Announcement • Jun 30
Chengdu Jiafaantai Education Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 24, 2026 Chengdu Jiafaantai Education Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 24, 2026 Declared Dividend • Jun 08
Dividend of CN¥0.07 announced Shareholders will receive a dividend of CN¥0.07. Ex-date: 12th June 2026 Payment date: 12th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 15% to shift the payout ratio to a potentially unsustainable range, which is less than the 28% EPS decline seen over the last 5 years. Reported Earnings • Apr 22
Full year 2025 earnings released: EPS: CN¥0.08 (vs CN¥0.09 in FY 2024) Full year 2025 results: EPS: CN¥0.08 (down from CN¥0.09 in FY 2024). Revenue: CN¥430.5m (flat on FY 2024). Net income: CN¥31.7m (down 13% from FY 2024). Profit margin: 7.4% (down from 8.5% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Apr 21
Chengdu Jiafaantai Education Technology Co.,Ltd., Annual General Meeting, May 13, 2026 Chengdu Jiafaantai Education Technology Co.,Ltd., Annual General Meeting, May 13, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China Announcement • Mar 31
Chengdu Jiafaantai Education Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Chengdu Jiafaantai Education Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 New Risk • Feb 22
New major risk - Revenue and earnings growth Earnings have declined by 29% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 175% Cash payout ratio: 146% Earnings have declined by 29% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (8.1% net profit margin). Announcement • Dec 31
Chengdu Jiafaantai Education Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Chengdu Jiafaantai Education Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.02 (vs CN¥0.019 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.02 (up from CN¥0.019 in 3Q 2024). Revenue: CN¥66.1m (down 15% from 3Q 2024). Net income: CN¥7.84m (up 4.4% from 3Q 2024). Profit margin: 12% (up from 9.7% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Sep 30
Chengdu Jiafaantai Education Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Chengdu Jiafaantai Education Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 New Risk • Sep 25
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 7.2% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 176% Cash payout ratio: 157% Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (7.8% net profit margin). Reported Earnings • Aug 21
Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.091 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.13 (up from CN¥0.091 in 2Q 2024). Revenue: CN¥218.5m (up 49% from 2Q 2024). Net income: CN¥50.8m (up 40% from 2Q 2024). Profit margin: 23% (down from 25% in 2Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Board Change • Aug 15
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 Director Zhiyu Ji was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 02
Chengdu Jiafaantai Education Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 21, 2025 Chengdu Jiafaantai Education Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 21, 2025 Announcement • May 16
Qianyi Sesame Blossom No. 1 Private Equity Investment Fund managed by Qianyi Private Equity Fund Management (Nanjing) Co., Ltd. cancelled the acquisition of 5.80% stake in Chengdu Jiafaantai Education Technology Co.,Ltd. (SZSE:300559) from Tibet Deyuantai Information Technology Co., Ltd. and Yuan Bin. Qianyi Sesame Blossom No. 1 Private Equity Investment Fund managed by Qianyi Private Equity Fund Management (Nanjing) Co., Ltd. agreed to acquire 5.80% stake in Chengdu Jiafaantai Education Technology Co.,Ltd. (SZSE:300559) from Tibet Deyuantai Information Technology Co., Ltd. and Yuan Bin for CNY 160 million on September 23, 2024. Qianyi Private Equity Fund will acquire 23.17 million shares at a price of CNY 7.03 per share. 17.2 million unrestricted tradable A shares of Chengdu Jiafaantai Education Technology Co., Ltd. held by Yuan Bin and 6 million million unrestricted tradable A shares of Chengdu Jiafaantai Education Technology Co., Ltd. held by Tibet Deyuantai will be transferred. The share transfer still needs to be confirmed by the Shenzhen Stock Exchange for compliance before the share transfer and transfer procedures can be handled at the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd.
