China Kepei Education Group Full Year 2023 Earnings: Misses Expectations

China Kepei Education Group (HKG:1890) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥1.52b (up 5.4% from FY 2022).
• Net income: CN¥743.3m (up 5.5% from FY 2022).
• Profit margin: 49% (in line with FY 2022).
• EPS: CN¥0.37 (up from CN¥0.35 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

China Kepei Education Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 17%.

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 4 years, compared to a 17% growth forecast for the Consumer Services industry in Hong Kong.

Performance of the Hong Kong Consumer Services industry.

The company's shares are down 22% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on China Kepei Education Group's balance sheet.

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