Lixiang Education Holding Co. Ltd. financial data

Symbol
LXEH on Nasdaq
Industry
Services-Educational Services
Location
No. 818 Hua Yuan Street, Liandu District, Lishui City. Zhejiang Province, China
Latest financial report
Q4 2023 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Operating Margin -215 % -144%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 117 M shares +75%
Common Stock, Shares, Outstanding 117 M shares +75%
Common Stock, Value, Issued 11.4 K USD +74.3%
Weighted Average Number of Shares Outstanding, Basic 78.6 M shares +17.9%
Weighted Average Number of Shares Outstanding, Diluted 78.6 M shares +17.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 7.16 M USD +0.37%
Cost of Revenue 6.6 M USD +10.2%
Selling and Marketing Expense 2.58 K USD -99.1%
General and Administrative Expense 3.58 M USD -18.9%
Operating Income (Loss) -15.4 M USD -145%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -14.2 M USD -1173%
Income Tax Expense (Benefit) 439 K USD +615%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 32 M USD -10.6%
Accounts Receivable, after Allowance for Credit Loss, Current 1.32 K USD -97.9%
Inventory, Net 125 K USD -26%
Other Assets, Current 362 K CNY +90.5%
Assets, Current 34.5 M USD -27.8%
Other Long-term Investments 4.91 M USD -5.42%
Deferred Income Tax Assets, Net 762 K USD +67.7%
Property, Plant and Equipment, Net 21.3 M USD -8.06%
Operating Lease, Right-of-Use Asset 348 K USD -68.3%
Intangible Assets, Net (Excluding Goodwill) 27.7 K USD -12.8%
Goodwill 10.2 M USD +144%
Assets 61.1 M USD -30.8%
Accounts Payable, Current 212 K USD -50.1%
Employee-related Liabilities, Current 346 K USD -30.4%
Contract with Customer, Liability, Current 1.36 M USD +524%
Liabilities, Current 14.5 M USD -25.2%
Long-term Debt and Lease Obligation 73 M CNY -5.15%
Operating Lease, Liability, Noncurrent 516 K USD
Liabilities 39 M USD -24.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.2 M USD +49.5%
Retained Earnings (Accumulated Deficit) -34.6 M USD -101%
Stockholders' Equity Attributable to Parent 22.2 M USD -39.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 22.1 M USD -39.8%
Liabilities and Equity 61.1 M USD -30.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.34 M USD -240%
Net Cash Provided by (Used in) Financing Activities 6.21 M USD
Net Cash Provided by (Used in) Investing Activities -1.07 M USD -1513%
Common Stock, Shares Authorized 500 M shares 0%
Common Stock, Shares, Issued 117 M shares +75%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.78 M USD -162%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 32 M USD -10.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 541 K USD +42.6%
Deferred Tax Assets, Valuation Allowance 24.2 M CNY +1582%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Operating Lease, Liability 2.47 M CNY -66.7%
Depreciation 863 K USD -13.9%
Payments to Acquire Property, Plant, and Equipment 307 K USD +63.2%
Lessee, Operating Lease, Liability, to be Paid 2.51 M CNY
Property, Plant and Equipment, Gross 192 M CNY -2.9%
Operating Lease, Liability, Current 348 K USD -37.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.51 M CNY
Deferred Income Tax Expense (Benefit) 409 K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 43.3 K CNY
Deferred Tax Assets, Operating Loss Carryforwards 7.87 M CNY +81.4%
Current Income Tax Expense (Benefit) 216 K CNY +268%
Unrecognized Tax Benefits 24.2 M CNY +1582%
Operating Lease, Payments 4.34 M CNY +11.9%
Additional Paid in Capital 47 M USD +6.08%
Amortization of Intangible Assets 4.65 K USD -10%
Operating Leases, Future Minimum Payments, Due in Three Years 8.86 M CNY
Operating Leases, Future Minimum Payments Due 27.5 M CNY +4.5%
Interest Expense 512 K USD -25%