Well-positioned for continued growth in 2026 supported by AI, electric vehicles and advanced smart technologies
SHENZHEN, China, April 29, 2026 (GLOBE NEWSWIRE) -- ZJK Industrial Co., Ltd. (NASDAQ:ZJK) ("ZJK" or the "Company"), a high-tech precision parts and hardware manufacturer serving artificial intelligence (AI) infrastructure, consumer electronics, electric vehicles, aerospace, and other smart technologies, today announced its financial results for the fiscal year ended December 31, 2025.
Fiscal Year 2025 Financial Highlights
Revenues were an all-time high of US$56.10 million for 2025, an increase of 48.39% from US$37.81 million for 2024.
Gross profit was US$24.50 million for 2025, up 80.62% from US$13.57 million for 2024.
Gross margin was 43.67% for 2025, an increase of 7.79% from 35.88% for 2024.
Income from operations was US$9.46 million for 2025, an increase of 478.90% from US$1.63 million for 2024.
Net income reached a record of US$10.15 million for 2025, up 177.21% from US$3.66 million for 2024.
Basic and diluted earnings per share were both US$0.16 for 2025, an increase of 166.67% from US$0.06 for 2024.
Net cash provided by operating activities was US$6.56 million for 2025, an increase of 22.78% from US$5.34 million for 2024.
Cash and cash equivalents, restricted short-term deposits, and short-term investments amounted to US$18.62 million as of December 31, 2025, up 19.28% from US$15.61 million as of December 31, 2024.
Mr. Ning Ding, Chief Executive Officer and Chairman, commented, "We are very excited to cap 2025 with stellar results and carry strong momentum into 2026, driven by consistent execution of our long-term growth strategy. Specifically, we achieved record revenues of US$56.10 million and net income of US$10.15 million in 2025, representing year-over-year growth of 48.39% and 177.21%, respectively. This performance demonstrates our ability to scale efficiently and meet growing demand in key end markets like AI, consumer electronics, and new energy vehicles, while validating the effectiveness of our strategic focus on higher-precision, higher-value products and continued operational investments.
We are particularly encouraged by the progress we are making in our product portfolio. The transition of new projects into stable mass production, combined with growing customer recognition of our precision and quality standards, drove gross margin to 43.67%, up 7.79% year-over-year, and strengthened our competitive position in ways we believe will continue to compound over time.
We also saw meaningful traction in executing our global expansion strategy across both supply and demand. By advancing localized manufacturing capabilities in Vietnam, we are building a more diversified, flexible and resilient global production network. We are also considering establishing our presence in U.S. In parallel, we increased spending in market development across North America, Singapore and Taiwan, expanding our presence in key regions and strengthening our global customer base to support long-term growth.
Importantly, our sustained investment in advanced manufacturing machinery, equipment, and research and development is delivering tangible results. Through continuous innovation in manufacturing processes, automation and precision engineering, we are improving efficiency, optimizing cost structures, and expanding our portfolio of high-performance products. These capabilities enable us to meet the increasingly stringent requirements of high-end applications such as AI servers, semiconductor equipment and automated production systems, positioning ZJK as a critical enabler within the global high-end manufacturing ecosystem.
Looking ahead, we remain confident in our growth trajectory. We see significant opportunities ahead as the accelerating adoption of AI infrastructure, electric vehicles and advanced smart technologies drives rising demand for high-precision components. With our continued focus on innovation, operational excellence and targeted global expansion, we believe we are well positioned to deliver sustainable growth and long-term value for our shareholders."
Fiscal Year 2025 Financial Results
Revenues
Revenues were US$56.10 million for 2025, an increase of 48.39% from US$37.81 million for 2024. This increase was driven by a rise in sales volume, which grew by 28.54%, along with higher average unit sales prices.
Cost of Revenues
Cost of revenues were US$31.60 million for 2025, an increase of 30.35% from US$24.24 million for 2024. This increase was mainly due to increased sales volume of the Company's products.
Gross Profit and Gross Profit Margin
Gross profit was US$24.50 million for 2025, an increase of 80.62% from US$13.57 million for 2024. This increase was mainly due to the increased sales volume and increased average unit sales price of our hardware products.
The gross profit margin was 43.67% for 2025, up 7.79% from 35.88% for 2024, mainly due to (i) an increase in average unit sales prices, supported by a shift towards more complex, high-precision, and value-added products, which improved our market competitiveness; (ii) a decrease in average unit costs, due to the optimization of our production technology and economies of scale resulting from increased production volumes; and (iii) the successful transition of new projects into mass production, which helped to dilute fixed costs and contributed to overall margin expansion.
Total Operating Expenses
Total operating expenses were US$15.04 million for 2025, compared with US$11.93 million for 2024.
General and administrative expenses were US$6.75 million for 2025, remaining relatively stable compared with US$6.71 million for 2024.
Selling and marketing expenses were US$7.17 million for 2025, an increase of 52.18% from US$4.71 million for 2024. This increase was primarily due to (i) an increase of US$1.72 million in sales commission resulting from business expansion into markets such as North America, Singapore, and Taiwan, China, (ii) an increase of US$0.48 million in salaries and benefits for sales and marketing personnel due to higher headcounts to support our business expansion, and (iii) an increase of US$0.23 million in freight costs for sale of products mainly reflecting expanded overseas shipping demands.
