Company research
Wah Fu Education & Technology Group Ltd.
CIK 1716770Updated Oct 9, 2026
SecurityWAFU · NASDAQ · equity
Name history
Wah Fu Education Group Ltd · through Jul 30, 2026
WAFU price & chart
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NASDAQ:WAFU on TradingView ↗About the company
Headquartered in Beijing, China, Wah Fu Education Group Limited provides online training and exam preparation services, as well as related training materials and technology solutions for both institutions, such as universities and training institutions, and students. For more information about Wah Fu, please visit www.edu-edu.cn.
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Recent filings
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Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 14,445,829Source | 15,448,258Source | 16,156,423Source | 17,538,192Source |
| Property, Plant and Equipment, NetUSD | 421,577Source | 411,736Source | 485,660Source | 495,255Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | 7,456Source | 54,382Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | — | 12,567,463Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 901,296Source | 717,709Source | 1,039,580Source | 793,212Source |
| Assets, CurrentUSD | 12,721,885Source | 14,228,095Source | 14,672,805Source | 15,995,641Source |
| Operating Lease, Right-of-Use AssetUSD | 177,014Source | 140,556Source | 341,895Source | 391,189Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 3,159,668Source | 3,678,705Source | 3,997,187Source | 4,508,209Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | — | — | 44,106Source | 44,401Source |
| Additional Paid in CapitalUSD | — | — | 5,124,236Source | 5,123,941Source |
| Retained Earnings (Accumulated Deficit)USD | 4,791,719Source | 5,897,255Source | 6,362,554Source | 6,417,842Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -810,113Source | -1,236,374Source | -1,248,648Source | -752,391Source |
| Stockholders' Equity Attributable to ParentUSD | 10,032,358Source | 10,711,633Source | 11,149,778Source | 11,701,323Source |
| Additional Paid in Capital, Common StockUSD | 5,139,116Source | 5,139,116Source | — | — |
| Liabilities and EquityUSD | 14,445,829Source | 15,448,258Source | 16,156,423Source | 17,538,192Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 3,086,687Source | 3,664,166Source | 3,924,212Source | 4,305,038Source |
| Operating Lease, Liability, CurrentUSD | 114,954Source | 117,711Source | 260,283Source | 210,274Source |
| Accounts Payable, CurrentUSD | 147,909Source | 154,256Source | 210,348Source | 233,473Source |
| Operating Lease, Liability, NoncurrentUSD | 72,981Source | 14,539Source | 72,975Source | 203,171Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 1,253,803Source | 1,057,920Source | 1,009,458Source | 1,328,660Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 901,296Source | 717,709Source | 1,039,580Source | 793,212Source |
| Deferred Revenue, CurrentUSD | — | — | — | 2,110,628Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -929,917Source | -372,848Source | -376,860Source | 1,672,443Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 61,257Source | 89,441Source | 124,031Source | 176,243Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 271,014Source | -159,161Source | 733,684Source | -252,307Source |
| Deferred Income Tax Expense (Benefit)USD | 103,970Source | 9Source | 94,498Source | 270,090Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,391,577Source | -965,592Source | -767,310Source | 1,612,500Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -22,632Source | -10,627Source | -231,440Source | 36,876Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 50,794Source | 10,876Source | 95,020Source | 37,237Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -124,897Source | 63,024Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,107,103Source | -914,316Source | -1,521,755Source | 804,018Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 9,024,289Source | 10,131,392Source | 11,045,708Source | 12,567,463Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 432,003Source | -1,121Source | -523,005Source | — |
| Additional Financial Items | ||||
| Deferred Other Tax Expense (Benefit)USD | — | — | 94,498Source | 270,090Source |
| DepreciationUSD | 61,257Source | 82,432Source | — | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | — | — | -938Source |
| Gain (Loss) on InvestmentsUSD | -15,388Source | -7,206Source | — | -43,785Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -774Source | -534Source | 2,195Source | — |
| General and Administrative ExpenseUSD | 1,670,815Source | 2,116,788Source | 2,164,840Source | 2,545,789Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | -12,277Source |
| Income Tax Expense (Benefit)USD | 121,025Source | 100,104Source | 130,890Source | 430,529Source |
