$JZ

Jianzhi Education Technology Group Co Ltd

CIK:0001852440|SEC Filings

Consolidated Statements of Loss and Comprehensive Loss	12 Months Ended
Consolidated Statements of Loss and Comprehensive Loss	Dec. 31, 2025 CNY (¥) ¥ / shares shares	Dec. 31, 2025 USD ($) $ / shares shares	Dec. 31, 2024 CNY (¥) ¥ / shares shares	Dec. 31, 2023 CNY (¥) ¥ / shares shares
Income Statement [Abstract]
Net revenues	¥ 70,179,033	$ 10,035,468	¥ 248,831,457	¥ 440,536,632
Cost of revenues	(57,760,468)	(8,259,637)	(201,991,119)	(424,345,616)
Gross profit	12,418,565	1,775,831	46,840,338	16,191,016
Operating expenses:
Sales and marketing expenses	5,717,156	817,542	6,872,836	7,590,244
General and administrative expenses	20,419,861	2,918,361	54,573,795	22,186,942
Research and development expenses	3,220,460	460,520	5,774,688	11,761,358
Impairment of long-term prepayments				155,307,333
Impairment of intangible assets				4,641,741
Impairment of educational contents				197,466,973
Total operating expenses	29,357,477	4,196,423	67,221,319	398,954,591
Loss from operations	(16,938,912)	(2,420,592)	(20,380,981)	(382,763,575)
Other income (expenses):
Investment income	75,381	10,779	441,949	600,375
Interest (expenses) income, net	3,494	500	(551,716)	(1,357,399)
Other (expenses) income, net	887,195	126,867	(313,680)	(41,621)
Government grants	12,443	1,780	247,005	960,224
Total other income (loss), net	978,513	139,926	(176,442)	161,579
Loss before income tax	(15,960,399)	(2,280,666)	(20,557,423)	(382,601,996)
Income tax expense	(339,660)	(48,571)	(12,853,549)	(211,267)
Net loss	(16,300,059)	(2,329,237)	(33,410,972)	(382,813,263)
Net (loss) income attributable to noncontrolling interests	(561,372)	(80,275)	102,543	(9,312,526)
Net loss attributable to the Jianzhi Education Technology Group Company Limited’s shareholders	(15,738,687)	(2,248,962)	(33,513,515)	(373,500,737)
Net loss	(16,300,059)	(2,329,237)	(33,410,972)	(382,813,263)
Other comprehensive income:
Foreign currency translation adjustments	(1,290,943)	(184,602)	164,691	3,575,835
Total comprehensive loss	(17,591,002)	(2,513,839)	(33,246,281)	(379,237,428)
Net comprehensive (loss) income attributable to noncontrolling interests	(561,372)	(80,275)	102,543	(9,312,526)
Comprehensive loss attributable to the Jianzhi Education Technology Group Company Limited’s shareholders	¥ (17,029,630)	$ (2,433,564)	¥ (33,348,824)	¥ (369,924,902)
Loss per share
Basic (in Dollars per share and Yuan Renminbi per share) \| (per share)	¥ (0.08)	$ (0.01)	¥ (0.24)	¥ (3.08)
Diluted (in Dollars per share and Yuan Renminbi per share) \| (per share)	¥ (0.08)	$ (0.01)	¥ (0.24)	¥ (3.08)
Weighted average number of shares
Basic (in Shares)	208,200,411	208,200,411	138,018,033	121,110,000
Diluted (in Shares)	208,200,411	208,200,411	138,018,033	121,110,000

