RepaymentsOfInterestfreeLoanToRelatedParties	19775	usd
CY2023	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	197715	usd
CY2023	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	141225	usd
CY2021	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	217027	usd
CY2022	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1208568	usd
CY2021	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1036811	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1096009	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1725629	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1236622	usd
CY2023	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-6558	usd
CY2022	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6258	usd
CY2021	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-3573	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	287506	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-431179	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	543988	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	182829	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	614008	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	70020	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	470335	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	182829	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	614008	usd
CY2023	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-239	usd
CY2021	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-568005	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	-408	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	16715	usd
CY2021	us-gaap	Interest Paid Net InterestPaidNet	12641	usd
CY2023	LOBO	Noncash Addition Of Rightofuse Assets Nets NoncashAdditionOfRightofuseAssetsNets	273334	usd
CY2022	LOBO	Noncash Addition Of Rightofuse Assets Nets NoncashAdditionOfRightofuseAssetsNets	575581	usd
CY2021	LOBO	Noncash Addition Of Rightofuse Assets Nets NoncashAdditionOfRightofuseAssetsNets	149217	usd
CY2022	LOBO	Noncash Liabilities Incurred For Purchase Of Property And Equipment NoncashLiabilitiesIncurredForPurchaseOfPropertyAndEquipment	162411	usd
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023	us-gaap	Stock Issued During Period Shares Share Based Compensation Forfeited StockIssuedDuringPeriodSharesShareBasedCompensationForfeited	44300000	shares
CY2023Q3	us-gaap	Common Stock Dividends Shares CommonStockDividendsShares	700000	shares
CY2023Q3	us-gaap	Dividends Common Stock Stock DividendsCommonStockStock	2212000	usd
CY2023Q3	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	3.16
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	6400000	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	6400000	shares
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_841_eus-gaap--UseOfEstimates_zHlK34hbj3db" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>(b)</i></span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_866_zc70ZvEH1Lx8">Use of estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of consolidated financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period and accompanying notes, including credit loss, the useful lives of property and equipment, impairment of short-term investments, long-term investments and long-lived assets, valuation allowance for deferred tax assets and uncertain tax opinions. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023	us-gaap	Foreign Currency Translation Adjustment Description ForeignCurrencyTranslationAdjustmentDescription	Consolidated Balance Sheets amounts, with the exception of equity, on December 31, 2023 and 2022 were translated at RMB7.0999 to $1.00 and RMB6.8972 to $1.00, respectively. Equity accounts were stated at their historical rates. The average translation rates applied to Consolidated Statements of Operations and Comprehensive Income and Cash Flows for the years ended December 31, 2023 and 2022 were RMB7.0809 to $1.00 and RMB6.7290 to $1.00, respectively.
CY2023	us-gaap	Inventory Write Down InventoryWriteDown	0	usd
CY2022	us-gaap	Inventory Write Down InventoryWriteDown	0	usd
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	468781	usd
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	184856	usd
CY2023Q4	us-gaap	Long Term Investments LongTermInvestments	0	usd
CY2022Q4	us-gaap	Long Term Investments LongTermInvestments	0	usd
CY2021Q4	us-gaap	Long Term Investments LongTermInvestments	1569218	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	1555424	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	159844	usd
CY2023Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	135002	usd
CY2022Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	205963	usd
CY2023	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	262375	usd
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	227555	usd
CY2021	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	53139	usd
CY2023	us-gaap	Income Tax Examination Penalties Expense IncomeTaxExaminationPenaltiesExpense	100000
CY2023	us-gaap	Income Tax Examination Penalties Expense IncomeTaxExaminationPenaltiesExpense	14498	usd
CY2023	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segments
CY2023	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	15474918	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	18298565	usd
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	14128459	usd
CY2023	us-gaap	Cost Of Revenue CostOfRevenue	13266821	usd
CY2022	us-gaap	Cost Of Revenue CostOfRevenue	15273181	usd
CY2021	us-gaap	Cost Of Revenue CostOfRevenue	11197314	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2532551	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3056321	usd
CY2023Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3287637	usd
CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	2457121	usd
CY2023Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	2426168	usd
CY2022Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	1353371	usd
CY2023Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	23976	usd
CY2022Q4	us-gaap	Other Inventory OtherInventory	3536	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	5737781	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	3814028	usd
CY2023Q4	us-gaap	Supplies Supplies	5784530	usd
CY2022Q4	us-gaap	Supplies Supplies	2148368	usd
CY2023Q4	LOBO	Deferred Ipo Costs DeferredIpoCosts	1282570	usd
CY2022Q4	LOBO	Deferred Ipo Costs DeferredIpoCosts	797403	usd
CY2023Q4	LOBO	Advances To Employees AdvancesToEmployees	29380	usd
CY2022Q4	LOBO	Advances To Employees AdvancesToEmployees	29759	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	210998	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	377594	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	7307478	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3353124	usd
CY2023Q4	us-gaap	Value Added Tax Receivable ValueAddedTaxReceivable	54734	usd
CY2022Q4	us-gaap	Value Added Tax Receivable ValueAddedTaxReceivable	262447	usd
CY2023Q4	us-gaap	Deposits Deposits	35568	usd
CY2022Q4	us-gaap	Deposits Deposits	34014	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1979611	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1713324	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	898864	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	664518	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1080747	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1048806	usd
CY2023	us-gaap	Depreciation Depreciation	253997	usd
CY2022	us-gaap	Depreciation Depreciation	162333	usd
CY2021	us-gaap	Depreciation Depreciation	106408	usd
CY2023Q4	LOBO	Finite Lived Purchased Software Gross FiniteLivedPurchasedSoftwareGross	1097279	usd
CY2022Q4	LOBO	Finite Lived Purchased Software Gross FiniteLivedPurchasedSoftwareGross	1129526	usd
CY2023Q4	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	1475691	usd
