Snowflake Score | |
---|---|
Valuation | 6/6 |
Future Growth | 3/6 |
Past Performance | 5/6 |
Financial Health | 2/6 |
Dividends | 3/6 |
8CN Stock Overview
China New Higher Education Group Limited, an investment holding company, provides education services in the People's Republic of China.
China New Higher Education Group Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | HK$0.31 |
52 Week High | HK$0.54 |
52 Week Low | HK$0.20 |
Beta | 1.42 |
1 Month Change | 11.43% |
3 Month Change | 8.33% |
1 Year Change | -42.22% |
3 Year Change | -3.11% |
5 Year Change | n/a |
Change since IPO | -40.23% |
Recent News & Updates
Shareholder Returns
8CN | DE Consumer Services | DE Market | |
---|---|---|---|
7D | 2.6% | 8.9% | -2.5% |
1Y | -42.2% | -19.6% | -23.9% |
Return vs Industry: 8CN underperformed the German Consumer Services industry which returned -19.6% over the past year.
Return vs Market: 8CN underperformed the German Market which returned -23.9% over the past year.
Price Volatility
8CN volatility | |
---|---|
8CN Average Weekly Movement | 8.3% |
Consumer Services Industry Average Movement | 5.7% |
Market Average Movement | 5.6% |
10% most volatile stocks in DE Market | 9.8% |
10% least volatile stocks in DE Market | 2.8% |
Stable Share Price: 8CN is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 8CN's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1999 | 9,437 | Shuai Zhao | https://www.xingaojiao.com |
China New Higher Education Group Limited, an investment holding company, provides education services in the People's Republic of China. The company operates education institutions under Yunnan Technology and Business University, Science and Technology College of Hubei Minzu University, Harbin Huade University, Lanzhou University of Technology College of Technology and Engineering, Guizhou Vocational College of Industry and Commerce, Luoyang Vocation College of Science and Technology, and Talent International College Guangxi names. It also offers technical and management consultancy services.
China New Higher Education Group Fundamentals Summary
8CN fundamental statistics | |
---|---|
Market Cap | CN¥3.59b |
Earnings (TTM) | CN¥618.62m |
Revenue (TTM) | CN¥1.75b |
5.8x
P/E Ratio2.1x
P/S RatioIs 8CN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
8CN income statement (TTM) | |
---|---|
Revenue | CN¥1.75b |
Cost of Revenue | CN¥1.02b |
Gross Profit | CN¥726.95m |
Other Expenses | CN¥108.33m |
Earnings | CN¥618.62m |
Last Reported Earnings
Feb 28, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 0.40 |
Gross Margin | 41.61% |
Net Profit Margin | 35.41% |
Debt/Equity Ratio | 81.4% |
How did 8CN perform over the long term?
See historical performance and comparisonDividends
9.2%
Current Dividend Yield48%
Payout RatioValuation
Is 8CN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 8CN?
Other financial metrics that can be useful for relative valuation.
What is 8CN's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | CN¥3.59b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 3.2x |
Enterprise Value/EBITDA | 7.2x |
PEG Ratio | 0.4x |
Price to Earnings Ratio vs Peers
How does 8CN's PE Ratio compare to its peers?
8CN PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 35.6x | ||
TIMA ZEAL Network | 59.5x | 20.4% | €791.7m |
1890 China Kepei Education Group | 8.7x | 22.6% | HK$4.2b |
7366 LITALICO | 66.3x | 22.0% | JP¥71.5b |
1765 Hope Education Group | 8x | 17.2% | HK$5.2b |
8CN China New Higher Education Group | 5.8x | 15.6% | €4.2b |
Price-To-Earnings vs Peers: 8CN is good value based on its Price-To-Earnings Ratio (5.8x) compared to the peer average (35.6x).
Price to Earnings Ratio vs Industry
How does 8CN's PE Ratio compare vs other companies in the Global Consumer Services Industry?
