공시 • Apr 29
Offcn Education Technology Co., Ltd., Annual General Meeting, May 20, 2026 Offcn 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 31
Offcn Education Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Offcn Education Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 공시 • Dec 31
Offcn Education Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Offcn Education Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 공시 • Sep 30
Offcn Education Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Offcn Education Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 공시 • Jul 02
Offcn Education Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Offcn Education Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 공시 • Jun 02
Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 25, 2025 Offcn 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 31
Offcn Education Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Offcn Education Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 공시 • Feb 18
Offcn Education Technology Co., Ltd. Approves Board and Supervisor Elections Offcn 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 31
Offcn Education Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Offcn Education Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 31
Third 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 30
Offcn Education Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Offcn Education Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 29
Second 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 09
New minor risk - Share price stability The 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 29
Offcn Education Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Offcn Education Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 공시 • May 29
Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 26, 2024 Offcn 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 01
First quarter 2024 earnings released First 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 30
Offcn Education Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Offcn Education Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 New Risk • Nov 11
New major risk - Financial position The 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 01
Third 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 31
New major risk - Financial position The 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 30
Second quarter 2023 earnings released Second 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 06
Offcn Education Technology Co., Ltd., Annual General Meeting, Jun 26, 2023 Offcn 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 29
First quarter 2023 earnings released First 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 30
Third 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 03
Second 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 30
Full 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 29
High number of new directors Independent Director Yuqin Chen was the last director to join the board, commencing their role in 2022. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improved over the past week After 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 10
Investor sentiment improved over the past week After 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 01
Second 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 18
Investor sentiment deteriorated over the past week After 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 22
Investor sentiment deteriorated over the past week After 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 01
Full 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 09
New 90-day low: CN¥30.85 The 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 11
New 90-day low: CN¥33.13 The 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 01
Third quarter earnings released Over 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 01
Third-quarter earnings released: Revenue beats expectations Third-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 17
New 90-day high: CN¥38.18 The 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.