QLUNF Qilun Group Inc.

Overview and Growth

Qilun Group Inc. generated $7.06M of revenue in fiscal 2022, with net income of $1.04M and an operating cash inflow of $6.12M. The $7.06M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 364.7% above fiscal 2021 revenue of $1.52M, marking a year-over-year increase. The company employed $15.34M of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 0.46x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $5.20M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 73.7% of revenue, quantifying the portion retained before operating expenses were recognized. Operations produced $1.37M of income after the reported operating expense base, before the remaining non-operating and tax effects. The operating result equaled 19.4% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. Net income came to $1.04M, completing the progression from revenue through gross and operating profitability to the final reported result. The final earnings result represented 14.7% of revenue, connecting the absolute net income figure with the company’s top-line scale. The earnings statement records $1.44M of pretax income, the profit base against which the reported tax provision can be assessed. Measured against revenue, pretax income equaled 20.4%, adding a pre-tax profitability layer between revenue and net income. The reported income-tax provision was $406.79K, the amount recognized between pretax income and the final net-income result. The effective relationship between income tax and positive pretax income was 28.2%, without assuming a statutory-rate comparison. Return on period-end equity was 16.3%, relating annual net income to the equity capital on the balance sheet. Return on period-end assets was 6.8%, connecting net income with the company’s total asset base.

Liquidity and Capital Structure

Total assets were $15.34M, supported by $9.00M of liabilities and $6.35M of shareholder equity. Current assets were $14.94M against $5.44M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 2.75x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Cash and equivalents totaled $11.95M, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 219.7% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The liabilities-to-assets relationship was 58.6%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 77.9% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $2.49M in fiscal 2021, the current asset base moved 515.5% and finished higher. Cash and equivalents were 576.2% higher than fiscal 2021 cash of $1.77M, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Cash flow from operations was $6.12M, a reported cash inflow that can be compared directly with net income and capital spending. Operating cash flow equaled 5.9x of net income, showing how strongly accounting earnings converted into cash from operations. Capital expenditures used $289.53K, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 4.7% of operating cash flow, leaving the remainder available as free cash flow. After capital spending, free cash flow was $5.83M, leaving cash available for debt reduction, shareholder returns, or further investment. Free cash flow represented 82.6% of revenue, linking post-investment cash generation with the company’s operating scale. The free-cash-flow-to-assets relationship was 38.0%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2022. Analysis generated Sep 24, 2026.