Last $0.19 USD
Change Today 0.00 / 0.00%
Volume 0.0
CEAI On Other Exchanges
Symbol
Exchange
OTC US
Berlin
As of 8:10 PM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

china education alliance inc (CEAI) Snapshot

Open
$0.17
Previous Close
$0.19
Day High
$0.19
Day Low
$0.17
52 Week High
10/21/13 - $0.64
52 Week Low
08/4/14 - $0.12
Market Cap
2.0M
Average Volume 10 Days
4.1K
EPS TTM
$-2.69
Shares Outstanding
10.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINA EDUCATION ALLIANCE INC (CEAI)

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china education alliance inc (CEAI) Details

China Education Alliance, Inc., an education service company, provides on-line education and on-site training services in the People’s Republic of China. The company is involved in the distribution of educational resources through the Internet. Its edu-chn.com Website, an education network platform based on network video technology and large data sources of education resources, offers a database under the Famous Instructor Test Paper Store name that comprises approximately 500,000 exam and test papers, and courseware for college, and secondary and elementary schools, as well as video on demand services, which include tutoring of exam papers and exam techniques. The company also provides on-site teaching and training services under the name of Classroom of Famed Instructors that primarily cover the education curriculum of junior, middle, and high schools. In addition, it offers vocational and language training services; and an on-line vocational training service through 360ve.com Website, which is an Internet platform for training agencies and schools to offer their services. Further, the company owns and operates two foreign language schools. China Education Alliance, Inc. was founded in 2004 and is based in Harbin, the People’s Republic of China.

914 Employees
Last Reported Date: 03/31/14
Founded in 2004

china education alliance inc (CEAI) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $34.9K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $120.0K
Compensation as of Fiscal Year 2013.

china education alliance inc (CEAI) Key Developments

China Education Alliance, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

China Education Alliance, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company announced total revenue of $589,538 compared to $1,910,647 for the same period a year ago. Loss from operations was $7,571,702 compared to $3,938,064 for the same period a year ago. Net loss before provision for income tax was $7,530,160 compared to $3,887,839 for the same period a year ago. Net loss attributable to the company and subsidiaries was $7,391,772 compared to $3,739,848 for the same period a year ago. Basic and diluted loss per share was $0.70 compared to $0.35 for the same period a year ago. The decline in revenue for the quarter ended June 30, 2014 was a result of decline in revenue across all of business. For the six months, the company announced total revenue of $1,314,232 compared to $4,353,179 for the same period a year ago. Loss from operations was $13,684,893 compared to $7,124,533 for the same period a year ago. Net loss before provision for income tax was $13,575,162 compared to $7,633,110 for the same period a year ago. Net loss attributable to the company and subsidiaries was $13,368,837 compared to $7,442,867 for the same period a year ago. Basic and diluted loss per share was $1.26 compared to $0.70 for the same period a year ago. Net cash used in operating activities was $12,191,414 against $4,286,080 a year ago. Purchases of property and equipment was $1,205,116 against $35,235,000 a year ago.

China Education Alliance, Inc., Q1 2014 Earnings Call, May 16, 2014

China Education Alliance, Inc., Q1 2014 Earnings Call, May 16, 2014

China Education Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

China Education announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. Revenue decreased by $1.7 million or 70% to $0.7 million for the quarter ended March 31, 2014 from $2.4 million during the same period in 2013. The decline in revenue was primarily a result of a decline in revenue across all of business. Net loss attributable to CEAI and subsidiaries for the first quarter of 2014 was $6 million compared to net loss of $3.7 million for the first quarter of 2013. Basic and diluted loss per share was $0.56 for the first quarter of 2014 compared to loss per share of $0.35 for the first quarter of 2013. Loss from operations was $6.1 million against $3.2 million of prior year period. Net loss before provision for income tax was $6 million against $3.7 million of prior year period. Net cash used in operating activities was $4.9 million against $0.9 million of prior year period. Purchases of property and equipment amounted to $3,527 against $11,520 of prior year period.

 

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CIBT Education Group Inc C$0.30 CAD 0.00
New Oriental Education & Technology Group Inc $22.81 USD -0.11
TAL Education Group $34.20 USD +0.19
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