JWEL on Nasdaq
Jowell Global
Holding company (founded 2012
Jowell Global Ltd. is a Chinese holding company which owns its predecessor Longrich and operates Juhao Mall, an e-commerce platform for cosmetics, health and nutritional supplements and household products. Juhao started operations in 2012 as one of the first membership-based online-to-offline e-commerce platforms in China.3 It is headquartered in Shanghai, China.1 Its shares trade on Nasdaq under the symbol JWEL.1 Wikipedia text CC BY-SA 4.0
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Last updated Oct 20, 2026.
Overview
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- TickerJWEL on Nasdaq1
- Industrye-commerce1
- HeadquartersShanghai, China1
- Incorporated inCayman Islands5
- Business addressFloor.2, No.285 Jiangpu Road, Yangpu District, Shanghai, F4 2001365
- Filer categoryNon-accelerated filer, Emerging growth company5
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Jowell Global Ltd. is a Chinese holding company which owns its predecessor Longrich and operates Juhao Mall, an e-commerce platform for cosmetics, health and nutritional supplements and household products.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Health And Nutritional Supplements brought in 79% of the revenue Jowell Global broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Health And Nutritional Supplements | $22.6M | $33.6M | $130.6M |
| Cosmetic Products | $55.1M | $36.3M | $23.9M |
| Household Products | $81.8M | $62.8M | $10.4M |
| Other Service Fee | $544.6K | $316.6K | $57.4K |
| Service | $544.6K | $316.6K | $9.7K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs100¢$164.5M
- Income tax0¢$478.5K
Out of $165.0M in revenue.4 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total Net Revenues | $165.0M | $133.0M | $160.0M |
| Cost of revenues | -$153.5M | -$131.7M | -$156.7M |
| Fulfillment expenses | -$8.1M | -$2.0M | -$3.0M |
| Marketing expenses | -$5.1M | -$4.6M | -$7.8M |
| General and administrative expenses | -$3.4M | -$2.7M | -$3.4M |
| Total operating expenses | -$170.0M | -$141.1M | -$170.9M |
| Loss From Operations | -$5.0M | -$8.1M | -$10.9M |
| Interest expense | -$29.7K | -$76.0K | |
| Investment loss | -$978.5K | -$169.1K | -$494.0K |
| Other income, net | $199.0K | $313.6K | $75.6K |
| Other (expense) income, net | -$779.5K | $114.8K | -$494.4K |
| Loss Before Income Taxes | -$5.8M | $8.0M | -$11.4M |
| Income Taxes Expense | $478.5K | $28.1K | $135.1K |
| Less: net income(loss) attributable to non-controlling interest | $1.1K | -$38.5K | -$52.8K |
| Net Loss Attributable to Ordinary Shareholders of Jowell Global Ltd. | -$6.3M | -$8.0M | -$11.5M |
| Loss Per share Basic (in Dollars per share) | -$2.87 | -$3.69 | -$5.38 |
| Weighted Average Shares Outstanding Diluted (in Dollars per share) | -$2.87 | -$3.69 | -$5.38 |
| Weighted Average Shares Outstanding Basic (in Shares) | 2.2M shares | 2.2M shares | 2.1M shares |
| Weighted Average Shares Outstanding Diluted (in Shares) | 2.2M shares | 2.2M shares | 2.1M shares |
| Net Loss | -$6.3M | -$8.0M | -$11.5M |
| Foreign currency translation loss | $330.1K | -$319.5K | -$897.6K |
| Total Comprehensive loss | -$5.9M | -$8.3M | -$12.4M |
| Less: comprehensive income (loss) attributable to non-controlling interest | $1.1K | -$34.6K | -$57.2K |
| Comprehensive Loss Attributable to Ordinary Shareholders of Jowell Global Ltd. | -$5.9M | -$8.3M | -$12.4M |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash | $2.7M | $2.2M | ||
| Accounts receivable | $78.3K | $2.0M | ||
| Advance to suppliers | $81.0K | $485.3K | ||
| Advance to suppliers - related parties | $5.9M | $2.8M | ||
| Inventories, net | $5.9M | $8.3M | ||
| Prepaid expenses and other current assets | $1.3M | $1.8M | ||
| Total current assets | $16.0M | $17.6M | ||
| Long-term investment | $2.8M | $3.7M | ||
| Property and equipment, net | $172.8K | $286.3K | ||
| Intangible assets, net | $1.1M | $511.7K | ||
| Right-of-use assets | $1.5M | $2.3M | ||
| Other non-current asset | $265.1K | $882.6K | ||
| Deferred tax assets | $2.2K | $477.5K | ||
| Total Assets | $21.9M | $25.8M | ||
| Accounts payable | $2.1M | $2.3M | ||
