Kaiyuan Education Technology Group（300338）株式概要開元教育科技集団有限公司 詳細300338 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金0/6報酬過去5年間の収益は年間33.6%増加しました。 リスク分析マイナスの株主資本 すべてのリスクチェックを見る300338 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥3.126.5k% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-779m2b2016201920222025202620282031Revenue CN¥8.9mEarnings CN¥760.8kAdvancedSet Fair ValueView all narrativesKaiyuan Education Technology Group Co., Ltd. 競合他社Ningbo GQY Video & TelecomSymbol: SZSE:300076Market cap: CN¥2.0bChengdu Qinchuan IoT TechnologyLtdSymbol: SHSE:688528Market cap: CN¥1.8bBescient TechnologiesSymbol: SHSE:688671Market cap: CN¥2.0bJoyware ElectronicsLtdSymbol: SZSE:300270Market cap: CN¥3.9b価格と性能株価の高値、安値、推移の概要Kaiyuan Education Technology Group過去の株価現在の株価CN¥3.1252週高値CN¥4.8852週安値CN¥3.01ベータ0.451ヶ月の変化-14.75%3ヶ月変化-23.90%1年変化-27.10%3年間の変化-32.32%5年間の変化-36.84%IPOからの変化-49.44%最新ニュースNew Risk • Apr 28New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥141m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥141m free cash flow). Negative equity (-CN¥112m).Reported Earnings • Apr 28Full year 2025 earnings released: CN¥0.34 loss per share (vs CN¥0.35 loss in FY 2024)Full year 2025 results: CN¥0.34 loss per share (improved from CN¥0.35 loss in FY 2024). Revenue: CN¥136.0m (down 20% from FY 2024). Net loss: CN¥137.7m (loss narrowed 2.6% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Apr 28Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 20, 2026Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong Chinaお知らせ • Mar 31Kaiyuan Education Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026お知らせ • Dec 31Kaiyuan Education Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Kaiyuan Education Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026Reported Earnings • Oct 27Third quarter 2025 earnings released: CN¥0.047 loss per share (vs CN¥0.045 loss in 3Q 2024)Third quarter 2025 results: CN¥0.047 loss per share (further deteriorated from CN¥0.045 loss in 3Q 2024). Revenue: CN¥36.9m (down 12% from 3Q 2024). Net loss: CN¥19.1m (loss widened 5.7% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.最新情報をもっと見るRecent updatesNew Risk • Apr 28New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥141m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥141m free cash flow). Negative equity (-CN¥112m).Reported Earnings • Apr 28Full year 2025 earnings released: CN¥0.34 loss per share (vs CN¥0.35 loss in FY 2024)Full year 2025 results: CN¥0.34 loss per share (improved from CN¥0.35 loss in FY 2024). Revenue: CN¥136.0m (down 20% from FY 2024). Net loss: CN¥137.7m (loss narrowed 2.6% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Apr 28Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 20, 2026Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong Chinaお知らせ • Mar 31Kaiyuan Education Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026お知らせ • Dec 31Kaiyuan Education Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Kaiyuan Education Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026Reported Earnings • Oct 27Third quarter 2025 earnings released: CN¥0.047 loss per share (vs CN¥0.045 loss in 3Q 2024)Third quarter 2025 results: CN¥0.047 loss per share (further deteriorated from CN¥0.045 loss in 3Q 2024). Revenue: CN¥36.9m (down 12% from 3Q 2024). Net loss: CN¥19.1m (loss widened 5.7% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30Kaiyuan Education Technology Group Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025New Risk • Sep 07New minor risk - Negative shareholders equityThe company has negative equity. Total equity: -CN¥18m This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. This is currently the only risk that has been identified for the company.お知らせ • Jul 02Kaiyuan Education Technology Group Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Kaiyuan Education Technology Group Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • Apr 28Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 20, 2025Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 20, 2025, at 15:30 China Standard Time. Location: 5F, Building C, No. 4, Taixing Road, Yongping Street, Baiyun District, Guangzhou, Guangdong China分析記事 • Apr 01There's Reason For Concern Over Kaiyuan Education Technology Group Co., Ltd.'s (SZSE:300338) Massive 32% Price JumpThose holding Kaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shares would be relieved that the share...