YMAT
J-Star Holding Co., Ltd.
Price Chart
Latest Quote
$0.49
Current Price| Previous Close | $0.45 |
| Open | $0.44 |
| Day High | $0.52 |
| Day Low | $0.41 |
| Volume | 152,179 |
Stock Information
| Shares Outstanding | 11.70M |
| Total Debt | $14.95M |
| Cash Equivalents | $910K |
| Revenue | $20.05M |
| Net Income | $630K |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Market Cap | $8.72M |
| P/E Ratio | 12.25 |
| EPS (TTM) | $0.04 |
| Exchange | NCM |
📊 Custom Metrics & Score
Score: 9/42| Debt to Equity | 0.78 |
| Debt to Earnings | 1.81 |
| Current Ratio | 1.23 |
| Quick Ratio | 0.91 |
| Avg Revenue Growth | -10.98% |
| Profit Margin | 6.29% |
| Return on Equity | 8.49% |
| Avg FCF Growth | 17.49% |
| FCF Yield | -35.43% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $0.49 | 152,179 |
| 2026-01-30 | $0.43 | 148,500 |
| 2026-01-29 | $0.44 | 31,500 |
| 2026-01-28 | $0.46 | 37,300 |
| 2026-01-27 | $0.44 | 33,900 |
| 2026-01-26 | $0.42 | 57,200 |
| 2026-01-23 | $0.47 | 20,700 |
| 2026-01-22 | $0.47 | 67,400 |
| 2026-01-21 | $0.53 | 20,300 |
| 2026-01-20 | $0.53 | 36,400 |
| 2026-01-16 | $0.58 | 16,900 |
| 2026-01-15 | $0.53 | 33,600 |
| 2026-01-14 | $0.51 | 33,600 |
| 2026-01-13 | $0.54 | 10,500 |
| 2026-01-12 | $0.56 | 18,400 |
| 2026-01-09 | $0.56 | 24,400 |
| 2026-01-08 | $0.58 | 137,200 |
| 2026-01-07 | $0.58 | 243,200 |
| 2026-01-06 | $0.55 | 65,100 |
| 2026-01-05 | $0.52 | 337,600 |
About J-Star Holding Co., Ltd.
J-Star Holding Co., Ltd. manufactures and trades in bicycles, sports accessories, and carbon fiber composite products in Taiwan and internationally. It offers bicycles parts of sports bicycles and electric bicycles; paddle rackets for use in tennis, badminton, squash, and beach tennis; and structural parts of automobile, other sporting goods, and healthcare products. The company was founded in 1968 and is headquartered in Taichung, Taiwan.
Income Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Reconciled Cost Of Revenue | $11,933,181 | $20,855,842 | $30,296,031 | $22,338,204 |
| Cost Of Revenue | $11,933,181 | $20,855,842 | $30,296,031 | $22,338,204 |
| Total Revenue | $17,563,985 | $23,777,952 | $39,379,369 | $31,328,379 |
| Operating Revenue | $17,563,985 | $23,777,952 | $39,379,369 | $31,328,379 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Interest Expense | $402,931 | $337,107 | $322,759 | $225,260 |
| Total Expenses | $16,451,547 | $24,665,612 | $39,359,394 | $31,079,384 |
| Other Income Expense | $135,608 | $2,395,561 | $548,222 | $1,389 |
| Other Non Operating Income Expenses | $207,568 | $909,346 | $68,621 | $-124,308 |
| Net Non Operating Interest Income Expense | $-138,321 | $-472,306 | $-310,510 | $-223,104 |
| Interest Expense Non Operating | $402,931 | $337,107 | $322,759 | $225,260 |
| Operating Expense | $4,518,366 | $3,809,770 | $9,063,363 | $8,741,180 |
| Selling And Marketing Expense | $1,240,422 | $1,167,991 | $1,467,905 | $1,997,810 |
| General And Administrative Expense | $2,608,919 | $1,822,574 | $6,194,276 | $5,080,761 |
| Total Other Finance Cost | - | $471,574 | - | - |
| Other Operating Expenses | - | - | $-57,555 | $-18,202 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $1,104,213 | $1,418,643 | $124,305 | $-132,902 |
| Net Interest Income | $-138,321 | $-472,306 | $-310,510 | $-223,104 |
| Interest Income | $264,610 | $336,375 | $12,249 | $2,156 |
| Normalized Income | $1,175,816 | $229,671 | $-259,376 | $-233,460 |
