Jianzhi Education Technology Group Company Limited (JZ) Balance Sheet

NASDAQ: JZAssets, liabilities, debt and equity over 9 years.

JZ balance sheet, 2025

December 31, 2025 · Chinese yuan

CN¥105.3M assets = CN¥51.1M liabilities + CN¥54.1M equity

Both columns are drawn to the same scale: what JZ owns equals what it owes plus shareholders’ equity. Hover a block for its value.

JZ financial health

Current ratio1.67

Comfortable · current assets cover current liabilities 1.67×

Debt / equity0.16

Low leverage · CN¥0.16 of debt for each $1 of equity

Equity / assets45.9%

Equity-funded · of assets funded by shareholders

Cash / debt162.9%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles17.6%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

JZ balance sheet trends, 2015–2025

Jianzhi Education Technology Group Company Limited balance sheet trends
Metric	Then	Latest	Change
Total assets	CN¥42.4M2015	CN¥105.3M2025	+12.0%/yr
Total liabilities	CN¥13.1M2015	CN¥51.1M2025	+18.6%/yr
Shareholders’ equity	CN¥29.5M2015	CN¥48.3M2025	+6.4%/yr
Cash & short-term investments	CN¥26.5M2015	CN¥12.8M2025	−8.7%/yr
Total debt	CN¥5.8M2019	CN¥7.8M2025	+7.7%/yr
Net cash (debt)	CN¥102.1M2019	CN¥4.9M2025	−CN¥97.2M
Working capital	CN¥24.8M2015	CN¥34.3M2025	+CN¥9.4M
Current ratio	2.902015	1.672025	−1.23
Debt / equity	0.022019	0.162025	+0.14
Shares outstanding	18.5M2019	11.6M2025	−11.1%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

