View Past PerformanceOffcn Education Technology バランスシートの健全性財務の健全性 基準チェック /16Offcn Education Technologyの総株主資本はCN¥804.4M 、総負債はCN¥1.5Bで、負債比率は189.2%となります。総資産と総負債はそれぞれCN¥5.7BとCN¥4.9Bです。 Offcn Education Technologyの EBIT はCN¥338.4Mで、利息カバレッジ比率2.6です。現金および短期投資はCN¥111.8Mです。主要情報189.16%負債資本比率CN¥1.52b負債インタレスト・カバレッジ・レシオ2.6x現金CN¥111.81mエクイティCN¥804.45m負債合計CN¥4.89b総資産CN¥5.70b財務の健全性に関する最新情報分析記事 • Dec 24Is Offcn Education Technology (SZSE:002607) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • May 01Here's Why Offcn Education Technology (SZSE:002607) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...すべての更新を表示Recent updatesNew Risk • May 05New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin).New Risk • Apr 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.5% Last year net profit margin: 5.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (175% net debt to equity). Profit margins are more than 30% lower than last year (2.5% net profit margin).Reported Earnings • Apr 29First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: CN¥0.01. Revenue: CN¥599.8m (up 4.3% from 1Q 2025). Net income: CN¥47.3m (up 18% from 1Q 2025). Profit margin: 7.9% (up from 7.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Apr 29Offcn Education Technology Co., Ltd., Annual General Meeting, May 20, 2026Offcn Education Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: Tower B, No. 23, Xueqing Road, Haidian District, Beijing Chinaお知らせ • Mar 31Offcn Education Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Offcn Education Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026New Risk • Feb 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change).Major Estimate Revision • Feb 05Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥0.025 to CN¥0.02 per share. Revenue forecast steady at CN¥2.15b. Net income forecast to grow 212% next year vs 21% growth forecast for Consumer Services industry in China. Consensus price target up from CN¥2.03 to CN¥2.10. Share price fell 3.1% to CN¥2.83 over the past week.Buy Or Sell Opportunity • Jan 16Now 23% undervaluedOver the last 90 days, the stock has risen 9.6% to CN¥2.98. The fair value is estimated to be CN¥3.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 408% in the next 2 years.お知らせ • Dec 31Offcn Education Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Offcn Education Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026Major Estimate Revision • Nov 15Consensus EPS estimates fall by 61%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.23b to CN¥2.16b. EPS estimate also fell from CN¥0.064 per share to CN¥0.025 per share. Net income forecast to grow 226% next year vs 29% growth forecast for Consumer Services industry in China. Consensus price target down from CN¥2.13 to CN¥2.03. Share price rose 2.2% to CN¥2.75 over the past week.Major Estimate Revision • Nov 07Consensus revenue estimates decrease by 17%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥2.70b to CN¥2.23b. EPS estimate unchanged from CN¥0.098 per share at last update. Consumer Services industry in China expected to see average net income growth of 29% next year. Consensus price target broadly unchanged at CN¥2.13. Share price was steady at CN¥2.69 over the past week.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.002 (vs CN¥0.01 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.002 (down from CN¥0.01 in 3Q 2024). Revenue: CN¥502.1m (down 23% from 3Q 2024). Net income: CN¥30.2m (down 42% from 3Q 2024). Profit margin: 6.0% (down from 8.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Sep 30Offcn Education Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Offcn Education Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025Major Estimate Revision • Sep 12Consensus EPS estimates increase by 24%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥2.88b to CN¥2.70b. EPS estimate rose from CN¥0.079 to CN¥0.098. Net income forecast to grow 362% next year vs 22% growth forecast for Consumer Services industry in China. Consensus price target up from CN¥2.10 to CN¥2.15. Share price was steady at CN¥2.97 over the past week.お知らせ • Jul 02Offcn Education Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Offcn Education Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • Jun 02Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 25, 2025Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 25, 2025, at 14:00 China Standard Time. Location: Tower B, No. 23, Xueqing Road, Haidian District, Beijing ChinaMajor Estimate Revision • May 09Consensus EPS estimates increase by 32%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from CN¥0.06 to CN¥0.079. Revenue forecast steady at CN¥2.88b. Net income forecast to grow 276% next year vs 21% growth forecast for Consumer Services industry in China. Consensus price target down from CN¥2.15 to CN¥2.10. Share price was steady at CN¥3.07 over the past week.New Risk • Apr 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 27First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: CN¥575.0m (down 25% from 1Q 2024). Net income: CN¥40.0m (down 52% from 1Q 2024). Profit margin: 7.0% (down from 11% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.お知らせ • Mar 31Offcn Education Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Offcn Education Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025お知らせ • Feb 18Offcn Education Technology Co., Ltd. Approves Board and Supervisor ElectionsOffcn Education Technology Co., Ltd. at its Extraordinary General Meeting held on 14 February 2025 approved the election of He Youli, Sun Wei and Jin Hua as non-independent director. The company approved the election of Jiang Ronghai as independent director. The company approved the election of Zhang Hongjun and Liu Weiwei as non-employee supervisor.