| Net Income From Continuing And Discontinued Operation | $1,104,213 | $1,418,643 | $124,305 | $-132,902 |
| Total Operating Income As Reported | $1,112,438 | $-887,660 | $88,596 | $-119,796 |
| Net Income Common Stockholders | $1,104,213 | $1,418,643 | $124,305 | $-132,902 |
| Net Income | $1,104,213 | $1,418,643 | $124,305 | $-132,902 |
| Net Income Including Noncontrolling Interests | $1,104,213 | $1,418,643 | $124,305 | $-132,902 |
| Net Income Continuous Operations | $1,104,213 | $1,418,643 | $124,305 | $-132,902 |
| Pretax Income | $1,109,725 | $1,035,595 | $257,687 | $27,280 |
| Interest Income Non Operating | $264,610 | $336,375 | $12,249 | $2,156 |
| Operating Income | $1,112,438 | $-887,660 | $19,975 | $248,995 |
| Gross Profit | $5,630,804 | $2,922,110 | $9,083,338 | $8,990,175 |
| Special Income Charges | - | - | $-53,362 | $-244,483 |
| Earnings From Equity Interest | - | - | $-34,079 | - |
Per Share Metrics
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Diluted EPS | - | $0.08 | $0.01 | $-0.01 |
| Basic EPS | - | $0.08 | $0.01 | $-0.01 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $-357 | $297,243 | $95,920 | $25,139 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $1,939,562 | $873,005 | $3,065,168 | $1,484,832 |
| Total Unusual Items | $-71,960 | $1,486,215 | $479,601 | $125,697 |
| Total Unusual Items Excluding Goodwill | $-71,960 | $1,486,215 | $479,601 | $125,697 |
| Reconciled Depreciation | $354,946 | $986,518 | $2,964,323 | $1,357,989 |
| EBITDA (Bullshit earnings) | $1,867,602 | $2,359,220 | $3,544,769 | $1,610,529 |
| EBIT | $1,512,656 | $1,372,702 | $580,446 | $252,540 |
| Diluted NI Availto Com Stockholders | $1,104,213 | $1,418,643 | $124,305 | $-132,902 |
| Tax Provision | $5,512 | $-383,048 | $133,382 | $160,182 |
| Gain On Sale Of Security | $-71,960 | $1,486,215 | $479,601 | $370,180 |
| Provision For Doubtful Accounts | $-8,365 | $81,842 | $9,937 | $20,481 |
| Research And Development | $677,390 | $737,363 | $1,391,245 | $1,660,330 |
| Selling General And Administration | $3,849,341 | $2,990,565 | $7,662,181 | $7,078,571 |
| Other Gand A | $2,608,919 | $1,822,574 | $6,194,276 | $5,080,761 |
| Diluted Average Shares | - | $17,012,887 | $18,512,887 | $19,762,887 |
| Basic Average Shares | - | $17,012,887 | $17,012,887 | $19,762,887 |
| Gain On Sale Of Ppe | - | - | $-53,362 | $-244,483 |
| Write Off | - | - | - | $20,481 |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $12,996,691 | $11,840,482 | $9,891,496 | $9,257,738 |
| Total Assets | $24,376,382 | $21,088,906 | $40,744,997 | $40,425,680 |
| Total Non Current Assets | $11,666,534 | $14,594,912 | $11,310,101 | $7,331,883 |
| Non Current Prepaid Assets | $133,390 | $625,330 | $1,044,435 | $965,968 |
| Non Current Deferred Assets | $433,800 | $439,361 | $399,321 | $609,047 |
| Non Current Deferred Taxes Assets | $433,800 | $439,361 | $399,321 | $609,047 |
| Non Current Accounts Receivable | $8,300,723 | $10,660,342 | $2,967,806 | - |
| Investmentin Financial Assets | $1,789,804 | $1,791,262 | $21,758 | $21,758 |
| Goodwill And Other Intangible Assets | $2,572 | $11,766 | $12,609 | $14,021 |
| Current Assets | $12,709,848 | $6,493,994 | $29,434,896 | $33,093,797 |
| Current Deferred Assets | $1,623,627 | $1,143,376 | - | - |
| Restricted Cash | $574,391 | $361,249 | $866,105 | $273,004 |
| Prepaid Assets | $519,817 | $253,768 | $1,933,351 | $2,366,290 |
| Inventory | $555,680 | $187,602 | $19,150,760 | $23,010,057 |
