Company: JL
Filing Date: 2025-04-03
Form Type: 20-F/A
Source: 0001213900-25-028675
Chunk: 112

Company: J-Long Group Ltd
Filing Date: 2025-04-03
Form: 20-F/A
Chunk 112
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5)  | Change in accruals and other current liabilities resulted in a cash outflow of $9,228 for the year ended March 31, 2023 compared to a cash inflow of $165,695 for the same period of 2022, which led to an approximately $175,000 increase in net cash outflow from operating activities.                         |
| (6)  | Change in contract liabilities resulted in a cash inflow of $23,454 for the year ended March 31, 2023 compared to a cash outflow of $163,669 for the same period of 2022, which led to an approximately $187,000 increase in net cash inflow from operating activities.                                           |
| (8)  | Change in tax payables resulted in a cash outflow of $216,021 for the year ended March 31, 2023 compared to a cash outflow of $305,665 for the same period of 2022, which led to an approximately $90,000 decrease in net cash outflow from operating activities.                                                 |
| (9)  | Change in inventories resulted in a cash outflow of $3,277,654 for the year ended March 31, 2023 compared to a cash outflow of $593,639 for the same period of 2022, which led to an approximately $2,684,000 increase in net cash outflow from operating activities.                                             |
| (10) | Net income of $6,656,151 in the year ended March 31, 2023 compared to net income of $4,483,642 for the same period of 2022, which led to an approximately $2,173,000 increase in net cash inflow from operating activities.                                                                                       |

Investing Activities For the year ended March 31, 2024, net cash provided by investing activities was $17, which was the result of the net off of payment of acquiring property, plant and equipment and net proceeds from redemption of marketable debt securities. For the year ended March 31, 2023, net cash provided by investing activities was $2,061,606, which was the result of the net proceeds from the acquisition and sale of property, plant and equipment and marketable debt securities. For the year ended March 31, 2022, net cash used in investing activities was $83,454, which was due to additions in furniture and fixtures. Financing Activities For the year