朱伊特卡梅伦贸易 2026年季度报告

FORM 10-Q (MARK ONE) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 FOR THE QUARTERLY PERIOD ENDED NOVEMBER 30, 2025 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FORTHE TRANSITION PERIOD FROM ________ TO ________ COMMISSION FILE NUMBER 000-19954 JEWETT-CAMERON TRADING COMPANY LTD. (Exact Name of Registrant as Specified in its Charter) BRITISH COLUMBIA (State or Other Jurisdiction of Incorporation or Organization) 97133 32275 N.W. Hillcrest, North Plains, Oregon (Address Of Principal Executive Offices)(Zip Code) (503) 647-0110 (Registrant’s Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act: Name of Each Exchange on Which RegisteredNASDAQ Capital Market Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer Large accelerated filerNon-accelerated filer Accelerated filerSmaller Reporting CompanyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YesNo Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. CommonStock, no par value – 3,520,113 common shares as of January 14, 2026. Jewett-Cameron Trading Company Ltd. Index to Form 10-Q PART I – FINANCIAL INFORMATION Item 1.Financial Statements1Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations16Item 3.Quantitative and Qualitative Disclosures about Market Risk31Item 4.Controls and Procedures31PART II – OTHER INFORMATIONItem 1.Legal Proceedings31Item 2.Unregistered Sales of Equity Securities and Use of Proceeds32Item 3.Defaults Upon Senior Securities32Item 4.Mine Safety Disclosures32Item 5.Other Information32Item 6.Exhibits32i PART 1 – FINANCIAL INFORMATION JEWETT-CAMERON TRADING COMPANY LTD. CONSOLIDATED FINANCIAL STATEMENTS(Expressed in U.S. Dollars)(Unaudited – Prepared by Management) NOVEMBER 30, 2025 JEWETT-CAMERON TRADING COMPANY LTD.CONSOLIDATED BALANCE SHEETS(Expressed in U.S. Dollars)(Prepared by Management)(Unaudited) The accompanying notes are an integral part of these consolidated financial statements. JEWETT-CAMERON TRADING COMPANY LTD.CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY(Expressed in U.S. Dollars)(Prepared by Management)(Unaudited) NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS(Expressed in U.S. Dollars)November 30, 2025(Unaudited) 1.NATURE OF OPERATIONS Jewett-Cameron Trading Company Ltd. was incorporated in British Columbia on July 8, 1987 as a holding company for Jewett-Cameron Lumber Corporation (“JCLC”), incorporated September 1953. Jewett-Cameron Trading Company, Ltd. acquired all theshares of JCLC through a stock-for-stock exchange on July 13, 1987, and at that time JCLC became a wholly owned subsidiary.Effective September 1, 2013, the Company reorganized certain of its subsidiaries. JCLC’s name was changed to JC USA Inc. (“JCUSA”), and a new subsidiary, Jewett-Cameron Company (“JCC”), was incorporated. JC USA has the following wholly-owned subsidiaries incorporated under the laws of the State of Oregon: Jewett-Cameron SeedCompany, (“JCSC”), incorporated October 2000, Greenwood Products, Inc. (“Greenwood”), incorporated February 2002, and JCC,incorporated September 2013. Jewett-Cameron Trading Company Ltd. and its subsidiaries (the “Company”) have no significantassets in Canada. The Company, through its subsidiaries, operates out of facilities located in North Plains, Oregon. JCC’s business consists of themanufacturing and distribution of pet, fencing and other products, wholesale distribution to home centers, other retailers, on-line aswell as direct to end consumers located primarily in the United States. Greenwood is a processor and distributor of industrial woodand other specialty building products principally to customers in the marine and transportation industries in the United States. JCUSA provides professional and administrative services, including accounting and credit services, to its subsidiary companies. The Company’s operations and general workforce can be negatively affected by a number of external factors. Examples include, butare not limited to, a global pandemic and political conflict in