Jingbo Technology, Inc. (SVMB)
Jingbo Technology Inc. functions as a global technology enterprise. Its core business revolves around a comprehensive ecosystem of smart parking application software and integrated platform solutions. The parent organization, Hangzhou Zhuyi Technology Co., Ltd., is a China-based holding company. This entity was founded on November 3, 2017, and specializes in the advancement and creation of smart parking software and associated technological innovations.
Sector: Services-Prepackaged Software
Industry: Software - Application
Jingbo Technology, Inc.
OTC:SVMBTechnology · Software - Application
+6.83%$2.66
Mkt Cap-
Float2.76M
O/S-
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.54M
Net Income-$6.66M
Total Assets$7.78M
Free Cash Flow-$2.14M
Debt & Equity
Total Debt$147K
Total Equity-$31.28M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:200Reverse splitFeb 9, 2024200 shares → 1
Balance Sheet Details
Assets$7.78M
Liabilities$39.06M
Accounts Receivable-$2.6M
Accounts Payable$484K
Inventory$150K
PP&E (Net)$4.05M
Goodwill$0
Intangible Assets$7K
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 |
| Revenue | $1.54M | $2.14M | $1.58M | $3.72M | $3.56M | $10K | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | -28.0% | 35.2% | -57.5% | 4.5% | 35535.3% | - | - | - | - | - | - |
| Cost of Revenue | $1.64M | $2.54M | $2.12M | $4.13M | $4.57M | $3K | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$99K | -$396K | -$538K | -$409K | -$1.01M | $7K | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | -6.4% | -18.5% | -34.0% | -11.0% | -28.3% | 70.0% | - | - | - | - | - |
| Research and Development | $270K | $359K | $334K | $397K | $724K | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $2.63M | $3.75M | $4.18M | $4.94M | $4.4M | $48K | $0 | $0 | $201K | $20K | $21K |
| Other | $38K | $0 | $0 | $947K | $814K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $2.94M | $4.11M | $4.52M | $6.28M | $5.94M | $48K | $0 | $0 | $201K | $20K | $21K |
| Operating Income (EBIT) | -$3.04M | -$4.51M | -$5.06M | -$6.69M | -$6.95M | -$41K | $0 | $0 | -$201K | -$20K | -$21K |
| Operating Margin | -196.9% | -210.5% | -319.3% | -179.7% | -195.0% | -414.8% | - | - | - | - | - |
| Interest Expense | $64K | $92K | $26K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $230 | $803 | $0 | $440 | $3K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$3.66M | -$1.5M | -$426K | -$93K | $53K | $0 | $0 | $0 | -$4 | $894 | $408 |
| Income Before Tax (EBT) | -$6.69M | -$6.01M | -$5.48M | -$6.78M | -$6.89M | -$41K | $0 | $0 | -$201K | -$20K | -$20K |
| Income Tax Expense | $12K | $7K | $0 | $223 | $0 | $0 | $0 | $0 | -$161K | -$894 | -$408 |
| Net Income | -$6.66M | -$5.99M | -$5.3M | -$6.4M | -$6.63M | -$41K | $0 | $0 | -$201K | -$20K | -$20K |
| Net Income Margin | -431.8% | -279.8% | -334.4% | -171.8% | -186.0% | -414.8% | - | - | - | - | - |
| Supplementary Data | |||||||||||
| EPS | -0.01 | -0.05 | -1.06 | -6.10 | -0.14 | -0.13 | 0.00 | 0.00 | -0.65 | -0.08 | -0.09 |
| Diluted EPS | -0.01 | -0.05 | -1.06 | -6.10 | -0.14 | -0.13 | 0.00 | 0.00 | -0.65 | -0.08 | -0.09 |
| Weighted Average OS | 555.32M | 128.88M | 5.01M | 1.05M | 309,500 | 309,500 | 309,500 | 309,500 | 309,500 | 237,500 | 237,500 |
| EBITDA | -$2.73M | -$4.99M | -$4.1M | -$4.21M | -$3.96M | -$41K | $0 | $0 | -$201K | -$21K | -$21K |
| EBITDA Margin | -176.6% | -233.2% | -259.0% | -113.1% | -111.2% | -414.8% | - | - | - | - | - |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $84K | $115K | $615K | $484K | $107 | $815 | $0 | $0 | $371 | $12K | $8K |
| Short-Term Investments | $0 | $1.02M | $345K | $730K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $84K | $115K | $615K | $484K | $107 | $815 | $0 | $0 | $371 | $12K | $8K |
| Accounts Receivable | -$2.6M | $3.17M | $2.31M | $768K | $2.54M | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $150K | $119K | $204K | $177K | $79K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $4.57M | $3.68M | $1.13M | $167K | -$7K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $2.21M | $7.09M | $4.26M | $3.12M | $35 | $815 | $0 | $0 | $371 | $12K | $8K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $4.05M | $5.1M | $6.09M | $6.86M | $7.9M | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $7K | $9K | $14K | $16K | $13K | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $500 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $66K | $31K | $2.51M | $2.88M | $4K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $5.56M | $5.14M | $8.61M | $9.76M | $11K | $0 | $0 | $0 | $0 | $500 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | -$11.47M | $0 | $0 | $0 | $0 | -$500 | $0 |
