Logo

LXEH

Lixiang Education Holding Co., Ltd.

LXEH

Lixiang Education Holding Co., Ltd. • NASDAQ
$0.36 ▼ -0.06% (-0.00)
Market Cap $256998
52w High $50.08
52w Low $0.30
Dividend Yield 0%
P/E -0.17
Volume 34.02K
Outstanding Shares 716.67K

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $17.486M ▲ $13.222M ▲ $-16.068M ▼ -91.888% ▼ $-13.78 ▼ $-13.364M ▼
Q2-2024 $15.315M ▼ $9.689M ▼ $-8.56M ▲ -55.894% ▲ $-7.34 ▲ $-5.871M ▲
Q4-2023 $25.59M ▼ $101.616M ▲ $-118.539M ▼ -463.226% ▼ $-106 ▼ $-76.816M ▼
Q2-2023 $25.991M ▲ $12.576M ▼ $-8.092M ▼ -31.134% ▼ $-25.34 ▼ $-2.547M ▲
Q4-2022 $10.773M $24.952M $-2.878M -26.714% $-4.32 $-9.557M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $220.724M ▼ $470.617M ▲ $325.12M ▲ $146.138M ▼
Q2-2024 $230.566M ▲ $432.114M ▼ $261.363M ▼ $171.392M ▲
Q4-2023 $227.04M ▼ $433.971M ▼ $276.872M ▼ $157.409M ▼
Q2-2023 $240.123M ▼ $593.597M ▼ $341.994M ▼ $251.713M ▼
Q4-2022 $246.762M $608.926M $355.436M $252.942M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $-16.068M ▼ $0 $0 $0 $0 $0
Q2-2024 $-8.56M ▲ $0 ▲ $0 ▲ $0 ▼ $0 ▲ $0 ▲
Q4-2023 $-51.798M $-29.6M $-3.788M $22.042M $-19.721M $-30.689M
Q2-2023 $-51.798M ▼ $-29.6M ▼ $-3.788M ▼ $22.042M ▲ $-19.721M ▼ $-30.689M ▼
Q4-2022 $-4.96M $20.484M $-228.19K $-5.609M $47.35M $19.836M

Five-Year Company Overview

Income Statement

Income Statement Revenue is very small and has not really grown over the last few years. Profitability is weak: gross profit has been thin, and operating results have mostly been in the red. The company has swung between small profit and loss in the past, but recent years show consistent net losses. Earnings per share look extremely volatile, but that’s largely a function of changes in the share count and reverse splits rather than a suddenly booming or collapsing business. Overall, this is a tiny, low‑margin operation that has not yet found a stable, profitable footing.

Balance Sheet

Balance Sheet The balance sheet is modest in size. Cash makes up a large portion of total assets, which gives the company some financial breathing room despite its losses. Debt exists but is not especially large relative to assets, suggesting leverage is not the central risk. Shareholders’ equity has shrunk compared with earlier years but remains positive, which indicates accumulated losses but not a distressed balance sheet at this stage. In simple terms, the company is small, still solvent, and somewhat cushioned by its cash, but not building net worth.

Cash Flow

Cash Flow Historically the business did generate some operating cash, but in the most recent years it has shifted to burning cash from operations. Free cash flow moves in lockstep with operating cash flow because capital spending is essentially zero, which also implies limited physical expansion or investment in facilities. The current pattern is a gradual drawdown of cash to support an unprofitable business. The burn rate looks modest against the cash balance, but if losses persist without improvement, the company may eventually need either to cut costs, grow revenue, or seek new funding.

Competitive Edge

Competitive Edge Lixiang operates in a very crowded and heavily regulated Chinese private education market. Its attempt to differentiate itself comes from a mix of traditional K‑12 schooling, vocational programs, and human‑resources services, plus a niche focus on preparing students for overseas study, especially in Japan. That integrated model could be attractive if executed well, but there is little public evidence so far that it has translated into strong enrollment growth or clear market share gains. Competition from larger, better‑known education brands, along with ongoing regulatory uncertainty in China’s education sector, weighs on the strength of its competitive position.

Innovation and R&D

Innovation and R&D The company talks about technology‑driven learning, adaptive algorithms, and digital platforms, but public disclosures offer few concrete details about proprietary tools, patents, or measurable learning advantages. Innovation appears to be more about program design—such as overseas‑study tracks and links to employment services—than about deep technology or research‑heavy development. There is also limited transparency about future product pipelines or major new initiatives. Overall, Lixiang presents itself as modern and tech‑enabled, but the innovation story remains vague and unproven from an outside perspective.

Summary

Lixiang Education is a very small, niche private education provider with a strategy centered on integrated education services and overseas‑study pathways, but its financial performance has been weak and inconsistent. Revenue remains tiny and flat, profitability is poor, and the business is currently consuming rather than generating cash. The balance sheet still carries a meaningful cash cushion and manageable debt, yet shareholders’ equity has eroded, reflecting ongoing losses. Competitive and regulatory pressures in China’s education industry, combined with limited clarity around its technology and growth initiatives, make the company’s future path uncertain and highly execution‑dependent.

NEWS

November 21, 2025 · 5:00 AM UTC

Lixiang Education Received Notice of Failure to Satisfy Continued Listing Rule

Read more