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Zhibao Technology Inc. Class A (ZBAO)
NASDAQ:ZBAO
US Market
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Zhibao Technology Inc. Class A (ZBAO) AI Stock Analysis

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ZBAO

Zhibao Technology Inc. Class A

(NASDAQ:ZBAO)

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Underperform 38 (OpenAI - 5.2)
Rating:38Underperform
Price Target:
$0.21
▼(-78.14% Downside)
Action:Downgraded
Date:07/14/26
The score is primarily held down by weak financial performance, driven by a sharp 2025 earnings reversal, persistent negative operating/free cash flow, and a riskier balance sheet profile versus 2024. Technicals reinforce the downside case as the stock trades well below key moving averages with negative MACD. Valuation offers limited support because the negative P/E reflects ongoing losses and there is no stated dividend yield.
Positive Factors
Steady gross margins
A stable gross margin near 40% across multiple years indicates the core product economics remain intact. That persistent unit-level profitability provides a durable foundation: if operating expenses and sales mix are managed, the company can recover operating profits without needing to rebuild its underlying margin structure.
Negative Factors
Consistent negative cash flow
Persistent negative operating and free cash flow means the company cannot self-fund operations or investment. This structural cash burn raises reliance on external financing, increasing dilution or refinancing risk and constraining strategic flexibility for at least the next several quarters if cash generation does not meaningfully improve.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady gross margins
A stable gross margin near 40% across multiple years indicates the core product economics remain intact. That persistent unit-level profitability provides a durable foundation: if operating expenses and sales mix are managed, the company can recover operating profits without needing to rebuild its underlying margin structure.
Read all positive factors

Zhibao Technology Inc. Class A (ZBAO) vs. SPDR S&P 500 ETF (SPY)

Zhibao Technology Inc. Class A Business Overview & Revenue Model

Company Description
Zhibao Technology Inc., operating through its various affiliated entities, offers online insurance brokerage services across the Chinese market. Beyond this primary activity, the company also furnishes managing general underwriter (MGU) capabiliti...

Zhibao Technology Inc. Class A Financial Statement Overview

Summary
Overall fundamentals are weak: 2025 revenue fell sharply (-25.5% YoY) and profitability swung from a positive net margin in 2024 (~7.2%) to a sizable loss in 2025 (net margin ~-22.4%, EBIT margin ~-19.0%). Cash generation is the biggest issue with negative operating and free cash flow every year shown (2025 OCF about -$2.9M), implying ongoing funding risk. The balance sheet also weakened versus 2024, with 2025 debt-to-equity about 1.24x and very negative ROE due to losses.
Income Statement
34
Negative
Balance Sheet
38
Negative
Cash Flow
18
Very Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue434.09M276.94M183.66M142.06M108.20M45.60M
Gross Profit169.71M113.57M74.76M58.60M47.16M24.22M
EBITDA-51.97M-58.10M22.87M-38.30M16.70M-32.47M
Net Income-67.02M-62.02M13.25M-43.09M14.26M-37.03M
Balance Sheet
Total Assets40.48M170.59M28.73M128.00M95.87M69.40M
Cash, Cash Equivalents and Short-Term Investments3.93M10.27M330.47K9.87M2.59M1.83M
Total Debt5.79M27.49M4.17M31.54M29.60M38.64M
Total Liabilities33.43M145.92M19.93M96.55M77.19M71.71M
Stockholders Equity2.84M24.67M8.81M31.45M18.68M-2.31M
Cash Flow
Free Cash Flow-112.61M-20.53M-4.40M-3.04M-1.22M-17.67M
Operating Cash Flow-112.59M-20.53M-3.81M-1.17M-1.03M-17.27M
Investing Cash Flow9.40M-14.87M-81.96K14.55M-3.31M-6.07M
Financing Cash Flow25.29M9.80M4.25M-4.74M6.90M20.10M

Zhibao Technology Inc. Class A Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.97
Price Trends
50DMA
0.61
Negative
100DMA
0.72
Negative
200DMA
0.84
Negative
Market Momentum
MACD
-0.10
Positive
RSI
29.78
Positive
STOCH
9.40
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ZBAO, the sentiment is Negative. The current price of 0.97 is above the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.61, and above the 200-day MA of 0.84, indicating a bearish trend. The MACD of -0.10 indicates Positive momentum. The RSI at 29.78 is Positive, neither overbought nor oversold. The STOCH value of 9.40 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ZBAO.

Zhibao Technology Inc. Class A Risk Analysis

Zhibao Technology Inc. Class A disclosed 71 risk factors in its most recent earnings report. Zhibao Technology Inc. Class A reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Zhibao Technology Inc. Class A Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
50
Neutral
$50.06M0.023.06%-1.61%1929.09%
44
Neutral
$55.74M-0.99-53.60%15.42%
43
Neutral
$5.08M-0.10-1292.87%-72.78%
38
Underperform
$7.50M-0.74-404.40%37.29%-396.13%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ZBAO
Zhibao Technology Inc. Class A
0.23
-0.77
-77.27%
INHD
Inno Holdings, Inc.
39.49
-661.31
-94.37%
FBLG
FibroBiologics, Inc.
0.83
-12.51
-93.75%
LGCL
Lucas GC Limited
1.17
-41.23
-97.24%
UBXG
U-BX Technology Ltd.
5.03
-70.85
-93.37%
BOLD
Boundless Bio Inc.
2.48
1.33
115.65%

Zhibao Technology Inc. Class A Corporate Events

Zhibao Technology Overhauls Board and Finance Leadership After July 1 Director Resignations
Jul 6, 2026
On July 1, 2026, Zhibao Technology Inc. saw the resignation of director and Chief Financial Officer Yuanwen Xia and three independent directors, with the board noting that none of the departures resulted from disagreements over the company’s...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 14, 2026