Overview
- IndustryServices-Educational Services1
- HeadquartersBeijing, China1
- Incorporated inCayman Islands3
- Business address7Th Floor, Building 5, No. 2 Zhenxing Rd, Changping District, Beijing, F4 1022993
- Filer categoryNon-accelerated filer, Emerging growth company3
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We directly hold 100% of the equity interests in our subsidiaries, and we consolidated the financial results of the former affiliated entities during the time periods when they were our affiliated entities in the consolidated financial statements of the Company in accordance with U.S. GAAP. Our Ordinary Shares are the shares of the offshore holding company in the Cayman Islands, instead of shares of our operating companies in China. Therefore, holders of our Ordinary Shares do not directly hold any equity interests in our operating companies and investors are purchasing an interest in the Cayman Islands holding company.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue43¢$1.2M
- Other costs47¢$1.4M
- Interest10¢$289.7K
- Income tax0¢$2.0K
Out of $2.9M in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.9M5 | $4.8M6 | $5.3M7 | $5.0M8 | $3.9M2 | $5.2M2 | $2.9M2 | |
| Cost of revenue | $2.7M6 | $3.4M7 | $2.2M8 | $1.1M2 | $1.2M2 | $1.2M2 | ||
| Gross profit | $1.7M5 | $2.1M6 | $1.9M7 | $2.9M8 | $2.8M2 | $4.0M2 | $1.7M2 | |
| Operating expenses | -$3.9M2 | -$5.6M2 | -$2.6M2 | |||||
| Operating income | $774.4K5 | $823.1K6 | $518.7K7 | $1.4M8 | -$1.2M2 | -$1.5M2 | -$934.5K2 | |
| Interest | $3.1K2 | $136.6K2 | $289.7K2 | |||||
| Income before tax | -$1.2M2 | -$2.3M2 | -$3.8M2 | |||||
| Income tax | $167.8K6 | $156.0K7 | -$303.2K8 | -$300.0K2 | -$460.0K2 | -$2.0K2 | ||
| Net income | $874.8K5 | $924.4K6 | $437.9K7 | $1.2M8 | -$1.2M2 | -$1.7M2 | -$5.0M2 |
No quarterly figures reported.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash | $438.7K5 | $8.0K6 | $2.1M7 | $1.7M7 | $5.0M7 | $32.7M7 | $13.7M2 | $20.3M2 |
| Inventory | $201.1K8 | $193.7K2 | $167.5K2 | |||||
| Current assets | $5.7M6 | $12.3M7 | $43.6M8 | $18.4M2 | $65.6M2 | |||
| Property, plant and equipment | $35.4K8 | $19.8K2 | $5.2K2 | |||||
| Goodwill | $08 | $9.5M2 | $6.7M2 | |||||
| Intangible assets | $08 | $423.3K2 | $351.7K2 | |||||
| Total assets | $5.3M5 | $6.0M6 | $6.9M7 | $12.8M7 | $43.6M8 | $104.0M2 | $72.8M2 | |
| Accounts payable | $169.1K8 | $762.4K2 | $571.4K2 | |||||
| Current liabilities | $1.7M6 | $1.1M7 | $1.7M8 | $20.0M2 | $6.2M2 | |||
| Total liabilities | $640.4K5 | $716.0K6 | $1.7M7 | $1.1M7 | $1.7M8 | $41.5M2 | $6.3M2 | |
| Retained earnings | $147.3K8 | -$1.8M2 | -$6.8M2 | |||||
| Shareholders’ equity | $3.0M5 | $4.6M6 | $5.3M7 | $5.2M8 | $11.6M2 | $42.0M2 | $62.5M2 | $66.5M2 |
| Shares outstanding | 5.0M shares5 | 6.3M shares6 | 13.8M shares7 | 31.6M shares8 | 49.6M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -$3.7M5 | $261.8K6 | -$338.4K7 | $635.8K8 | -$1.4M2 | $423.6K2 | -$3.8M2 | |
| Depreciation and amortization | $18.7K7 | |||||||
| Stock-based compensation | $2.3M2 | $2.8M2 | $02 | |||||
| Capital spending | $9.4K5 | $83.5K6 | $17.7K7 | $21.2K8 | $4.4K2 | $02 | $02 | |
| Free cash flow | -$3.7M | $178.3K | -$356.2K | $614.6K | -$1.4M | $423.6K | -$3.8M | |
| Cash from investing | -$7.5K2 | -$32.6M2 | -$2.2M2 | |||||
| Cash from financing | $29.1M2 | $12.9M2 | $12.7M2 |
Compare China Liberal Education Holdings Ltd with another company
Corporate structure
China Liberal Education Holdings Ltd sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of China Liberal Education Holdings Ltd
