Financial Overview of Juli Sling Co Ltd
Company Profile
Juli Sling Co Ltd is a materials‑sector company headquartered in Baoding, China. The firm specializes in the design, manufacturing, and sale of sling products, including textile slings, steek wire rope slings, steel tie rods, cables, and metallurgy clamps. The company went public on the Shenzhen Stock Exchange on 26 January 2010 under the ticker 002342. Its website is www.julisling.com .
- Market Capitalisation: 8.24 billion CNY
- Close Price (2025‑10‑19): 8.58 CNY
- 52‑Week Range: 3.00 CNY – 9.68 CNY
- Price‑to‑Earnings Ratio: –203.8 (negative due to operating losses)
Recent Market Activity (20 October 2025)
| Item | Detail |
|---|---|
| Net Intraday Trading | The stock closed 1.44 % higher on 20 October 2025, in line with the broader mechanical‑equipment sector’s gain of 1.44 %. |
| Institutional Capital Flow | Net inflow of 9.13 billion CNY into the mechanical‑equipment industry, with 215 stocks receiving net inflows. Juli Sling is part of this industry group. |
| Two‑Funding Position | The company’s financing balance rose to 2.60 billion CNY on 20 October, an increase of 7.89 % from the previous day. This level exceeds the 70 % historical percentile and is above the 90 % percentile for the 3.17 % of the circulating market value. |
| Margin (Short‑Selling) Activity | No short‑selling activity recorded on 20 October; margin balance remained at 0 CNY. |
Sector Context
The mechanical‑equipment sector experienced a modest overall rise of 1.44 % on 20 October, supported by a net inflow of 9.13 billion CNY. While the sector’s performance was positive, the broader market saw a net outflow of 46.01 billion CNY across all industries, indicating selective investor interest. The sector’s outflows were primarily concentrated in the non‑ferrous metals and computer subsectors.
Industry‑Specific Developments
During the day, several stocks associated with the deep‑sea technology theme—including 神开股份 (Shenkai Co) and 巨力索具 (Juli Sling)—experienced sharp intraday gains. The rally was attributed to the announcement of a large‑scale marine‑economic project at the Fujian Provincial Oceanic Economic Cooperation Conference. Although Juli Sling’s own product line is not directly linked to deep‑sea technology, the positive sentiment within the broader materials and engineering equipment space may have contributed to its intraday momentum.
Key Takeaways
- Positive Intraday Movement – Juli Sling closed higher in a day that saw moderate gains across its sector.
- Strong Financing Activity – The company’s financing balance exceeded both 70 % and 90 % historical percentiles, suggesting investor confidence in a buying bias.
- Limited Short‑Selling – The absence of short‑selling activity may indicate a perception of lower downside risk during the trading session.
- Sector‑Level Support – Net institutional inflows into the mechanical‑equipment sector provide a backdrop that may support Juli Sling’s performance in the short term.
These data points offer a snapshot of Juli Sling’s recent market behavior, contextualized within broader sector dynamics and sector‑specific news events.
