2023 Q1 Form 20-F Financial Statement

#000121390023020339 Filed on March 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $6.216M $6.216M
YoY Change -34.83% -34.83%
Cost Of Revenue $6.458M $6.458M
YoY Change 31.54% 31.54%
Gross Profit -$242.4K -$242.4K
YoY Change -105.24% -105.24%
Gross Profit Margin -3.9% -3.9%
Selling, General & Admin $13.97M $6.699M
YoY Change 321.93% 102.39%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $165.6K $206.0K
YoY Change 355.63% 272.94%
% of Gross Profit
Operating Expenses $16.91M $6.699M
YoY Change 410.82% 102.39%
Operating Profit -$17.15M -$17.15M
YoY Change -1402.16% -1402.16%
Interest Expense -$1.331M $1.337M
YoY Change -23330.89% 23236.09%
% of Operating Profit
Other Income/Expense, Net $1.650M $319.1K
YoY Change 82825.13% 15934.22%
Pretax Income -$16.83M -$16.83M
YoY Change -1370.49% -1370.49%
Income Tax -$70.00 -$70.00
% Of Pretax Income
Net Earnings -$16.80M -$16.83M
YoY Change -2164.72% -2168.46%
Net Earnings / Revenue -270.31% -270.8%
Basic Earnings Per Share -$0.76
Diluted Earnings Per Share -$0.76 -$0.76
COMMON SHARES
Basic Shares Outstanding 36.03M shares 22.09M shares
Diluted Shares Outstanding 22.09M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.164M $3.164M
YoY Change -63.01% -63.01%
Cash & Equivalents $2.329M $2.329M
Short-Term Investments $834.3K $834.3K
Other Short-Term Assets $434.0K $434.0K
YoY Change -72.78% -72.78%
Inventory $628.2K $628.2K
Prepaid Expenses
Receivables $39.35K $254.3K
Other Receivables $7.768M $7.768M
Total Short-Term Assets $12.25M $12.25M
YoY Change -44.88% -44.88%
LONG-TERM ASSETS
Property, Plant & Equipment $641.4K $1.367M
YoY Change -47.4% 12.13%
Goodwill
YoY Change
Intangibles $12.39K
YoY Change -31.35%
Long-Term Investments
YoY Change
Other Assets $66.78K $66.78K
YoY Change -88.05% -88.05%
Total Long-Term Assets $3.078M $3.078M
YoY Change -48.12% -48.12%
TOTAL ASSETS
Total Short-Term Assets $12.25M $12.25M
Total Long-Term Assets $3.078M $3.078M
Total Assets $15.33M $15.33M
YoY Change -45.56% -45.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.990K
YoY Change -88.36%
Accrued Expenses $663.0K $663.0K
YoY Change -12.59% -12.59%
Deferred Revenue $1.343M
YoY Change 1069.06%
Short-Term Debt $2.835M $2.835M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $8.335M $8.335M
YoY Change 107.21% 107.21%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $910.4K $910.4K
YoY Change -49.46% -49.46%
Total Long-Term Liabilities $910.4K $910.4K
YoY Change -49.46% -49.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.335M $8.335M
Total Long-Term Liabilities $910.4K $910.4K
Total Liabilities $9.245M $9.382M
YoY Change 51.85% 54.11%
SHAREHOLDERS EQUITY
Retained Earnings -$9.342M
YoY Change -225.24%
Common Stock $24.55K
YoY Change 14.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.944M $5.944M
YoY Change
Total Liabilities & Shareholders Equity $15.33M $15.33M
YoY Change -45.56% -45.56%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$16.80M -$16.83M
YoY Change -2164.72% -2168.46%
Depreciation, Depletion And Amortization $165.6K $206.0K
YoY Change 355.63% 272.94%
Cash From Operating Activities -$4.578M -$8.873M
YoY Change -2.15% 84.42%
INVESTING ACTIVITIES
Capital Expenditures $16.29K $24.65K
YoY Change -105.29% -107.96%
Acquisitions
YoY Change
Other Investing Activities $1.200M $261.5K
YoY Change -202.07% -122.24%
Cash From Investing Activities $1.184M $236.9K
YoY Change -179.79% -115.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$115.7K
YoY Change -100.9%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -597.4K $3.627M
YoY Change -104.64% -71.77%
NET CHANGE
Cash From Operating Activities -4.578M -$8.873M
Cash From Investing Activities 1.184M $236.9K
Cash From Financing Activities -597.4K $3.627M
Net Change In Cash -3.991M -$5.009M
YoY Change -159.48% -176.45%
FREE CASH FLOW
Cash From Operating Activities -$4.578M -$8.873M
Capital Expenditures $16.29K $24.65K
Free Cash Flow -$4.594M -$8.897M
YoY Change 5.11% 97.65%

Facts In Submission

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CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021 us-gaap Profit Loss
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CY2020 us-gaap Profit Loss
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CY2021 us-gaap Provision For Other Losses
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CY2020 us-gaap Provision For Other Losses
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CY2020 us-gaap Interest Expense Other
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CY2022 us-gaap Gain Loss On Disposition Of Assets
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CY2021 us-gaap Gain Loss On Disposition Of Assets
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CY2022 us-gaap Share Based Compensation
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2021 us-gaap Increase Decrease In Accounts Receivable
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CY2022 us-gaap Increase Decrease In Inventories
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CY2021 us-gaap Increase Decrease In Inventories
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CY2020 us-gaap Increase Decrease In Inventories
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CY2021 us-gaap Increase Decrease Due From Other Related Parties
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CY2020 us-gaap Increase Decrease Due From Other Related Parties
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CY2022 us-gaap Increase Decrease In Due To Related Parties
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CY2021 jzxn Increase Decrease In Other Assets
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CY2020 jzxn Increase Decrease In Other Assets
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CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
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CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
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CY2022 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
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CY2022 jzxn Decrease In Account Payable
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CY2021 jzxn Decrease In Account Payable
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CY2020 jzxn Decrease In Account Payable
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CY2021 us-gaap Increase Decrease In Due To Related Parties Current
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CY2020 us-gaap Increase Decrease In Due To Related Parties Current
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CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2022 jzxn Decrease Increase In Contract Liability
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CY2020 jzxn Decrease Increase In Contract Liability
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CY2022 jzxn Decrease Increase In Contract Liability Related Party
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CY2021 jzxn Decrease Increase In Contract Liability Related Party
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CY2020 jzxn Decrease Increase In Contract Liability Related Party
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CY2022 jzxn Decrease Increase In Operating Lease Liabilities
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CY2021 jzxn Decrease Increase In Operating Lease Liabilities
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CY2022 us-gaap Increase Decrease In Deferred Income Taxes
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CY2021 us-gaap Increase Decrease In Deferred Income Taxes
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CY2022 jzxn Proceed From Related Party Net
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q4 us-gaap Cash Cash Equivalents And Short Term Investments
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CY2021Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
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CY2020Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
764492 usd
CY2022Q4 us-gaap Restricted Cash
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2329401 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7372895 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022 jzxn Interest Received
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CY2021 jzxn Interest Received
InterestReceived
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CY2020 jzxn Interest Received
InterestReceived
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CY2021 us-gaap Income Taxes Paid
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CY2022 jzxn Purchase Price
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10 cny
CY2022 jzxn Exclusive Option Agreement
ExclusiveOptionAgreement
P10Y
CY2022 jzxn Exclusive Business Cooperation Agreement
ExclusiveBusinessCooperationAgreement
P10Y
CY2022 jzxn Share Pledge Agreement
SharePledgeAgreement
Under the Share Pledge Agreement between Jiuzi WFOE and certain shareholders of Zhejiang Jiuzi together holding 1,000,000 shares, or 100% of the equity interests, of Zhejiang Jiuzi (“Zhejiang Jiuzi Shareholders”), the Zhejiang Jiuzi Shareholders pledged all of their equity interests in Zhejiang Jiuzi to Jiuzi WFOE to guarantee the performance of Zhejiang Jiuzi’s obligations under the Exclusive Business Cooperation Agreement.
