J-Long GroupJL -0.51%24 Net Current Asset Value is $3.02 as of Sep. 2025, which is 69% above its 10-year median of 1.79. GuruFocus rates JL with a GF Score™ of 24/100. Among 628 Manufacturing - Apparel & Accessories companies, J-Long Group ranks better than 65.92% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
J-Long Group's net current asset value per share for the quarter that ended in Sep. 2025 was $3.02.
The historical rank and industry rank for J-Long Group's Net Current Asset Value or its related term are showing as below:
JL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.33 Med: 1.79 Max: 4.15
Current: 1.97
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of J-Long Group was 4.15. The lowest was 1.33. And the median was 1.79.
JL's Price-to-Net-Current-Asset-Value is ranked better than 65.92% of 628
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.005
vs JL: 1.97
J-Long Group (NAS:JL) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
J-Long Group Net Current Asset Value Related Terms
J-Long Group Net Current Asset Value Historical Data
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The historical data trend for J-Long Group's Net Current Asset Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
JL vs NCI, XELB, PMNT: Net Current Asset Value Comparison
For the Apparel Manufacturing subindustry, J-Long Group's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
J-Long Group Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, J-Long Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where J-Long Group's Price-to-Net-Current-Asset-Value falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Net Current Asset Value of $3.02 mean?
J-Long Group (JL) has a Net Current Asset Value of $3.02 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on J-Long Group and its competitors. This is 69% above median its historical median of 1.79. Over the past decade, J-Long Group's Net Current Asset Value has ranged from 1.33 to 4.15. According to the industry distribution chart, J-Long Group ranks #214 out of 628 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 34.1%.
Is J-Long Group's Net Current Asset Value too high?
J-Long Group's current Net Current Asset Value of $3.02 is 69% above median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 4.15. The Manufacturing - Apparel & Accessories industry median Net Current Asset Value is 3.01. J-Long Group's value of $3.02 is 0.5% above this industry median. Based on the distribution chart, J-Long Group ranks #214 out of 628 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, J-Long Group has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does J-Long Group's Net Current Asset Value compare to NCI and XELB?
According to the Manufacturing - Apparel & Accessories industry distribution chart, J-Long Group ranks #214 out of 628 companies for Net Current Asset Value. This puts J-Long Group in the upper half of its industry. The industry median Net Current Asset Value is 3.01. J-Long Group's value of $3.02 is 0.5% above this benchmark. Historically, J-Long Group's own Net Current Asset Value has ranged from 1.33 to 4.15 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 3.01, J-Long Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Manufacturing - Apparel & Accessories company?
The median Net Current Asset Value among Manufacturing - Apparel & Accessories companies is 3.01, based on 628 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. J-Long Group's current Net Current Asset Value of $3.02 is 0.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on J-Long Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J-Long Group's current Net Current Asset Value is $3.02, which is 69% above median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-Long Group stock overvalued right now?
J-Long Group (JL) has a current Net Current Asset Value of $3.02. The current Net Current Asset Value is $3.02, which is 69% above median its 10-year median of 1.79 and 0.5% above the Manufacturing - Apparel & Accessories industry median of 3.01. J-Long Group's overall GF Score™ is 24/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For J-Long Group (JL), the current Net Current Asset Value is $3.02 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
J-Long Group Ltd is an established distributor in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers and drawcords. It also offers a wide range of apparel solution services to cater to its customers' needs for reflective and non-reflective garment trims, ranging from market trend analysis, product design and development and production to quality control. The company operates in Asia (excluding other than Hong Kong and China), Hong Kong, China, and Others (Non-Asian).
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