# Lixiang Education Holding Co. Ltd.: Form 20-F for the period ended Dec 31, 2023

- Company: [Lixiang Education Holding Co. Ltd.](/companies/lxeh.md) (CIK 1814067)
- Form: 20-F
- Filed: 2024-05-15
- Accepted by EDGAR: May 15, 2024, 16:02 ET
- Period: 2023-12-31
- Accession: 0001213900-24-043569
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1814067/000121390024043569/ea0204443-20f_lixiang.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1814067/000121390024043569/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2023-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2023-01-01 to 2023-12-31 | $7.2m | us-gaap:Revenues |
| Cost of revenue | 12 months, 2023-01-01 to 2023-12-31 | $6.6m | us-gaap:CostOfRevenue |
| Gross profit | 12 months, 2023-01-01 to 2023-12-31 | $558.5k | us-gaap:GrossProfit |
| Operating income | 12 months, 2023-01-01 to 2023-12-31 | −$15.4m | us-gaap:OperatingIncomeLoss |
| Interest expense | 12 months, 2023-01-01 to 2023-12-31 | $511.9k | us-gaap:InterestExpense |
| Income tax | 12 months, 2023-01-01 to 2023-12-31 | $439.4k | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2023-01-01 to 2023-12-31 | −$17.9m | us-gaap:ProfitLoss |
| Diluted shares (weighted) | 12 months, 2023-01-01 to 2023-12-31 | 78,584,808 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2023-01-01 to 2023-12-31 | −$8.3m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2023-01-01 to 2023-12-31 | $306.7k | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | at 2023-12-31 | $32.0m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2023-12-31 | $34.5m | us-gaap:AssetsCurrent |
| Total assets | at 2023-12-31 | $61.1m | us-gaap:Assets |
| Current liabilities | at 2023-12-31 | $14.5m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2023-12-31 | $39.0m | us-gaap:Liabilities |
| Long-term debt | at 2023-12-31 | CNY 75.3m | us-gaap:LongTermDebt |
| Current portion of debt | at 2023-12-31 | $176.1k | us-gaap:LongTermDebtCurrent |
| Short-term borrowings | at 2023-12-31 | $10.4m | us-gaap:ShortTermBorrowings |
| Shareholders' equity | at 2023-12-31 | $22.2m | us-gaap:StockholdersEquity |
| Shares outstanding | at 2023-12-31 | 116,667,000 shares | dei:EntityCommonStockSharesOutstanding |

## Sections

Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. https://www.sec.gov/Archives/edgar/data/1814067/000121390024043569/ea0204443-20f_lixiang.htm

Filed May 15, 2024.
Source: SEC EDGAR, the filing index for accession 0001213900-24-043569. Last ingested by Listed: Nov 5, 2026, 11:06 ET. No prices; not investment advice.