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LZ TECHNOLOGY HOLDINGS LIMITED

EDGAR

LZMH Report (type unavailable) · filed 2026-06-05

Annual consolidated revenue for 2025: about CNY 1.129B, using the latest reported figures. The previous period, 2024, was about CNY 822.8M.

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Watchlist

Holdings and insider activity

Transactions reported by directors, officers and 10% owners on SEC Forms 3, 4 and 5, over the last 12 months.

Insider filings have not been processed for this company yet.

See all insider transactions

Latest fiscal year

Revenue

1.13 billion CNY

2025 · CNY

Exact inputs and evidence

Revenue: 1129008000 CNY Source

Operating margin

-15.59%

2025 · %

Exact inputs and evidence

Operating Income: -176008000 CNY Source
Revenue: 1129008000 CNY Source

Operating cash flow

-41.2 million CNY

2025 · CNY

Exact inputs and evidence

Operating Cash Flow: -41201000 CNY Source

Free cash flow

-41.8 million CNY

2025 · CNY

Exact inputs and evidence

Operating Cash Flow: -41201000 CNY Source
Capital Expenditure: 580000 CNY Source

Cash and cash equivalents: 23.5 million CNY 2025-12-31 Source
Exact value

23473000 CNY
Long-term debt including current maturities: Not available
Shares outstanding: Not available

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-06-05.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 4 of 11 periods available· newest 2025-12-31
Operating income: 4 of 11 periods available· newest 2025-12-31
Net income: 4 of 11 periods available· newest 2025-12-31
Operating cash flow: 4 of 11 periods available· newest 2025-12-31
Capital expenditure: 4 of 11 periods available· newest 2025-12-31
Total assets: 3 of 11 periods available· newest 2025-12-31
Total liabilities: 3 of 11 periods available· newest 2025-12-31
Current assets: 3 of 11 periods available· newest 2025-12-31
Current liabilities: 3 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 3 of 11 periods available· newest 2025-12-31
long term debt: No compatible figures in this window
shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+37.2%

Prior period

CNY 822.83 million

2024-01-01 – 2024-12-31
Current period

CNY 1.13 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

1129008000 − 822832000 = 306176000 CNY

822832000 CNY · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
1129008000 CNY · 2025-01-01 – 2025-12-31
Inspect current input Current source

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Citation for Year-over-year change in Revenue · LZ TECHNOLOGY HOLDINGS LIMITED · 2025-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Year-over-year change in Revenue: 306176000 CNY Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 1129008000 CNY (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1826498 Filing: 000121390026048529 Input fundies:Revenue: 822832000 CNY (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1825986 Filing: 000121390026048529
The citation records this snapshot. The page link may show a newer release later.
Net income
-3,230.2%

Prior period

CNY 5.54 million

2024-01-01 – 2024-12-31
Current period

−CNY 173.47 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-173473000 − 5542000 = -179015000 CNY

5542000 CNY · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-173473000 CNY · 2025-01-01 – 2025-12-31
Inspect current input Current source

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Citation for Year-over-year change in Net income · LZ TECHNOLOGY HOLDINGS LIMITED · 2025-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Year-over-year change in Net income: -179015000 CNY Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -173473000 CNY (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1541124 Filing: 000121390026048529 Input fundies:NetIncome: 5542000 CNY (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1540608 Filing: 000121390026048529
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-982.2%

Prior period

CNY 4.67 million

2024-01-01 – 2024-12-31
Current period

−CNY 41.2 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-41201000 − 4670000 = -45871000 CNY

4670000 CNY · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-41201000 CNY · 2025-01-01 – 2025-12-31
Inspect current input Current source

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Citation for Year-over-year change in Operating cash flow · LZ TECHNOLOGY HOLDINGS LIMITED · 2025-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Year-over-year change in Operating cash flow: -45871000 CNY Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: -41201000 CNY (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1742450 Filing: 000121390026048529 Input fundies:OperatingCashFlow: 4670000 CNY (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1663417 Filing: 000121390026048529
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+67.1%

Prior period

CNY 347,000

2024-01-01 – 2024-12-31
Current period

CNY 580,000

2025-01-01 – 2025-12-31

Exact inputs and evidence

580000 − 347000 = 233000 CNY

347000 CNY · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
580000 CNY · 2025-01-01 – 2025-12-31
Inspect current input Current source

