Lixiang Education Holding (LXEH) Goodwill (2021 - 2023)

Lixiang Education Holding (LXEH) reported Goodwill of $9.7 million for Q2 2023, down 27.14% year-over-year from $13.3 million in Q2 2022, and down 1.92% quarter-over-quarter from $9.9 million in Q4 2022.

Lixiang Education Holding (LXEH) Goodwill (2021 - 2023) Analysis & Trends

Lixiang Education Holding (LXEH) has 3 years of Goodwill data on file, last reported at $9.7 million in Q2 2023.

  • Goodwill for Q2 2023 came in at $9.7 million, down 27.14% year-over-year; the trailing twelve-month figure through Jun 2023 was $9.7 million (down 27.14% YoY), and the FY2022 annual result was $10.2 million, up 144.02% from the prior year.
  • Goodwill slipped to $9.7 million in Q2 2023 per LXEH's latest filing, from $9.9 million in the prior quarter.
  • Over five years, Goodwill peaked at $13.3 million in Q2 2022 and troughed at $4.2 million in Q4 2021.
  • A 3-year average of $9.3 million and a median of $9.8 million in 2023 frame the typical range for Goodwill.
  • The sharpest annual moves came in 2022 and 2023: Goodwill soared 137.42% in 2022, then decreased 27.14% in 2023.
  • A 3-year view of Goodwill shows it stood at $4.2 million in 2021, then soared by 137.42% to $9.9 million in 2022, then retreated by 1.92% to $9.7 million in 2023.
  • Business Quant data shows LXEH's Goodwill at $9.7 million in Q2 2023, $9.9 million in Q4 2022, and $13.3 million in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn
10 Lixiang Education Holding 401.60 Mn 400.91 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2023 9.70 Mn
Dec 31, 2022 9.89 Mn
Jun 30, 2022 13.32 Mn
Dec 31, 2021 4.17 Mn