| Receivables | $8,787,227 | $3,988,537 | $4,475,766 | $4,533,499 |
| Other Receivables | $1,952,834 | $1,696,897 | $224,070 | $184,729 |
| Accounts Receivable | $6,307,511 | $2,291,640 | $4,251,142 | $4,348,770 |
| Allowance For Doubtful Accounts Receivable | $0 | $-97,332 | $-27,100 | $-124,436 |
| Gross Accounts Receivable | $6,307,511 | $2,388,972 | $4,278,242 | $4,473,206 |
| Cash Cash Equivalents And Short Term Investments | $649,106 | $559,462 | $2,949,108 | $2,850,817 |
| Cash And Cash Equivalents | $649,106 | $559,462 | $2,949,108 | $2,850,817 |
| Cash Financial | $649,106 | $559,462 | $2,949,108 | $2,850,817 |
| Notes Receivable | - | $0 | $554 | $0 |
| Other Non Current Assets | - | - | $48,938 | - |
| Other Current Assets | - | - | $59,806 | $60,130 |
| Other Intangible Assets | - | - | - | $14,021 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Debt | $9,388,413 | $7,385,665 | $3,721,568 | $3,923,719 |
| Total Debt | $10,201,294 | $8,050,872 | $11,162,172 | $7,272,816 |
| Long Term Debt And Capital Lease Obligation | $995,290 | $920,541 | $2,723,919 | $1,164,171 |
| Long Term Debt | $995,290 | $920,541 | $339,145 | $1,066,602 |
| Current Debt And Capital Lease Obligation | $9,206,004 | $7,130,331 | $8,438,253 | $6,108,645 |
| Current Debt | $9,042,229 | $7,024,586 | $6,331,531 | $5,707,934 |
| Other Current Borrowings | $945,602 | $1,899,928 | - | $2,913,570 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $11,377,119 | $9,236,658 | $30,840,892 | $31,153,921 |
| Total Non Current Liabilities Net Minority Interest | $1,006,272 | $940,946 | $2,731,420 | $1,252,550 |
| Non Current Deferred Liabilities | $10,982 | $20,405 | $7,501 | $49,468 |
| Non Current Deferred Taxes Liabilities | $10,982 | $20,405 | $7,501 | $49,468 |
| Current Liabilities | $10,370,847 | $8,295,712 | $28,109,472 | $29,901,371 |
| Other Current Liabilities | $28,235 | $172,618 | $1,265,267 | $1,364,917 |
| Current Deferred Liabilities | $107,786 | $276,210 | $647,308 | $380,271 |
| Payables And Accrued Expenses | $1,028,822 | $716,553 | $17,758,644 | $22,047,538 |
| Payables | $1,028,822 | $716,553 | $17,758,644 | $22,047,538 |
| Other Payable | $802,840 | $522,786 | $10,807,728 | $10,915,406 |
| Total Tax Payable | $16,415 | $0 | $1,805,509 | $2,109,306 |
| Accounts Payable | $209,567 | $193,767 | $5,145,407 | $6,109,256 |
| Current Notes Payable | - | $0 | $2,639 | $0 |
| Other Non Current Liabilities | - | - | $-412,859 | - |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $12,999,263 | $11,852,248 | $9,904,105 | $9,271,759 |
| Total Equity Gross Minority Interest | $12,999,263 | $11,852,248 | $9,904,105 | $9,271,759 |
| Stockholders Equity | $12,999,263 | $11,852,248 | $9,904,105 | $9,271,759 |
| Other Equity Interest | $573,792 | $442,080 | $-100,057 | $-177,754 |
| Gains Losses Not Affecting Retained Earnings | $507,453 | $596,363 | $198,575 | - |
| Other Equity Adjustments | $507,453 | $596,363 | $198,575 | - |
| Retained Earnings | $-3,237,380 | $-4,341,593 | $-5,760,236 | $-5,884,541 |
| Long Term Equity Investment | - | - | $1,008,789 | - |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Ordinary Shares Number | $17,012,887 | $17,012,887 | $17,012,887 | $17,012,887 |
| Share Issued | $17,012,887 | $17,012,887 | $17,012,887 | $17,012,887 |
| Tangible Book Value | $12,996,691 | $11,840,482 | $9,891,496 | $9,257,738 |
| Invested Capital | $23,036,782 | $19,797,375 | $16,574,781 | $16,046,295 |