| Total Assets | $7.78M | $12.22M | $12.87M | $12.88M | $35 | $815 | $0 | $0 | $371 | $12K | $8K |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $484K | $630K | $643K | $775K | $12K | $12K | $0 | $0 | $500 | $10K | $0 |
| Short-Term Debt | $73K | $5M | $2.17M | $471K | $507K | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $75K | $68K | $61K | $19K | $19K | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $3.6M | $61K | $692K | $95K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $11.34M | $4.13M | $25.7M | $1.62M | -$2K | $30K | $0 | $0 | $0 | $4K | $4K |
| Total Current Liabilities | $11.97M | $13.67M | $28.64M | $3.9M | $8 | $42K | $0 | $0 | $500 | $14K | $4K |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $74K | $21.5M | $2.92M | $32.86M | $33.51M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $27.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $0 | $0 |
| Total Long-Term Liabilities | $27.09M | $21.56M | $2.93M | $32.86M | $34K | $0 | $0 | $0 | $2K | $10K | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | -$33.51M | $0 | $0 | $0 | $0 | -$10K | $0 |
| Total Liabilities | $39.06M | $35.23M | $31.57M | $36.76M | $8K | $42K | $0 | $0 | $3K | $14K | $4K |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $1.02M | $987K | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $555K | $555K | $5K | $1.06M | $62K | $62K | $62K | $62K | $48K | $48K | $375K |
| Retained Earnings | -$42M | -$35.33M | -$29.31M | -$32.75M | -$218K | -$176K | -$176K | -$176K | -$43K | -$24K | -$3K |
| Comprehensive Income & Other | $701K | $2.26M | $2.11M | $344K | -$987K | $176K | $176K | $176K | $0 | $0 | $0 |
| Other Stockholders' Equity | $10.16M | $11.94M | $11.64M | $8.82M | $114K | $0 | $0 | $0 | -$6K | -$26K | -$368K |
| Total Equity | -$31.28M | -$22.83M | -$17.67M | -$22.87M | -$41K | -$114K | -$114K | -$114K | -$2K | -$2K | $4K |
| Minority Interest | -$214K | -$174K | -$1.04M | -$1.02M | -$627K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $7.78M | $12.4M | $13.9M | $13.89M | -$33K | -$72K | -$114K | -$114K | $371 | $12K | $8K |
| Supplementary Data | |||||||||||
| Total Debt | $147K | $26.56M | $5.1M | $33.33M | $34.66M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $63K | $26.44M | $4.95M | $32.85M | $35K | -$815 | $0 | $0 | -$371 | -$12K | -$8K |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 |
| Operating Activities | |||||||||
| Net Income | -$6.66M | -$5.99M | -$5.3M | -$6.78M | -$41K | -$41K | -$201K | -$20K | -$20K |
| Depreciation & Amortization | $494K | $923K | $955K | $1.56M | $2.18M | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $133K | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | $317K | -$235K | $95K | -$972K | -$233K | $0 | $0 | $0 | $0 |
| Inventory | -$66K | -$243K | -$487K | -$110K | -$22K | $0 | $0 | $0 | $0 |
| Accounts Payable | -$459K | $4.32M | $1.5M | $1.07M | $12K | $12K | $68K | -$9K | $0 |
| Other Working Capital | $647K | -$1.03M | $1.52M | $4.42M | $255K | $0 | $0 | -$9K | $10K |
| Total Working Capital Change | $439K | $2.81M | $2.63M | $4.4M | $12K | $12K | $68K | -$9K | $10K |
| Other Non-Cash Items | $3.59M | $935K | -$125K | $922K | -$19.25M | $0 | $0 | $0 | $0 |
| Net Cash from Operating | -$2.14M | -$1.33M | -$1.83M | $102K | -$17.09M | -$29K | -$371 | -$29K | -$10K |
| Investing Activities | |||||||||
| Capital Expenditures | -$172K | $0 | -$55K | -$4.46M | -$2.84M | $0 | $0 | $0 | $0 |
| Acquisitions | $691 | $0 | $731 | $2.85M | $938K | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | -$20K | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | -$938K | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $777K | $3K | $0 | $3.03M | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$172K | $777K | -$52K | -$1.61M | $168K | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||
| Debt Repaid | -$2.32M | -$512K | -$245K | -$3.42M | -$10.17M | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $7.02M | $0 | $0 | $500 | $15K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | -$1.51M | -$95K | $30K | $0 | $20K | $104 |
| Net Cash from Financing | $2.32M | $512K | $1.71M | $1.91M | $16.9M | $30K | $0 | $17K | $15K |
| Forex Effect | $6K | $2K | -$4K | -$15K | -$5K | $0 | $0 | $0 | $0 |
| Net Change in Cash | $21K | -$34K | -$183K | $385K | -$27K | $815 | -$371 | -$12K | $5K |
| Supplementary Data | |||||||||
| Operating Cash Flow | -$2.14M | -$1.33M | -$1.83M | $102K | -$17.09M | -$29K | -$371 | -$29K | -$10K |
| Capital Expenditure | -$134K | -$155K | -$55K | -$4.46M | -$2.84M | -$3 | $0 | $0 | $0 |
| Free Cash Flow | -$2.14M | -$1.48M | -$1.89M | -$4.36M | -$19.93M | -$29K | -$371 | -$29K | -$10K |
| Cash at Beginning | $115K | $149K | $331K | $109K | $136K | $0 | $371 | $12K | $8K |
| Cash at End | $136K | $115K | $149K | $494K | $109K | $815 | $0 | $371 | $12K |