ZBAO
Zhibao Technology Inc.
Price Chart
Latest Quote
$0.98
Current Price| Previous Close | $1.00 |
| Open | $1.00 |
| Day High | $1.00 |
| Day Low | $0.93 |
| Volume | 144,096 |
Stock Information
Note: Financial values converted from CNY to USD
| Shares Outstanding | 16.45M |
| Total Debt | $3.97M |
| Cash Equivalents | $1.48M |
| Revenue | $39.91M |
| Net Income | $-8.94M |
| Sector | Financial Services |
| Industry | Insurance Brokers |
| Market Cap | $32.55M |
| EPS (TTM) | $-0.28 |
| Exchange | NCM |
đ Custom Metrics & Score
Score: 17/42| Debt to Equity | 1.11 |
| Debt to Earnings | 0.24 |
| Current Ratio | 1.00 |
| Quick Ratio | 0.93 |
| Avg Revenue Growth | 38.97% |
| Profit Margin | -22.39% |
| Return on Equity | -251.15% |
| Avg FCF Growth | 414.40% |
| FCF Yield | -63.53% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $0.98 | 144,096 |
| 2026-01-30 | $1.00 | 36,800 |
| 2026-01-29 | $1.00 | 269,800 |
| 2026-01-28 | $0.91 | 53,100 |
| 2026-01-27 | $0.93 | 269,100 |
| 2026-01-26 | $0.93 | 34,000 |
| 2026-01-23 | $0.95 | 62,100 |
| 2026-01-22 | $0.93 | 129,900 |
| 2026-01-21 | $0.94 | 21,900 |
| 2026-01-20 | $0.94 | 11,800 |
| 2026-01-16 | $0.95 | 49,200 |
| 2026-01-15 | $0.97 | 21,700 |
| 2026-01-14 | $0.98 | 25,100 |
| 2026-01-13 | $0.94 | 80,500 |
| 2026-01-12 | $0.96 | 105,700 |
| 2026-01-09 | $1.06 | 400,300 |
| 2026-01-08 | $0.81 | 102,100 |
| 2026-01-07 | $0.85 | 125,900 |
| 2026-01-06 | $0.85 | 68,900 |
| 2026-01-05 | $0.88 | 69,900 |
About Zhibao Technology Inc.
Zhibao Technology Inc., through its subsidiaries, provides digital insurance brokerage services in the People's Republic of China. The company also offers managing general underwriter services. In addition, it provides insurance product design and customization, selection of insurance companies, technology system interconnection and delivery, customer AARRR (Acquisition, Activation, Retention, Referral, and Revenue) operation, customer service, compliance management, and data analysis. Further, the company operates a digital insurance brokerage platform that offers a portfolio of 2B2C (to-business-to-customer) insurance tools for building the systems required for various insurance solutions. Additionally, it engages in research and development; offline insurance brokerage consulting; and healthcare services. The company serves the travel, outdoor activity, sports, logistics and supply chain, municipal gas and electricity utilities, and e-commerce industries. Zhibao Technology Inc. was founded in 2015 and is headquartered in Shanghai, China.
