Income Statement JTF International Holdings Limited

Equities

9689

KYG520041016

Oil & Gas Refining and Marketing

Delayed Hong Kong S.E. Other stock markets 22:58:43 2026-03-08 EDT			5-day change	1st Jan Change
0.4800 ^HKD	-4.00%		-9.43%	+17.07%

01-28	JTF International Shareholder Extends Deadline of Over 130 Million Share Offering	MT
01-20	JTF International announces placing of up to 130.1 million shares	RE

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Published financial data: JTF INTERNATIONAL HOLDINGS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	1.1B	2.04B	1.53B	1.24B	1.12B
Total Revenues	1.1B	2.04B	1.53B	1.24B	1.12B
Cost of Goods Sold, Total	1.03B	1.95B	1.46B	1.18B	1.11B
Gross Profit	69.45M	90.73M	72.91M	57.9M	12.78M
Selling General & Admin Expenses, Total	41.27M	34.14M	27.89M	39.82M	24.69M
Other Operating Expenses	-1.42M	-6K	-3.1M	-24K	-80K
Other Operating Expenses, Total	39.85M	34.14M	24.8M	39.79M	24.61M
Operating Income	29.6M	56.59M	48.12M	18.1M	-11.83M
Interest Expense, Total	-245K	-224K	-207K	-184K	-175K
Interest And Investment Income	291K	291K	1.04M	929K	1.18M
Net Interest Expenses	46K	67K	828K	745K	1M
Currency Exchange Gains (Loss)	-619K	-16K	152K	151K	226K
EBT, Excl. Unusual Items	29.03M	56.64M	49.1M	19M	-10.6M
Gain (Loss) On Sale Of Investments	-295K	-	-	-	-
Legal Settlements	-	-	-	-13.27M	-
EBT, Incl. Unusual Items	28.73M	56.64M	49.1M	5.73M	-10.6M
Income Tax Expense	13.53M	19.56M	17.35M	7.24M	-1.76M
Earnings From Continuing Operations	15.2M	37.09M	31.74M	-1.51M	-8.84M
Net Income to Company	15.2M	37.09M	31.74M	-1.51M	-8.84M
Net Income - (IS)	15.2M	37.09M	31.74M	-1.51M	-8.84M
Net Income to Common Incl Extra Items	15.2M	37.09M	31.74M	-1.51M	-8.84M
Net Income to Common Excl. Extra Items	15.2M	37.09M	31.74M	-1.51M	-8.84M
Per Share Items
Net EPS - Basic	0.02	0.04	0.03	-0	-0.01
Basic EPS - Continuing Operations	0.02	0.04	0.03	-0	-0.01
Basic Weighted Average Shares Outstanding	923M	930M	930M	930M	930M
Net EPS - Diluted	0.02	0.04	0.03	-0	-0.01
Diluted EPS - Continuing Operations	0.02	0.04	0.03	-0	-0.01
Diluted Weighted Average Shares Outstanding	923M	930M	930M	930M	930M
Normalized Basic EPS	0.02	0.04	0.03	0.01	-0.01
Normalized Diluted EPS	0.02	0.04	0.03	0.01	-0.01
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	30.74M	57.73M	49.25M	19.23M	-10.89M
EBITA	29.6M	56.59M	48.12M	18.1M	-11.83M
EBIT	29.6M	56.59M	48.12M	18.1M	-11.83M
EBITDAR	39.68M	63.85M	53.55M	29.03M	-2.91M
Effective Tax Rate - (Ratio)	47.08	34.53	35.34	126.32	16.58
Current Domestic Taxes	11.21M	15.77M	14.14M	7.33M	-
Total Current Taxes	11.21M	15.77M	14.14M	7.33M	-
Deferred Domestic Taxes	2.32M	3.79M	3.2M	-83K	-1.76M
Total Deferred Taxes	2.32M	3.79M	3.2M	-83K	-1.76M
Normalized Net Income	18.14M	35.4M	30.68M	11.88M	-6.62M
Interest on Long-Term Debt	245K	224K	207K	184K	175K
Supplemental Operating Expense Items
Selling and Marketing Expenses	20.57M	21.79M	14.27M	16.2M	11.02M
