NASDAQ : ZJK
ZJK Industrial Co., Ltd. — Financial statements
Industrials · Specialty Industrial Machinery · China
Last price 1.5 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 96.48M
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Financial statements
ZJK Industrial Co., Ltd. (ZJK) reported revenue of 65.15M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 65.15M | 56.10M | 37.81M | 29.06M | 24.79M | 17.50M |
| Cost of Revenue | 38.67M | 31.60M | 24.24M | 18.03M | 15.78M | 12.18M |
| Gross Profit | 26.47M | 24.50M | 13.57M | 11.02M | 9.01M | 5.32M |
| Selling, General & Admin | 16.03M | 13.92M | 11.42M | 4.28M | 2.34M | 2.19M |
| Research & Development | 1.18M | 1.11M | 548.12K | 455.40K | 487.54K | 534.06K |
| Operating Expenses | 17.21M | 15.03M | 11.97M | 4.74M | 2.83M | 2.73M |
| Operating Income | 9.26M | 9.47M | 1.60M | 6.28M | 6.18M | 2.59M |
| Interest Expense | -17.44K | -23.73K | -15.09K | -109.00K | -124.10K | -55.84K |
| Interest & Investment Income | 365.29K | 348.33K | 113.74K | 18.24K | 17.52K | 20.60K |
| Earnings From Equity Investments | 3.45M | 3.41M | 2.62M | 2.34M | 1.96M | 748.35K |
| Currency Exchange Gain (Loss) | -480.92K | 68.01K | 97.51K | 12.43K | 18.31K | -27.01K |
| Other Non Operating Income (Expenses) | 500.19K | 555.44K | 474.35K | 434.03K | 246.95K | 199.96K |
| EBT Excluding Unusual Items | 13.08M | 13.83M | 4.89M | 8.97M | 8.30M | 3.48M |
| Gain (Loss) on Sale of Assets | -4.04K | -4.04K | 34.88K | 78.00 | 95.25K | |
| Pretax Income | 13.08M | 13.82M | 4.93M | 8.97M | 8.39M | 3.48M |
| Income Tax Expense | 3.53M | 3.67M | 1.26M | 1.28M | 1.11M | 484.58K |
| Earnings From Continuing Operations | 9.55M | 10.15M | 3.66M | 7.69M | 7.28M | 2.99M |
| Minority Interest in Earnings | 25.61K | 31.23K | 19.89K | 1.25K | 4.01K | 458.00 |
| Net Income | 9.58M | 10.19M | 3.68M | 7.69M | 7.28M | 2.99M |
| Net Income to Common | 9.58M | 10.19M | 3.68M | 7.69M | 7.28M | 2.99M |
| Shares Outstanding (Basic) | 63.89M | 62.50M | 60.34M | 60.00M | 60.00M | 60.00M |
| Shares Outstanding (Diluted) | 64.01M | 62.62M | 60.34M | 60.00M | 60.00M | 60.00M |
| EPS (Basic) | 0.15 | 0.16 | 0.06 | 0.13 | 0.12 | 0.05 |
| EPS (Diluted) | 0.14 | 0.16 | 0.06 | 0.13 | 0.12 | 0.05 |
| Free Cash Flow | 1.71M | 988.25K | 2.87M | 3.75M | -359.98K | -962.62K |
| Free Cash Flow Per Share | 0.03 | 0.02 | 0.05 | 0.06 | -0.01 | -0.02 |
| Gross Margin | 40.64% | 43.67% | 35.88% | 37.93% | 36.35% | 30.40% |
| Operating Margin | 14.22% | 16.88% | 4.23% | 21.62% | 24.93% | 14.81% |
| Profit Margin | 14.70% | 18.15% | 9.74% | 26.47% | 29.38% | 17.11% |
| Free Cash Flow Margin | 2.63% | 1.76% | 7.59% | 12.90% | -1.45% | -5.50% |
| EBITDA | 10.45M | 10.30M | 2.46M | 7.07M | 6.60M | 2.86M |
| EBITDA Margin | 16.05% | 18.35% | 6.52% | 24.33% | 26.62% | 16.35% |
| D&A For EBITDA | 1.19M | 826.72K | 864.45K | 786.22K | 419.31K | 268.14K |
| EBIT | 9.26M | 9.47M | 1.60M | 6.28M | 6.18M | 2.59M |