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration:underline">Use of Estimates</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Actual results and outcomes may differ from management’s estimates and assumptions. In particular, the novel coronavirus (“COVID-19”) pandemic and the resulting adverse impacts to global economic conditions, as well as our operations, may impact future estimates including, but not limited to, our allowance for loan losses, inventory valuations, fair value measurements, asset impairment charges and discount rate assumptions. Certain prior year amounts have been reclassified to conform to the current year’s presentation. Amounts and percentages may not total due to rounding.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022 jzxn Exchange Rate
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7.3003 usd
CY2022 jzxn Average Rate
AverageRate
6.6105 usd
CY2021 jzxn Exchange Rate
ExchangeRate
6.3968 usd
CY2021 jzxn Average Rate
AverageRate
6.4242 usd
CY2020 jzxn Exchange Rate
ExchangeRate
6.6925 usd
CY2020 jzxn Average Rate
AverageRate
6.4164 usd
CY2022Q4 us-gaap Inventory Finished Goods
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628187 usd
CY2021Q4 us-gaap Inventory Finished Goods
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266106 usd
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CY2021Q4 us-gaap Inventory Net
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266106 usd
CY2022 us-gaap Inventory Write Down
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CY2022Q4 jzxn Short Term Investment
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CY2021Q4 jzxn Short Term Investment
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1180772 usd
CY2021 us-gaap Advertising Expense
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37753 usd
CY2022 us-gaap Provision For Loan Lease And Other Losses
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CY2022 us-gaap Property Plant And Equipment Useful Life
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CY2022 jzxn Furniture And Fixture
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CY2022 jzxn Estimated Useful Life
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CY2021 us-gaap Provision For Loan Lease And Other Losses
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CY2022Q4 jzxn Loan To Related Franchisees Net Of Discount And Allowance
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8292630 usd
CY2021Q4 jzxn Loan To Related Franchisees Net Of Discount And Allowance
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13810550 usd
CY2022 us-gaap Business Acquisitions Pro Forma Revenue
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6340245 usd
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
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CY2022 jzxn Net Income
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-12235731 usd
CY2021 jzxn Net Income
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1433167 usd
CY2020 jzxn Net Income
NetIncome
3423542 usd
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-306089 usd
CY2021 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2020 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2022 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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236885 usd
CY2021 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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CY2020 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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CY2022 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
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-115742 usd
CY2021 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
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CY2022 jzxn Due To Non Vie Subsidiaries
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CY2021 jzxn Due To Non Vie Subsidiaries
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CY2021Q4 jzxn Accounts Receivables
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
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CY2022Q4 jzxn Accounts Receivalbles Total Net
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CY2021Q4 jzxn Accounts Receivalbles Total Net
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CY2022Q4 us-gaap Accounts Receivable Related Parties Noncurrent
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2022Q4 jzxn Total Net Accountsa Receivables
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CY2021Q4 jzxn Total Net Accountsa Receivables
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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18458 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022 jzxn Provisions
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CY2021 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
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CY2022 jzxn Effect Of Translation Adjustment
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-15797 usd
CY2021 jzxn Effect Of Translation Adjustment
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2322 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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145664 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022 us-gaap Interest And Debt Expense
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CY2021 us-gaap Interest And Debt Expense
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CY2022 us-gaap Payments To Acquire Intangible Assets
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CY2022Q4 us-gaap Bank Owned Life Insurance
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265836 usd
CY2022Q4 us-gaap Security Deposit
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CY2022Q4 us-gaap Short Term Investments
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CY2021Q4 us-gaap Bank Owned Life Insurance
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CY2021Q4 us-gaap Security Deposit
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CY2021Q4 us-gaap Short Term Investments
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CY2022Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
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CY2021Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
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724337 usd
