New Risk • May 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥42m free cash flow). Share price has been highly volatile over the past 3 months (30% average weekly change). Earnings have declined by 68% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (US$11.7m market cap). New Risk • May 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥42m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 68% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (US$14.9m market cap). New Risk • May 01
New major risk - Revenue and earnings growth Earnings have declined by 68% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥42m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 68% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$15.8m market cap). Reported Earnings • May 01
Full year 2025 earnings released: CN¥1.13 loss per share (vs CN¥0.037 profit in FY 2024) Full year 2025 results: CN¥1.13 loss per share (down from CN¥0.037 profit in FY 2024). Revenue: CN¥1.13b (up 37% from FY 2024). Net loss: CN¥173.5m (down CN¥179.0m from profit in FY 2024). New Risk • Apr 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$26.4m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (28% average weekly change). Minor Risk Market cap is less than US$100m (US$26.4m market cap). Reported Earnings • Nov 25
First half 2025 earnings released: CN¥0.29 loss per share (vs CN¥0.011 profit in 1H 2024) First half 2025 results: CN¥0.29 loss per share (down from CN¥0.011 profit in 1H 2024). Revenue: CN¥413.9m (down 7.8% from 1H 2024). Net loss: CN¥43.3m (down CN¥44.8m from profit in 1H 2024). Reported Earnings • Jun 18
Full year 2024 earnings released: EPS: CN¥0.037 (vs CN¥0.025 loss in FY 2023) Full year 2024 results: EPS: CN¥0.037 (up from CN¥0.025 loss in FY 2023). Revenue: CN¥822.8m (up 45% from FY 2023). Net income: CN¥5.54m (up CN¥11.8m from FY 2023). Profit margin: 0.7% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. New Risk • May 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (35% average weekly change). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Board Change • Mar 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Chairman Andong Zhang is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Feb 27
LZ Technology Holdings Limited has completed an IPO in the amount of $7.2 million. LZ Technology Holdings Limited has completed an IPO in the amount of $7.2 million.
Security Name: Class B Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,800,000
Price\Range: $4
Discount Per Security: $0.28