Julong Holding Limited (JLHL) Q4 2025 earnings summary

Executive summary

• Provider of intelligent integrated solutions for public utilities, commercial, and multifamily properties in China, with a focus on engineering, operation, and maintenance of intelligent projects.

• Revenue grew 45.1% year-over-year to RMB252.0 million ($35.4 million) in FY2025, with net income up 53.2% to RMB26.2 million ($3.7 million).

• Completed IPO in June 2025, raising $5.8 million gross proceeds and listing on Nasdaq under symbol JLHL.

Financial highlights

• FY2025 revenue: RMB252.0 million ($35.4 million), up 45.1% from FY2024.

• FY2025 net income: RMB26.2 million ($3.7 million), up 53.2% from FY2024.

• Gross margin increased to 16.1% in FY2025 from 15.3% in FY2024.

• Cash and cash equivalents at FY2025 year-end: RMB62.2 million ($8.7 million).

• Backlog as of September 30, 2025: RMB48.9 million ($6.9 million) across 64 projects.

Outlook and guidance

• Plans to retain earnings to fund business growth; no cash dividends expected in the foreseeable future.

• Anticipates increased selling, general, and administrative expenses as business expands.

• Management expects current cash and cash flows to meet needs for at least the next 12 months.