Sign in

LXEH on Nasdaq

Lixiang Education Holding Co. Ltd.

Lixiang Education Holding Co. Ltd. is an educational services company, listed on Nasdaq (LXEH).1 It is headquartered in Lishui City. Zhejiang Province, China.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$4.4MRevenue, fiscal 20252
-$17.4MNet income, fiscal 20252

Compare with Visionary Holdings Inc., JIADE Ltd or KIDZ AI Inc., or pick any stock.

  • TickerLXEH on Nasdaq1
  • IndustryServices-Educational Services1
  • HeadquartersLishui City. Zhejiang Province, China1
  • Business addressNo. 818 Hua Yuan Street, Liandu District, Lishui City. Zhejiang Province, F4 3230003
  • Filer categoryNon-accelerated filer3

See how the biggest companies compare on our leaderboards

RMB23,161,000. The transfer of the sponsorship interests has been approved by the audit committee and the board of directors of the 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 2025

-38.7%Gross margin2
-118.0%Operating margin2
-395.4%Net margin2
-1.9%Revenue growth, 20252
-79.6%Return on equity2
-$45.0MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Accommodation Revenue From Third Parties brought in 39% of the revenue Lixiang Education Holding Co. Ltd. broke down this way in fiscal 2025.

  1. Accommodation Revenue From Third Parties3.6M CNY239%down 11% from 2024
  2. Uniforms Learning Materials And Other Campus Necessities Revenue From Third Parties2.1M CNY222%down 4% from 2024
  3. Meals Revenue From Third Parties986.5K CNY211%
  4. Rental Revenue From Third Parties983.1K CNY211%up 11% from 2024
  5. Comprehensive Human Resource Services Revenue From Third Parties847.8K CNY29%down 33% from 2024
  6. Rental Revenue From Related Party377.1K CNY24%down 50% from 2024
  7. Others Revenue From Third Parties226.9K CNY22%down 66% from 2024
  8. Others Revenue From Related Parties226.4K CNY22%
Products and services by year
Products and services202320242025
Accommodation Revenue From Third Parties6.0M CNY4.0M CNY3.6M CNY
Uniforms Learning Materials And Other Campus Necessities Revenue From Third Parties2.9M CNY2.2M CNY2.1M CNY
Meals Revenue From Third Parties1.9M CNY986.5K CNY
Rental Revenue From Third Parties746.3K CNY888.5K CNY983.1K CNY
Comprehensive Human Resource Services Revenue From Third Parties653.1K CNY1.3M CNY847.8K CNY
Rental Revenue From Related Party754.3K CNY754.3K CNY377.1K CNY
Others Revenue From Third Parties2.4M CNY660.9K CNY226.9K CNY
Others Revenue From Related Parties226.4K CNY

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue93¢$6.1M
  • Interest7¢$494.3K

Out of $4.4M in revenue.2 The company lost money this year.

