ZJK Industrial Co., Ltd.
ZJK · Bolts, Nuts, Screws, Rivets & Washers · EDGAR filings ↗
Grade
B78Profitable, fast-growing precision-fastener maker for EV/electronics with strong margins and minimal leverage.
Strengths
- Revenue +48% (88th pct), gross margin 43.7%, operating margin 16.9% (80th pct)
- Net income $10.2M (nearly tripled YoY); interest coverage 399 (99th pct) and low debt
- Expanding capacity (Vietnam, planned U.S. JV) with patent-backed automation
Risks
- Heavy related-party sales (~36% of revenue) and related-party receivables
- China/HFCAA and PRC governance exposure; modest cash ($20M, 28th pct)
- Rising working-capital intensity (inventory/AR up sharply)
Key metrics
Gross margin
43.7%
Operating margin
16.9%
Net margin
18.1%
Return on equity
23.4%
Return on assets
12.8%
Revenue growth (QoQ)
48.4%
Net-income growth
177.2%
Interest coverage
398.8×
Current ratio
1.9×
Tangible book value
$43M
Cash & investments
$20M
Stock comp / revenue
3.4%
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-29 | 2025-12-31 | 0001731122-26-000625 ↗ |
| 20-F | 2025-04-28 | 2024-12-31 | 0001731122-25-000613 ↗ |