Aankondiging • Apr 16
China Maple Leaf Educational Systems Limited to Report First Half, 2026 Results on Apr 28, 2026 China Maple Leaf Educational Systems Limited announced that they will report first half, 2026 results on Apr 28, 2026 Aankondiging • Dec 19
China Maple Leaf Educational Systems Limited, Annual General Meeting, Feb 27, 2026 China Maple Leaf Educational Systems Limited, Annual General Meeting, Feb 27, 2026, at 10:45 China Standard Time. Location: conference room, 6/f, no. 13, baolong first road, baolong street, longgang district, guangdong province 518116, shenzhen China Aankondiging • Nov 22
China Maple Leaf Educational Systems Limited Provides Group Earnings Guidance for the Year Ended 31 August 2025 China Maple Leaf Educational Systems Limited provided group earnings guidance for the year ended 31 August 2025. For the year, the group expects to record a profit attributable to owners of the Company of not less than RMB 300.0 million for Fiscal Year 2025 as compared to the profit of approximately RMB 15.5 million for Fiscal Year 2024. Based on the Available Information, the Board considers that the substantial increase in profit is mainly attributable to: a substantial increase in other gains and losses from a loss of approximately RMB 4.0 million for Fiscal Year 2024 to a gain of not less than RMB 225.0 million as a result of the non-recurrence of the loss arising from fair value changes of convertible bonds of approximately RMB 28.2 million which was recorded in Fiscal Year 2024 upon their full repayment; the gain on bargain purchase of a subsidiary while there was no such a gain for Fiscal Year 2024; and the gain on derecognition of other payable to deregistered related parties while there was no such a gain for Fiscal Year 2024; and a substantial decrease in finance costs in Fiscal Year 2025 as a result of the decrease in interest expenses on secured bank and other borrowings and the absence of interest expense on convertible bonds in Fiscal Year 2025 as a result of the full repayment of convertible bonds during Fiscal Year 2024. Aankondiging • Nov 17
China Maple Leaf Educational Systems Limited to Report Fiscal Year 2025 Results on Nov 28, 2025 China Maple Leaf Educational Systems Limited announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Nov 28, 2025 Aankondiging • Aug 29
China Maple Leaf Educational Systems Limited Announces Resignation of Kem Hussain as A Non-Executive Director with Effect from 31 August 2025 China Maple Leaf Educational Systems Limited announced that Dr. Kem Hussain ("Dr. Hussain") has tendered his resignation as a non-executive Director with effect from 31 August 2025 due to pursuit for business career opportunities. Aankondiging • Apr 18
China Maple Leaf Educational Systems Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 28 February 2025 China Maple Leaf Educational Systems Limited provided unaudited consolidated earnings guidance for the six months ended 28 February 2025. For the year, the group expects to record a profit attributable to owners of the Company of not less than RMB 110.0 million for 6M2025 as compared to the loss of approximately RMB 42.2 million for 6M2024. Based on the Available Information, the Board considers that the change from loss to profit is mainly attributable to: an increase in other gains and losses from a loss of approximately RMB 55.5 million for 6M2024 to a gain of not less than RMB9.0 million as a result of (i) the net foreign exchange gain of not less than RMB 2.0 million for 6M2025 (6M2024: the net foreign exchange loss of approximately RMB 31.5 million), and (ii) the absence of the loss arsing from fair value changes of convertible bonds of approximately RMB 28.2 million for 6M2024; and (b) decreases in marketing expenses and administrative expenses, and a substantial decrease in finance costs for 6M2025. For illustration purpose only, the Group is expected to record an increase of not less than 10.0% in the adjusted EBITDA (Note) for 6M2025 (6M2024: approximately RMB 249.4 million). Aankondiging • Apr 15
China Maple Leaf Educational Systems Limited to Report First Half, 2025 Results on Apr 29, 2025 China Maple Leaf Educational Systems Limited announced that they will report first half, 2025 results on Apr 29, 2025 Aankondiging • Dec 19
China Maple Leaf Educational Systems Limited, Annual General Meeting, Feb 21, 2025 China Maple Leaf Educational Systems Limited, Annual General Meeting, Feb 21, 2025, at 09:30 China Standard Time. Location: conference room, 6/f, no. 13, baolong first road, baolong street, longgang district, guangdong province 518116, shenzhen China Aankondiging • Nov 15
