Li Bang International Corporation Inc. Ordinary Shares
- Open
- 3.13
- Day high
- 3.25
- Day low
- 3.08
- Prev close
- 3.24
- Volume
- 158K
- Mkt cap
- $51887
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 0.0
- P/S
- 0.0
- Yield
- —
- Per share
- —
- ▼Insiders net selling -$14K over the last 3 months (1 open-market buy, 2 sales)
- 🏛Institutions accumulating (13F)
Li Bang International Corporation Inc. Ordinary Shares (LBGJ) is a Industrials company listed on NASDAQ. The stock is down 100% over the past year. Over the trailing 3 months, insiders filed 1 open-market buy and 2 sales (SEC Form 4).
Li Bang International Corporation Inc. Ordinary Shares (LBGJ) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
LBGJ insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 30, 2026 | HRT FINANCIAL LP10 percent owner | Sell | 1,086,186 | $0.03 |
| Jul 28, 2026 | HRT FINANCIAL LP10 percent owner | Sell | 391,577 | $0.03 |
| Jul 28, 2026 | HRT FINANCIAL LP10 percent owner | Buy | 1,068,671 | $0.03 |
Source: LBGJ SEC Form 4 filings, latest Jul 30, 2026. For informational purposes only — not investment advice.
See the full LBGJ insider & 13F page →Li Bang International Corporation Inc. Ordinary Shares company profile
Overview
Li Bang International Corporation Inc. (NASDAQ:LBGJ) is a Chinese manufacturer of commercial kitchen equipment founded in 1992 and headquartered in Jiangyin, China. The company operates as a subsidiary of Maple Huang Holdings Limited and has been designing, developing, producing, and selling stainless-steel commercial kitchen equipment under the Li Bang brand for over three decades. Li Bang serves the Chinese market with a comprehensive range of professional kitchen solutions for restaurants, hotels, and other commercial food service establishments.
Business
Li Bang International operates in the commercial kitchen equipment manufacturing industry, which serves the broader food service sector in China. The company specializes in producing stainless-steel equipment essential for professional kitchens across restaurants, hotels, catering facilities, and other commercial food establishments. The company's product portfolio encompasses several key categories under the Li Bang brand. Kitchen equipment forms the core of their offering, including essential items like commercial-grade stoves, ovens, refrigeration units, and ventilation systems that form the backbone of professional kitchen operations. Cooking machinery represents specialized equipment designed for high-volume food preparation, such as industrial mixers, fryers, and grills that can handle the demanding requirements of commercial food service. Food machinery includes processing equipment for food preparation, cutting, and handling that helps commercial kitchens operate efficiently at scale. The company also provides hotel supplies, which are specialized equipment and fixtures designed specifically for hotel kitchen operations, and kitchen accessories, which include smaller but essential items like utensils, storage solutions, and maintenance equipment. The commercial kitchen equipment industry in China has grown alongside the country's expanding food service sector, driven by urbanization, rising disposable incomes, and the growth of restaurant chains and hotel development. Professional kitchen equipment must meet stringent hygiene standards, durability requirements, and efficiency demands that differ significantly from residential kitchen appliances, requiring specialized manufacturing expertise and materials like stainless steel that can withstand heavy commercial use.
Competitive moat
Li Bang International appears to operate in a highly competitive market with limited sustainable competitive advantages. The commercial kitchen equipment industry typically has low barriers to entry for basic products, and the company's financial performance suggests it lacks significant pricing power or market dominance. The company's potential competitive advantages are modest. Brand recognition within China may provide some customer loyalty, particularly given their 30+ year operating history and established Li Bang brand name in the domestic market. Local market knowledge and relationships could offer advantages over international competitors in understanding Chinese customer preferences, regulatory requirements, and distribution channels. Cost advantages from domestic manufacturing may help compete on price against imported equipment, though this advantage diminishes as other manufacturers also establish Chinese operations. However, the company faces significant competitive threats. Large international manufacturers like Rational, Electrolux Professional, or other global brands possess superior technology, broader product ranges, and stronger financial resources. Domestic Chinese competitors with greater scale can achieve better purchasing power for raw materials and more efficient production. Technology disruption in commercial kitchen equipment, such as smart kitchen solutions or energy-efficient designs, could render traditional equipment obsolete if Li Bang cannot keep pace with innovation. The company's volatile financial performance and weak balance sheet suggest it lacks the resources to invest heavily in research and development or marketing to strengthen its competitive position. The overall assessment indicates Li Bang operates in a commoditized market segment with weak moats and faces substantial competitive pressure from both international and domestic players with superior resources and scale.
Risks & safety
Li Bang International presents significant financial risks with a very narrow margin of safety. The company exhibits multiple red flags that suggest potential solvency concerns. • Liquidity crisis: Current ratio of 0.92 indicates current liabilities exceed current assets by approximately $1.3 million, creating immediate working capital pressures • Minimal cash reserves: Only $154,000 in cash and short-term investments against $17 million in current liabilities represents extremely tight liquidity • High leverage: Debt-to-equity ratio of 2.49 indicates the company is heavily leveraged with total liabilities of $20.8 million against just $4.3 million in equity • Negative cash generation: Operating cash flow of -$475,000 and free cash flow of -$475,000 in the most recent quarter indicates the business is consuming rather than generating cash • Profitability volatility: Net income swung from +$617,000 in FY2022 to -$1.4 million in FY2023, showing inconsistent earnings power • Expensive valuation metrics: Price-to-book ratio of 17.6x appears excessive given the financial distress and negative Graham net-net value of -56% • Small market capitalization: At approximately $30 million market cap, the company has limited access to capital markets for potential refinancing needs
Recent development
Due to the absence of earnings call transcripts, detailed information about Li Bang's recent strategic initiatives and product developments is limited. However, the financial data reveals several concerning trends over the past few years that suggest the company has faced significant operational challenges. The most notable development has been a dramatic deterioration in financial performance between fiscal 2022 and 2023. After achieving profitability in 2022 with net income of $617,000 and positive EBITDA of $1.7 million, the company experienced a sharp reversal in 2023, posting a net loss of $1.4 million and negative EBITDA of $668,000. This swing of nearly $2 million in net income suggests either significant operational challenges, market deterioration, or one-time charges that impacted performance. Revenue performance has also shown volatility, declining from $14.0 million in fiscal 2022 to $10.8 million in fiscal 2023, representing a 23% decrease that indicates either market share losses or broader industry challenges. The company's cash position has deteriorated significantly, falling from $478,000 in late 2022 to just $154,000 by mid-2024, while simultaneously experiencing negative operating cash flows. The balance sheet has shown increasing leverage, with the debt-to-equity ratio rising from 1.79 in 2022 to 2.49 in 2023, suggesting the company may have taken on additional debt to fund operations or manage working capital pressures. Without management commentary from earnings calls, it's unclear whether these challenges stem from competitive pressures, supply chain issues, customer concentration problems, or broader economic factors affecting China's food service industry.
LBGJ company profile · for informational purposes only — not investment advice.
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