InsiderClue
Stocks · Consumer discretionary · Services-Educational Services

Lixiang Education Holding Co. Ltd.

LXEH Clue Score22
China CIK 0001814067
$1.62 -5.26% Close, 12 Oct 2026
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Price $1.62 −81.16% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 1 Oct 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue142.5Operating income25.3Net income27.4Fiscal year 2019Revenue13.4 −90.6%Operating income6.5Net income47.2 +72.3%EPS, diluted0.10Fiscal year 2020Revenue25.7 +91.4%Operating income4.8Net income33.6 −28.9%EPS, diluted0.07Fiscal year 2021Revenue34.4 +34.0%Operating income−1.3Net income−243.8 −826.0%EPS, diluted0.00Fiscal year 2022Revenue41.4 +20.1%Operating income−45.6Net income−7.8EPS, diluted−0.15Fiscal year 2023Revenue50.8 +22.9%Operating income−109.3Net income−126.6EPS, diluted−1.32Fiscal year 2024Revenue32.8 −35.5%Operating income−26.0Net income−24.6EPS, diluted−0.21Fiscal year 2025Revenue30.8 −6.0%Operating income−36.4Net income−121.9EPS, diluted−0.06
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 142.5 13.4 25.7 34.4 41.4 50.8 32.8 30.8
Growth −90.6% +91.4% +34.0% +20.1% +22.9% −35.5% −6.0%
Operating income 25.3 6.5 4.8 −1.3 −45.6 −109.3 −26.0 −36.4
Net income 27.4 47.2 33.6 −243.8 −7.8 −126.6 −24.6 −121.9
Growth +72.3% −28.9% −826.0%
EPS, diluted n/a 0.10 0.07 0.00 −0.15 −1.32 −0.21 −0.06

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin37.1%Operating margin17.7%Net margin19.2%Free cash flow margin25.8%Fiscal year 2019Gross margin64.5%Operating margin48.7%Net margin351.7%Free cash flow margin437.5%Fiscal year 2020Gross margin58.2%Operating margin18.8%Net margin130.7%Free cash flow margin177.2%Fiscal year 2021Gross margin49.6%Operating margin−3.8%Net margin−708.0%Free cash flow margin82.3%Fiscal year 2022Gross margin2.3%Operating margin−110.3%Net margin−18.8%Free cash flow margin95.9%Fiscal year 2023Gross margin7.8%Operating margin−215.1%Net margin−249.2%Free cash flow margin−120.8%Fiscal year 2024Gross margin−9.3%Operating margin−79.1%Net margin−75.1%Free cash flow margin−56.8%Fiscal year 2025Gross margin−38.7%Operating margin−118.0%Net margin−395.4%Free cash flow margin−1,019.8%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 37.1% 64.5% 58.2% 49.6% 2.3% 7.8% −9.3% −38.7%
Operating margin 17.7% 48.7% 18.8% −3.8% −110.3% −215.1% −79.1% −118.0%
Net margin 19.2% 351.7% 130.7% −708.0% −18.8% −249.2% −75.1% −395.4%
Free cash flow margin 25.8% 437.5% 177.2% 82.3% 95.9% −120.8% −56.8% −1,019.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow52.3Capital expenditure−15.6Free cash flow36.8Fiscal year 2019Operating cash flow58.8Capital expenditure−0.0Free cash flow58.8 +59.8%Fiscal year 2020Operating cash flow49.5Capital expenditure−3.9Free cash flow45.5 −22.5%Fiscal year 2021Operating cash flow30.6Capital expenditure−2.2Free cash flow28.4 −37.7%Fiscal year 2022Operating cash flow41.0Capital expenditure−1.3Free cash flow39.7 +39.9%Fiscal year 2023Operating cash flow−59.2Capital expenditure−2.2Free cash flow−61.4 −254.7%Fiscal year 2024Operating cash flow−18.3Capital expenditure−0.3Free cash flow−18.6Fiscal year 2025Operating cash flow−314.3Capital expenditure−0.1Free cash flow−314.4
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 52.3 58.8 49.5 30.6 41.0 −59.2 −18.3 −314.3
Capital expenditure −15.6 −0.0 −3.9 −2.2 −1.3 −2.2 −0.3 −0.1
Free cash flow 36.8 58.8 45.5 28.4 39.7 −61.4 −18.6 −314.4
Growth +59.8% −22.5% −37.7% +39.9% −254.7%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash2.6Shareholders’ equity123.9Fiscal year 2019Cash24.7Shareholders’ equity171.1Fiscal year 2020Cash203.6Shareholders’ equity367.5Fiscal year 2021Cash199.4Shareholders’ equity119.1Fiscal year 2022Cash246.3Total debt3.8Net cash (debt)242.5Shareholders’ equity252.9Debt to equity0.01Fiscal year 2023Cash227.0Total debt76.5Net cash (debt)150.5Shareholders’ equity157.4Debt to equity0.49Fiscal year 2024Cash220.7Total debt84.0Net cash (debt)136.7Shareholders’ equity146.1Debt to equity0.57Fiscal year 2025Cash12.8Shareholders’ equity153.2
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 2.6 24.7 203.6 199.4 246.3 227.0 220.7 12.8
Total debt n/a n/a n/a n/a 3.8 76.5 84.0 n/a
Net cash (debt) n/a n/a n/a n/a 242.5 150.5 136.7 n/a
Shareholders’ equity 123.9 171.1 367.5 119.1 252.9 157.4 146.1 153.2
Debt to equity n/a n/a n/a n/a 0.01 0.49 0.57 n/a

In millions of CNY, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
37.1% 64.5% 58.2% 49.6% 2.3% 7.8% −9.3% −38.7%
17.7% 48.7% 18.8% −3.8% −110.3% −215.1% −79.1% −118.0%
19.2% 35.7% 15.4% 2.7% −23.9% −197.7% −75.3% −393.3%
19.2% 351.7% 130.7% −708.0% −18.8% −249.2% −75.1% −395.4%
25.8% 437.5% 177.2% 82.3% 95.9% −120.8% −56.8% −1,019.8%
Spending
19.4% 15.8% 39.4% 53.4% 66.9% 50.1% 69.5% 76.1%
10.9% 0.1% 15.2% 6.5% 3.1% 4.3% 0.9% 0.4%
0.0% 0.0% 0.0% 72.9% n/a n/a n/a n/a
Returns
22.1% 27.6% 9.1% −204.8% −3.1% −80.4% −16.9% −79.6%
n/a 15.6% 4.6% −45.8% −1.3% −29.2% −5.2% −38.5%
Balance and payout
n/a n/a n/a n/a 0.01 0.49 0.57 n/a
n/a 43.6% 49.2% 77.7% 58.4% 63.8% 69.1% 51.7%

Shown in CNY as filed; the screener converts to dollars.