China New Higher Education Group Past Earnings Performance
Past criteria checks 3/6
China New Higher Education Group has been growing earnings at an average annual rate of 18.6%, while the Consumer Services industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 20% per year. China New Higher Education Group's return on equity is 19.6%, and it has net margins of 32.7%.
Key information
18.6%
Earnings growth rate
17.7%
EPS growth rate
| Consumer Services Industry Growth | 10.5% |
| Revenue growth rate | 20.0% |
| Return on equity | 19.6% |
| Net Margin | 32.7% |
| Next Earnings Update | 28 Nov 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How China New Higher Education Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 29 Feb 24 | 2,278 | 745 | 145 | 0 |
| 30 Nov 23 | 2,198 | 724 | 138 | 0 |
| 31 Aug 23 | 2,119 | 703 | 132 | 0 |
| 31 May 23 | 2,078 | 684 | 118 | 0 |
| 28 Feb 23 | 2,038 | 665 | 105 | 0 |
| 30 Nov 22 | 1,980 | 643 | 110 | 0 |
| 31 Aug 22 | 1,922 | 620 | 116 | 0 |
| 31 May 22 | 1,834 | 619 | 118 | 0 |
| 28 Feb 22 | 1,747 | 619 | 119 | 0 |
| 30 Nov 21 | 1,622 | 593 | 112 | 0 |
| 31 Aug 21 | 1,497 | 568 | 105 | 0 |
| 31 Aug 20 | 1,082 | 262 | 79 | 0 |
| 30 Jun 20 | 1,229 | 424 | 96 | 0 |
| 31 Mar 20 | 1,159 | 405 | 97 | 0 |
| 31 Dec 19 | 1,089 | 386 | 99 | 0 |
| 30 Sep 19 | 951 | 340 | 85 | 0 |
| 30 Jun 19 | 814 | 294 | 71 | 0 |
| 31 Mar 19 | 688 | 268 | 65 | 0 |
| 31 Dec 18 | 561 | 243 | 59 | 0 |
| 30 Sep 18 | 506 | 258 | 55 | 0 |
| 30 Jun 18 | 451 | 273 | 52 | 0 |
| 31 Mar 18 | 433 | 253 | 57 | 0 |
| 31 Dec 17 | 414 | 233 | 62 | 0 |
| 30 Sep 17 | 395 | 187 | 68 | 0 |
| 30 Jun 17 | 375 | 141 | 73 | 0 |
| 31 Mar 17 | 358 | 125 | 68 | 0 |
| 31 Dec 16 | 341 | 110 | 63 | 0 |
| 31 Dec 15 | 274 | 104 | 40 | 0 |
| 31 Dec 14 | 206 | 79 | 34 | 0 |
Quality Earnings: 8CN has high quality earnings.
Growing Profit Margin: 8CN's current net profit margins (32.7%) are higher than last year (32.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8CN's earnings have grown by 18.6% per year over the past 5 years.
Accelerating Growth: 8CN's earnings growth over the past year (12%) is below its 5-year average (18.6% per year).
Earnings vs Industry: 8CN earnings growth over the past year (12%) did not outperform the Consumer Services industry 12.9%.
Return on Equity
High ROE: 8CN's Return on Equity (19.6%) is considered low.