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. Independent Director Tao Jiang was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.分析記事 • Jan 06Offcn Education Technology Co., Ltd.'s (SZSE:002607) 26% Cheaper Price Remains In Tune With RevenuesOffcn Education Technology Co., Ltd. ( SZSE:002607 ) shares have had a horrible month, losing 26% after a relatively...お知らせ • Dec 31Offcn Education Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Offcn Education Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025分析記事 • Dec 24Is Offcn Education Technology (SZSE:002607) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Nov 11Why Investors Shouldn't Be Surprised By Offcn Education Technology Co., Ltd.'s (SZSE:002607) 34% Share Price SurgeDespite an already strong run, Offcn Education Technology Co., Ltd. ( SZSE:002607 ) shares have been powering on, with...Reported Earnings • Oct 31Third quarter 2024 earnings: EPS in line with expectations, revenues disappointThird quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.091 in 3Q 2023). Revenue: CN¥652.5m (down 30% from 3Q 2023). Net income: CN¥52.3m (down 67% from 3Q 2023). Profit margin: 8.0% (down from 17% in 3Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.お知らせ • Sep 30Offcn Education Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Offcn Education Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024分析記事 • Sep 24There's Reason For Concern Over Offcn Education Technology Co., Ltd.'s (SZSE:002607) Massive 33% Price JumpDespite an already strong run, Offcn Education Technology Co., Ltd. ( SZSE:002607 ) shares have been powering on, with...Reported Earnings • Aug 29Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: CN¥0.01. Revenue: CN¥684.4m (down 19% from 2Q 2023). Net income: CN¥33.1m (down 43% from 2Q 2023). Profit margin: 4.8% (down from 6.9% in 2Q 2023). Revenue missed analyst estimates by 29%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Consumer Services industry in China.分析記事 • Aug 04Offcn Education Technology Co., Ltd. (SZSE:002607) Stock Rockets 30% As Investors Are Less Pessimistic Than ExpectedThose holding Offcn Education Technology Co., Ltd. ( SZSE:002607 ) shares would be relieved that the share price has...Price Target Changed • Jul 16Price target decreased by 10% to CN¥2.79Down from CN¥3.10, the current price target is an average from 4 analysts. New target price is 101% above last closing price of CN¥1.39. Stock is down 70% over the past year. The company is forecast to post earnings per share of CN¥0.085 next year compared to a net loss per share of CN¥0.03 last year.分析記事 • Jul 12Offcn Education Technology's (SZSE:002607) Returns On Capital Tell Us There Is Reason To Feel UneasyIf you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...New Risk • Jul 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change).お知らせ • Jun 29Offcn Education Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Offcn Education Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024お知らせ • May 29Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 26, 2024Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 26, 2024, at 14:00 China Standard Time. Location: Tower B, No. 23, Xueqing Road, Haidian District, Beijing China分析記事 • May 23What You Can Learn From Offcn Education Technology Co., Ltd.'s (SZSE:002607) P/SWhen close to half the companies in the Consumer Services industry in China have price-to-sales ratios (or "P/S") below...Price Target Changed • May 04Price target decreased by 12% to CN¥3.55Down from CN¥4.03, the current price target is an average from 4 analysts. New target price is 34% above last closing price of CN¥2.66. Stock is down 51% over the past year. The company is forecast to post earnings per share of CN¥0.095 next year compared to a net loss per share of CN¥0.03 last year.分析記事 • May 01Here's Why Offcn Education Technology (SZSE:002607) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • May 01First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: CN¥0.01. Revenue: CN¥763.5m (down 14% from 1Q 2023). Net income: CN¥82.8m (up 241% from 1Q 2023). Profit margin: 11% (up from 2.7% in 1Q 2023). Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 30Offcn Education Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Offcn Education Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Price Target Changed • Mar 22Price target decreased by 10% to CN¥4.03Down from CN¥4.48, the current price target is an average from 4 analysts. New target price is 26% above last closing price of CN¥3.21. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥0.063 next year compared to a net loss per share of CN¥0.18 last year.New Risk • Nov 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 01Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: CN¥0.091 (up from CN¥0.011 in 3Q 2022). Revenue: CN¥937.5m (down 44% from 3Q 2022). Net income: CN¥160.1m (up 135% from 3Q 2022). Profit margin: 17% (up from 4.1% in 3Q 2022). Revenue missed analyst estimates by 30%. Earnings per share (EPS) exceeded analyst estimates by 50%. