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Skillful Craftsman Education Technology Limited (EDTK) 10-Year Financial Performance & Capital Metrics

EDTK • • Industrial / General
Consumer DefensiveEducation & TrainingVocational & Technical EducationVocational Skills Training
AboutSkillful Craftsman Education Technology Limited provides vocational online education and technology services to college students and graduates in the People's Republic of China. The company's education services cover a range of subjects, including vocational, continuing, basic, and higher education. It operates three education platforms, including the Lifelong Education Public Service Platform that offers approximately 200 courses; Vocational Training platform, which provides 642 courses covering mechanics, electronics, auto repair, and construction subjects; and Virtual Simulation Experimental Training platform that offers 12 experimental programs. The company also offers technology services, including software development and maintenance, hardware installation, and testing and related consulting and training services; and cloud services for private companies, academic institutions, and government agencies. In addition, it provides financial education services through financial investment educational platform, which offers global securities market, basic securities knowledge, fundamental analysis, and technical analysis courses; and flexible employment service by providing recruitment outsourcing services for employer's permanent staff hires. The company was founded in 2013 and is headquartered in Wuxi, the People's Republic of China.Show more
  • Revenue $894K -55.3%
  • EBITDA -$924K +47.5%
  • Net Income -$3M +36.9%
  • EPS (Diluted) -0.19 +38.7%
  • Gross Margin 78.23% +823.2%
  • EBITDA Margin -103.38% -17.5%
  • Operating Margin -116.37% -15.3%
  • Net Margin -333.34% -41.1%
  • ROE -16.91% +13.3%
  • ROIC -5.17% +37.1%
  • Debt/Equity 0.05 -91.7%
  • Interest Coverage -86.67 -3313.5%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Trading at only 1.1x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Sales declining 50.0% over 5 years
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-50%
3Y-66.15%
TTM-86.09%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-384.58%

EPS CAGR

10Y-
5Y-
3Y-
TTM-329.9%

ROCE

10Y Avg19.27%
5Y Avg-4.86%
3Y Avg-15.89%
Latest-4.29%

Peer Comparison

Vocational Skills Training
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
FCHLFitness Champs Holdings Limited Common Stock4.61M0.2726.83-9.33%4.08%217.72%108.40
LFSLEIFRAS Co., Ltd. American Depositary Shares97.84M3.740.2411.02%4.05%50.34%100%1.67
YOULYoulife Group Inc. American Depositary Shares81.76M1.26-1.6816.09%-3.3%6.14%
EDTKSkillful Craftsman Education Technology Limited15.32M0.96-5.06-55.29%-416.15%-133.28%0.05
BTCTBTC Digital Ltd.15.13M1.59-107.4328.68%-73.89%-13.42%0.02

