NASDAQ : JLHL
Julong Holding Limited — Financial statements
Industrials · Building Products & Equipment · China
Last price 5.71 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 122.47M
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Financial statements
Julong Holding Limited (JLHL) reported revenue of 274.13M CNY (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | 274.13M | 252.01M | 173.65M | 119.08M | 66.54M |
| Cost of Revenue | 230.87M | 211.48M | 147.09M | 100.23M | 56.43M |
| Gross Profit | 43.26M | 40.52M | 26.56M | 18.86M | 10.12M |
| Selling, General & Admin | 8.49M | 6.49M | 6.13M | 5.09M | 5.02M |
| Operating Expenses | 12.51M | 9.66M | 6.55M | 5.63M | 4.77M |
| Operating Income | 30.75M | 30.87M | 20.01M | 13.23M | 5.35M |
| Interest Expense | -249.64K | -101.73K | -9.67K | -195.01K | |
| Interest & Investment Income | 15.63K | ||||
| Other Non Operating Income (Expenses) | 332.10K | 7.70K | 99.91K | ||
| Pretax Income | 30.83M | 30.77M | 20.13M | 13.22M | 5.15M |
| Income Tax Expense | 4.59M | 4.62M | 3.05M | 2.00M | 776.19K |
| Net Income | 26.24M | 26.15M | 17.08M | 11.22M | 4.38M |
| Net Income to Common | 26.24M | 26.15M | 17.08M | 11.22M | 4.38M |
| Shares Outstanding (Basic) | 21.11M | 20.39M | 20.01M | 20.01M | 20.00M |
| Shares Outstanding (Diluted) | 21.11M | 20.39M | 20.01M | 20.01M | 20.00M |
| EPS (Basic) | 1.24 | 1.28 | 0.85 | 0.56 | 0.22 |
| EPS (Diluted) | 1.24 | 1.28 | 0.85 | 0.56 | 0.22 |
| Free Cash Flow | -9.43M | 259.96K | 69.19M | -13.73M | 10.00M |
| Free Cash Flow Per Share | -0.45 | 0.01 | 3.46 | -0.69 | 0.50 |
| Gross Margin | 15.78% | 16.08% | 15.29% | 15.84% | 15.20% |
| Operating Margin | 11.22% | 12.25% | 11.52% | 11.11% | 8.04% |
| Profit Margin | 9.57% | 10.38% | 9.83% | 9.43% | 6.58% |
| Free Cash Flow Margin | -3.44% | 0.10% | 39.84% | -11.53% | 15.03% |
| EBITDA | 30.77M | 30.88M | 20.03M | 13.34M | 5.45M |
| EBITDA Margin | 11.22% | 12.25% | 11.54% | 11.20% | 8.19% |
| D&A For EBITDA | 17.95K | 14.23K | 23.82K | 111.76K | 102.14K |
| EBIT | 30.75M | 30.87M | 20.01M | 13.23M | 5.35M |
| EBIT Margin | 11.22% | 12.25% | 11.52% | 11.11% | 8.04% |
| Effective Tax Rate | 14.88% | 15.02% | 15.15% | 15.10% | 15.06% |
Balance sheet
Fiscal year October - September; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 43.22M | 62.25M | 20.62M | 25.05M | 13.33M |
| Cash & Short-Term Investments | 43.22M | 62.25M | 20.62M | 25.05M | 13.33M |
| Accounts Receivable | 314.63M | 262.74M | 140.28M | 138.10M | 58.83M |
| Other Receivables | 24.23M | 801.73K | 247.55K | 873.83K | 20.50M |
| Receivables | 338.86M | 263.54M | 140.53M | 138.97M | 79.33M |
| Inventory | 3.70M | 1.60M | 260.03K | 2.56M | 1.26M |
| Prepaid Expenses | 508.29K | 365.95K | 961.82K | 1.20M | 549.89K |
| Restricted Cash | 600.00 | 600.00 | 154.07K | 568.25K | 1.01M |
| Other Current Assets | 4.93M | 10.14K | 9.39K | ||
