Wah Fu Education Group (WAFU)
Delivers cloud education platforms and exam preparation in China.
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Sells cloud-based adult education, exam preparation, and education-technology services in China, primarily through institution-facing platforms that charge by course use. Most revenue comes from online education, while the listed BVI parent consolidates the licensed PRC operating business through VIE contracts.
Provides cloud-delivered adult-education and exam-preparation services in China through the Online Education Cloud Service, Online Training Service, and technology development and operation service segments. Institutional clients receive course production, recorded or live teaching, examination functions, learning-data tracking, and customized web or mobile interfaces; direct students buy online training and test-preparation courses. Technology work also covers platform and course development, consulting, maintenance, and updating for universities, government agencies, publishers, and private clients.
Earns most revenue from institution-facing online-education platforms that charge according to courses taken and relies on direct institutional sales, referrals, conferences, and digital marketing. Operations depend on university and college relationships, China-based internet and education licensing, reliable platforms, qualified teachers, and refreshed content. Shares represent a BVI holding company whose China operating business is consolidated through contractual arrangements with a VIE holding essential licenses and intellectual-property rights.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Mar 31, 2026Cash & short-term investments $9.0M · Total debt $187.9K · Total assets $14.4M · Shareholders' equity $10.0M
- Revenue
- $3.3M
- Operating income
- −$841.9K
- Net income
- −$936.0K
No dividends on record.
| Institutions | 2.91% | 128.2K ADS | |
|---|---|---|---|
| 5 holders · as of Jun 30, 2026 | |||
| Insiders | 65.57% | 2.89M ADS | |
| 2 holders · as of Mar 31, 2026 | |||
| Other | 31.52% | 1.39M ADS | |
| remainder | |||
4.41M ADS as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Jul 2023 annual report; nothing newer is on file here.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Yang YuInsiderdirector, 10 percent owner, officer: Chairman of the BOD | 39.27% | 1.49M ordinary · 244,032 ordinary | filed Mar 31, 2026 |
Xinghui YangInsiderdirector, 10 percent owner, officer: Chief Executive Officer | 26.30% | 1.16M ordinary | filed Mar 31, 2026 |
Two Sigma Investments, LPInstitution | 2.11% | 92,873 ADS | as of Jun 30, 2026 |
Citadel Advisors LLCInstitution | 0.80% | 35,120 ADS | as of Jun 30, 2026 |
UBS Group AGInstitution | 0.01% | 232 ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Wah Fu Education Group | $1.41 | −0.70% | $6.3M | — | — | 1.0 | — |
| Sunlands Technology Group (ADR) | $2.83 | −0.00% | $38.0M | 0.8 | — | 0.1 | −20.6% |
| Gaotu Techedu (ADR) | $2.24 | +1.88% | $798.0M | — | — | 0.8 | −81.1% |
| New Oriental (ADR) | $54.84 | −0.54% | $8.70B | 18.6 | 14.2 | 1.5 | +23.0% |
| NetEase (ADR) | $118.80 | +1.13% | $75.00B | 15.7 | 15.0 | 4.3 | +13.9% |
| Median | 15.7 | 14.6 | 1.2 | −3.3% |






