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JDZG

JIADE Limited

JDZG

JIADE Limited • NASDAQ
$1.53 ▲ 5.52% (+0.08)
Market Cap $4.69 M
52w High $14.00
52w Low $1.19
Dividend Yield 0%
P/E 5.88
Volume 8.74K
Outstanding Shares 3.07M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $4.91M ▲ $2.301M ▲ $214.84K ▼ 4.375% ▼ $0.009 ▼ $-13.836K ▼
Q2-2024 $4.461M ▲ $1.011M ▲ $2.587M ▲ 57.99% ▼ $0.11 ▲ $3.296M ▲
Q4-2023 $3.893M ▼ $751.018K ▼ $2.275M ▼ 58.431% ▼ $0.1 ▼ $2.684M ▼
Q3-2023 $4.152M ▲ $914.827K ▲ $2.665M ▲ 64.171% ▲ $0.12 ▲ $3.172M ▲
Q2-2023 $3.763M $761.723K $2.272M 60.38% $0.1 $2.855M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $3.918M ▼ $81.334M ▲ $10.035M ▲ $71.149M ▲
Q2-2024 $62.637M ▲ $75.194M ▲ $7.563M ▲ $67.439M ▲
Q4-2023 $7.082M ▲ $25.232M ▲ $7.41M ▲ $17.676M ▲
Q3-2023 $3.789M ▲ $22.302M ▲ $6.774M ▲ $15.401M ▲
Q4-2022 $374.587K $1.932M $851.649K $1.071M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $214.84K ▼ $0 $0 $0 $0 $0
Q2-2024 $2.587M ▲ $0 ▼ $0 ▼ $0 ▲ $0 ▼ $0 ▼
Q4-2023 $2.293M ▲ $2.504M ▲ $1.409M ▲ $-620.401K ▼ $3.293M ▲ $2.501M ▲
Q2-2023 $2.272M ▲ $0 ▼ $0 $0 ▼ $0 ▼ $0 ▼
Q4-2022 $1.468M $1.67M $0 $886.934K $2.557M $1.67M

Five-Year Company Overview

Income Statement

Income Statement The business is still very small and early-stage, but it is already generating some revenue and has recently been able to report profits, which is unusual for a young tech and education services company. Revenue levels are modest and appear fairly stable rather than fast-growing so far, which suggests the company is still in a pilot or focused expansion phase rather than full-scale rollout. Profitability looks helped by a lean cost structure and limited overhead, not by a large or diversified customer base. Earnings per share have moved around, which likely reflects changes in share count and early-stage volatility more than a mature earnings pattern. Overall, the income statement shows a company that has moved out of the “idea only” stage and into “small but working business,” yet has not yet demonstrated strong or consistent growth momentum.

Balance Sheet

Balance Sheet The balance sheet is simple and relatively clean. Total assets have grown, which signals that the company is investing in its operations and building its platform and related capabilities. Equity has increased, which is what you want to see in a business that is still building itself. The company reports essentially no traditional debt, which reduces financial risk but also means it relies on its own equity and cash generation to fund growth. Cash levels are not large, so its financial cushion is not deep, and continued access to funding or improved cash generation will matter. Overall, the balance sheet looks tidy and unburdened by leverage, but also still quite small and sensitive to swings in performance.

Cash Flow

Cash Flow Cash flows highlight the growing pains of an early-stage tech and services firm. Operating cash flow has flipped between slightly positive and slightly negative, showing that the underlying business is close to break-even in cash terms but not yet reliably self-funding. Free cash flow has recently turned negative, mainly because the company has started to invest more in its platform and related assets. This is typical for a company trying to scale, but it does mean that external funding or future profit growth will be important to support these investments. In short, cash flow is not alarming but also not yet strong or stable, and it underlines the company’s dependence on successful execution of its growth plans.

Competitive Edge

Competitive Edge JIADE operates in a narrow slice of China’s education market, focusing on administrative and support services for adult education institutions. Its main strength is a homegrown, integrated platform that handles the student journey from inquiry to graduation, combined with offline services such as tutoring and exam support. This “one-stop” model can make it hard for customers to switch once they are fully onboarded, which is a potential source of competitive stickiness. The company currently has a regional footprint, concentrated in Sichuan, which can help it build a local reputation but also limits its diversification. The broader adult education market in China is crowded and includes larger, better-funded players, so JIADE’s position is that of a niche, emerging player rather than a dominant force. Its ability to expand beyond its home region while defending margins will be a key test of its competitive strength.

Innovation and R&D

Innovation and R&D Innovation centers on the proprietary KB Platform, which integrates enrollment, academic management, and data-driven tools, supported by a portfolio of software copyrights. This gives the company some differentiation, especially for smaller institutions that cannot build such systems themselves. IPO proceeds are being directed toward enhancing the technology, adding more advanced analytics and automation, and extending services such as examination centers. Management has also flagged potential acquisitions in vocational education and training, which could both deepen its product offering and give more real-world environments to refine the platform. All of this points to an active innovation agenda, but it is still mostly a roadmap rather than fully realized outcomes, and the real test will be how quickly these investments translate into broader adoption and recurring revenue.

Summary

JIADE Limited is an early-stage, niche technology and services provider to China’s adult education market, with a clean but small balance sheet, modest revenue, and recent profitability that may still be fragile. Its core asset is an integrated platform that can embed the company deeply into clients’ operations, supported by a mix of online technology and offline services. Financially, the company is close to cash break-even and is starting to invest more heavily in growth, which creates both opportunity and execution risk. Competitively, it has a promising “one-stop” model in a fragmented market, yet it operates against larger rivals and remains concentrated in one region. The long-term story will hinge on whether it can scale its platform, expand geographically, and maintain its service quality while turning early promise into durable, recurring cash flows.