Wah Fu Education Group Limited Net Income

Net Income of WAFU for past 10 years: annual, quarterly and twelve month trailing (TTM) including Net Income growth rates and interactive chart. Net income (NI), also called net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses. It is the profit available to all shareholders, both preferred and common.

Highlights and Quick Summary

  • Net Income for the quarter ending September 29, 2020 was $375 Thousand (a -180.78% decrease compared to previous quarter)
  • Year-over-year quarterly Net Income decreased by -134.35%
  • Annual Net Income for 2020 was $-1.69 Million (a 78.47% increase from previous year)
  • Annual Net Income for 2019 was $-946 Thousand (a -182.67% decrease from previous year)
  • Annual Net Income for 2018 was $1.14 Million (a 99.86% increase from previous year)
  • Twelve month Net Income ending September 29, 2020 was $508 Million
Trailing Net Income for the last four month:
29 Sep '20
$508 Million
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Historical Net Income of Wah Fu Education Group Limited

Most recent Net Incomeof WAFU including historical data for past 10 years.

Interactive Chart of Net Income of Wah Fu Education Group Limited

Wah Fu Education Group Limited Net Income for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $0.37 $-0.46 $-1.69
2019 $-1.23 $-1.09 $-0.95
2018 $0.14 $1.14
2017 $0.57
2016 $2.24

Business Profile of Wah Fu Education Group Limited

Sector: Consumer Defensive
Industry: Education & Training Services
Wah Fu Education Group Limited, through its subsidiaries, provides online exam preparation services and related technology solutions in the People's Republic of China. The company operates in two segments, Online Education Services; and Technological Development and Operation Services. The Online Education Services segment offers online education platforms to institutions, such as universities and training institutions, and online course development service companies. This segment provides self-study examination, continuing education, and non-diploma training platforms that allow students to enroll in courses for college credit; vocational education 1+X and higher vocational enrollment expansion teaching and educational administration platform; Huafu e-school system and paperless examination platform; and online training and examination preparation services directly to students. The Technological Development and Operation Services segment develops and maintains online education platforms and online courses for its clients, including universities and government agencies, as well as private clients, such as publishers; and provides consulting, maintenance, and updating services related to online education programs. Wah Fu Education Group Limited was founded in 1999 and is headquartered in Beijing, the People's Republic of China.