Issue 003 | U.S. Pilot | US

JZXN

Jiuzi Holdings, Inc.

Screen state: Passing Source state: Verified 20-F | 2026-02-24 Filing currency: USD
Internal NCAV Discount 88.9%

GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.

Current Assets
16,551,643USD
Total Liabilities
3,127,453USD
NCAV
13,424,190USD
Cash
n/a
NCAV per share
0.14USD/share
Evidence
5 annual | 7 quarterly

Mary filing review

Financial Statement Evidence

Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.

Evaluated
12
Triggered
4
Unavailable
3
Requires inspection Negative OCF -1,011,864
Latest
-1,011,8642025-10-31
Comparison
n/a
Change
n/a

Basis: latest reporting-period cash from operations < 0

Source periods: SEC 20-F 2025-10-31 · 0001213900-26-019888

Supporting observation NCAV Growing 13,424,190
Latest
13,424,1902025-10-31
Comparison
8,417,5582024-10-31
Change
+59.5%

Basis: equivalent prior-year NCAV change >= +2%; both NCAV values must be positive

Source periods: SEC 20-F 2025-10-31 · 0001213900-26-019888; REPORTED_FILING 20-F 2024-10-31

Supporting observation Share Count Reduced 1,255,785
Latest
1,255,7852025-10-31
Comparison
11,011,3892024-10-31
Change
-88.6%

Basis: 1Y share change <= -2% using the same share-count source

Source periods: SEC 20-F 2025-10-31 · 0001213900-26-019888; REPORTED_FILING 20-F 2024-10-31

Supporting observation Current Ratio > 1.5 5.79
Latest
5.792025-10-31
Comparison
1.5
Change
n/a

Basis: current assets / current liabilities; strong if > 1.5

Source periods: SEC 20-F 2025-10-31 · 0001213900-26-019888

3 unavailable checks — inspect missing inputs
High Debt (short-term debt + long-term debt) / ordinary equity >= 50%
Low Debt (short-term debt + long-term debt) / ordinary equity < 20%
Non-Positive Equity ordinary shareholders equity <= 0

Business Profile

Published only when a substantive filing-text profile has been prepared for this issue.

Not available for this issue.

A substantive filing-text profile was not prepared for this company. Financial statement evidence and filing links remain available above for direct inspection.

Share Count & Per-Share Comparability

Data Vault has not published the normalized share-count artifact for this company.

Known Unknowns

Only 7 quarterly periods available from Data Vault for this company.

Medium | Share Count

The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric
2025-10-31
20-F
USD
2024-10-31
20-F
USD
2023-10-31
20-F
USD
2022-10-31
20-F
USD
2021-10-31
20-F
USD
Revenue 2,882,738 1,400,139 5,931,000 5,565,575 1,606,425
Operating Income -10,017,471 -55,667,377 -9,499,507 -17,151,253 1,317,135
Net Income -10,191,058 -59,132,923 -9,388,548 -16,832,101 778,037
Cash From Operations -1,011,864 -50,620,497 -5,475,912 -8,872,650 -4,811,137
Capex -66,491 n/a n/a -24,646 -306,576
Free Cash Flow -1,078,355 n/a n/a -8,897,296 -5,117,713
Cash And Equivalents n/a 943,435 1,170,837 2,329,401 7,372,895
Accounts Receivable 805,359 278,900 9,177 39,347 6,566
Inventory n/a n/a 955,453 628,187 266,106
Total Current Assets 16,551,643 10,616,621 10,471,777 12,248,396 22,220,204
Total Assets 17,181,403 10,616,621 11,390,076 15,326,174 28,152,924
Total Current Liabilities 2,857,795 2,199,063 6,728,526 8,334,530 4,022,280
Total Liabilities 3,127,453 2,199,063 7,090,760 9,244,954 5,823,552
Shareholders Equity 14,053,950 8,417,558 4,229,784 5,943,807 22,064,687
Shares Outstanding 1,255,785 11,011,389 4,065,609 21,426,844 21,426,844
Shares Outstanding Diluted n/a n/a n/a n/a n/a
Weighted Avg Shares Diluted 346,866 8,953,333 4,065,609 22,089,013 17,580,461
Weighted Avg Shares Basic 346,866 8,953,333 4,065,609 22,089,013 17,580,461
Net Share Count Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Ownership Claim Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Only 7 quarterly periods available from Data Vault for this company.