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 15 percentage points per year, which is a significant difference in performance.Price Target Changed • Sep 15Price target decreased by 19% to CN¥4.65Down from CN¥5.72, the current price target is an average from 2 analysts. New target price is 12% above last closing price of CN¥4.14. Stock is down 8.6% over the past year. The company is forecast to post earnings per share of CN¥0.09 next year compared to a net loss per share of CN¥0.18 last year.New Risk • Aug 31New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 30Second quarter 2023 earnings: Revenues miss analyst expectationsSecond quarter 2023 results: Revenue: CN¥839.8m (down 17% from 2Q 2022). Net income: CN¥57.7m (up CN¥484.8m from 2Q 2022). Profit margin: 6.9% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 59%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 33 percentage points per year, which is a significant difference in performance.お知らせ • Jun 06Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 26, 2023Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 26, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 annual report and its summary; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2023 estimated quota of continuing connected transactions; to consider cash management with proprietary funds by the Company and subsidiaries; to consider determination of 2023 remuneration plan for directors, supervisors and senior management; to consider application for comprehensive credit line to banks by the Company and subsidiaries; to consider reappointment of 2023 audit firm and to consider other matters.Reported Earnings • Apr 29First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: CN¥888.6m (down 27% from 1Q 2022). Net income: CN¥24.3m (up CN¥488.1m from 1Q 2022). Profit margin: 2.7% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Consumer Services industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.Price Target Changed • Dec 19Price target decreased to CN¥4.88Down from CN¥5.71, the current price target is an average from 3 analysts. New target price is 11% below last closing price of CN¥5.48. Stock is down 32% over the past year. The company is forecast to post a net loss per share of CN¥0.05 next year compared to a net loss per share of CN¥0.38 last year.Reported Earnings • Oct 30Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CN¥0.011 (up from CN¥0.085 loss in 3Q 2021). Revenue: CN¥1.67b (up 15% from 3Q 2021). Net income: CN¥68.2m (up CN¥862.0m from 3Q 2021). Profit margin: 4.1% (up from net loss in 3Q 2021). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 42%. Earnings per share (EPS) also missed analyst estimates by 83%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.Reported Earnings • Sep 02Second quarter 2022 earnings: EPS in line with expectations, revenues disappointSecond quarter 2022 results: CN¥0.062 loss per share. Revenue: CN¥1.01b (down 64% from 2Q 2021). Net loss: CN¥427.1m (loss widened 80% from 2Q 2021). Revenue missed analyst estimates by 40%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 83%, compared to a 30% growth forecast for the Consumer Services industry in China.お知らせ • Jun 07Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 27, 2022Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 27, 2022, at 14:00 China Standard Time. Agenda: To consider the 2021 annual report and its summary; to consider the 2021 work report of the board of directors; to consider the 2021 work report of the supervisory committee; to consider the 2021 annual accounts; to consider the 2021 profit distribution plan; to consider the 2022 estimated quota of continuing connected transactions; to consider the cash management with proprietary funds by the Company and subsidiaries; to consider the determination of 2022 remuneration plan for directors, supervisors and senior management; to consider the reappointment of 2022 audit firm; and to consider the application for comprehensive credit line to banks by the Company and subsidiaries.Price Target Changed • May 09Price target decreased to CN¥10.27Down from CN¥11.14, the current price target is an average from 7 analysts. New target price is 124% above last closing price of CN¥4.59. Stock is down 80% over the past year. The company is forecast to post earnings per share of CN¥0.33 next year compared to a net loss per share of CN¥0.38 last year.Reported Earnings • Apr 30Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: CN¥0.38 loss per share (down from CN¥0.37 profit in FY 2020). Revenue: CN¥6.91b (down 38% from FY 2020). Net loss: CN¥2.37b (down 203% from profit in FY 2020). Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 300%. Over the next year, revenue is forecast to grow 82%, compared to a 29% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 28% per year.Board Change • Mar 29High number of new directorsIndependent Director Yuqin Chen was the last director to join the board, commencing their role in 2022.Price Target Changed • Feb 09Price target decreased to CN¥11.14Down from CN¥15.45, the current price target is an average from 9 analysts. New target price is 65% above last closing price of CN¥6.75. Stock is down 83% over the past year. The company is forecast to post a net loss per share of CN¥0.11 compared to earnings per share of CN¥0.37 last year.お知らせ • Feb 08Offcn Education Technology Co., Ltd. Approves Appointment of Chen Yuqin and Jiang Tao as Independent Directors At the Extraordinary General Meeting Held on January 28, 2022Offcn Education Technology Co., Ltd. approved appointment of Chen Yuqin and Jiang Tao as independent directors at the Extraordinary General Meeting held on January 28, 2022.Price Target Changed • Dec 17Price target decreased to CN¥15.45Down from CN¥16.89, the current price target is an average from 12 analysts. New target price is 76% above last closing price of CN¥8.77. Stock is down 77% over the past year. The company is forecast to post a net loss per share of CN¥0.11 compared to earnings per share of CN¥0.37 last year.Reported Earnings • Oct 31Third quarter 2021 earnings released: CN¥0.085 loss per share (vs CN¥0.25 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥1.45b (down 69% from 3Q 2020). Net loss: CN¥793.7m (down 151% from profit in 3Q 2020).Price Target Changed • Oct 15Price target decreased to CN¥18.91Down from CN¥20.68, the current price target is an average from 14 analysts. New target price is 57% above last closing price of CN¥12.05. Stock is down 68% over the past year.