General and Administrative Expenses	20.7M	12.35M	13.62M	23.62M	13.67M
Net Rental Expense, Total	8.94M	6.13M	4.3M	9.8M	7.98M
Imputed Operating Lease Interest Expense	3.59M	2.4M	1.68M	3.83M	3.11M
Imputed Operating Lease Depreciation	5.35M	3.73M	2.61M	5.98M	4.87M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	63.7M	7.8M	106M	190M	33.41M
Short Term Investments	2.1M	845K	7.55M	7.57M	12.72M
Total Cash And Short Term Investments	65.79M	8.65M	114M	197M	46.13M
Accounts Receivable, Total	138M	498M	32.86M	49.57M	19.1M
Other Receivables	7.44M	3.72M	14.74M	22.18M	34.44M
Total Receivables	145M	502M	47.6M	71.76M	53.54M
Inventory	80.85M	42.13M	124M	58.3M	206M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	85.69M	17.53M	181M	145M	133M
Total Current Assets	377M	570M	466M	472M	438M
Gross Property Plant And Equipment	32.22M	32.55M	32.2M	31.52M	31.67M
Accumulated Depreciation	-10.02M	-11.15M	-12.29M	-13.41M	-14.35M
Net Property Plant And Equipment	22.2M	21.4M	19.91M	18.1M	17.32M
Deferred Tax Assets Long-Term	708K	733K	813K	2.18M	3.59M
Other Long-Term Assets, Total	4.64M	4.19M	4.19M	4.19M	4.19M
Total Assets	405M	596M	491M	497M	463M
Liabilities
Accounts Payable, Total	16.24M	157M	-	4.61M	1.09M
Accrued Expenses, Total	5.11M	7.6M	7.14M	5.59M	6.51M
Current Portion of Leases	336K	353K	370K	193K	279K
Current Income Taxes Payable	6.39M	5.94M	9.47M	2.06M	1.48M
Unearned Revenue Current, Total	2.21M	3.53M	24.49M	7.6M	88K
Other Current Liabilities	8.24M	15.07M	8.19M	21.15M	7.13M
Total Current Liabilities	38.53M	190M	49.66M	41.2M	16.57M
Long-Term Leases	4.41M	4.05M	3.68M	3.3M	3.42M
Deferred Tax Liability Non Current	12.37M	16.19M	19.47M	20.76M	20.41M
Total Liabilities	55.31M	210M	72.82M	65.25M	40.4M
Common Stock, Total	7.98M	7.98M	7.98M	7.98M	7.98M
Additional Paid In Capital	169M	169M	169M	169M	169M
Retained Earnings	116M	153M	185M	183M	174M
Comprehensive Income and Other	56.42M	56.42M	56.42M	71.05M	71.05M
Total Common Equity	350M	387M	418M	431M	423M
Total Equity	350M	387M	418M	431M	423M
Total Liabilities And Equity	405M	596M	491M	497M	463M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	930M	930M	930M	930M	930M
ECS Total Common Shares Outstanding	930M	930M	930M	930M	930M
Book Value / Share	0.38	0.42	0.45	0.46	0.45
Tangible Book Value	350M	387M	418M	431M	423M
Tangible Book Value Per Share	0.38	0.42	0.45	0.46	0.45
Total Debt	4.74M	4.41M	4.05M	3.49M	3.7M
Net Debt	-61.05M	-4.24M	-110M	-194M	-42.43M
Debt Equivalent Oper. Leases	71.54M	49.02M	34.38M	78.43M	63.86M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	80.85M	42.13M	124M	63.43M	206M
Machinery, Total	1.9M	2.02M	2.1M	2.1M	2.1M
Full Time Employees	41	41	32	23	20
Accumulated Allowance for Doubtful Accounts (Supple)	1.44M	1.44M	1.44M	1.44M	1.44M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	15.2M	37.09M	31.74M	-1.51M	-8.84M
Depreciation & Amortization - CF	1.86M	1.55M	1.56M	1.44M	1.22M
