• LAST PRICE
    1.9400
  • TODAY'S CHANGE (%)
    Trending Up0.0500 (2.6455%)
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  • Ask / Lots
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  • Open / Previous Close
    1.9000 / 1.8900
  • Day Range
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    High 1.9400
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    High 4.8800
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    below average

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  • Apr 1, 2024

      Show headlines and story abstract
    • 2:49PM ET on Monday Apr 01, 2024 by GlobeNewswire
      Companies Mentioned: WAFU
    • 2:49PM ET on Monday Apr 01, 2024 by Dow Jones
      Companies Mentioned: WAFU
      Ordinary Shares Paid-in Statutory Retained Comprehensive Shareholders' controlling Total ------------------- Shares Amount Capital Reserves Earnings Income (Loss) Equity Interest Equity ---------- ------- ---------- ----------- ---------- ------------- --------------- ----------- ----------- Balance at March 31, 2023 4,440,085 $44,401 $5,123,941 $ 867,530 $6,417,842 $ (752,391) $ 11,701,323 $ 1,328,660 $13,029,983 Net income (loss) - - - 227,129 - 227,129 (102,575) 124,554 Appropriation of statutory reserve - - - 40,339 (40,339) - - - - Foreign currency translation adjustment - - - - - (735,093) (735,093) 2,352 (732,741) --------- ------ --------- ------- --------- ------------ ----------- ---------- ---------- Balance at September 30, 2023 4,440,085 $44,401 $5,123,941 $ 907,869 $6,604,632 $ (1,487,484) $ 11,193,359 $ 1,228,437 $12,421,796 ========= ====== ========= ======= ========= ============ =========== ========== ========== Balance at March 31, 2022 4,440,085 $44,401 $4,798,793 $ 657,329 $5,722,151 $ (1,190) $ 11,221,484 $ 788,656 $12,010,140 Capital contribution - - - - - - - 42,174 42,174 Net income (loss) - - - - 921,007 - 921,007 193,622 1,114,629 Foreign currency translation adjustment - - - - - (1,027,437) (1,027,437) (16,687) (1,044,124) --------- ------ --------- ------- --------- ------------ ----------- ---------- ---------- Balance at September 30, 2022 4,440,085 $44,401 $4,798,793 $ 657,329 6,643,158 $ (1,028,627) $ 11,115,054 $ 1,007,765 $12,122,819 ========= ====== ========= ======= ========= ============ =========== ========== ========== WAH FU EDUCATION GROUP LIMITED AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS For the six months ended, September 30 ----------------------------- 2023 2022 --------------- ----------- Cash flows from operating activities: Net Income $ 124,554 $ 1,056,489 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation and amortization 37,158 81,492 Non-cash lease expense 122,276 519,099 Loss from disposal of property and equipment - 818 Provision for doubtful accounts 194,014 19,658 Interest income from loan to third parties 1,445 27,558 Deferred tax benefit - (31,120) Changes in operating assets and liabilities: Accounts receivable, net (225,539) (1,056,061) Other receivable, net (33,407) 15,891 Other current assets (112,254) (50,228) Rent deposit - 8,746 Deferred revenue (115,033) (180,174) Taxes payable (12,102) 281,809 Accounts payable (131,131) - Other payable (1,551) 708 Operating lease liabilities 58,915 (518,667) Accrued expenses and other liabilities (7,708) 121,649 ----------- ---------- Net cash provided by (used in) operating activities (100,363) 297,667 ----------- ---------- Cash flows from investing activities: Purchase of property and equipment - (4,205) Payments made for loans to related party - - Payments made for loans to related party - (8,250) Payments made for loans to third parties - (164,607) ----------- ---------- Net cash used in investing activities - (177,062) ----------- ---------- Cash flows from financing activities: Changes in due to related parties - - Capital contribution by shareholders of non-controlling interest - 42,174 ----------- ---------- Net cash provided by financing activities - 42,174 ----------- ---------- Effect of exchange rate fluctuation on cash (1,045,602) (1,098,438) ----------- ---------- Net decrease in cash (1,145,965) (935,659) Cash at beginning of the period 12,567,463 11,763,445 ----------- ---------- Cash at end of the period $ 11,421,498 $10,827,786 =========== ========== Supplemental cash flow information Cash paid for income taxes $ (37,190) $ (6,745) =========== ========== Non-cash financing activities Right of use assets obtained in exchange for operating lease obligations $ 200,115 $ 766,584 =========== ==========
    • 2:49PM ET on Monday Apr 01, 2024 by Dow Jones
      Companies Mentioned: WAFU

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