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学大教育负债率79% 却又有上亿资金去买理财产品 到底是否缺钱?

Core Insights - The financial performance of Xueda Education shows significant growth in revenue and net profit for Q1 2025, with revenue reaching 863.7 million yuan, a year-on-year increase of 22.46%, and net profit attributable to shareholders rising to 73.77 million yuan, up 47.00% [3][4] Financial Overview - As of 2024, Xueda Education reported total assets of 3.828 billion yuan and total liabilities of 3.026 billion yuan, resulting in a high debt-to-asset ratio of 79.05% [4] - The company's debt ratio is among the highest in the A-share listed education companies, only surpassed by *ST Kaiyuan, Angli Education, and Zhonggong Education [4] Management Compensation - The founder and chairman, Jin Xin, experienced significant fluctuations in salary over recent years, with compensation dropping to 406,900 yuan in 2022 but rebounding to 2.567 million yuan in 2024, an increase of 893,000 yuan from the previous year [3] - In 2024, Jin Xin received the highest salary among disclosed executives, surpassing the vice president's compensation by 1.7452 million yuan [3] Investment Activities - Xueda Education has significantly increased its investment in financial products, with the amount rising from 2.5165 million yuan to 106 million yuan by year-end 2024, indicating a healthy cash position and lack of financial distress [4]