Jianzhi Education Technology Group Company Limited Reports Fiscal Year 2023 Financial Results [Yahoo! Finance]
Jianzhi Education Technology Group Company Limited (JZ)
Company Research
Source: Yahoo! Finance
provider of digital educational content in China, today announced its financial results for fiscal year ended December 31, 2023. Net revenues were 440.5 million (US$62.0 million) for fiscal year 2023, compared to RMB505.7 million during the same period in 2022. Gross profit was RMB16.2 million (US$2.3 million) for fiscal year 2023, and a gross loss of RMB5.5 million for the same period in 2022. Net loss for 2023 was RMB382.8 million (US$53.9 million), compared to net loss of RMB196.6 million during the same period in 2022. The following table sets forth a summary of the consolidated results of operations for the years indicated: For the Years Ended December 31, RMB RMB US$ Change (in million, except for percentages) Net revenues Gross (loss) profit Loss from operations Net loss Mr. Yong Hu, CEO of the Company, commented: “In 2023, the Company faced a challenging year marked by policy headwinds and the evolving landscape of the vocational education indus
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News
- Jianzhi Education Technology Group Full Year 2023 Earnings: CN¥18.50 loss per share (vs CN¥10.08 loss in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Jianzhi Education Technology Group Company Limited Reports Fiscal Year 2023 Financial ResultsGlobeNewswire
- Jianzhi Education Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement [Yahoo! Finance]Yahoo! Finance
- Jianzhi Education Has Regained Compliance with Nasdaq’s Minimum Bid Price RequirementGlobeNewswire
- Jianzhi Education Announces Plan to Implement ADS Ratio Change [Yahoo! Finance]Yahoo! Finance
JZ
Sec Filings
- 4/9/24 - Form 20-F
- 3/7/24 - Form 6-K
- 2/15/24 - Form 6-K
- JZ's page on the SEC website