China Maple Leaf Educational Systems Limited to Report Fiscal Year 2024 Results on Nov 28, 2024 China Maple Leaf Educational Systems Limited announced that they will report fiscal year 2024 results on Nov 28, 2024 New Risk • Sep 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 43% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€81.3m market cap, or US$90.5m). New Risk • Aug 05
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 German stocks, typically moving 7.6% 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 Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (€83.5m market cap, or US$91.6m). New Risk • Jul 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €91.6m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings have declined by 43% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€91.6m market cap, or US$99.7m). Buy Or Sell Opportunity • Jul 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to €0.025. The fair value is estimated to be €0.032, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 02
First half 2024 earnings released: CN¥0.014 loss per share (vs CN¥0.005 profit in 1H 2023) First half 2024 results: CN¥0.014 loss per share (down from CN¥0.005 profit in 1H 2023). Revenue: CN¥658.0m (up 14% from 1H 2023). Net loss: CN¥42.2m (down 373% from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Aankondiging • Apr 19
China Maple Leaf Educational Systems Limited to Report First Half, 2024 Results on Apr 29, 2024 China Maple Leaf Educational Systems Limited announced that they will report first half, 2024 results on Apr 29, 2024 Aankondiging • Feb 29
China Maple Leaf Educational Systems Limited Announces Board Changes The board of directors of China Maple Leaf Educational Systems Limited announced that on 29 February 2024, the Board has resolved to appoint Mr. Ming Sang Chow (Mr. Chow) as an independent non-executive Director and the chairman of the audit committee (Audit Committee) of the Board, with effect from 1 March 2024 to take up such roles as a result of the re-designation of Mr. Lau from an independent non-executive Director to an executive Director. Mr. Chow, aged 50, obtained his bachelor degree of Business Administration in Accounting from The Hong Kong University of Science and Technology in 1995. Mr. Chow is a fellow member of the Hong Kong Institute of Certified Public Accountants, a fellow member of the Association of Chartered Certified Accountants and a Certified Internal Auditors. Mr. Chow has over 27 years working experience in various industries in auditing, corporate governance and risk management advisory. He worked at Ernst & Young (China) Advisory Limited from January 2007 to September 2018 and he was the advisory partner of Ernst & Young (China) Advisory Limited since 2007 and was responsible for managing the Risk Advisory sub-service line's strategic growth and development in various regions of Mainland China since 2011. From 2014 to 2016, Mr. Chow became the Committee member of The Internal Controls General Standards Committee of The Ministry of Finance of the People's Republic of China, the only Hong Kong resident and Big Four partner being appointed as a committee member. Mr. Chow was the general manager of the Risk and Control Department of (Tahoe Group) from September 2018 to June 2019, overseeing the company's risk management and corporate governance of all business sectors like residential, commercial, hotel, education, insurance, medical, estate management and ageing care. Since December 2023, Mr. Chow has been an independent director of Muyuan Foods Co. Ltd. Mr. Chow is currently the managing director of Beijing Xinshi Anye Management Consulting Co., Ltd, where he provides capital market related advisory services to companies mostly in Mainland China. Mr. Chow has been an independent non-executive director in a number of Hong Kong listed companies, namely Teamway International Group Holdings Limited since 21 June 2019, China Modern Dairy Holdings Ltd. since 1 July 2021, Redco Healthy Living Company Limited since 14 March 2022, and China Rundong Auto Group Limited from 18 December 2020 to 31 August 2022. Reference is made to the announcement of the Company dated 16 January 2024 in connection with the change in directors and important executive functions. As disclosed in such announcement, with effect from 1 March 2024, Ms. Jingxia Zhang will resign as an executive Director and co-chief financial officer of the Company and Mr. King Pak Lau would be redesignated from an independent non-executive Director to an executive Director. Ms. Jingxia Zhang will also resign from the position of authorised representative of the Company under Rule 3.05 of the Listing Rules with effect from 1 March 2024. Following her resignation, Mr. Lau will be appointed as one of the authorised representatives of the Company under Rule 3.05 of the Listing Rules with effect from 1 March 2024. Recent Insider Transactions • Dec 29
Founder recently bought €144k worth of stock On the 20th of December, Shu Liang Jen bought around 5m shares on-market at roughly €0.029 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €146k. Shu Liang has been a buyer over the last 12 months, purchasing a net total of €422k worth in shares. Aankondiging • Dec 22
China Maple Leaf Educational Systems Limited, Annual General Meeting, Jan 30, 2024 China Maple Leaf Educational Systems Limited, Annual General Meeting, Jan 30, 2024, at 09:30 China Standard Time. Location: Conference Room, 4/F, Main Building, No. 9 Central Street, Jinshitan National Holiday Resort, Dalian China Agenda: To receive and consider the audited consolidated financial statements of the Company and the reports of the directors of the Company ("Directors") and the auditor of the Company for each of the years ended 31 August 2022 and 31 August 2023; To re-elect Ms. Jingxia Zhang as an executive Director; To re-elect Mr. James William Beeke as an executive Director; To re-elect Mr. Peter Humphrey Owen as an independent non-executive Director; To re-elect Mr. King Pak Lau as an independent non-executive Director; and to discuss other matters. Recent Insider Transactions • Dec 22
Founder recently bought €146k worth of stock On the 15th of December, Shu Liang Jen bought around 5m shares on-market at roughly €0.03 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Shu Liang has been a buyer over the last 12 months, purchasing a net total of €278k worth in shares. Reported Earnings • Nov 30
Full year 2023 earnings released: EPS: CN¥0.002 (vs CN¥0.019 in FY 2022) Full year 2023 results: EPS: CN¥0.002 (down from CN¥0.019 in FY 2022). Revenue: CN¥1.15b (up 16% from FY 2022). Net income: CN¥5.12m (down 91% from FY 2022). Profit margin: 0.4% (down from 5.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. Aankondiging • Nov 17
China Maple Leaf Educational Systems Limited to Report Fiscal Year 2023 Results on Nov 29, 2023 China Maple Leaf Educational Systems Limited announced that they will report fiscal year 2023 results on Nov 29, 2023 Board Change • Nov 10
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director King Pak Lau was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Sep 20
China Maple Leaf Educational Systems Limited to Report Fiscal Year 2023 Results on Sep 29, 2023 China Maple Leaf Educational Systems Limited announced that they will report fiscal year 2023 results on Sep 29, 2023 Aankondiging • Aug 31
China Maple Leaf Educational Systems Limited Announces Board Changes, Effective on August 31, 2023 The board of directors of China Maple Leaf Educational Systems Limited announced that with effect from 31 August 2023, Mr. Alan Shaver will resign as an independent non-executive Director in order to pursue personal non-business activities. Upon his resignation, Mr. Shaver will cease to be the member of each of the audit committee of the Board, the remuneration committee of the Board, the nomination and corporate governance committee ("Nomination Committee") of the Board and the independent board committee of the Board established for, among other matters, conducting the Independent Investigation (as defined in the announcement of the Company dated 23 May 2022). Following the above resignation, Ms. Wai Fong Wong, an existing independent non-executive Director, will be appointed as the member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee with effect from 31 August 2023 to fill the vacancy. Aankondiging • Feb 03
China Maple Leaf Educational Systems Limited, Annual General Meeting, Feb 28, 2023 China Maple Leaf Educational Systems Limited, Annual General Meeting, Feb 28, 2023, at 09:30 China Standard Time. Location: Conference Room, 6/F, No. 13, Baolong First Road, Longgang District Shenzhen China Agenda: To consider and approve, each as a separate resolution; to re-appoint ZHONGHUI ANDA CPA Limited as the auditor and to authorise the Board to fix its remuneration; and to consider any other matters. Aankondiging • Dec 29