Income Statement (Annual)
Revenue
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Reconciled Cost Of Revenue | $163,366,825 | $108,908,547 | $83,485,203 | $61,051,878 |
| Cost Of Revenue | $163,366,825 | $108,908,547 | $83,485,203 | $61,051,878 |
| Total Revenue | $276,936,030 | $183,669,326 | $142,102,834 | $108,224,804 |
| Operating Revenue | $277,263,201 | $184,254,757 | $142,579,125 | $108,615,482 |
Expenses
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Interest Expense | $3,304,880 | $848,575 | $912,397 | $1,165,915 |
| Total Expenses | $330,474,034 | $173,562,175 | $186,655,575 | $95,583,455 |
| Other Income Expense | $-7,787,424 | $9,503,950 | $2,907,818 | $673,337 |
| Other Non Operating Income Expenses | $-1,532,989 | $507,609 | $2,907,818 | $673,337 |
| Net Non Operating Interest Income Expense | $-3,304,880 | $-848,575 | $-912,397 | $-1,165,915 |
| Interest Expense Non Operating | $3,304,880 | $848,575 | $912,397 | $1,165,915 |
| Operating Expense | $167,107,209 | $64,653,628 | $103,170,372 | $34,531,577 |
| Selling And Marketing Expense | $112,234,880 | $31,606,719 | $22,495,891 | $12,728,488 |
| General And Administrative Expense | $44,016,390 | $17,954,289 | $70,991,876 | $14,059,968 |
Income & Earnings
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $-62,019,599 | $13,251,753 | $-43,098,780 | $14,259,406 |
| Net Interest Income | $-3,304,880 | $-848,575 | $-912,397 | $-1,165,915 |
| Normalized Income | $-56,017,809 | $6,897,742 | $-43,098,780 | $14,259,406 |
| Net Income From Continuing And Discontinued Operation | $-62,019,599 | $13,251,753 | $-43,098,780 | $14,259,406 |
| Total Operating Income As Reported | $-53,538,004 | $10,107,151 | $-44,552,741 | $12,641,349 |
| Net Income Common Stockholders | $-62,019,599 | $13,251,753 | $-43,098,780 | $14,259,406 |
| Net Income | $-62,019,599 | $13,251,753 | $-43,098,780 | $14,259,406 |
| Net Income Including Noncontrolling Interests | $-62,019,599 | $13,251,753 | $-43,098,780 | $14,259,406 |
| Net Income Continuous Operations | $-62,019,599 | $13,251,753 | $-43,098,780 | $14,259,406 |
| Pretax Income | $-64,630,308 | $18,762,526 | $-42,557,320 | $12,148,771 |
| Special Income Charges | $-7,174,958 | $8,996,341 | $0 | $0 |
| Operating Income | $-53,538,004 | $10,107,151 | $-44,552,741 | $12,641,349 |
| Gross Profit | $113,569,205 | $74,760,779 | $58,617,631 | $47,172,926 |
Per Share Metrics
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Diluted EPS | - | $0.44 | $-1.37 | $0.45 |
| Basic EPS | - | $0.44 | $-1.37 | $0.45 |
Other
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $-252,645 | $2,642,330 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-51,848,674 | $13,878,170 | $-38,309,491 | $16,706,924 |
| Total Unusual Items | $-6,254,435 | $8,996,341 | $0 | $0 |
| Total Unusual Items Excluding Goodwill | $-6,254,435 | $8,996,341 | $0 | $0 |
| Reconciled Depreciation | $3,222,319 | $3,263,410 | $3,335,432 | $3,392,238 |
| EBITDA (Bullshit earnings) | $-58,103,109 | $22,874,511 | $-38,309,491 | $16,706,924 |
| EBIT | $-61,325,428 | $19,611,101 | $-41,644,923 | $13,314,686 |
| Diluted NI Availto Com Stockholders | $-62,019,599 | $13,251,753 | $-43,098,780 | $14,259,406 |
| Tax Provision | $-2,610,709 | $5,510,773 | $541,460 | $-2,110,635 |
| Other Special Charges | $7,174,958 | $-8,996,341 | - | - |
| Gain On Sale Of Security | $920,523 | - | - | - |
| Research And Development | $10,855,939 | $15,092,620 | $9,682,605 | $7,743,121 |
| Selling General And Administration | $156,251,270 | $49,561,008 | $93,487,767 | $26,788,456 |