| EBIT Margin | 14.22% | 16.88% | 4.23% | 21.62% | 24.93% | 14.81% |
| Effective Tax Rate | 26.96% | 26.54% | 25.67% | 14.31% | 13.26% | 13.93% |
| Revenue as Reported | 65.15M | 56.10M | 37.81M | 29.06M | 24.79M | 17.50M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 16.54M | 14.35M | 12.26M | 2.83M | 1.10M | 1.00M |
| Short-Term Investments | 2.25M | 2.26M | 2.65M | 111.73K | 59.84K | 61.80K |
| Cash & Short-Term Investments | 18.79M | 16.61M | 14.91M | 2.94M | 1.16M | 1.07M |
| Accounts Receivable | 24.14M | 27.20M | 19.45M | 19.08M | 16.93M | 13.66M |
| Receivables | 25.91M | 27.21M | 19.52M | 19.29M | 16.93M | 13.99M |
| Inventory | 14.25M | 12.14M | 7.32M | 4.77M | 4.85M | 1.92M |
| Prepaid Expenses | 241.71K | 113.09K | 104.76K | 19.15K | 47.13K | 13.25K |
| Restricted Cash | 4.48M | 2.04M | 797.24K | 1.08M | 411.84K | 459.02K |
| Other Current Assets | 2.26M | 1.41M | 856.18K | 1.02M | 179.36K | 367.44K |
| Total Current Assets | 65.93M | 59.53M | 43.50M | 29.10M | 23.58M | 17.82M |
| Property, Plant & Equipment | 16.41M | 15.85M | 7.95M | 6.50M | 5.97M | 5.31M |
| Long-Term Investments | 1.79M | 3.71M | 2.75M | 2.52M | 2.11M | 756.05K |
| Other Intangible Assets | 144.36K | 97.43K | 33.01K | |||
| Long-Term Deferred Tax Assets | 95.93K | 165.97K | 244.79K | 297.78K | ||
| Long-Term Deferred Charges | 203.31K | 50.22K | ||||
| Other Long-Term Assets | 630.67K | 347.57K | 1.15M | |||
| Total Assets | 85.00M | 79.53M | 55.37M | 38.28M | 32.10M | 24.24M |
| Accounts Payable | 19.15M | 22.04M | 16.90M | 11.57M | 11.49M | 9.94M |
| Accrued Expenses | 5.89M | 5.65M | 3.69M | 2.19M | 1.47M | 1.73M |
| Short-Term Debt | 267.37K | 251.69K | 1.36M | 403.39K | 879.59K | 995.15K |
| Current Portion of Long-Term Debt | 9.38K | 224.52K | 232.56K | |||
| Current Portion of Leases | 726.19K | 726.15K | 423.21K | 388.44K | 358.82K | 257.69K |
| Current Income Taxes Payable | 3.91M | 3.43M | 1.60M | 1.04M | 966.52K | 251.13K |
| Other Current Liabilities | 150.91K | 98.88K | 311.66K | |||
| Total Current Liabilities | 30.09M | 32.10M | 23.98M | 15.75M | 15.50M | 13.72M |
| Long-Term Debt | 20.32K | 1.61M | 1.94M | |||
| Long-Term Leases | 2.59M | 2.88M | 755.39K | 290.68K | 142.57K | 390.60K |
| Long-Term Deferred Tax Liabilities | 658.97K | 957.61K | 572.83K | 518.16K | 387.49K | 237.65K |
| Total Liabilities | 33.34M | 35.93M | 25.31M | 16.58M | 17.63M | 16.29M |
| Common Stock | 1.07K | 1.06K | 1.02K | 1.00K | 1.00K | 1.00K |
| Additional Paid-In Capital | 10.37M | 8.98M | 7.06M | 1.79M | 1.79M | 1.79M |
| Retained Earnings | 40.04M | 34.80M | 24.61M | 20.93M | 13.24M | 5.95M |
| Comprehensive Income & Other | 1.00M | -304.87K | -1.64M | -1.02M | -556.54K | 201.54K |
| Total Common Equity | 51.42M | 43.47M | 30.04M | 21.70M | 14.47M | 7.95M |
| Minority Interest | 235.55K | 125.20K | 31.11K | -1.83K | -603.00 | 3.60K |
| Shareholders' Equity | 51.65M | 43.59M | 30.07M | 21.70M | 14.47M | 7.95M |
