Wah Fu Education Group Ltd (WAFU) - Net Assets
Based on the latest financial reports, Wah Fu Education Group Ltd (WAFU) has net assets worth $11.29 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($14.45 Million) and total liabilities ($3.16 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check WAFU strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.29 Million |
| % of Total Assets | 78.13% |
| Annual Growth Rate | 6.58% |
| 5-Year Change | -6.03% |
| 10-Year Change | 80.52% |
| Growth Volatility | 16.5 |
Wah Fu Education Group Ltd - Net Assets Trend (2016–2026)
This chart illustrates how Wah Fu Education Group Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Wah Fu Education Group Ltd (WAFU) total market value.
Annual Net Assets for Wah Fu Education Group Ltd (2016–2026)
The table below shows the annual net assets of Wah Fu Education Group Ltd from 2016 to 2026. Also explore Wah Fu Education Group Ltd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $11.29 Million | -3.99% |
| 2025-03-31 | $11.75 Million | -3.33% |
| 2024-03-31 | $12.16 Million | -6.68% |
| 2023-03-31 | $13.03 Million | +8.49% |
| 2022-03-31 | $12.01 Million | +11.12% |
| 2021-03-31 | $10.81 Million | +16.23% |
| 2020-03-31 | $9.30 Million | +38.84% |
| 2019-03-31 | $6.70 Million | -18.05% |
| 2018-03-31 | $8.17 Million | +30.73% |
| 2017-03-31 | $6.25 Million | +4.79% |
| 2016-03-31 | $5.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wah Fu Education Group Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 18.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.79 Million | 47.76% |
| Common Stock | $44.11K | 0.44% |
| Other Comprehensive Income | $57.42K | 0.57% |
| Other Components | $5.14 Million | 51.23% |
| Total Equity | $10.03 Million | 100.00% |
Wah Fu Education Group Ltd Competitors by Market Cap
The table below lists competitors of Wah Fu Education Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Archidply Decor Limited
NSE:ADL
|
$4.33 Million |
|
Melkior Resources Inc.
V:MKR
|
$4.33 Million |
|
Binani Industries Limited
NSE:BINANIIND
|
$4.34 Million |
|
Aino Health AB
ST:AINO
|
$4.34 Million |
|
K9 Gold Corp
V:KNC
|
$4.32 Million |
|
BOCANA RESOURCES CORP.
F:VC1
|
$4.32 Million |
|
Aldrich Resources Bhd
KLSE:0079
|
$4.32 Million |
|
LUPAKA GOLD CORP.
F:LQPA
|
$4.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wah Fu Education Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 10,696,753 to 10,032,358, a change of -664,395 (-6.2%).
- Net loss of 1,105,536 reduced equity.
- Other comprehensive income increased equity by 426,261.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.11 Million | -11.02% |
| Other Comprehensive Income | $426.26K | +4.25% |
| Other Changes | $14.88K | +0.15% |
| Total Change | $- | -6.21% |
Book Value vs Market Value Analysis
This analysis compares Wah Fu Education Group Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.65x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.29x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | $1.15 | $1.48 | x |
| 2017-03-31 | $1.18 | $1.48 | x |
| 2018-03-31 | $1.53 | $1.48 | x |
| 2019-03-31 | $1.25 | $1.48 | x |
| 2020-03-31 | $2.11 | $1.48 | x |
| 2021-03-31 | $2.33 | $1.48 | x |
| 2022-03-31 | $2.53 | $1.48 | x |
| 2023-03-31 | $2.64 | $1.48 | x |
| 2024-03-31 | $2.52 | $1.48 | x |
| 2025-03-31 | $2.43 | $1.48 | x |
| 2026-03-31 | $2.27 | $1.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wah Fu Education Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.40%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.44x
- Recent ROE (-11.02%) is below the historical average (3.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 37.48% | 31.79% | 1.04x | 1.13x | $1.64 Million |
| 2017 | 9.31% | 11.07% | 0.71x | 1.19x | $-42.32K |
| 2018 | 14.39% | 19.18% | 0.62x | 1.21x | $349.03K |
| 2019 | -14.59% | -17.66% | 0.63x | 1.31x | $-1.59 Million |
| 2020 | -18.10% | -29.11% | 0.45x | 1.39x | $-2.55 Million |
| 2021 | 10.01% | 11.99% | 0.50x | 1.66x | $612.20 |
| 2022 | 6.62% | 6.48% | 0.64x | 1.60x | $-379.01K |
| 2023 | 7.74% | 8.47% | 0.61x | 1.50x | $-264.24K |
| 2024 | -0.50% | -0.77% | 0.45x | 1.45x | $-1.17 Million |
| 2025 | -4.35% | -7.52% | 0.40x | 1.44x | $-1.53 Million |
| 2026 | -11.02% | -17.40% | 0.44x | 1.44x | $-2.11 Million |
Industry Comparison
This section compares Wah Fu Education Group Ltd's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $986,486,549
- Average return on equity (ROE) among peers: 132.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wah Fu Education Group Ltd (WAFU) | $11.29 Million | 37.48% | 0.28x | $4.33 Million |
| ATA Creativity Global (AACG) | $392.46 Million | -2.48% | 0.32x | $26.37 Million |
| Afya Ltd (AFYA) | $4.89 Billion | 15.09% | 0.91x | $723.38 Million |
| Ambow Education Holding Ltd (AMBO) | $397.72 Million | -228.00% | 3.91x | $6.45 Million |
| American Public Education Inc (APEI) | $294.78 Million | 10.71% | 0.84x | $815.09 Million |
| Adtalem Global Education Inc (ATGE) | $1.30 Million | 1669.23% | 85.46x | $3.40 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $3.12 Billion | 5.15% | 2.46x | $17.48 Million |
| Chegg Inc (CHGG) | $119.62 Million | -86.46% | 1.31x | $82.20 Million |
| China Liberal Education Holdings (CLEU) | $41.96 Million | -2.98% | 0.04x | $336.66K |
| 51Talk Online Education Group (COE) | $6.49 Million | -45.24% | 0.61x | $113.01 Million |
| Coursera Inc (COUR) | $597.42 Million | -13.31% | 0.56x | $1.50 Billion |
About Wah Fu Education Group Ltd
Wah Fu Education Group Limited, through its subsidiaries, provides online exam preparation services and related technology solutions in the People's Republic of China. It operates through two segments Online Education Services and Technological Development and Operation Service. The company offers online education platforms to institutions, such as universities and training institutions, and onli… Read more