CY2020Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
FairValueOptionAggregateDifferencesLoansAndLongTermReceivables
755707 usd
CY2022 us-gaap Receivable With Imputed Interest Effective Yield Interest Rate
ReceivableWithImputedInterestEffectiveYieldInterestRate
0.1175 pure
CY2021 us-gaap Receivable With Imputed Interest Effective Yield Interest Rate
ReceivableWithImputedInterestEffectiveYieldInterestRate
0.1175 pure
CY2020 us-gaap Receivable With Imputed Interest Effective Yield Interest Rate
ReceivableWithImputedInterestEffectiveYieldInterestRate
0.1175 pure
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
17678913 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
16591780 usd
CY2022 jzxn Receivable With Imputed Interests Effective Yield Interest Rate
ReceivableWithImputedInterestsEffectiveYieldInterestRate
0.1175 pure
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
2076767 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
1949060 usd
CY2022Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
15602146 usd
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
14642720 usd
CY2022Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
15602146 usd
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
14642720 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
832170 usd
CY2020Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
498762 usd
CY2022 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
7267026 usd
CY2021 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
409762 usd
CY2021 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Recovery
DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecovery
100739 usd
CY2022 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPeriodIncreaseDecrease
-789680 usd
CY2021 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPeriodIncreaseDecrease
24385 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
7309516 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
832170 usd
CY2022 us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
7267026 usd
CY2021 us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
309023 usd
CY2020 us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
305128 usd
CY2022Q4 jzxn Loan To Related Franchisees Net Of Discount And Allowances Current
LoanToRelatedFranchiseesNetOfDiscountAndAllowancesCurrent
6661290 usd
CY2021Q4 jzxn Loan To Related Franchisees Net Of Discount And Allowances Current
LoanToRelatedFranchiseesNetOfDiscountAndAllowancesCurrent
9673893 usd
CY2022Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1631340 usd
CY2021Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
4136657 usd
CY2022Q4 jzxn Loan To Related Franchisees Net Of Discount And Allowances Total
LoanToRelatedFranchiseesNetOfDiscountAndAllowancesTotal
8292630 usd
CY2021Q4 jzxn Loan To Related Franchisees Net Of Discount And Allowances Total
LoanToRelatedFranchiseesNetOfDiscountAndAllowancesTotal
13810550 usd
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
15602146 usd
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
14642720 usd
CY2021 us-gaap Depreciation
Depreciation
89207 usd
CY2020 us-gaap Depreciation
Depreciation
8504 usd
CY2022Q4 us-gaap Deposit Assets
DepositAssets
935573 usd
CY2021Q4 us-gaap Deposit Assets
DepositAssets
42835 usd
CY2022Q4 jzxn Excess Input Vat Credits
ExcessInputVATCredits
48589 usd
CY2021Q4 jzxn Excess Input Vat Credits
ExcessInputVATCredits
28292 usd
CY2021Q4 us-gaap Grants Receivable Current
GrantsReceivableCurrent
776640 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
244213 usd
CY2022 us-gaap Payments To Suppliers And Employees
PaymentsToSuppliersAndEmployees
55600 usd
CY2021 us-gaap Payments To Suppliers And Employees
PaymentsToSuppliersAndEmployees
136758 usd
CY2022Q4 us-gaap Other Inventory
OtherInventory
1039762 usd
CY2021Q4 us-gaap Other Inventory
OtherInventory
1228738 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
73415 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
74114 usd
CY2022Q4 jzxn Motor Vehicle
MotorVehicle
340462 usd
CY2021Q4 jzxn Motor Vehicle
MotorVehicle
371436 usd
CY2022Q4 jzxn Leasehold Improvement
LeaseholdImprovement
502969 usd
CY2021Q4 jzxn Leasehold Improvement
LeaseholdImprovement
30397 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
9054 usd
CY2021Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
8998 usd
CY2022Q4 jzxn Total Cost
TotalCost
925900 usd
CY2021Q4 jzxn Total Cost
TotalCost
484945 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
284542 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
111837 usd
CY2022Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
641358 usd
CY2021Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
373108 usd
CY2022 us-gaap Depreciation
Depreciation
206014 usd
CY2022Q4 jzxn Financial Softwares
FinancialSoftwares
17710 usd
CY2021Q4 jzxn Financial Softwares
FinancialSoftwares
17196 usd
CY2022Q4 jzxn Cost Domain Name
CostDomainName
2643 usd
CY2021Q4 jzxn Cost Domain Name
CostDomainName
3068 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17711 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
20264 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5318 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2211 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
12393 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18053 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Excluding Capital Leased Assets
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets
3783 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Excluding Capital Leased Assets
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets
2201 usd
CY2022 jzxn Equity Method Investment Ownership
EquityMethodInvestmentOwnership
The franchisees were originally incorporated with the Company shown as a 51.0% owner and subsequently as a 1.25% owner. The intent of having such ownership percentage in the franchisees was to enable the franchisees to register their respective individual business name to include the words “Jiuzi” as required by the local business bureau. Subsequent to the successful registration by the franchisees and completion of the Company’s obligations under the franchise and license agreement, the Company will decrease its ownership interest in these franchisees to 0%. The Company’s percentage of shareholding is nominal, inconsequential, and symbolic. The Company’s equity interest of 51.0% and 1.25% in the franchisees were symbolic in nature.