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥13.38, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Consumer Services industry in China. Total loss to shareholders of 64% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥18.52 per share.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥13.04, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the Consumer Services industry in China. Total loss to shareholders of 61% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.02 per share.Price Target Changed • Sep 02Price target decreased to CN¥23.45Down from CN¥27.76, the current price target is an average from 14 analysts. New target price is 119% above last closing price of CN¥10.73. Stock is down 71% over the past year.Price Target Changed • Sep 01Price target decreased to CN¥24.05Down from CN¥27.76, the current price target is an average from 14 analysts. New target price is 117% above last closing price of CN¥11.10. Stock is down 69% over the past year.Reported Earnings • Aug 31Second quarter 2021 earnings released: CN¥0.089 loss per share (vs CN¥0.06 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥2.80b (up 78% from 2Q 2020). Net loss: CN¥237.9m (loss narrowed 32% from 2Q 2020).Price Target Changed • Jul 21Price target decreased to CN¥30.99Down from CN¥36.61, the current price target is an average from 14 analysts. New target price is 105% above last closing price of CN¥15.12. Stock is down 55% over the past year.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥15.30, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 31x in the Consumer Services industry in China. Total loss to shareholders of 51% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥28.17 per share.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥21.90, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 39x in the Consumer Services industry in China. Total loss to shareholders of 25% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.97 per share.Reported Earnings • May 03First quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.02 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥2.05b (up 67% from 1Q 2020). Net income: CN¥140.7m (up 21% from 1Q 2020). Profit margin: 6.9% (down from 9.5% in 1Q 2020). The decrease in margin was driven by higher expenses.Is New 90 Day High Low • Mar 08New 90-day low: CN¥30.85The company is down 17% from its price of CN¥37.00 on 08 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥67.81 per share.Is New 90 Day High Low • Jan 19New 90-day low: CN¥32.30The company is down 15% from its price of CN¥38.12 on 21 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥68.22 per share.Price Target Changed • Dec 22Price target raised to CN¥41.63Up from CN¥37.75, the current price target is an average from 13 analysts. The new target price is 5.1% above the current share price of CN¥39.62. As of last close, the stock is up 128% over the past year.Price Target Changed • Nov 16Price target raised to CN¥39.70Up from CN¥36.22, the current price target is an average from 16 analysts. The new target price is close to the current share price of CN¥41.45. As of last close, the stock is up 104% over the past year.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥2.17b, up 38% from the prior year. Total revenue was CN¥10.5b over the last 12 months, up 27% from the prior year.Analyst Estimate Surprise Post Earnings • Nov 01Third-quarter earnings released: Revenue and earnings beat expectationsThird-quarter revenue exceeded analyst estimates by 8.0% at CN¥4.63b. Earnings per share (EPS) also surpassed analyst estimates by 4.2% at CN¥0.25. Revenue is forecast to grow 55% over the next year, compared to a 75% growth forecast for the Consumer Services industry in China.Is New 90 Day High Low • Oct 16New 90-day high: CN¥38.18The company is up 19% from its price of CN¥31.95 on 17 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.64 per share.お知らせ • Aug 14Offcn Education Technology Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020Offcn Education Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020財務状況分析短期負債: 002607の 短期資産 ( CN¥320.2M ) は 短期負債 ( CN¥3.9B ) をカバーしていません。長期負債: 002607の短期資産 ( CN¥320.2M ) は 長期負債 ( CN¥965.7M ) をカバーしていません。デット・ツー・エクイティの歴史と分析負債レベル: 002607の 純負債対資本比率 ( 175.3% ) は 高い と見なされます。負債の削減: 002607の負債対資本比率は、過去 5 年間で103.3%から189.2%に増加しました。債務返済能力: 002607の負債は 営業キャッシュフロー によって 十分にカバー されています ( 32.3% )。インタレストカバレッジ: 002607の負債に対する 利息支払い は EBIT ( 2.6 x coverage) によって 十分にカバーされていません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YConsumer-services 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/27 19:27終値2026/05/27 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Offcn Education Technology Co., Ltd. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。11 アナリスト機関Liping ZhaoChina International Capital Corporation LimitedKai LiuEverbright Securities Co. Ltd.Timothy ZhaoGoldman Sachs8 その他のアナリストを表示
分析記事 • Dec 24Is Offcn Education Technology (SZSE:002607) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • May 01Here's Why Offcn Education Technology (SZSE:002607) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Risk • May 05New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin).
