Company research
Wah Fu Education Group Ltd
CIK 1716770Updated Sep 26, 2026
SecurityWAFU · NASDAQ · equity
WAFU price & chart
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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 |