| Total Current Assets | 386.29M | 327.76M | 167.46M | 168.36M | 95.49M |
| Property, Plant & Equipment | 390.88K | 363.52K | 224.52K | 420.06K | 608.01K |
| Long-Term Accounts Receivable | 11.00M | 10.96M | 4.82M | 3.14M | 852.28K |
| Long-Term Deferred Tax Assets | 1.24M | 1.04M | 572.19K | 509.30K | 556.99K |
| Total Assets | 398.92M | 340.12M | 173.08M | 172.42M | 97.51M |
| Accounts Payable | 19.21M | 27.04M | 41.21M | 16.50M | 7.96M |
| Accrued Expenses | 271.63M | 217.73M | 105.42M | 71.26M | 46.15M |
| Short-Term Debt | 10.00M | 10.00M | 10.00M | 10.00M | |
| Current Portion of Leases | 100.54K | 99.06K | 95.00K | 176.56K | 184.94K |
| Current Income Taxes Payable | 12.40M | 10.31M | 5.28M | 2.13M | 29.10K |
| Current Unearned Revenue | 1.69M | 844.76K | 255.74K | 9.78M | 7.69M |
| Other Current Liabilities | 3.41M | 4.12M | 3.45M | 3.07M | 2.05M |
| Total Current Liabilities | 318.44M | 270.15M | 155.70M | 112.92M | 74.07M |
| Long-Term Leases | 114.25K | 164.90K | 101.96K | 268.77K | |
| Total Liabilities | 318.56M | 270.31M | 155.70M | 113.03M | 74.33M |
| Common Stock | 15.27K | 15.27K | 14.04K | 14.60K | 14.59K |
| Additional Paid-In Capital | 26.28M | 26.28M | 52.00M | 27.00M | |
| Retained Earnings | 55.19M | 43.53M | 17.38M | 7.40M | -3.83M |
| Comprehensive Income & Other | -1.12M | -14.34K | -14.04K | -14.60K | -14.59K |
| Shareholders' Equity | 80.36M | 69.81M | 17.38M | 59.40M | 23.17M |
| Total Liabilities & Equity | 398.92M | 340.12M | 173.08M | 172.42M | 97.51M |
| Total Debt | 10.21M | 10.26M | 95.00K | 10.28M | 10.45M |
| Net Cash (Debt) | 33.00M | 51.98M | 20.52M | 14.77M | 2.87M |
| Net Cash Per Share | 1.56 | 2.55 | 1.03 | 0.74 | 0.14 |
| Filing Date Shares Outstanding | 21.45M | 21.45M | 20.01M | 20.00M | 20.00M |
| Total Common Shares Outstanding | 21.45M | 21.45M | 20.01M | 20.00M | 20.00M |
| Working Capital | 67.85M | 57.61M | 11.75M | 55.43M | 21.43M |
| Book Value Per Share | 3.75 | 3.25 | 0.87 | 2.97 | 1.16 |
| Tangible Book Value | 80.36M | 69.81M | 17.38M | 59.40M | 23.17M |
| Tangible Book Value Per Share | 3.75 | 3.25 | 0.87 | 2.97 | 1.16 |
| Machinery | 467.60K | 467.60K | 467.60K | 455.80K | 2.50M |
| Order Backlog | 48.87M |
Cash flow statement
Fiscal year October - September; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | 26.24M | 26.15M | 17.08M | 11.22M | 4.38M |
| Depreciation & Amortization | 134.59K | 174.95K | 207.34K | 286.96K | 325.89K |
| Provision & Write-off of Bad Debts | 10.36M | 3.16M | 400.60K | 431.34K | -359.16K |
| Change in Accounts Receivable | -160.53M | -127.28M | -18.91M | -58.86M | -5.55M |
| Change in Accounts Payable | -9.48M | -6.22M | 10.34M | 8.46M | -786.10K |
| Change in Unearned Revenue | -645.07K | 589.02K | -9.52M | 2.09M | -5.47M |
| Change in Income Taxes | 5.25M | 5.04M | 3.14M | 2.11M | -40.28K |
| Change in Other Net Operating Assets | 119.95M | 99.12M | 66.52M | 20.59M | 16.72M |