Consolidated Statements of Cash Flows	12 Months Ended
Consolidated Statements of Cash Flows	Dec. 31, 2025 CNY (¥)	Dec. 31, 2025 USD ($)	Dec. 31, 2024 CNY (¥)	Dec. 31, 2023 CNY (¥)
Cash flows from operating activities:
Net loss	¥ (16,300,059)	$ (2,329,237)	¥ (33,410,972)	¥ (382,813,263)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation of property and equipment	45,218	6,466	50,105	40,984
Loss from disposal of property and equipment	13,965	1,997	6,651	6,486
Loss from dissolution of a subsidiary				2,125,365
Amortization of educational contents	621,198	88,830		53,922,689
Impairment of educational contents				197,466,973
Impairment of long-term prepayments				155,307,333
Amortization of intangible assets	301,886	43,169	301,886	2,074,929
Impairment of intangible assets				4,641,741
Share based compensation	10,188,784	1,419,500	40,292,616
Amortization of operating lease right-of-use assets	946,453	135,341	2,136,875	1,745,000
Deemed interest expenses on shareholder contribution			504,859	1,347,705
Provision (reversal of provision) for credit losses	(1,638,935)	(234,365)	1,096,290	1,452,422
Deferred tax expense	331,041	47,338	8,461,370	211,267
Changes in operating assets and liabilities:
Accounts receivable	15,333,292	2,192,632	(32,363,355)	11,218,018
Prepaid expenses and other current assets	(1,266,360)	(181,087)	(2,278,969)	(10,917,270)
Due from related parties	864,355	123,601	297,487
Short-term prepayments	325,220	46,506	77,550,482	176,543,547
Other non-current assets	22,258	3,183	18,877	(219,417)
Accounts payable	(15,526,356)	(2,220,239)	25,953,757	3,487,900
Salary and welfare payable	(395,132)	(56,503)	(1,126,154)	867,609
Contract liabilities	(895,603)	(128,070)	(80,661,767)	(203,296,033)
Income taxes payable	3,058	437	2,643,645	3,531,193
VAT and other tax payable	(65,026)	(9,299)	3,626,950	(1,865,172)
Due to related parties	(412,881)	(59,042)
Other payables	(1,297,617)	(185,557)	(494,787)	111,409
Lease liabilities	(944,141)	(135,010)	(2,097,376)	(1,831,459)
Net cash provided by (used in) operating activities	(9,745,382)	(1,429,409)	10,508,470	15,159,956
Cash flows from investing activities:
Purchase of short-term investments	(6,942,743)	(992,799)	(11,536,000)	(22,155,849)
Proceeds from redemption of short-term investment	6,872,746	982,790	11,232,937	22,011,955
Purchase of property and equipment	(8,576)	(1,226)	(17,598)	(106,959)
Proceeds from disposal of property and equipment	2,673	382
Return of deposits for property and equipment			1,801,976
Repayment of loans from a related party				70,453
Purchase of educational contents				(54,985,130)
Prepayment for educational contents	(35,394,617)	(5,061,363)	(18,200,000)
Return of prepayment for educational contents	6,956,543	994,772
Net cash used in by investing activities	(28,513,974)	(4,077,444)	(16,718,685)	(55,165,530)
Cash flows from financing activities:
Borrowing from a third party			7,000,000
Borrowing from related parties			1,121,435	452
Repayment to related parties	(1,400,000)	(200,197)	(7,360,488)	(7,248,140)
Net proceeds raised in connection with private placement	35,434,375	4,930,000
Net cash (used in) provided by financing activities	34,034,375	4,729,803	760,947	(7,247,688)
Effect of exchange rate changes on cash held in foreign currencies	(68,028)	163,158	(265,309)	373,943
Net decrease in cash	(4,293,009)	(613,892)	(5,714,577)	(46,879,319)
Cash at beginning of the year	12,461,382	1,781,954	18,175,959	65,055,278
Cash at end of the year	8,168,373	1,168,062	12,461,382	18,175,959
Supplemental disclosures of cash flows information:
Cash paid for income taxes	5,559	795	128,670	30,032
Cash paid for interest expenses
Non-cash Investing and Financing activities:
Waive of liabilities due by shareholders			40,180,548
Right-of-use assets obtained in exchange for operating lease liabilities	¥ 187,199	$ 26,769	¥ 5,817,299

Consolidated Balance Sheets	Dec. 31, 2025 CNY (¥)	Dec. 31, 2025 USD ($)	Dec. 31, 2024 CNY (¥)
Current assets:
Cash	¥ 8,168,373	$ 1,168,062	¥ 12,461,382
Accounts receivable, net	22,484,728	3,215,274	36,533,894
Short-term prepayments	34,566,328	4,942,919	400,083
Short-term investments	4,596,952	657,355	4,526,957
Prepaid expenses and other current assets	14,551,849	2,080,887	16,931,804
Total current assets	85,367,101	12,207,334	72,777,594
Non-current assets:
Right-of-use assets, net	878,649	125,645	1,637,903
Deferred tax assets, net	159,497	22,808	490,538
Property and equipment, net	120,929	17,293	174,211
Intangible assets, net	654,088	93,533	955,974
Educational contents, net	17,920,312	2,562,571
Other non-current assets	178,281	25,494	200,539
Long-term prepayments			25,471,027
Total non-current assets	19,911,756	2,847,344	28,930,192
Total assets	105,278,857	15,054,678	101,707,786
Current liabilities:
Borrowing from a third party	7,000,000	1,000,987	7,000,000
Accounts payable	22,112,683	3,162,072	37,478,660
Contract liabilities	5,174,606	739,959	6,070,210
Salary and welfare payable	1,648,969	235,799	2,044,101
Income taxes payable	7,121,280	1,018,330	7,118,220
Value added tax (“VAT”) and other tax payable	5,760,141	823,689	5,825,167
Other payables	1,383,388	197,822	2,688,594
Lease liabilities, current	785,968	112,392	902,610
Total current liabilities	51,091,632	7,306,007	71,045,040
Non-current liabilities:
Lease liabilities, non-current	48,033	6,869	688,333
Total non-current liabilities	48,033	6,869	688,333
Total liabilities	51,139,665	7,312,876	71,733,373
Commitments and contingencies
Shareholders’ equity
Ordinary Shares value			112,784
Additional paid-in capital	360,478,358	50,524,354	318,979,171
Treasury stock	(1,195)	(150)	(7,664)
Statutory reserves	23,573,981	3,318,034	23,557,710
Accumulated deficit	(341,073,614)	(47,942,780)	(325,318,655)
Accumulated other comprehensive income	4,970,214	957,164	6,261,156
Total Jianzhi Education Technology Group Company Limited’s shareholders’ equity	48,310,653	6,908,332	23,584,502
Noncontrolling interests	5,828,539	833,470	6,389,911
Total shareholders’ equity	54,139,192	7,741,802	29,974,413
Total liabilities and shareholders’ equity	105,278,857	15,054,678	101,707,786
Class A Ordinary Shares
Shareholders’ equity
Ordinary Shares value	323,529	46,231
Class B Ordinary Shares
Shareholders’ equity
Ordinary Shares value	39,380	5,479
Related Party
Current assets:
Amounts due from related parties	998,871	142,837	1,923,474
Current liabilities:
Amounts due to related parties	¥ 104,597	$ 14,957	¥ 1,917,478