China East Education Holdings' (HKG:667) Returns On Capital Not Reflecting Well On The Business
Dec 19
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Education Services Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies37
- 7D-1.8%
- 3M-2.6%
- 1Y-14.4%
- YTDn/a
Over the last 7 days, the Education Services industry has dropped 2.6%, driven by China Education Group Holdings declining 7.7%. On the other hand China New Higher Education Group is actually up 19%. The industry has fallen 14% in the last year. Earnings are forecast to grow by 19% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | HK$67.0b | HK$51.1b | HK$9.5b | 5x | 7x | 1.3x |
| Mon, 18 Nov 2024 | HK$71.5b | HK$50.0b | HK$9.9b | 3.6x | 7.2x | 1.4x |
| Wed, 16 Oct 2024 | HK$73.6b | HK$50.7b | HK$10.0b | 3.8x | 7.4x | 1.5x |
| Fri, 13 Sep 2024 | HK$65.5b | HK$50.5b | HK$10.0b | 3.5x | 6.6x | 1.3x |
| Sun, 11 Aug 2024 | HK$70.1b | HK$49.7b | HK$9.6b | 3.9x | 7.3x | 1.4x |
| Tue, 09 Jul 2024 | HK$71.4b | HK$48.9b | HK$9.5b | 4.2x | 7.5x | 1.5x |
| Thu, 06 Jun 2024 | HK$78.7b | HK$49.0b | HK$9.5b | 4.5x | 8.3x | 1.6x |
| Sat, 04 May 2024 | HK$81.6b | HK$48.4b | HK$9.4b | 4.7x | 8.7x | 1.7x |
| Mon, 01 Apr 2024 | HK$97.6b | HK$52.4b | HK$10.6b | 7.3x | 9.2x | 1.9x |
| Wed, 28 Feb 2024 | HK$105.5b | HK$51.3b | HK$8.9b | 6.3x | 11.8x | 2.1x |
| Fri, 26 Jan 2024 | HK$99.4b | HK$52.0b | HK$9.0b | 7.2x | 11.1x | 1.9x |
| Sun, 24 Dec 2023 | HK$107.7b | HK$51.4b | HK$9.4b | 7.9x | 11.5x | 2.1x |
| Tue, 21 Nov 2023 | HK$112.1b | HK$48.7b | HK$9.6b | 5.2x | 11.7x | 2.3x |
| Thu, 19 Oct 2023 | HK$121.7b | HK$47.9b | HK$8.6b | 5.4x | 14.2x | 2.5x |
| Sat, 16 Sep 2023 | HK$129.0b | HK$48.1b | HK$8.6b | 5.4x | 15x | 2.7x |
| Mon, 14 Aug 2023 | HK$110.4b | HK$41.7b | HK$9.7b | 5.8x | 11.4x | 2.6x |
| Wed, 12 Jul 2023 | HK$101.5b | HK$42.0b | HK$9.8b | 8.5x | 10.4x | 2.4x |
| Fri, 09 Jun 2023 | HK$107.8b | HK$42.4b | HK$9.9b | 7.4x | 10.9x | 2.5x |
| Sun, 07 May 2023 | HK$111.5b | HK$43.7b | HK$10.2b | 7.5x | 10.9x | 2.5x |
| Tue, 04 Apr 2023 | HK$126.7b | HK$43.1b | HK$10.1b | 7.1x | 12.5x | 2.9x |
| Thu, 02 Mar 2023 | HK$147.5b | HK$42.5b | HK$9.4b | 7.3x | 15.7x | 3.5x |
| Sat, 28 Jan 2023 | HK$189.8b | HK$42.8b | HK$9.8b | 7.5x | 19.3x | 4.4x |
| Mon, 26 Dec 2022 | HK$158.1b | HK$39.5b | HK$8.7b | 7.3x | 18.1x | 4x |
| Wed, 23 Nov 2022 | HK$119.9b | HK$36.8b | HK$3.4b | 5.6x | 35.6x | 3.3x |
| Fri, 21 Oct 2022 | HK$98.2b | HK$36.8b | HK$3.4b | 5.4x | 29.3x | 2.7x |
| Sun, 18 Sep 2022 | HK$98.7b | HK$37.9b | HK$3.5b | 6.2x | 28x | 2.6x |
| Tue, 16 Aug 2022 | HK$94.1b | HK$41.3b | HK$2.0b | 7.4x | 47.7x | 2.3x |
| Thu, 14 Jul 2022 | HK$96.6b | HK$41.5b | HK$2.0b | 7.9x | 48.8x | 2.3x |
| Sat, 11 Jun 2022 | HK$86.3b | HK$41.7b | HK$1.9b | 7x | 45.3x | 2.1x |
| Mon, 09 May 2022 | HK$76.7b | HK$41.4b | HK$2.0b | 6.9x | 38x | 1.9x |
| Wed, 06 Apr 2022 | HK$86.8b | HK$42.5b | HK$2.1b | 7.3x | 41.2x | 2x |
| Fri, 04 Mar 2022 | HK$97.5b | HK$45.2b | HK$5.6b | 6.9x | 17.3x | 2.2x |
| Sun, 30 Jan 2022 | HK$98.4b | HK$44.8b | HK$5.7b | 8.6x | 17.3x | 2.2x |
| Tue, 28 Dec 2021 | HK$130.9b | HK$47.0b | HK$6.0b | 10.3x | 21.7x | 2.8x |
Price to Earnings Ratio
21.7x
Current Industry PE
- Investors are pessimistic on the Hong Kong Education Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 7.1x which is lower than its 3-year average PE of 18.3x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Education Services industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 2.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Education Services compare with similar industries?
| HK Market | -0.53% | |
| Consumer Discretionary | -1.32% | |
| Consumer Services | -2.23% | |
| Education Services | -1.77% | |
| Specialized Consumer Services | -3.30% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2001 China New Higher Education Group | HK$1.20 | 10.1% +HK$169.7m | -41.5% | PE2.3x | |
| 1890 China Kepei Education Group | HK$1.38 | 3.8% +HK$100.7m | 7.8% | PE3.2x | |
| 1756 China Vocational Education Holdings | HK$0.68 | 13.3% +HK$96.0m | 7.9% | PE1.7x | |
| 2175 China General Education Group | HK$1.50 | 8.7% +HK$60.7m | n/a | PE6.6x | |
| 2779 China Xinhua Education Group | HK$0.71 | 4.4% +HK$48.3m | 39.2% | PE3.2x |
