JX Luxventure Group Inc.
Business
JX Luxventure Group Inc. is a Marshall Islands holding company that conducts substantially all operations in China, focusing on tourism and cross-border merchandise businesses. It offers airline tickets and luxury travel packages, technology solutions for tourism cross-border operations (software licensing and consulting), and wholesale cross-border duty‑free and consumer merchandise with logistics and supply‑chain support. The company reports three operating segments: Airline Tickets and Tourism Services, Technology Solution for Tourism Cross‑Border Operations, and Tourism Cross‑border Merchandise. It distributes products and services primarily through Chinese online and offline channels, strategic partners, e‑commerce and live‑stream platforms, and wholesale trade networks within China.
Summary from filing dated 2025-05-15
Financials
Consolidated Statement of Income
| Concept | Trend | Dec 31, 2025 2025-12-31 | Dec 31, 2024 2024-12-31 | Dec 31, 2023 2023-12-31 |
|---|---|---|---|---|
| Revenue | 83 | 50 | 32 | |
| Cost of sales | 73 | 41 | 26 | |
| Gross profit | 10 | 8 | 5 | |
| Other income | 35,664 | 69,113 | 71,408 | |
| Other losses, net | 69,682 | 107,384 | 342,954 | |
| Distribution and selling expenses | 8 | 3 | 58,981 | |
| Administrative expenses | 14 | 2 | 2 | |
| (Loss)/profit from operations | −11 | 4 | 3 | |
| Finance costs | 41,171 | 13,895 | 5,187 | |
| (Loss)/profit before tax | −11 | 4 | 3 | |
| Income tax expense | 60,250 | 744,225 | — | |
| (Loss)/profit for the year | −11 | 3 | 3 | |
| Non-controlling interest | 18 | 27 | — | |
| (Loss)/profit attributed to shareholders | −11 | 3 | 3 | |
| Other comprehensive loss | — | — | — | |
| - currency translation differences | 1 | −472,993 | −214,977 | |
| Total comprehensive (loss)/income for the year | −10 | 3 | 3 | |
| - Basic (in Dollars per share) | −17.71 | 27.14 | 30.12 | |
| - Diluted (in Dollars per share) | −17.71 | 12.9 | 28.69 | |
| - Basic (in Shares) | 621,322 | 113,278 | 101,054 | |
| - Diluted (in Shares) | 621,322 | 237,911 | 106,104 |
Consolidated Balance Sheet
| Concept | Trend | Dec 31, 2025 2025-12-31 | Dec 31, 2024 2024-12-31 |
|---|---|---|---|
| Statement of financial position [abstract] | — | — | |
| Non-current assets | — | — | |
| Property, plant and equipment | 2 | 2 | |
| Intangible assets | 16 | 16 | |
| Right of use assets | 4,364 | 11,868 | |
| Non-current assets | 18 | 18 | |
| Current assets | — | — | |
| Trade receivables | — | 102 | |
| Other receivables and prepayments | 24 | 10 | |
| Cash and cash equivalents | 700,727 | 1 | |
| Total current assets | 25 | 12 | |
| Total assets | 43 | 30 | |
| Current liabilities | — | — | |
| Short-term loan | 2 | 2 | |
| Note payable | 2 | — | |
| Trade and other payables | 7 | 3 | |
| Income tax payable | 826,041 | 733,666 | |
| Due to related parties | 7 | 4 | |
| Contract liability | 205,079 | — | |
| Lease liabilities – current portion | 4,454 | 7,477 | |
| Total current liabilities | 19 | 9 | |
| Non-current liabilities | — | — | |
| Lease liabilities – non-current portion | — | 4,463 | |
| Total non-current liabilities | — | 4,463 | |
| Total liabilities | 19 | 9 | |
| Equity | — | — | |
| Share capital | 143 | 899 | |
| Series A equity interest with preferential rights | 1 | 1 | |
| Series C equity interest with preferential rights | 2 | 2 | |
| Series D equity interest with preferential rights | 3 | 3 | |
| Series E equity interest with preferential rights | — | 2 | |
| Series F equity interest with preferential rights | 480,000 | — | |
| Share premium | 94 | 79 | |
| Other reserve | 6 | 6 | |
| Accumulated deficit | −82 | −71 | |
| Foreign currency translation reserve | 158,401 | −1 | |
| Shareholders’ equity | 24 | 21 | |
| Non-controlling interests | −45 | −27 | |
| Total equity | 24 | 21 | |
| Total liabilities and equity | 43 | 30 |
Consolidated Statement of Cash Flows
| Concept | Trend | Dec 31, 2025 2025-12-31 | Dec 31, 2024 2024-12-31 | Dec 31, 2023 2023-12-31 |
|---|---|---|---|---|
| Statement of cash flows [abstract] | — | — | — | |
| OPERATING ACTIVITIES | — | — | — | |
| (Loss)/profit for the year | −11 | 3 | 3 | |
| Adjustments for: | — | — | — | |
| Share-based compensation | 9 | 147,000 | — | |
| Finance cost | 41,171 | 13,895 | 5,187 | |
| Interest income | 338 | 557 | 595 | |
| Depreciation of property, plant and equipment | 242,114 | 285,019 | 286,334 | |
| Amortization of intangible assets | 5 | 3 | — | |
| Amortization of right of use assets | 7,469 | 3,109 | — | |
| Impairment loss of intangible assets | 995,821 | — | — | |
| Loss on disposal of property, plant and equipment | 39,168 | 106,686 | — | |
| Loss on disposal of subsidiary | — | — | −342,953 | |
| Operating cash flows before movements in working capital | 5 | 6 | 4 | |
| (Increase)/decrease in trade and other receivables | −13 | 1 | −10 | |
| Decrease in inventories | — | — | 433,870 | |
| Increase/(decrease) in trade and other payables | 4 | −749,975 | 1 | |
| Increase in tax payables | −49,323 | −737,679 | −45,328 | |
| NET CASH (USED IN)/GENERATED FROM OPERATING ACTIVITIES | −4 | 8 | −5 | |
| INVESTING ACTIVITIES | — | — | — | |
| Interest received | 338 | 557 | 595 | |
| Proceeds from long-term receivable | — | — | 3 | |
| Cash decrease due to disposal of a subsidiary | — | — | −374,556 | |
| Proceeds on disposal of property, plant and equipment | 33,113 | 239,291 | — | |
| Purchase of property, plant and equipment | — | 396,710 | 440 | |
| Purchase of intangible assets | 6 | 12 | — | |
| NET CASH (USED IN)/GENERATED FROM INVESTING ACTIVITIES | −6 | −12 | 3 | |
| FINANCING ACTIVITIES | — | — | — | |
| Proceeds on bank loans | 2 | 2 | 1 | |
| Repayment of borrowings | −2 | — | — | |
| Interest paid | 41,171 | 13,895 | 5,187 | |
| Advance from related party | 9 | 3 | 748,869 | |
| Repayment of lease liabilities | 7,450 | 3,038 | — | |
| NET CASH GENERATED FROM FINANCING ACTIVITIES | 9 | 5 | 2 | |
| NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS | −526,513 | 837,533 | −19,959 | |
| Effects of currency translation | 42,784 | −60,388 | −93,646 | |
| CASH AND CASH EQUIVALENTS AT END OF YEAR | — | — | — | |
| CASH AND CASH EQUIVALENTS AT END OF YEAR | — | — | — |