Market Closed -
Hong Kong S.E.
04:08:07 2024-05-09 am EDT
|
5-day change
|
1st Jan Change
|
5.08
HKD
|
+2.21%
|
|
+6.95%
|
+3.67%
|
Fiscal Period: August |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
21,489
|
28,952
|
27,717
|
14,352
|
15,750
|
12,029
|
-
|
-
|
Enterprise Value (EV)
1 |
22,259
|
30,702
|
32,724
|
18,450
|
19,179
|
16,616
|
16,569
|
19,310
|
P/E ratio
|
36.5
x
|
43.4
x
|
22.6
x
|
9.73
x
|
11.2
x
|
5.59
x
|
5.03
x
|
4.49
x
|
Yield
|
1.06%
|
1.72%
|
2.68%
|
5.58%
|
4.85%
|
7.84%
|
8.7%
|
9.84%
|
Capitalization / Revenue
|
11
x
|
10.8
x
|
7.53
x
|
3.02
x
|
2.8
x
|
1.85
x
|
1.61
x
|
1.42
x
|
EV / Revenue
|
11.4
x
|
11.5
x
|
8.89
x
|
3.88
x
|
3.42
x
|
2.55
x
|
2.22
x
|
2.28
x
|
EV / EBITDA
|
19.8
x
|
19.9
x
|
15.6
x
|
6.46
x
|
5.71
x
|
4.55
x
|
4.02
x
|
4.35
x
|
EV / FCF
|
40.6
x
|
457
x
|
-105
x
|
23.7
x
|
18.7
x
|
223
x
|
6.81
x
|
6.13
x
|
FCF Yield
|
2.46%
|
0.22%
|
-0.95%
|
4.22%
|
5.36%
|
0.45%
|
14.7%
|
16.3%
|
Price to Book
|
3.26
x
|
3.18
x
|
2.48
x
|
1.07
x
|
0.99
x
|
0.69
x
|
0.63
x
|
0.58
x
|
Nbr of stocks (in thousands)
|
2,020,202
|
2,150,222
|
2,272,952
|
2,387,070
|
2,551,540
|
2,618,313
|
-
|
-
|
Reference price
2 |
10.64
|
13.46
|
12.19
|
6.012
|
6.173
|
4.594
|
4.594
|
4.594
|
Announcement Date
|
11/26/19
|
11/24/20
|
11/24/21
|
11/28/22
|
11/27/23
|
-
|
-
|
-
|
Fiscal Period: August |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,955
|
2,678
|
3,682
|
4,756
|
5,616
|
6,508
|
7,475
|
8,476
|
EBITDA
1 |
1,122
|
1,542
|
2,094
|
2,856
|
3,361
|
3,648
|
4,124
|
4,439
|
EBIT
1 |
796.2
|
1,207
|
1,725
|
2,114
|
2,493
|
2,841
|
3,165
|
3,516
|
Operating Margin
|
40.73%
|
45.07%
|
46.84%
|
44.45%
|
44.39%
|
43.65%
|
42.34%
|
41.48%
|
Earnings before Tax (EBT)
1 |
668.3
|
729.6
|
1,511
|
1,969
|
1,561
|
2,372
|
2,759
|
3,143
|
Net income
1 |
592.6
|
633.2
|
1,444
|
1,845
|
1,380
|
2,047
|
2,291
|
2,576
|
Net margin
|
30.31%
|
23.64%
|
39.21%
|
38.79%
|
24.57%
|
31.45%
|
30.65%
|
30.39%
|
EPS
2 |
0.2916
|
0.3105
|
0.5402
|
0.6177
|
0.5522
|
0.8223
|
0.9143
|
1.024
|
Free Cash Flow
1 |
548
|
67.18
|
-311
|
779
|
1,028
|
74.5
|
2,434
|
3,152
|
FCF margin
|
28.03%
|
2.51%
|
-8.44%
|
16.38%
|
18.3%
|
1.14%
|
32.56%
|
37.19%
|
FCF Conversion (EBITDA)
|
48.85%
|
4.36%
|
-
|
27.28%
|
30.59%
|
2.04%
|
59.01%
|
71%
|
FCF Conversion (Net income)
|
92.48%
|
10.61%
|
-
|
42.22%
|
74.49%
|
3.64%
|
106.24%
|
122.35%