Depreciation & Amortization, Total	1.86M	1.55M	1.56M	1.44M	1.22M
(Gain) Loss From Sale Of Asset	11K	-	-	-	-
Provision and Write-off of Bad Debts	295K	-	-	-	-
Other Operating Activities, Total	-2.35M	3.29M	5.75M	-3.29M	-8.7M
Change In Accounts Receivable	-78.43M	-358M	443M	-2.74M	-1.55M
Change In Inventories	4.89M	38.72M	-82.01M	60.71M	-142M
Change In Accounts Payable	18.37M	150M	-164M	16.01M	-16.7M
Change in Unearned Revenues	-14.25M	1.32M	20.96M	-16.89M	-7.51M
Change in Other Net Operating Assets	22M	70.48M	-159M	28.8M	12.18M
Cash from Operations	-32.4M	-55.31M	98.09M	82.54M	-172M
Capital Expenditure	-573K	-298K	-73K	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Other Investing Activities, Total	291K	291K	1.04M	929K	1.18M
Cash from Investing	-282K	-7K	962K	929K	1.18M
Short Term Debt Issued, Total	-	-	-	-	87K
Total Debt Issued	-	-	-	-	87K
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-718K	-336K	-353K	-176K	-221K
Total Debt Repaid	-718K	-336K	-353K	-176K	-221K
Issuance of Common Stock	56.53M	-	-	-	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-1.4M	-224K	-207K	-184K	14.45M
Cash from Financing	54.42M	-560K	-560K	-360K	14.32M
Foreign Exchange Rate Adjustments	-619K	-16K	152K	151K	226K
Net Change in Cash	21.12M	-55.89M	98.64M	83.26M	-156M
Supplemental Items
Cash Interest Paid	245K	224K	207K	184K	175K
Cash Income Tax Paid (Refund)	16.45M	16.22M	10.62M	14.74M	583K
Levered Free Cash Flow	-33.62M	-62.45M	98.37M	81.65M	-148M
Unlevered Free Cash Flow	-33.46M	-62.31M	98.5M	81.77M	-148M
Change In Net Working Capital	53.25M	98.94M	-66.94M	-69.01M	142M
Net Debt Issued / Repaid	-718K	-336K	-353K	-176K	-134K

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	5.01	7.07	5.53	2.29	-1.54
Return on Total Capital	5.8	9.49	7.39	2.64	-1.72
Return On Equity %	4.84	10.08	7.89	-0.36	-2.07
Return on Common Equity	4.84	10.08	7.89	-0.36	-2.07
Margin Analysis
Gross Profit Margin %	6.31	4.44	4.75	4.67	1.14
SG&A Margin	3.75	1.67	1.82	3.21	2.2
EBITDA Margin %	2.79	2.82	3.21	1.55	-0.97
EBITA Margin %	2.69	2.77	3.14	1.46	-1.06
EBIT Margin %	2.69	2.77	3.14	1.46	-1.06
Income From Continuing Operations Margin %	1.38	1.81	2.07	-0.12	-0.79
Net Income Margin %	1.38	1.81	2.07	-0.12	-0.79
Net Avail. For Common Margin %	1.38	1.81	2.07	-0.12	-0.79
Normalized Net Income Margin	1.65	1.73	2	0.96	-0.59
Levered Free Cash Flow Margin	-3.06	-3.06	6.41	6.59	-13.2
Unlevered Free Cash Flow Margin	-3.04	-3.05	6.42	6.6	-13.19
Asset Turnover
Asset Turnover	2.98	4.08	2.82	2.51	2.33
Fixed Assets Turnover	48.62	93.74	74.3	65.22	63.22
Receivables Turnover (Average Receivables)	11.17	6.43	5.78	30.07	32.61
Inventory Turnover (Average Inventory)	12.38	31.76	17.58	12.95	8.39
Short Term Liquidity
Current Ratio	9.79	3.01	9.39	11.46	26.43
Quick Ratio	5.47	2.69	3.25	6.53	6.01
Operating Cash Flow to Current Liabilities	-0.84	-0.29	1.98	2	-10.38
Days Sales Outstanding (Average Receivables)	32.75	56.77	63.14	12.14	11.22
