JRsis Health Care Corp
jhcc.cnNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2024 10-Q, filed Dec 20, 2024. Its latest SEC filing is a 15-12G from Mar 3, 2025.
10-Q for Q3 FY2024, filed Dec 20, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Builds and sells smart medicine vending equipment and software systems for pharmacies, hospitals and government health projects.
10-K for FY2023, filed Apr 26, 2024Yongzhou Jumi was organized in 2018 in Yongzhou City in the Hunan Province of China and is a subsidiary of Guangzhou Jumi. Yongzhou Jumi is…View ↗
The core business of Yongzhou Jumi is the development and marketing of a multi-faceted smart environment for the retail distribution of…View ↗
Based on techniques we owned and our plants and equipment we operated in China, we can provide our customers with services to customize…View ↗
Currently, all our operations are conducted in the People’s Republic of China (“the PRC”). Our customers of our products and service…View ↗
How Did They Make Money?
Sells self-made intelligent terminals and provides installation, maintenance, design and development services for intelligent systems; a related-party reseller buys machines and pays case by case for services at negotiated rates.
10-K for FY2023, filed Apr 26, 2024
$3.5M
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10-K for FY2023, filed Apr 26, 2024
$3.5M ↗
Who Were Their Customers?
Customers include government health projects, hospitals, pharmacies and other health-sector businesses. Sales go through a direct sales force and sales agents; a related-party reseller also buys machines and resells them.
10-K for FY2023, filed Apr 26, 2024Currently, all our operations are conducted in the People’s Republic of China (“the PRC”). Our customers of our products and service…View ↗
Yongzhou Jumi markets its products through a direct sales force and through sales agents. Each of the following sales agents was…View ↗
The Company derived its revenues from both third-party customers and related party customer. Guangzhou JIE, the legal parent of Yongzhou…View ↗
10-K for FY2023, filed Apr 26, 2024
For the year ended December 31, 2022, there was one customer accounted for 10% or more of the Company’s total revenues, which amount to…View ↗
Did Revenues Turn Into Profits?
Not on paper. It lost $80.9K in FY2023, but brought in more cash than it spent: $515.2K of free cash flow.
10-K for FY2023, filed Apr 26, 2024
−$188.6KView ↗
10-K for FY2023, filed Apr 26, 2024
−$80.9KView ↗
10-K for FY2023, filed Apr 26, 2024
$515.2KView ↗
How Were They Changing?
Shrank. Revenue fell 89% in 4 years, from $31.5M in FY2019 to $3.5M in FY2023, about 42% a year.
From hospital care to medical technology
Earlier reports describe operating hospitals that treated patients and sold pharmaceuticals; the latest report describes developing and selling smart medicine equipment and related software and services.
10-K for FY2020, filed Apr 15, 2021 10-K for FY2023, filed Apr 26, 2024Yongzhou Jumi was organized in 2018 in Yongzhou City in the Hunan Province of China and is a subsidiary of Guangzhou Jumi. Yongzhou Jumi is…View ↗
The core business of Yongzhou Jumi is the development and marketing of a multi-faceted smart environment for the retail distribution of…View ↗
Based on techniques we owned and our plants and equipment we operated in China, we can provide our customers with services to customize…View ↗
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