China Chunlai Education Group (HKG:1969) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥1.63b (up 8.9% from FY 2023).
- Net income: CN¥778.2m (up 14% from FY 2023).
- Profit margin: 48% (up from 46% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.65 (up from CN¥0.57 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Chunlai Education Group Earnings Insights
In the last 12 months, the only revenue segment was Operation of Private Higher Education Institutions contributing CN¥1.63b. The largest operating expense was General & Administrative costs, amounting to CN¥190.0m (107% of total expenses). Explore how 1969's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Consumer Services industry in Hong Kong.
Performance of the Hong Kong Consumer Services industry.
The company's shares are up 2.3% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for China Chunlai Education Group that you should be aware of before investing here.
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