Lixiang Education Holding Co. (LXEH) Financial Statements & Analysis

Lixiang Education Holding Co. (LXEH) Income Statement

Lixiang Education Holding Co. reported revenue of CNY 30.83M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 6.0% from CNY 32.80M a year earlier. Lixiang Education Holding Co. posted a net loss of CNY 121.90M, compared with a net loss of CNY 24.63M a year earlier. Gross margin was -38.7% and operating margin -118.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was CNY 15.28M, up 0.7% from the same quarter a year earlier.

Lixiang Education Holding Co. Income Statement Analysis

Values in millions CNY

Income Statement Balance Sheet Cash Flow Ratios

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Lixiang Education Holding Co., Ltd. income statement - Annual data in millions CNY
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	30.83	32.80	50.82	41.35	34.44	25.70	13.43	427.57	130.33
Cost of Revenue	42.76	35.85	46.85	40.40	17.36	10.75	4.76	268.83	74.87
Gross Profit	-11.93	-3.05	3.97	0.95	17.08	14.95	8.67	158.74	55.46
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	24.45	22.91	25.46	27.73	18.37	10.12	2.12	82.13	8.61
Operating Expenses	24.45	22.91	226.54	46.57	18.37	10.12	2.12	82.86	8.81
Operating Income	-36.38	-25.96	-109.31	-45.62	-1.29	4.83	6.55	75.88	46.65
Other Income/Expense
Interest Income	0.01	0.29	0.13	0.07	0.00	0.00	0.00	0.09	0.11
Interest Expense	3.46	2.90	-3.63	-4.01	2.38	0.88	1.73	5.29	4.46
Other Income/Expense	-81.43	1.26	8.84	35.75	2.21	-0.88	-1.75	6.36	7.49
Income
Income Before Tax	-121.26	-24.70	-100.48	-9.87	0.92	3.95	4.80	82.24	54.13
Income Tax Expense	0.00	0.00	3.12	0.05	0.67	0.00	0.00	0.00	0.00
Net Income	-121.90	-24.63	-126.63	-7.79	-243.82	33.59	47.24	82.24	54.13
Net Income - Continuous Operations	-121.26	-24.63	-103.60	-7.79	-243.82	33.59	47.24	82.24	54.13
Net Income - Discontinued Operations	-	-	-23.39	1.83	-244.07	-	-	-	-
EBITDA	-103.21	-20.38	-79.53	-18.89	3.94	9.69	11.31	101.10	52.44
EBIT	-117.81	-25.96	-86.64	-26.78	3.31	4.83	-	-	-
Depreciation & Amortization	14.60	5.58	7.11	7.89	5.24	4.87	4.77	25.23	5.80
Earnings Per Share
Basic EPS	-60.00	-21.00	-1611.00	-117.00	-366.00	7.00	10.00	164.00	812.00
Diluted EPS	-60.00	-21.00	-1320.00	-150.00	-366.00	7.00	10.00	164.00	812.00
Basic Shares Outstanding	1.91	1.17	0.08	0.07	0.67	0.54	0.50	0.50	0.07
Diluted Shares Outstanding	1.91	1.17	0.08	0.07	0.67	0.54	0.50	0.50	0.07

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Lixiang Education Holding Co. Financial Statements

What was Lixiang Education Holding Co.'s revenue in fiscal 2025?

Lixiang Education Holding Co. reported revenue of CNY 30.83M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 6.0% from CNY 32.80M a year earlier.

Is Lixiang Education Holding Co. profitable?

No. Lixiang Education Holding Co. reported a net loss of CNY 121.90M in fiscal 2025. In fiscal 2024 it lost CNY 24.63M.

What is Lixiang Education Holding Co.'s operating margin?

Lixiang Education Holding Co.'s operating income was −CNY 36.38M on revenue of CNY 30.83M in fiscal 2025, an operating margin of -118.0%, compared with -79.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition