Lixiang Education FY26 H1 net loss narrows to RMB 11.4 million; net revenue slips to RMB 15.2 million
LXEH•Liquidity remains tight amid going-concern warning
- Cash totaled RMB 9.4 million at June 30, 2026.
- Management flagged going-concern doubt amid an RMB 84.5 million working-capital deficit.
First-half results improve as cost of revenue falls
- Lixiang Education posted net revenue of RMB 15.2 million for the six months ended June 30, 2026, down 0.85% year over year.
- Net loss narrowed to RMB 11.4 million from RMB 16.1 million a year earlier, helped by lower cost of revenue.
- Gross profit turned to RMB 2.7 million from a gross loss of RMB 5 million, due to cost controls at Langfang School.
- Cost of revenue fell to RMB 12.6 million from RMB 20.4 million, on lower rental and labor costs tied to Langfang lease changes.
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