CXJ GROUP CO., Ltd Files Q1 2023 10-Q

TL;DR

CXJ GROUP CO., Ltd filed their Q1 2023 10-Q, covering financials up to Aug 31, 2023.

AI Summary

CXJ GROUP CO., Ltd filed a 10-Q for the period ending August 31, 2023. The company, incorporated in Nevada and operating in the Motor Vehicle Parts & Accessories sector, is headquartered in Hangzhou, China. The filing covers the first quarter of their fiscal year, which ends on May 31st.

Why It Matters

This filing provides investors with an update on CXJ GROUP CO., Ltd's financial performance and position for the first quarter of their 2023 fiscal year.

Risk Assessment

Risk Level: low — This is a standard quarterly filing with no immediate red flags or significant new information presented in the provided snippet.

Key Numbers

• 2023-08-31 — Reporting Period End Date (The end date for the financial information presented in the 10-Q.)
• 2023-05-31 — Fiscal Year End (The end of the company's fiscal year.)
• 20240712 — Filing Date (The date the 10-Q was officially filed with the SEC.)

Key Players & Entities

• CXJ GROUP CO., Ltd (company) — Filer of the 10-Q
• 0001823635 (company) — Central Index Key for CXJ GROUP CO., Ltd
• 3714 (industry) — Standard Industrial Classification for Motor Vehicle Parts & Accessories
• NV (state) — State of Incorporation
• 852041913 (tax_id) — IRS Number
• 310016 (zip_code) — Business and Mail Address Zip Code

FAQ

Key Financial Figures

• $0.001 — anding at July 10, 2024 Common Stock, $0.001 par value 101,710,517 CXJ GROUP CO
• $1 — Translation of amounts from RMB into US$1 has been made at the following exchange

Filing Documents

• form10-q.htm (10-Q) — 831KB
• ex10-1.htm (EX-10.1) — 3KB
• ex31-1.htm (EX-31.1) — 16KB
• ex31-2.htm (EX-31.2) — 16KB
• ex32-1.htm (EX-32.1) — 7KB
• ex32-2.htm (EX-32.2) — 6KB
• ex10-1_001.jpg (GRAPHIC) — 387KB
• ex10-1_002.jpg (GRAPHIC) — 391KB
• ex10-1_003.jpg (GRAPHIC) — 273KB
• ex10-1_004.jpg (GRAPHIC) — 60KB
• 0001493152-24-027055.txt ( ) — 7275KB
• ecxj-20230831.xsd (EX-101.SCH) — 51KB
• ecxj-20230831_cal.xml (EX-101.CAL) — 74KB
• ecxj-20230831_def.xml (EX-101.DEF) — 197KB
• ecxj-20230831_lab.xml (EX-101.LAB) — 361KB
• ecxj-20230831_pre.xml (EX-101.PRE) — 302KB
• form10-q_htm.xml (XML) — 904KB

Financial Statements

Financial Statements: 3 Condensed Consolidated Balance Sheets as of August 31, 2023 (unaudited) and May 31, 2023 (audited) 4 Condensed Consolidated Statements of Operations and Comprehensive Loss for the Three Months Ended August 31, 2023 and 2022 (unaudited) 5 Condensed Consolidated Statement of Changes in Stockholders' Equity for the Three Months August 31, 2023 and 2022 (unaudited) 6 Condensed Consolidated Statements of Cash Flows for the Three Months Ended August 31, 2023 and 2022 (unaudited) 7 Notes to the Consolidated Financial Statements 8-25 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 26 ITEM 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 30 ITEM 4.

Controls and Procedures

Controls and Procedures 30 PART II OTHER INFORMATION 31 ITEM 1.

Legal Proceedings

Legal Proceedings 31 ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds 31 ITEM 3. Defaults Upon Senior Securities 31 ITEM 4. Mine Safety Disclosures 31 ITEM 5. Other Information 31 ITEM 6. Exhibits 31

Signatures

Signatures 32 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