Landbay Inc

Landbay Inc is a U.S.-incorporated company with its principal executive office in Hangzhou, China, that reports revenue from selling network equipment and providing online data marketing services. The company appears to operate a small, contract-based business with limited scale, relying on customer agreements and related-party support to fund operations.

10,0 %

−9,4 %

+5 820,8 %

0.53

0.53

— Landbay Inc
%
Network equipment70% Hardware and related equipment sold to customers on a point-in-time delivery basis.
Online data marketing services30% Periodic fixed-fee marketing services recognized over time as services are delivered.

Landbay sells to customers that need network equipment and outsourced online data marketing support...

  • Network equipment customersprimary

    Buy hardware delivered at a point in time, likely for communications or infrastructure use.

  • Online marketing service clientssecondary

    Purchase recurring data marketing services recognized over the service period.

  • Contract-based commercial customersprimary

    Enter service agreements that drive revenue recognition and working-capital needs.

Landbay is incorporated in New York but its principal executive office is in Hangzhou, China, indicating a cross-border...

  • •Incorporated in New York State
  • •Principal executive office in Hangzhou, China
  • •Financial statements presented in U.S. dollars
  • •No country-level revenue split disclosed in the excerpts

The company’s near-term focus appears to be stabilizing operations, improving profitability, and securing working...

01
Preserve liquidity through shareholder supportshort-term

The company disclosed going-concern uncertainty and limited cash resources.

02
Improve revenue quality and recognition controlsshort-term

Revenue recognition was identified as a critical audit matter and requires judgment.

03
Increase operating efficiencymedium-term

Management explicitly cited eliminating inefficiencies to meet cash needs.

Landbay faces elevated going-concern and liquidity risk because cash is limited and the company depends on shareholder...

critical

Going-concern and liquidity shortfall

Management disclosed substantial doubt and reliance on future funding to meet obligations.

Scope
Cash, operating expenses, and capital expenditures
Materiality
high
high

Related-party financing dependence

Shareholder loans and forgiveness are material sources of support, creating funding uncertainty.

Scope
Balance sheet and cash flow stability
Materiality
high
high

Revenue recognition judgment

The company recognizes equipment revenue at delivery and services over time, requiring cut-off and performance assessment.

Scope
Reported revenue and gross profit
Materiality
high
medium

Operational concentration in China

The principal executive office is in Hangzhou, so operations may be exposed to cross-border and local execution risks.

Scope
Supply chain, staffing, and customer servicing
Materiality
medium
Revenue recognition under ASC 606
Affects revenue timing, gross profit, and quarterly comparability
Related-party loans and forgiveness
Affects liabilities, cash flow, and equity
Going-concern assessment
Affects asset recoverability and disclosure risk
Estimates and impairment
Can change reported earnings and balance sheet values

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: 28/04/2026