New Risk • Apr 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.5% Last year net profit margin: 5.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (175% net debt to equity). Profit margins are more than 30% lower than last year (2.5% net profit margin).
Reported Earnings • Apr 29First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: CN¥0.01. Revenue: CN¥599.8m (up 4.3% from 1Q 2025). Net income: CN¥47.3m (up 18% from 1Q 2025). Profit margin: 7.9% (up from 7.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Apr 29Offcn Education Technology Co., Ltd., Annual General Meeting, May 20, 2026Offcn Education Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: Tower B, No. 23, Xueqing Road, Haidian District, Beijing China
お知らせ • Mar 31Offcn Education Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Offcn Education Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • Feb 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change).
Major Estimate Revision • Feb 05Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥0.025 to CN¥0.02 per share. Revenue forecast steady at CN¥2.15b. Net income forecast to grow 212% next year vs 21% growth forecast for Consumer Services industry in China. Consensus price target up from CN¥2.03 to CN¥2.10. Share price fell 3.1% to CN¥2.83 over the past week.
Buy Or Sell Opportunity • Jan 16Now 23% undervaluedOver the last 90 days, the stock has risen 9.6% to CN¥2.98. The fair value is estimated to be CN¥3.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 408% in the next 2 years.
お知らせ • Dec 31Offcn Education Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Offcn Education Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
Major Estimate Revision • Nov 15Consensus EPS estimates fall by 61%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.23b to CN¥2.16b. EPS estimate also fell from CN¥0.064 per share to CN¥0.025 per share. Net income forecast to grow 226% next year vs 29% growth forecast for Consumer Services industry in China. Consensus price target down from CN¥2.13 to CN¥2.03. Share price rose 2.2% to CN¥2.75 over the past week.
Major Estimate Revision • Nov 07Consensus revenue estimates decrease by 17%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥2.70b to CN¥2.23b. EPS estimate unchanged from CN¥0.098 per share at last update. Consumer Services industry in China expected to see average net income growth of 29% next year. Consensus price target broadly unchanged at CN¥2.13. Share price was steady at CN¥2.69 over the past week.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.002 (vs CN¥0.01 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.002 (down from CN¥0.01 in 3Q 2024). Revenue: CN¥502.1m (down 23% from 3Q 2024). Net income: CN¥30.2m (down 42% from 3Q 2024). Profit margin: 6.0% (down from 8.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Sep 30Offcn Education Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Offcn Education Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Major Estimate Revision • Sep 12Consensus EPS estimates increase by 24%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥2.88b to CN¥2.70b. EPS estimate rose from CN¥0.079 to CN¥0.098. Net income forecast to grow 362% next year vs 22% growth forecast for Consumer Services industry in China. Consensus price target up from CN¥2.10 to CN¥2.15. Share price was steady at CN¥2.97 over the past week.
お知らせ • Jul 02Offcn Education Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Offcn Education Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • Jun 02Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 25, 2025Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 25, 2025, at 14:00 China Standard Time. Location: Tower B, No. 23, Xueqing Road, Haidian District, Beijing China
Major Estimate Revision • May 09Consensus EPS estimates increase by 32%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from CN¥0.06 to CN¥0.079. Revenue forecast steady at CN¥2.88b. Net income forecast to grow 276% next year vs 21% growth forecast for Consumer Services industry in China. Consensus price target down from CN¥2.15 to CN¥2.10. Share price was steady at CN¥3.07 over the past week.
