JL J-Long Group Ltd

Overview and Growth

J-Long Group Ltd generated $39.08M of revenue in fiscal 2025, with net income of $2.59M and an operating cash inflow of $7.23M. The $39.08M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 37.7% above fiscal 2024 revenue of $28.38M, marking a year-over-year increase. On a per-share basis, diluted EPS was $0.80, which connects the reported earnings outcome with the company’s diluted share count. Against diluted EPS of $0.26 in fiscal 2024, the current result was 207.7% higher. Asset turnover was 1.67x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $11.26M as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 28.8% of revenue, quantifying the portion retained before operating expenses were recognized. The reported operating result was $2.40M, capturing profitability after direct costs and the operating expenses reflected in the statements. Operating margin measured 6.1%, showing the portion of revenue preserved after the full set of operating costs. The bottom-line result was net income of $2.59M, after the operating, financing, tax, and other items recognized for the period. Measured against reported revenue, net income produced a 6.6% margin after operating costs and the remaining recognized items. The earnings statement records $3.17M of pretax income, the profit base against which the reported tax provision can be assessed. Measured against revenue, pretax income equaled 8.1%, adding a pre-tax profitability layer between revenue and net income. The reported income-tax provision was $657.57K, the amount recognized between pretax income and the final net-income result. The income-tax provision equaled 20.7% of pretax income, showing the tax burden absorbed by the year’s earnings. The relationship between net income and period-end equity was 17.2%, indicating the profitability achieved on book capital. Net income represented 11.1% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

At period end, the $23.45M asset base was financed through $8.41M of liabilities and $15.04M of equity. The near-term balance sheet paired $18.98M of current assets with $7.09M of current liabilities at the reporting date. At 2.68x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Cash and equivalents totaled $10.67M, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 150.5% of current liabilities, showing how much near-term coverage came from cash alone. Relative to total assets, liabilities measured 35.9%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 45.5% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 38.8% from $16.89M in fiscal 2024, leaving current total assets higher year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $7.23M, a reported cash inflow that can be compared directly with net income and capital spending. Against net income, operating cash flow measured 2.79x, showing the relationship between accrual earnings and operating cash. Capital spending was $1.02M, absorbing part of the cash generated from operations before free cash flow. Capital spending absorbed 14.1% of operating cash flow, quantifying the share of cash from operations directed to investment. Free cash flow came to $6.20M, leaving a positive amount after capital expenditures. Free cash flow represented 15.9% of revenue, linking post-investment cash generation with the company’s operating scale. Free cash flow equaled 26.5% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Mar 31, 2025. Analysis generated Nov 4, 2026.