お知らせ • Mar 31Kaiyuan Education Technology Group Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025分析記事 • Jan 13Kaiyuan Education Technology Group Co., Ltd.'s (SZSE:300338) Popularity With Investors Under Threat As Stock Sinks 26%Kaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shares have retraced a considerable 26% in the last month...お知らせ • Dec 31Kaiyuan Education Technology Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025Kaiyuan Education Technology Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025Reported Earnings • Oct 29Third quarter 2024 earnings released: CN¥0.045 loss per share (vs CN¥0.07 loss in 3Q 2023)Third quarter 2024 results: CN¥0.045 loss per share (improved from CN¥0.07 loss in 3Q 2023). Revenue: CN¥42.1m (down 46% from 3Q 2023). Net loss: CN¥18.1m (loss narrowed 36% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Sep 30Kaiyuan Education Technology Group Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024分析記事 • Sep 26Optimistic Investors Push Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338) Shares Up 41% But Growth Is LackingDespite an already strong run, Kaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shares have been powering...Reported Earnings • Aug 29Second quarter 2024 earnings released: CN¥0.024 loss per share (vs CN¥0.023 loss in 2Q 2023)Second quarter 2024 results: CN¥0.024 loss per share (further deteriorated from CN¥0.023 loss in 2Q 2023). Revenue: CN¥59.8m (down 44% from 2Q 2023). Net loss: CN¥11.1m (loss widened 23% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.分析記事 • Aug 06Kaiyuan Education Technology Group Co., Ltd.'s (SZSE:300338) 28% Price Boost Is Out Of Tune With RevenuesKaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shareholders would be excited to see that the share price...お知らせ • Jun 29Kaiyuan Education Technology Group Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Kaiyuan Education Technology Group Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • Jun 21The Market Doesn't Like What It Sees From Kaiyuan Education Technology Group Co., Ltd.'s (SZSE:300338) Revenues Yet As Shares Tumble 31%To the annoyance of some shareholders, Kaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shares are down a...New Risk • Jun 05New major risk - Revenue and earnings growthEarnings have declined by 0.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥15m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-CN¥118m). Earnings have declined by 0.8% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Market cap is less than US$100m (CN¥437.4m market cap, or US$60.4m).分析記事 • May 06Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338) Not Doing Enough For Some Investors As Its Shares Slump 28%Kaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shareholders won't be pleased to see that the share price...Reported Earnings • May 01First quarter 2024 earnings released: CN¥0.02 loss per share (vs CN¥0.011 profit in 1Q 2023)First quarter 2024 results: CN¥0.02 loss per share (down from CN¥0.011 profit in 1Q 2023). Revenue: CN¥37.9m (down 65% from 1Q 2023). Net loss: CN¥6.89m (down 260% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • May 01Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 21, 2024Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 21, 2024, at 15:30 China Standard Time. Location: 7F, Building 3, No. 20, Puyuan Road, Yuehu Subdistrict, Kaifu District, Changsha, Hunan ChinaNew Risk • Apr 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥163m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 0.4% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (4.7% increase in shares outstanding).お知らせ • Mar 30Kaiyuan Education Technology Group Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024分析記事 • Mar 07Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338) Surges 53% Yet Its Low P/S Is No Reason For ExcitementKaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shareholders are no doubt pleased to see that the share...Board Change • Mar 01High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Non-Independent Director Yanan Bao was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.New Risk • Feb 05New 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥163m free cash flow). Earnings have declined by 0.4% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change).