JPM
JPMorgan Chase & Co.
JPM's fundamentals are strong, but it looks expensive: trading at 14x earnings, above its usual 12x. Analysts expect earnings growth.
ZBAO
Zhibao Technology Inc. Class A Ordinary Shares
There isn't enough reported data to score ZBAO yet.
JPM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
JPM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like JPM.
ZBAO Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| N/A | |
| N/A |
ZBAO's profitability is currently weak. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like ZBAO.
JPM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $231 | -33% |
| Fair | 12x | $287 | -16% |
| Current | 14x | $343 | — |
| Forward | 14x | $343 | — |
| Expensive | 15x | $361 | +5.2% |
Historical ranges are pointers, not guarantees.
JPM's PE is in its expensive range at 14.4x. If earnings grow as analysts expect, today's price would be 13.7x next year's earnings.
ZBAO PE Valuation
ZBAO has no meaningful PE right now: it lost money over the past year.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for JPM, with profitability improving.
ZBAO Forward outlook
There aren't enough analyst estimates for ZBAO to show an outlook.
JPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $24.99 | +4.8% |
| Q3 2026 | $23.85 | +18% |
| Q2 2026 | $23.35 | +20% |
| Q1 2026 | $20.89 | +2.5% |
| Q4 2025 | $20.02 | +1.4% |
| Q3 2025 | $20.20 | +12% |
| Q2 2025 | $19.50 | +8.7% |
| Q1 2025 | $20.38 | +23% |
| Q4 2024 | $19.75 | +22% |
JPM has the edge over ZBAO in the latest year-over-year earnings comparison.
ZBAO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2025 | -$14.56 | -541% |
| Q4 2024 | $5.25 | +$21.79 |
| Q2 2024 | $3.30 | +$15.20 |
| Q4 2023 | -$16.54 | -577% |
| Q2 2023 | -$11.90 | -241% |
ZBAO lost $14.56 per share over the past year, a bigger loss than the year before.
JPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $50.2B | +8.1% |
| Q2 2026 | $57.3B | +28% |
| Q1 2026 | $49.8B | +10% |
| Q4 2025 | $45.8B | +7.1% |
| Q3 2025 | $46.4B | +8.8% |
| Q2 2025 | $44.9B | -11% |
| Q1 2025 | $45.3B | +8.1% |
| Q4 2024 | $42.8B | +11% |
ZBAO has the stronger quarterly revenue trend. Revenue is up 8.1% for JPM versus up 144% for ZBAO.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 40% | -0.2 points |
| Q2 2026 | 48% | +7.3 points |
| Q1 2026 | 41% | +0.5 points |
| Q4 2025 | 37% | -3.2 points |
| Q3 2025 | 40% | +0.6 points |
| Q2 2025 | 41% | -6 points |
| Q1 2025 | 41% | -0.6 points |
| Q4 2024 | 41% | +11 points |
JPM's operating margin was 40% last quarter, about level with the same quarter a year ago.
ZBAO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $30.9M | +41% |
| Q2 2025 | $19.6M | +31% |
| Q4 2024 | $22M | +74% |
| Q2 2024 | $14.9M | +89% |
| Q4 2023 | $12.6M | +85% |
| Q2 2023 | $7.9M | +2.9% |
| Q1 2023 | $3.8M | +1.7% |
| Q4 2022 | $6.8M | -22% |
ZBAO's revenue has grown year over year for seven quarters in a row: $31M last quarter, up 144% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | 2.3% | +12 points |
| Q2 2025 | -44% | +58 points |
| Q4 2024 | 2.6% | +104 points |
| Q2 2024 | 19% | +12 points |
| Q4 2023 | -9.9% | -17 points |
| Q2 2023 | -101% | -114 points |
| Q1 2023 | -101% | -114 points |
| Q4 2022 | 7.1% | +1.5 points |
ZBAO's operating margin was 2.3% last quarter, up 12 points from the same quarter a year ago.
JPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $33.2B | +$78.4B |
| Q2 2026 | -$25.3B | -186% |
| Q1 2026 | -$211.8B | +$40.1B |
| Q4 2025 | $119.7B | -19% |
| Q3 2025 | -$45.2B | +$28.9B |
| Q2 2025 | $29.5B | -23% |
| Q1 2025 | -$251.8B | -$97.7B |
| Q4 2024 | $147.8B | +145% |
JPM has the stronger cash trend. Its trailing FCF is down 229% versus its history, compared with ZBAO at down 603%.
ZBAO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2023 | -$32.3M | -$29M |
| Q1 2023 | -$15.5M | -$14M |
| Q4 2022 | $15.3M | +420% |
| Q3 2022 | $15.5M | +934% |
ZBAO's free cash flow was −$34M over the past year, against $14M the year before. Free cash flow isn't a meaningful measure for financial services companies like ZBAO.
JPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -11.2M shares |
| 1 year | -3.1% | -84.6M shares |
| 3 years | -8.5% | -249M shares |
| 5 years | -11% | -322M shares |
| Available history | -17% | -547M shares |
JPM has the edge over ZBAO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.1B |
| Q2 2026 | $6.8B |
| Q1 2026 | $8.3B |
| Q4 2025 | $8.3B |
| Q3 2025 | $8.3B |
| Q2 2025 | $7.5B |
| Q1 2025 | $7.5B |
| Q4 2024 | $4.3B |
JPM spent $24.5B buying back its own shares over the past year, down 11% from the year before.
ZBAO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.3% | +8K shares |
| 1 year | +18% | +99.1K shares |
ZBAO has 639,728 diluted shares, up 18% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
JPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.4x | Very low |
JPM's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like JPM.
ZBAO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2022 | 1.0x | Very low |
| Q3 2022 | 5.5x | High |
| Q2 2022 | 1.1x | Healthy |
ZBAO's net debt is about a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like ZBAO.
JPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 31.5 | Neutral |
JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).
ZBAO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 24.8 | Oversold |
| Stochastic | 0.1 | Oversold |
ZBAO's weekly RSI is 25 (oversold) and its Stochastic is 0 (oversold).
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM is trading at 14x earnings, a 10% premium to the Financial Services sector's median of 13x.
ZBAO PE vs Financial Services Sector
| Metric | ZBAO | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
ZBAO has no meaningful PE right now: it lost money over the past year.
JPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $336.8 | 1.8% above |
| 20 week MA | $345.3 | 0.7% below |
| 50 week MA | $323.2 | 6.1% above |
| 100 week MA | $298.9 | 15% above |
| 200 week MA | $236.6 | 45% above |
JPM has stronger trend alignment. JPM is above 4 of 5 weekly averages versus ZBAO above 0 of 4.
ZBAO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.75 | 88% below |
| 20 week MA | $7.43 | 97% below |
| 50 week MA | $27.9 | 99% below |
| 100 week MA | $43.1 | 100% below |
ZBAO is in a downtrend: it's below all four of its weekly moving averages, and 100% below its 100-week average.
JPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $139.1 | $124.5 | -11% |
| 2021 | $124.5 | $157.3 | +26% |
| 2022 | $157.3 | $131.3 | -17% |
| 2023 | $131.3 | $170.1 | +30% |
| 2024 | $170.1 | $241.2 | +42% |
| 2025 | $241.2 | $327.9 | +36% |
| 2026 YTD | $327.9 | $342.8 | +4.5% |
JPM has the edge over ZBAO on returns for 2026, with the stronger performance.
ZBAO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $170.0 | $88.0 | -48% |
| 2025 | $88.0 | $44.7 | -49% |
| 2026 YTD | $44.7 | $0.21 | -100% |
ZBAO has finished every year since 2024 lower, and it's down 100% so far in 2026.