JZ assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

JZ liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

JZ debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

JZ balance sheet in Chinese yuan

Jianzhi Education Technology Group Company Limited annual balance sheet
	2025	2024	2021	2020	2019	2018	2017	2016	2015
Assets
Cash & short-term investments	CN¥12.8M	CN¥17.0M	CN¥72.6M	CN¥91.4M	CN¥107.9M	CN¥109.8M	CN¥65.0M	CN¥64.9M	CN¥26.5M
Cash & equivalents	CN¥8.2M	CN¥12.5M	CN¥61.2M	CN¥20.9M	CN¥87.3M	CN¥109.8M	CN¥65.0M	CN¥64.9M	CN¥26.5M
Short-term investments	CN¥4.6M	CN¥4.5M	CN¥11.4M	CN¥70.5M	CN¥20.6M	—	—	—	—
Receivables	CN¥34.7M	CN¥49.9M	CN¥107.3M	CN¥115.2M	CN¥83.2M	CN¥72.9M	CN¥66.2M	CN¥18.8M	CN¥9.6M
Inventory	CN¥0	CN¥0	CN¥2.0M	CN¥4.6M	CN¥19.2M	CN¥6.1M	CN¥1.1M	CN¥604,976	CN¥203,818
Other current assets	CN¥37.9M	CN¥5.9M	CN¥292.7M	CN¥2.3M	CN¥2.8M	CN¥9.9M	CN¥12.5M	CN¥8.6M	CN¥1.6M
Total current assets	CN¥85.4M	CN¥72.8M	CN¥474.6M	CN¥213.5M	CN¥213.2M	CN¥198.7M	CN¥144.8M	CN¥93.0M	CN¥37.9M
Property, plant & equipment (net)	CN¥999,578	CN¥1.8M	CN¥514,132	CN¥2.9M	CN¥6.9M	CN¥1.3M	CN¥5.5M	CN¥2.0M	CN¥874,234
Goodwill & intangible assets	CN¥18.6M	CN¥955,974	CN¥374.6M	CN¥222.7M	CN¥138.8M	CN¥73.5M	CN¥55.1M	CN¥17.5M	CN¥2.8M
Long-term investments	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Other non-current assets	CN¥337,778	CN¥26.2M	CN¥8.9M	CN¥322,953	CN¥853,413	CN¥14.9M	CN¥21	CN¥1	CN¥899,221
Total assets	CN¥105.3M	CN¥101.7M	CN¥858.6M	CN¥439.5M	CN¥359.8M	CN¥288.4M	CN¥205.4M	CN¥112.4M	CN¥42.4M
Liabilities
Accounts payable	CN¥22.1M	CN¥37.5M	CN¥24.3M	CN¥23.2M	CN¥15.1M	CN¥30.8M	CN¥33.1M	CN¥7.3M	CN¥4.8M
Short-term debt	CN¥7.8M	CN¥7.9M	CN¥25.0M	CN¥2.0M	CN¥3.5M	—	—	—	—
Deferred revenue	CN¥5.2M	CN¥6.1M	CN¥326.9M	CN¥7.4M	CN¥16.6M	CN¥17.5M	CN¥10.7M	CN¥13.5M	CN¥4.3M
Total current liabilities	CN¥51.1M	CN¥71.0M	CN¥438.2M	CN¥72.7M	CN¥79.6M	CN¥120.2M	CN¥63.2M	CN¥31.0M	CN¥13.1M
Long-term debt	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Lease obligations	CN¥834,001	CN¥1.6M	CN¥295,367	CN¥2.3M	CN¥5.9M	—	—	—	—
Other long-term liabilities	CN¥48,033	CN¥688,333	CN¥2.2M	CN¥3.1M	CN¥5.6M	CN¥17.8M	CN¥13.7M	CN¥596,977	CN¥0
Total liabilities	CN¥51.1M	CN¥71.7M	CN¥440.4M	CN¥75.8M	CN¥85.2M	CN¥137.9M	CN¥76.9M	CN¥31.6M	CN¥13.1M
Shareholders' equity
Common stock & paid-in capital	CN¥362,909	CN¥112,784	CN¥63,212	CN¥63,146	CN¥62,613	CN¥66,090	CN¥26.4M	CN¥26.1M	CN¥25.0M
Retained earnings (deficit)	−CN¥341.1M	−CN¥325.3M	CN¥280.7M	CN¥234.8M	CN¥153.4M	CN¥111.1M	CN¥47.3M	CN¥25.3M	CN¥1.3M
Accumulated other comprehensive income	CN¥28.5M	CN¥29.8M	CN¥24.0M	CN¥21.1M	CN¥18.9M	CN¥38.5M	CN¥5.8M	CN¥2.7M	CN¥324,714
Minority interest	CN¥5.8M	CN¥6.4M	—	—	—	—	—	—	—
Total shareholders' equity	CN¥48.3M	CN¥23.6M	CN¥404.6M	CN¥354.7M	CN¥270.3M	CN¥149.6M	CN¥106.6M	CN¥80.9M	CN¥29.5M
Key figures
Total debt	CN¥7.8M	CN¥8.6M	CN¥25.0M	CN¥2.3M	CN¥5.8M	—	—	—	—
Net cash (debt)	CN¥4.9M	CN¥8.4M	CN¥47.6M	CN¥89.1M	CN¥102.1M	—	—	—	—
Working capital	CN¥34.3M	CN¥1.7M	CN¥36.4M	CN¥140.8M	CN¥133.7M	CN¥78.5M	CN¥81.6M	CN¥62.0M	CN¥24.8M
Tangible book value	CN¥29.7M	CN¥22.6M	CN¥30.0M	CN¥132.0M	CN¥131.4M	CN¥76.1M	CN¥51.5M	CN¥63.4M	CN¥26.7M
Shares outstanding	11.6M	767K	18.5M	18.5M	18.5M	—	—	—	—
Current ratio	1.67	1.02	1.08	2.94	2.68	1.65	2.29	3.00	2.90
Quick ratio	0.93	0.94	0.41	2.84	2.40	1.52	2.08	2.70	2.77
Debt / equity	0.16	0.36	0.06	0.01	0.02	—	—	—	—
Equity / assets	45.9%	23.2%	47.1%	80.7%	75.1%	51.9%	51.9%	71.9%	69.5%

