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| Date | Value |
|---|---|
| Jun 30, 2023 | 9.70 Mn |
| Dec 31, 2022 | 9.89 Mn |
| Jun 30, 2022 | 13.32 Mn |
| Dec 31, 2021 | 4.17 Mn |