Li Bang International Corp Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Li Bang International Corp Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2022	FY2024	FY2024	FY2025
Revenue	13.5	14	10.8	11.1
Cost of revenue	8.62	8.25	8.09	7.86
Gross profit	4.86	5.76	2.71	3.25
Selling and marketing	0.65	0.65	0.83	0.74
General and administrative	2.5	2.65	2.51	2.87
Operating expenses	3.52	4.51	4.43	4.6
Operating income	1.33	1.25	-1.72	-1.36
Interest expense	0.29	0.38	0.43	0.4
Other non-operating income	0.11	-0.38	0.16	0.31
Pre-tax income	1.44	0.87	-1.56	-1.04
Income tax	0.59	0.25	-0.19	-0.03
Net income to minority interests	-0	-0	-0	-0
Net income	0.85	0.62	-1.37	-1.01
EBITDA	1.87	1.75	-1.26	-0.93
EPS, basic	0.05	0.04	-0.08	-0.06
EPS, diluted	0.05	0.04	-0.08	-0.06
Shares, basic (weighted)	17	17	17	18.2
Shares, diluted (weighted)	17	17	17	18.2

Balance sheet

	FY2022	FY2024	FY2024	FY2025
Cash and equivalents	0.17	0.54	0.23	1.08
Receivables		11.9	12.3	12.3
Inventory		1.55	1.75	1.51
Other current assets		0.41	0.28	0.6
Total current assets		15.3	15.7	19.9
Property, plant and equipment		3.09	2.79	2.63
Intangible assets		0.55	0.54	0.52
Other non-current assets		0.07	0.17	0.02
Total assets		25.4	25.1	27.8
Accounts payable		4.36	4.69	4.08
Accrued liabilities		0.07	0.07	0.07
Deferred revenue		1.03	1.03	0.93
Short-term debt			6.86	7.5
Total current liabilities		19.5	17	16.9
Long-term debt			3.81	3.07
Total liabilities		19.8	20.8	20
Total debt			3.81	3.07
Paid-in capital		2.24	2.24	6.83
Retained earnings		2.96	1.58	0.53
Other comprehensive income		-0.34	-0.26	-0.28
Shareholders' equity		5.61	4.32	7.88
Minority interests		-0.06	-0.06	-0.06
Total equity	5.35	5.55	4.25	7.81
Total liabilities and equity		25.4	25.1	27.8
Shares outstanding		17	17	18.7

Cash flow statement

	FY2022	FY2024	FY2024	FY2025
Net income	0.85	0.61	-1.37	-1.02
Depreciation and amortization	0.54	0.5	0.46	0.43
Deferred income tax	-0.21	-0.22	-0.09	-0.16
Change in receivables	-5	-5.05	-0.39	-0.74
Change in inventory	1.79	0.46	-0.18	0.23
Change in payables	0.78	1.05	0.27	-0.6
Cash from operations	-0.41	-0.63	-0.65	-0.93
Cash from investing	-1.63	-2.91	-0.09	-3.37
Dividends paid	-0.93
Cash from financing	2.12	3.94	0.42	5.14
Exchange rate effect	-0.01	-0.03	0.01	-0
Net change in cash	0.07	0.37	-0.31	0.85
Interest paid	0.29	0.38	0.43	0.4
Income taxes paid	0	0.17	0	0.05

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $2.11 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	29.2%	Gross profit / revenue.
Operating margin	-12.2%	Operating income / revenue.
EBITDA margin	-8.4%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	-9.4%	Pre-tax income / revenue.
Net margin	-9.1%	Net income / revenue.
Operating cash flow margin	-8.3%	Cash from operations / revenue.
Return on equity (ROE)	-16.6%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	-3.8%	Net income / average total assets.
Return on invested capital (ROIC)	-12.1%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
D&A / revenue	3.8%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	2.9%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-6.3%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y	20.0%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	-12.5%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y	82.5%	Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y	11.0%	Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y	7.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	2.3%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.18x	Current assets / current liabilities.
Quick ratio	0.79x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.06x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.39x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	11.0%	Total debt / total assets.
Liabilities / assets	71.9%	Total liabilities / total assets.
Net debt	$2.0M	Total debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage	-3.36x	Operating income / interest expense.
Working capital	$3.0M	Current assets - current liabilities.
Goodwill and intangibles / assets	1.9%	(Goodwill + intangible assets) / total assets.
Tangible book value	$7.4M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.42x	Revenue / average total assets.
Fixed asset turnover	4.10x	Revenue / average property, plant and equipment.
Inventory turnover	4.81x	Cost of revenue / average inventory.
Days inventory	76 days	365 x average inventory / cost of revenue.
Receivables turnover	0.90x	Revenue / average receivables.
Days sales outstanding	404 days	365 x average receivables / revenue.
Days payables	204 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	276 days	Days inventory + days sales outstanding - days payables.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$0.06	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	-$0.06	Net income per basic share, as reported (split-adjusted).
Revenue per share	$0.61	Revenue / diluted weighted shares.
Operating cash flow per share	-$0.05	Cash from operations / diluted weighted shares.
Book value per share	$0.42	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$0.39	Tangible book value / shares outstanding.
Cash per share	$0.06	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$1.3M	Share price x shares outstanding.
Enterprise value	$3.3M	Market cap + total debt - cash - short-term investments.
P/S	0.11x	Market cap / revenue.
P/B	0.16x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	0.17x	Market cap / tangible book value, when positive.
EV/Sales	0.29x	Enterprise value / revenue.
Earnings yield	-80.2%	Net income / market cap (the inverse of P/E).

What was Li Bang International Corp Inc.'s revenue in fiscal 2025?

Li Bang International Corp Inc. reported revenue of $11.1M for fiscal 2025, 2.9% higher than the year before.

Was Li Bang International Corp Inc. profitable in fiscal 2025?

No. It reported a net loss of $1.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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