Company Analysis

Lixiang Education Holding Co., Ltd. (LXEH)

Nasdaq: LXEH · Services-Educational Services · Lishui City. Zhejiang Province, CN · filing with the SEC since 2020
Grade2.5
◀ Past 1.8● Present 2.4▶ Future 3.2
2 est.

The grade of Lixiang Education Holding Co., Ltd.

Nine metrics read from its own filings, by tense
Headline grade
2.5/10
◀ Past1.830% of the headline
● Present2.440% of the headline
▶ Future3.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

1.8/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
2.3/10

Has it survived what it has been through?

2 warning events since 2020; the latest 2026-04-30.

weight 33% of this tense · 23rd percentile among 42 sector filers · read for itself

From the record

Lixiang Education Holding Co., Ltd.'s filings since 2020 show 2 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2026-04-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.2/10

What has it actually done, year after year?

-19.6% a year over 8 filed years; profitable in 3 of 8.

weight 45% of this tense · 22nd percentile among 39 sector filers · read for its customers

From the record

Lixiang Education Holding Co., Ltd.'s 8 filed years say what it did: revenue went from CNY 143 million in fiscal 2018 to CNY 31 million in fiscal 2025, down 19.6% a year; it rose in 4 of 7 years; the deepest fall was 91% from fiscal 2018 to fiscal 2019; net income was positive in 3 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-19.6%bottom 12% of its family
  • the share of years revenue rosebottom 27% of its family
  • the share of filed years with a profitbottom 33% of its family
  • the deepest fall from a revenue peak90.6%bottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.4/10

How has it treated the people who own it?

SI estimate 0.4/10, confidence 35 of 100 (one part).

weight 22% of this tense · 4th percentile among 41 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 4% of 41 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 41 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Lixiang Education Holding Co., Ltd.'s shareholder treatment is put at 0.4 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 4% of 41 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.4/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
1.8/10

Is it financially healthy right now?

ROE -80%: lost 80¢ per shareholder dollar. Leverage 52%: owes 52¢ per asset dollar.

weight 33% of this tense · 18th percentile among 42 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Lixiang Education Holding Co., Ltd. lost about 80 cents for every dollar of shareholders' money, and gross profitability: its products earned less than nothing, about minus 4 cents per dollar of everything the company owns. Leverage: it owed about 52 cents per dollar of assets, and net share issuance: its share count grew 1538.6% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 42% of its family
  • return on equitybottom 24% of its family
  • gross profit against assetsbottom 4% of its family
  • the share count against the year beforebottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.5/10

How strong is its position in its industry?

bottom 15% of 41 in its family; net margin -395.4%.

weight 45% of this tense · 15th percentile among 41 sector filers · read for its customers

From the record

Lixiang Education Holding Co., Ltd.'s standing among 41 graded names in its industry family: revenue of CNY 31 million in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of -395.4% ranks in the bottom 6%; revenue growth of -9.3% a year over the last 3 filed years ranks in the bottom 24% (its annual reports).

What it rests on

  • net margin-395.4%bottom 6% of its family
  • three-year revenue growth-9.3%bottom 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.9/10

What are the people in charge doing?

SI estimate 4.9/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 16 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 16 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 16 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Lixiang Education Holding Co., Ltd.'s leadership is put at 4.9 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 16 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

3.2/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
1.1/10

How much room does it have to grow?

bottom 11% of 41 in its family for room to expand.

weight 22% of this tense · 11th percentile among 41 sector filers · read for itself

From the record

Lixiang Education Holding Co., Ltd.'s room to grow, from the newest filed statements (fiscal 2025): cash of CNY 13 million against no long-term debt tagged leaves 4% of its assets as net cash, bottom 25% of its family; cash from operations less capital spending is -1019.8% of revenue (bottom 6%); a gross margin of -38.7% (bottom 1%) (its annual report).

What it rests on

  • cash less debt against assets4.0%bottom 25% of its family
  • cash from operations less capital spending against revenue-1019.8%bottom 6% of its family
  • gross margin-38.7%bottom 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.1/10

What could actually drive growth from here?

bottom 41% of 39 in its family for growth drivers.

weight 45% of this tense · 41st percentile among 39 sector filers · read for its customers

From the record

Lixiang Education Holding Co., Ltd.'s growth drivers, from the filed years to fiscal 2025: revenue grew -9.3% a year over the last three filed years against -19.6% over all 8, speeding up (top 17% of its family); the newest year grew -6% (bottom 24%); capital spending grew -55.1% a year (bottom 15%) (its annual reports). Lixiang Education Holding Co., Ltd. reported 12 product lines in fiscal 2025: Tuition Fees Revenue From Third Parties at CNY 14 million (45%), All Other at CNY 5 million (15%), Accommodation Revenue From Third Parties at CNY 4 million (12%), and 9 more; 3 of 10 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+10.3 points a yeartop 17% of its family
  • the newest year's revenue growth-6.0%bottom 24% of its family
  • three-year growth of capital spending-55.1%bottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.4/10

Did its newest year beat what its own record pointed to?

bottom 34% of 36 in its family for expectations against reality.

weight 33% of this tense · 34th percentile among 36 sector filers · read for its shareholders

From the record

Lixiang Education Holding Co., Ltd.'s newest year against its own record: revenue of CNY 31 million in fiscal 2025 came in 5.5% above the CNY 29 million its prior three years' pace pointed to (top 18% of its family); net income of CNY 122 million against a prior three-year average of CNY 53 million (bottom 13%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 7%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace5.5%top 18% of its family
  • net income against the prior three years' average-130%bottom 13% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton LXEH · research, not advice