Financial statements

Revenue567892$4.4M in 2025−82% since 2020
0$10.0M$20.0M$30.0M2020: $24.4M$24.4M20202021: $5.4M$5.4M2021−78%2022: $7.1M$7.1M2022+32%2023: $7.2M$7.2M2023+0%2024: $4.5M$4.5M2024−37%2025: $4.4M$4.4M2025−2%
Gross profit567892-$1.7M in 2025
-$2.5M0$2.5M$5.0M$7.5M2020: $6.9M$6.9M20202021: $2.7M$2.7M2021−61%2022: $1.1M$1.1M2022−57%2023: $558.5K$558.5K2023−51%2024: -$417.9K-$417.9K20242025: -$1.7M-$1.7M2025+308%
Operating income567892-$5.2M in 2025
-$20.0M-$15.0M-$10.0M-$5.0M0$5.0M2020: $4.0M$4.0M20202021: -$202.8K-$202.8K20212022: -$6.3M-$6.3M2022+3004%2023: -$15.4M-$15.4M2023+145%2024: -$3.6M-$3.6M2024−77%2025: -$5.2M-$5.2M2025+46%
Net income567892-$17.4M in 2025
-$40.0M-$20.0M0$20.0M2020: $5.1M$5.1M20202021: -$38.3M-$38.3M20212022: -$1.2M-$1.2M2022−97%2023: -$17.9M-$17.9M2023+1425%2024: -$3.4M-$3.4M2024−81%2025: -$17.4M-$17.4M2025+417%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Total net revenues30.8M CNY32.8M CNY50.8M CNY
Cost of revenues-42.8M CNY-35.9M CNY-46.9M CNY
Gross profit/(loss)-11.9M CNY-3.1M CNY4.0M CNY
General and administrative expenses-23.5M CNY-22.8M CNY-25.4M CNY
Selling and marketing expenses-985.3K CNY-111.8K CNY-18.3K CNY
Impairment loss on goodwill-22.7M CNY
Expected credit loss for receivables and other assets-65.1M CNY
Total operating expenses-24.5M CNY-22.9M CNY-113.3M CNY
Operating loss-36.4M CNY-26.0M CNY-109.3M CNY
Interest expense-3.5M CNY-2.9M CNY-3.6M CNY
Fair value changes of equity securities-83.6M CNY
Interest income9.3K CNY289.9K CNY134.0K CNY
Other income, net2.2M CNY3.8M CNY12.3M CNY
Loss before income tax expense-121.3M CNY-24.7M CNY-100.5M CNY
Income tax expenses-3.1M CNY
Loss from continuing operations, net of tax-121.3M CNY-24.7M CNY-103.6M CNY
Loss from discontinued operation, net of tax-23.4M CNY
Net loss-121.3M CNY-24.7M CNY-127.0M CNY
Net loss attributable to Lixiang Education Holding Co., Ltd. shareholders-121.9M CNY-24.6M CNY-126.6M CNY
Net loss attributable to non-controlling interests641.0K CNY-74.4K CNY-359.2K CNY
Foreign currency translation adjustment, net of nil tax-5.7M CNY3.8M CNY3.0M CNY
Comprehensive loss-127.0M CNY-20.9M CNY-124.0M CNY
Total comprehensive loss attributable to non-controlling interests641.0K CNY-74.4K CNY-359.2K CNY
Total comprehensive loss attributable to Lixiang Education Holding Co., Ltd. shareholders-127.7M CNY-20.8M CNY-123.7M CNY
Loss per ordinary share continuing operations, Basic (in Dollars per share and Yuan Renminbi per share)-0 CNY-0 CNY-1 CNY
Loss per ordinary share continuing operations, Diluted (in Dollars per share and Yuan Renminbi per share)-0 CNY-0 CNY-1 CNY
Earnings/(loss) per ordinary share discontinued operation, Basic (in Dollars per share and Yuan Renminbi per share)-0 CNY
Earnings/(loss) per ordinary share discontinued operation, Diluted (in Dollars per share and Yuan Renminbi per share)-0 CNY
Weighted average number of ordinary shares outstanding, Basic (in Shares)1.9B shares116.7M shares78.6M shares
Weighted average number of ordinary shares outstanding, Diluted (in Shares)1.9B shares116.7M shares78.6M shares

Compare Lixiang Education Holding Co. Ltd. with another company

Corporate structure

Lixiang Education Holding Co. Ltd. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Lixiang Education Holding Co. Ltd.

  • Fen Ye Filed SCHEDULE 13G/A on Lixiang Education Holding Co. Ltd., latest Feb 4, 2026 (5 filings since Feb 9, 2022)
  • Lip Chee Yong Filed SCHEDULE 13G on Lixiang Education Holding Co. Ltd., latest Jun 13, 2025
  • Lixiang Education Holding Co. Ltd. Lishui City. Zhejiang Province, China

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Lixiang Education Holding Co. 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

