SEHK:1317

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China Maple Leaf Educational Systems

Executive Summary

China Maple Leaf Educational Systems Limited, together with its subsidiaries, operates bilingual private schools and preschools in the People’s Republic of China and Canada.


Snowflake Analysis

Very undervalued with excellent balance sheet.


Similar Companies

Share Price & News

How has China Maple Leaf Educational Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1317's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.0%

1317

2.8%

HK Consumer Services

1.2%

HK Market


1 Year Return

-35.3%

1317

26.9%

HK Consumer Services

-9.9%

HK Market

Return vs Industry: 1317 underperformed the Hong Kong Consumer Services industry which returned 26.6% over the past year.

Return vs Market: 1317 underperformed the Hong Kong Market which returned -9.9% over the past year.


Shareholder returns

1317IndustryMarket
7 Day-1.0%2.8%1.2%
30 Day-11.4%3.0%-3.7%
90 Day-25.7%7.8%-6.8%
1 Year-33.9%-35.3%29.3%26.9%-7.0%-9.9%
3 Year-39.9%-43.7%-1.6%-6.5%-4.8%-14.4%
5 Year59.8%42.8%-28.5%-33.0%-15.1%-28.3%

Price Volatility Vs. Market

How volatile is China Maple Leaf Educational Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Maple Leaf Educational Systems undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1317 (HK$2.02) is trading below our estimate of fair value (HK$6.97)

Significantly Below Fair Value: 1317 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1317 is good value based on its PE Ratio (8.7x) compared to the Consumer Services industry average (15.4x).

PE vs Market: 1317 is good value based on its PE Ratio (8.7x) compared to the Hong Kong market (9.3x).


Price to Earnings Growth Ratio

PEG Ratio: 1317 is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: 1317 is good value based on its PB Ratio (1.3x) compared to the HK Consumer Services industry average (2.2x).


Next Steps

Future Growth

How is China Maple Leaf Educational Systems forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

16.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1317's forecast earnings growth (16.3% per year) is above the savings rate (1.6%).

Earnings vs Market: 1317's earnings (16.3% per year) are forecast to grow slower than the Hong Kong market (16.5% per year).

High Growth Earnings: 1317's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1317's revenue (14.3% per year) is forecast to grow faster than the Hong Kong market (10.5% per year).

High Growth Revenue: 1317's revenue (14.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1317's Return on Equity is forecast to be low in 3 years time (15.6%).


Next Steps

Past Performance

How has China Maple Leaf Educational Systems performed over the past 5 years?

27.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1317 has high quality earnings.

Growing Profit Margin: 1317's current net profit margins (39.2%) are lower than last year (40.6%).


Past Earnings Growth Analysis

Earnings Trend: 1317's earnings have grown significantly by 27.6% per year over the past 5 years.

Accelerating Growth: 1317's earnings growth over the past year (7.3%) is below its 5-year average (27.6% per year).

Earnings vs Industry: 1317 earnings growth over the past year (7.3%) underperformed the Consumer Services industry 15.7%.


Return on Equity

High ROE: 1317's Return on Equity (14.6%) is considered low.


Next Steps

Financial Health

How is China Maple Leaf Educational Systems's financial position?


Financial Position Analysis

Short Term Liabilities: 1317's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.3B).

Long Term Liabilities: 1317's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥419.3M).


Debt to Equity History and Analysis

Debt Level: 1317's debt to equity ratio (7.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 1317's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1317's debt is well covered by operating cash flow (222.2%).

Interest Coverage: 1317 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is China Maple Leaf Educational Systems's current dividend yield, its reliability and sustainability?

5.60%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1317's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1317's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1317's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1317's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1317 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1317's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.6yrs

Average management tenure


CEO

Sherman Jen (65yo)

3.75yrs

Tenure

CN¥4,113,000

Compensation

Mr. Shu Liang Jen, also known as Sherman, is the Chairman and Executive Director of Kingsley Edugroup Limited since March 19, 2020. He has been the President of China Operations at China Maple Leaf Educati ...


CEO Compensation Analysis

Compensation vs Market: Sherman's total compensation ($USD576.32K) is about average for companies of similar size in the Hong Kong market ($USD506.58K).

Compensation vs Earnings: Sherman's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Shu Liang Jen
Founder3.75yrsCN¥4.11m51.68% CN¥3.1b
Jingxia Zhang
Senior VP12.17yrsCN¥3.37m0.12% CN¥7.1m
James William Beeke
VP, Superintendent of Global Education & Executive Director6yrsCN¥1.48m0.035% CN¥2.1m
Karl Dick
Principalno datano datano data
Brad Helgason
Principalno datano datano data
Graham Setters
Principalno datano datano data
Nigel Austen
Principal4.58yrsno datano data
Mark Wuerch
Principal4.58yrsno datano data
Dave Brecht
Principal4.58yrsno datano data
Ryan Waurynchuk
Principalno datano datano data

4.6yrs

Average Tenure

65yo

Average Age

Experienced Management: 1317's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shu Liang Jen
Founder3.75yrsCN¥4.11m51.68% CN¥3.1b
Jingxia Zhang
Senior VP12.17yrsCN¥3.37m0.12% CN¥7.1m
James William Beeke
VP, Superintendent of Global Education & Executive Director6yrsCN¥1.48m0.035% CN¥2.1m
Howard Balloch
Vice Chairman3.33yrsCN¥1.16m0.30% CN¥18.3m
Lap Tat Wong
Independent Non-Executive Director5.83yrsCN¥897.00k0.017% CN¥1.1m
Alan Shaver
Independent Non-Executive Director0.75yrno datano data
Peter Humphrey Owen
Independent Non-Executive Director5.83yrsCN¥873.00k0.0040% CN¥245.0k

5.8yrs

Average Tenure

67yo

Average Age

Experienced Board: 1317's board of directors are considered experienced (5.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 1317 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 Maple Leaf Educational Systems Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Maple Leaf Educational Systems Limited
  • Ticker: 1317
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Education Services
  • Sector: Consumer Services
  • Market Cap: HK$6.051b
  • Shares outstanding: 3.00b
  • Website: https://www.mapleleaf.cn

Number of Employees


Location

  • China Maple Leaf Educational Systems Limited
  • Maple Leaf Educational Park
  • 6 Central Street
  • Dalian
  • Liaoning Province
  • 116650
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1317SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary sharesHKHKDNov 2014
CML1DB (Deutsche Boerse AG)YesOrdinary sharesDEEURNov 2014
1317SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary sharesHKHKDNov 2014
CMLL.FOTCPK (Pink Sheets LLC)YesOrdinary sharesUSUSDNov 2014

Biography

China Maple Leaf Educational Systems Limited, together with its subsidiaries, operates bilingual private schools and preschools in the People’s Republic of China and Canada. The company offers dual-diploma curriculum, such as British Columbia curriculum and Chinese curriculum; and bilingual education services. It operates bilingual private schools and preschools under the Maple Leaf brand name. As of October 15, 2019, the company operated 103 schools, including 16 high schools, 26 middle schools, 26 elementary schools, 29 preschools, and 3 foreign national schools. It also provides construction, technical support, catering, and stationary sales, water, and clothing related services, as well as vocational cultural exchange and overseas study services. China Maple Leaf Educational Systems Limited was founded in 1995 and is headquartered in Dalian, the People's Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 13:32
End of Day Share Price2020/05/29 00:00
Earnings2020/02/29
Annual Earnings2019/08/31


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.