XJ international reports revenue growth, significant debt reduction

XJ International Holdings Co., Ltd. announced a 6.12% increase in total revenue, reaching RMB3,960.34 million for the year ended August 31, 2025, up from RMB3,732.07 million in the previous year. Despite this, profit for the year decreased by 36.93% to RMB386.68 million from RMB613.09 million in 2024, primarily due to increased impairment losses on financial and non-financial assets totaling RMB654.63 million.

The company successfully restructured and early redeemed outstanding convertible bonds, repurchasing $78.7 million in principal amount for $47.49 million in cash. Total liabilities decreased to RMB12,415.06 million in 2025 from RMB13,127.02 million in 2024. The net debt to equity ratio improved significantly to -4.9% from 1.5%.

Strategic disposals of several subsidiaries throughout the year generated total considerations of RMB236.5 million, RMB370 million, RMB100 million, and RMB650 million respectively. The group reported 287,808 students enrolled as of October 31, 2025.