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JZXN

Jiuzi Holdings NasdaqCM:JZXN Stock Report

Last Price

US$0.73

Market Cap

US$15.7m

7D

9.6%

1Y

-79.1%

Updated

12 Aug, 2022

Data

Company Financials
JZXN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

JZXN Stock Overview

Jiuzi Holdings, Inc., through its variable interest entity in Zhejiang Jiuzi New Energy Vehicles Co., Ltd., franchises and operates Jiuzi retail stores that sell new energy vehicles, plug-in electric vehicles, and related components and parts.

Jiuzi Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jiuzi Holdings
Historical stock prices
Current Share PriceUS$0.73
52 Week HighUS$3.79
52 Week LowUS$0.63
Beta0
1 Month Change-6.64%
3 Month Change-30.74%
1 Year Change-79.08%
3 Year Changen/a
5 Year Changen/a
Change since IPO-96.06%

Recent News & Updates

Jul 13

Jiuzi Holdings expands sales footprint for NEV's in China

Jiuzi Holdings (NASDAQ:JZXN) has just announced its latest expansion and revenue growth plans for New Energy Vehicles in China. Jiuzi's system is hooked to China's best-selling Electric Vehicle brands and that has allowed their franchise model to grow quickly during the past 3 years. According to national development plan, the sales of new energy vehicles in China will exceed 5M in 2025.

Jun 29

Jiuzi Holdings Performs Unevenly As Pandemic Uncertainty Continues In China

Jiuzi Holdings went public in May 2021, raising approximately $26 million in a U.S. IPO. The firm sells electric and hybrid vehicles via dealers in China. JZXN has produced highly variable results, is exposed to pandemic conditions in China and provides investors with little in the way of information. I'm on Hold for JZXN over the medium term. A Quick Take On Jiuzi Holdings Jiuzi Holdings (JZXN) went public in May 2021, raising around $26 million in gross proceeds in a U.S. IPO that priced at $5.00 per share. The firm sells new energy vehicles through a network of mostly franchised car dealerships in China. Given continued pandemic period surges and management’s lack of guidance or even earnings conference calls, I'm on Hold for JZXN. Jiuzi Holdings Overview Hangzhou, China-based Jiuzi was founded to create a network of car dealerships in third and fourth tier cities in China. The firm primarily sells new energy vehicles through a franchising business model and stores are typically sized in the range of 5,000 to 12,000 square feet. Jiuzi currently has one corporate owned store and 18 franchise operated locations in China. Management is headed by Chairman and CEO Mr. Shuibo Zhang, who was previously Chairman of Shandong Ruixing New Energy Vehicles Company. The company sources vehicles through over twenty manufacturers, such as BYD, Geely and Chery, and various battery manufacturers. In addition, Jiuzi has relationships with capital partners to provide financing options for franchisees to their car buyers. The company obtains franchise operators through its outreach efforts, with the initial franchise fee is several hundred thousand dollars, payable over time and ongoing royalties are 10% of net income. The firm is also developing an online platform to provide a 'multi-dimensional service platform and one-stop experience covering online vehicle selection and purchase and off-line vehicle delivery and maintenance.' Market & Competition According to a 2019 market research report by IBISWorld, the market for car dealers in China grew at an annualized rate of 1.2% from 2014 to 2019, reaching $462.8 billion in total estimated annual value. In the near term, the industry hopes to recover from the ill effects of the Covid-19 pandemic and lower tier Chinese cities are expected to rebound due to a greater distribution of wealth among consumers. Downward price pressures are expected to continue due to import tariff reductions and ongoing efficiency gains. The relatively high level of air pollution in areas of China along with favorable government policies is expected to push consumers toward new energy vehicles. Major competitive or other industry participants include: China Grand Automobile Service Dalian Zhongsheng Group Lei SHing Hong Group Sinomach Automobile Pang Da Automobile Trade Heng Xin De Long Industry Shanghai Yongda Group Yuantong Mechanical & Electrical Equipment China ZhengTong Auto Services Jiuzi’s Recent Financial Performance Total revenue by quarter has fluctuated highly over the past 5 half-year periods: 5 Quarter Total Revenue (Seeking Alpha) Gross profit by quarter has also been highly variable over the past 5 half-year periods: 5 Quarter Gross Profit (Seeking Alpha) Selling, G&A expenses as a percentage of total revenue have varied significantly in recent reporting periods: 5 Quarter Selling, G&A % Of Revenue (Seeking Alpha) Operating income by quarter has also been highly variable: 5 Quarter Operating Income (Seeking Alpha) Earnings per share (Diluted) have been at breakeven or positive, with the exception of the most recent six-month period: 5 Quarter Earnings Per Share (Seeking Alpha) In the past 12 months, JZXN’s stock price has fallen 89.2 percent vs. the U.S. S&P 500 index’ drop of around 11.2 percent, as the chart below indicates: 52 Week Stock Price (Seeking Alpha) Valuation Metrics For Jiuzi Below is a table of relevant capitalization and valuation figures for the company: Measure Amount Market Capitalization $19,940,000 Enterprise Value $12,350,000 Price / Sales [TTM] 1.68 Enterprise Value / Sales [TTM] 1.29 Operating Cash Flow [TTM] -$4,810,000 Revenue Growth Rate [TTM] 16.15% Earnings Per Share $0.15

Shareholder Returns

JZXNUS Specialty RetailUS Market
7D9.6%5.6%3.2%
1Y-79.1%-28.4%-10.1%

Return vs Industry: JZXN underperformed the US Specialty Retail industry which returned -30.3% over the past year.

Return vs Market: JZXN underperformed the US Market which returned -11.7% over the past year.

Price Volatility

Is JZXN's price volatile compared to industry and market?
JZXN volatility
JZXN Average Weekly Movement8.2%
Specialty Retail Industry Average Movement9.0%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: JZXN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: JZXN's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201764Shuibo Zhanghttps://www.zjjzxny.cn

Jiuzi Holdings, Inc., through its variable interest entity in Zhejiang Jiuzi New Energy Vehicles Co., Ltd., franchises and operates Jiuzi retail stores that sell new energy vehicles, plug-in electric vehicles, and related components and parts. As of March 15, 2022, it operated 37 franchise stores and 1 company-owned store in the People’s Republic of China. The company was founded in 2017 and is based in Hangzhou, China.

Jiuzi Holdings, Inc. Fundamentals Summary

How do Jiuzi Holdings's earnings and revenue compare to its market cap?
JZXN fundamental statistics
Market CapUS$15.73m
Earnings (TTM)US$813.75k
Revenue (TTM)US$9.54m

19.3x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JZXN income statement (TTM)
RevenueUS$9.54m
Cost of RevenueUS$4.91m
Gross ProfitUS$4.63m
Other ExpensesUS$3.81m
EarningsUS$813.75k

Last Reported Earnings

Oct 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.038
Gross Margin48.52%
Net Profit Margin8.53%
Debt/Equity Ratio0%

How did JZXN perform over the long term?

See historical performance and comparison