CXJ GROUP CO., Ltd Files 10-Q for Period Ending November 30, 2022

TL;DR

<b>CXJ GROUP CO., Ltd has filed its 10-Q report for the period ending November 30, 2022.</b>

AI Summary

CXJ GROUP CO., Ltd (ECXJ) filed a Quarterly Report (10-Q) with the SEC on February 5, 2024. Filing is a 10-Q for CXJ GROUP CO., Ltd, covering the period ending November 30, 2022. The company is incorporated in Nevada (NV) and operates in the Motor Vehicle Parts & Accessories sector. Business and mailing address are located in Hangzhou City, China. The filing includes data related to common stock, additional paid-in capital, accumulated other comprehensive income, retained earnings, and noncontrolling interest for various periods. Key dates include the filing date of February 5, 2024, and the period end date of November 30, 2022.

Why It Matters

For investors and stakeholders tracking CXJ GROUP CO., Ltd, this filing contains several important signals. This 10-Q filing provides a snapshot of CXJ GROUP CO., Ltd's financial position and performance for the specified period, crucial for investors and analysts tracking the company's health. Understanding the details within this report, such as changes in equity and capital accounts, is important for assessing the company's financial stability and growth trajectory in the automotive parts sector.

Risk Assessment

Risk Level: — CXJ GROUP CO., Ltd shows moderate risk based on this filing. The filing is a standard 10-Q report with no immediate red flags or significant negative disclosures apparent from the header information alone.

Analyst Insight

Review the detailed financial statements and management discussion within the full 10-Q filing to understand the company's performance and outlook.

Key Numbers

• 2022-11-30 — Period End Date (Conformed period of report)
• 2024-02-05 — Filing Date (Filed as of date)
• 0531 — Fiscal Year End (Fiscal year end)

Key Players & Entities

• CXJ GROUP CO., Ltd (company) — Filer name
• NV (jurisdiction) — State of incorporation
• 3714 (industry_code) — Standard Industrial Classification
• Hangzhou City (location) — Business address city
• 2022-11-30 (date) — Conformed period of report
• 2024-02-05 (date) — Filed as of date

FAQ

Industry Context

CXJ GROUP CO., Ltd operates in the Motor Vehicle Parts & Accessories industry. This sector is critical to the automotive supply chain.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, requiring regular reporting for public companies.

What Investors Should Do

1. Analyze the balance sheet for changes in equity accounts (Common Stock, Additional Paid-In Capital, Retained Earnings).
2. Examine the footnotes for details on related party transactions and director information.
3. Compare the financial data presented with previous filings to identify trends.

Key Dates

• 2022-11-30: Period End Date — End of the reporting period for the 10-Q filing.
• 2024-02-05: Filing Date — Date the 10-Q report was officially filed with the SEC.

Year-Over-Year Comparison

This filing is a 10-Q for the period ending November 30, 2022. Specific comparative data from the prior period is not detailed in the header.

Key Financial Figures

• $1 — Translation of amounts from CNY into US$1 has been made at the following exchange

Filing Documents

• form10-q.htm (10-Q) — 995KB
• ex10-1.htm (EX-10.1) — 27KB
• ex31-1.htm (EX-31.1) — 10KB
• ex31-2.htm (EX-31.2) — 10KB
• ex32-1.htm (EX-32.1) — 5KB
• ex32-2.htm (EX-32.2) — 4KB
• 0001493152-24-004872.txt (&nbsp;) — 5942KB
• ecxj-20221130.xsd (EX-101.SCH) — 54KB
• ecxj-20221130_cal.xml (EX-101.CAL) — 72KB
• ecxj-20221130_def.xml (EX-101.DEF) — 204KB
• ecxj-20221130_lab.xml (EX-101.LAB) — 370KB
• ecxj-20221130_pre.xml (EX-101.PRE) — 311KB
• form10-q_htm.xml (XML) — 948KB

Financial Statements

Financial Statements: 3 Condensed Consolidated Balance Sheets as of November 30, 2022 (unaudited) and May 31, 2022 (audited) 4 Condensed Consolidated Statements of Operations and Comprehensive Loss for the Three Months and Six Months Ended November 30, 2022 and 2021 (unaudited) 5 Condensed Consolidated Statement of Changes in Stockholders' Deficit for the Three Months and Six Month Ended November 30, 2022 and 2021 (unaudited) 6-7 Condensed Consolidated Statements of Cash Flows for the Six Months Ended November 30, 2022 and 2021 (unaudited) 8 Notes to the Consolidated Financial Statements 9-26 ITEM 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 27 ITEM 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 31 ITEM 4.

Controls and Procedures

Controls and Procedures 31 PART II OTHER INFORMATION 32 ITEM 1.

Legal Proceedings

Legal Proceedings 32 ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds 32 ITEM 3. Defaults Upon Senior Securities 32 ITEM 4. Mine Safety Disclosures 32 ITEM 5. Other Information 32 ITEM 6. Exhibits 32

Signatures

Signatures 33 2 SPECIAL NOTE REGARDING FORWARD—LOOKING STATEMENTS made in this Form 10-Q that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as "may", "will", "expect", "believe", "anticipate", "estimate", "approximate" or "continue", or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events. Financial information contained in this quarterly report and in our unaudited interim financial statements is stated in United States dollars and are prepared in accordance with United States generally accepted accounting principles. PART I - FINANCIAL INFORMATION ITEM 1. Financial Statements The accompanying interim financial statements of CXJ GROUP CO., Limited ("the Company", "we", "us" or "our"), have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with United Sta

View Full Filing

View this 10-Q filing on SEC EDGAR