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Citation for Year-over-year change in Capital expenditure · LZ TECHNOLOGY HOLDINGS LIMITED · 2025-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Year-over-year change in Capital expenditure: 233000 CNY Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 580000 CNY (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1667213 Filing: 000121390026048529 Input fundies:CapitalExpenditure: 347000 CNY (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1666870 Filing: 000121390026048529
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue CNY 1.13 billion 100% of revenue
Cost of revenue CNY 1.09 billion 97% of revenue
Operating expenses CNY 213.26 million 19% of revenue
Operating income −CNY 176.01 million −16% of revenue
Tax, interest and other Derived −CNY 2.54 million −0.2% of revenue
Net income −CNY 173.47 million −15% of revenue

Cash

Operating cash flow −CNY 41.2 million −3.6% of revenue
Capital expenditure CNY 580,000 0.1% of revenue
Free cash flow Derived −CNY 41.78 million −3.7% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2022 Operating loss: operating costs were 113% of revenue.
2023 Operating loss: operating costs were 101% of revenue.
2024 Net income was higher than operating income, so the split is not drawn.
2025 Operating loss: operating costs were 116% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2022 2022-01-01 – 2022-12-31	162952000	184935000 Derived	-21983000	-8338000 Derived	-13645000	1017000 Derived	Source 2022-01-01 – 2022-12-31: 162952000 CNY Inspect Revenue Open source 2022-01-01 – 2022-12-31: -21983000 CNY Inspect Operating Income Open source 2022-01-01 – 2022-12-31: -13645000 CNY Inspect Net Income Open source 2022-01-01 – 2022-12-31: 2486000 CNY Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 1469000 CNY Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	568865000	575304000 Derived	-6439000	-230000 Derived	-6209000	-16955000 Derived	Source 2023-01-01 – 2023-12-31: 568865000 CNY Inspect Revenue Open source 2023-01-01 – 2023-12-31: -6439000 CNY Inspect Operating Income Open source 2023-01-01 – 2023-12-31: -6209000 CNY Inspect Net Income Open source 2023-01-01 – 2023-12-31: -16844000 CNY Inspect Operating Cash Flow Open source 2023-01-01 – 2023-12-31: 111000 CNY Inspect Capital Expenditure Open source
2024 2024-01-01 – 2024-12-31	822832000	819206000 Derived	3626000	-1916000 Derived	5542000	4323000 Derived	Source 2024-01-01 – 2024-12-31: 822832000 CNY Inspect Revenue Open source 2024-01-01 – 2024-12-31: 3626000 CNY Inspect Operating Income Open source 2024-01-01 – 2024-12-31: 5542000 CNY Inspect Net Income Open source 2024-01-01 – 2024-12-31: 4670000 CNY Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 347000 CNY Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	1129008000	1305016000 Derived	-176008000	-2535000 Derived	-173473000	-41781000 Derived	Source 2025-01-01 – 2025-12-31: 1129008000 CNY Inspect Revenue Open source 2025-01-01 – 2025-12-31: -176008000 CNY Inspect Operating Income Open source 2025-01-01 – 2025-12-31: -173473000 CNY Inspect Net Income Open source 2025-01-01 – 2025-12-31: -41201000 CNY Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 580000 CNY Inspect Capital Expenditure Open source

Amounts are exact, in CNY.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

CNY 1.1B 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(CNY)	Source evidence
20222022-12-31	Revenue	162952000	Revenue: 162952000 Open source
20232023-12-31	Revenue	568865000	Revenue: 568865000 Open source
20242024-12-31	Revenue	822832000	Revenue: 822832000 Open source
20252025-12-31	Revenue	1129008000	Revenue: 1129008000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

37.2% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20222022-12-31	Year over year	No prior comparable period	Revenue: 162952000 Open source
20232023-12-31	Year over year	249.1%	Revenue: 568865000 Open source Revenue: 162952000 Open source
20242024-12-31	Year over year	44.6%	Revenue: 822832000 Open source Revenue: 568865000 Open source
20252025-12-31	Year over year	37.2%	Revenue: 1129008000 Open source Revenue: 822832000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -15.6% 2025