CY2022Q4	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	506803	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	2572970	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1636329	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	656608	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	194638	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1916362	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1441691	usd
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	468781	usd
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	184856	usd
CY2021	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	15467	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	761345	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	631519	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	339205	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	38195	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	146098	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1916362	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	1555424	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	159844	usd
CY2023Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	135002	usd
CY2022Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	205963	usd
CY2023Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	1686790	usd
CY2022Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	1382570	usd
CY2023Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	685856	usd
CY2022Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	539255	usd
CY2023Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	2372646	usd
CY2022Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	1921825	usd
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0475	pure
CY2023	us-gaap	Operating Lease Payments OperatingLeasePayments	153560	usd
CY2022	us-gaap	Operating Lease Payments OperatingLeasePayments	124944	usd
CY2023	us-gaap	Operating Lease Expense OperatingLeaseExpense	206806	usd
CY2022	us-gaap	Operating Lease Expense OperatingLeaseExpense	222638	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	362720	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	218011	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	298961	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	314391	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	661681	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	532402	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	383539	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	137588	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	120958	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	59860	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	701945	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	40264	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	661681	usd
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0475	pure
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0475	pure
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P43M
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P41M
CY2022Q4	srt	Bank Loans BankLoans	202981	usd
CY2023	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	7929	usd
CY2022	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	16715	usd
CY2021	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	12641	usd
CY2022Q4	us-gaap	Other Receivables OtherReceivables	3516439	usd
CY2023	us-gaap	Proceeds From Collection Of Longterm Loans To Related Parties ProceedsFromCollectionOfLongtermLoansToRelatedParties	16896831	usd
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CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1655627	usd
CY2023	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	4811327	usd
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CY2022	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	519515	usd
CY2022	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	2454	usd
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CY2023Q4	us-gaap	Reorganization Value ReorganizationValue	301534	usd
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CY2021	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	568005	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	344853	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	417268	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	568005	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1331324	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1532528	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2229886	usd
CY2023	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.25	pure
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CY2023	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	332831	usd
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CY2021	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	557471	usd
CY2023	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	4305	usd
CY2022	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	57438.00	usd
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CY2022	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	271.00	usd
CY2023	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	7267	usd
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CY2021	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	10534	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	344853	usd
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CY2023Q4	LOBO	Withholding Tax Rate WithholdingTaxRate	0.10	pure
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
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CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5700000	shares
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	50000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
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CY2022Q4	us-gaap	Stockholders Equity Note Subscriptions Receivable StockholdersEquityNoteSubscriptionsReceivable	50000	usd
CY2022Q4	us-gaap	Stockholders Equity Note Subscriptions Receivable StockholdersEquityNoteSubscriptionsReceivable	50000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	16104913	usd
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CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	722778	usd
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CY2023	LOBO	Segment Gross Profit Margin Percentage SegmentGrossProfitMarginPercentage	0.14	pure
CY2023	us-gaap	Profit Loss ProfitLoss	986471	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	13947012	usd
CY2022Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	2990446	usd
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CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1532528	usd
CY2022	LOBO	Segment Gross Profit Margin Percentage SegmentGrossProfitMarginPercentage	0.17	pure
CY2022	us-gaap	Profit Loss ProfitLoss	1115260	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	470335	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	182829	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
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CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	6400000	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	6400000	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	6400000	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	6400000	shares
CY2023Q3	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	700000	shares
CY2023Q3	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	700000	shares
CY2023Q3	us-gaap	Dividends Common Stock Stock DividendsCommonStockStock	2212000	usd

Files In Submission

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LOBO EV TECHNOLOGIES LTD Stock $lobo

2023 Q4 Form 20-F Financial Statement

#000149315224017222 Filed on April 30, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LOBO LOBO EV TECHNOLOGIES LTD Stock $lobo

2023 Q4 Form 20-F Financial Statement

#000149315224017222 Filed on April 30, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LOBO
LOBO EV TECHNOLOGIES LTD Stock $lobo