- Ever Alpha Global Ltd Filed SC 13D/A on China Liberal Education Holdings Ltd, latest Oct 8, 2024 (3 filings since Mar 7, 2022)
- Coast Flagship Investment SPC- Harvest IPO Mixed Strategy Investment SP Filed SC 13G/A on China Liberal Education Holdings Ltd, latest Mar 13, 2023 (2 filings since Mar 6, 2023)
- Fulai International Ltd Filed SC 13G/A on China Liberal Education Holdings Ltd, latest Feb 14, 2022
- Sio Peng Choi Filed SC 13G/A on China Liberal Education Holdings Ltd, latest Feb 14, 2022
- United Glory Global Ltd Filed SC 13G/A on China Liberal Education Holdings Ltd, latest Feb 14, 2022
- China Liberal Education Holdings Ltd Beijing, China
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What China Liberal Education Holdings Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $1.3M8 Dec 31, 2022 | $08 Dec 31, 2021 | |
| Accumulated depreciation | $872.1K2 Dec 31, 2023 | $899.4K2 Dec 31, 2022 | −3.0% |
| Property and equipment, net | $5.2K2 Dec 31, 2023 | $19.8K2 Dec 31, 2022 | −73.9% |
| Finance-lease assets | $102.5K2 Dec 31, 2023 | $13.1K2 Dec 31, 2022 | +682.1% |
| Operating-lease assets (leased space) | $102.5K2 Dec 31, 2023 | $13.1K2 Dec 31, 2022 | +682.1% |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $6.7M2 Dec 31, 2023 | $9.5M2 Dec 31, 2022 | −28.8% |
| Intangible assets, net (excluding goodwill) | $351.7K2 Dec 31, 2023 | $423.3K2 Dec 31, 2022 | −16.9% |
| Finite-lived intangibles, gross | $630.9K2 Dec 31, 2023 | $633.3K2 Dec 31, 2022 | −0.4% |
| Finite-lived intangibles, net | $351.7K2 Dec 31, 2023 | $423.3K2 Dec 31, 2022 | −16.9% |
Inventory
Filings
90 filings to the SEC since October 2021: 4 annual reports, 8 large holders, 78 other. The latest 20:
- Jun 20, 20256-K EDGAR
- Jun 2, 20256-K EDGAR
- May 22, 20256-K EDGAR
- May 12, 20256-K EDGAR
- Apr 29, 2025NT 20-F EDGAR
- Feb 20, 20256-K EDGAR
- Feb 6, 20256-K EDGAR
- Jan 27, 20256-K EDGAR
- Jan 15, 20256-K EDGAR
- Jan 13, 20256-K EDGAR
- Dec 31, 20246-K EDGAR
- Dec 23, 2024424B5 EDGAR
- Dec 23, 20246-K EDGAR
- Nov 27, 20246-K EDGAR
- Oct 31, 20246-K EDGAR
- Oct 11, 20246-K EDGAR
- Oct 8, 2024SC 13D/A SC 13DA EDGAR
- Oct 1, 20246-K EDGAR
- Aug 23, 20246-K EDGAR
- Aug 23, 20246-K EDGAR
The 90 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Ever Alpha Global LtdSC 13D/A, 3 filings Mar 7, 2022 to Oct 8, 20249
- Coast Flagship Investment SPC- Harvest IPO Mixed Strategy Investment SPSC 13G/A, 2 filings Mar 6, 2023 to Mar 13, 202310
- Fulai International LtdSC 13G/A, 1 filing Feb 14, 202211
- Sio Peng ChoiSC 13G/A, 1 filing Feb 14, 202212
- United Glory Global LtdSC 13G/A, 1 filing Feb 14, 202213
SEC filer profile
How China Liberal Education Holdings Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARChina Liberal Education Holdings Ltd1
- CIK0001775085
- Filer statusNon-accelerated filer<br>emerging growth company1
- Incorporated inCayman Islands1
- Fiscal year endsDecember 311
- Industry code (SIC)8200 Services-Educational Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address7Th Floor, Building 5, No. 2 Zhenxing Rd, Changping District, Beijing, F4 1022991
- Phone86 10 6597 81181
- Shares outstanding49,598,333 as of Dec 31, 20232
- On EDGAR sinceMay 6, 20191
- Filings143 in all: 6-K (63), CORRESP (11), UPLOAD (11), 144 (6), 20-F (5), EFFECT (5), F-1/A (5), SC 13G (5)1
All 27 form types
SC 13G/A (5), 424B4 (3), F-1 (3), 424B5 (2), DRS (2), NT 20-F (2), S-8 (2), SC 13D/A (2), 20-F/A (1), 25-NSE (1), 6-K/A (1), 8-A12B (1), CERT (1), DRS/A (1), DRSLTR (1), F-3 (1), FWP (1), POS AM (1), SC 13D (1)
- Latest filingsAnnual report (20-F) Apr 15, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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