Net margin -15.4% 2025

Free cash flow margin -3.7% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20222022-12-31	Operating margin	-13.5%	Operating Income: -21983000 Open source Revenue: 162952000 Open source
20232023-12-31	Operating margin	-1.1%	Operating Income: -6439000 Open source Revenue: 568865000 Open source
20242024-12-31	Operating margin	0.4%	Operating Income: 3626000 Open source Revenue: 822832000 Open source
20252025-12-31	Operating margin	-15.6%	Operating Income: -176008000 Open source Revenue: 1129008000 Open source
20222022-12-31	Net margin	-8.4%	Net Income: -13645000 Open source Revenue: 162952000 Open source
20232023-12-31	Net margin	-1.1%	Net Income: -6209000 Open source Revenue: 568865000 Open source
20242024-12-31	Net margin	0.7%	Net Income: 5542000 Open source Revenue: 822832000 Open source
20252025-12-31	Net margin	-15.4%	Net Income: -173473000 Open source Revenue: 1129008000 Open source
20222022-12-31	Free cash flow margin	0.6%	Revenue: 162952000 Open source Operating Cash Flow: 2486000 Open source Capital Expenditure: 1469000 Open source
20232023-12-31	Free cash flow margin	-3%	Revenue: 568865000 Open source Operating Cash Flow: -16844000 Open source Capital Expenditure: 111000 Open source
20242024-12-31	Free cash flow margin	0.5%	Revenue: 822832000 Open source Operating Cash Flow: 4670000 Open source Capital Expenditure: 347000 Open source
20252025-12-31	Free cash flow margin	-3.7%	Revenue: 1129008000 Open source Operating Cash Flow: -41201000 Open source Capital Expenditure: 580000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

CNY -41.2M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(CNY)	Source evidence
20222022-12-31	Operating cash flow	2486000	Operating Cash Flow: 2486000 Open source
20232023-12-31	Operating cash flow	-16844000	Operating Cash Flow: -16844000 Open source
20242024-12-31	Operating cash flow	4670000	Operating Cash Flow: 4670000 Open source
20252025-12-31	Operating cash flow	-41201000	Operating Cash Flow: -41201000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

CNY -41.8M 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(CNY)	Source evidence
20222022-12-31	Free cash flow	1017000	Operating Cash Flow: 2486000 Open source Capital Expenditure: 1469000 Open source
20232023-12-31	Free cash flow	-16955000	Operating Cash Flow: -16844000 Open source Capital Expenditure: 111000 Open source
20242024-12-31	Free cash flow	4323000	Operating Cash Flow: 4670000 Open source Capital Expenditure: 347000 Open source
20252025-12-31	Free cash flow	-41781000	Operating Cash Flow: -41201000 Open source Capital Expenditure: 580000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

85.3% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2022-12-31	Liabilities / assets	Not reported	No source recorded
20232023-12-31	Liabilities / assets	78.4%	Total Liabilities: 224472000 Open source Total Assets: 286139000 Open source
20242024-12-31	Liabilities / assets	77.9%	Total Liabilities: 238172000 Open source Total Assets: 305611000 Open source
20252025-12-31	Liabilities / assets	85.3%	Total Liabilities: 332657000 Open source Total Assets: 390094000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

