LUBOA GROUP, INC. (LBAO) financial statements (2021 and earlier)

Company profile

Business Address 2360 CORPORATE CIRCLE STE 400
HENDERSON, NV 89074-7722
State of Incorp. NV
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
5/31/2019
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments213359172275593 
Cash and cash equivalents213359172275593 
Receivables61595964112163 
Inventory, net of allowances, customer advances and progress billings4455   
Inventory4455   
Prepaid expense     10 
Other undisclosed current assets172167159163169  
Total current assets:258263282403557766 
Noncurrent Assets
Operating lease, right-of-use asset425162728393 
Property, plant and equipment116122127142149168 
Total noncurrent assets:158173189214232261 
TOTAL ASSETS:4164374716187891,026 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:      21
Other undisclosed accounts payable and accrued liabilities      21
Debt   384140 
Due to related parties1,1151,0721,0701,0897227618
Other undisclosed current liabilities324297254228544560 
Total current liabilities:1,4401,3691,3241,3551,3061,36029
Noncurrent Liabilities
Long-term debt and lease obligation 1122344253 
Operating lease, liability 1122344253 
Other undisclosed noncurrent liabilities (11)(22)    
Total noncurrent liabilities: 1122344253 
Total liabilities:1,4401,3801,3461,3891,3481,41329
Stockholders' equity
Stockholders' equity attributable to parent, including:(1,024)(943)(876)(771)(559)(387)(29)
Common stock11211211211211211212
Additional paid in capital1,6731,6731,6731,6731,6731,673190
Accumulated other comprehensive income1552544072  
Accumulated deficit(2,824)(2,780)(2,714)(2,596)(2,416)(2,224)(230)
Other undisclosed stockholders' equity attributable to parent     53 
Total stockholders' equity:(1,024)(943)(876)(771)(559)(387)(29)
TOTAL LIABILITIES AND EQUITY:4164374716187891,026 

Income statement (P&L) ($ in thousands)

9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
5/31/2019
Q3
Revenues 721100 
Other income  2 00 
Cost of revenue (1)(0)    
Other undisclosed gross profit  (1)(2)   
Gross profit: 60800 
Operating expenses(47)(71)120(190)(192)(584)(15)
Other undisclosed operating loss  (241)    
Operating loss:(47)(65)(120)(182)(192)(583)(15)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
3(0)     
Loss from continuing operations before equity method investments, income taxes:(44)(65)(120)(182)(192)(583)(15)
Other undisclosed income (loss) from continuing operations before income taxes236 2(2,854)383  
Net income (loss):192(65)(118)(3,036)192(583)(15)
Other undisclosed net income (loss) attributable to parent(236)  2,856(383)  
Net loss available to common stockholders, diluted:(44)(65)(118)(180)(192)(583)(15)

Comprehensive Income ($ in thousands)

9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
5/31/2019
Q3
Net income (loss):192(65)(118)(3,036)192(583)(15)
Other comprehensive income  14    
Comprehensive income (loss):192(65)(105)(3,036)192(583)(15)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(273)(16) 2,824(364)(13) 
Comprehensive loss, net of tax, attributable to parent:(81)(81)(105)(212)(172)(597)(15)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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