Jin Medical International Ltd.
Sector: Orthopedic, Prosthetic & Surgical Appliances & SuppliesIndustry: Medical - Instruments & SuppliesCountry: CNExchange: Nasdaq
DilutionScan read 28 of Jin Medical International Ltd.'s SEC filings and found 1 shelf registration and 3 completed offerings on file for ZJYL. The latest dilution event on file is an offering on Sep 24, 2026. Analysis updated Oct 6, 2026.
Signal8 Summary
ZJYL
Reverse split and massive dilution
Snapshot
ZJYL is a tiny medical equipment maker whose business is shrinking. FY 2025 revenue fell 12% to $20.7M and net income dropped to $1.2M. The company holds a healthy cash balance of $29.6M against $18.9M in debt, but it recently executed a 1-for-20 reverse split.
What's Happening Right Now
- : Revenue fell 9.7% year-over-year to $8.9M in the first half of fiscal 2026, swinging to a net loss.
- : Shareholders approved a $105M stock acquisition of a dormant company and increased Class B voting rights to 800 votes per share.
- : The company dismissed its auditor without the Audit Committee's recommendation and engaged a new firm.