1.12× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2022-12-31	Current assets / current liabilities	Not reported	No source recorded
20232023-12-31	Current assets / current liabilities	1.15×	Current Assets: 254512000 Open source Current Liabilities: 222170000 Open source
20242024-12-31	Current assets / current liabilities	1.19×	Current Assets: 278162000 Open source Current Liabilities: 234653000 Open source
20252025-12-31	Current assets / current liabilities	1.12×	Current Assets: 370065000 Open source Current Liabilities: 330239000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2022 2022-01-01 – 2022-12-31	−CNY 13.65 million Exact value Exact value: -13645000 CNY 2022-01-01 – 2022-12-31: -13645000 CNY Inspect Net Income Open source Share or cite Citation for Net Income · LZ TECHNOLOGY HOLDINGS LIMITED · 2022-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Net Income: -13645000 CNY Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=CNY&dimensions= Input fundies:NetIncome: -13645000 CNY (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390025055265/ea0239350-20f_lztech.htm#1305723 Filing: 000121390025055265 The citation records this snapshot. The page link may show a newer release later.	CNY 2.49 million Exact value Exact value: 2486000 CNY 2022-01-01 – 2022-12-31: 2486000 CNY Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · LZ TECHNOLOGY HOLDINGS LIMITED · 2022-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Operating Cash Flow: 2486000 CNY Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=CNY&dimensions= Input fundies:OperatingCashFlow: 2486000 CNY (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390025055265/ea0239350-20f_lztech.htm#1553096 Filing: 000121390025055265 The citation records this snapshot. The page link may show a newer release later.	CNY 1.47 million Exact value Exact value: 1469000 CNY 2022-01-01 – 2022-12-31: 1469000 CNY Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · LZ TECHNOLOGY HOLDINGS LIMITED · 2022-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Capital Expenditure: 1469000 CNY Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=CNY&dimensions= Input fundies:CapitalExpenditure: 1469000 CNY (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390025055265/ea0239350-20f_lztech.htm#1473249 Filing: 000121390025055265 The citation records this snapshot. The page link may show a newer release later.	CNY 1.02 million Calculation and evidence 2486000 − 1469000 CNY Exact free cash flow: 1017000 CNY 2022-01-01 – 2022-12-31: 2486000 CNY · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 1469000 CNY · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · LZ TECHNOLOGY HOLDINGS LIMITED · 2022-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Free cash flow: 1017000 CNY Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 2486000 CNY (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390025055265/ea0239350-20f_lztech.htm#1553096 Filing: 000121390025055265 Input fundies:CapitalExpenditure: 1469000 CNY (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390025055265/ea0239350-20f_lztech.htm#1473249 Filing: 000121390025055265 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	−CNY 6.21 million Exact value Exact value: -6209000 CNY 2023-01-01 – 2023-12-31: -6209000 CNY Inspect Net Income Open source Share or cite Citation for Net Income · LZ TECHNOLOGY HOLDINGS LIMITED · 2023-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Net Income: -6209000 CNY Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=CNY&dimensions= Input fundies:NetIncome: -6209000 CNY (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1540089 Filing: 000121390026048529 The citation records this snapshot. The page link may show a newer release later.	−CNY 16.84 million Exact value Exact value: -16844000 CNY 2023-01-01 – 2023-12-31: -16844000 CNY Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · LZ TECHNOLOGY HOLDINGS LIMITED · 2023-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Operating Cash Flow: -16844000 CNY Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=CNY&dimensions= Input fundies:OperatingCashFlow: -16844000 CNY (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1662868 Filing: 000121390026048529 The citation records this snapshot. The page link may show a newer release later.	CNY 111,000 Exact value Exact value: 111000 CNY 2023-01-01 – 2023-12-31: 111000 CNY Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · LZ TECHNOLOGY HOLDINGS LIMITED · 2023-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Capital Expenditure: 111000 CNY Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397/explain?concept=fundies%3ACapitalExpenditure&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=CNY&dimensions= Input fundies:CapitalExpenditure: 111000 CNY (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1666527 Filing: 000121390026048529 The citation records this snapshot. The page link may show a newer release later.	−CNY 16.96 million Calculation and evidence -16844000 − 111000 CNY Exact free cash flow: -16955000 CNY 2023-01-01 – 2023-12-31: -16844000 CNY · Inspect Operating Cash Flow · Source 2023-01-01 – 2023-12-31: 111000 CNY · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · LZ TECHNOLOGY HOLDINGS LIMITED · 2023-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Free cash flow: -16955000 CNY Concept: free-cash-flow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -16844000 CNY (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1662868 Filing: 000121390026048529 Input fundies:CapitalExpenditure: 111000 CNY (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1666527 Filing: 000121390026048529 The citation records this snapshot. The page link may show a newer release later.
