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LZ Technology Holdings Ltd
CIK 1967397Updated Sep 24, 2026
SecurityLZMH · NASDAQ · equity
LZMH price & chart
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 55,782,000Source | 41,869,000Source | 286,139,000Source |
| Property, Plant and Equipment, NetUSD | 1,282,000Source | 2,274,000Source | 24,441,000Source |
| GoodwillUSD | 237,000Source | — | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 169,000Source | 292,000Source | 3,082,000Source |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 3,357,000Source | 569,000Source | 10,776,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 35,470,000Source | 30,600,000Source | 191,105,000Source |
| Inventory, NetUSD | 458,000Source | — | — |
| Assets, CurrentUSD | 52,918,000Source | 38,108,000Source | 254,512,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,938,000Source | 1,516,000Source | 9,579,000Source |
| Operating Lease, Right-of-Use AssetUSD | 461,000Source | 356,000Source | — |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 47,569,000Source | 32,629,000Source | 224,472,000Source |
| Stockholders’ equity: | |||
| Retained Earnings (Accumulated Deficit)USD | -47,002,000Source | -21,264,000Source | -160,757,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -56,000Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 6,957,000Source | 8,919,000Source | 57,553,000Source |
| Additional Paid in Capital, Common StockUSD | 54,011,000Source | 30,179,000Source | 218,284,000Source |
| Liabilities and EquityUSD | 55,782,000Source | 41,869,000Source | 286,139,000Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 47,224,000Source | 32,147,000Source | 222,170,000Source |
| Operating Lease, Liability, CurrentUSD | 165,000Source | 63,000Source | — |
| Accounts Payable, CurrentUSD | 28,867,000Source | 24,810,000Source | 162,313,000Source |
| Operating Lease, Liability, NoncurrentUSD | 321,000Source | 305,000Source | — |
| Deferred Income Tax Liabilities, NetUSD | 24,000Source | 86,000Source | 2,302,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 1,256,000Source | 321,000Source | 4,114,000Source |
| Additional Financial Items | |||
| Deferred Tax Liabilities, NetCNY | 170,000Source | 626,000Source | 2,302,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 91,000Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -24,778,000Source | 791,000Source | -6,372,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 15,888,000Source | — | — |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | 4,142,000Source | 4,564,000Source | 147,166,000Source |
| Increase (Decrease) in InventoriesUSD | 457,000Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | -57,000Source | -230,000Source | 2,302,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -5,891,000Source | 640,000Source | -16,844,000Source |
| Cash flows from investing activities: | |||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 15,000Source | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -3,654,000Source | -195,000Source | -23,245,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 83,000Source | 48,000Source | 111,000Source |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 12,365,000Source | -1,352,000Source | 43,883,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 2,764,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,357,000Source | 570,000Source | 1,477,000Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 134,000Source | 98,000Source | 340,000Source |
| Income Taxes Paid, NetUSD | — | 31,000Source | 19,000Source |
| Additional Financial Items | |||
| DepreciationCNY | 7,603,000Source | 8,696,000Source | 9,183,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -49,000Source | -60,000Source | -704,000Source |
| General and Administrative ExpenseUSD | 10,513,000Source | 1,682,000Source | 15,428,000Source |
| GoodwillUSD | 237,000Source | — | — |
| Income Tax Expense (Benefit)USD | 73,000Source | -133,000Source | 2,368,000Source |
| Net Income (Loss) Attributable to ParentUSD | -24,807,000Source | 759,000Source | -6,209,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 29,000Source | 32,000Source | -163,000Source |
| Nonoperating Income (Expense)USD | — | 161,000Source | 2,435,000Source |
| Operating ExpensesUSD | 30,496,000Source | 4,222,000Source | 37,695,000Source |
| Operating Lease, ExpenseCNY | 827,000Source | 259,000Source | 0Source |
| Operating Lease, Impairment LossCNY | -955,000Source | -217,000Source | — |
| Other Nonoperating Income (Expense)USD | 464,000Source | — | — |
| Proceeds from Contributed CapitalCNY | — | — | 47,714,000Source |
| Proceeds from Noncontrolling InterestsUSD | 701,000Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 161,446,000Source | 112,728,000Source | 568,865,000Source |
| Cost of Goods and Services Sold | — | — | — |
| Operating Income (Loss)USD | -25,169,000Source | 497,000Source | -6,439,000Source |
| Other Nonoperating Income (Expense)USD | 464,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -24,705,000Source | 658,000Source | -4,004,000Source |
| Income Tax Expense (Benefit)USD | 73,000Source | -133,000Source | 2,368,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 29,000Source | 32,000Source | -163,000Source |
| Net Income (Loss) Attributable to ParentUSD | -24,807,000Source | 759,000Source | -6,209,000Source |
| Earnings Per Share, BasicUSD per share | -0.16Source | 0.01Source | -0.04Source |
| Earnings Per Share, DilutedUSD per share | -0.16Source | 0.01Source | -0.04Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 154,145,534Source | 148,090,150Source | 143,590,637Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 154,145,534Source | 148,090,150Source | 143,590,637Source |
| Additional Financial Items | |||
| Current Income Tax Expense (Benefit)CNY | 909,000Source | 704,000Source | 66,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 1,261,000Source | 1,193,000Source | 10,131,000Source |
| General and Administrative ExpenseUSD | 10,513,000Source | 1,682,000Source | 15,428,000Source |
| Gross ProfitUSD | 5,327,000Source | 4,719,000Source | 31,256,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticCNY | 3,000,000Source | — | — |
| Nonoperating Income (Expense)USD | — | 161,000Source | 2,435,000Source |
| Operating ExpensesUSD | 30,496,000Source | 4,222,000Source | 37,695,000Source |
| Operating Lease, ExpenseCNY | 827,000Source | 259,000Source | 0Source |
| Research and Development ExpenseUSD | 8,049,000Source | 612,000Source | 5,478,000Source |
| Selling and Marketing ExpenseUSD | 11,934,000Source | 1,928,000Source | 16,789,000Source |