New Risk • Apr 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 27First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: CN¥575.0m (down 25% from 1Q 2024). Net income: CN¥40.0m (down 52% from 1Q 2024). Profit margin: 7.0% (down from 11% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
お知らせ • Mar 31Offcn Education Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Offcn Education Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
お知らせ • Feb 18Offcn Education Technology Co., Ltd. Approves Board and Supervisor ElectionsOffcn Education Technology Co., Ltd. at its Extraordinary General Meeting held on 14 February 2025 approved the election of He Youli, Sun Wei and Jin Hua as non-independent director. The company approved the election of Jiang Ronghai as independent director. The company approved the election of Zhang Hongjun and Liu Weiwei as non-employee supervisor.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. Independent Director Tao Jiang was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
分析記事 • Jan 06Offcn Education Technology Co., Ltd.'s (SZSE:002607) 26% Cheaper Price Remains In Tune With RevenuesOffcn Education Technology Co., Ltd. ( SZSE:002607 ) shares have had a horrible month, losing 26% after a relatively...
お知らせ • Dec 31Offcn Education Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Offcn Education Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
分析記事 • Dec 24Is Offcn Education Technology (SZSE:002607) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Nov 11Why Investors Shouldn't Be Surprised By Offcn Education Technology Co., Ltd.'s (SZSE:002607) 34% Share Price SurgeDespite an already strong run, Offcn Education Technology Co., Ltd. ( SZSE:002607 ) shares have been powering on, with...
Reported Earnings • Oct 31Third quarter 2024 earnings: EPS in line with expectations, revenues disappointThird quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.091 in 3Q 2023). Revenue: CN¥652.5m (down 30% from 3Q 2023). Net income: CN¥52.3m (down 67% from 3Q 2023). Profit margin: 8.0% (down from 17% in 3Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
お知らせ • Sep 30Offcn Education Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Offcn Education Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
分析記事 • Sep 24There's Reason For Concern Over Offcn Education Technology Co., Ltd.'s (SZSE:002607) Massive 33% Price JumpDespite an already strong run, Offcn Education Technology Co., Ltd. ( SZSE:002607 ) shares have been powering on, with...
Reported Earnings • Aug 29Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: CN¥0.01. Revenue: CN¥684.4m (down 19% from 2Q 2023). Net income: CN¥33.1m (down 43% from 2Q 2023). Profit margin: 4.8% (down from 6.9% in 2Q 2023). Revenue missed analyst estimates by 29%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Consumer Services industry in China.
分析記事 • Aug 04Offcn Education Technology Co., Ltd. (SZSE:002607) Stock Rockets 30% As Investors Are Less Pessimistic Than ExpectedThose holding Offcn Education Technology Co., Ltd. ( SZSE:002607 ) shares would be relieved that the share price has...
Price Target Changed • Jul 16Price target decreased by 10% to CN¥2.79Down from CN¥3.10, the current price target is an average from 4 analysts. New target price is 101% above last closing price of CN¥1.39. Stock is down 70% over the past year. The company is forecast to post earnings per share of CN¥0.085 next year compared to a net loss per share of CN¥0.03 last year.
分析記事 • Jul 12Offcn Education Technology's (SZSE:002607) Returns On Capital Tell Us There Is Reason To Feel UneasyIf you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
New Risk • Jul 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change).
お知らせ • Jun 29Offcn Education Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Offcn Education Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
お知らせ • May 29Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 26, 2024Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 26, 2024, at 14:00 China Standard Time. Location: Tower B, No. 23, Xueqing Road, Haidian District, Beijing China
分析記事 • May 23What You Can Learn From Offcn Education Technology Co., Ltd.'s (SZSE:002607) P/SWhen close to half the companies in the Consumer Services industry in China have price-to-sales ratios (or "P/S") below...
Price Target Changed • May 04Price target decreased by 12% to CN¥3.55Down from CN¥4.03, the current price target is an average from 4 analysts. New target price is 34% above last closing price of CN¥2.66. Stock is down 51% over the past year. The company is forecast to post earnings per share of CN¥0.095 next year compared to a net loss per share of CN¥0.03 last year.
分析記事 • May 01Here's Why Offcn Education Technology (SZSE:002607) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • May 01First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: CN¥0.01. Revenue: CN¥763.5m (down 14% from 1Q 2023). Net income: CN¥82.8m (up 241% from 1Q 2023). Profit margin: 11% (up from 2.7% in 1Q 2023). Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 30Offcn Education Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Offcn Education Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Price Target Changed • Mar 22Price target decreased by 10% to CN¥4.03Down from CN¥4.48, the current price target is an average from 4 analysts. New target price is 26% above last closing price of CN¥3.21. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥0.063 next year compared to a net loss per share of CN¥0.18 last year.