Profit & Loss

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Sales/Revenue+14.91M24.67M28.6M29.17M23.05M11.32M2M893.69K
Revenue Growth %-0.65%0.16%0.02%-0.21%-0.51%-0.82%-0.55%
Cost of Goods Sold+4.72M9.48M11.8M14.71M17.71M27.42M1.83M194.58K
COGS % of Revenue0.32%0.38%0.41%0.5%0.77%2.42%0.92%0.22%
Gross Profit+10.2M15.19M16.8M14.46M5.34M-16.1M169.39K699.11K
Gross Margin %0.68%0.62%0.59%0.5%0.23%-1.42%0.08%0.78%
Gross Profit Growth %-0.49%0.11%-0.14%-0.63%-4.01%1.01%3.13%
Operating Expenses+2.26M3.71M3.56M5.46M5.91M4M2.19M1.74M
OpEx % of Revenue0.15%0.15%0.12%0.19%0.26%0.35%1.09%1.95%
Selling, General & Admin2.23M3.71M3.54M5.46M5.91M4M1.97M1.72M
SG&A % of Revenue0.15%0.15%0.12%0.19%0.26%0.35%0.99%1.93%
Research & Development800K1.3M000000
R&D % of Revenue0.05%0.05%------
Other Operating Expenses-11403.5K-8.55K-10.22K-11.93K017.64K
Operating Income+7.94M11.48M13.24M8.99M-561.39K-20.1M-2.02M-1.04M
Operating Margin %0.53%0.47%0.46%0.31%-0.02%-1.78%-1.01%-1.16%
Operating Income Growth %-0.45%0.15%-0.32%-1.06%-34.81%0.9%0.48%
EBITDA+12.32M18.73M22.24M19.34M11.4M-10.1M-1.76M-923.88K
EBITDA Margin %0.83%0.76%0.78%0.66%0.49%-0.89%-0.88%-1.03%
EBITDA Growth %-0.52%0.19%-0.13%-0.41%-1.89%0.83%0.47%
D&A (Non-Cash Add-back)4.38M7.25M8.99M10.34M11.96M10.01M258K116.11K
EBIT8.01M11.48M13.31M6.98M-574.63K-19.66M-3.96M-2.91M
Net Interest Income+76.32K88.59K73.74K58.95K-150.79K-748.31K-721.8K-8.69K
Interest Income76.32K88.59K73.74K58.95K66.25K70.91K72.56K3.31K
Interest Expense0000217.04K819.22K794.35K12K
Other Income/Expense76.21K88.39K70.28K-2.02M-230.28K-383.19K-2.73M-1.89M
Pretax Income+8.01M11.57M13.31M6.98M-791.67K-20.48M-4.75M-2.93M
Pretax Margin %0.54%0.47%0.47%0.24%-0.03%-1.81%-2.38%-3.27%
Income Tax+2M2.89M3.34M3.48M608.62K422.91K-27.27K53.05K
Effective Tax Rate %0.75%0.75%0.75%0.5%1.77%1.02%0.99%1.02%
Net Income+6.01M8.68M9.98M3.5M-1.4M-20.91M-4.72M-2.98M
Net Margin %0.4%0.35%0.35%0.12%-0.06%-1.85%-2.36%-3.33%
Net Income Growth %-0.44%0.15%-0.65%-1.4%-13.93%0.77%0.37%
Net Income (Continuing)6.01M8.68M9.98M3.5M-1.4M-20.91M-4.72M-2.98M
Discontinued Operations00000000
Minority Interest00000000
EPS (Diluted)+0.480.701.110.32-0.10-1.40-0.31-0.19
EPS Growth %-0.46%0.59%-0.71%-1.31%-13%0.78%0.39%
EPS (Basic)0.480.701.110.32-0.10-1.40-0.31-0.19
Diluted Shares Outstanding12.45M12.45M9M11.03M13.69M14.9M15.44M15.82M
Basic Shares Outstanding12.45M12.45M9M11.03M13.69M14.9M15.44M15.82M
Dividend Payout Ratio--------

