JLNasdaqRetail-Apparel & Accessory StoresUS GAAP · USD

J-Long Group Ltd

J-Long Group Ltd is a Cayman Islands holding company that operates through subsidiaries in Hong Kong and Vietnam. The group designs, sources, and manufactures reflective and non-reflective garment trims and related apparel accessories for the apparel market.

Liikevaihto42,2milj. USD
+8,1 %v/v
Liikevoitto (EBIT)3,0milj. USD
+23,3 %v/v
EBIT-marginaali7,0%
+0,9 %-yks.v/v
Nettotulos2,8milj. USD
+6,6 %v/v
Vapaa kassavirta3,2milj. USD
−48,3 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2022–2026

01020304050milj. USD2022: 38 milj. USD2022: EBIT 5,5 milj. USD20222023: 38 milj. USD2023: EBIT 6,2 milj. USD20232024: 28 milj. USD2024: EBIT 0,38 milj. USD20242025: 39 milj. USD2025: EBIT 2,4 milj. USD20252026: 42 milj. USD2026: EBIT 3,0 milj. USD2026423,0
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Reflective garment trims40 %

Trims and materials used to enhance visibility on apparel and workwear.

Non-reflective garment trims25 %

Decorative and functional trims for apparel brands and manufacturers.

Heat transfer materials20 %

Heat transfer materials and related products sold to apparel customers.

Specialized conversion services10 %

Custom conversion processes for products requiring specialized manufacturing.

Other apparel-related products5 %

Smaller-volume apparel accessories and related items sold to customers.

Asiakkaat

The company sells primarily to apparel brands, apparel manufacturers, and local buying offices that place recurring orders for trims and materials. It also serves owners of apparel brands directly, and to a smaller extent construction companies and Hong Kong government authorities that buy workwear and safety-related products.

Apparel brands

Buy reflective and non-reflective trims for branded outerwear and sportswear.

Apparel manufacturers

Source materials and components used in garment production runs.

Local buying offices

Procure trims and apparel components on behalf of international brands.

Workwear and safety apparel buyers

Purchase reflective products for visibility and compliance use cases.

Construction companies and government authorities

Buy products for workwear and safety apparel applications.

Strategia

The company focuses on maintaining long-term customer relationships and recurring orders through product design support, customer service, and a geographically distributed sales network. It also expands manufacturing and sales capacity in Vietnam to support production efficiency and closer market access in Asia.

Customer retention and recurring ordersLyhyt aikaväli

Long-standing relationships help stabilize demand in a relationship-driven apparel supply chain.

Regional sales coverageKeskipitkä aikaväli

Local consultants improve access to apparel brands in Europe and North America.

Vietnam manufacturing scale-upKeskipitkä aikaväli

Vietnam capacity supports production and reduces dependence on external processing.

Maantiede

2025

J-Long Group’s operating footprint centers on Hong Kong and Vietnam, with sales coverage extending into mainland China, Denmark, Italy, Canada, other parts of Europe, and North America. Hong Kong remains the commercial and operational base, while Vietnam adds manufacturing capacity and local sales coverage for the Vietnamese market.

Hong Kong37 %
Asia34 %
Kina29 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business depends on a concentrated set of top customers, outsourced manufacturing for certain processes, and continued demand from apparel and workwear markets. It also faces governance and reporting risks typical of a controlled emerging-growth issuer, plus internal control weaknesses in U.S. GAAP and SEC reporting capabilities.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →U.S. GAAP and SEC reporting weakness1Customer concentration2Supply chain dependence on third parties3Controlled-company governance risk4Apparel market cyclicality5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. U.S. GAAP and SEC reporting weaknessVaikutus: KorkeaTodennäköisyys: Korkea

    Management disclosed insufficient competent accounting personnel and material weaknesses.

    Kohdistuu: Financial reporting controls

  2. Customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A small number of large customers contribute meaningful revenue even though the base is diversified.

    Kohdistuu: Top five customers

  3. Supply chain dependence on third partiesVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Specialized conversion processes still rely on trusted manufacturing suppliers in the PRC.

    Kohdistuu: Outsourced production

  4. Controlled-company governance riskVaikutus: KeskitasoTodennäköisyys: Korkea

    Voting power is concentrated with the chairman, which can limit minority shareholder influence.

    Kohdistuu: Corporate governance

  5. Apparel market cyclicalityVaikutus: KeskitasoTodennäköisyys: Korkea

    Demand for trims and accessories depends on brand orders and apparel production cycles.

    Kohdistuu: Outerwear and sportswear

Kirjanpito

Harkinnanvaraiset erät
Internal control over financial reporting

Management disclosed material weaknesses tied to insufficient competent accounting personnel and SEC reporting expertise.

Vaikutus: Can affect reliability of financial statements and disclosures

Revenue recognition timing

Orders from apparel customers may ship at different times, affecting period-to-period comparability.

Vaikutus: Quarterly revenue volatility

Lease accounting

The group leases multiple workshop and office properties in Hong Kong and Vietnam.

Vaikutus: Right-of-use assets and lease liabilities

Outsourced production costs

Specialized conversion work is performed by third-party suppliers in the PRC.

Vaikutus: Cost recognition and margin presentation

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

J-Long Group Ltd (JL) liikevaihto, tulos ja tunnusluvut 2026 – Clarifo