Price-To-Earnings vs Industry: 8CN is good value based on its Price-To-Earnings Ratio (5.8x) compared to the European Consumer Services industry average (19.5x)
Price to Earnings Ratio vs Fair Ratio
What is 8CN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 5.8x |
Fair PE Ratio | 28.2x |
Price-To-Earnings vs Fair Ratio: 8CN is good value based on its Price-To-Earnings Ratio (5.8x) compared to the estimated Fair Price-To-Earnings Ratio (28.2x).
Share Price vs Fair Value
What is the Fair Price of 8CN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 8CN (€0.31) is trading below our estimate of fair value (€2.02)
Significantly Below Fair Value: 8CN is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 8CN is good value based on its PEG Ratio (0.4x)
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Future Growth
How is China New Higher Education Group forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
15.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 8CN's forecast earnings growth (15.6% per year) is above the savings rate (-0.01%).
Earnings vs Market: 8CN's earnings (15.6% per year) are forecast to grow faster than the German market (8.4% per year).
High Growth Earnings: 8CN's earnings are forecast to grow, but not significantly.
Revenue vs Market: 8CN's revenue (11.3% per year) is forecast to grow faster than the German market (4.7% per year).
High Growth Revenue: 8CN's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 8CN's Return on Equity is forecast to be low in 3 years time (19.5%).
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Past Performance
How has China New Higher Education Group performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
27.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8CN has high quality earnings.
Growing Profit Margin: 8CN's current net profit margins (35.4%) are higher than last year (32.1%).
Past Earnings Growth Analysis
Earnings Trend: 8CN's earnings have grown significantly by 27.9% per year over the past 5 years.
Accelerating Growth: 8CN's earnings growth over the past year (49.5%) exceeds its 5-year average (27.9% per year).
Earnings vs Industry: 8CN earnings growth over the past year (49.5%) exceeded the Consumer Services industry 21.6%.
Return on Equity
High ROE: 8CN's Return on Equity (20%) is considered low.
Discover strong past performing companies
Financial Health
How is China New Higher Education Group's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 8CN's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥2.6B).
Long Term Liabilities: 8CN's short term assets (CN¥1.2B) do not cover its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 8CN's net debt to equity ratio (60%) is considered high.
Reducing Debt: 8CN's debt to equity ratio has increased from 37.5% to 81.4% over the past 5 years.
Debt Coverage: 8CN's debt is well covered by operating cash flow (31.8%).
Interest Coverage: 8CN's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
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Dividend
What is China New Higher Education Group current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
9.23%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8CN's dividend (9.23%) is higher than the bottom 25% of dividend payers in the German market (1.49%).
High Dividend: 8CN's dividend (9.23%) is in the top 25% of dividend payers in the German market (4.52%)
Stability and Growth of Payments
Stable Dividend: 8CN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 8CN's dividend payments have increased, but the company has only paid a dividend for 5 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.3%), 8CN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (90.7%), 8CN's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Shuai Zhao (41 yo)
5.92yrs
Tenure
CN¥1,375,000
Compensation
Mr. Shuai Zhao serves as the Chief Executive Officer of China New Higher Education Group Limited and has been its Executive Director since August 19, 2016. Mr. Zhao is Co-Owner of Aspire Education Worldwid...
CEO Compensation Analysis
Compensation vs Market: Shuai's total compensation ($USD205.19K) is below average for companies of similar size in the German market ($USD1.19M).
Compensation vs Earnings: Shuai's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: 8CN's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: 8CN's board of directors are considered experienced (4.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
China New Higher Education Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: China New Higher Education Group Limited
- Ticker: 8CN
- Exchange: DB
- Founded: 1999
- Industry: Education Services
- Sector: Consumer Services
- Implied Market Cap: HK$4.203b
- Listing Market Cap: HK$514.927m
- Shares outstanding: 1.56b
- Website: https://www.xingaojiao.com
Number of Employees
Location
- China New Higher Education Group Limited
- Tower F, Phoenix Place
- Room 2001-2007, 20th Floor
- Beijing
- China
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/07/03 00:00 |
End of Day Share Price | 2022/07/01 00:00 |
Earnings | 2022/02/28 |
Annual Earnings | 2021/08/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.