CXJ GROUP CO., Ltd
For the period ended Aug 31, 2025. Filed Oct 20, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 31, 2025 · Filed Oct 20, 2025
ECXJStored price and day change unavailable
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2025-02-28; filed 2025-04-21.
0001641172-25-005579
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsCurrent report: 10-Q
Period ended 2025-08-31; filed 2025-10-20.
0001493152-25-018555
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 51 previous paragraphs and 51 current paragraphs.
34 unchanged; 13 reworded; 3 added; 4 removed; 0 previous and 1 current paragraphs rearranged.
Tables are not compared: 7 previous and 7 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (3)
Current report
Net Loss
Current report
Cash flow provided by operating activities for the three months ended August 31, 2025 and 2024 is $34,787 and $75,876 respectively, reflecting a decrease of cash flow $41,089. The decrease in net cash provided by operating activities is mainly due to decrease cash flow of accrued liabilities and other payables $123,879, prepayment, deposit and other receivable $11,470, net loss increased by $5,209, amortization of right-use of assets $4,306, impairment of intangible assets $1,588, depreciation $17, offset increased cash flow of advance received $74,961, inventory $18,612, operating lease liabilities $4,906, accounts payable $4,634 and accounts receivable $2,267.
Current report
COMMITMENTS AND CONTINGENCIES
Removed paragraphs (4)
Previous report
Sales of Exhaust Gas Cleaner, Motor Oil and Auto Parts
Previous report
Net (Loss)/Profit
Previous report
Cash flow used in operating activities for the nine months ended February 28, 2025 and February 29, 2024 is $370,928 and $637,763 respectively, reflecting an increase of cash flow $266,835. The increase is mainly due to increase cash flow of advanced received $798,095, accounts payable $223,014, advances to related parties $85,576, amortization of right-of-use assets $6,837, income tax refund $3,475, impairment of intangible assets $3,180, accounts receivable $2,604 and offset net loss increased by $55,646, decreased of accrued liabilities, deposit received and other payables $496,942 prepayments, deposits and other receivables $168,206, amortization of intangible assets $104,895, inventories $20,491, operating lease expenses $6,197, advances to directors $3,538 and depreciation $31.
Previous report
COMMITMENTS AND CONTINGENCIESss
Reworded paragraphs (13)
Previous wording
For the three months period ended February 28, 2025, we generated total revenue of $64,541 that included brand name administrative fee $60,859, exhaust gas cleaner and motor oil and auto parts $3,682.
Current wording
For the three months period ended August 31, 2025, we generated total revenue of $91,005 that included brand name administrative fee $66,878, motor oil and auto parts $24,122 and others $5.
Previous wording
Total revenues for three months ended February 28, 2025 were $64,541 compared to $390,268 for the three months ended February 29, 2024, which decreased by $325,727. Due to the slow market activity, brand name administrative fee decreased by $240,815, exhaust gas cleaner, motor oil and auto parts decreased by $83,971 and others decreased by $941 respectively.
Current wording
Total revenues for three months ended August 31, 2025 were $91,005 compared to $114,382 for the three months ended August 31, 2024, which decreased by $18,140. Due to the slow market activity, brand name administrative fee decreased by $18,140, motor oil and auto parts $5,175 and others $62.
Previous wording
The Company are engaging in trading of exhaust gas cleaner, auto parts and motor oil to their third-party agents in China. Revenues from services consist of administrative of brand name and training fees. Payments of services are generally received before delivery the services.
Current wording
The Company are engaging in trading of motor oil and auto parts to their third-party agents in China. Revenues from services consist of administrative of brand name and training fees. Payments of services are generally received before delivery the services.
Previous wording
Revenues related to sales of exhaust gas cleaner, motor oil and auto parts are recognized in the consolidated statements of operations and comprehensive (loss)/income at the time when the goods are delivered and the ownership transfer to the customers.
Current wording
Revenues related to sales of motor oil and auto parts are recognized in the consolidated statements of operations and comprehensive income/(loss) at the time when the goods are delivered and the ownership transfer to the customers.
Previous wording
Cost of revenue for the three months ended February 28, 2025 were $2,443 compared to $63,528 as of ended February 29, 2024, a decrement of $61,085. Due to the slow market activity, exhaust gas cleaner, motor oil and auto parts decreased by $60,704 and others by $381.
Current wording
Cost of revenue for the three months ended August 31, 2025 were $16,044 compared to $19,373 as of ended August 31, 2024, a decrement of $3,329. Due to the slow market activity, motor oil and auto parts decreased by $2,670 and others $659 respectively.
