Lixiang Education Holding (LXEH) Goodwill (2021 - 2023)
Lixiang Education Holding (LXEH) posted quarterly Goodwill of $8.7 million for Q4 2023, down 12.17% year-over-year from $9.9 million in Q4 2022, and down 10.46% quarter-over-quarter from $9.7 million in Q2 2023.
Lixiang Education Holding (LXEH) Goodwill (2021 - 2023) Analysis & Trends
Lixiang Education Holding (LXEH) has reported Goodwill for 3 consecutive years, with $8.7 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Goodwill fell 12.17% year-over-year to $8.7 million; the TTM figure through Dec 2023 stood at $8.7 million (down 12.17% YoY), while the FY2023 annual figure was $8.9 million, down 13.22% from the prior year.
- Goodwill slipped to $8.7 million in Q4 2023 per LXEH's latest filing, from $9.7 million in the prior quarter.
- Across five years, Goodwill topped out at $13.3 million in Q2 2022 and bottomed at $4.2 million in Q4 2021.
- Historically, Goodwill has averaged $9.2 million across 3 years, with a median of $9.7 million in 2023.
- Annual changes were most pronounced in 2022 — Goodwill soared 137.42% — and 2023, when it decreased 27.14%.
- Lixiang Education Holding's Goodwill stood at $4.2 million in 2021, then jumped by 137.42% to $9.9 million in 2022, then fell by 12.17% to $8.7 million in 2023.
- Business Quant data shows LXEH's Goodwill at $8.7 million in Q4 2023, $9.7 million in Q2 2023, and $9.9 million in Q4 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 82.68 Bn | 81.02 Bn | 812.22 Mn |
| 2 | Laureate Education | 5.15 Bn | 4.99 Bn | 237.67 Mn |
| 3 | Graham Holdings | 5.00 Bn | 3.79 Bn | 777.03 Mn |
| 4 | Covista | 4.48 Bn | 4.48 Bn | 284.63 Mn |
| 5 | Youdao | 4.15 Bn | 4.08 Bn | 87.31 Mn |
| 6 | Grand Canyon Education | 3.81 Bn | 3.54 Bn | 204.08 Mn |
| 7 | Stride | 3.47 Bn | 2.51 Bn | 217.28 Mn |
| 8 | McGraw Hill | 2.59 Bn | 2.34 Bn | 388.89 Mn |
| 9 | TAL Education | 2.14 Bn | -1,233.59 Bn | 227.32 Mn |
| 10 | Lixiang Education Holding | 2.07 Mn | 262,718.47 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 8.69 Mn |
| Jun 30, 2023 | 9.70 Mn |
| Dec 31, 2022 | 9.89 Mn |
| Jun 30, 2022 | 13.32 Mn |
| Dec 31, 2021 | 4.17 Mn |