CY2022Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
214946 usd
CY2021Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
529407 usd
CY2022 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
35085 usd
CY2021 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
88851 usd
CY2020 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
139780 usd
CY2022Q4 us-gaap Related Party Transaction Due From To Related Party Current
RelatedPartyTransactionDueFromToRelatedPartyCurrent
17678913 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
2076767 usd
CY2022Q4 jzxn Related Party Transaction Allowance
RelatedPartyTransactionAllowance
7309516 usd
CY2022Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
8292630 usd
CY2021Q4 us-gaap Related Party Transaction Due From To Related Party Current
RelatedPartyTransactionDueFromToRelatedPartyCurrent
16591780 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
1949060 usd
CY2021Q4 jzxn Related Party Transaction Allowance
RelatedPartyTransactionAllowance
832170 usd
CY2021Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
13810550 usd
CY2022Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
6986 usd
CY2021Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
44366 usd
CY2022Q4 jzxn Unearned Franchise Fee Current
UnearnedFranchiseFeeCurrent
825990 usd
CY2021Q4 jzxn Unearned Franchise Fee Current
UnearnedFranchiseFeeCurrent
81474 usd
CY2021 us-gaap Proceeds From Deposits From Customers
ProceedsFromDepositsFromCustomers
83330 usd
CY2022Q4 jzxn Total Current Portion
TotalCurrentPortion
825990 usd
CY2021Q4 jzxn Total Current Portion
TotalCurrentPortion
164804 usd
CY2022Q4 jzxn Unearned Franchise Fee Noncurrent
UnearnedFranchiseFeeNoncurrent
150494 usd
CY2022Q4 jzxn Total Net Non Current Portion
TotalNetNonCurrentPortion
976484 usd
CY2021Q4 jzxn Total Net Non Current Portion
TotalNetNonCurrentPortion
164804 usd
CY2022Q4 jzxn Unearned Franchise Fee Current
UnearnedFranchiseFeeCurrent
825990 usd
CY2021Q4 jzxn Unearned Franchise Fee Current
UnearnedFranchiseFeeCurrent
81474 usd
CY2022Q4 jzxn Unearned Franchise Fee Noncurrent
UnearnedFranchiseFeeNoncurrent
150494 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
976484 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
81474 usd
CY2021Q4 jzxn Total Netl Revenue From Related Parties
TotalNetlRevenueFromRelatedParties
83330 usd
CY2022 jzxn Total Revenue From Related Parties
TotalRevenueFromRelatedParties
67153 usd
CY2021 jzxn Total Revenue From Related Parties
TotalRevenueFromRelatedParties
367549 usd
CY2022 jzxn Total Related Parties Payable
TotalRelatedPartiesPayable
6849 usd
CY2022Q4 us-gaap Other Notes Payable
OtherNotesPayable
6849 usd
CY2022 us-gaap Cost Maintenance
CostMaintenance
236290 usd
CY2021 us-gaap Cost Maintenance
CostMaintenance
341580 usd
CY2021 us-gaap Payments For Rent
PaymentsForRent
922260 usd
CY2022Q4 us-gaap Deferred Income
DeferredIncome
236290 usd
CY2021Q4 us-gaap Deferred Income
DeferredIncome
1263840 usd
CY2022Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
130131 usd
CY2022 jzxn Number Of Operating Leases
NumberOfOperatingLeases
1 pure
CY2022 jzxn Requirement Amount
RequirementAmount
20000000 cny
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0475 pure
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
257563 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
83639 usd
CY2022Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
2835400 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
1337158 usd
CY2022Q4 jzxn Capital Units Par Value
CapitalUnitsParValue
0.001
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
257563 usd
CY2022 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
224759 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M29D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0475 pure
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
725903 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
846200 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
768185 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
700580 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
399344 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
218583 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
196763 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
814690 usd
CY2021Q4 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
