Lixiang Education Holding Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	32.85	32.8	50.82	41.35	34.44	25.71
Revenue Growth (YoY)	-18.15%	-35.45%	22.88%	20.09%	33.97%	91.38%
Cost of Revenue	41.21	35.85	46.85	40.41	17.36	10.75
Gross Profit	-8.36	-3.05	3.97	0.95	17.08	14.95
Selling, General & Admin	23.21	22.91	113.28	46.57	18.37	10.12
Total Operating Expenses	23.21	22.91	113.28	46.57	18.37	10.12
Operating Income	-31.57	-25.96	-109.32	-45.62	-1.29	4.83
Interest Income	0.07	0.29	0.13	0.07	0.01	0.02
Interest Expense	-3.36	-2.86	-3.63	-4.01	-2.39	-0.9
Other Non-Operating Income (Expense)	2.7	3.83	12.34	39.69	4.59	-0
Total Non-Operating Income (Expense)	-0.59	1.26	8.84	35.75	2.21	-0.88
Pretax Income	-32.16	-24.7	-100.48	-9.87	0.92	3.95
Provision for Income Taxes	-0.04	-	3.12	0.05	0.67	-
Net Income	-32.13	-24.63	-126.63	-7.79	-243.82	33.59
Minority Interest in Earnings	0	-0.07	-0.36	-0.3	-	-
Earnings From Discontinued Operations	-	-	-23.39	1.83	-244.07	29.64
Net Income to Common	-32.13	-24.63	-126.63	-7.79	-243.82	33.59
Net Income Growth	-	-	-	-	-	-28.90%
Shares Outstanding (Basic)	10	1	1	1	0	0
Shares Outstanding (Diluted)	10	1	1	1	0	0
Shares Change (YoY)	633.20%	48.46%	17.88%	900.00%	146.15%	8.33%
EPS (Basic)	-15.00	-21.00	-132.00	-15.00	-	140.00
EPS (Diluted)	-15.00	-21.00	-132.00	-15.00	-	140.00
EPS Growth	-	-	-	-	-	-30.00%
Shares Outstanding	2.32	0.07	0.52	0.47	0.47	0.07
Free Cash Flow	-	-18.62	-61.38	39.67	28.36	45.55
Free Cash Flow Growth	-	-	-	39.89%	-37.74%	-22.49%
Free Cash Flow Per Share	-	-15.96	-78.10	59.51	425.37	1681.72
Gross Margin	-25.45%	-9.30%	7.80%	2.29%	49.60%	58.17%
Operating Margin	-96.10%	-79.15%	-215.12%	-110.32%	-3.75%	18.78%
Profit Margin	-97.79%	-75.31%	-203.87%	-23.99%	0.72%	15.35%
FCF Margin	-	-56.77%	-120.78%	95.93%	82.35%	177.19%
EBITDA	-31.57	-14.22	-98.02	-34.01	3.94	9.69
EBITDA Margin	-96.10%	-43.37%	-192.90%	-82.23%	11.46%	37.71%
EBIT	-31.57	-25.96	-109.32	-45.62	-1.29	4.83
EBIT Margin	-96.10%	-79.15%	-215.12%	-110.32%	-3.75%	18.78%
Effective Tax Rate	0.11%	0.00%	-3.10%	-0.49%	72.95%	0.00%

Updated Oct 16, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q