Balance Sheet

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Current Assets+5.07M11.72M13.97M25.04M27.52M24.53M18.87M1.4M
Cash & Short-Term Investments4.9M10.36M11.93M17.45M23.83M21M17.83M1.22M
Cash Only4.9M10.36M11.93M17.45M23.83M21M17.83M1.22M
Short-Term Investments00000000
Accounts Receivable171.75K451.13K78.78K5.8M285.27K492.92K41.09K124.67K
Days Sales Outstanding4.26.671.0172.544.5215.897.550.92
Inventory001.96M00000
Days Inventory Outstanding0-60.68-----
Other Current Assets01.84K1.75K00000
Total Non-Current Assets+24.98M31.82M31.72M34.17M45.57M19.11M17.45M13.86M
Property, Plant & Equipment1.06M14.02M12.32M13.73M10.7M254.11K54.43K135.74K
Fixed Asset Turnover14.03x1.76x2.32x2.13x2.15x44.56x36.73x6.58x
Goodwill00004.58M4.31M00
Intangible Assets23.92M17.8M19.29M20.42M19.91M4.56M00
Long-Term Investments000014.96M14.3M17.39M13.16M
Other Non-Current Assets-24.98M-31.82M97.03K28.41K-45.57M-19.11M0566.85K
Total Assets+30.05M43.54M45.69M59.21M73.09M43.64M36.32M15.26M
Asset Turnover0.50x0.57x0.63x0.49x0.32x0.26x0.06x0.06x
Asset Growth %-0.45%0.05%0.3%0.23%-0.4%-0.17%-0.58%
Total Current Liabilities+18.98M15.85M17.76M13.33M8.02M3M1.57M1.51M
Accounts Payable6.04M10.03K249.09K113.71K77.27K21.89K00
Days Payables Outstanding467.860.397.712.821.590.29--
Short-Term Debt1.59M000000600K
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K111.63K0
Other Current Liabilities782.32K03.1K1.3M594.18K268.96K1.18M0
Current Ratio0.27x0.74x0.79x1.88x3.43x8.17x11.99x0.92x
Quick Ratio0.27x0.74x0.68x1.88x3.43x8.17x11.99x0.92x
Cash Conversion Cycle-463.66-53.98-----
Total Non-Current Liabilities+08.67M50.88K312.89K14.81M13.68M13.25M0
Long-Term Debt000014.81M13.68M13.25M0
Capital Lease Obligations00000000
Deferred Tax Liabilities000014.81M13.68M00
Other Non-Current Liabilities00000000
Total Liabilities18.98M24.52M17.81M13.64M22.83M16.69M14.82M1.51M
Total Debt+1.59M00014.81M13.91M13.25M700.62K
Net Debt-3.31M-10.36M-11.93M-17.45M-9.02M-7.09M-4.58M-517.35K
Debt / Equity0.14x---0.29x0.52x0.62x0.05x
Debt / EBITDA0.13x---1.30x---
Net Debt / EBITDA-0.27x-0.55x-0.54x-0.90x-0.79x---
Interest Coverage-----2.59x-24.54x-2.54x-86.67x
Total Equity+11.08M19.02M27.88M45.57M50.26M26.95M21.5M13.75M
Equity Growth %-0.72%0.47%0.63%0.1%-0.46%-0.2%-0.36%
Book Value per Share0.891.533.104.133.671.811.390.87
Total Shareholders' Equity11.08M19.02M27.88M45.57M50.26M26.95M21.5M13.75M
Common Stock1.8K1.8K1.8K2.4K2.98K2.98K3.09K3.19K
Retained Earnings8.27M16.95M26.92M30.42M29.02M8.11M3.39M-4.23M
Treasury Stock00000000
Accumulated OCI1.19M451.51K-660.7K1.73M3.19M-216.04K-949.58K102.85K
Minority Interest00000000