お知らせ • Feb 03Kaiyuan Education Technology Group Co., Ltd. Announces Executive AppointmentsKaiyuan Education Technology Group Co., Ltd. at the Extraordinary General Meeting of 2024 held on 01 February 2024 approved election and nomination of non-independent directors, cumulative voting system applicable: Bao Yanan, non-independent director; Xiang Shun, non-independent director; An Jiuwen, non-independent director; Election and nomination of independent directors, cumulative voting system applicable: Liu Qinglin, independent director and Zhao Jinqiang, independent director; Election and nomination of non-employee supervisors, cumulative voting system applicable: Li Daorong, non-employee supervisor and Liu Bin, non-employee supervisor.Board Change • Jan 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hua Bo Ning was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 30Kaiyuan Education Technology Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024Kaiyuan Education Technology Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024Reported Earnings • Oct 26Third quarter 2023 earnings released: CN¥0.07 loss per share (vs CN¥0.40 profit in 3Q 2022)Third quarter 2023 results: CN¥0.07 loss per share (down from CN¥0.40 profit in 3Q 2022). Revenue: CN¥77.9m (down 51% from 3Q 2022). Net loss: CN¥28.1m (down 121% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • Sep 30Kaiyuan Education Technology Group Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023Valuation Update With 7 Day Price Move • Sep 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥5.01, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 44x in the Electronic industry in China. Total loss to shareholders of 42% over the past three years.New Risk • Aug 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (264% accrual ratio). Minor Risk Shareholders have been diluted in the past year (4.7% increase in shares outstanding).Reported Earnings • Aug 28Second quarter 2023 earnings released: CN¥0.023 loss per share (vs CN¥0.055 loss in 2Q 2022)Second quarter 2023 results: CN¥0.023 loss per share (improved from CN¥0.055 loss in 2Q 2022). Revenue: CN¥107.4m (down 21% from 2Q 2022). Net loss: CN¥9.04m (loss narrowed 52% from 2Q 2022). 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 15% per year, which means it is significantly lagging earnings.New Risk • Jun 30New 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 6.9% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (116% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.011 (vs CN¥0.15 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.011 (up from CN¥0.15 loss in 1Q 2022). Revenue: CN¥107.3m (down 37% from 1Q 2022). Net income: CN¥4.32m (up CN¥54.3m from 1Q 2022). Profit margin: 4.0% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 02Full year 2022 earnings released: EPS: CN¥0.10 (vs CN¥1.36 loss in FY 2021)Full year 2022 results: EPS: CN¥0.10 (up from CN¥1.36 loss in FY 2021). Revenue: CN¥647.1m (down 31% from FY 2021). Net income: CN¥34.6m (up CN¥495.4m from FY 2021). Profit margin: 5.3% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • Feb 07Li Xi completed the acquisition of 20% stake in Hunan Leshang Investment Fund Partnership Enterprise (Limited Partnership) from Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338).Li Xi agreed to acquire 20% stake in Hunan Leshang Investment Fund Partnership Enterprise (Limited Partnership) from Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338) for CNY 50 million on January 30, 2023. The board of Kaiyuan Education Technology Group has approved the deal on January 30, 2023.Li Xi completed the acquisition of 20% stake in Hunan Leshang Investment Fund Partnership Enterprise (Limited Partnership) from Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338) on February 6, 2023. As of February 6, 2023, The transfer has completed the registration modification and filing and issuance of business license. At the same time, Li Xi has paid the price of CNY 50 million.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Fulin Ding was the last director to join the board, commencing their role in 2019. