View ValuationOffcn Education Technology 향후 성장Future 기준 점검 3/6Offcn Education Technology은 연간 수입과 매출이 각각 56.4%와 10.2% 증가할 것으로 예상되고 EPS는 연간 55.5%만큼 증가할 것으로 예상됩니다.핵심 정보56.4%이익 성장률55.46%EPS 성장률Consumer Services 이익 성장46.3%매출 성장률10.2%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트30 Apr 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • 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 China공시 • 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, 2026공시 • 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, 2026공시 • 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, 2025공시 • 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, 2025공시 • 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 China공시 • 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, 2025공시 • 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.공시 • 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, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.091 in 3Q 2023)Third 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 33% per year, which means it is significantly lagging earnings.공시 • 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, 2024Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.009 in 2Q 2023)Second 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 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.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).공시 • 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, 2024공시 • 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 ChinaReported 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.공시 • 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, 2024New 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 released: EPS: CN¥0.091 (vs CN¥0.011 in 3Q 2022)Third 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 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.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 releasedSecond 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 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.공시 • 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.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.011 (vs CN¥0.085 loss in 3Q 2021)Third 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 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 03Second quarter 2022 earnings released: CN¥0.062 loss per share (vs CN¥0.089 loss in 2Q 2021)Second 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). Over the next year, revenue is forecast to grow 83%, compared to a 66% growth forecast for the Consumer Services industry in China.Reported Earnings • Apr 30Full year 2021 earnings released: CN¥0.38 loss per share (vs CN¥0.37 profit in FY 2020)Full 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). 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.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥13.38, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Consumer Services industry in China. Total loss to shareholders of 65% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥18.56 per share.Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥13.04, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 26x in the Consumer Services industry in China. Total loss to shareholders of 61% over the past year.Reported Earnings • Sep 01Second 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).Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥15.30, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 29x in the Consumer Services industry in China. Total loss to shareholders of 52% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥28.18 per share.Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥20.52, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 39x in the Consumer Services industry in China. Total loss to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.20 per share.Reported Earnings • May 01Full year 2020 earnings released: EPS CN¥0.37 (vs CN¥0.29 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥11.2b (up 22% from FY 2019). Net income: CN¥2.30b (up 28% from FY 2019). Profit margin: 21% (in line with FY 2019).Is New 90 Day High Low • Mar 09New 90-day low: CN¥30.85The company is down 17% from its price of CN¥36.95 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥67.78 per share.Is New 90 Day High Low • Jan 11New 90-day low: CN¥33.13The company is down 9.0% from its price of CN¥36.25 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 3.0% 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.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 beats expectationsThird-quarter revenue exceeded analyst estimates by 8.0% at CN¥4.63b. 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 17New 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 14% 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.이익 및 매출 성장 예측XSEC:002607 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20283,045694N/AN/A112/31/20272,665559N/AN/A212/31/20262,468389N/AN/A13/31/20262,26256484491N/A12/31/20252,23749380423N/A9/30/20252,184107273321N/A6/30/20252,334130333380N/A3/31/20252,438141452495N/A12/31/20242,627184551557N/A9/30/20242,521-283153158N/A6/30/20242,806-176174179N/A3/31/20242,961-151-165-161N/A12/31/20233,086-209-803-800N/A9/30/20233,597-36-1,192-1,191N/A6/30/20234,326-128-837-775N/A3/31/20234,501-613-405-306N/A1/1/20234,825-1,101680787N/A9/30/20224,504-2,3012,4891,137N/A6/30/20224,282-3,163-738-2,126N/A3/31/20226,073-2,974-1,854-3,252N/A1/1/20226,912-2,370-5,465-4,098N/A9/30/202110,06593-8,735-5,481N/A6/30/202113,2512,440-3,401-120N/A3/31/202112,0242,329-1,2162,072N/A12/31/202011,2022,3043,5574,882N/A9/30/202010,4562,1675,0486,149N/A6/30/20208,3471,0788332,183N/A3/31/20209,0951,8151,0922,615N/A12/31/20199,1761,805N/A2,474N/A9/30/20198,2251,570N/A2,301N/A6/30/20197,4301,434N/A2,632N/A3/31/20196,7391,311N/A1,777N/A12/31/20186,2371,153N/A1,408N/A12/31/20174,031525N/A999N/A12/31/20162,584327N/A1,153N/A12/31/20152,076161N/A553N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 002607 의 연간 예상 수익 증가율(56.4%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 002607 의 연간 수익(56.4%)이 CN 시장(27.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 002607 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 002607 의 수익(연간 10.2%)이 CN 시장(연간 16.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 002607 의 수익(연간 10.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 002607의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 17:02종가2026/05/25 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Offcn Education Technology Co., Ltd.는 11명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Liping ZhaoChina International Capital Corporation LimitedKai LiuEverbright Securities Co. Ltd.Timothy ZhaoGoldman Sachs8명의 분석가 더 보기
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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.
공시 • 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
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.091 in 3Q 2023)Third 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 33% per year, which means it is significantly lagging earnings.
공시 • 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
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.009 in 2Q 2023)Second 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 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.
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).
공시 • 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
공시 • 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
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.
공시 • 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
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 released: EPS: CN¥0.091 (vs CN¥0.011 in 3Q 2022)Third 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 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.
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 releasedSecond 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 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.
공시 • 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.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.011 (vs CN¥0.085 loss in 3Q 2021)Third 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 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 03Second quarter 2022 earnings released: CN¥0.062 loss per share (vs CN¥0.089 loss in 2Q 2021)Second 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). Over the next year, revenue is forecast to grow 83%, compared to a 66% growth forecast for the Consumer Services industry in China.
Reported Earnings • Apr 30Full year 2021 earnings released: CN¥0.38 loss per share (vs CN¥0.37 profit in FY 2020)Full 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). 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.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥13.38, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Consumer Services industry in China. Total loss to shareholders of 65% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥18.56 per share.
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥13.04, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 26x in the Consumer Services industry in China. Total loss to shareholders of 61% over the past year.
Reported Earnings • Sep 01Second 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).
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥15.30, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 29x in the Consumer Services industry in China. Total loss to shareholders of 52% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥28.18 per share.
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥20.52, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 39x in the Consumer Services industry in China. Total loss to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.20 per share.
Reported Earnings • May 01Full year 2020 earnings released: EPS CN¥0.37 (vs CN¥0.29 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥11.2b (up 22% from FY 2019). Net income: CN¥2.30b (up 28% from FY 2019). Profit margin: 21% (in line with FY 2019).
Is New 90 Day High Low • Mar 09New 90-day low: CN¥30.85The company is down 17% from its price of CN¥36.95 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥67.78 per share.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥33.13The company is down 9.0% from its price of CN¥36.25 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 3.0% 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.
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 beats expectationsThird-quarter revenue exceeded analyst estimates by 8.0% at CN¥4.63b. 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 17New 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 14% 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.