New Risk • Nov 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 01Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: CN¥0.091 (up from CN¥0.011 in 3Q 2022). Revenue: CN¥937.5m (down 44% from 3Q 2022). Net income: CN¥160.1m (up 135% from 3Q 2022). Profit margin: 17% (up from 4.1% in 3Q 2022). Revenue missed analyst estimates by 30%. Earnings per share (EPS) exceeded analyst estimates by 50%. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 15 percentage points per year, which is a significant difference in performance.
Price Target Changed • Sep 15Price target decreased by 19% to CN¥4.65Down from CN¥5.72, the current price target is an average from 2 analysts. New target price is 12% above last closing price of CN¥4.14. Stock is down 8.6% over the past year. The company is forecast to post earnings per share of CN¥0.09 next year compared to a net loss per share of CN¥0.18 last year.
New Risk • Aug 31New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 30Second quarter 2023 earnings: Revenues miss analyst expectationsSecond quarter 2023 results: Revenue: CN¥839.8m (down 17% from 2Q 2022). Net income: CN¥57.7m (up CN¥484.8m from 2Q 2022). Profit margin: 6.9% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 59%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 33 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 06Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 26, 2023Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 26, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 annual report and its summary; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2023 estimated quota of continuing connected transactions; to consider cash management with proprietary funds by the Company and subsidiaries; to consider determination of 2023 remuneration plan for directors, supervisors and senior management; to consider application for comprehensive credit line to banks by the Company and subsidiaries; to consider reappointment of 2023 audit firm and to consider other matters.
Reported Earnings • Apr 29First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: CN¥888.6m (down 27% from 1Q 2022). Net income: CN¥24.3m (up CN¥488.1m from 1Q 2022). Profit margin: 2.7% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Consumer Services industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
Price Target Changed • Dec 19Price target decreased to CN¥4.88Down from CN¥5.71, the current price target is an average from 3 analysts. New target price is 11% below last closing price of CN¥5.48. Stock is down 32% over the past year. The company is forecast to post a net loss per share of CN¥0.05 next year compared to a net loss per share of CN¥0.38 last year.
Reported Earnings • Oct 30Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CN¥0.011 (up from CN¥0.085 loss in 3Q 2021). Revenue: CN¥1.67b (up 15% from 3Q 2021). Net income: CN¥68.2m (up CN¥862.0m from 3Q 2021). Profit margin: 4.1% (up from net loss in 3Q 2021). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 42%. Earnings per share (EPS) also missed analyst estimates by 83%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.
Reported Earnings • Sep 02Second quarter 2022 earnings: EPS in line with expectations, revenues disappointSecond quarter 2022 results: CN¥0.062 loss per share. Revenue: CN¥1.01b (down 64% from 2Q 2021). Net loss: CN¥427.1m (loss widened 80% from 2Q 2021). Revenue missed analyst estimates by 40%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 83%, compared to a 30% growth forecast for the Consumer Services industry in China.
お知らせ • Jun 07Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 27, 2022Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 27, 2022, at 14:00 China Standard Time. Agenda: To consider the 2021 annual report and its summary; to consider the 2021 work report of the board of directors; to consider the 2021 work report of the supervisory committee; to consider the 2021 annual accounts; to consider the 2021 profit distribution plan; to consider the 2022 estimated quota of continuing connected transactions; to consider the cash management with proprietary funds by the Company and subsidiaries; to consider the determination of 2022 remuneration plan for directors, supervisors and senior management; to consider the reappointment of 2022 audit firm; and to consider the application for comprehensive credit line to banks by the Company and subsidiaries.
Price Target Changed • May 09Price target decreased to CN¥10.27Down from CN¥11.14, the current price target is an average from 7 analysts. New target price is 124% above last closing price of CN¥4.59. Stock is down 80% over the past year. The company is forecast to post earnings per share of CN¥0.33 next year compared to a net loss per share of CN¥0.38 last year.
Reported Earnings • Apr 30Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: CN¥0.38 loss per share (down from CN¥0.37 profit in FY 2020). Revenue: CN¥6.91b (down 38% from FY 2020). Net loss: CN¥2.37b (down 203% from profit in FY 2020). Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 300%. Over the next year, revenue is forecast to grow 82%, compared to a 29% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 28% per year.
Board Change • Mar 29High number of new directorsIndependent Director Yuqin Chen was the last director to join the board, commencing their role in 2022.