| Accounts payable - related parties | $4.8K | $70.3K | ||
| Contract liabilities | $2.3M | $2.3M | ||
| Contract liabilities - related parties | $40.0K | |||
| Deferred revenue | $240.0K | |||
| Deferred revenue - related parties | $47.3K | |||
| Current portion of operating lease liabilities | $657.9K | $702.5K | ||
| Accrued expenses and other current liabilities | $1.2M | $967.4K | ||
| Due to related parties | $2.9M | $925.1K | ||
| Taxes payable | $87.6K | $71.2K | ||
| Total current liabilities | $9.6M | $7.4M | ||
| Non-current portion of operating lease liabilities | $881.1K | $1.5M | ||
| Total liabilities | $10.4M | $8.9M | ||
| Common stock, $0.0016 par value, 450,000,000 shares authorized, 2,376,131 and 2,170,475 issued and outstanding at December 31, 2025 and 2024, respectively* | $3.8K | $3.5K | ||
| Preferred stock, $0.0016 par value, 50,000,000 shares authorized, 46,875 issued and outstanding at December 31, 2025 and 2024, respectively* | $75 | $75 | ||
| Additional paid-in capital | $53.2M | $52.7M | ||
| Statutory reserves | $394.5K | $394.5K | ||
| Accumulated deficit | -$40.3M | -$34.0M | ||
| Accumulated other comprehensive loss | -$1.8M | -$2.2M | ||
| Total Jowell Global Ltd. Stockholders Equity | $11.5M | $16.9M | ||
| Non-controlling interest | -$1.1K | |||
| Total Stockholders Equity | $11.5M | $16.9M | $25.2M | $37.5M |
| Total Liabilities and Stockholders Equity | $21.9M | $25.8M | ||
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in Shares) | 450.0M shares | 450.0M shares | ||
| Common stock, shares issued (in Shares) | 2.4M shares | 2.2M shares | ||
| Common stock, shares outstanding (in Shares) | 2.4M shares | 2.2M shares | ||
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in Shares) | 50.0M shares | 50.0M shares | ||
| Preferred stock, shares issued (in Shares) | 46.9K shares | 46.9K shares | ||
| Preferred stock, shares outstanding (in Shares) | 46.9K shares | 46.9K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash | $2.7M | $2.2M | ||
| Accounts receivable | $78.3K | $2.0M | ||
| Advance to suppliers | $81.0K | $485.3K | ||
| Advance to suppliers - related parties | $5.9M | $2.8M | ||
| Inventories, net | $5.9M | $8.3M | ||
| Prepaid expenses and other current assets | $1.3M | $1.8M | ||
| Total current assets | $16.0M | $17.6M | ||
| Long-term investment | $2.8M | $3.7M | ||
| Property and equipment, net | $172.8K | $286.3K | ||
| Intangible assets, net | $1.1M | $511.7K | ||
| Right-of-use assets | $1.5M | $2.3M | ||
| Other non-current asset | $265.1K | $882.6K | ||
| Deferred tax assets | $2.2K | $477.5K | ||
| Total Assets | $21.9M | $25.8M | ||
| Accounts payable | $2.1M | $2.3M | ||
| Accounts payable - related parties | $4.8K | $70.3K | ||
| Contract liabilities | $2.3M | $2.3M | ||
| Contract liabilities - related parties | $40.0K | |||
| Deferred revenue | $240.0K | |||
| Deferred revenue - related parties | $47.3K | |||
| Current portion of operating lease liabilities | $657.9K | $702.5K | ||
| Accrued expenses and other current liabilities | $1.2M | $967.4K | ||
| Due to related parties | $2.9M | $925.1K | ||
| Taxes payable | $87.6K | $71.2K | ||
| Total current liabilities | $9.6M | $7.4M | ||
| Non-current portion of operating lease liabilities | $881.1K | $1.5M | ||
| Total liabilities | $10.4M | $8.9M | ||
| Common stock, $0.0016 par value, 450,000,000 shares authorized, 2,376,131 and 2,170,475 issued and outstanding at December 31, 2025 and 2024, respectively* | $3.8K | $3.5K | ||
| Preferred stock, $0.0016 par value, 50,000,000 shares authorized, 46,875 issued and outstanding at December 31, 2025 and 2024, respectively* | $75 | $75 | ||
| Additional paid-in capital | $53.2M | $52.7M | ||
| Statutory reserves | $394.5K | $394.5K | ||
| Accumulated deficit | -$40.3M | -$34.0M | ||
| Accumulated other comprehensive loss | -$1.8M | -$2.2M | ||
| Total Jowell Global Ltd. Stockholders Equity | $11.5M | $16.9M | ||
| Non-controlling interest | -$1.1K | |||
| Total Stockholders Equity | $11.5M | $16.9M | $25.2M | $37.5M |
| Total Liabilities and Stockholders Equity | $21.9M | $25.8M | ||