| Other Gand A | $44,016,390 | $17,954,289 | $70,991,876 | $14,059,968 |
| Excise Taxes | $327,171 | $585,431 | $476,291 | $390,678 |
| Diluted Average Shares | - | $30,367,806 | $31,500,000 | $31,500,000 |
| Basic Average Shares | - | $30,367,806 | $31,500,000 | $31,500,000 |
Balance Sheet (Annual)
Assets
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Net Tangible Assets | $23,154,345 | $61,409,748 | $29,271,462 | $16,817,634 |
| Total Assets | $170,759,570 | $208,787,640 | $128,036,167 | $95,897,530 |
| Total Non Current Assets | $26,258,775 | $11,235,897 | $14,330,155 | $11,685,992 |
| Other Non Current Assets | $5,624,653 | $5,051,004 | $6,211,500 | $5,818,397 |
| Non Current Prepaid Assets | $12,475,000 | $0 | - | - |
| Non Current Deferred Assets | $0 | $57,257 | $1,604,757 | $2,110,635 |
| Non Current Deferred Taxes Assets | $0 | $57,257 | $1,604,757 | $2,110,635 |
| Investmentin Financial Assets | $2,500,000 | $0 | - | - |
| Goodwill And Other Intangible Assets | $1,539,437 | $2,581,046 | $2,183,677 | $1,865,157 |
| Other Intangible Assets | $1,539,437 | $2,581,046 | $2,183,677 | $1,865,157 |
| Current Assets | $144,500,795 | $197,551,743 | $113,706,012 | $84,211,538 |
| Other Current Assets | $593,920 | $629,026 | $425,052 | $5,022,627 |
| Restricted Cash | $4,245,599 | $38,743,831 | $4,999,974 | $3,980,192 |
| Prepaid Assets | $5,473,641 | $4,298,301 | $3,737,562 | $5,022,627 |
| Receivables | $123,903,527 | $151,479,090 | $90,445,977 | $72,614,722 |
| Receivables Adjustments Allowances | $-351,955 | $-351,955 | $-264,888 | - |
| Taxes Receivable | $808,479 | $1,210,092 | $1,034,604 | - |
| Loans Receivable | $300,000 | $1,900,000 | $1,600,000 | - |
| Accounts Receivable | $114,070,587 | $130,354,429 | $77,750,249 | $49,797,570 |
| Allowance For Doubtful Accounts Receivable | $-26,660,972 | $-14,315,654 | $-1,852,816 | $-303,038 |
| Gross Accounts Receivable | $140,731,559 | $144,670,083 | $79,603,065 | $50,100,608 |
| Cash Cash Equivalents And Short Term Investments | $10,284,108 | $2,401,495 | $9,873,678 | $2,593,997 |
| Cash And Cash Equivalents | $10,284,108 | $2,401,495 | $9,873,678 | $2,593,997 |
| Current Deferred Assets | - | $0 | $4,223,769 | $0 |
| Other Receivables | - | $1,800,000 | $1,800,000 | - |
Debt
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Net Debt | $13,225,235 | $24,412,742 | $17,394,119 | $25,406,003 |
| Total Debt | $27,522,268 | $30,283,440 | $31,549,985 | $29,607,276 |
| Long Term Debt And Capital Lease Obligation | $1,934,528 | $1,044,068 | $2,273,154 | $750,707 |
| Current Debt And Capital Lease Obligation | $25,587,740 | $29,239,372 | $29,276,831 | $28,856,569 |
| Current Debt | $23,509,343 | $26,814,237 | $27,267,797 | $28,000,000 |
| Other Current Borrowings | $1,709,343 | - | - | - |
Liabilities
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $146,065,788 | $144,796,846 | $96,581,028 | $77,214,739 |
| Total Non Current Liabilities Net Minority Interest | $1,934,528 | $3,727,886 | $2,280,852 | $750,707 |
| Non Current Deferred Liabilities | $0 | $2,683,818 | $7,698 | $0 |
| Non Current Deferred Taxes Liabilities | $0 | $2,683,818 | $7,698 | $0 |
| Current Liabilities | $144,131,260 | $141,068,960 | $94,300,176 | $76,464,032 |
| Other Current Liabilities | $1,906,950 | - | - | - |
| Payables And Accrued Expenses | $116,636,570 | $111,829,588 | $50,023,345 | $32,607,463 |
| Payables | $113,772,086 | $108,681,033 | $45,882,807 | $30,389,595 |
| Other Payable | $5,324,665 | $6,023,173 | $7,638,161 | $3,250,537 |
| Total Tax Payable | $2,505,480 | $5,504,761 | $2,096,702 | $167,103 |
