JZXNNasdaqRetail-Auto Dealers & Gasoline StationsUS GAAP · USD

Jiuzi Holdings, Inc.

Jiuzi Holdings, Inc. is a Cayman Islands holding company with operating subsidiaries in the United States, Hong Kong, and mainland China. Through those subsidiaries, it sells proprietary-brand batteries, electronic power equipment, mobile phones, accessories, and related trading or consulting services.

Liikevaihto2,9milj. USD
+105,9 %v/v
Liikevoitto (EBIT)−10,0milj. USD
+82,0 %v/v
EBIT-marginaali−347,5%
+3 628,3 %-yks.v/v
Nettotulos−10,2milj. USD
+82,8 %v/v
Vapaa kassavirta−1,1milj. USD

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−60−40−20020milj. USD2020: 8,2 milj. USD2020: EBIT 4,4 milj. USD20202021: 9,5 milj. USD2021: EBIT 1,3 milj. USD20212022: 6,2 milj. USD2022: EBIT −17 milj. USD20222023: 5,9 milj. USD2023: EBIT −4,5 milj. USD20232024: 1,4 milj. USD2024: EBIT −56 milj. USD20242025: 2,9 milj. USD2025: EBIT −10 milj. USD20252,9−10
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Battery and power equipment sales45 %

Sales of proprietary-brand batteries and electronic power equipment through operating subsidiaries.

Mobile phones and accessories25 %

Distribution of mobile phones and related accessories in the PRC market.

Trading brokerage and domestic trade agency15 %

Intermediated domestic trading and brokerage activity through Shenzhen Shatou.

Corporate investment consulting10 %

Consulting services provided through the U.S. and Hong Kong holding subsidiaries.

Scientific research and technical services5 %

Technical and research-oriented services under Hainan Jiuzi.

Tuotteet

Raportoitu · osuus liikevaihdosta
99,5%FY2025100 %
  • Resales of Sourced Equipment and Accessories From Third Party99,5 %
  • Proprietary Products0,5 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Jiuzi serves third-party commercial customers that buy consumer electronics, batteries, and related equipment through its operating subsidiaries in China. The group also appears to sell to trading counterparties and business clients that use brokerage, agency, consulting, or technical services. Customer concentration is high, with a small number of customers accounting for a large share of recent period sales.

Third-party product buyers

Buy batteries, electronic power equipment, mobile phones and accessories for resale or business use.

Trading and brokerage customers

Use Shenzhen Shatou for domestic trade agency and brokerage services.

Consulting clients

Seek corporate investment consulting through Jiuzi New York and Jiuzi HK.

Technical-service clients

Purchase scientific research and technical services from Hainan Jiuzi.

Strategia

Jiuzi’s structure suggests a strategy of combining China-based product sales with layered offshore and cross-border entities for holding, consulting, and operating flexibility. The addition of trading and technical-service subsidiaries indicates an effort to broaden the operating platform beyond pure product sales into adjacent service lines.

Broaden operating activitiesKeskipitkä aikaväli

Adds service lines and reduces dependence on one product channel.

Support cross-border structureKeskipitkä aikaväli

Holding and consulting entities can facilitate corporate and financing activities.

Develop new subsidiary platformsLyhyt aikaväli

New entities can extend the business into adjacent markets and functions.

Maantiede

The company is structured around a Cayman Islands parent with subsidiaries in the United States, Hong Kong, Shenzhen, and Hainan. Its operating business is concentrated in mainland China, where product sales and trading activities are carried out, while U.S. and Hong Kong entities mainly provide holding, investment, and consulting functions.

Riskit

The business is exposed to customer and supplier concentration, since a small number of counterparties represent a large share of recent sales and cost of revenue. It also faces execution, regulatory, and cross-border risks typical of a China-centric operating structure with offshore holding entities and related-party ownership layers.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Customer concentration1Supplier concentration2China regulatory exposure3Cross-border holding structure4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Customer concentrationVaikutus: KorkeaTodennäköisyys: Korkea

    A small number of customers account for a large portion of sales in the recent period.

    Kohdistuu: Third-party product and trading sales

  2. Supplier concentrationVaikutus: KorkeaTodennäköisyys: Korkea

    Top suppliers represent a large share of cost of revenue, creating supply dependence.

    KohdistuuBatteryEquipmentTrading procurement
  3. China regulatory exposureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Core operating subsidiaries are located in mainland China, where policy and compliance conditions can change quickly.

    KohdistuuOperatingTaxTrade compliance
  4. Cross-border holding structureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The group uses Cayman, U.S., Hong Kong and PRC entities, increasing legal and transfer-pricing complexity.

    Kohdistuu: Corporate structuring and intercompany activity

Kirjanpito

Harkinnanvaraiset erät
Accounts receivable allowance

Credit-loss estimates affect asset quality and operating cash conversion.

Vaikutus: Reported receivable net value and earnings

Prepaid expense impairment

A very large impairment allowance can materially reduce current assets.

Vaikutus: Balance sheet strength and expense recognition

Consolidation and intercompany eliminations

Multi-jurisdiction entities require careful consolidation of related-party balances and transactions.

Vaikutus: Reported revenue, expenses and assets

Going concern assessment

Accumulated deficit and loss history make management judgment important in assessing continuity.

Vaikutus: Disclosure and valuation context

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026