Key Finding Summary: LBGJ is a micro-cap Chinese manufacturer of stainless steel commercial kitchen equipment that completed a small IPO in late 2024, has undergone multiple reverse stock splits to maintain Nasdaq listing, reports modest revenues with ongoing losses amid China's economic challenges, and exhibits extreme stock volatility with no analyst coverage.
~$1.51 USD (as of ~10:50 AM EDT on July 15, 2026; intraday +14.39% from previous close of $1.32)
Links for more information:
| Period | Return | Notes |
|---|---|---|
| YTD | -97.66% to -98% | Fact: Massive decline post-IPO and reverse splits (e.g., 1-for-100 in March 2026). |
| 1-Year | -98.9% to -99% | Fact: From post-IPO highs near $4+ (pre-split equivalents) to current levels. |
| All-Time (since Oct 2024 IPO) | -99.67% | Fact: High of ~$550 (pre-split anomaly noted in sources); low $0.75. |
Interpretation: The stock has experienced catastrophic value destruction, likely due to reverse splits diluting perception, poor fundamentals, and China economic headwinds. High trading volume spikes suggest speculative interest or news-driven moves.
Links: Yahoo Historical Data | TradingView Chart
| Metric | Value | Details |
|---|---|---|
| Revenue (TTM) | $11.11M | Fact: Down ~23% YoY in FY2024/2025 to $10.8M from $14M prior year. |
| Net Income (TTM) | -$1.01M | Fact: Net loss; prior year had $0.6M profit. Gross margin ~25% declining. |
| EPS (TTM) | -$2.19 | Fact: Negative; post-split adjusted. |
| Profit Margin | -9.13% | Fact: Negative. |
| Cash (MRQ) | $3.59M | Fact: Strengthened post-IPO (~$1.09M earlier in 2025). |
| Debt/Equity | 136.35% | Fact: High leverage. |
| Price/Sales (TTM) | 0.14 | Fact: Very low valuation multiple. |
Interpretation: Operations show modest scale in a competitive Chinese market; losses driven by economic slowdown and expansion costs. Post-IPO cash infusion helped balance sheet but dilution risks remain high.
Uncertainty: Exact fiscal year alignment (ended June 30?) and interim results vary by report; PRC accounting/auditing standards may differ from US norms.
Links: Yahoo Financials | GlobeNewswire Press Releases (Financial Results)
No traditional Wall Street analyst coverage or consensus ratings found.
Interpretation: Diversified B2B customer base in commercial/institutional kitchens, but heavily dependent on PRC economy and public sector spending.
Link: Yahoo Company Profile
Fact: Operates in Specialty Industrial Machinery (Industrials sector). Direct listed peers are scarce; mostly other small-cap or micro-cap industrial/equipment firms.
| Competitor | Ticker | Market Cap (approx.) | Notes |
|---|---|---|---|
| JE Cleantech Holdings | JCSE | ~$7M | Similar small-cap industrial focus. |
| Simpple Ltd. | SPPL | ~$32M | Tech/industrial overlap. |
| Clean Energy Technologies | CETY | ~$11M | Industrial equipment. |
| Laser Photonics | LASE | ~$58M | Specialty machinery. |
| CVD Equipment | CVV | ~$48M | Equipment manufacturer. |
Interpretation: Competition likely intense from larger unlisted Chinese kitchen equipment makers; listed peers are similarly small and volatile.
Fact: Li Bang International Corporation Inc. (through subsidiaries) designs, develops, produces, and sells stainless steel commercial kitchen equipment under the Li Bang brand in China. Products include cookers, dining vans, grease traps, kitchen waste processors, plate recycling lines, fume systems, and accessories. Also provides kitchen design, installation, and maintenance services.
Fact: Serves commercial and institutional markets primarily in China.
Company Website | Yahoo Profile
Uncertainty: Exact pre-IPO history and subsidiary details limited in public English sources; possible discrepancies in founding year (1992 vs. 2021).
Links: GlobeNewswire News Archive | Investor Relations (if available)