Hong Kong (HSI) Education Services Industry Analysis

Industry Valuation and Performance

Has the Hong Kong Education Services Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 10 Aug 2022	HK$95.1b	HK$41.3b	HK$2.0b	7.4x	48.2x	2.3x
Fri, 08 Jul 2022	HK$100.7b	HK$41.6b	HK$2.0b	8.2x	50.8x	2.4x
Sun, 05 Jun 2022	HK$72.5b	HK$41.9b	HK$1.9b	6.4x	37.8x	1.7x
Tue, 03 May 2022	HK$82.1b	HK$42.9b	HK$2.4b	7.2x	34.8x	1.9x
Thu, 31 Mar 2022	HK$89.6b	HK$42.6b	HK$2.1b	6.9x	42.8x	2.1x
Sat, 26 Feb 2022	HK$98.9b	HK$45.2b	HK$5.6b	7.6x	17.5x	2.2x
Mon, 24 Jan 2022	HK$119.7b	HK$44.9b	HK$5.7b	9.9x	21x	2.7x
Wed, 22 Dec 2021	HK$129.4b	HK$47.0b	HK$6.0b	10.5x	21.5x	2.8x
Fri, 19 Nov 2021	HK$149.6b	HK$45.7b	HK$8.8b	10.7x	17.1x	3.3x
Sun, 17 Oct 2021	HK$158.9b	HK$44.9b	HK$8.5b	11.2x	18.6x	3.5x
Tue, 14 Sep 2021	HK$147.9b	HK$44.6b	HK$8.4b	10.9x	17.7x	3.3x
Thu, 12 Aug 2021	HK$159.7b	HK$44.6b	HK$8.4b	12.7x	19.1x	3.6x
Mon, 07 Jun 2021	HK$238.6b	HK$41.4b	HK$7.6b	20.8x	31.4x	5.8x
Sun, 28 Feb 2021	HK$248.3b	HK$39.3b	HK$7.2b	20.1x	34.4x	6.3x
Wed, 02 Dec 2020	HK$258.0b	HK$36.4b	HK$6.7b	22.7x	38.6x	7.1x
Sat, 05 Sep 2020	HK$274.0b	HK$32.4b	HK$6.1b	22.9x	45.1x	8.5x
Tue, 09 Jun 2020	HK$228.0b	HK$31.1b	HK$6.9b	18.4x	32.9x	7.3x
Mon, 02 Mar 2020	HK$207.3b	HK$31.4b	HK$7.8b	17.7x	26.4x	6.6x
Thu, 05 Dec 2019	HK$170.9b	HK$28.7b	HK$7.5b	16x	22.9x	5.9x
Sun, 08 Sep 2019	HK$164.0b	HK$26.7b	HK$7.2b	19.7x	22.6x	6.1x

Current Industry PE

Investors are optimistic on the Hong Kong Education Services industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 48.5x which is higher than its 3-year average PE of 30.0x.

The 3-year average PS ratio of 5.2x is higher than the industry's current PS ratio of 2.3x.

Past Earnings Growth

The earnings for companies in the Education Services industry have declined 35% per year over the last three years.
Meanwhile revenues for these companies have grown 16% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Hong Kong Education Services compare with similar industries?


HK Market	1.51%
Consumer Discretionary	0.13%
Consumer Services	1.67%
Education Services	2.09%
Specialized Consumer Services	0.35%

Industry PEThere is insufficient data on the sub-industries of this industry.

Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
1797 Koolearn Technology Holding	HK$20.10	3.8% +HK$741.7m	292.6%	PS13.2x
1765 Hope Education Group	HK$0.69	6.2% +HK$321.1m	-52.7%	PE8.5x
1935 JH Educational Technology	HK$3.60	5.9% +HK$320.2m	83.7%	PE15.2x
6169 China YuHua Education	HK$1.19	4.4% +HK$179.7m	-75.2%	PE2.5x
1569 Minsheng Education Group	HK$0.69	6.2% +HK$168.7m	-46.1%	PE4.3x

Company

Last Price

Valuation

1797 Koolearn Technology Holding

HK$20.10

3.8%
+HK$741.7m

292.6%

PS13.2x

1765 Hope Education Group

HK$0.69

6.2%
+HK$321.1m

-52.7%

PE8.5x

1935 JH Educational Technology

HK$3.60

5.9%
+HK$320.2m

83.7%

PE15.2x

6169 China YuHua Education

HK$1.19

4.4%
+HK$179.7m

-75.2%

PE2.5x

1569 Minsheng Education Group

HK$0.69

6.2%
+HK$168.7m

-46.1%

PE4.3x

China General Education Group Limited Announces Board Changes

The board of directors of China General Education Group Limited announced that Mr. Yau Wai Man Philip ("Mr. Yau") has tendered his resignation as an independent non-executive director of the Company with effect from 20 July 2022 in order to devote more of his time and dedication to his other work commitments. The Board announced that Mr. Wong Chi Wah has been appointed as an independent non-executive director of the Company with effect from 20 July 2022. Mr. WONG Chi Wah, aged 48, has over 20 years of experience in auditing andaccounting fields. He has been the chief financial officer of Wanguo International MiningGroup Limited (a company listed on The Stock Exchange of Hong Kong Limited (the "StockExchange") with stock code 3939) since July 2011 and its company secretary since May2012. From February 2010 to June 2011, Mr. Wong served as the chief financial controllerand company secretary of China Automotive Interior Decoration Holdings Limited (acompany listed on the Stock Exchange with stock code 48). Mr. Wong served as the financialcontroller of Kingsun-Aima Biotech Co. Ltd. from 2003 to 2010. Mr. Wong worked at Ernst& Young from February 2000 to September 2003, with his last position as senior accountant,and worked at RSM Nelson Wheeler from June 1996 to January 2000, with his last position asaudit senior. Mr. Wong obtained a bachelor's degree in accountancy from The Hong Kong PolytechnicUniversity in November 1996. He is a fellow member of the Association of CharteredCertified Accountants and a member of the Hong Kong Institute of Certified PublicAccountants. Following the resignation of Mr. Yau as an independent non-executive director, he ceasesto be the chairman of the audit committee of the Board (the "Audit Committee") and amember of the remuneration committee of the Board (the "Remuneration Committee").Mr. Wong has been appointed as the chairman of the Audit Committee and a member of theRemuneration Committee with effect from 20 July 2022.

Hong Kong (HSI) Education Services Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

1569

Be Wary Of Minsheng Education Group (HKG:1569) And Its Returns On Capital

1890

Upcoming dividend of HK$0.06 per share

1935

JH Educational Technology INC. Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022

32

The Cross-Harbour (Holdings) Limited Provides Earnings Guidance for the Six Months Ended June 30, 2022

1969

Investor sentiment improved over the past week

2175

China General Education Group Limited Announces Board Changes

6169

Investor sentiment deteriorated over the past week

839

There Are Reasons To Feel Uneasy About China Education Group Holdings' (HKG:839) Returns On Capital

6913

South China Vocational Education Group Company Limited Announces Executive Changes

1773

Chairman of the Board & CEO recently bought HK$5.2m worth of stock

2779

China Xinhua Education Group's (HKG:2779) Shareholders Will Receive A Bigger Dividend Than Last Year

2001

At HK$2.73, Is China New Higher Education Group Limited (HKG:2001) Worth Looking At Closely?

1765

What Does Hope Education Group Co., Ltd.'s (HKG:1765) Share Price Indicate?

9616

Neusoft Education Technology's (HKG:9616) Shareholders Will Receive A Bigger Dividend Than Last Year

1797

Here's Why We're Watching Koolearn Technology Holding's (HKG:1797) Cash Burn Situation

1082

First half 2022 earnings: Revenues and EPS in line with analyst expectations