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Julong Holding Limited(JLHL) - 2025 Q2 - Earnings Call Transcript
2025-09-25 12:02
Financial Data and Key Metrics Changes - The company achieved total revenue of over CNY 100 million, up 10% year-over-year, with gross profit rising 15.6% year-over-year [8][20][24] - Operating income and net income increased by 30% and 30.2% year-over-year, respectively, indicating a shift from scale expansion to quality growth [20][28] - Gross margin improved to 16.4% from 15.6% in the same period of last fiscal year, primarily due to reduced human resource costs [25] Business Line Data and Key Metrics Changes - Engineering solutions for intelligent projects, which contribute over 90% of revenue, delivered 13.4% year-over-year revenue growth [9] - Revenues from operation and maintenance of intelligent projects decreased to CNY 4.3 million from CNY 4.9 million year-over-year [22] - Revenues from sales of intelligent system equipment and materials fell to CNY 10,000 from CNY 1.67 million year-over-year [22] Market Data and Key Metrics Changes - The company signed 144 new engineering solutions contracts, a 76% increase year-over-year, indicating strong market demand [9][13] - The average contract value increased year-over-year, reflecting broad market recognition of the company's capabilities [9] Company Strategy and Development Direction - The company aims to establish its brand as a global benchmark in intelligent engineering while expanding into overseas markets [16] - Strategic integration of maintenance services with new projects is expected to strengthen customer retention and overall lifecycle value [11] - Continuous investment in R&D for intelligent security, fire protection, IoT, and emergency command systems is a key focus [15] Management's Comments on Operating Environment and Future Outlook - The management expressed confidence in the company's resilience and ability to navigate macroeconomic conditions while laying a foundation for long-term sustainable growth [7][17] - The global boom in intelligent buildings presents an opportunity for the company to evolve from a domestic leader to a global benchmark [17] Other Important Information - The company holds Class 1 licenses in various engineering sectors, providing a competitive barrier as it potentially expands into overseas markets [15] - As of March 31, 2025, the company had cash and cash equivalents of CNY 21.4 million, showing a slight increase from the previous period [30] Q&A Session Summary - There were no questions during the Q&A session, and the call concluded without any inquiries from participants [33][34]
Julong Holding Limited to Report First Half of Fiscal Year 2025 Financial Results on Thursday, September 25, 2025
Globenewswire· 2025-09-18 10:00
Core Viewpoint - Julong Holding Limited will report its unaudited financial results for the first half of fiscal year 2025 on September 25, 2025, before U.S. market opening [1] Financial Reporting - The earnings conference call is scheduled for 7:00 a.m. U.S. Eastern Time on September 25, 2025, which corresponds to 7:00 p.m. Beijing/Hong Kong Time on the same day [2] - Participants can join the call by completing pre-registration and dialing in 5 minutes prior to the scheduled start time [2][3] Company Overview - Julong Holding Limited, founded in 1997, is a provider of intelligent integrated solutions for public utilities, commercial properties, and multifamily residential properties in China [4] - The company offers a comprehensive suite of solutions including intelligent security, fire protection, parking, toll collection, broadcasting, identification, data room, emergency command, and city management [4] - Julong focuses on executing complex projects on time, emphasizing "deliveries before deadline" and "customers first" initiatives, positioning itself to achieve economies of scale and capture future opportunities [4]
Julong Holding Limited Announces Full Exercise of Over-Allotment Option
Globenewswire· 2025-07-02 20:05
Company Overview - Julong Holding Limited is a growth-oriented provider of intelligent integrated solutions, founded in 1997, focusing on public utilities, commercial properties, and multifamily residential properties in China [5] - The company's offerings include intelligent security, fire protection, parking, toll collection, broadcasting, identification, data room, emergency command, and city management systems [5] - Julong emphasizes successful and timely execution of complex projects through initiatives like "deliveries before deadline" and "customers first" [5] Recent Financial Activity - Julong announced the exercise of an over-allotment option by the underwriter for its initial public offering, resulting in the purchase of an additional 187,500 Class A ordinary shares at the public offering price [1] - This transaction generated additional gross proceeds of US$750,000 for the company before deducting underwriting discounts and commissions [1] Underwriting and Regulatory Information - US Tiger Securities, Inc. acted as the sole book-runner for the offering [2] - A registration statement related to these securities has been filed with and declared effective by the United States Securities and Exchange Commission [3]
Julong Holding Limited Announces Pricing of Initial Public Offering
Globenewswire· 2025-06-26 09:00
Core Viewpoint - Julong Holding Limited has announced the pricing of its initial public offering (IPO) of 1,250,000 Class A ordinary shares at a price of US$4.00 per share, aiming for a total offering size of approximately US$5.0 million [1]. Company Overview - Julong, founded in 1997, is a growth-oriented provider of intelligent integrated solutions for public utilities, commercial properties, and multifamily residential properties in China [5]. - The company's offerings include systems for intelligent security, fire protection, parking, toll collection, broadcasting, identification, data room, emergency command, and city management [5]. - Julong emphasizes successful and timely execution of complex projects through initiatives like "deliveries before deadline" and "customers first" [5]. - The company is positioned to achieve economies of scale and capture future opportunities by cross-selling its services and advancing its technologies [5]. IPO Details - The IPO is set to close on June 27, 2025, subject to customary closing conditions [1]. - An option has been granted to the underwriter to purchase up to 187,500 additional Class A ordinary shares within 45 days from the date of the Offering [2]. - US Tiger Securities, Inc. is acting as the sole book-runner for the Offering [2].