Jianzhi Education Technology Group Company Limited quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Jun '24	Mar '24	Dec '23	Sep '23	Jun '23
Assets
Cash & short-term investments	CN¥22.3M	CN¥12.8M	CN¥12.8M	CN¥7.1M	CN¥7.1M	CN¥17.0M	CN¥17.0M	CN¥20.8M	CN¥22.4M	CN¥22.4M	CN¥24.1M	CN¥32.7M
Cash & equivalents	CN¥17.7M	CN¥8.2M	CN¥8.2M	CN¥2.5M	CN¥2.5M	CN¥12.5M	CN¥12.5M	CN¥13.1M	CN¥18.2M	CN¥18.2M	CN¥18.2M	CN¥28.6M
Short-term investments	CN¥4.6M	CN¥4.6M	CN¥4.6M	CN¥4.6M	CN¥4.6M	CN¥4.5M	CN¥4.5M	CN¥7.6M	CN¥4.2M	CN¥4.2M	CN¥5.9M	CN¥4.1M
Receivables	CN¥33.5M	CN¥34.7M	CN¥22.5M	CN¥18.4M	CN¥3.7M	CN¥49.9M	CN¥36.5M	CN¥86.2M	CN¥20.1M	CN¥4.9M	CN¥4.9M	CN¥27.1M
Inventory	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	−CN¥13.5M	CN¥0	CN¥0	CN¥399,439
Other current assets	CN¥57.7M	CN¥37.9M	CN¥50.1M	CN¥7.3M	CN¥22.0M	CN¥5.9M	CN¥19.3M	CN¥3.7M	CN¥93.4M	CN¥95.0M	CN¥93.4M	CN¥142.8M
Total current assets	CN¥113.5M	CN¥85.4M	CN¥85.4M	CN¥32.8M	CN¥32.8M	CN¥72.8M	CN¥72.8M	CN¥110.6M	CN¥122.3M	CN¥122.3M	CN¥122.3M	CN¥203.1M
Property, plant & equipment (net)	CN¥489,587	CN¥999,578	CN¥999,578	CN¥1.3M	CN¥1.3M	CN¥1.8M	CN¥1.8M	CN¥6.1M	CN¥7.8M	CN¥7.8M	CN¥7.8M	CN¥2.1M
Goodwill & intangible assets	CN¥10.7M	CN¥18.6M	CN¥18.6M	CN¥2.3M	CN¥2.3M	CN¥955,974	CN¥955,974	CN¥1.1M	CN¥1.0M	CN¥1.3M	CN¥1.3M	CN¥206.3M
Long-term investments	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Other non-current assets	CN¥234,840	CN¥337,778	CN¥337,778	CN¥21.0M	CN¥21.0M	CN¥26.2M	CN¥26.2M	CN¥31.8M	CN¥20.5M	CN¥20.3M	CN¥20.3M	CN¥64.6M
Total assets	CN¥124.9M	CN¥105.3M	CN¥105.3M	CN¥57.5M	CN¥57.5M	CN¥101.7M	CN¥101.7M	CN¥149.6M	CN¥151.7M	CN¥151.7M	CN¥151.7M	CN¥476.0M
Liabilities
Accounts payable	CN¥5.2M	CN¥22.1M	CN¥22.1M	CN¥6.1M	CN¥6.1M	CN¥37.5M	CN¥37.5M	CN¥66.5M	CN¥11.5M	CN¥11.5M	CN¥11.5M	CN¥7.3M
Short-term debt	CN¥7.3M	CN¥7.8M	—	CN¥7.9M	—	CN¥7.9M	—	CN¥3.0M	CN¥25.4M	—	—	CN¥624,716
Deferred revenue	CN¥3.0M	CN¥5.2M	—	CN¥3.9M	—	CN¥6.1M	—	CN¥13.1M	CN¥86.7M	—	—	CN¥127.7M
Total current liabilities	CN¥31.8M	CN¥51.1M	CN¥51.1M	CN¥36.4M	CN¥36.4M	CN¥71.0M	CN¥71.0M	CN¥93.8M	CN¥162.6M	CN¥162.6M	CN¥162.6M	CN¥201.3M
Long-term debt	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Lease obligations	CN¥326,432	—	CN¥834,001	—	CN¥1.1M	—	CN¥1.6M	CN¥5.8M	—	CN¥7.5M	—	CN¥1.8M
Other long-term liabilities	CN¥0	CN¥48,033	CN¥48,033	CN¥231,198	CN¥231,198	CN¥688,333	CN¥688,333	CN¥5.1M	CN¥6.3M	CN¥6.3M	CN¥6.3M	CN¥1.1M
Total liabilities	CN¥31.8M	CN¥51.1M	CN¥51.1M	CN¥36.7M	CN¥36.7M	CN¥71.7M	CN¥71.7M	CN¥99.0M	CN¥168.9M	CN¥168.9M	CN¥168.9M	CN¥202.4M
Shareholders' equity
Common stock & paid-in capital	CN¥2.2M	CN¥362,909	—	CN¥112,784	—	CN¥112,784	—	CN¥77,747	CN¥77,747	—	CN¥77,747	CN¥77,747
Retained earnings (deficit)	−CN¥354.6M	−CN¥341.1M	−CN¥341.1M	−CN¥333.9M	−CN¥333.9M	−CN¥325.3M	−CN¥325.3M	−CN¥264.7M	−CN¥291.8M	−CN¥291.8M	−CN¥268.2M	−CN¥8.9M
Accumulated other comprehensive income	CN¥27.3M	CN¥28.5M	—	CN¥29.5M	—	CN¥29.8M	—	CN¥29.7M	CN¥6.1M	—	CN¥6.1M	CN¥27.0M
Minority interest	CN¥5.8M	—	CN¥5.8M	—	CN¥6.0M	—	CN¥6.4M	—	—	—	—	—
Total shareholders' equity	CN¥87.4M	CN¥48.3M	CN¥48.3M	CN¥14.8M	CN¥14.8M	CN¥23.6M	CN¥23.6M	CN¥43.8M	−CN¥23.5M	−CN¥23.5M	−CN¥23.5M	CN¥260.3M
Key figures
Total debt	CN¥7.3M	CN¥7.8M	—	CN¥8.1M	—	CN¥8.6M	—	CN¥5.8M	CN¥29.4M	—	CN¥4.0M	CN¥1.8M
Net cash (debt)	CN¥15.0M	CN¥4.9M	—	−CN¥1.0M	—	CN¥8.4M	—	CN¥14.9M	−CN¥7.0M	—	CN¥20.0M	CN¥31.0M
Working capital	CN¥81.8M	CN¥34.3M	CN¥34.3M	−CN¥3.7M	−CN¥3.7M	CN¥1.7M	CN¥1.7M	CN¥16.8M	−CN¥40.2M	−CN¥40.2M	−CN¥40.2M	CN¥1.8M
Tangible book value	CN¥76.7M	CN¥29.7M	CN¥29.7M	CN¥12.5M	CN¥12.5M	CN¥22.6M	CN¥22.6M	CN¥42.7M	−CN¥24.5M	−CN¥24.8M	−CN¥24.8M	CN¥54.0M
Shares outstanding	3.13B	—	517.1M	—	169.1M	—	169.1M	121.1M	20.2M	121.1M	20.2M	20.2M
Current ratio	3.58	1.67	1.67	0.90	0.90	1.02	1.02	1.18	0.75	0.75	0.75	1.01
Quick ratio	1.76	0.93	0.69	0.70	0.29	0.94	0.75	1.14	0.26	0.17	0.18	0.30
Debt / equity	0.08	0.16	—	0.55	—	0.36	—	0.13	—	—	—	0.01
Equity / assets	70.0%	45.9%	45.9%	25.7%	25.7%	23.2%	23.2%	29.3%	−15.5%	−15.5%	−15.5%	54.7%

Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported (latest annual report filed April 13, 2026); data from EODHD.

JZ financial position

At the end of fiscal 2025 (December 31, 2025), Jianzhi Education Technology had total assets of CN¥105.3 million (up 3.5% from a year earlier), total liabilities of CN¥51.1 million and shareholders' equity of CN¥48.3 million. It held CN¥12.8 million in cash and short-term investments against CN¥7.8 million of debt, a net cash position of CN¥4.9 million. Its current ratio was 1.67. In the latest quarter (ended June 30, 2026) total assets were CN¥124.9 million and equity CN¥87.4 million.

Related: JZ income statement, JZ cash flow statement, JZ key metrics. See the JZ stock overview for the latest quote and news.

JZ balance sheet FAQ

What are Jianzhi Education Technology's total assets?

Jianzhi Education Technology reported total assets of CN¥105.3 million at the end of fiscal 2025 (December 31, 2025), compared with CN¥101.7 million a year earlier.

How much debt does Jianzhi Education Technology have?

Jianzhi Education Technology had CN¥7.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.16.

How much cash does Jianzhi Education Technology have?

Jianzhi Education Technology held CN¥12.8 million in cash and short-term investments at the end of fiscal 2025; with CN¥7.8 million of debt that is net cash of CN¥4.9 million.

What is Jianzhi Education Technology's book value?

Jianzhi Education Technology's shareholders' equity (book value) was CN¥48.3 million at the end of fiscal 2025.

What is Jianzhi Education Technology's current ratio?

Jianzhi Education Technology had current assets of CN¥85.4 million and current liabilities of CN¥51.1 million, a current ratio of 1.67 (it can cover its short-term obligations).

How much goodwill does Jianzhi Education Technology have?

Jianzhi Education Technology carried CN¥18.6 million of goodwill and intangible assets, 17.6% of total assets, at the end of fiscal 2025.