6000000 usd
CY2021Q4 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
6000000 usd
CY2021Q4 us-gaap Debt Conversion Converted Instrument Rate
DebtConversionConvertedInstrumentRate
0.05 pure
CY2021Q4 us-gaap Debt Conversion Converted Instrument Rate
DebtConversionConvertedInstrumentRate
0.05 pure
CY2021Q4 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
2500000 usd
CY2022Q1 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
2500000 usd
CY2022Q4 us-gaap Convertible Debt
ConvertibleDebt
1000000 usd
CY2021Q4 jzxn Convertible Debenture Outstanding
ConvertibleDebentureOutstanding
1300000 usd
CY2022 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2023-06-30
CY2022Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
890620 usd
CY2021Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
1056332 usd
CY2022Q4 jzxn Company Income Tax
CompanyIncomeTax
1645556 usd
CY2021Q4 jzxn Company Income Tax
CompanyIncomeTax
1950976 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
116678 usd
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
83321 usd
CY2022Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
2652854 usd
CY2021Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
2923987 usd
CY2022 us-gaap Contract With Customer Asset Purchase
ContractWithCustomerAssetPurchase
1343442 usd
CY2021 us-gaap Contract With Customer Asset Purchase
ContractWithCustomerAssetPurchase
114916 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1343442 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
114916 usd
CY2022 jzxn Share Outstanding
ShareOutstanding
24545333 shares
CY2022 jzxn Share Issued
ShareIssued
24545333 shares
CY2021 jzxn Share Outstanding
ShareOutstanding
21426844 shares
CY2021 jzxn Share Issued
ShareIssued
21426844 shares
CY2020Q4 jzxn Treasury Stock Acquired Share
TreasuryStockAcquiredShare
5 shares
CY2022 us-gaap Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
issued a stock dividend on 2 for 1 on post-Share Subdivision basis, whereby each shareholder holding 1 share of the 5,000,000 shares outstanding immediately preceding this stock dividend was issued an additional 2 shares
CY2021Q2 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
5200000 shares
CY2021Q2 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
5
CY2022Q4 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
200000 shares
CY2022Q4 us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
60000 usd
CY2022Q4 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
2918489 shares
CY2022 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
2236684 usd
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 pure
CY2022 us-gaap Revenues
Revenues
6215718 usd
CY2022 jzxn Sales Revenues Percentage
SalesRevenuesPercentage
1 pure
CY2021 us-gaap Revenues
Revenues
9536987 usd
CY2021 jzxn Sales Revenues Percentage
SalesRevenuesPercentage
1 pure
CY2020 us-gaap Revenues
Revenues
8210595 usd
CY2020 jzxn Sales Revenues Percentage
SalesRevenuesPercentage
1 pure
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
6458162 usd
CY2022 jzxn Direct Costs Percentage
DirectCostsPercentage
1 pure
CY2021 us-gaap Cost Of Revenue
CostOfRevenue
4909704 usd
CY2021 jzxn Direct Costs Percentage
DirectCostsPercentage
1 pure
CY2020 us-gaap Cost Of Revenue
CostOfRevenue
2190768 usd
CY2020 jzxn Direct Costs Percentage
DirectCostsPercentage
1 pure
CY2022 us-gaap Gross Profit
GrossProfit
-242444 usd
CY2022 jzxn Gross Profitloss Percentage
GrossProfitlossPercentage
1 pure
CY2021 us-gaap Gross Profit
GrossProfit
4627283 usd
CY2020 us-gaap Gross Profit
GrossProfit
6019827 usd
CY2022 jzxn Profit Tax Rate
ProfitTaxRate
0.25 pure
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-16832172 usd
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
2002809 usd
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
3839535 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.25 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.25 pure
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.25 pure
CY2021 us-gaap Income Tax Effects Allocated Directly To Equity Other
IncomeTaxEffectsAllocatedDirectlyToEquityOther
500702 usd
CY2020 us-gaap Income Tax Effects Allocated Directly To Equity Other
IncomeTaxEffectsAllocatedDirectlyToEquityOther
959884 usd
CY2022 us-gaap Valuation Allowance Methodologies And Assumptions