| Investment Income, InterestUSD | 78,327Source | 169,636Source | 155,360Source | 139,345Source |
| Net Income (Loss) Attributable to ParentUSD | -1,105,536Source | -465,299Source | -55,288Source | 905,892Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 175,619Source | 92,451Source | -321,572Source | 766,551Source |
| Nonoperating Income (Expense)USD | 46,902Source | 119,718Source | -5,448Source | 91,004Source |
| Operating ExpensesUSD | 2,703,894Source | 2,969,357Source | 3,231,489Source | 3,674,935Source |
| Operating Lease, ExpenseUSD | — | — | — | 234,115Source |
| Other Depreciation and AmortizationUSD | — | — | 174,671Source | 176,243Source |
| Other Nonoperating Income (Expense)USD | -16,037Source | -42,712Source | -160,808Source | -4,556Source |
| Proceeds from Issuance of Common StockUSD | — | 14,880Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 7,223,220Source | — |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 6,354,274Source | 6,186,645Source | 7,223,220Source | 10,692,613Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 1,033,079Source | 852,569Source | — | — |
| Operating Income (Loss)USD | -855,794Source | -392,462Source | -240,522Source | 2,011,968Source |
| Other Nonoperating Income (Expense)USD | -16,037Source | -42,712Source | -160,808Source | -4,556Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -808,892Source | -272,744Source | -245,970Source | 2,102,972Source |
| Income Tax Expense (Benefit)USD | 121,025Source | 100,104Source | 130,890Source | 430,529Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 175,619Source | 92,451Source | -321,572Source | 766,551Source |
| Net Income (Loss) Attributable to ParentUSD | -1,105,536Source | -465,299Source | -55,288Source | 905,892Source |
| Earnings Per Share, BasicUSD per share | -0.25Source | -0.11Source | -0.01Source | 0.2Source |
| Earnings Per Share, DilutedUSD per share | -0.25Source | -0.11Source | -0.01Source | 0.2Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 2,922,559Source | 4,084,422Source | 4,429,195Source | 4,440,085Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 2,922,559Source | 4,084,422Source | 4,429,195Source | 4,440,085Source |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 17,055Source | 100,095Source | 36,392Source | 160,439Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 61,257Source | 89,441Source | — | — |
| Gain (Loss) on InvestmentsUSD | -15,388Source | -7,206Source | — | -43,785Source |
| General and Administrative ExpenseUSD | 1,670,815Source | 2,116,788Source | 2,164,840Source | 2,545,789Source |
| Gross ProfitUSD | 1,848,100Source | 2,576,895Source | 2,990,967Source | 5,686,903Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | -12,277Source |
| Interest Income (Expense), NetUSD | 46,914Source | 48,009Source | 48,357Source | 49,422Source |
| Investment Income, InterestUSD | 78,327Source | 169,636Source | 155,360Source | 139,345Source |
| Nonoperating Income (Expense)USD | 46,902Source | 119,718Source | -5,448Source | 91,004Source |
| Operating ExpensesUSD | 2,703,894Source | 2,969,357Source | 3,231,489Source | 3,674,935Source |
| Operating Lease, ExpenseUSD | — | — | — | 234,115Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 7,223,220Source | — |
| Selling ExpenseUSD | 1,033,079Source | 852,569Source | 1,066,649Source | 1,129,146Source |
Filing attachments
ea030774301ex99-1.htm · 6-K · 2026-10-08
Exhibit 99.1 Wah Fu Announces Corporate Name Change to Wah Fu Education & Technology Group Limited and Nasdaq Ticker “WAFU” Unchanged BEIJING, China, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited (“Wah Fu” or the “Company”) (NASDAQ: WAFU) announced that it has completed its corporate name change and is officially renamed Wah Fu Education & Technology Group Limited. The Company’s securities will continue to trade under the ticker symbol “WAFU” on the Nasdaq Capital Market. Th…
Read attachment ↗ea030774301ex99-2.htm · 6-K · 2026-10-08
Exhibit 99.2 BRITISH VIRGIN ISLANDS THE BVI BUSINESS COMPANIES ACT (AS REVISED) MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION OF WAH FU EDUCATION & TECHNOLOGY GROUP LIMITED 華富教育科技集團有限公司 Amended on 22 nd August, 2016 by a Written Resolution of the Directors dated 17 th June, 2016. Further amended and restated on 16th March, 2018 As further amended and restated on 27 th March 2018 As further amended and restated on 21 st January 2025 As further amended and restated on 2 …
Read attachment ↗ea028297501ex99-1.htm · 6-K · 2026-03-30
Exhibit 99.1 Wah Fu Education Group Ltd. Announces Financial Results for the First Half of Fiscal Year 2026 BEIJING, China, March 26, 2026 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited (“Wah Fu” or the “Company”) (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, today announced its unaudited financial results for the six months ended September 30, 2025. Financi…
Read attachment ↗