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The latest update is out from Zhibao Technology Inc. Class A ( (ZBAO) ).
Zhibao Technology Inc. announced revisions to its unaudited condensed consolidated financial statements for the six months ended December 31, 2024, due to an error in accounting for convertible notes and warrants. The company’s audit committee, along with management and auditors, approved the reclassification of warrants as liabilities instead of equity on April 30, 2025. This correction is expected to impact the company’s financial reporting and may influence stakeholders’ perceptions of its financial health.
Spark’s Take on ZBAO Stock
According to Spark, TipRanks’ AI Analyst, ZBAO is a Neutral.
Zhibao Technology Inc. has a moderate overall stock score driven by strong revenue growth but offset by inconsistent profitability and cash flow challenges. Technical indicators suggest weak market momentum, while the valuation indicates potential undervaluation. The lack of dividend yield and absence of earnings call or corporate event data provide limited additional insight.
To see Spark’s full report on ZBAO stock, click here.
More about Zhibao Technology Inc. Class A
YTD Price Performance: -30.31%
Average Trading Volume: 216,405
Technical Sentiment Signal: Strong Buy
Current Market Cap: $35.15M
Find detailed analytics on ZBAO stock on TipRanks’ Stock Analysis page.