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.17 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.40 (up from CN¥0.17 loss in 3Q 2021). Revenue: CN¥158.5m (down 45% from 3Q 2021). Net income: CN¥136.1m (up CN¥194.2m from 3Q 2021). Profit margin: 86% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 26Second quarter 2022 earnings released: CN¥0.055 loss per share (vs CN¥0.11 loss in 2Q 2021)Second quarter 2022 results: CN¥0.055 loss per share (up from CN¥0.11 loss in 2Q 2021). Revenue: CN¥136.1m (down 57% from 2Q 2021). Net loss: CN¥18.7m (loss narrowed 48% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.Reported Earnings • Apr 30Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: CN¥1.36 loss per share (up from CN¥2.25 loss in FY 2020). Revenue: CN¥930.8m (up 9.5% from FY 2020). Net loss: CN¥460.8m (loss narrowed 40% from FY 2020). Revenue missed analyst estimates by 17%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Fulin Ding was the last director to join the board, commencing their role in 2019. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: CN¥1.15 loss per share (up from CN¥2.25 loss in FY 2020). Revenue: CN¥965.1m (up 14% from FY 2020). Net loss: CN¥391.4m (loss narrowed 49% from FY 2020). Revenue missed analyst estimates by 100%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 47%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 26Third quarter 2021 earnings released: CN¥0.17 loss per share (vs CN¥0.027 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥286.5m (down 4.6% from 3Q 2020). Net loss: CN¥58.1m (loss widened CN¥48.9m from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 24Second quarter 2021 earnings released: CN¥0.11 loss per share (vs CN¥0.12 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¥319.8m (up 38% from 2Q 2020). Net loss: CN¥36.2m (loss narrowed 11% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 25First quarter 2021 earnings released: CN¥0.25 loss per share (vs CN¥0.35 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥217.6m (up 57% from 1Q 2020). Net loss: CN¥86.0m (loss narrowed 29% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Jan 13New 90-day low: CN¥5.47The company is down 35% from its price of CN¥8.40 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.Is New 90 Day High Low • Dec 28New 90-day low: CN¥6.92The company is down 18% from its price of CN¥8.47 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period.Is New 90 Day High Low • Nov 10New 90-day low: CN¥7.37The company is down 12% from its price of CN¥8.40 on 12 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥853.6m, with earnings decreasing by CN¥889.8m from the prior year. Total revenue was CN¥952.2m over the last 12 months, down 43% from the prior year.Is New 90 Day High Low • Oct 25New 90-day low: CN¥8.05The company is down 3.0% from its price of CN¥8.27 on 27 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period.お知らせ • Aug 13Changsha Kaiyuan Instruments Co., Ltd to Report First Half, 2020 Results on Aug 28, 2020Changsha Kaiyuan Instruments Co., Ltd announced that they will report first half, 2020 results on Aug 28, 2020お知らせ • Jul 30Long Ailing completed the acquisition of 5.01% stake in Changsha Kaiyuan Instruments Co., Ltd (SZSE:300338) from Luo Jianwen.Long Ailing agreed to acquire 5.01% stake in Changsha Kaiyuan Instruments Co., Ltd (SZSE:300338) from Luo Jianwen for approximately CNY 120 million on June 24, 2020. Under the terms of the transaction, Long Ailing will pay CNY 7.05 per share to acquire 17.2 million shares in Changsha Kaiyuan Instruments Co., Ltd. Long Ailing shall pay the first share transfer price of CNY 24.252 million to Luo Jianwen within two days after this agreement takes effect and obtains the share agreement transfer confirmation issued by Shenzhen Stock Exchange. Long Ailing shall pay Luo Jianwen a share transfer price of CNY 36.378 million within 2 months from the date that Luo Jianwen completes the transfer of all subject shares to Long Ailing. Long Ailing shall pay the remaining share transfer price of CNY 60.63 million yuan to Luo Jianwen before December 30, 2020. Upon completion, Luo Jianwen will own 6.79% stake in Changsha Kaiyuan Instruments Co., Ltd. Long Ailing completed the acquisition of 5.01% stake in Changsha Kaiyuan Instruments Co., Ltd (SZSE:300338) from Luo Jianwen on July 20, 2020.株主還元300338CN ElectronicCN 市場7D-2.8%10.7%1.5%1Y-27.1%128.3%33.7%株主還元を見る業界別リターン: 300338過去 1 年間で128.3 % の収益を上げたCN Electronic業界を下回りました。リターン対市場: 300338は、過去 1 年間で33.7 % のリターンを上げたCN市場を下回りました。価格変動Is 300338's price volatile compared to industry and market?300338 volatility300338 Average Weekly Movement5.1%Electronic Industry Average Movement7.9%Market Average Movement6.5%10% most volatile stocks in CN Market10.1%10% least volatile stocks in CN Market4.3%安定した株価: 300338 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 300338の 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1992607Yangli Yuwww.kaiyuangufen.cn/開元教育科技集団有限公司は、中華人民共和国で石炭・コークス、代替燃料、食品・飼料、環境用途のメカニカルサンプラー、試料前処理装置、分析機器を製造・販売している。