| Working Capital | $2,339,001 | $-1,801,718 | $1,325,424 | $3,192,426 |
| Capital Lease Obligations | $163,775 | $105,745 | $4,491,496 | $498,280 |
| Total Capitalization | $13,994,553 | $12,772,789 | $10,243,250 | $10,338,361 |
| Additional Paid In Capital | $7,273,954 | $7,273,954 | $7,584,322 | $8,528,956 |
| Capital Stock | $7,881,444 | $7,881,444 | $7,881,444 | $6,805,098 |
| Common Stock | $7,881,444 | $7,881,444 | $7,881,444 | $6,805,098 |
| Current Deferred Revenue | $107,786 | $276,210 | $647,308 | $380,271 |
| Current Capital Lease Obligation | $163,775 | $105,745 | $2,106,722 | $400,711 |
| Line Of Credit | $8,096,627 | $5,124,658 | $6,328,892 | $5,707,934 |
| Duefrom Related Parties Non Current | $8,300,723 | $9,028,904 | $0 | - |
| Investments And Advances | $1,789,804 | $1,791,262 | $21,758 | $21,758 |
| Available For Sale Securities | $1,789,804 | $1,791,262 | $21,758 | $21,758 |
| Net PPE | $1,006,245 | $1,066,851 | $9,783,040 | $5,721,089 |
| Accumulated Depreciation | $-1,023,202 | $-941,316 | $-3,948,095 | $-3,338,132 |
| Gross PPE | $2,029,447 | $2,008,167 | $13,731,135 | $9,059,221 |
| Leases | $256,803 | $270,497 | $496,298 | $547,792 |
| Construction In Progress | $390,363 | $411,178 | $968,008 | $189,404 |
| Other Properties | $138,859 | $131,456 | $2,920,503 | $2,603,023 |
| Machinery Furniture Equipment | $1,079,282 | $1,089,957 | $3,660,055 | $4,072,254 |
| Buildings And Improvements | $164,140 | $105,079 | $4,479,911 | $300,399 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $555,680 | $187,602 | $3,621,633 | $1,728,755 |
| Duefrom Related Parties Current | $526,882 | $0 | - | - |
| Long Term Capital Lease Obligation | - | $0 | $2,384,774 | $97,569 |
| Land And Improvements | - | $0 | $1,206,360 | $1,346,349 |
| Dueto Related Parties Current | - | - | $533,050 | $2,913,570 |
| Work In Process | - | - | $11,608,117 | $16,099,224 |
| Raw Materials | - | - | $3,921,010 | $5,182,078 |
| Long Term Provisions | - | - | - | $38,911 |
| Pensionand Other Post Retirement Benefit Plans Current | - | - | - | $107,326 |
| Current Accrued Expenses | - | - | - | $2,266,776 |
| Other Short Term Investments | - | - | - | $273,004 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $-3,089,888 | $6,928,328 | $2,815,494 | $-1,817,832 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $-3,057,726 | $7,038,650 | $4,043,499 | $-539,215 |
| Cash Flow From Continuing Operating Activities | $-3,057,726 | $7,038,650 | $4,043,499 | $-539,215 |
| Operating Gains Losses | - | - | $53,362 | $244,483 |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Capital Expenditure | $-32,162 | $-110,322 | $-1,228,005 | $-1,278,617 |
| Investing Cash Flow | $1,811,062 | $-8,571,443 | $-2,018,473 | $-895,927 |
| Cash Flow From Continuing Investing Activities | $1,811,062 | $-8,571,443 | $-2,018,473 | $-895,927 |
| Net Other Investing Changes | $693,239 | $-8,725,218 | $-152,369 | $-94,140 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Financing Cash Flow | $1,410,473 | $-780,437 | $-2,031,167 | $2,919,683 |
| Cash Flow From Continuing Financing Activities | $1,410,473 | $-780,437 | $-2,031,167 | $2,919,683 |
| Net Other Financing Charges | $-480,251 | $-1,143,376 | $-79,466 | $-709,585 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $-626,384 | $-915,563 | $-11,132,099 | $-10,243,899 |
| Issuance Of Debt | $2,517,108 | $1,278,502 | $9,180,398 | $13,873,167 |