| Total Liabilities & Equity | 85.00M | 79.53M | 55.37M | 38.28M | 32.10M | 24.24M |
| Total Debt | 3.59M | 3.85M | 2.54M | 1.11M | 3.21M | 3.81M |
| Net Cash (Debt) | 15.21M | 12.76M | 12.37M | 1.83M | -2.05M | -2.75M |
| Net Cash Per Share | 0.24 | 0.20 | 0.20 | 0.03 | -0.03 | -0.05 |
| Filing Date Shares Outstanding | 64.32M | 64.32M | 61.38M | 60.00M | 60.00M | 60.00M |
| Total Common Shares Outstanding | 64.32M | 63.82M | 61.38M | 60.00M | 60.00M | 60.00M |
| Working Capital | 35.84M | 27.43M | 19.52M | 13.35M | 8.08M | 4.10M |
| Book Value Per Share | 0.80 | 0.68 | 0.49 | 0.36 | 0.24 | 0.13 |
| Tangible Book Value | 51.27M | 43.37M | 30.00M | 21.70M | 14.47M | 7.95M |
| Tangible Book Value Per Share | 0.80 | 0.68 | 0.49 | 0.36 | 0.24 | 0.13 |
| Buildings | 3.54M | 3.44M | 3.21M | 3.21M | 3.37M | |
| Machinery | 12.73M | 11.41M | 6.09M | 4.69M | 4.23M | 3.29M |
| Construction In Progress | 22.82K | 131.80K | 41.20K | 22.86K | 3.08M | |
| Leasehold Improvements | 1.26M | 910.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 9.58M | 10.19M | 3.68M | 7.69M | 7.28M | 2.99M |
| Depreciation & Amortization | 1.89M | 1.38M | 1.21M | 1.07M | 655.36K | 287.06K |
| Loss (Gain) From Sale of Assets | 4.89K | 4.04K | -34.88K | -78.00 | -95.25K | |
| Asset Writedown & Restructuring Costs | 1.00M | 1.00M | ||||
| Loss (Gain) on Equity Investments | -3.45M | -3.41M | -2.62M | -2.34M | -1.96M | -748.35K |
| Stock-Based Compensation | 2.64M | 1.92M | ||||
| Provision & Write-off of Bad Debts | 116.10K | 116.04K | 15.39K | 17.07K | 37.00 | 625.00 |
| Other Operating Activities | 701.61K | 1.36M | 1.21M | 599.59K | 534.28K | 252.79K |
| Change in Accounts Receivable | -3.44M | -6.85M | -912.72K | -2.66M | -4.40M | -4.93M |
| Change in Inventory | -5.36M | -5.44M | -3.72M | -427.29K | -3.65M | -1.66M |
| Change in Accounts Payable | 2.15M | 2.10M | 3.88M | -124.13K | 2.37M | 5.49M |
| Change in Income Taxes | 1.04M | 1.72M | 602.17K | 96.37K | 750.30K | 252.59K |
| Change in Other Net Operating Assets | 399.54K | 2.48M | 2.03M | 183.12K | -682.12K | 420.39K |
| Operating Cash Flow | 7.27M | 6.56M | 5.34M | 4.12M | 814.63K | 2.36M |
| Capital Expenditures | -5.56M | -5.57M | -2.47M | -366.74K | -1.17M | -3.32M |
| Sale (Purchase) of Intangibles | -122.44K | -87.05K | -43.93K | |||
| Investment in Securities | 239.43K | 426.51K | -2.60M | |||
| Other Investing Activities | 3.18M | 2.65M | 2.31M | 1.66M | 884.87K | |
| Investing Cash Flow | -2.26M | -2.58M | -2.80M | 1.29M | -289.75K | -3.32M |
| Short-Term Debt Issued | 1.39M | 1.39M | 183.37K | 1.04M | 1.01M | |
| Long-Term Debt Issued | 383.32K | 282.10K | 49.32K | 2.30M | ||
| Total Debt Issued | 395.85K | 1.78M | 1.39M | 465.47K | 1.09M | 3.31M |
| Short-Term Debt Repaid | -2.64M | -185.45K | -851.39K | -1.17M | -1.07M | |
| Long-Term Debt Repaid | -276.75K | -344.54K | -2.19M | -117.07K | -153.46K | |