Previous wording
Gross profit for the three months ended February 28, 2025 were $62,098 compared to $326,740 as of February 29, 2025, a decrement of $264,642 is mainly due to the decrease of revenue from brand name administrative fee $240,815, sales of exhaust gas cleaner, motor oil and auto parts $23,267 and others $560.
Current wording
Gross profit for the three months ended August 31, 2025 is $74,961 compared to $95,009 as of August 31, 2024, a decrement of $20,048 is mainly due to the decrease of revenue from brand name administrative fee and sales of motor oil and auto parts.
Previous wording
Selling and Distribution expenses for the three months ended February 28, 2025 were $46,766 compared to $79,920 as of February 29, 2024, a decrease of $33,154 is due to decrease in sales commission $7,552, conference expenses $6,850, transportation costs $5,467, promotion expenses $4,216, travelling expenses $4,174, payroll costs $2,693, entertainment expenses $2,151 and others $51. The decrease in selling and distribution expenses is due to slow market activity.
Current wording
Selling and Distribution expenses for the three months ended August 31, 2025 were $43,066 compared to $56,129 as of August 31, 2024, a decrease of $13,063 is due to decrease in consultancy fees $10,617, office expenses $2,112, transportation expenses $1,857, entertainment expenses $688, and offset increase in payroll costs $1,486, travelling expenses $582 and others $143.The decrease in selling and distribution expenses is due to slow market activity.
Previous wording
G&A expenses for the three months ended February 28, 2025 were $79,983 compared to $132,964 as of February 29, 2024, a decrease of $52,981 was primarily due to the decrease of amortization of intangible assets $34,965, payroll costs $10,373, R&D expenses $3,591, rental $3,292, consultancy fees $2,314, others $2,078 and offset increase in loss on disposal of slow movement stock $3,632. The decrease in general and administrative expenses is due to slow market activity.
Current wording
G&A expenses for the three months ended August 31, 2025 were $78,559 compared to $82,547 as of August 31, 2024, a decrease of $3,988 was primarily due to the decrease of impairment of development costs $1,588, rental $1,472, travelling expenses $768, payroll costs $703, others $1,131 and offset with increase in R&D expenses $1,674. The decrease in general and administrative expenses is due to slow market activity.
Previous wording
We recorded an income tax expense of $0 for the period ended February 28, 2025 and February 29, 2024, respectively.
Current wording
We recorded an income tax of $0 and tax refund $2,263 for the period ended August 31, 2025 and August 31, 2024, respectively.
Previous wording
Net loss $64,638 and net profit $108,741 occurred for the three months ended February 28, 2025 and February 29, 2024 respectively, due to the factors discussed above.
Current wording
Net loss $46,776 and $41,567 occurred for the three months ended August 31, 2025 and 2024 respectively, due to the factors discussed above.
Previous wording
Cash flow used in investing activities is $3,175 for the nine months ended February 28, 2025, as compared to $5,119 for the nine months ended February 29, 2024, reflecting an increase of cash flow $1,944. The increase is due to decrease of purchase of property and equipment $2,315 and disposal of subsidiary net of cash disposed $2,804, offset purchase of intangible assets $3,175.
Current wording
Cash flow used in investing activities is $0 for the three months ended August 31, 2025, as compared to $1,617 for the three months ended August 31, 2023, reflecting an increase of cash flow $1,617. The increase is due to decrease of investment in development costs $1,617 .
Previous wording
Cash flow provided by financing activities is $369,728 for the nine months ended February 28, 2025, compared to use in financing activities $0 for the nine months ended February 29, 2024, reflecting an increase of $369,728. The increase in net cash provided by financing activities was due to issuance of ordinary shares through private placements, proceeds $264,600 from issuance of 400,000 shares to Shiguo Wang and $105,128 from issuance of 160,000 shares to Zhongxin Lei.
Current wording
Cash flow provided by financing activities is $3,849 for the three months ended August 31, 2025, compared to used in financing activities $5,540 for the three months ended August 31, 2024, reflecting an increase of $9,389. The increase in net cash provided by financing activities was mainly due to increase in advance from related party $9,389.
Previous wording
A provision of $82,418 is provided, where the Company has a business dispute with a customer, and no legal action is taken against us.
Current wording
A provision of $84,151 is provided, where the Company has a business dispute with a customer, and no legal action is taken against us.
Rearranged current paragraphs (1)
Current report — wording carried from elsewhere
Sales of Motor Oil and Auto Parts