| End Cash Position | $649,106 | $559,462 | $2,949,108 | $2,850,817 |
| Beginning Cash Position | $559,462 | $2,949,108 | $2,850,817 | $1,336,820 |
| Effect Of Exchange Rate Changes | $-74,165 | $-76,416 | $104,432 | $29,456 |
| Changes In Cash | $163,809 | $-2,313,230 | $-6,141 | $1,484,541 |
| Net Issuance Payments Of Debt | $1,890,724 | $362,939 | $-1,951,701 | $3,629,268 |
| Net Short Term Debt Issuance | $2,034,824 | $636,035 | $1,089,173 | $2,950,060 |
| Short Term Debt Issuance | $2,034,824 | $636,035 | $8,968,775 | $11,455,363 |
| Net Long Term Debt Issuance | $-144,100 | $-273,096 | $-3,040,874 | $679,208 |
| Long Term Debt Payments | $-626,384 | $-915,563 | $-3,252,497 | $-1,738,596 |
| Long Term Debt Issuance | $482,284 | $642,467 | $211,623 | $2,417,804 |
| Net Investment Purchase And Sale | $-213,142 | $234,394 | $-642,039 | $476,830 |
| Net Business Purchase And Sale | $1,363,127 | $-1,063,500 | $0 | - |
| Sale Of Business | $1,363,127 | $1,744,168 | $0 | - |
| Purchase Of Business | $0 | $-2,807,668 | $0 | - |
| Net Intangibles Purchase And Sale | $-6,937 | $1,076,391 | $-15,730 | $-22,496 |
| Sale Of Intangibles | $0 | $1,093,203 | - | - |
| Purchase Of Intangibles | $-6,937 | $-16,812 | $-15,730 | $-22,496 |
| Net PPE Purchase And Sale | $-25,225 | $-93,510 | $-1,208,335 | $-1,256,121 |
| Purchase Of PPE | $-25,225 | $-93,510 | $-1,212,275 | $-1,256,121 |
| Taxes Refund Paid | $-15 | $-20,764 | $-147,000 | $-94,242 |
| Interest Received Cfo | $264,610 | $336,375 | $12,249 | $2,156 |
| Interest Paid Cfo | $-402,931 | $-808,681 | $-317,390 | $-253,116 |
| Change In Working Capital | $-4,657,053 | $4,861,316 | $768,109 | $-2,199,062 |
| Change In Other Working Capital | $-168,424 | $-367,315 | $228,126 | $-182,169 |
| Change In Other Current Liabilities | $-144,383 | $3,700,296 | $-28,153 | $-298,279 |
| Change In Other Current Assets | $0 | $614,237 | $74,226 | $35,056 |
| Change In Payables And Accrued Expense | $296,337 | $-1,519,681 | $-3,510,967 | $8,570,857 |
| Change In Payable | $296,337 | $-1,519,681 | $-3,510,967 | $8,570,857 |
| Change In Account Payable | $15,800 | $193,767 | $-963,849 | $2,359,272 |
| Change In Prepaid Assets | $-266,049 | $102,062 | $445,178 | $-421,046 |
| Change In Inventory | $-379,402 | $363,974 | $3,511,903 | $-11,310,397 |
| Change In Receivables | $-3,995,132 | $1,967,743 | $47,796 | $1,406,916 |
| Changes In Account Receivables | $-4,007,506 | $1,700,993 | $-22,927 | $733,089 |
| Other Non Cash Items | $138,321 | $472,306 | $310,510 | $223,104 |
| Stock Based Compensation | $131,712 | $131,712 | $131,712 | $131,712 |
| Provisionand Write Offof Assets | $-8,365 | $81,842 | $9,937 | $20,481 |
| Asset Impairment Charge | $11,324 | $-37,569 | - | $20,481 |
| Depreciation Amortization Depletion | $354,946 | $986,518 | $2,964,323 | $1,357,989 |
| Depreciation And Amortization | $354,946 | $986,518 | $2,964,323 | $1,357,989 |
| Amortization Cash Flow | $16,122 | $17,655 | $16,259 | $30,701 |
| Amortization Of Intangibles | $16,122 | $17,655 | $16,259 | $30,701 |
| Depreciation | $338,824 | $968,863 | $2,948,064 | $1,327,288 |
| Net Income From Continuing Operations | $1,109,725 | $1,035,595 | $257,687 | $27,280 |
| Short Term Debt Payments | - | $0 | $-7,879,602 | $-8,505,303 |
| Sale Of Investment | - | $234,394 | - | $498,588 |
| Sale Of PPE | - | $0 | $3,940 | $0 |
| Gain Loss On Sale Of PPE | - | $0 | $53,362 | $244,483 |
| Purchase Of Investment | - | - | $-642,039 | $-21,758 |