Board Change • Jul 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Director Lian Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Director Lian Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 28
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: US$0.001 loss per share (up from US$0.002 loss in 3Q 2020). Revenue: US$1.81m (up 68% from 3Q 2020). Net loss: US$37.5k (loss narrowed 60% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS US$0.008 (vs US$0.017 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$3.99m (up 7.0% from 2Q 2020). Net income: US$382.8k (down 52% from 2Q 2020). Profit margin: 9.6% (down from 21% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 02
First quarter 2021 earnings released: US$0.006 loss per share (vs US$0.007 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: US$1.23m (up 105% from 1Q 2020). Net loss: US$304.9k (loss narrowed 7.5% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • May 03
Full year 2020 earnings released: EPS US$0.005 (vs US$0.01 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$7.43m (down 21% from FY 2019). Net income: US$243.2k (up US$717.3k from FY 2019). Profit margin: 3.3% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. 공시 • Mar 04
China Education Resources Inc. Launches Online School Safety Training Program for K- 12 Teachers China Education Resources Inc. provided shareholders and investors with an update on its business development. CER has launched its Online School Safety Training Program for K-12 teachers. Healthy school support student learning, development, and well-being by providing safety, support, academic challenge, healthy foods, time and space to be active, and opportunities for social and emotional development. Healthy schools require a positive school climate that supports the social and emotional development of students and adults. Such a climate can reduce inequities and enable students to thrive. The COVID-19 pandemic has changed the school environment significantly and brought about an increased number of challenges to educators, students and their families. Students learn best when they are in an environment in which they feel safe, supported, challenged, and accepted. School administrators and teachers are required to work with students' families together to focus on improving school climate; in doing so, students and parents are more likely to engage in the curriculum, develop positive relationships, and demonstrate positive behaviors. It is critical to provide teachers with the help and tools needed to navigate these unprecedented challenges. The School Safety Training program, together with other CER training programs launched during the span of the COVID-19 pandemic, has been created in direct response to market demand, especially from the teacher community. Other CER training programs launched during the pandemic include CER's Online Psychological Counselling Training Program, as well as CER's other new teachers' training programs announced in 2020 such as its Online Teachers' Manners and Etiquette Training Programs in addition to its Online IT Proficiency Training Program. Reported Earnings • Nov 29
Third quarter 2020 earnings released: US$0.002 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: US$1.08m (up 27% from 3Q 2019). Net loss: US$92.6k (loss narrowed 30% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 101% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. 공시 • Jun 18
China Education Resources Inc. Auditor Raises 'Going Concern' Doubt China Education Resources Inc. filed its Annual on Jun 15, 2020 for the period ending Dec 31, 2019. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern. 