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in Shares) | 450.0M shares | 450.0M shares | ||
| Common stock, shares issued (in Shares) | 2.4M shares | 2.2M shares | ||
| Common stock, shares outstanding (in Shares) | 2.4M shares | 2.2M shares | ||
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in Shares) | 50.0M shares | 50.0M shares | ||
| Preferred stock, shares issued (in Shares) | 46.9K shares | 46.9K shares | ||
| Preferred stock, shares outstanding (in Shares) | 46.9K shares | 46.9K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$6.3M | -$8.0M | -$11.5M |
| Depreciation and amortization | $211.5K | $530.9K | $479.1K |
| Loss from long-term investment | $978.5K | $105.5K | $478.4K |
| Allowance for credit losses | $442.0K | $443.0K | $507.8K |
| Reversal of credit losses | -$778.8K | -$338.7K | |
| Loss form termination of right-of use assets | $819.8K | $1.1M | |
| Amortization of right-of-use assets | $642.3K | $1.4M | $1.3M |
| (Reversal) allowance for inventory obsolescence | -$117.1K | $235.7K | -$438.9K |
| Deferred income taxes | $478.4K | $30.6K | $129.8K |
| Share-based compensation | $489.5K | $129.7K | |
| Property and equipment written off | $96.9K | $49.9K | |
| Accounts receivables | $1.7M | $438.1K | $3.2M |
| Accounts receivable - related Parties | $46.8K | $232.2K | |
| Inventories | $2.7M | -$501.9K | $5.2M |
| Advance to suppliers | $261.7K | $3.2M | $18.1M |
| Advance to suppliers - related parties | -$3.0M | $7.0M | -$9.9M |
| Prepaid expenses and other current assets | $533.1K | -$447.8K | $241.8K |
| Accounts payables | -$245.4K | -$1.6M | -$2.4M |
| Accounts payables - related parties | -$65.9K | -$122.8K | -$1.6M |
| Contract liabilities | $170.9K | $50.1K | -$15.7M |
| Operating lease liabilities | -$1.4M | -$2.6M | -$1.2M |
| Taxes payable | $14.6K | $13.9K | -$41.7K |
| Accrued expenses and other liabilities | $124.6K | $101.8K | -$295.9K |
| Net cash (used in) provided by operating activities | -$1.5M | $790.2K | -$13.5M |
| Long-term investment in an equity method investee | -$25.5K | ||
| Purchase of intangible assets | -$6.4K | -$4.9K | |
| Purchase of equipment | -$12.4K | -$117.6K | -$12.0K |
| Net cash used in investing activities | -$12.4K | -$124.0K | -$42.4K |
| Proceeds from short-term loans | $425.7K | ||
| Repayment of short-term loans | -$421.2K | -$2.4M | |
| Proceeds from related party loans | $2.6M | $403.2K | $353.8K |
| Repayment of related party loans | -$569.5K | ||
| Net cash provided by (used in) financing activities | $2.0M | -$18.0K | -$1.6M |
| Effect of exchange rate changes on cash | $107.7K | $286.4K | -$300.6K |
| Net increase (decrease) in cash | $555.9K | $934.6K | -$15.5M |
| Cash paid for income tax | $103 | $2.7K | |
| Cash paid for interest | $29.7K | $76.0K | |
| Cash paid in prior year for purchase of fixed assets | $11.9K | $93.2K | |
| Long-term deferred expenses converted to intangible assets | $627.4K | ||
| Lease liabilities arising from obtaining right-of-use assets | $635.6K | $2.9M | $16.8K |
No quarter-by-quarter statement was filed.
Corporate structure
Jowell Global sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Jowell Global
- Zhiwei Xu Filed SC 13G on Jowell Global, latest Feb 14, 2022
- Jowell Global Shanghai, China
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Jowell Global reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $889.6K4 Dec 31, 2025 | $740.2K4 Dec 31, 2024 | +20.2% |
| Property and equipment, net | $172.8K4 Dec 31, 2025 | $286.3K4 Dec 31, 2024 | −39.6% |
| Operating-lease assets (leased space) | $1.5M4 Dec 31, 2025 | $2.3M4 Dec 31, 2024 | −33.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $2.7M4 Dec 31, 2025 | $2.2M4 Dec 31, 2024 | +25.4% |
| Long-term investments | $2.8M4 Dec 31, 2025 | $3.7M4 Dec 31, 2024 | −24.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, gross | $1.8M4 Dec 31, 2025 | $1.2M4 Dec 31, 2024 | +56.2% |
| Accumulated amortization | $767.3K4 Dec 31, 2025 | $669.8K4 Dec 31, 2024 | +14.6% |
| Finite-lived intangibles, net | $1.1M4 Dec 31, 2025 | $511.7K4 Dec 31, 2024 | +110.8% |
Inventory
Leadership
Who has led Jowell Global, and when. Pick a name to see everywhere that person has worked.