Days Outstanding Inventory (Average Inventory)	29.57	11.49	20.76	28.18	43.62
Average Days Payable Outstanding	3.15	16.52	-	-	0.83
Cash Conversion Cycle (Average Days)	59.17	51.74	-	-	54.01
Long Term Solvency
Total Debt/Equity	1.36	1.14	0.97	0.81	0.87
Total Debt / Total Capital	1.34	1.13	0.96	0.8	0.87
LT Debt/Equity	1.26	1.05	0.88	0.76	0.81
Long-Term Debt / Total Capital	1.24	1.04	0.87	0.76	0.8
Total Liabilities / Total Assets	13.66	35.17	14.82	13.14	8.72
EBIT / Interest Expense	120.82	252.65	232.44	98.4	-67.61
EBITDA / Interest Expense	128.41	259.59	239.98	106.22	-60.66
(EBITDA - Capex) / Interest Expense	126.07	258.26	239.62	106.22	-60.66
Total Debt / EBITDA	0.15	0.08	0.08	0.18	-0.35
Net Debt / EBITDA	-1.94	-0.07	-2.21	-9.92	4
Total Debt / (EBITDA - Capex)	0.15	0.08	0.08	0.18	-0.35
Net Debt / (EBITDA - Capex)	-1.98	-0.07	-2.22	-9.92	4
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-48.62	85.72	-24.9	-19.22	-9.67
Gross Profit, 1 Yr. Growth %	-27.51	30.64	-19.64	-20.59	-77.93
EBITDA, 1 Yr. Growth %	-47.17	89.62	-14.68	-60.96	-156.64
EBITA, 1 Yr. Growth %	-48.46	93.12	-14.98	-62.37	-165.35
EBIT, 1 Yr. Growth %	-48.46	93.12	-14.98	-62.37	-165.35
Earnings From Cont. Operations, 1 Yr. Growth %	-61.86	143.91	-14.4	-104.75	485.95
Net Income, 1 Yr. Growth %	-61.86	143.91	-14.4	-104.75	485.95
Normalized Net Income, 1 Yr. Growth %	-49.56	97.15	-13.33	-61.3	-155.79
Diluted EPS Before Extra, 1 Yr. Growth %	-77.79	141.97	-14.4	-104.75	486.13
Accounts Receivable, 1 Yr. Growth %	131.58	262.14	-93.4	50.85	-61.47
Inventory, 1 Yr. Growth %	-5.71	-47.89	194.65	-53.04	252.55
Net Property, Plant and Equip., 1 Yr. Growth %	-3.72	-3.63	-6.95	-9.07	-4.34
Total Assets, 1 Yr. Growth %	21.46	47.31	-17.64	1.13	-6.78
Tangible Book Value, 1 Yr. Growth %	25.3	10.61	8.21	3.13	-2.05
Common Equity, 1 Yr. Growth %	25.3	10.61	8.21	3.13	-2.05
Cash From Operations, 1 Yr. Growth %	8.03	70.68	-277.35	-15.85	-308.4
Capital Expenditures, 1 Yr. Growth %	-94.16	-47.99	-75.5	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-33.74	84.75	-263.59	-17	-281.05
Unlevered Free Cash Flow, 1 Yr. Growth %	-33.83	85.18	-264.19	-16.99	-280.66
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-24.06	-2.32	18.1	-22.12	-14.58
Gross Profit, 2 Yr. CAGR %	-11.92	-2.68	2.46	-20.12	-58.14
EBITDA, 2 Yr. CAGR %	-26.68	-0.39	27.2	-42.28	-52.98
EBITA, 2 Yr. CAGR %	-27.73	-0.74	28.14	-43.44	-50.41
EBIT, 2 Yr. CAGR %	-27.73	-0.74	28.14	-43.44	-50.41
Earnings From Cont. Operations, 2 Yr. CAGR %	-27.55	-3.55	44.49	-79.83	-47.22
Net Income, 2 Yr. CAGR %	-27.55	-3.55	44.49	-79.83	-47.22
Normalized Net Income, 2 Yr. CAGR %	-28.79	-0.79	30.72	-42.08	-53.53
Diluted EPS Before Extra, 2 Yr. CAGR %	-51.39	-26.69	43.92	-79.83	-47.23
Accounts Receivable, 2 Yr. CAGR %	40.91	189.59	-51.12	-68.45	-23.77
Inventory, 2 Yr. CAGR %	10.89	-29.9	23.91	17.63	28.67