China Maple Leaf Educational Systems Limited Announces Board Appointments The board of directors of China Maple Leaf Educational Systems Limited announced that the Board has resolved to appoint (i) Ms. Wong Wai Fong ("Ms. Wong") as an independent non-executive Director and a member of the independent board committee of the Board ("IBC") established for, among other matters, conducting the Independent Investigation (as defined in the announcement of the Company dated 23 May 2022); and (ii) Dr. Kem Hussain ("Dr. Hussain") as a non- executive Director, all with effect from 1 January 2023. Ms. Wong Wai Fong, aged 62, will be appointed as an independent non-executive Director and a member of the IBC, all with effect from 1 January 2023. Ms. Wong obtained a Bachelor of Social Sciences from the University of Hong Kong in 1982. She obtained a Master of Business Administration from the Chinese University of Hong Kong and a Master of Laws in Corporate and Financial Law from the University of Hong Kong in 1989 and 2020 respectively. Ms. Wong obtained the Diploma in Management Consulting and Change from The University of Hong Kong and The Poon Kam Kai Institute of Management in 1999. She completed the Harvard Negotiation Master Class from Harvard Law School with a Certificate in 2021. Ms. Wong has 40 years of global financial experience covering central banks, multinational corporations, listed companies and family offices. Ms. Wong joined The Hongkong and Shanghai Banking Corporation Limited ("HSBC") as a Foreign Exchange Dealer Trainee in September 1982, becoming the first woman foreign exchange bank dealer in Hong Kong andwas subsequently seconded to HSBC London in 1983. After the secondment, her last position with the HSBC group was Senior Dealer Treasury Products (Foreign Exchange & Treasury Department) in April 1990. Since then, she has worked and held different senior management positions with various global banks, which included the Hongkong Bank of Canada (now known as HSBC Bank Canada) ("HSBC Canada"), the National Westminster Bank PLC's Hong Kong office, the Hong Kong office of Westdeutsche Landesbank Girozentrale (WestLB AG) Bank, a German state-backed merchant bank, and Standard Chartered Bank (Hong Kong) Limited. In 2007, Ms. Wong joined Goldman Sachs (Asia) L.L.C. in Hong Kong as an executive director of the Institutional Wealth Management of the Investment Management Division. She subsequently acted as an executive director at the Investment Banking Division of Goldman Sachs (Asia) L.L.C. in Hong Kong from 2011 to 2016. Ms. Wong has been a co-founder and managing partner of Alpha Grand Consulting Group Ltd. and Alpha Grand Real Estate Ltd, global financial consultancy firms headquartered in Hong Kong with representatives in Italy and Canada covering the European and North American markets since January 2017. She is responsible for managing proprietary real estate investment portfolios in the UK and Canada. Dr. Kem Hussain, aged 53, will be appointed as a non-executive Director with effect from 1 January 2023. Dr. Hussain obtained a Bachelor's Degree from the Faculty of Arabic Language of the Islamic University of Medina in 1993 and a Master of Arts from The University of Manchester in 1995. Dr. Hussain also obtained a Doctor of Education from the Nova Southeastern University in 2004, after which he completed his postdoctoral studies at the Independent Schools Institute of the Harvard Graduate School of Education in 2008. Dr. Hussain has around 20 years of experience in education and management of educational institutions. From 2002 to 2003, Dr. Hussain worked at the Florida International University as an adjunct professor and a lecturer. From 2005 to 2019, Dr. Hussain worked at the Universal Academy of Florida, with the last position as the president and superintendent. From 2008 to 2022, Dr. Hussain worked at the Nova Southeastern University as an adjunct professor. Dr. Hussain was also the superintendent at Garden of the Sahaba Academy from 2009 to 2020 and at Salah Tawfik Elementary & Middle School from 2008 to 2020. Dr. Hussain has been the director and vice president of Cognia Inc. (formerly AdvancED) since 2008. Dr. Hussain is also currently the president and chief executive officer of Rise University Systems, a registered postsecondary institution in San Jose, California. Aankondiging • Sep 19
China Maple Leaf Educational Systems Limited(SEHK:1317) dropped from S&P Global BMI Index China Maple Leaf Educational Systems Limited(SEHK:1317) dropped from S&P Global BMI Index Aankondiging • Apr 20
China Maple Leaf Educational Systems Limited to Report First Half, 2022 Results on Apr 29, 2022 China Maple Leaf Educational Systems Limited announced that they will report first half, 2022 results on Apr 29, 2022 Recent Insider Transactions • Jan 18
