China Education Alliance Inc (CEU) financial statements (2022 and earlier)

Company profile

Business Address 58 HENG SHAN RD.
HARBIN, 150090
State of Incorp. NC
Fiscal Year End December 31
SIC 82 - Educational Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments22,69656,37764,173
Cash and cash equivalents22,69656,37764,173
Receivables565  
Prepaid expense366539
Deposits current assets387  
Prepaid expense and other current assets660
Other undisclosed current assets(236)451841
Total current assets:23,77857,36765,674
Noncurrent Assets
Property, plant and equipment6,5568,25211,349
Long-term investments and receivables  50,000
Accounts and financing receivable, after allowance for credit loss  50,000
Intangible assets, net (including goodwill), including:9625,1009,214
Intangible assets, net (excluding goodwill)8273,6775,014
Other undisclosed intangible assets, net (including goodwill)1351,4234,199
Other undisclosed noncurrent assets  (42,065)
Total noncurrent assets:7,51713,35228,498
TOTAL ASSETS:31,29570,71994,172
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4681,077420
Accounts payable339 4
Accrued liabilities14153 
Employee-related liabilities116  
Taxes payable211112180
Other undisclosed accounts payable and accrued liabilities(211)812237
Deferred revenue and credits1,3208541,333
Other liabilities  72
Other undisclosed current liabilities211112108
Total current liabilities:1,9992,0421,933
Noncurrent Liabilities
Total liabilities:1,9992,0421,933
Stockholders' equity
Stockholders' equity attributable to parent30,24767,99090,276
Common stock111111
Treasury stock, value(977)(977)(977)
Additional paid in capital40,94240,94240,941
Accumulated other comprehensive income12,33812,70510,322
Retained earnings (accumulated deficit)(22,067)15,30939,979
Stockholders' equity attributable to noncontrolling interest(950)6871,963
Total stockholders' equity:29,29768,67792,239
TOTAL LIABILITIES AND EQUITY:31,29570,71994,172

Income statement (P&L) ($ in thousands)

12/31/2014
12/31/2013
12/31/2012
Revenues2,7286,71011,725
Cost of revenue
(Cost of Goods and Services Sold)
(7,460)(10,269)(12,940)
Other undisclosed gross profit1,7302,7102,845
Gross profit:(3,002)(849)1,630
Operating expenses(32,892)(22,206)(16,055)
Operating loss:(35,894)(23,056)(14,424)
Nonoperating income (expense)(3,115)(2,578)297
Investment income, nonoperating1472161,867
Loss from continuing operations before income taxes:(39,010)(25,634)(14,128)
Income tax expense  (319)
Net loss:(39,010)(25,634)(14,447)
Other undisclosed net income attributable to parent1,634964384
Net loss available to common stockholders, diluted:(37,376)(24,670)(14,063)

Comprehensive Income ($ in thousands)

12/31/2014
12/31/2013
12/31/2012
Net loss:(39,010)(25,634)(14,447)
Comprehensive loss:(39,010)(25,634)(14,447)
Other undisclosed comprehensive income, net of tax, attributable to parent1,2673,3471,439
Comprehensive loss, net of tax, attributable to parent:(37,743)(22,287)(13,008)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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