Qianyi Sesame Blossom No. 1 Private Equity Investment Fund managed by Qianyi Private Equity Fund Management (Nanjing) Co., Ltd. cancelled the acquisition of 5.80% stake in Chengdu Jiafaantai Education Technology Co.,Ltd. (SZSE:300559) from Tibet Deyuantai Information Technology Co., Ltd. and Yuan Bin on May 15, 2025. Announcement • Apr 22
Chengdu Jiafaantai Education Technology Co.,Ltd. Proposes Final Cash Dividend for the Year 2024 Chengdu Jiafaantai Education Technology Co.,Ltd. proposed final cash dividend/10 shares (tax included) of CNY 1.50000000 for the year 2024. Announcement • Apr 20
Chengdu Jiafaantai Education Technology Co.,Ltd., Annual General Meeting, May 12, 2025 Chengdu Jiafaantai Education Technology Co.,Ltd., Annual General Meeting, May 12, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China New Risk • Apr 19
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 91% Cash payout ratio: 179% Dividend yield: 1.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Cash payout ratio: 179% Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.5% net profit margin). Reported Earnings • Apr 19
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.09 (down from CN¥0.33 in FY 2023). Revenue: CN¥429.9m (down 29% from FY 2023). Net income: CN¥36.4m (down 72% from FY 2023). Profit margin: 8.5% (down from 22% in FY 2023). Revenue missed analyst estimates by 32%. Earnings per share (EPS) also missed analyst estimates by 69%. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 2% per year. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥8.96, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 42x in the Communications industry in China. Total loss to shareholders of 16% over the past three years. Announcement • Mar 31
Chengdu Jiafaantai Education Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Chengdu Jiafaantai Education Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Dec 31
Chengdu Jiafaantai Education Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Chengdu Jiafaantai Education Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Major Estimate Revision • Dec 17
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥688.2m to CN¥644.7m. EPS estimate also fell from CN¥0.373 per share to CN¥0.333 per share. Net income forecast to grow 159% next year vs 66% growth forecast for Communications industry in China. Consensus price target of CN¥16.70 unchanged from last update. Share price fell 6.1% to CN¥12.70 over the past week. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥11.85, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 32x in the Communications industry in China. Total returns to shareholders of 52% over the past three years. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.069 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.019 (down from CN¥0.069 in 3Q 2023). Revenue: CN¥77.7m (down 41% from 3Q 2023). Net income: CN¥7.51m (down 73% from 3Q 2023). Profit margin: 9.7% (down from 21% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥9.49, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 19% over the past three years. Announcement • Sep 30
Chengdu Jiafaantai Education Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Chengdu Jiafaantai Education Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥10.42, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 33% over the past three years. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.091 (vs CN¥0.21 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.091 (down from CN¥0.21 in 2Q 2023). Revenue: CN¥146.4m (down 38% from 2Q 2023). Net income: CN¥36.2m (down 57% from 2Q 2023). Profit margin: 25% (down from 36% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year. Buy Or Sell Opportunity • Jul 22
Now 21% overvalued Over the last 90 days, the stock has fallen 20% to CN¥9.03. The fair value is estimated to be CN¥7.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 70% in 2 years. Earnings are forecast to grow by 97% in the next 2 years. Announcement • Jun 29
Chengdu Jiafaantai Education Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Chengdu Jiafaantai Education Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Declared Dividend • May 10
Dividend increased to CN¥0.15 Dividend of CN¥0.15 is 114% higher than last year. Ex-date: 14th May 2024 Payment date: 14th May 2024 Dividend yield will be 1.3%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 24% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 123% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.009 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.016 (up from CN¥0.009 in 1Q 2023). Revenue: CN¥113.9m (up 69% from 1Q 2023). Net income: CN¥6.53m (up 87% from 1Q 2023). Profit margin: 5.7% (up from 5.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Apr 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to CN¥11.21. The fair value is estimated to be CN¥14.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 29%. For the next 3 years, revenue is forecast to grow by 26% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. Announcement • Mar 30
Chengdu Jiafaantai Education Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Chengdu Jiafaantai Education Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Mar 27
Chengdu Jiafaantai Education Technology Co.,Ltd., Annual General Meeting, Apr 17, 2024 Chengdu Jiafaantai Education Technology Co.,Ltd., Annual General Meeting, Apr 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China Reported Earnings • Mar 27