Founder recently bought €124k worth of stock On the 14th of January, Shu Liang Jen bought around 2m shares on-market at roughly €0.062 per share. In the last 3 months, they made an even bigger purchase worth €161k. Shu Liang has been a buyer over the last 12 months, purchasing a net total of €989k worth in shares. Recent Insider Transactions • Dec 29
Founder recently bought €69k worth of stock On the 22nd of December, Shu Liang Jen bought around 1m shares on-market at roughly €0.069 per share. In the last 3 months, they made an even bigger purchase worth €161k. Shu Liang has been a buyer over the last 12 months, purchasing a net total of €2.7m worth in shares. Recent Insider Transactions • Dec 16
Founder recently bought €161k worth of stock On the 14th of December, Shu Liang Jen bought around 2m shares on-market at roughly €0.081 per share. This was the largest purchase by an insider in the last 3 months. Shu Liang has been a buyer over the last 12 months, purchasing a net total of €2.5m worth in shares. Reported Earnings • Dec 15
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: CN¥0.23 loss per share (down from CN¥0.17 profit in FY 2020). Revenue: CN¥941.0m (down 38% from FY 2020). Net loss: CN¥675.9m (down 234% from profit in FY 2020). Revenue exceeded analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 140%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 42% per year, which means it has not declined as severely as earnings. Aankondiging • Nov 27
China Maple Leaf Educational Systems Limited Provides Preliminary Unaudited Group Earnings Guidance for the Year Ended August 31, 2021 China Maple Leaf Educational Systems Limited provided preliminary unaudited group earnings guidance for the year ended August 31, 2021. For the year, the group expects a substantial decrease in profit or even a loss against profit of RMB 509.1 million a year ago, due to expected impairment loss. Reported Earnings • May 27
First half 2021 earnings released: EPS CN¥0.074 (vs CN¥0.088 in 1H 2020) The company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CN¥1.10b (up 38% from 1H 2020). Net income: CN¥220.9m (down 16% from 1H 2020). Profit margin: 20% (down from 33% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • May 22
Founder recently bought €338k worth of stock On the 17th of May, Shu Liang Jen bought around 2m shares on-market at roughly €0.17 per share. This was the largest purchase by an insider in the last 3 months. Shu Liang has been a buyer over the last 12 months, purchasing a net total of €3.0m worth in shares. Reported Earnings • May 03
First half 2021 earnings released: EPS CN¥0.074 (vs CN¥0.088 in 1H 2020) The company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CN¥1.10b (up 38% from 1H 2020). Net income: CN¥220.9m (down 16% from 1H 2020). Profit margin: 20% (down from 33% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Jan 16
Founder recently bought €1.4m worth of stock On the 14th of January, Shu Liang Jen bought around 7m shares on-market at roughly €0.20 per share. This was the largest purchase by an insider in the last 3 months. Shu Liang has been a buyer over the last 12 months, purchasing a net total of €6.3m worth in shares. Is New 90 Day High Low • Dec 31
New 90-day low: €0.20 The company is down 14% from its price of €0.23 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.61 per share. Reported Earnings • Dec 23
Full year 2020 earnings released: EPS CN¥0.17 The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.53b (down 2.7% from FY 2019). Net income: CN¥505.3m (down 23% from FY 2019). Profit margin: 33% (down from 42% in FY 2019). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Dec 23
Revenue misses expectations Revenue missed analyst estimates by 6.6%. Over the next year, revenue is forecast to grow 46%, compared to a 7.8% growth forecast for the Consumer Services industry in Germany. Is New 90 Day High Low • Dec 10
New 90-day low: €0.21 The company is down 17% from its price of €0.25 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.51 per share. Recent Insider Transactions • Dec 04
Founder recently bought €243k worth of stock On the 1st of December, Shu Liang Jen bought around 1m shares on-market at roughly €0.24 per share. This was the largest purchase by an insider in the last 3 months. Shu Liang has been a buyer over the last 12 months, purchasing a net total of €4.4m worth in shares. Analyst Estimate Surprise Post Earnings • Dec 03