熱量計、硫黄、C/H/N元素、窒素/タンパク質、フッ素/塩素、水銀、無機炭素硫黄、クーロン硫黄、硫黄炭素、赤外硫黄、自動カドミウム、近位揮発物質、水分、オンライン分析装置、マッフル炉、水分乾燥オーブン、蛍光X線分析装置などを提供している。また、灰溶融判定装置、原料炭指数判定装置、ハードグローブ粉砕性指数試験機、スペアパーツも提供している。さらに、粉塵除去システム、試料調製コンビネーション装置およびシステム、粉砕機、試料分割機、ふるい振とう機、補助ツール、ハンマークラッシャー、ジョークラッシャー、ダブルローラークラッシャーなどの試料調製装置、クロスベルトサンプラー、鉄道・道路用ワゴンサンプラーなどの機械式サンプラー、オンライン試料調製システムも提供している。さらに、同社は管理システムやロボットによるインテリジェントな実験室システムも提供している。また、インドネシア、ベトナム、南アフリカ、メキシコ、フィリピン、タイ、韓国、マレーシア、ビルマ、ラオス、オーストラリア、インド、ウクライナ、EUなど約80カ国に製品を輸出している。同社は以前、長沙開元器械有限公司として知られていたが、2020年12月に開元教育科技集団有限公司に社名を変更した。Kaiyuan Education Technology Group Co., Ltd.は1992年に設立され、中華人民共和国の長沙に本社を置いている。もっと見るKaiyuan Education Technology Group Co., Ltd. 基礎のまとめKaiyuan Education Technology Group の収益と売上を時価総額と比較するとどうか。300338 基礎統計学時価総額CN¥1.11b収益（TTM）-CN¥142.71m売上高(TTM)CN¥129.16m8.6xP/Sレシオ-7.8xPER（株価収益率300338 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計300338 損益計算書（TTM）収益CN¥129.16m売上原価CN¥70.78m売上総利益CN¥58.38mその他の費用CN¥201.09m収益-CN¥142.71m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.40グロス・マージン45.20%純利益率-110.49%有利子負債／自己資本比率-5.3%300338 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation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2026/05/29 20:17終値2026/05/29 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Kaiyuan Education Technology Group Co., Ltd. 0 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。4 アナリスト機関Kai LiuEverbright Securities Co. Ltd.Xin MeiHuatai ResearchYuebo LiIndustrial Securities Co. Ltd.1 その他のアナリストを表示
New Risk • Apr 28New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥141m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥141m free cash flow). Negative equity (-CN¥112m).
Reported Earnings • Apr 28Full year 2025 earnings released: CN¥0.34 loss per share (vs CN¥0.35 loss in FY 2024)Full year 2025 results: CN¥0.34 loss per share (improved from CN¥0.35 loss in FY 2024). Revenue: CN¥136.0m (down 20% from FY 2024). Net loss: CN¥137.7m (loss narrowed 2.6% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 28Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 20, 2026Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China
お知らせ • Mar 31Kaiyuan Education Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
お知らせ • Dec 31Kaiyuan Education Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Kaiyuan Education Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026
Reported Earnings • Oct 27Third quarter 2025 earnings released: CN¥0.047 loss per share (vs CN¥0.045 loss in 3Q 2024)Third quarter 2025 results: CN¥0.047 loss per share (further deteriorated from CN¥0.045 loss in 3Q 2024). Revenue: CN¥36.9m (down 12% from 3Q 2024). Net loss: CN¥19.1m (loss widened 5.7% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
New Risk • Apr 28New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥141m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥141m free cash flow). Negative equity (-CN¥112m).
Reported Earnings • Apr 28Full year 2025 earnings released: CN¥0.34 loss per share (vs CN¥0.35 loss in FY 2024)Full year 2025 results: CN¥0.34 loss per share (improved from CN¥0.35 loss in FY 2024). Revenue: CN¥136.0m (down 20% from FY 2024). Net loss: CN¥137.7m (loss narrowed 2.6% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 28Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 20, 2026Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China
お知らせ • Mar 31Kaiyuan Education Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
お知らせ • Dec 31Kaiyuan Education Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Kaiyuan Education Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026
Reported Earnings • Oct 27Third quarter 2025 earnings released: CN¥0.047 loss per share (vs CN¥0.045 loss in 3Q 2024)Third quarter 2025 results: CN¥0.047 loss per share (further deteriorated from CN¥0.045 loss in 3Q 2024). Revenue: CN¥36.9m (down 12% from 3Q 2024). Net loss: CN¥19.1m (loss widened 5.7% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30Kaiyuan Education Technology Group Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025
New Risk • Sep 07New minor risk - Negative shareholders equityThe company has negative equity. Total equity: -CN¥18m This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. This is currently the only risk that has been identified for the company.
