Lixiang Education Holding Co., Ltd. (LXEH)

Lixiang Education Holding Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	220.72	227.04	246.27	199.41	203.56
Cash & Short-Term Investments	220.72	227.04	246.27	199.41	203.56
Cash Growth	-2.78%	-7.81%	23.50%	-2.04%	355.10%
Accounts Receivable	0.16	0.01	0	-	5.2
Other Receivables	10.77	11.64	25.52	0.19	3.68
Receivables	10.92	11.65	25.53	0.19	8.88
Inventory	-	0.89	1.16	0.23	1.58
Prepaid Expenses	1.04	1.96	0.46	0.96	0.03
Other Current Assets	3.58	3.35	56.14	100.32	265.8
Total Current Assets	236.27	244.88	329.55	301.11	479.86
Property, Plant & Equipment	199.16	154.02	167.69	165.06	163.97
Goodwill	-	-	70.37	26.64	-
Other Intangible Assets	34.09	35.07	36.04	37.02	37.73
Long-Term Deferred Tax Assets	-	-	2.9	2.89	-
Other Long-Term Assets	1.1	-	2.37	-	41.48
Total Assets	470.62	433.97	608.93	532.73	723.04
Accounts Payable	0.39	1.5	2.53	6	6.16
Accrued Expenses	4.1	4.23	4.88	3.44	2.56
Short-Term Debt	86.68	74	62.33	81.5	24.9
Current Portion of Long-Term Debt	-	1.25	2.5	-	-
Current Portion of Leases	9.21	2.47	3.87	-	-
Current Income Taxes Payable	0.21	0.22	0.06	-	-
Current Unearned Revenue	7.41	14.51	10.02	1.71	12.04
Other Current Liabilities	4.72	5	47.91	321.01	309.5
Total Current Liabilities	112.72	103.19	134.09	413.66	355.16
Long-Term Debt	-	-	1.25	-	-
Long-Term Leases	38.35	-	3.56	-	-
Other Long-Term Liabilities	174.05	173.68	216.53	-	0.41
Total Liabilities	325.12	276.87	355.44	413.66	355.57
Common Stock	0.08	0.08	0.05	0.05	0.05
Additional Paid-In Capital	343.1	333.55	305.46	181.85	181.85
Retained Earnings	-209.34	-184.71	-58.08	-50.29	193.53
Comprehensive Income & Other	12.29	8.49	5.51	-12.54	-7.96
Total Common Equity	146.14	157.41	252.94	119.06	367.47
Minority Interest	-0.64	-0.31	0.55	-	-
Shareholders' Equity	145.5	157.1	253.49	119.06	367.47
Total Liabilities & Equity	470.62	433.97	608.93	532.73	723.04
Total Debt	134.24	77.72	73.5	81.5	24.9
Net Cash (Debt)	86.48	149.32	172.77	117.91	178.66
Net Cash Growth	-42.08%	-13.57%	46.52%	-34.00%	-
Net Cash Per Share	74.13	190.01	259.15	176.87	329.84
Filing Date Shares Outstanding	19.17	1.17	0.67	0.67	0.67
Total Common Shares Outstanding	1.17	1.17	0.67	0.67	0.67
Working Capital	123.55	141.69	195.46	-112.56	124.7
Book Value Per Share	125.26	134.92	379.41	178.59	551.20
Tangible Book Value	112.05	122.34	146.53	55.4	329.74
Tangible Book Value Per Share	96.04	104.86	219.80	83.09	494.60
Buildings	184.81	184.81	184.81	184.81	184.81
Machinery	4.22	3.92	6.48	5.49	5.15
Leasehold Improvements	3.12	3.47	6.64	6.34	1.35

Updated Sep 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q