Lixiang Education Holding Co. Ltd. - Understand $lxeh stock

$LXEH Market Cap: $2.998 Million

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Financial Snapshot

Revenue

$83.62M

TTM

Gross Margin

27.59%

TTM

Net Earnings

-$251.6M

TTM

Current Assets

$34.49M

Q4 2023

Current Liabilities

$14.53M

Q4 2023

Current Ratio

237.31%

Q4 2023

Total Assets

$61.12M

Q4 2023

Total Liabilities

$39.00M

Q4 2023

Book Value

$22.13M

Q4 2023

Cash

$31.98M

Q4 2023

P/E

-0.01192

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018
Revenue	$7.157M	49.18M cnies	$34.44M	$159.2M	$152.1M	$142.5M
YoY Change	-85.45%	42.82%	-78.37%	4.67%	6.74%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$7.157M	49.18M cnies	$34.44M	$159.2M	$152.1M	$142.5M
Cost Of Revenue	$6.599M	$5.986M	$17.36M	$114.2M	$98.10M	$89.60M
Gross Profit	$558.5K	$1.145M	$17.08M	$45.10M	$54.00M	$52.90M
Gross Profit Margin	7.8%	2.33%	49.6%	28.33%	35.5%	37.12%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$3.586M	$4.707M	$18.37M	$18.90M	$8.900M	$27.40M
YoY Change	-23.81%	-74.38%	-2.79%	112.36%	-67.52%
% of Gross Profit	642.2%	411.17%	107.57%	41.91%	16.48%	51.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$863.2K	$1.003M	$4.291M	$9.150M	$7.870M	$7.470M
YoY Change	-13.91%	-76.63%	-53.11%	16.26%	5.35%
% of Gross Profit	154.57%	87.58%	25.12%	20.29%	14.57%	14.12%
Operating Expenses	$15.96M	$7.439M	$18.37M	$19.20M	$9.300M	$27.60M
YoY Change	114.47%	-59.51%	-4.31%	106.45%	-66.3%
Operating Profit	-$15.40M	-$6.294M	-$1.292M	$25.90M	$44.70M	$25.30M
YoY Change	144.61%	387.02%	-104.99%	-42.06%	76.68%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	$511.9K	$682.6K	-$2.378M	-$2.000M	-$3.400M	-$4.900M
YoY Change	-25.0%	-128.7%	18.92%	-41.18%	-30.61%
% of Operating Profit				-7.72%	-7.61%	-19.37%
Other Income/Expense, Net		$40.38M	$4.591M	$9.800M	$5.900M	$6.800M
YoY Change		779.57%	-53.16%	66.1%	-13.24%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018
Pretax Income	-$14.15M	-$1.112M	$919.8K	$33.60M	$47.20M	$27.40M
YoY Change	1173.05%	-220.86%	-97.26%	-28.81%	72.26%
Income Tax	3.120M cnies	$61.48K	$671.0K	$0.00	$0.00	$0.00
% Of Pretax Income			72.95%	0.0%	0.0%	0.0%
Net Earnings	-$17.89M	-8.091M cnies	-$243.8M	$33.60M	$47.20M	$27.40M
YoY Change	121.06%	-96.68%	-825.65%	-28.81%	72.26%
Net Earnings / Revenue	-249.9%	-16.45%	-708.02%	21.11%	31.03%	19.23%
Basic Earnings Per Share
Diluted Earnings Per Share		-$0.12	-$3.657M	$503.7K	$707.6K	$410.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$246.8M	$199.4M	$212.8M	$44.70M	$7.700M
YoY Change	23.74%	-6.29%	376.06%	480.52%
Cash & Equivalents	$246.8M	$199.4M	$212.8M	$24.70M	$2.600M
Short-Term Investments			$0.00	$20.00M	$5.100M
Other Short-Term Assets	$47.64M	$101.3M	$2.400M	$0.00	$200.0K
YoY Change	-52.96%	4119.79%		-100.0%
Inventory	$1.164M	$227.6K	$1.600M	$1.200M	$500.0K
Prepaid Expenses
Receivables	$431.0K		$0.00	$1.300M	$900.0K
Other Receivables	$33.55M		$0.00	$13.10M	$14.60M
Total Short-Term Assets	$329.6M	$301.1M	$216.8M	$60.30M	$23.90M
YoY Change	9.45%	38.89%	259.54%	152.3%
Property, Plant & Equipment	$167.7M	$165.1M	$205.4M	$204.2M	$202.7M
YoY Change	1.61%	-19.64%	0.59%	0.74%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$41.07M	$39.66M	$37.70M	$38.70M	$39.60M
YoY Change	3.56%	5.2%	-2.58%	-2.27%
Total Long-Term Assets	$279.4M	$231.6M	$243.2M	$243.0M	$242.3M
YoY Change	20.62%	-4.76%	0.08%	0.29%
Total Assets	$608.9M	$532.7M	$460.0M	$303.3M	$266.2M
YoY Change
Accounts Payable	$2.929M	$6.002M	$9.000M	$9.300M	$12.30M
YoY Change	-51.2%	-33.31%	-3.23%	-24.39%
Accrued Expenses	$24.44M	$19.00M	$22.80M	$18.70M	$20.90M
YoY Change	28.62%	-16.65%	21.93%	-10.53%
Deferred Revenue
YoY Change
Short-Term Debt	$67.50M	$77.00M	$39.70M	$83.60M	$69.00M
YoY Change	-12.34%	93.95%	-52.51%	21.16%
Long-Term Debt Due	$3.925M
YoY Change
Total Short-Term Liabilities	$134.1M	$413.7M	$92.10M	$130.4M	$140.2M
YoY Change	-67.58%	349.15%	-29.37%	-6.99%
Long-Term Debt	$1.606M	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$219.7M	$0.00	$400.0K	$1.700M	$2.100M
YoY Change		-100.0%	-76.47%	-19.05%
Total Long-Term Liabilities	$221.3M	$0.00	$400.0K	$1.700M	$2.100M
YoY Change		-100.0%	-76.47%	-19.05%
Total Liabilities	$356.0M	$413.7M	$92.50M	$132.1M	$142.3M
YoY Change	-13.94%	347.2%	-29.98%	-7.17%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	78.58M shares	66.67M shares	66.67M shares	54.17M shares
Diluted Shares Outstanding	78.58M shares	66.67M shares	66.67M shares	54.17M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.9983 Million

About Lixiang Education Holding Co. Ltd.

Lixiang Education Holding Co Ltd is a CN-based company operating in Diversified Consumer Services industry. The company is headquartered in Lishui, Zhejiang and currently employs 197 full-time employees. The company went IPO on 2020-10-01. Lixiang Education Holding Co Ltd is a holding company mainly provides private primary and secondary education service. The firm is designated as the Foreign Language Experimental School of the National Basic Foreign Language Teaching Research Center. The company is also the base of arts, sports, Chinese calligraphy and small-class education. The company not only offers standard the People's Republic of China (PRC) curriculum programs, but also places an emphasis on featured curriculum programs. The company also offer high school education services at its High School Division through its collaboration. The company is mainly responsible for student admission and progression. The firm conducts its businesses in the China market.

Industry: Services-Educational Services Peers: Bright Scholar Education Holdings Ltd China Liberal Education Holdings Ltd Four Seasons Education (Cayman) Inc. Golden Sun Health Technology Group Ltd Meta Data Ltd Skillful Craftsman Education Technology Ltd TCTM Kids IT Education Inc. Zhongchao Inc.