Metric
2025-04-30
6-K
USD
2024-10-31
6-K
USD
2024-04-30
6-K
USD
2023-10-31
6-K
USD
2023-04-30
6-K
USD
2022-10-31
6-K
USD
2022-04-30
6-K
USD
Revenue 978,564 1,400,139 2,281,238 5,931,000 614,815 5,565,575 3,574,697
Operating Income -624,961 -55,667,377 -15,864,414 -9,499,507 -6,122,096 -17,151,253 -6,528,418
Net Income -675,742 -59,132,923 -15,789,532 -9,388,548 -6,537,968 -16,832,101 -5,250,739
Cash From Operations -791,220 -50,620,497 -50,830,164 -5,475,912 -2,677,367 -8,872,650 -4,295,043
Capex -23,765 n/a n/a n/a -7,499 -24,646 -8,362
Free Cash Flow -814,985 n/a n/a n/a -2,684,866 -8,897,296 -4,303,405
Cash And Equivalents 344,235 943,435 271,645 1,139,191 827,308 2,329,401 5,950,372
Total Current Assets 9,889,473 10,616,621 55,478,004 10,471,777 8,721,661 12,248,396 n/a
Total Liabilities 2,359,216 2,199,063 6,082,340 7,090,760 6,800,160 9,244,954 n/a
Shares Outstanding 55,056,945 55,056,945 135,301,969 4,065,609 2,584,804 1,363,630 n/a
Shares Outstanding Diluted n/a n/a n/a n/a n/a n/a n/a
Weighted Avg Shares Diluted 55,056,945 8,953,333 52,039,215 4,065,609 1,905,793 22,089,013 1,190,380
Weighted Avg Shares Basic 55,056,945 8,953,333 52,039,215 4,065,609 1,905,793 22,089,013 1,190,380
Net Share Count Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Ownership Claim Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input Value Source concept Filing period Confidence Provenance
Current Assets 9,889,473USD us-gaap:AssetsCurrent 2025-04-30 1.00 Data Vault | sec/companyfacts/cik=0001816172/companyfacts.json
Data Vault | sec/companyfacts/cik=0001816172/companyfacts.json
Total Liabilities 2,359,216USD us-gaap:Liabilities 2025-04-30 1.00 Data Vault | sec/companyfacts/cik=0001816172/companyfacts.json
Data Vault | sec/companyfacts/cik=0001816172/companyfacts.json
Cash 344,235USD us-gaap:CashAndCashEquivalentsAtCarryingValue 2025-04-30 1.00 Data Vault | sec/companyfacts/cik=0001816172/companyfacts.json
Data Vault | sec/companyfacts/cik=0001816172/companyfacts.json
Shares Outstanding 55,056,945 us-gaap:CommonStockSharesOutstanding 2025-04-30 1.00 Data Vault | sec/companyfacts/cik=0001816172/companyfacts.json
Data Vault | sec/companyfacts/cik=0001816172/companyfacts.json
NCAV 7,530,257USD derived 2025-04-30 n/a company-evidence-v1 | total_current_assets - total_liabilities
NCAV per share 0.14USD derived 2025-04-30 n/a company-evidence-v1 | NCAV / shares_outstanding
Internal NCAV Discount 88.9% derived 2025-04-30 n/a gnni_publication_pack | internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source
Data Vault
Data Vault Root
Local evidence | The Data Vault
CIK
0001816172
Company ID
n/a
Selected Annual Source
Data Vault | sec/companyfacts/cik=0001816172/companyfacts.json
Selected Quarterly Source
Data Vault | sec/companyfacts/cik=0001816172/companyfacts.json
Statement Extractor
companyfacts-screener-v1
View Extractor
companyfacts-screener-v1
Source Accession Count
7
Imported At
2026-08-15T12:52:19+00:00
Rendered At
2026-08-16T03:29:48+00:00

Run Audit

Mary Run
8f67c1da7de642feb640d04491409c50
Mary As Of
2026-07-25
Accession
0001213900-26-019888
CIK
0001816172
Mary Filing Date
2026-02-24
Filing Currency
USD
Internal Discount
88.9%
Source State
Verified
Market Context
Not Displayed
Market Policy
internal_only_not_redistributed
Share Trend
Not Evaluated
Dilution
Needs Review

mary_run=8f67c1da7de642feb640d04491409c50; mary_as_of=2026-07-25; mary_filing_date=2026-02-24; mary_accession=0001213900-26-019888; mary_cik=0001816172; gnni_supporting_filing_date=2026-02-24; internal_discount=0.88868; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.

Back to Register Report a correction Archive