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.33 (up from CN¥0.17 in FY 2022). Revenue: CN¥604.4m (up 47% from FY 2022). Net income: CN¥131.0m (up 90% from FY 2022). Profit margin: 22% (up from 17% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 9.6%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥12.30, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the Communications industry in China. Total loss to shareholders of 4.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.66 per share. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥11.13, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Communications industry in China. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥18.83 per share. Board Change • Jan 06
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 Director Zhiyu Ji was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 29
Chengdu Jiafaantai Education Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 27, 2024 Chengdu Jiafaantai Education Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 27, 2024 Buying Opportunity • Dec 27
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥18.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.6% over the last 3 years. Earnings per share has declined by 41%. Revenue is forecast to grow by 116% in 2 years. Earnings is forecast to grow by 193% in the next 2 years. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥17.02, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 1.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥18.30 per share. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.069 (vs CN¥0.05 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.069 (up from CN¥0.05 in 3Q 2022). Revenue: CN¥131.0m (up 26% from 3Q 2022). Net income: CN¥27.6m (up 41% from 3Q 2022). Profit margin: 21% (up from 19% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥16.33, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 30x in the Communications industry in China. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.64 per share. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.14 in 2Q 2022). Revenue: CN¥237.4m (up 53% from 2Q 2022). Net income: CN¥84.8m (up 55% from 2Q 2022). Profit margin: 36% (in line with 2Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • May 09
Chengdu Jiafaantai Education Technology Co.,Ltd. Approves Cash Dividend for 2022, payable on 12 May 2023 Chengdu Jiafaantai Education Technology Co.,Ltd. approved cash dividend/10 shares (tax included): CNY 0.70000000 for 2022. Record date: 11 May 2023. Ex-date: 12 May 2023. Payment date: 12 May 2023. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.009 (vs CN¥0.038 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.009 (down from CN¥0.038 in 1Q 2022). Revenue: CN¥67.6m (down 26% from 1Q 2022). Net income: CN¥3.48m (down 77% from 1Q 2022). Profit margin: 5.2% (down from 17% in 1Q 2022). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥14.08, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 28x in the Communications industry in China. Total loss to shareholders of 31% over the past three years. Announcement • Dec 02
Chengdu Jiafaantai Education Technology Co.,Ltd. Announces Executive Appointments Chengdu Jiafaantai Education Technology Co.,Ltd. at the Extraordinary General Meeting of 2022 held on 30 November 2022, approved election of non-independent directors, cumulative voting system applicable: Zhang Yue and Fan Xiaoxing; Election of independent directors, cumulative voting system applicable: Ren Shu, Ji Zhiyu and Zhou Xiongjun; Election of shareholder supervisors, cumulative voting system applicable: Guo Yinhai and Qing Xuemei. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.049 (vs CN¥0.078 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.049 (down from CN¥0.078 in 3Q 2021). Revenue: CN¥103.8m (up 20% from 3Q 2021). Net income: CN¥19.5m (down 40% from 3Q 2021). Profit margin: 19% (down from 37% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥8.82, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 32x in the Communications industry in China. Total loss to shareholders of 54% over the past three years. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.14 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14. Revenue: CN¥155.2m (up 9.3% from 2Q 2021). Net income: CN¥54.9m (flat on 2Q 2021). Profit margin: 35% (down from 39% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 138%, compared to a 33% growth forecast for the Communications industry in China. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥11.33, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Communications industry in China. Total loss to shareholders of 19% over the past three years. Announcement • May 12
Chengdu Jiafaantai Education Technology Co.,Ltd. Declares Final Dividend for the Year 2021 Chengdu Jiafaantai Education Technology Co.,Ltd. at its Annual General Meeting of 2021 on 06 May 2022 declared final dividend of CNY 1.00000000 per 10 shares (tax included) for the year 2021. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.038 (up from CN¥0.012 in 1Q 2021). Revenue: CN¥91.5m (up 67% from 1Q 2021). Net income: CN¥15.1m (up 209% from 1Q 2021). Profit margin: 17% (up from 8.9% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 35%. Earnings per share (EPS) also missed analyst estimates by 56%. Over the next year, revenue is forecast to grow 105%, compared to a 29% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 19% per year. Announcement • Apr 13
