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JL

J-Long Group Limited

JL

J-Long Group Limited • NASDAQ
$5.87 ▲ 6.78% (+0.37)
Market Cap $22.08 M
52w High $13.41
52w Low $0.27
Dividend Yield 0.19%
P/E 7.34
Volume 3.48K
Outstanding Shares 3.76M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $36.639M ▲ $8.488M ▲ $2.298M ▲ 6.271% ▼ $0.736 ▲ $3.154M ▲
Q2-2025 $2.436M ▼ $371.065K ▼ $295.62K ▲ 12.134% ▲ $0.094 ▲ $363.415K ▲
Q4-2024 $13.807M ▲ $3.54M ▲ $-635.814K ▼ -4.605% ▼ $-0.003 ▼ $-54.928K ▼
Q2-2024 $1.861M ▼ $312.678K ▼ $181.25K ▼ 9.741% ▼ $0.006 ▼ $269.784K ▼
Q4-2023 $15.908M $449.83K $3.266M 20.528% $0.109 $2.519M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $10.671M ▲ $23.454M ▲ $8.41M ▲ $14.639M ▲
Q2-2025 $992.436K ▼ $2.578M ▼ $971.132K ▼ $1.607M ▼
Q4-2024 $4.164M ▲ $16.894M ▲ $6.721M ▲ $10.173M ▲
Q2-2024 $103.708K ▼ $2.65M ▼ $1.02M ▼ $1.63M ▼
Q4-2023 $6.203M $20.606M $9.258M $11.348M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $391.83K $-750.049K $8.5 $350.986K $0 ▲ $-849.399K
Q2-2024 $391.83K ▼ $-750.049K ▼ $8.5 ▼ $350.986K ▲ $-798.109K ▼ $-849.399K ▼
Q4-2023 $424.567K $124.913K $131.501K $-345.894K $-180.926K $121.726K
Q2-2023 $424.567K ▲ $124.913K ▼ $131.501K ▲ $-345.894K ▼ $-180.926K ▼ $121.726K ▼
Q4-2022 $287.986K $378.825K $-5.36K $-154.835K $430.935K $373.465K

Five-Year Company Overview

Income Statement

Income Statement JL is operating at a very small scale, but its sales have started to grow from almost nothing in earlier years to a more meaningful level recently. Gross profit has appeared alongside that growth, which suggests the company can earn a reasonable spread between what it pays for materials and what it charges customers. However, the overall income statement is still very light, with earnings hovering close to break-even and a very short track record as a listed company. This means profitability trends are still unproven and could swing quickly with changes in demand, pricing, or costs.

Balance Sheet

Balance Sheet The balance sheet is lean and simple. JL holds a modest amount of assets, with a noticeable portion in cash and no reported financial debt. Equity is small but positive, which is typical for a relatively young public company that is just starting to scale. The lack of debt reduces financial pressure, but the small asset base also means there is not a big cushion if conditions worsen. Overall, the company looks conservatively financed but still financially lightweight.

Cash Flow

Cash Flow Cash flow has only recently turned positive, with operating cash starting to come in and free cash flow improving, helped by minimal spending on new equipment or facilities so far. This is encouraging but also fragile: cash generation is being built on a very small revenue base. With little investment yet visible in the cash flow, future periods might show more volatility if the company steps up spending on growth, technology, or capacity.

Competitive Edge

Competitive Edge JL’s strength lies less in its current financial size and more in its niche and relationships. It has decades of operating history, strong ties with major global apparel brands, and a long-standing distribution relationship with a leading reflective-material producer. Over time, it has shifted from a simple distributor to a full solutions provider, supporting clients from design concepts through to production and quality control. Its manufacturing presence in lower-cost regions and its reputation for quality and sustainability further reinforce its position. On the risk side, JL operates in a cyclical, highly competitive apparel market and appears somewhat dependent on key partners and major customers, which can concentrate risk.

Innovation and R&D

Innovation and R&D Innovation is a clear focal point for JL. The company has developed its own branded reflective and decorative trim lines, building on advanced material science and specialized production techniques such as raised printing, molding, and welding. It is also leaning heavily into sustainability, experimenting with bio-based inks, recycled and biodegradable materials, and ways to reuse production waste. Following its recent listing, JL has earmarked resources to deepen research and development, especially around circular and eco-friendly products. The payoff from this innovation push will depend on how quickly apparel brands adopt these new materials and how effectively JL converts its ideas into scalable, high-margin product lines.

Summary

JL is a newly public, small-scale apparel trim specialist with a long operating history but a very short and limited financial record as a listed company. Financially, it is light but clean: modest assets, some cash, no debt, and early signs of positive cash flow, yet with earnings and scale still unproven. Strategically, its value lies in deep customer and supplier relationships, a role as an end-to-end solutions partner, and a clear tilt toward technology-driven and sustainable trim solutions. The company’s future will hinge on its ability to scale revenue, maintain quality and relationships, and turn its sustainability and innovation efforts into durable, profitable growth, all in the context of a cyclical and competitive global apparel industry where visibility and predictability are still limited.