The company has successfully expanded its total assets to $47.8M as of 2025Q4 while maintaining a conservative debt-to-equity ratio of 0.15, reflecting a reliance on internal equity growth.
| Total Current Assets | 46.04M | 167.46M | 168.36M | 95.49M |
| Cash & Short-Term Investments | 8.74M | 20.62M | 25.05M | 13.33M |
| Cash Only | 8.74M | 20.62M | 25.05M | 13.33M |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Accounts Receivable | 37.02M | 140.53M | 138.97M | 79.33M |
| Days Sales Outstanding | 386.76 | 295.38 | 425.96 | 435.13 |
| Inventory | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - |
| Other Current Assets | 0 | 5.09M | 578.39K | 1.02M |
| Total Non-Current Assets | 1.74M | 5.62M | 4.07M | 2.02M |
| Property, Plant & Equipment | 51.07K | 224.52K | 420.06K | 608.01K |
| Fixed Asset Turnover | 684.20x | 773.42x | 283.49x | 109.45x |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.54M | 0 | 0 | 0 |
| Other Non-Current Assets | 1 | 4.82M | 3.14M | 852.28K |
| Total Assets | 47.78M | 173.08M | 172.42M | 97.51M |
| Asset Turnover | 0.73x | 1.00x | 0.69x | 0.68x |
| Asset Growth % | -72.39% | 0.38% | 76.83% | - |
| Total Current Liabilities | 37.95M | 155.7M | 112.92M | 74.07M |
| Accounts Payable | 3.06M | 26.76M | 16.42M | 7.96M |
| Days Payables Outstanding | 38.12 | 66.4 | 59.79 | 51.47 |
| Short-Term Debt | 1.42M | 0 | 10M | 10M |
| Deferred Revenue (Current) | 118.67K | 255.74K | 9.78M | 7.69M |
| Other Current Liabilities | 31.84M | 1.15M | 953.72K | 671.42K |
| Current Ratio | 1.21x | 1.08x | 1.49x | 1.29x |
| Quick Ratio | 1.21x | 1.08x | 1.49x | 1.29x |
| Cash Conversion Cycle | - | - | - | - |
| Total Non-Current Liabilities | 23.16K | 0 | 101.96K | 268.77K |
| Long-Term Debt | 23.16K | 0 | 0 | 0 |
| Capital Lease Obligations | 23.16K | 0 | 101.96K | 268.77K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | -23.16K | 0 | 0 | 0 |
| Total Liabilities | 37.97M | 155.7M | 113.03M | 74.33M |
| Total Debt | 1.47M | 95K | 10.28M | 10.45M |
| Net Debt | -7.28M | -20.52M | -14.77M | -2.87M |
| Debt / Equity | 0.15x | 0.01x | 0.17x | 0.45x |
| Debt / EBITDA | 0.34x | 0.00x | 0.76x | 1.84x |
| Net Debt / EBITDA | -1.69x | -1.02x | -1.09x | -0.51x |
| Interest Coverage | 303.52x | - | 1368.21x | 27.43x |
| Total Equity | 9.81M | 17.38M | 59.4M | 23.17M |
| Equity Growth % | -43.55% | -70.75% | 156.31% | - |
| Book Value per Share | 0.48 | - | - | - |
| Total Shareholders' Equity | 9.81M | 17.38M | 59.4M | 23.17M |
| Common Stock | 2.14K | 14.04K | 14.6K | 14.59K |
| Retained Earnings | 5.29M | 14.11M | 5.84M | -4.26M |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Accumulated OCI | 826.44K | 3.27M | 1.56M | 437.84K |
| Minority Interest | 0 | 0 | 0 | 0 |
Working capital volatility
According to recent financial filings, JLHL's total assets surged from $27.5M in 2025Q2 to $47.8M by 2025Q4, indicating a significant scaling of the balance sheet that warrants further investigation into the underlying drivers of this rapid growth relative to the company's historical operational footprint.
The expansion in total assets appears to be outpacing equity growth, suggesting that the company is increasingly relying on liabilities to fund its operations. Investors should monitor whether this asset accumulation translates into sustainable revenue generation or if it reflects an inefficient buildup of working capital.
As reported in quarterly balance sheets, JLHL's current ratio moved from 1.10 in 2025Q2 to 1.21 in 2025Q4, suggesting a modest improvement in short-term solvency, though the absolute cash position remains sensitive to the company's ongoing working capital requirements and operational cash flow volatility.
While the current ratio indicates a marginal improvement in the ability to cover short-term obligations, the reliance on current assets to meet liabilities remains a point of concern. The company's liquidity buffer appears thin, leaving little room for error should operational cash inflows experience unexpected delays.
Based on the provided figures, JLHL maintains a debt-to-equity ratio of 0.15 as of 2025Q4, which represents a decrease from the 0.35 observed in 2025Q2, suggesting that management is currently prioritizing equity-based financing or internal cash generation over the accumulation of long-term interest-bearing debt obligations.
The relatively low leverage profile provides the company with some financial flexibility, though the small absolute size of the equity base makes the firm sensitive to any potential impairment. This conservative debt structure may be a strategic necessity given the volatility in the company's cash flow cycles.
Data from recent balance sheets shows that JLHL's total equity grew to $9.8M in 2025Q4 from $4.0M in 2025Q2, a trend largely supported by the accumulation of retained earnings, which rose to $5.3M over the same period, indicating a reliance on internal profitability for capital growth.
The growth in retained earnings suggests that the business is successfully reinvesting profits, which is a positive signal for long-term value creation. However, the sustainability of this equity growth depends heavily on the company's ability to maintain consistent net margins without the need for external dilutive financing.
Quick answers to the most common questions about buying JLHL stock.
As of 2025, Julong Holding Limited Class A Ordinary Shares (JLHL) had total assets of $47.8M including $46.0M in current assets.
Julong Holding Limited Class A Ordinary Shares (JLHL) carries total debt of $1.5M, offset by $8.7M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Julong Holding Limited Class A Ordinary Shares (JLHL) has total shareholders' equity (book value) of $9.8M ($0.48 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Julong Holding Limited Class A Ordinary Shares (JLHL) reported a current ratio of 1.21x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.