Chengdu Jiafaantai Education Technology Co.,Ltd., Annual General Meeting, May 06, 2022 Chengdu Jiafaantai Education Technology Co.,Ltd., Annual General Meeting, May 06, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors and the supervisory committee; to discuss 2021 annual accounts and profit distribution plan; to discuss annual report and its summary; to consider and approve 2021 remuneration for directors and remuneration for supervisors; to consider and discuss entrusted wealth management with idle proprietary funds; and to consider other business matters. Announcement • Apr 12
Chengdu Jiafaantai Education Technology Co.,Ltd. Proposes Final Dividend for the Year 2021 Chengdu Jiafaantai Education Technology Co.,Ltd. proposed final dividend of CNY 1.00000000 per 10 shares (tax included) for the year 2021. Reported Earnings • Apr 11
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.21 (down from CN¥0.53 in FY 2020). Revenue: CN¥369.7m (down 37% from FY 2020). Net income: CN¥82.6m (down 61% from FY 2020). Profit margin: 22% (down from 36% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 34%. Earnings per share (EPS) also missed analyst estimates by 56%. Over the next year, revenue is forecast to grow 111%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥11.09, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 25x in the Communications industry in China. Total loss to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥10.40, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 25x in the Communications industry in China. Total loss to shareholders of 35% over the past three years. Announcement • Dec 22
Chengdu Jiafaantai Education's Controlling Shareholder to Sell 2% Stake Chengdu Jiafaantai Education Technology Co.,Ltd. (SZSE:300559) said controlling shareholder plans to sell 2% stake in the company to Sichuan-based investment fund within 90 days. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.078 (vs CN¥0.14 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥86.9m (down 25% from 3Q 2020). Net income: CN¥32.4m (down 41% from 3Q 2020). Profit margin: 37% (down from 47% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥8.57, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 32x in the Communications industry in China. Total loss to shareholders of 38% over the past three years. Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.23 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥142.0m (down 32% from 2Q 2020). Net income: CN¥54.6m (down 40% from 2Q 2020). Profit margin: 39% (down from 44% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥9.73, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 30x in the Communications industry in China. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.81 per share. Announcement • May 21
Chengdu Jiafaantai Education Technology Co., Ltd. Announces 2020 Final Distribution Plan to Be Implemented (A Shares), Payment Date Is 25 May 2021 Chengdu Jiafaantai Education Technology Co., Ltd. announced 2020 final distribution plan to be implemented (A shares). The company announced Cash dividend per 10 shares (tax included) is CNY 2.00000000. Record date: 24 May 2021. Ex-date: 25 May 2021. Payment date: 25 May 2021. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.012 (vs CN¥0.069 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥54.8m (down 44% from 1Q 2020). Net income: CN¥4.89m (down 82% from 1Q 2020). Profit margin: 8.9% (down from 28% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.53 (vs CN¥0.51 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¥590.3m (up 1.3% from FY 2019). Net income: CN¥210.4m (up 2.6% from FY 2019). Profit margin: 36% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Feb 24
Chengdu Jiafaantai Education Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 Chengdu Jiafaantai Education Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥13.20, the stock is trading at a trailing P/E ratio of 23.9x, up from the previous P/E ratio of 20.2x. This compares to an average P/E of 49x in the Communications industry in China. Total returns to shareholders over the past three years are 76%. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥12.24 The company is down 33% from its price of CN¥18.25 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.86 per share. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥14.93, the stock is trading at a trailing P/E ratio of 27x, up from the previous P/E ratio of 23.1x. This compares to an average P/E of 59x in the Communications industry in China. Total returns to shareholders over the past three years are 118%. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥15.00 The company is down 25% from its price of CN¥19.97 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.79 per share. Is New 90 Day High Low • Nov 18
New 90-day low: CN¥16.30 The company is down 26% from its price of CN¥22.11 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.11 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥222.5m, up 10% from the prior year. Total revenue was CN¥602.3m over the last 12 months, up 9.7% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 30
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 34% at CN¥116.3m. Revenue is forecast to grow 104% over the next year, compared to a 29% growth forecast for the Communications industry in China. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥18.64 The company is down 11% from its price of CN¥21.01 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.17 per share. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥19.00 The company is down 10.0% from its price of CN¥21.22 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.32 per share. Announcement • Jul 23
Chengdu Jiafaantai Education Technology Co., Ltd. to Report First Half, 2020 Results on Aug 18, 2020 Chengdu Jiafaantai Education Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 18, 2020