J-Long Group Ltd
J-Long Group Ltd maintains a strong liquidity position with a current ratio of 2.68, indicating the company can cover its short-term liabilities more than two times over [doc:HA-latest]. The company's cash and equivalents of $10.67 million represent 45.5% of total assets, suggesting a conservative capital structure with limited reliance on debt. The debt-to-equity ratio of 0.11 further supports this, showing that the company is financed predominantly by equity [doc:HA-latest]. Profitability metrics indicate a healthy return on equity of 17.71% and a return on assets of 11.06%, both of which exceed the typical thresholds for the Apparel & Accessories industry. The gross profit margin of 28.2% (calculated as gross profit of $11.02 million divided by revenue of $39.08 million) is in line with industry norms, but the operating margin of 6.14% (operating income of $2.40 million divided by revenue) suggests some pressure from operating expenses [doc:HA-latest]. The company's revenue is derived from a single business segment focused on garment trims, with no disclosed geographic diversification. This concentration in a single product line and lack of geographic segmentation increases exposure to demand fluctuations in the apparel industry [doc:HA-latest]. Looking ahead, the company is projected to maintain a stable revenue trajectory, with no significant growth or contraction expected in the next fiscal year. Historical revenue data shows a consistent performance, with no sharp increases or declines in the most recent period [doc:HA-latest]. Risk factors for J-Long Group Ltd are minimal, with low liquidity and dilution risk scores. The company has no immediate filing-based liquidity or dilution flags, and the absence of long-term debt ($1.59 million) reduces refinancing risk. The dilution potential is also low, with no recent issuance or shelf registration activity reported [doc:HA-latest]. No recent events, such as earnings calls, regulatory filings, or major business announcements, have been disclosed in the available data. The company appears to be operating in a stable environment with no material changes in its business model or financial strategy [doc:HA-latest].
Business. J-Long Group Ltd is a holding company engaged in the distribution of reflective and non-reflective garment trims, including heat transfers, fabrics, woven labels, and sewing badges [doc:HA-latest].
Classification. J-Long Group Ltd is classified under the Consumer Cyclicals economic sector, Cyclical Consumer Products business sector, and Apparel & Accessories industry with a confidence level of 0.92 [doc:verified market data].
- J-Long Group Ltd maintains a strong liquidity position with a current ratio of 2.68 and a debt-to-equity ratio of 0.11.
- The company's return on equity of 17.71% and return on assets of 11.06% indicate strong profitability relative to its asset base.
- Revenue is concentrated in a single business segment, increasing exposure to demand fluctuations in the apparel industry.
- The company is projected to maintain a stable revenue trajectory with no significant growth or contraction expected in the next fiscal year.
- Risk factors are minimal, with low liquidity and dilution risk scores and no immediate filing-based flags.
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- No immediate filing-based liquidity or dilution flags were detected.