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LBGJ · NASDAQ · Industrial - Machinery

Li Bang International (LBGJ)

Builds and installs customized commercial kitchens for Chinese institutions and hotels.

$3.08
Pre-market−0.03 (−1.10%)
At close$3.12(−1.11%)
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Li Bang International Corporation Inc. Ordinary SharesLBGJIndustrials

Builds customized stainless-steel commercial kitchens in China, earning most revenue from bidding-based integrated projects that combine equipment, installation, and warranty support. A Cayman Islands parent oversees PRC operating subsidiaries, while super-voting shares concentrate control with the CEO and spouse.

Designs, manufactures, installs, and maintains customized stainless-steel commercial kitchens under the Li Bang brand. Integrated project contracts combine layouts, equipment configuration, manufacturing or procurement, installation, testing, training, and warranty support; individual equipment sales provide a smaller retail stream. Customers include state-owned enterprises, schools, hotels, and hospitals, with projects commonly secured through public and private bidding.

Operates through Chinese subsidiaries, with production centered in Jiangyin and after-sales coverage including Nanjing, Suzhou, Shanghai, and Yangzhou. Sales-driven production coordinates design drawings, steel, and externally sourced components to meet delivery dates. The Cayman Islands parent depends on PRC operations and subsidiary distributions, while dual-class shares give the CEO and spouse majority voting control.

Company facts

CEOHuang Feng
ListedOct 23, 2024
ExchangeNASDAQ
HeadquartersJiangyin, China
CountryChina
Employees134
CIK0001896425
ISINKYG5480M1289

Market cap$2.9K
EPS (ttm)−$502.10
P/E (ttm)−0.0062
ROE-2.1%
P/B0.0001
P/S0.0002
Dividend yieldDiv yield
Beta0.82vs XLI 0.99

No analyst consensus on record.

Not reported.

Debt to equity32.10%
Current ratio115.40%

ProfitabilityRevenueNet incomeNet margin

Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Revenue$6.0M$8.1M$5.9M$3.7M$7.1M$4.7M$6.4M$6.3M
Net income$100.2K$825.7K−$208.9K−$1.5M$90.6K−$1.1M$111.5K−$581.9K
Net margin1.7%10.2%0.0%0.0%1.3%0.0%1.7%0.0%

GrowthOperating income

Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Operating income$236.3K$1.2M$85.3K−$1.6M−$115.8K−$1.2M−$173.9K−$814.7K
YoY growth−86.5%+6.2%−63.9%−235.8%−235.7%

Balance sheet, Dec 31, 2025Cash & short-term investments $3.4M · Total debt $11.9M · Total assets $60.8M · Shareholders' equity $37.2M

Revenue
$6.3M
Operating income
−$814.7K
Net income
−$581.9K
View details

No dividends on record.

Institutions3 holders · as of Mar 31, 202621.93%206 ADS
Otherremainder78.07%731 ADS

937 ADS as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count is from the company's Jun 2025 annual report; nothing newer is on file here.

The share count has not been confirmed by a second filing; stakes use it as it stands.

Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Jane Street Group, LLCInstitution
14.34%26,865 ADS13Fas of Mar 31, 2026
HRT Financial LPInstitution
6.53%12,239 ADS13Fas of Mar 31, 2026
L1 Global Manager PTY LtdInstitution
1.07%2,000 ADS13Fas of Mar 31, 2026
Feng Huang1Insiderdirector, officer: Chief Executive Officer
Form 4filed Aug 19, 2026
Funa Li1Insiderdirector
Form 4filed Aug 19, 2026
  1. This position is filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 17, 2026Feng Huangdirector, officer: Chief Executive Officer+73,147$3.40
Aug 17, 2026Funa Lidirector+15,088$3.40
Jul 28, 2026HRT Financial LP10 percent owner−1,086,186$0.0280
Jul 24, 2026HRT Financial LP10 percent owner−391,577$0.0290
Jul 27, 2026HRT Financial LP10 percent owner+1,068,671$0.0260
View details

  • Middleby

    Commercial-kitchen rival with China operations and institutional-hotel reach.

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ComparePre-market

CompanyPriceChange
Li Bang International$3.08−1.10%$2.9K0.0
Middleby$111.64−0.76%$5.08B15.01.4−10.5%
Illinois Tool Works$270.27+0.43%$77.42B24.422.84.7+6.1%
Median24.418.93.1−2.2%