Research and development expenses were US$1.11 million for 2025, an increase of 103.07% from US$0.55 million for 2024. This increase was primarily attributable to (i) an increase of US$0.40 million in material consumption driven by a growing number of product development projects and the transition of several projects into the trial production stage, and (ii) an increase of US$0.17 million in salaries and benefits for research and development personnel, reflecting performance-based salary adjustments to retain core technical staff.
Income from operations
Income from operations surged to US$9.46 million for 2025, an increase of 478.90% from US$1.63 million for 2024.
Other income, net
Other income, net was US$4.36 million for 2025, an increase of 32.33% from US$3.29 million for 2024. This increase was primarily attributable to (i) an increase in investment income of US$0.79 million generated from long-term equity investment in PSM-ZJK Fasteners (Shenzhen) Co., Ltd, (ii) an increase of US$0.23 million in interest income from structured deposits and time deposits.
Net Income
Net income was US$10.15 million for 2025, an increase of 177.21% from US$3.66 million for 2024.
Basic and Diluted Earnings per Share
Basic and diluted earnings per share were both US$0.16 for 2025, an increase of 166.67% from US$0.06 for 2024.
Financial Condition
As of December 31, 2025, the Company had cash and cash equivalents, restricted short-term deposits and short-term investments of US$18.62 million, compared to US$15.61 million as of December 31, 2024.
About ZJK Industrial Co., Ltd.ZJK Industrial Co., Ltd. is a high-tech precision parts and hardware manufacturer serving artificial intelligence (AI) infrastructure, consumer electronics, electric vehicles, aerospace, and other smart technologies. With over 15 years in the precision metal parts manufacturing industry, the Company maintains a skilled professional team, a series of highly automated and precision manufacturing equipment, a stable and diversified customer base, and comprehensive quality management systems. ZJK mainly offers standard screws, precision screws and nuts, high-strength bolts and nuts, turning parts, stamping parts and Computer Numerical Control (CNC) machining parts, CNC milling parts, high precision structural components, Surface Mounting Technology (SMT) for miniature parts packaging, and technology service for research and development from a professional engineering team. For more information, please visit the Company's website at https://ir.zjk-industrial.com/.
Forward-Looking StatementsCertain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to," "propose" or other similar expressions in this announcement. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's filings with the U.S. Securities and Exchange Commission.
For more information, please contact:ZJK Industrial Co., Ltd.Phone: +86-755-28341175Email: [email protected]
The Blueshirt Group AsiaFeifei ShenPhone: +86-134-66566136Email: [email protected]
ZJK Industrial Co., Ltd.CONSOLIDATED BALANCE SHEETS(In U.S. dollars, except for numbers of shares data)
As of December 31,
2024
2025
ASSETS
Current assets
Cash and cash equivalents
12,255,213
14,350,959
Restricted cash
797,241
2,037,041
Short-term investments
2,559,362
2,234,078
Accounts receivable, net
10,282,857
15,974,676
Accounts receivable-due from a related party
9,165,068
11,227,799
Inventories, net
7,316,029
12,143,316
Prepaid expenses and other current assets, net
872,753
964,194
Other receivables-due from related parties
249,235
598,467
Total current assets
43,497,758
59,530,530
Non-current assets
Property, plant and equipment, net
6,668,612
12,271,875
Intangible assets, net
33,008
97,433
Operating lease right-of-use assets
1,242,524
3,574,775
Finance lease right-of-use assets
38,160
—
Long-term investment
2,747,493
3,706,080
Other non-current assets
1,146,010
347,569
Total non-current assets
11,875,807
19,997,732
TOTAL ASSETS
55,373,565
79,528,262
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Short-term bank borrowings
1,223,405
—
Accounts payable
14,998,590
18,233,194
Notes payable
1,903,194
3,803,926
Income tax payable
1,600,300
3,431,262
Accrued expenses and other current liabilities
2,051,588
3,583,457
Other payables-due to related parties
1,778,175
2,322,224
Operating lease liabilities, current
423,214
726,152
Total current liabilities
23,978,466
32,100,215
Non-current liabilities
Operating lease liabilities, non-current
755,395
2,876,209
Deferred tax liabilities
572,829
957,610
Total non-current liabilities
1,328,224
3,833,819
TOTAL LIABILITIES
25,306,690
35,934,034
Commitments and contingencies (Note 15)
Shareholders' equity
Ordinary share, $0.000016666667 par value, 3,000,000,000 shares authorized, 61,381,249 and 63,822,249 shares issued and outstanding as of December 31, 2024 and 2025, respectively*
1,023
1,063
Additional paid-in capital
7,060,050
8,977,814
Statutory surplus reserves
2,658,112
2,662,115
Retained earnings
21,951,873
32,132,905
Accumulated other comprehensive loss
(1,635,291
)
(304,868
)
Total ZJK Industrial Co., Ltd. shareholders' equity
30,035,767
43,469,029
Non-controlling interests
31,108
125,199
Total shareholders' equity
30,066,875
43,594,228
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
55,373,565
79,528,262
* The shares and per share information are presented on a retroactive basis to reflect the reorganization completed on March 28, 2023, the two share splits that occurred on June 19, 2023 and June 6, 2024, respectively.
ZJK Industrial Co., Ltd.CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME(In U.S. dollars, except for the number of shares data)
For the years ended December 31,
2023
2024
2025
Revenues
