Jianzhi Education Technology Group Reports Decline in Net Loss and Revenue, but Shares Still See Growth Despite Warnings

Loss per share widens to CN¥18.50, compared to CN¥10.08 in FY 2022

Jianzhi Education Technology Group (NASDAQ: JZ) recently reported its full year 2023 results. Despite showing a revenue of CN¥440.5 million, which is a 13% decrease from the previous year, the company was able to maintain a positive outlook for its future prospects. However, the net loss for the year was CN¥373.5 million, an 88% increase from the previous year, resulting in a loss per share of CN¥18.50.

The chart above shows all figures for the trailing 12 month (TTM) period. Despite this, Jianzhi Education Technology Group shares have increased by 1.4% from a week ago. However, it is important to note that there are 5 warning signs for Jianzhi Education Technology Group, with 3 of them being concerning.

While investors may be concerned about these warning signs, it is important to keep in mind that Simply Wall St’s analysis is general in nature and based on historical data and analyst forecasts using an unbiased methodology. Therefore, investors should conduct their own research and consider seeking financial advice before making any investment decisions.

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