|
Dividend per Share
2 |
0.1123
|
0.2321
|
0.3270
|
0.3357
|
0.2991
|
0.3602
|
0.3997
|
0.4523
|
Announcement Date
|
11/26/19
|
11/24/20
|
11/24/21
|
11/28/22
|
11/27/23
|
-
|
-
|
-
|
Fiscal Period: August |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S2
|
---|
Net sales
1 |
1,315
|
1,363
|
1,823
|
1,859
|
-
|
2,405
|
-
|
2,841
|
3,306
|
EBITDA
1 |
-
|
801.7
|
-
|
-
|
-
|
1,449
|
-
|
1,685
|
1,860
|
EBIT
1 |
-
|
644.3
|
880.9
|
843.8
|
-
|
1,072
|
-
|
1,236
|
1,368
|
Operating Margin
|
-
|
47.28%
|
48.31%
|
45.39%
|
-
|
44.57%
|
-
|
43.51%
|
41.39%
|
Earnings before Tax (EBT)
1 |
-
|
179.7
|
-
|
-
|
-
|
740.8
|
-
|
492
|
1,181
|
Net income
1 |
-
|
135.6
|
-
|
-
|
1,168
|
676.5
|
977
|
403
|
1,078
|
Net margin
|
-
|
9.95%
|
-
|
-
|
-
|
28.13%
|
-
|
14.19%
|
32.61%
|
EPS
|
-
|
-
|
-
|
-
|
0.3321
|
-
|
0.4006
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
4/22/20
|
11/24/20
|
4/27/21
|
11/24/21
|
4/29/22
|
11/28/22
|
4/27/23
|
11/27/23
|
-
|
Fiscal Period: August |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
770
|
1,750
|
5,008
|
4,098
|
3,429
|
4,587
|
4,540
|
7,280
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.6864
x
|
1.135
x
|
2.391
x
|
1.435
x
|
1.02
x
|
1.257
x
|
1.101
x
|
1.64
x
|
Free Cash Flow
1 |
548
|
67.2
|
-311
|
779
|
1,028
|
74.5
|
2,434
|
3,152
|
ROE (net income / shareholders' equity)
|
9.31%
|
13.8%
|
14.8%
|
14.4%
|
9.33%
|
12.6%
|
12.9%
|
13.3%
|
ROA (Net income/ Total Assets)
|
4.92%
|
6.28%
|
6.46%
|
6.12%
|
3.98%
|
6.5%
|
6.91%
|
7.48%
|
Assets
1 |
12,036
|
10,078
|
22,361
|
30,161
|
34,665
|
31,466
|
33,142
|
34,459
|
Book Value Per Share
2 |
3.260
|
4.240
|
4.920
|
5.600
|
6.230
|
6.670
|
7.280
|
7.970
|
Cash Flow per Share
2 |
0.5600
|
0.4500
|
1.050
|
1.100
|
1.540
|
1.380
|
1.620
|
1.750
|
Capex
1 |
593
|
844
|
2,841
|
1,974
|
2,818
|
3,927
|
2,231
|
1,564
|
Capex / Sales
|
30.35%
|
31.51%
|
77.15%
|
41.51%
|
50.18%
|
60.34%
|
29.84%
|
18.45%
|
Announcement Date
|
11/26/19
|
11/24/20
|
11/24/21
|
11/28/22
|
11/27/23
|
-
|
-
|
-
|
Last Close Price
4.594
CNY Average target price
6.647
CNY Spread / Average Target +44.69% Consensus |
1st Jan change
|
Capi.
|
---|
| +3.67% | 1.66B | | +9.56% | 3.39B | | +14.08% | 1.03B | | -28.32% | 921M | | -0.40% | 362M | | -16.42% | 318M | | 0.00% | 221M | | +40.00% | 146M | | +0.41% | 131M | | -15.24% | 113M |
School, College & University (NEC)
|