| Operating Cash Flow | -9.34M | 259.96K | 69.20M | -13.63M | 10.00M |
| Capital Expenditures | -89.11K | -11.80K | -99.01K | ||
| Cash Acquisitions | -59.10M | ||||
| Investing Cash Flow | -89.11K | -59.11M | -99.01K | ||
| Short-Term Debt Issued | 32.10M | 10.00M | 10.00M | ||
| Total Debt Issued | 32.10M | 32.10M | 10.00M | 10.00M | |
| Short-Term Debt Repaid | -22.10M | -10.00M | -10.00M | -10.00M | |
| Total Debt Repaid | -32.10M | -22.10M | -10.00M | -10.00M | -10.00M |
| Net Debt Issued (Repaid) | 10.00M | -10.00M | |||
| Issuance of Common Stock | 35.52M | 35.52M | 25.00M | ||
| Other Financing Activities | -3.14M | -4.31M | -4.93M | ||
| Financing Cash Flow | 32.38M | 41.22M | -14.93M | 25.00M | |
| Foreign Exchange Rate Adjustments | -1.11M | -91.00 | |||
| Net Cash Flow | 21.85M | 41.48M | -4.84M | 11.27M | 10.00M |
| Free Cash Flow | -9.43M | 259.96K | 69.19M | -13.73M | 10.00M |
| Free Cash Flow Margin | -3.44% | 0.10% | 39.84% | -11.53% | 15.03% |
| Free Cash Flow Per Share | -0.45 | 0.01 | 3.46 | -0.69 | 0.50 |
| Levered Free Cash Flow | -3.06M | 5.17M | 62.03M | -13.83M | |
| Unlevered Free Cash Flow | -2.91M | 5.23M | 62.03M | -13.82M | |
| Cash Interest Paid | 255.07K | 108.99K | 9.00K | 93.69K | |
| Cash Income Tax Paid | -76.75K | -57.74K | 49.92K | ||
| Change in Working Capital | -46.08M | -29.22M | 51.52M | -25.57M | 5.65M |
Ratios
Fiscal year October - September; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 126.76M | 100.81M | |||
| Enterprise Value | 121.98M | 99.26M | |||
| Last Close Price | 5.71 | 4.70 | |||
| PE Ratio | 32.78 | 27.44 | |||
| PS Ratio | 3.08 | 2.85 | |||
| PB Ratio | 10.51 | 10.28 | |||
| P/TBV Ratio | 10.51 | 10.28 | |||
| P/FCF Ratio | 2,760.73 | ||||
| P/OCF Ratio | 2,760.73 | ||||
| EV/Sales Ratio | 2.96 | 2.80 | |||
| EV/EBITDA Ratio | 26.38 | 22.88 | |||
| EV/EBIT Ratio | 26.40 | 22.89 | |||
| EV/FCF Ratio | 2,718.18 | ||||
| Debt / Equity Ratio | 0.13 | 0.15 | 0.01 | 0.17 | 0.45 |
| Debt / EBITDA Ratio | 0.33 | 0.33 | 0.00 | 0.75 | 1.83 |
| Debt / FCF Ratio | 39.48 | 0.00 | 1.04 | ||
| Net Debt / Equity Ratio | -0.41 | -0.74 | -1.18 | -0.25 | -0.12 |
| Net Debt / EBITDA Ratio | -1.07 | -1.68 | -1.02 | -1.11 | -0.53 |
| Net Debt / FCF Ratio | 3.50 | -199.97 | -0.30 | 1.08 | -0.29 |
| Asset Turnover | 0.92 | 0.98 | 1.00 | 0.88 | |
| Inventory Turnover | 95.93 | 227.29 | 104.30 | 52.43 | |
| Quick Ratio | 1.20 | 1.21 | 1.03 | 1.45 | 1.25 |
| Current Ratio | 1.21 | 1.21 | 1.07 | 1.49 | 1.29 |
| Return on Equity (ROE) | 48.02% | 59.99% | 44.48% | 27.18% | |
| Return on Assets (ROA) | 6.42% | 7.52% | 7.24% | 6.13% | |
| Return on Invested Capital (ROIC) | 55.27% | 147.14% | 34.60% | 22.38% | |
| Return on Capital Employed (ROCE) | 38.20% | 44.10% | 115.20% | 22.20% | 22.80% |
| Earnings Yield | 3.05% | 3.64% | |||
| FCF Yield | -1.16% | 0.04% | |||
| Buyback Yield / Dilution | -5.44% | -1.88% | -0.05% |