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Wah Fu Education Group Ltd. (China)

Main Activities: Other Schools and Instruction
Full name: Wah Fu Education Group Ltd. Profile Updated: August 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Chinese Download a sample report

The Company is primarily engaged in providing online education services and technological development and operation services in China.
The Company through its subsidiaries, provides online exam preparation services and related technology solutions in the People s Republic of China.
The Company has determined that it has two operating segments: online education services, and technological development and operation service.
- The online education services provided by the Company to its customers are an integrated service, including audio-video course content, mock examinations and online chat rooms during the subscription service period. Audio-video course content, mock examinations and online chat rooms are not practical to be sold on standalone basis and have never been sold separately. The online education segment consists of two types of online services: Online Education Cloud Service (“B2B2C”) and Online Training Service (“B2C”).
Technological development and operation service including information technology system design and cloud platform development, are recognized when the system or platform are delivered and accepted by the customers. , normally within a year. Upon delivery of services, project completion inspection and customer acceptance notice are required as proof of the completion of performance obligations, which is a confirmation of customer to its ability to direct the use of and obtain substantially all of the benefits from, the design and development service.
HISTORY
2012 The Company was incorporated under the laws of the British Virgin Islands on July 23, 2012. In December 2012, the Company acquired 100 equity interest of Beijing Huaxia Dadi Distance Learning Services Co., Ltd.
2019 The Company s common stock began trading on the NASDAQ Global Market under the symbol “WAFU” on April 30, 2019.

Headquarters
L207B, Hesheng Fortune Plaza, No.13 Deshengmenwai Street, Xicheng District
Beijing; Beijing; Postal Code: 100088

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Website: http://www.edu-edu.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2012
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice President
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Director/Member of the Board
Ownership Details
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34%
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32%
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7%
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Subsidiaries
Beijing Huafu Silu International Learning Technology Co., Ltd.
Beijing Huaxia Dadi Distance Learning Services Co., Ltd.
Beijing Huaxiadadi Digital Information Technology Co., Ltd.
Company Performance
Financial values in the chart are available after Wah Fu Education Group Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-32.45%
Total operating revenue
-32.45%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-7.88%
Total equity
-6.68%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Quick Ratio
0.02%
Cash Ratio
-0.1%

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