WAFUNasdaqServices-Educational ServicesFiscal year ends March 31
Wah Fu Education & Technology Group Ltd.
Financials through fiscal 2026, year ended Mar 31, 2026Last filing: 20-F on Jul 30, 2026
$1.50+0.02 (+1.35%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2026
Gross margin
29.1%−24.0 pts over 5 years
Operating margin
-13.5%−26.3 pts over 5 years
Net margin
-17.4%−25.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.7% | -15.9% | -5.7% | – | |
| Gross profit | -28.3% | -31.2% | -16.4% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | 7.1% | -10.7% | |
| Return on assets | – | 4.6% | -7.4% | |
| Current ratio | – | 2.48 | 4.12 | |
| Capex to revenue | 1.5% | 0.9% | 0.8% | |
| Diluted shares | 3M | 4M | 3M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Wah Fu Education & Technology generated $5.81M from operations and spent $228.92K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$5.81M
Used
$228.92K
Capital expenditure$228.92K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-17.4%
×Asset turnover0.43×
×Equity multiplier1.44×
=Return on equity, FY2026-10.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -17.4% | 0.43× | 1.44× | -10.7% |
| FY2025 | -7.5% | 0.39× | 1.45× | -4.3% |
| FY2024 | -0.8% | 0.43× | 1.47× | -0.5% |
| FY2023 | 8.5% | 0.60× | 1.55× | 7.9% |
| FY2022 | 6.5% | 0.66× | 1.63× | 6.9% |
| FY2021 | 8.0% | 0.58× | 1.53× | 7.1% |
| FY2020 | -29.1% | 0.54× | 1.34× | -20.8% |
| FY2019 | -17.7% | 0.59× | 1.22× | -12.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$1.11M
- Cash generatingOperating cash flow above zero-$1.39M
- Return on assets improvedROA up on the prior year-2.9% → -7.2%
- Earnings backed by cashOperating cash flow above net income-$1.39M vs -$1.11M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose3.88 → 4.12
- No dilutionShare count did not rise4M → 3M
- Gross margin improvedGross margin up on the prior year41.65% → 29.08%
- More efficientAsset turnover rose0.38 → 0.41