お知らせ • Jul 02Kaiyuan Education Technology Group Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Kaiyuan Education Technology Group Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • Apr 28Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 20, 2025Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 20, 2025, at 15:30 China Standard Time. Location: 5F, Building C, No. 4, Taixing Road, Yongping Street, Baiyun District, Guangzhou, Guangdong China
分析記事 • Apr 01There's Reason For Concern Over Kaiyuan Education Technology Group Co., Ltd.'s (SZSE:300338) Massive 32% Price JumpThose holding Kaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shares would be relieved that the share...
お知らせ • Mar 31Kaiyuan Education Technology Group Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025
分析記事 • Jan 13Kaiyuan Education Technology Group Co., Ltd.'s (SZSE:300338) Popularity With Investors Under Threat As Stock Sinks 26%Kaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shares have retraced a considerable 26% in the last month...
お知らせ • Dec 31Kaiyuan Education Technology Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025Kaiyuan Education Technology Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025
Reported Earnings • Oct 29Third quarter 2024 earnings released: CN¥0.045 loss per share (vs CN¥0.07 loss in 3Q 2023)Third quarter 2024 results: CN¥0.045 loss per share (improved from CN¥0.07 loss in 3Q 2023). Revenue: CN¥42.1m (down 46% from 3Q 2023). Net loss: CN¥18.1m (loss narrowed 36% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Sep 30Kaiyuan Education Technology Group Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
分析記事 • Sep 26Optimistic Investors Push Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338) Shares Up 41% But Growth Is LackingDespite an already strong run, Kaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shares have been powering...
Reported Earnings • Aug 29Second quarter 2024 earnings released: CN¥0.024 loss per share (vs CN¥0.023 loss in 2Q 2023)Second quarter 2024 results: CN¥0.024 loss per share (further deteriorated from CN¥0.023 loss in 2Q 2023). Revenue: CN¥59.8m (down 44% from 2Q 2023). Net loss: CN¥11.1m (loss widened 23% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
分析記事 • Aug 06Kaiyuan Education Technology Group Co., Ltd.'s (SZSE:300338) 28% Price Boost Is Out Of Tune With RevenuesKaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shareholders would be excited to see that the share price...
お知らせ • Jun 29Kaiyuan Education Technology Group Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Kaiyuan Education Technology Group Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • Jun 21The Market Doesn't Like What It Sees From Kaiyuan Education Technology Group Co., Ltd.'s (SZSE:300338) Revenues Yet As Shares Tumble 31%To the annoyance of some shareholders, Kaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shares are down a...
New Risk • Jun 05New major risk - Revenue and earnings growthEarnings have declined by 0.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥15m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-CN¥118m). Earnings have declined by 0.8% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Market cap is less than US$100m (CN¥437.4m market cap, or US$60.4m).
分析記事 • May 06Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338) Not Doing Enough For Some Investors As Its Shares Slump 28%Kaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shareholders won't be pleased to see that the share price...
Reported Earnings • May 01First quarter 2024 earnings released: CN¥0.02 loss per share (vs CN¥0.011 profit in 1Q 2023)First quarter 2024 results: CN¥0.02 loss per share (down from CN¥0.011 profit in 1Q 2023). Revenue: CN¥37.9m (down 65% from 1Q 2023). Net loss: CN¥6.89m (down 260% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • May 01Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 21, 2024Kaiyuan Education Technology Group Co., Ltd., Annual General Meeting, May 21, 2024, at 15:30 China Standard Time. Location: 7F, Building 3, No. 20, Puyuan Road, Yuehu Subdistrict, Kaifu District, Changsha, Hunan China
New Risk • Apr 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥163m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 0.4% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (4.7% increase in shares outstanding).