| Income Tax Payable | $58,600 | $42,747 | $28,343 | $0 |
| Accounts Payable | $101,400,140 | $89,629,804 | $34,989,904 | $24,834,217 |
| Current Deferred Liabilities | - | $0 | $15,000,000 | $15,000,000 |
Equity
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Common Stock Equity | $24,693,782 | $63,990,794 | $31,455,139 | $18,682,791 |
| Total Equity Gross Minority Interest | $24,693,782 | $63,990,794 | $31,455,139 | $18,682,791 |
| Stockholders Equity | $24,693,782 | $63,990,794 | $31,455,139 | $18,682,791 |
| Gains Losses Not Affecting Retained Earnings | $-884,741 | $-228,872 | $5,118 | $0 |
| Other Equity Adjustments | $-884,741 | $-228,872 | $5,118 | - |
| Retained Earnings | $-193,860,843 | $-131,841,244 | $-137,544,783 | $-94,446,003 |
Other
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Ordinary Shares Number | $32,921,824 | $31,523,765 | $31,500,000 | $31,500,000 |
| Share Issued | $32,921,824 | $31,523,765 | $31,500,000 | $31,500,000 |
| Tangible Book Value | $23,154,345 | $61,409,748 | $29,271,462 | $16,817,634 |
| Invested Capital | $48,203,125 | $90,805,031 | $58,722,936 | $46,682,791 |
| Working Capital | $369,535 | $56,482,783 | $19,405,836 | $7,747,506 |
| Capital Lease Obligations | $4,012,925 | $3,469,203 | $4,282,188 | $1,607,276 |
| Total Capitalization | $24,693,782 | $63,990,794 | $31,455,139 | $18,682,791 |
| Additional Paid In Capital | $219,416,239 | $196,038,784 | $168,973,780 | $113,111,157 |
| Capital Stock | $23,127 | $22,126 | $21,024 | $17,637 |
| Common Stock | $23,127 | $22,126 | $21,024 | $17,637 |
| Long Term Capital Lease Obligation | $1,934,528 | $1,044,068 | $2,273,154 | $750,707 |
| Current Capital Lease Obligation | $2,078,397 | $2,425,135 | $2,009,034 | $856,569 |
| Line Of Credit | $21,800,000 | $26,814,237 | $27,267,797 | $28,000,000 |
| Current Accrued Expenses | $2,864,484 | $3,148,555 | $4,140,538 | $2,217,868 |
| Dueto Related Parties Current | $4,541,801 | $7,523,295 | $1,158,040 | $2,137,738 |
| Investments And Advances | $2,500,000 | $0 | - | - |
| Available For Sale Securities | $2,500,000 | - | - | - |
| Net PPE | $4,119,685 | $3,546,590 | $4,330,221 | $1,891,803 |
| Gross PPE | $4,119,685 | $3,546,590 | $4,330,221 | $1,891,803 |
| Other Properties | $4,119,685 | $3,546,590 | $4,330,221 | $1,891,803 |
| Duefrom Related Parties Current | $9,076,416 | $16,566,524 | $8,526,012 | $22,817,152 |
| Current Deferred Revenue | - | $0 | $15,000,000 | $15,000,000 |
| Buildings And Improvements | - | $3,313,215 | $4,327,705 | $1,857,577 |
| Properties | - | $0 | $0 | $0 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Free Cash Flow | $-20,676,488 | $-4,401,691 | $-2,915,801 | $-1,176,392 |
Operating Activities
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Operating Cash Flow | $-20,676,488 | $-3,809,353 | $-1,123,895 | $-989,204 |
| Cash Flow From Continuing Operating Activities | $-20,676,488 | $-3,809,353 | $-1,123,895 | $-989,204 |
| Operating Gains Losses | $6,220,114 | $-8,949,398 | $-44,869 | $-108,372 |
Investing Activities
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Investing Cash Flow | $-14,975,000 | $-592,338 | $13,974,214 | $-3,193,861 |
| Cash Flow From Continuing Investing Activities | $-14,975,000 | $-592,338 | $13,974,214 | $-3,193,861 |
| Capital Expenditure | - | $-592,338 | $-1,791,906 | $-187,188 |
| Net Other Investing Changes | - | - | $15,755,600 | $-3,006,673 |
Financing Activities
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Issuance Of Capital Stock | $5,799,969 | $44,072,323 | $600,000 | $6,200,000 |
| Financing Cash Flow | $9,874,380 | $30,907,356 | $-4,555,972 | $6,650,000 |
