J-Long Group Ltd
JL · Retail-Apparel & Accessory Stores · EDGAR filings ↗
Grade
B76Profitable Hong Kong garment-trims distributor and 3M Scotchlite converter with strong returns and growth.
Strengths
- ROA 11.1% (90th pct), revenue growth +37.7% (85th pct), net income growth +231% (91.5th pct)
- Net margin 6.6% (64th pct), OCF margin 18.5% (72nd pct), current ratio 2.68 — clean balance sheet
Risks
- Customer concentration with no long-term sales agreements; reliance on 3M distributorship
- Small-cap with prior Nasdaq minimum-bid deficiency; HK/Vietnam and China-related governance exposure
Key metrics
Gross margin
28.8%
Operating margin
6.1%
Net margin
6.6%
Return on assets
11.1%
Revenue growth (QoQ)
37.7%
Net-income growth
230.9%
Current ratio
2.7×
Free cash flow
$6M
Cash & investments
$11M
Stock comp / revenue
1.7%
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2025-07-28 | 2025-03-31 | 0001213900-25-068049 ↗ |
| 20-F | 2024-07-31 | 2024-03-31 | 0001013762-24-003327 ↗ |