お知らせ • Mar 30Kaiyuan Education Technology Group Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024
分析記事 • Mar 07Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338) Surges 53% Yet Its Low P/S Is No Reason For ExcitementKaiyuan Education Technology Group Co., Ltd. ( SZSE:300338 ) shareholders are no doubt pleased to see that the share...
Board Change • Mar 01High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Non-Independent Director Yanan Bao was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
New Risk • Feb 05New 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥163m free cash flow). Earnings have declined by 0.4% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change).
お知らせ • Feb 03Kaiyuan Education Technology Group Co., Ltd. Announces Executive AppointmentsKaiyuan Education Technology Group Co., Ltd. at the Extraordinary General Meeting of 2024 held on 01 February 2024 approved election and nomination of non-independent directors, cumulative voting system applicable: Bao Yanan, non-independent director; Xiang Shun, non-independent director; An Jiuwen, non-independent director; Election and nomination of independent directors, cumulative voting system applicable: Liu Qinglin, independent director and Zhao Jinqiang, independent director; Election and nomination of non-employee supervisors, cumulative voting system applicable: Li Daorong, non-employee supervisor and Liu Bin, non-employee supervisor.
Board Change • Jan 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hua Bo Ning was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 30Kaiyuan Education Technology Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024Kaiyuan Education Technology Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024
Reported Earnings • Oct 26Third quarter 2023 earnings released: CN¥0.07 loss per share (vs CN¥0.40 profit in 3Q 2022)Third quarter 2023 results: CN¥0.07 loss per share (down from CN¥0.40 profit in 3Q 2022). Revenue: CN¥77.9m (down 51% from 3Q 2022). Net loss: CN¥28.1m (down 121% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • Sep 30Kaiyuan Education Technology Group Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023Kaiyuan Education Technology Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥5.01, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 44x in the Electronic industry in China. Total loss to shareholders of 42% over the past three years.
New Risk • Aug 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (264% accrual ratio). Minor Risk Shareholders have been diluted in the past year (4.7% increase in shares outstanding).
Reported Earnings • Aug 28Second quarter 2023 earnings released: CN¥0.023 loss per share (vs CN¥0.055 loss in 2Q 2022)Second quarter 2023 results: CN¥0.023 loss per share (improved from CN¥0.055 loss in 2Q 2022). Revenue: CN¥107.4m (down 21% from 2Q 2022). Net loss: CN¥9.04m (loss narrowed 52% from 2Q 2022). 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 15% per year, which means it is significantly lagging earnings.
New Risk • Jun 30New 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 6.9% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (116% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.011 (vs CN¥0.15 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.011 (up from CN¥0.15 loss in 1Q 2022). Revenue: CN¥107.3m (down 37% from 1Q 2022). Net income: CN¥4.32m (up CN¥54.3m from 1Q 2022). Profit margin: 4.0% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 02Full year 2022 earnings released: EPS: CN¥0.10 (vs CN¥1.36 loss in FY 2021)Full year 2022 results: EPS: CN¥0.10 (up from CN¥1.36 loss in FY 2021). Revenue: CN¥647.1m (down 31% from FY 2021). Net income: CN¥34.6m (up CN¥495.4m from FY 2021). Profit margin: 5.3% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • Feb 07Li Xi completed the acquisition of 20% stake in Hunan Leshang Investment Fund Partnership Enterprise (Limited Partnership) from Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338).Li Xi agreed to acquire 20% stake in Hunan Leshang Investment Fund Partnership Enterprise (Limited Partnership) from Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338) for CNY 50 million on January 30, 2023. The board of Kaiyuan Education Technology Group has approved the deal on January 30, 2023.Li Xi completed the acquisition of 20% stake in Hunan Leshang Investment Fund Partnership Enterprise (Limited Partnership) from Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338) on February 6, 2023. As of February 6, 2023, The transfer has completed the registration modification and filing and issuance of business license. At the same time, Li Xi has paid the price of CNY 50 million.