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MARKETS / NYSE / AMBO
NYSE · SERVICES-EDUCATIONAL SERVICES · SMALL CAP

Ambow Education Holding Ltd. AMBO

17 fiscal years on record · CNY · FY2025 reported · SEC filings only
$9.5M
▲ 0.8% YoY
$1.4M
▲ 339.8% YoY
CNY -463,000
▼ 206.4% YoY
In brief

What this company does

Ambow Education Holding Ltd. is not an operating company but a Cayman Islands holding company with operations primarily conducted by its subsidiaries in the U.S. Our founder, Dr. Jin Huang, laid the foundation for Ambow in 2000. On March 6, 2020, Ambow NSAD Inc. acquired 100% of the members’ interest in NewSchool of Architecture & Design (“NewSchool”). NewSchool is a for-profit institution of higher education based in San Diego, California, with bachelor’s and master’s programs in Architecture, Construction Management, Product Design, Graphic Design & Interactive Media, and Interior Architecture and Design. In 2023, we launched HybriU, marking a significant milestone in the evolution of digital education solutions. As of December 31, 2025, we and our subsidiaries had 41 full-time employees and 119 part-time employees, respectively.

Written from the business description in Ambow Education Holding Ltd.'s annual report to the U.S. Securities and Exchange Commission, filed 13 February 2026. Every sentence was checked against that document before publication.

Growth
USD 9.5M
Revenue, FY2025 · full 17-year series below
Revenue CNY B Net income CNY B
FY2020 · Revenue 0.1 · Net income -0.1
0.8B-0.8B-1.6B200920112013201520172019202120232025
Compound annual growth
−13.9%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
14 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 1.2% · Net 14.4%
-100%-200%200920112013201520172019202120232025
ROE
FY2025 · ROE 18.1%
50%100%-200%-400%-600%200920112013201520172019202120232025

Each CNY of equity produced 18 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow CNY M
FY2025 · FCF -0.5
200M400M-80M-160M200920112013201520172019202120232025

Total assetsUSD 20.8M
EquityUSD 8.2M
CashUSD 831,000.00
Gross debtUSD 3.2M
Net debtUSD 2.4M
Current ratio2.20×

Net debt stands at 29% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · CNY

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue CNY B·····0.10.60.50.40.40.40.40.50.71.61.10.7
Operating income CNY B·····−0.1−0.10.00.0−0.0−0.4−0.8−0.6−1.50.20.20.1
EBITDA CNY B0.0−0.0−0.0−0.0−0.0−0.0−0.10.00.0−0.0−0.3−0.7−0.4−1.30.30.30.2
Income tax CNY B·····−0.00.00.00.00.0−0.10.0−0.00.00.00.00.0
Net income CNY B·····−0.1−0.10.00.0−0.00.1−1.1−0.9−1.60.00.20.1
Free cash flow CNY B−0.00.0·····0.00.0−0.1−0.0−0.2−0.2−0.20.00.30.4
EPS, diluted CNY ·····−1.41−2.301.081.18−0.93·······
Dividend / sh CNY ·················
Payout %·················
ROE %18.14.7···−40.8−46.620.832.7−27.4134.6−619.9−121.5−85.20.88.1·
Shares out B·········0.040.040.030.180.150.14··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 8 failures in 76 reconciliationsAUDITED

Reconciled in 11 of 19 fiscal years. 19 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente8 failures
ActivityServices-Educational Services
Listed onNYSE
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2009

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