Jianzhi Education Technology Group Company Limited (JZ)

JZ Income Statement

Financials in millions CNY. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	440.54	505.72	473.25	404.93	358.76
Revenue Growth (YoY)	-12.89%	6.86%	16.87%	12.87%	-
Cost of Revenue	424.35	511.27	369.05	275.79	227.81
Gross Profit	16.19	-5.54	104.2	129.14	130.95
Selling, General & Admin	29.78	60.3	27.05	31.09	37.61
Research & Development	11.76	15.57	26.36	15.58	16.9
Other Operating Expenses	357.42	126.03	0	0	0
Operating Expenses	398.95	201.91	53.41	46.67	54.51
Operating Income	-382.76	-207.45	50.79	82.47	76.44
Interest Expense / Income	1.36	2.09	0.89	-0.05	0
Other Expense / Income	-10.83	0.61	-2.64	-0.28	-4.53
Pretax Income	-373.29	-210.14	52.53	82.81	80.98
Income Tax	0.21	-10.98	4.27	0.49	0.99
Net Income	-373.5	-199.16	48.26	82.32	79.99
Net Income Growth	-	-	-41.38%	2.92%	-
Shares Outstanding (Basic)	121	119	111	111	111
Shares Outstanding (Diluted)	121	119	111	111	111
Shares Change	2.19%	6.66%	-	-	-
EPS (Basic)	-18.48	-10.08	2.58	4.44	4.32
EPS (Diluted)	-18.48	-10.08	2.58	4.44	4.32
EPS Growth	-	-	-41.89%	2.78%	-
Free Cash Flow	-39.93	-128.6	-56.12	-13.59	-0.45
Free Cash Flow Per Share	-1.98	-6.51	-3.03	-0.73	-0.02
Gross Margin	3.68%	-1.10%	22.02%	31.89%	36.50%
Operating Margin	-86.89%	-41.02%	10.73%	20.37%	21.31%
Profit Margin	-84.78%	-39.38%	10.20%	20.33%	22.30%
Free Cash Flow Margin	-9.06%	-25.43%	-11.86%	-3.36%	-0.13%
Effective Tax Rate	-	-	8.14%	0.59%	1.22%
EBITDA	-314.15	-99.31	107.82	119.07	104.24
EBITDA Margin	-71.31%	-19.64%	22.78%	29.40%	29.05%
Depreciation & Amortization	57.78	108.74	54.39	36.31	23.26
EBIT	-371.93	-208.05	53.42	82.76	80.98
EBIT Margin	-84.43%	-41.14%	11.29%	20.44%	22.57%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).