Net Property, Plant and Equip., 2 Yr. CAGR %	16.84	-3.68	-5.3	-8.01	-6.73
Total Assets, 2 Yr. CAGR %	35.13	33.76	10.15	-8.74	-2.91
Tangible Book Value, 2 Yr. CAGR %	38.23	17.73	9.4	5.64	0.51
Common Equity, 2 Yr. CAGR %	38.23	17.73	9.4	5.64	0.51
Cash From Operations, 2 Yr. CAGR %	16.82	35.79	73.98	22.16	32.43
Capital Expenditures, 2 Yr. CAGR %	-78.86	-82.57	-64.31	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	19.68	10.94	70.6	16.53	22.59
Unlevered Free Cash Flow, 2 Yr. CAGR %	19.4	11	71.1	16.75	22.46
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-14.18	2.31	-10.52	4.05	-18.17
Gross Profit, 3 Yr. CAGR %	5.32	0.45	-8.7	-5.89	-47.97
EBITDA, 3 Yr. CAGR %	11.59	0.32	-5.4	-14.2	-42.65
EBITA, 3 Yr. CAGR %	10.9	-0.04	-5.73	-14.83	-40.65
EBIT, 3 Yr. CAGR %	10.9	-0.04	-5.73	-14.83	-40.65
Earnings From Cont. Operations, 3 Yr. CAGR %	8.8	8.58	-7.31	-53.7	-37.99
Net Income, 3 Yr. CAGR %	8.8	8.58	-7.31	-53.7	-37.99
Normalized Net Income, 3 Yr. CAGR %	9.9	-0.35	-5.16	-12.88	-42.8
Diluted EPS Before Extra, 3 Yr. CAGR %	-25.22	-17	-22.8	-53.83	-37.99
Accounts Receivable, 3 Yr. CAGR %	16.34	93.02	-17.9	-28.83	-66.28
Inventory, 3 Yr. CAGR %	-13.7	-13.79	13.13	-10.33	69.6
Net Property, Plant and Equip., 3 Yr. CAGR %	170.48	9.58	-4.78	-6.58	-6.81
Total Assets, 3 Yr. CAGR %	17.75	39.08	13.8	7.06	-8.09
Tangible Book Value, 3 Yr. CAGR %	43.19	28.33	14.47	7.27	3.01
Common Equity, 3 Yr. CAGR %	43.19	28.33	14.47	7.27	3.01
Cash From Operations, 3 Yr. CAGR %	94.09	32.56	48.43	36.57	45.97
Capital Expenditures, 3 Yr. CAGR %	170.35	-71.47	-80.48	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	100.62	38.57	24.69	34.18	34.97
Unlevered Free Cash Flow, 3 Yr. CAGR %	100.31	38.46	24.88	34.44	35.04
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.93	12.85	-2.49	-8.26	-12.16
Gross Profit, 5 Yr. CAGR %	25.18	10.92	4.17	-8.35	-33.16
EBITDA, 5 Yr. CAGR %	22.94	14.84	17.36	-19.58	-28.48
EBITA, 5 Yr. CAGR %	22.81	14.71	17.26	-20.4	-27.09
EBIT, 5 Yr. CAGR %	22.81	14.71	17.26	-20.4	-27.09
Earnings From Cont. Operations, 5 Yr. CAGR %	15.68	14.41	21.87	-44.62	-26.01
Net Income, 5 Yr. CAGR %	15.68	14.41	21.87	-44.62	-26.01
Normalized Net Income, 5 Yr. CAGR %	22.23	14.69	17.55	-19.79	-28.71
Diluted EPS Before Extra, 5 Yr. CAGR %	-41.13	-13.72	-2.84	-52.87	-33.7
Accounts Receivable, 5 Yr. CAGR %	76.82	101.83	-17.76	-6.47	-20.3
Inventory, 5 Yr. CAGR %	-11.33	-19.63	-0.26	-2.38	19.11
Net Property, Plant and Equip., 5 Yr. CAGR %	70.81	69.89	77.75	2.17	-5.57
Total Assets, 5 Yr. CAGR %	19.17	28.37	14.65	17.51	6.8
Tangible Book Value, 5 Yr. CAGR %	90.01	63.33	28.57	18.72	8.66
Common Equity, 5 Yr. CAGR %	90.01	63.33	28.57	18.72	8.66
Cash From Operations, 5 Yr. CAGR %	-1.17	-0.92	85.78	28.3	41.81
Capital Expenditures, 5 Yr. CAGR %	134.97	-4.94	20.28	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-	2.07	88.23	28.32	23.85
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	2.02	88.28	28.35	23.91