Going concern
Filing comparison
Li Bang International Corp Inc. disclosed substantial doubt about its ability to continue as a going concern
No substantial-doubt conclusion identified → Substantial doubt about ability to continue as a going concern
See Note 2 to our consolidated financial statements beginning on page F-9 and “Item 5. Key Information –D. Risk Factors - There is substantial doubt about our ability to continue as a going concern, and our independent registered public accounting firm has included a going concern explanatory paragraph in its report on our consolidated financial statements.” In assessing our liquidity, management monitors our working capital requirements and our ability to generate sufficient cash flows to meet our operating and capital expenditure commitments. Our ability to manage our liquidity risk is…
Evidence
- Blank check
- No
- Comparable
- Yes
- Current state
- substantial_doubt
- Current state label
- Substantial doubt about ability to continue as a going concern
- Direction
- escalated
- Located in
- going-concern note
- Prior filed
- 2025-11-07
- Prior form
- 20-F
- Prior state
- none
- Prior state label
- No substantial-doubt conclusion identified
- Source
- ASC 205-40 going-concern note comparison
- Why
- Disclosure about the company's ability to continue as a going concern changed compared with its previous report.