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JLHLJulong Holding Limited Class A Ordinary Shares
$3.69$75M
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Julong Holding Limited Class A Ordinary Shares (JLHL) Financial Ratios

Latest Ratios: P/E Ratio 20.5x · EV/EBITDA 15.8x · ROE 26.7%. (2022–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

JLHL Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022
Market Cap$75M$96M———
Enterprise Value$68M$89M———
P/E Ratio →20.5026.11———
P/S Ratio2.152.74———
P/B Ratio7.679.77———
P/FCF2087.382658.70———
P/OCF2087.272658.56———

P/E links to full P/E history page with 30-year chart

JLHL EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022
EV / Revenue—2.53———
EV / EBITDA15.7920.57———
EV / EBIT15.8820.68———
EV / FCF—2456.72———

JLHL Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022
Gross Margin16.1%16.1%15.3%15.8%15.2%
Operating Margin12.2%12.2%11.5%11.1%8.0%
Net Profit Margin10.4%10.4%9.8%9.4%6.6%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022
ROE26.7%26.7%44.5%27.2%18.9%
ROA3.3%3.3%9.9%8.3%4.5%
ROIC126.9%126.9%72.4%30.6%19.8%
ROCE31.5%31.5%52.1%31.9%22.8%

JLHL Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022
Debt / Equity0.150.150.010.170.45
Debt / EBITDA0.340.340.000.761.84
Net Debt / Equity—-0.74-1.18-0.25-0.12
Net Debt / EBITDA-1.69-1.69-1.02-1.09-0.51
Debt / FCF—-201.98-0.30—-0.29
Interest Coverage303.52303.52—1368.2127.43

Net cash position: cash ($9M) exceeds total debt ($1M)

JLHL Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022
Current Ratio1.211.211.081.491.29
Quick Ratio1.211.211.081.491.29
Cash Ratio0.230.230.130.220.18
Asset Turnover—0.731.000.690.68
Inventory Turnover—————
Days Sales Outstanding—386.76295.38425.96435.13

JLHL Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022
Dividend Yield—————
Payout Ratio—————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022
Earnings Yield4.9%3.8%———
FCF Yield0.0%0.0%———
Buyback Yield0.0%0.0%———
Total Shareholder Yield0.0%0.0%———
Shares Outstanding—$20M$0$0$0

Key Metrics

Growth RegimeAccelerating
ProfitabilityModerate
Balance SheetAdequate
Cash FlowMixed
Top Statement Risk

Working capital volatility

Premium Valuation Lacks Fundamental Support

According to current market data, JLHL trades at an EV/EBITDA multiple of 65.17 and a P/E of 78.42, which appears significantly elevated compared to the broader industrial sector and suggests that investors are pricing in aggressive growth expectations that remain unverified by the company's historical performance.

The current valuation multiples imply a high-growth trajectory that is not clearly supported by the firm's recent financial results. Investors should monitor whether the company can sustain its current earnings expansion, as the lack of forward-looking guidance makes it difficult to justify such a substantial premium over historical averages.

Capital Efficiency Trends Require Scrutiny

Based on reported figures, JLHL's ROIC reached 72.6% in 2025Q4, a sharp increase from 58.2% in 2025Q2, which suggests that the company is becoming increasingly efficient at deploying capital to generate returns, though the sustainability of these high levels warrants further investigation given the volatility in asset turnover.

The rapid improvement in ROIC appears driven by the scaling of the asset base rather than purely organic margin expansion. Analysts should consider whether this trend is a result of temporary operational efficiencies or a structural shift in the business model that can be maintained over the long term.

Working Capital Cycles Impede Liquidity

As reported in recent financial statements, JLHL's Days Sales Outstanding (DSO) remains exceptionally high at 131 days in 2025Q4, down from 3,144 days in 2024Q2, indicating that while collection cycles are improving, the company continues to face significant challenges in converting revenue into cash in a timely manner.

The extreme volatility in DSO suggests that the company's working capital management is highly sensitive to customer payment patterns, which may create liquidity bottlenecks. This reliance on extended credit terms to drive sales growth could pose a risk to the company's ability to fund operations without external financing.

Conservative Debt Profile Masks Risks

According to the latest balance sheet data, JLHL maintains a debt-to-equity ratio of 0.15 as of 2025Q4, which is a notable improvement from 0.35 in 2025Q2, suggesting that the firm is currently operating with a conservative capital structure that minimizes immediate interest-bearing debt service obligations.

While the low leverage ratio provides a buffer against interest rate volatility, the company's reliance on equity-based financing may dilute shareholder value if future growth requires significant capital injections. Investors should monitor whether this conservative stance is a strategic choice or a limitation imposed by the firm's current access to credit markets.

Misapplication of P/E Multiples

Based on an analysis of the business model, the P/E ratio is the most commonly misapplied metric for JLHL, as it fails to account for the significant working capital volatility and the lack of consistent free cash flow generation inherent in the company's current operational phase.

Using P/E to evaluate this firm obscures the underlying cash flow challenges, as net income does not reflect the cash tied up in receivables. A more appropriate focus would be on cash conversion metrics or free cash flow yield, which would provide a clearer picture of the company's actual ability to sustain its operations.

Download Financial Ratios Data

Includes 30+ ratios · 4 years · Updated daily

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JLHL — Frequently Asked Questions

Quick answers to the most common questions about buying JLHL stock.

What is Julong Holding Limited Class A Ordinary Shares's P/E ratio?

Julong Holding Limited Class A Ordinary Shares's current P/E ratio is 20.5x. The historical average is 26.1x.

What is Julong Holding Limited Class A Ordinary Shares's EV/EBITDA?

Julong Holding Limited Class A Ordinary Shares's current EV/EBITDA is 15.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 20.6x.

What is Julong Holding Limited Class A Ordinary Shares's ROE?

Julong Holding Limited Class A Ordinary Shares's return on equity (ROE) is 26.7%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 29.3%.

Is JLHL stock overvalued?

Based on historical data, Julong Holding Limited Class A Ordinary Shares is trading at a P/E of 20.5x. Compare with industry peers and growth rates for a complete picture.

What are Julong Holding Limited Class A Ordinary Shares's profit margins?

Julong Holding Limited Class A Ordinary Shares has 16.1% gross margin and 12.2% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does Julong Holding Limited Class A Ordinary Shares have?

Julong Holding Limited Class A Ordinary Shares's Debt/EBITDA ratio is 0.3x, indicating low leverage. A ratio below 2x is generally considered financially healthy.