| Cash Flow From Continuing Financing Activities | $9,874,380 | $30,907,356 | $-4,555,972 | $6,650,000 |
| Net Other Financing Charges | $-3,967,865 | $-12,421,207 | $-4,223,769 | - |
| Net Common Stock Issuance | $5,799,969 | $44,072,323 | $600,000 | $6,200,000 |
| Common Stock Issuance | $5,799,969 | $44,072,323 | $600,000 | $6,200,000 |
Other
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Repayment Of Debt | $-58,941,004 | $-54,243,760 | $-31,369,203 | $-33,850,000 |
| Issuance Of Debt | $66,983,280 | $53,500,000 | $30,437,000 | $34,300,000 |
| End Cash Position | $19,529,707 | $46,145,326 | $19,873,652 | $11,574,189 |
| Beginning Cash Position | $46,145,326 | $19,873,652 | $11,574,189 | $9,107,254 |
| Effect Of Exchange Rate Changes | $-838,511 | $-233,991 | $5,116 | $0 |
| Changes In Cash | $-25,777,108 | $26,505,665 | $8,294,347 | $2,466,935 |
| Net Issuance Payments Of Debt | $8,042,276 | $-743,760 | $-932,203 | $450,000 |
| Net Short Term Debt Issuance | $8,042,276 | $-743,760 | $-932,203 | $450,000 |
| Short Term Debt Payments | $-58,941,004 | $-54,243,760 | $-31,369,203 | $-33,850,000 |
| Short Term Debt Issuance | $66,983,280 | $53,500,000 | $30,437,000 | $34,300,000 |
| Net Business Purchase And Sale | $-14,975,000 | $0 | $0 | - |
| Purchase Of Business | $-14,975,000 | $0 | $0 | - |
| Net Intangibles Purchase And Sale | $0 | $-316,236 | $-1,791,906 | $-187,188 |
| Purchase Of Intangibles | $0 | $-316,236 | $-1,791,906 | $-187,188 |
| Net PPE Purchase And Sale | $0 | $-276,102 | $10,520 | $0 |
| Sale Of PPE | $0 | $0 | $10,520 | $0 |
| Purchase Of PPE | $0 | $-276,102 | $0 | $0 |
| Change In Working Capital | $10,246,002 | $-20,989,986 | $-18,949,951 | $-16,957,695 |
| Change In Other Current Liabilities | $-2,175,762 | $-1,999,242 | $-2,144,171 | $-2,686,731 |
| Change In Other Current Assets | $-573,649 | $15,000 | $159,865 | $-220,001 |
| Change In Payables And Accrued Expense | $7,981,819 | $55,731,544 | $18,875,683 | $14,078,183 |
| Change In Accrued Expense | $-3,941,186 | $914,832 | $8,691,653 | $-4,696,230 |
| Change In Payable | $11,923,005 | $54,816,712 | $10,184,030 | $18,774,413 |
| Change In Account Payable | $7,357,872 | $19,816,427 | $10,047,563 | $17,276,935 |
| Change In Tax Payable | $15,853 | $14,404 | $28,343 | $0 |
| Change In Income Tax Payable | $15,853 | $14,404 | $28,343 | $0 |
| Change In Prepaid Assets | $2,661,378 | $-1,240,202 | $-3,311,573 | $-520,757 |
| Change In Receivables | $2,352,216 | $-73,497,086 | $-32,529,755 | $-27,608,389 |
| Changes In Account Receivables | $3,938,524 | $-65,456,574 | $-29,805,495 | $-28,627,309 |
| Other Non Cash Items | $2,761,739 | - | - | - |
| Stock Based Compensation | $97,765 | $0 | $55,266,010 | $535,854 |
| Provisionand Write Offof Assets | $21,421,734 | $4,118,332 | $1,854,686 | $0 |
| Deferred Tax | $-2,626,562 | $5,496,536 | $513,577 | $-2,110,635 |
| Deferred Income Tax | $-2,626,562 | $5,496,536 | $513,577 | $-2,110,635 |
| Depreciation Amortization Depletion | $3,222,319 | $3,263,410 | $3,335,432 | $3,392,238 |
| Depreciation And Amortization | $3,222,319 | $3,263,410 | $3,335,432 | $3,392,238 |
| Depreciation | $3,222,319 | $3,263,410 | $3,335,432 | $3,392,238 |
| Gain Loss On Investment Securities | $-920,523 | - | - | - |
| Gain Loss On Sale Of PPE | $-34,321 | $46,943 | $-44,869 | $-108,372 |
| Net Income From Continuing Operations | $-62,019,599 | $13,251,753 | $-43,098,780 | $14,259,406 |
| Interest Paid Supplemental Data | - | $4,255,412 | $1,241,082 | $1,459,818 |
| Income Tax Paid Supplemental Data | - | $0 | $0 | $0 |