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Fulin Ding was the last director to join the board, commencing their role in 2019. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.17 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.40 (up from CN¥0.17 loss in 3Q 2021). Revenue: CN¥158.5m (down 45% from 3Q 2021). Net income: CN¥136.1m (up CN¥194.2m from 3Q 2021). Profit margin: 86% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 26Second quarter 2022 earnings released: CN¥0.055 loss per share (vs CN¥0.11 loss in 2Q 2021)Second quarter 2022 results: CN¥0.055 loss per share (up from CN¥0.11 loss in 2Q 2021). Revenue: CN¥136.1m (down 57% from 2Q 2021). Net loss: CN¥18.7m (loss narrowed 48% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Apr 30Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: CN¥1.36 loss per share (up from CN¥2.25 loss in FY 2020). Revenue: CN¥930.8m (up 9.5% from FY 2020). Net loss: CN¥460.8m (loss narrowed 40% from FY 2020). Revenue missed analyst estimates by 17%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Fulin Ding was the last director to join the board, commencing their role in 2019. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: CN¥1.15 loss per share (up from CN¥2.25 loss in FY 2020). Revenue: CN¥965.1m (up 14% from FY 2020). Net loss: CN¥391.4m (loss narrowed 49% from FY 2020). Revenue missed analyst estimates by 100%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 47%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 26Third quarter 2021 earnings released: CN¥0.17 loss per share (vs CN¥0.027 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥286.5m (down 4.6% from 3Q 2020). Net loss: CN¥58.1m (loss widened CN¥48.9m from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 24Second quarter 2021 earnings released: CN¥0.11 loss per share (vs CN¥0.12 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¥319.8m (up 38% from 2Q 2020). Net loss: CN¥36.2m (loss narrowed 11% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 25First quarter 2021 earnings released: CN¥0.25 loss per share (vs CN¥0.35 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥217.6m (up 57% from 1Q 2020). Net loss: CN¥86.0m (loss narrowed 29% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Jan 13New 90-day low: CN¥5.47The company is down 35% from its price of CN¥8.40 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Dec 28New 90-day low: CN¥6.92The company is down 18% from its price of CN¥8.47 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period.
Is New 90 Day High Low • Nov 10New 90-day low: CN¥7.37The company is down 12% from its price of CN¥8.40 on 12 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥853.6m, with earnings decreasing by CN¥889.8m from the prior year. Total revenue was CN¥952.2m over the last 12 months, down 43% from the prior year.
Is New 90 Day High Low • Oct 25New 90-day low: CN¥8.05The company is down 3.0% from its price of CN¥8.27 on 27 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period.
お知らせ • Aug 13Changsha Kaiyuan Instruments Co., Ltd to Report First Half, 2020 Results on Aug 28, 2020Changsha Kaiyuan Instruments Co., Ltd announced that they will report first half, 2020 results on Aug 28, 2020
お知らせ • Jul 30Long Ailing completed the acquisition of 5.01% stake in Changsha Kaiyuan Instruments Co., Ltd (SZSE:300338) from Luo Jianwen.Long Ailing agreed to acquire 5.01% stake in Changsha Kaiyuan Instruments Co., Ltd (SZSE:300338) from Luo Jianwen for approximately CNY 120 million on June 24, 2020. Under the terms of the transaction, Long Ailing will pay CNY 7.05 per share to acquire 17.2 million shares in Changsha Kaiyuan Instruments Co., Ltd. Long Ailing shall pay the first share transfer price of CNY 24.252 million to Luo Jianwen within two days after this agreement takes effect and obtains the share agreement transfer confirmation issued by Shenzhen Stock Exchange. Long Ailing shall pay Luo Jianwen a share transfer price of CNY 36.378 million within 2 months from the date that Luo Jianwen completes the transfer of all subject shares to Long Ailing. Long Ailing shall pay the remaining share transfer price of CNY 60.63 million yuan to Luo Jianwen before December 30, 2020. Upon completion, Luo Jianwen will own 6.79% stake in Changsha Kaiyuan Instruments Co., Ltd. Long Ailing completed the acquisition of 5.01% stake in Changsha Kaiyuan Instruments Co., Ltd (SZSE:300338) from Luo Jianwen on July 20, 2020.
