Ownership / Jianzhi Education Technology Group Company Limited | Tables in SEC filings

JZ Jianzhi Education Technology Group Company Limited

Annual report (foreign)

JIANZHI EDUCATION TECHNOLOGY GROUP COMPANY LIMITED CONSOLIDATION STATEMENTS OF CHANGES IN EQUITY (Amounts in Renminbi (“RMB”) and U.S. dollars (“US$”), except for number of shares and per share data)

	Jianzhi Education Technology Group Company Limited shareholders’ equity
									Retained		Accumulated
					Additional				Earnings		other		Non		Total
	Ordinary shares				paid-in		Statutory		(Accumulated		comprehensive		controlling		shareholders’
	Shares*		Amount		capital		reserves		Deficit)		income		interests		equity
			RMB		RMB		RMB		RMB		RMB		RMB		RMB
Balance at December 31, 2020		100,000,000		63,291		52,927,738		20,977,351		235,347,520		188,739		8,986,694		318,491,333
Net income		—		—		—		—		48,258,269		—		4,672,355		52,930,624
Appropriation to statutory reserves		—		—		—		2,621,953		(2,621,953)		—		—		—
Deemed capital contribution from a shareholder for waive of interest expenses		—		—		1,118,170		—		—		—		—		1,118,170
Foreign currency translation adjustments		—		—		—		—		—		211,494		—		211,494
Balance at December 31, 2021		100,000,000		63,291		54,045,908		23,599,304		280,983,836		400,233		13,659,049		372,751,621
Issuance of ordinary shares in connection with IPO		10,000,000		6,848		140,690,442		—		—		—		—		140,697,290
Conversion of redeemable ordinary shares		11,110,000		7,608		45,977,268		—		—		—		—		45,984,876
Net loss		—		—		—		—		(199,161,807)		—		2,578,761		(196,583,046)
Deemed capital contribution from a shareholder for waive of interest expenses		—		—		1,380,324		—		—		—		—		1,380,324
Foreign currency translation adjustments		—		—		—		—		—		2,120,397		—		2,120,397
Balance at December 31, 2022		121,110,000		77,747		242,093,942		23,599,304		81,822,029		2,520,630		16,237,810		366,351,462
Net loss		—		—		—		—		(373,500,737)		—		(9,312,526)		(382,813,263)
Appropriation of statutory reserve		—		—		—		126,432		(126,432)		—		—		—
Disposal of a subsidiary		—		—		—		(168,026)		—		—		(637,916)		(805,942)
Conversion of mezzanine equity		—		—		(4,522,022)		—		—		—		—		(4,522,022)
Deemed capital contribution from a shareholder for waive of interest expenses		—		—		995,986		—		—		—		—		995,986
Foreign currency translation adjustments		—		—		—		—		—		3,575,835		—		3,575,835
Balance at December 31, 2023		121,110,000		77,747		238,567,906		23,557,710		(291,805,140)		6,096,465		6,287,368		(17,217,944)
Balance at December 31, 2023 in US$				12,111		33,600,426		3,318,034		(41,099,902)		858,678		885,557		(2,425,096)

	2022		2023
	(US$’000)
Audit fees(1)		450		350
Audit-related Fees(2)		-		-
Tax Fees(3)		-		-
All other Fees(4)		-		-
Total		450		350

	December 31, 2022		December 31, 2023
	RMB		RMB
Balance at the beginning of the year		1,806,001		36,707,499
Provisions		34,901,498		1,042,983
Write-offs		—		(139,762)
Balance at the end of the year		36,707,499		37,610,720

	December 31, 2022		December 31, 2023
	RMB		RMB
Deferred tax assets:
Bad debt provision		9,176,875		97,681,819
Operating lease liabilities		—		1,879,619
Net operating losses carried forward		58,728,788		56,353,847
Valuation allowance		(58,728,788)		(144,689,121)
Deferred tax assets, net		9,176,875		11,226,164
Deferred tax liabilities:
Right-of-use assets		—		2,274,256

	For the Year Ended December 31, 2023
	Parent				Subsidiaries				WFOE and its subsidiaries				The VIEs				Eliminations				Consolidated Total
	RMB		US$		RMB		US$		RMB		US$		RMB		US$		RMB		US$		RMB		US$
	(in thousands)
Net cash (used in) provided by operating activities		(8,682)		(1,223)		3,751		528		27,702		3,902		(7,611)		(1,072)		—		—		15,160		2,135
Net cash (used in) provided by investing activities		(21,898)		(3,084)		13,378		1,884		(28,118)		(3,960)		(18,528)		(2,610)		—		—		(55,166)		(7,770)
Net cash (used in) provided by financing activities		(7,798)		(1,098)		550		77		—		—		—		—		—		—		(7,248)		(1,021)

Table search / Ownership / Jianzhi Education Technology Group Company Limited

50 results

Top filers

Top filing types

Recent filing years