ZJK Industrial refutes CNBC host’s revenue claim

SHENZHEN - ZJK Industrial Co. Ltd. (NASDAQ: ZJK), a manufacturer specializing in precision parts for various high-tech sectors, has publicly corrected statements made by CNBC’s Mad Money host Jim Cramer. Contrary to Cramer’s remarks on a recent episode, ZJK Industrial has announced significant revenue growth over the past three years. The company currently maintains impressive gross profit margins of 42.77% and generates revenue of $35.89 million in the last twelve months, according to InvestingPro data.

During a segment on Mad Money, Cramer referred to ZJK’s revenues as "flat" when responding to an inquiry about the company. In response, ZJK Industrial highlighted its financial growth, citing a more than 40% revenue increase in the fiscal year ending December 31, 2024, compared to the previous year. This growth contributes to a three-year compound annual growth rate (CAGR) of over 32%. The company’s strong financial position is further evidenced by its healthy current ratio of 2.12 and minimal debt-to-equity ratio of 0.06, as reported by InvestingPro, which offers 12 additional investment tips for ZJK.

ZJK’s CEO Ning Ding expressed that while the company values the exposure from being discussed on Mad Money, the actual financial performance showing an average annual growth of more than 33% is far from the "flat" characterization suggested by Cramer.

ZJK Industrial has been in operation for over fourteen years, providing precision metal parts for industries such as artificial intelligence, consumer electronics, electric vehicles, and aerospace. The company boasts a strong customer base, advanced manufacturing equipment, and a comprehensive quality management system. With an Altman Z-Score of 11.07 indicating strong financial health and a market capitalization of $294.63 million, ZJK demonstrates solid fundamentals despite trading near its 52-week low of $4.00.

The company’s product range includes standard and precision screws and nuts, high-strength bolts, CNC machining parts, and other high-precision components. ZJK also offers technology services for research and development through its professional engineering team.

The information presented in this article is based on a press release statement from ZJK Industrial. The company has taken this opportunity to clarify its financial performance and growth trajectory, refuting the claims made on Mad Money. Investors are encouraged to review the company’s filings with the U.S. Securities and Exchange Commission for further details on its financial condition and future prospects.

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