ItemLatestA year beforeChange
Property and equipment, before depreciation191.7M CNY2 Dec 31, 2025192.2M CNY2 Dec 31, 2024−0.2%
Accumulated depreciation48.9M CNY2 Dec 31, 202544.9M CNY2 Dec 31, 2024+9.0%
Property and equipment, net$20.4M2 Dec 31, 2025$20.2M9 Dec 31, 2024+1.2%
Operating-lease assets (leased space)$7.7M2 Dec 31, 2025$7.1M9 Dec 31, 2024+8.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.8M2 Dec 31, 2025$30.2M9 Dec 31, 2024−94.0%
Deposits held (banks)813.7K CNY2 Dec 31, 2025856.8K CNY2 Dec 31, 2024−5.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$18.7K2 Dec 31, 2025$22.4K9 Dec 31, 2024−16.5%

Leadership

Who has led Lixiang Education Holding Co. Ltd., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Biao Wei2026–now
  • Chief executive officerBiao Wei Mar 18, 2026 to now10
Board members and other officers (5)

Former names

  • Lixiang Education Holding Co . LtdJun 18, 2020 to Oct 1, 20203

Timeline

  1. Mar 18, 2026New chief executive Biao Wei becomes CEO10

Filings

95 filings to the SEC since October 2021: 7 annual reports, 9 insider forms, 6 large holders, 73 other. The latest 20:

  1. Sep 18, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  2. Sep 11, 2026F-1 REGISTRATION STATEMENT EDGAR
  3. Sep 11, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  4. Aug 19, 20266-K CURRENT REPORT EDGAR
  5. Aug 18, 20263 EDGAR
  6. Aug 18, 20263 EDGAR
  7. Aug 17, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  8. Jun 8, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  9. May 22, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  10. May 12, 202620-F ANNUAL REPORT EDGAR
  11. Apr 30, 2026NT 20-F NOTIFICATION OF LATE FILING EDGAR
  12. Apr 15, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  13. Apr 1, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  14. Mar 23, 20263 EDGAR
  15. Mar 23, 20263 EDGAR
  16. Mar 19, 20263 EDGAR
  17. Mar 19, 20263 EDGAR
  18. Mar 19, 20263 EDGAR
  19. Mar 18, 20263 EDGAR
  20. Mar 18, 20263 EDGAR

The 95 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.

  • Fen YeSCHEDULE 13G/A, 5 filings Feb 9, 2022 to Feb 4, 202616
  • Lip Chee YongSCHEDULE 13G, 1 filing Jun 13, 202517

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
XTX Topco Ltd20,072$27.3K0.0%New
Tower Research Capital LLC (TRC)5,050$6.9K0.0%New
UBS Group AG104$1410.0%New
Hrt Financial LP21,658$290.0%New
Rhumbline Advisers5$60.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Lixiang Education Holding Co. Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARLixiang Education Holding Co. Ltd.1
  • CIK0001814067
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inCayman Islands4
  • Industry code (SIC)8200 Services-Educational Services1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business addressNo. 818 Hua Yuan Street, Liandu District, Lishui City. Zhejiang Province, F4 3230001
  • Phone86(578)22671421
  • Shares outstanding1,871,667,000 Common Class A shares; 45,000,000 Common Class B shares as of Dec 31, 20254
  • AuditorAudit Alliance LLP, Singapore PCAOB ID 3487; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceJun 18, 20201
  • Filings136 in all: 6-K (52), CORRESP (14), UPLOAD (13), 3 (9), 20-F (6), F-1/A (5), EFFECT (4), F-1 (4)1
    All 24 form types

    F-6 POS (4), 424B3 (3), DRSLTR (3), SC 13G/A (3), 20-F/A (2), DRS/A (2), NT 20-F (2), SCHEDULE 13G/A (2), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), F-6 (1), F-6/A (1), SC 13G (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (20-F) May 12, 2026

Securities registered for trading

ClassSymbolExchange
American depositary shares, each representing one thousand Class A ordinary sharesLXEHNasdaq
Class A ordinary shares, par value US$0.0001 per shareNasdaq

From the cover page of the 20-F filed May 12, 2026 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17