Price Target Changed • Feb 09Price target decreased to CN¥11.14Down from CN¥15.45, the current price target is an average from 9 analysts. New target price is 65% above last closing price of CN¥6.75. Stock is down 83% over the past year. The company is forecast to post a net loss per share of CN¥0.11 compared to earnings per share of CN¥0.37 last year.
お知らせ • Feb 08Offcn Education Technology Co., Ltd. Approves Appointment of Chen Yuqin and Jiang Tao as Independent Directors At the Extraordinary General Meeting Held on January 28, 2022Offcn Education Technology Co., Ltd. approved appointment of Chen Yuqin and Jiang Tao as independent directors at the Extraordinary General Meeting held on January 28, 2022.
Price Target Changed • Dec 17Price target decreased to CN¥15.45Down from CN¥16.89, the current price target is an average from 12 analysts. New target price is 76% above last closing price of CN¥8.77. Stock is down 77% over the past year. The company is forecast to post a net loss per share of CN¥0.11 compared to earnings per share of CN¥0.37 last year.
Reported Earnings • Oct 31Third quarter 2021 earnings released: CN¥0.085 loss per share (vs CN¥0.25 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥1.45b (down 69% from 3Q 2020). Net loss: CN¥793.7m (down 151% from profit in 3Q 2020).
Price Target Changed • Oct 15Price target decreased to CN¥18.91Down from CN¥20.68, the current price target is an average from 14 analysts. New target price is 57% above last closing price of CN¥12.05. Stock is down 68% over the past year.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥13.38, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Consumer Services industry in China. Total loss to shareholders of 64% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥18.52 per share.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥13.04, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the Consumer Services industry in China. Total loss to shareholders of 61% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.02 per share.
Price Target Changed • Sep 02Price target decreased to CN¥23.45Down from CN¥27.76, the current price target is an average from 14 analysts. New target price is 119% above last closing price of CN¥10.73. Stock is down 71% over the past year.
Price Target Changed • Sep 01Price target decreased to CN¥24.05Down from CN¥27.76, the current price target is an average from 14 analysts. New target price is 117% above last closing price of CN¥11.10. Stock is down 69% over the past year.
Reported Earnings • Aug 31Second quarter 2021 earnings released: CN¥0.089 loss per share (vs CN¥0.06 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥2.80b (up 78% from 2Q 2020). Net loss: CN¥237.9m (loss narrowed 32% from 2Q 2020).
Price Target Changed • Jul 21Price target decreased to CN¥30.99Down from CN¥36.61, the current price target is an average from 14 analysts. New target price is 105% above last closing price of CN¥15.12. Stock is down 55% over the past year.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥15.30, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 31x in the Consumer Services industry in China. Total loss to shareholders of 51% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥28.17 per share.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥21.90, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 39x in the Consumer Services industry in China. Total loss to shareholders of 25% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.97 per share.
Reported Earnings • May 03First quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.02 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥2.05b (up 67% from 1Q 2020). Net income: CN¥140.7m (up 21% from 1Q 2020). Profit margin: 6.9% (down from 9.5% in 1Q 2020). The decrease in margin was driven by higher expenses.
Is New 90 Day High Low • Mar 08New 90-day low: CN¥30.85The company is down 17% from its price of CN¥37.00 on 08 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥67.81 per share.
Is New 90 Day High Low • Jan 19New 90-day low: CN¥32.30The company is down 15% from its price of CN¥38.12 on 21 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥68.22 per share.
Price Target Changed • Dec 22Price target raised to CN¥41.63Up from CN¥37.75, the current price target is an average from 13 analysts. The new target price is 5.1% above the current share price of CN¥39.62. As of last close, the stock is up 128% over the past year.
Price Target Changed • Nov 16Price target raised to CN¥39.70Up from CN¥36.22, the current price target is an average from 16 analysts. The new target price is close to the current share price of CN¥41.45. As of last close, the stock is up 104% over the past year.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥2.17b, up 38% from the prior year. Total revenue was CN¥10.5b over the last 12 months, up 27% from the prior year.
Analyst Estimate Surprise Post Earnings • Nov 01Third-quarter earnings released: Revenue and earnings beat expectationsThird-quarter revenue exceeded analyst estimates by 8.0% at CN¥4.63b. Earnings per share (EPS) also surpassed analyst estimates by 4.2% at CN¥0.25. Revenue is forecast to grow 55% over the next year, compared to a 75% growth forecast for the Consumer Services industry in China.
Is New 90 Day High Low • Oct 16New 90-day high: CN¥38.18The company is up 19% from its price of CN¥31.95 on 17 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.64 per share.
お知らせ • Aug 14Offcn Education Technology Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020Offcn Education Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020