| Total Debt Repaid | -1.60M | -2.92M | -529.99K | -3.05M | -1.29M | -1.22M |
| Net Debt Issued (Repaid) | -1.20M | -1.14M | 860.19K | -2.58M | -197.35K | 2.09M |
| Issuance of Common Stock | 6.91M | |||||
| Common Dividends Paid | -145.94K | |||||
| Other Financing Activities | 243.42K | 127.25K | -1.02M | -369.44K | -160.30K | |
| Financing Cash Flow | -960.30K | -1.01M | 6.75M | -2.95M | -357.65K | 1.95M |
| Foreign Exchange Rate Adjustments | 1.04M | 369.36K | -135.03K | -76.14K | -114.87K | 21.10K |
| Net Cash Flow | 5.09M | 3.34M | 9.15M | 2.39M | 52.37K | 1.01M |
| Free Cash Flow | 1.71M | 988.25K | 2.87M | 3.75M | -359.98K | -962.62K |
| Free Cash Flow Margin | 2.63% | 1.76% | 7.59% | 12.90% | -1.45% | -5.50% |
| Free Cash Flow Per Share | 0.03 | 0.02 | 0.05 | 0.06 | -0.01 | -0.02 |
| Levered Free Cash Flow | -2.47M | -1.87M | 4.50M | 1.73M | -597.02K | |
| Unlevered Free Cash Flow | -2.45M | -1.85M | 4.51M | 1.80M | -519.45K | |
| Cash Interest Paid | 18.26K | 24.32K | 8.16K | 71.61K | 96.78K | 20.58K |
| Cash Income Tax Paid | 2.64M | 1.59M | 607.12K | 986.26K | 924.91K | 363.31K |
| Change in Working Capital | -5.21M | -5.99M | 1.88M | -2.93M | -5.61M | -424.09K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 102.92M | 127.64M | 573.91M | |||
| Enterprise Value | 87.71M | 113.23M | 566.69M | |||
| Last Close Price | 1.38 | 2.00 | 9.35 | |||
| PE Ratio | 11.37 | 12.53 | 155.84 | |||
| PS Ratio | 1.36 | 2.27 | 15.18 | |||
| PB Ratio | 1.73 | 2.93 | 19.09 | |||
| P/TBV Ratio | 1.73 | 2.94 | 19.13 | |||
| P/FCF Ratio | 51.86 | 129.16 | 199.97 | |||
| P/OCF Ratio | 12.20 | 19.46 | 107.42 | |||
| EV/Sales Ratio | 1.13 | 2.02 | 14.99 | |||
| EV/EBITDA Ratio | 7.04 | 11.00 | 229.94 | |||
| EV/EBIT Ratio | 7.94 | 11.96 | 354.17 | |||
| EV/FCF Ratio | 42.97 | 114.58 | 197.45 | |||
| Debt / Equity Ratio | 0.07 | 0.09 | 0.08 | 0.05 | 0.22 | 0.48 |
| Debt / EBITDA Ratio | 0.32 | 0.35 | 0.89 | 0.15 | 0.47 | 1.20 |
| Debt / FCF Ratio | 2.10 | 3.90 | 0.89 | 0.30 | ||
| Net Debt / Equity Ratio | -0.29 | -0.29 | -0.41 | -0.08 | 0.14 | 0.34 |
| Net Debt / EBITDA Ratio | -1.46 | -1.24 | -5.02 | -0.26 | 0.31 | 0.96 |
| Net Debt / FCF Ratio | -8.88 | -12.91 | -4.31 | -0.49 | -5.68 | -2.85 |
| Asset Turnover | 0.87 | 0.83 | 0.81 | 0.83 | 0.88 | |
| Inventory Turnover | 3.25 | 3.25 | 4.01 | 3.75 | 4.66 | |
| Quick Ratio | 1.43 | 1.36 | 1.43 | 1.40 | 1.17 | 1.07 |
| Current Ratio | 2.19 | 1.85 | 1.81 | 1.85 | 1.52 | 1.30 |
| Return on Equity (ROE) | 21.52% | 27.57% | 14.15% | 42.52% | 64.92% | |
| Return on Assets (ROA) | 7.77% | 8.77% | 2.14% | 11.16% | 13.71% | |
| Return on Invested Capital (ROIC) | 18.56% | 28.66% | 6.33% | 29.59% | 39.39% | 20.85% |
| Return on Capital Employed (ROCE) | 16.90% | 20.00% | 5.10% | 27.90% | 37.20% | 24.60% |
| Earnings Yield | 8.80% | 7.98% | 0.64% | |||
| FCF Yield | 1.93% | 0.77% | 0.50% | |||
| Payout Ratio | 4.88% | |||||
| Buyback Yield / Dilution | -4.77% | -3.79% | -0.56% |