Home / Going-concern warnings / Jingbo Technology, Inc.

5/5Jingbo Technology, Inc. (SVMB): Going-concern doubt

Filed 2025-06-12 路 Form 10-K 路 Accession 0001641172-25-014855 mid

Market data

Price before filing: $9.05 (2025-06-11 close, split/dividend-adjusted)
Market cap at flag: $5.03B (2025-06-12) 路 Latest: $1.19B (2026-10-15)

What happened next

WindowSVMBSPYvs SPY
30 days-43.5%+4.2%-47.7%2025-07-14
90 days-43.5%+8.8%-52.3%2025-09-10
180 days-75.1%+14.2%-89.4%2025-12-09

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"As discussed in Note 3 to the consolidated financial statements, the Company had incurred substantial losses during the years and negative working capital, which raises substantial doubt about its ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Going-concern opinion issued by: GGF CPA LTD
Source: independent auditor report in Form 10-K (period 2025-02-28)

Why this score: in auditor's report

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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