Here are the 10-K annual reports from Jingbo Technology Inc (SVMB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow SVMB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SVMB filings page.
Jingbo Technology, Inc. (SVMB), a Nevada holding company, reports 2026 results for its China-based smart parking business, which operates through wholly owned WFOEs and contractual variable interest entities rather than direct equity ownership. This VIE structure concentrates operations and assets in mainland China and depends on contracts that have not been tested in Chinese courts.
For the year ended February 28, 2026, combined net revenues were $1,542,867 with a net loss of $6,706,122, following a $6,016,408 loss in 2025. Total assets were $7,776,342 against liabilities of $39,057,898, producing a stockholders’ deficit of $31,281,556. As of July 20, 2026, 555,315,412 common shares were outstanding, and non-affiliate equity was valued at $1,033,970,872 based on a $374 share price.
The company highlights extensive legal and regulatory risks from operating in mainland China, including cybersecurity, data security, and CSRC overseas-listing rules, as well as potential trading prohibitions under the Holding Foreign Companies Accountable Act if PCAOB access is again restricted. Cash movements between the U.S. parent, PRC subsidiaries, and VIEs are subject to PRC foreign-exchange, profit-distribution and capital-control rules, and no dividends have ever been paid; earnings are expected to be retained.