Revenue misses expectations Revenue missed analyst estimates by 6.6%. Over the next year, revenue is forecast to grow 48%, compared to a 7.7% growth forecast for the Consumer Services industry in Germany. Reported Earnings • Dec 01
Full year 2020 earnings released: EPS CN¥0.17 The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.53b (down 2.7% from FY 2019). Net income: CN¥505.3m (down 23% from FY 2019). Profit margin: 33% (down from 42% in FY 2019). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Dec 01
Revenue misses expectations Revenue missed analyst estimates by 6.6%. Over the next year, revenue is forecast to grow 62%, compared to a 7.7% growth forecast for the Consumer Services industry in Germany. Aankondiging • Dec 01
China Maple Leaf Educational Systems Limited, Annual General Meeting, Jan 27, 2021 China Maple Leaf Educational Systems Limited, Annual General Meeting, Jan 27, 2021. Aankondiging • Nov 17
China Maple Leaf Educational Systems Limited to Report Q4, 2020 Results on Nov 30, 2020 China Maple Leaf Educational Systems Limited announced that they will report Q4, 2020 results on Nov 30, 2020 Is New 90 Day High Low • Oct 27
New 90-day low: €0.22 The company is down 14% from its price of €0.25 on 28 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.38 per share. Is New 90 Day High Low • Oct 05
New 90-day low: €0.23 The company is down 22% from its price of €0.29 on 07 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.37 per share. Aankondiging • Aug 22
China Maple Leaf Educational Systems Limited (SEHK:1317) entered into an agreement to acquire Canadian International School Pte Ltd from Southern Capital Fund III managed by Southern Capital Group and HPEF6 Parallel L.P. and Headland Private Equity Fund 6, L.P. managed by HPEF Capital Partners Limited for SGD 680 million. China Maple Leaf Educational Systems Limited (SEHK:1317) entered into an agreement to acquire Canadian International School Pte Ltd from Southern Capital Fund III managed by Southern Capital Group and HPEF6 Parallel L.P. and Headland Private Equity Fund 6, L.P. managed by HPEF Capital Partners Limited for SGD 680 million on June 19, 2020. The deal shall take place in two installments. Upon first closing, 90% will be acquired wherein China Maple Leaf Educational Systems Limited will pay for equity and an amount for the full settlement of the Bank debt of SGD 236.8 million and upon second closing, Canadian International School Pte Ltd will acquire the remaining stake.
China Maple Leaf Educational Systems Limited shall pay an earn-out amount within 10 days after the date on which the earn-out enrolment statement is determined pursuant to the agreement, which is capped at a maximum of SGD 40 million. In the event that the adjusted EBITDA of Canadian International School for academic Year 2020 is less than SGD 51.4 million, the sellers shall pay to China Maple Leaf Educational Systems Limited the EBITDA adjustment amount. Hence, the overall consideration is subject to adjustments. The Consideration is to be financed through a combination of debt financing and internal resources of China Maple Leaf Educational Systems Limited. Canadian International School Pte Ltd will operate as wholly-owned subsidiary.
For the year ended December 31, 2019, Canadian International School Pte Ltd reported revenues of SGD 118 million, total assets of SGD 423.4 million, net assets of SGD 92.8 million and net profit of SGD 20.6 million. The deal is subject to obtaining the consent by the Government of the Republic of Singapore and approval from shareholders of China Maple Leaf Educational Systems Limited. On July 14, 2020, the majority shareholders of China Maple Leaf Educational Systems Limited agreed to give their written approval on the acquisition subject to conditions. On August 20, 2020, the majority shareholders of China Maple Leaf Educational Systems Limited have waived their conditions in the written approval and hence the written approval becomes irrevocable and unconditional. Therefore, the shareholders’ approval requirement in respect of the acquisition has been satisfied and no general meeting will be convened. If any of the conditions is not satisfied on or before the Long Stop Date, the agreement shall terminate.
First Closing shall take place on the 5th day after satisfaction of conditions and second closing shall take place 70 days after the end of academic year 2022. BNP Paribas Securities (Asia) Limited acted as financial advisor and Deloitte Touche Tohmatsu acted as accountant for China Maple Leaf Educational Systems Limited. Tan Mui Hui of Rajah & Tann acted as legal advisor for China Maple Leaf Educational Systems Limited.