- Chief executive officerHaiting Li Mar 27, 2026 to now11
- Chief financial officerLu Qian Mar 27, 2026 to now12
Board members and other officers (2)
- Board memberYuyun Tristan Kuo Mar 17, 2026 to now13
- Board memberHaiting Li Mar 27, 2026 to now11
Timeline
- Mar 27, 2026New chief executive Haiting Li becomes CEO11
Filings
61 filings to the SEC since October 2021: 5 annual reports, 6 insider forms, 1 large holders, 49 other. The latest 20:
- Jun 17, 2026S-8 POS POST-EFFECTIVE AMENDMENT NO. 2 TO FORM S-8 EDGAR
- Jun 10, 2026S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 EDGAR
- May 15, 2026S-8 REGISTRATION STATEMENT EDGAR
- Apr 30, 202620-F ANNUAL REPORT EDGAR
- Apr 13, 20263 EDGAR
- Apr 3, 20263 EDGAR
- Mar 27, 20263 EDGAR
- Mar 27, 20263 EDGAR
- Mar 27, 20263 EDGAR
- Mar 17, 20263 EDGAR
- Dec 30, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Nov 17, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Oct 20, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 8, 2025EFFECT EDGAR
- Sep 4, 2025CORRESP EDGAR
- Sep 3, 2025UPLOAD EDGAR
- Aug 26, 2025F-3 REGISTRATION STATEMENT EDGAR
- May 9, 202520-F ANNUAL REPORT EDGAR
- Apr 30, 2025NT 20-F NOTIFICATION OF LATE FILING EDGAR
- Dec 19, 20246-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
The 61 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Zhiwei XuSC 13G, 1 filing Feb 14, 202214
SEC filer profile
How Jowell Global is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARJowell Global Ltd.2
- CIK0001805594
- Filer statusNon-accelerated filer an emerging growth company; not a shell company15
- Incorporated inCayman Islands15
- Fiscal year endsDecember 312
- Industry code (SIC)5960 Retail-Nonstore Retailers2
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
- Business addressFloor.2, No.285 Jiangpu Road, Yangpu District, Shanghai, F4 2001362
- Phone01186 21552162562
- Shares outstanding2,376,131 shares as of Dec 31, 202515
- AuditorEnrome LLP, Singapore PCAOB ID 6907; no auditor attestation of internal control over financial reporting15
- On EDGAR sinceJul 13, 20202
- Filings96 in all: 6-K (35), CORRESP (14), UPLOAD (8), 20-F (6), 3 (6), NT 20-F (4), EFFECT (3), F-1/A (2)2
All 22 form types
F-3 (2), F-3/A (2), S-8 (2), S-8 POS (2), 424B4 (1), 424B5 (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), F-1 (1), FWP (1), SC 13G (1)
- Latest filingsAnnual report (20-F) Apr 30, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary Shares, par value $0.0016 | JWEL | Nasdaq |
From the cover page of the 20-F filed Apr 30, 2026 (Section 12(b) of the Exchange Act).15
Links
- WikipediaJowell Global
- WikidataQ108415683
- SEC EDGARCIK 1805594
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataJowell Global on Wikidata
- 2SEC EDGARJowell Global filings on SEC EDGAR
- 3WikipediaJowell Global on Wikipedia
- 4SEC EDGARJowell Global 10-K for fiscal 2025
- 5SEC EDGARJowell Global filings on SEC EDGAR
- 6SEC EDGARJowell Global 10-K for fiscal 2018
- 7SEC EDGARJowell Global 10-K for fiscal 2019
- 8SEC EDGARJowell Global 10-K for fiscal 2020
- 9SEC EDGARJowell Global 10-K for fiscal 2021
- 10SEC EDGARJowell Global 10-K for fiscal 2022
- 11SEC EDGARHaiting Li, Chief executive officer
- 12SEC EDGARLu Qian, Chief financial officer
- 13SEC EDGARYuyun Tristan Kuo, Board member
- 14SEC EDGARZhiwei Xu SC 13G on Jowell Global
- 15