2024 2024-01-01 – 2024-12-31	CNY 5.54 million Exact value Exact value: 5542000 CNY 2024-01-01 – 2024-12-31: 5542000 CNY Inspect Net Income Open source Share or cite Citation for Net Income · LZ TECHNOLOGY HOLDINGS LIMITED · 2024-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Net Income: 5542000 CNY Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=CNY&dimensions= Input fundies:NetIncome: 5542000 CNY (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1540608 Filing: 000121390026048529 The citation records this snapshot. The page link may show a newer release later.	CNY 4.67 million Exact value Exact value: 4670000 CNY 2024-01-01 – 2024-12-31: 4670000 CNY Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · LZ TECHNOLOGY HOLDINGS LIMITED · 2024-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Operating Cash Flow: 4670000 CNY Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=CNY&dimensions= Input fundies:OperatingCashFlow: 4670000 CNY (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1663417 Filing: 000121390026048529 The citation records this snapshot. The page link may show a newer release later.	CNY 347,000 Exact value Exact value: 347000 CNY 2024-01-01 – 2024-12-31: 347000 CNY Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · LZ TECHNOLOGY HOLDINGS LIMITED · 2024-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Capital Expenditure: 347000 CNY Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=CNY&dimensions= Input fundies:CapitalExpenditure: 347000 CNY (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1666870 Filing: 000121390026048529 The citation records this snapshot. The page link may show a newer release later.	CNY 4.32 million Calculation and evidence 4670000 − 347000 CNY Exact free cash flow: 4323000 CNY 2024-01-01 – 2024-12-31: 4670000 CNY · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 347000 CNY · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · LZ TECHNOLOGY HOLDINGS LIMITED · 2024-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Free cash flow: 4323000 CNY Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 4670000 CNY (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1663417 Filing: 000121390026048529 Input fundies:CapitalExpenditure: 347000 CNY (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1666870 Filing: 000121390026048529 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	−CNY 173.47 million Exact value Exact value: -173473000 CNY 2025-01-01 – 2025-12-31: -173473000 CNY Inspect Net Income Open source Share or cite Citation for Net Income · LZ TECHNOLOGY HOLDINGS LIMITED · 2025-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Net Income: -173473000 CNY Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=CNY&dimensions= Input fundies:NetIncome: -173473000 CNY (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1541124 Filing: 000121390026048529 The citation records this snapshot. The page link may show a newer release later.	−CNY 41.2 million Exact value Exact value: -41201000 CNY 2025-01-01 – 2025-12-31: -41201000 CNY Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · LZ TECHNOLOGY HOLDINGS LIMITED · 2025-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Operating Cash Flow: -41201000 CNY Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=CNY&dimensions= Input fundies:OperatingCashFlow: -41201000 CNY (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1742450 Filing: 000121390026048529 The citation records this snapshot. The page link may show a newer release later.	CNY 580,000 Exact value Exact value: 580000 CNY 2025-01-01 – 2025-12-31: 580000 CNY Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · LZ TECHNOLOGY HOLDINGS LIMITED · 2025-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Capital Expenditure: 580000 CNY Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=CNY&dimensions= Input fundies:CapitalExpenditure: 580000 CNY (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1667213 Filing: 000121390026048529 The citation records this snapshot. The page link may show a newer release later.	−CNY 41.78 million Calculation and evidence -41201000 − 580000 CNY Exact free cash flow: -41781000 CNY 2025-01-01 – 2025-12-31: -41201000 CNY · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 580000 CNY · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · LZ TECHNOLOGY HOLDINGS LIMITED · 2025-12-31 LZ TECHNOLOGY HOLDINGS LIMITED (edgar:1967397) Free cash flow: -41781000 CNY Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-14T08:35:47Z Snapshot: 6ed39bc9ee041d65ec6c701da91fdd9a20104d4d3d959a0c11faa3a5317030c3 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1967397?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -41201000 CNY (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1742450 Filing: 000121390026048529 Input fundies:CapitalExpenditure: 580000 CNY (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1967397/000121390026048529/ea0285529-20f_lztech.htm#1667213 Filing: 000121390026048529 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

12 filings · 474 latest values · 474 originally reported values

Dataset published 2026-11-14. Source filing dates and reporting periods are shown separately.

Identifiers: 0001967397, 1967397, LZMH, edgar:1967397

Also known as LZ Technology Holdings Limited, LZ TECHNOLOGY HOLDINGS LIMITED, LZ Technology Holdings Limited, LZ Technology Holdings Ltd

LZ TECHNOLOGY HOLDINGS LIMITED

Holdings and insider activity

Latest fiscal year

Revenue

Operating margin

Operating cash flow

Free cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation