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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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Neutral 41 (OpenAI - 5.2)
Rating:41Neutral
Price Target:
$0.24
▲(35.56% Upside)
Action:Reiterated
Date:08/04/26
The score is primarily driven by weak financial performance—sharp revenue decline, a return to sizable losses, and persistent negative operating/free cash flow—alongside a weaker 2025 balance sheet profile (debt exceeding equity). Technical indicators also remain bearish with price well below key moving averages and negative MACD. Valuation does not provide support because losses (negative P/E) and the absence of a dividend limit downside mitigation.
Positive Factors
Stable gross margins
Consistent ~40% gross margins indicate Zhibao's core underwriting/unit economics remain intact despite operating losses. That steady margin provides a durable foundation for profitability if operating costs are controlled or scale improves, supporting medium-term recovery potential.
Negative Factors
Persistent negative cash flow
Sustained negative operating and free cash flows mean the business cannot self-fund operations or growth. That persistent cash burn raises reliance on external financing, increases dilution risk, and constrains strategic flexibility over the medium term if cash trends don't reverse.
Read all positive and negative factors
Positive Factors
Negative Factors
Stable gross margins
Consistent ~40% gross margins indicate Zhibao's core underwriting/unit economics remain intact despite operating losses. That steady margin provides a durable foundation for profitability if operating costs are controlled or scale improves, supporting medium-term recovery potential.
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...
How the Company Makes Money
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Zhibao Technology Inc. Class A Financial Statement Overview

Summary
Fundamentals are weak overall: revenue fell sharply in 2025 (-25.452% vs. 2024), profitability swung back to a large loss (net margin about -22.4%; EBIT margin about -19.0%), and operating/free cash flow have been consistently negative with a steep 2025 free cash flow deterioration. The balance sheet also looks riskier in 2025 with debt higher than equity (debt-to-equity about 1.24x) and deeply negative ROE, despite relatively steady ~40% gross margins suggesting core unit economics are not collapsing.
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 Price0.18
Price Trends
50DMA
0.25
Negative
100DMA
0.49
Negative
200DMA
0.70
Negative
Market Momentum
MACD
-0.03
Negative
RSI
41.05
Neutral
STOCH
52.52
Neutral
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 0.18 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.25, and below the 200-day MA of 0.70, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 41.05 is Neutral, neither overbought nor oversold. The STOCH value of 52.52 is Neutral, 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%
49
Neutral
$12.05M-0.30-536.78%22.10%
48
Neutral
$65.29M-1.00-70.89%1.11%
41
Neutral
$8.15M-0.54-424.23%37.29%-396.13%
37
Underperform
$1.29M3.06%-1.61%1929.09%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ZBAO
Zhibao Technology Inc. Class A
0.17
-0.92
-84.77%
INHD
Inno Holdings, Inc.
4.53
-3,446.67
-99.87%
FBLG
FibroBiologics, Inc.
1.81
-8.96
-83.19%
LGCL
Lucas GC Limited
3.76
-2,596.24
-99.86%
BOLD
Boundless Bio Inc.
2.87
1.72
149.57%

Zhibao Technology Inc. Class A Corporate Events

Zhibao Technology Strikes Bitcoin-Funded PIPE Deal and Overhauls Board
Jul 31, 2026
On July 31, 2026, Zhibao Technology Inc. entered into a definitive Securities Purchase Agreement with non-U.S. investors for a private investment in public equity (PIPE) financing, under which it will issue 442,000,000 Class A ordinary shares and ...
Zhibao Technology Adopts Cayman Home-Country Governance Exemptions on Nasdaq
Jul 23, 2026
On July 23, 2026, Zhibao Technology Inc. reported that it has elected to follow certain Cayman Islands home country corporate governance practices instead of specified Nasdaq rules, including those requiring a majority-independent board, regular m...
Zhibao Technology Inc. Signs Non-Binding Term Sheet for Bitcoin-Funded PIPE Financing
Jul 22, 2026
Zhibao Technology Inc., a leading Chinese InsurTech player focused on digital embedded insurance and brokerage services, continues to scale its 2B2C platform-based model across multiple industries, from travel and sports to logistics and e-commerc...
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: Aug 04, 2026