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china education alliance inc (CEAI) Snapshot

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52 Week High
04/28/14 - $0.39
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12/29/14 - $0.06
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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 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 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 Receives Non-Compliance Notice From OTC Markets Group

On November 18, 2014, China Education Alliance, Inc. received a letter from the OTC Markets Group Inc. (OTC), notifying the Company that the Company’s common stock was subject to removal from the OTCQX U.S. because the bid price for the Company’s common stock had closed below $0.10 for more than 30 consecutive calendar days and no longer met the Standards for Continued Qualification for OTCQX U.S. as per OTCQX Rules for U.S. Companies section 3.2 (b). The OTC informed the Company that pursuant to OTCQX Rules, the Company had been granted 180 calendar days in which to regain compliance with the said section 3.2 (b). The grace period to regain compliance expires May 17, 2015.

China Education Alliance, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2014

China Education Alliance, Inc. reported earnings results for the third quarter ended September 30, 2014. Revenue decreased by $0.56 million, or 34% to $1.1 million for the quarter ended September 30, 2014 from $1.6 million during the same period in 2013. The decline in revenue for the quarter ended September 30, 2014 was a result of decline in revenue across all of business. Net loss for the third quarter of 2014 was $14.4 million compared to net loss of $7.8 million for the third quarter of 2013. Basic and diluted loss per share was $1.36 for the third quarter of 2014 compared to loss per share of $0.74 for the third quarter of 2013.

China Education Alliance, Inc. announced delayed 10-Q filing

On 11/14/2014, China Education Alliance, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.


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CEAI Competitors

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CIBT Education Group Inc C$0.30 CAD 0.00
New Oriental Education & Technology Group Inc $20.13 USD +0.45
TAL Education Group $30.84 USD +0.21
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