ValuationAllowanceMethodologiesAndAssumptions
(71)
CY2021 us-gaap Valuation Allowance Methodologies And Assumptions
ValuationAllowanceMethodologiesAndAssumptions
46,123
CY2020 us-gaap Valuation Allowance Methodologies And Assumptions
ValuationAllowanceMethodologiesAndAssumptions
14,509
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-71 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
546825 usd
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
974393 usd
CY2022 jzxn Third Party Sales Revenue
ThirdPartySalesRevenue
5176168 usd
CY2022 jzxn Third Party Sales Revenues Percentage
ThirdPartySalesRevenuesPercentage
0.83 pure
CY2021 jzxn Third Party Sales Revenue
ThirdPartySalesRevenue
1355066 usd
CY2021 jzxn Third Party Sales Revenues Percentage
ThirdPartySalesRevenuesPercentage
0.15 pure
CY2020 jzxn Third Party Sales Revenue
ThirdPartySalesRevenue
258833 usd
CY2020 jzxn Third Party Sales Revenues Percentage
ThirdPartySalesRevenuesPercentage
0.03 pure
CY2022 us-gaap Related Party Costs
RelatedPartyCosts
596198 usd
CY2022 jzxn Related Party Sales Revenues Percentage
RelatedPartySalesRevenuesPercentage
0.10 pure
CY2021 us-gaap Related Party Costs
RelatedPartyCosts
88851 usd
CY2021 jzxn Related Party Sales Revenues Percentage
RelatedPartySalesRevenuesPercentage
0.01 pure
CY2020 us-gaap Related Party Costs
RelatedPartyCosts
139780 usd
CY2020 jzxn Related Party Sales Revenues Percentage
RelatedPartySalesRevenuesPercentage
0.02 pure
CY2022 jzxn Third Party Franchise Revenues
ThirdPartyFranchiseRevenues
229818 usd
CY2022 jzxn Third Party Franchise Revenues Percentage
ThirdPartyFranchiseRevenuesPercentage
0.04 pure
CY2021 jzxn Third Party Franchise Revenues
ThirdPartyFranchiseRevenues
251359 usd
CY2021 jzxn Third Party Franchise Revenues Percentage
ThirdPartyFranchiseRevenuesPercentage
0.03 pure
CY2022 jzxn Related Party Franchise Revenues
RelatedPartyFranchiseRevenues
53945 usd
CY2022 jzxn Related Party Franchise Revenues Percentage
RelatedPartyFranchiseRevenuesPercentage
0.01 pure
CY2021 jzxn Related Party Franchise Revenues
RelatedPartyFranchiseRevenues
7841711 usd
CY2021 jzxn Related Party Franchise Revenues Percentage
RelatedPartyFranchiseRevenuesPercentage
0.81 pure
CY2020 jzxn Related Party Franchise Revenues
RelatedPartyFranchiseRevenues
7811982 usd
CY2020 jzxn Related Party Franchise Revenues Percentage
RelatedPartyFranchiseRevenuesPercentage
0.95 pure
CY2022 jzxn Third Party Other Revenues
ThirdPartyOtherRevenues
159589 usd
CY2022 jzxn Third Party Other Revenues Percentage
ThirdPartyOtherRevenuesPercentage
0.03 pure
CY2022 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
6215718 usd
CY2022 jzxn Related Party Revenues Percentage Total
RelatedPartyRevenuesPercentageTotal
1 pure
CY2021 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
9536987 usd
CY2021 jzxn Related Party Revenues Percentage Total
RelatedPartyRevenuesPercentageTotal
1 pure
CY2020 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
8210595 usd
CY2020 jzxn Related Party Revenues Percentage Total
RelatedPartyRevenuesPercentageTotal
1 pure
CY2021Q4 us-gaap Induced Conversion Of Convertible Debt Expense
InducedConversionOfConvertibleDebtExpense
1300000 usd
CY2022 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2023-06-30
CY2022Q4 jzxn Increase Decrease In Advances To Suppliers
IncreaseDecreaseInAdvancesToSuppliers
2751743 usd
CY2022 dei Entity Registrant Name
EntityRegistrantName
Jiuzi Holdings, Inc.
CY2022 dei Document Accounting Standard
DocumentAccountingStandard
U.S. GAAP
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
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Files In Submission

Name View Source Status
jzxn-20221031_cal.xml Edgar Link unprocessable
jzxn-20221031_pre.xml Edgar Link unprocessable
jzxn-20221031_def.xml Edgar Link unprocessable
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0001213900-23-020339.txt Edgar Link pending
0001213900-23-020339-xbrl.zip Edgar Link pending
f20f2022ex12-1_jiuzihold.htm Edgar Link pending
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f20f2022ex13-1_jiuzihold.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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jzxn-20221031.xsd Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
f20f2022_jiuziholdings_htm.xml Edgar Link completed
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