Cash Flow

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operations+16.95M20.29M11.48M10.75M4.83M-2.56M-2.66M-4.01M
Operating CF Margin %1.14%0.82%0.4%0.37%0.21%-0.23%-1.33%-4.49%
Operating CF Growth %-0.2%-0.43%-0.06%-0.55%-1.53%-0.04%-0.51%
Net Income6.01M8.68M9.98M3.5M-1.4M-20.91M-4.72M-2.98M
Depreciation & Amortization4.38M7.25M8.99M10.34M11.96M10.01M258K116.11K
Stock-Based Compensation0000000436.8K
Deferred Taxes000038.74K000
Other Non-Cash Items4.88M20.81M-7.86M2.44M24.56M13.38M2.81M-1.35M
Working Capital Changes6.56M4.36M372.35K-5.52M-6.2M-5.04M-1M-236.23K
Change in Receivables-131.16K-279.38K372.35K-155.2K-168.24K-205.89K288.26K-660.54K
Change in Inventory-2.28M-4.64M7.87M00000
Change in Payables4.02M-6.03M239.06K-135.38K-36.44K-55.37K-21.89K0
Cash from Investing+-15.07M-15.75M-10.4M-20.86M-13.6M-300.63K4.79K0
Capital Expenditures-15.07M-15.75M-1.67M-12.86M-2.36M000
CapEx % of Revenue1.01%0.64%0.06%0.44%0.1%---
Acquisitions--------
Investments--------
Other Investing-15.07M-1.78M-8.73M-15.77M-13.13M-300.63K4.79K0
Cash from Financing+00013.24M14.81M1M0600K
Debt Issued (Net)--------
Equity Issued (Net)--------
Dividends Paid00000000
Share Repurchases--------
Other Financing00000000
Net Change in Cash--------
Free Cash Flow+1.88M4.55M9.81M-2.11M2.47M-2.56M-2.66M-4.01M
FCF Margin %0.13%0.18%0.34%-0.07%0.11%-0.23%-1.33%-4.49%
FCF Growth %-1.42%1.16%-1.22%2.17%-2.04%-0.04%-0.51%
FCF per Share0.150.371.09-0.190.18-0.17-0.17-0.25
FCF Conversion (FCF/Net Income)2.82x2.34x1.15x3.07x-3.45x0.12x0.56x1.35x
Interest Paid11419542200000
Taxes Paid1.66M3.26M3.06M3.61M1.23M0023.72K

Key Ratios

Metric20182019202020212022202320242025
Return on Equity (ROE)54.25%57.65%42.54%9.53%-2.92%-54.15%-19.49%-16.91%
Return on Invested Capital (ROIC)76.59%104.8%80.73%30.62%-1.21%-49.35%-8.23%-5.17%
Gross Margin68.38%61.57%58.75%49.56%23.18%-142.18%8.47%78.23%
Net Margin40.31%35.17%34.88%11.99%-6.07%-184.63%-236.22%-333.34%
Debt / Equity0.14x---0.29x0.52x0.62x0.05x
Interest Coverage-----2.59x-24.54x-2.54x-86.67x
FCF Conversion2.82x2.34x1.15x3.07x-3.45x0.12x0.56x1.35x
Revenue Growth-65.45%15.94%1.98%-20.97%-50.87%-82.35%-55.29%

Revenue by Segment

202020212022202320242025
Online VIP Membership Revenue---8.03M-117.07K
Online VIP Membership Revenue Growth------
Online SVIP Membership Revenue---2.16M379.65K4.29K
Online SVIP Membership Revenue Growth-----82.40%-98.87%
Technical Service Revenue190.36K--1.14M23.2K-
Technical Service Revenue Growth-----97.96%-
Online VIP membership revenue--17.99M---
Online VIP membership revenue Growth------
Online SVIP membership revenue--4.3M---
Online SVIP membership revenue Growth------
Technology services revenue--766.68K---
Technology services revenue Growth------
Online Vip Membership Revenue22.32M23.99M----
Online Vip Membership Revenue Growth-7.49%----
Online Svip Membership Revenue6.09M4.97M----
Online Svip Membership Revenue Growth--18.49%----
Technology Services Revenue-213.28K----
Technology Services Revenue Growth------

Frequently Asked Questions

Growth & Financials

Skillful Craftsman Education Technology Limited (EDTK) reported $6.1M in revenue for fiscal year 2025. This represents a 59% decrease from $14.9M in 2018.

Skillful Craftsman Education Technology Limited (EDTK) saw revenue decline by 55.3% over the past year.

Skillful Craftsman Education Technology Limited (EDTK) reported a net loss of $25.6M for fiscal year 2025.

Dividend & Returns

Skillful Craftsman Education Technology Limited (EDTK) has a return on equity (ROE) of -16.9%. Negative ROE indicates the company is unprofitable.

Skillful Craftsman Education Technology Limited (EDTK) had negative free cash flow of $6.4M in fiscal year 2025, likely due to heavy capital investments.

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