SEHK:1890

Stock Analysis Report

China Kepei Education Group

Executive Summary

China Kepei Education Group Limited, an investment holding company, provides private higher education services focusing on profession-oriented education.

Snowflake

Fundamentals

Excellent balance sheet and good value.

Risks

  • China Kepei Education Group is covered by less than 3 analysts.

Share Price & News

How has China Kepei Education Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.8%

SEHK:1890

-1.2%

HK Consumer Services

1.9%

HK Market


1 Year Return

n/a

SEHK:1890

-6.3%

HK Consumer Services

-3.3%

HK Market

No trading data on 1890.

No trading data on 1890.


Share holder returns

1890IndustryMarket
7 Day-4.8%-1.2%1.9%
30 Day14.5%8.5%6.1%
90 Day18.3%6.9%-0.5%
1 Yearn/a-4.4%-6.3%0.1%-3.3%
3 Yearn/a2.9%-2.6%17.7%5.9%
5 Yearn/a6.0%-2.8%19.0%-0.6%

Price Volatility Vs. Market

How volatile is China Kepei Education Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Kepei Education Group undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

China Kepei Education Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

China Kepei Education Group's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

China Kepei Education Group is good value based on earnings compared to the HK Consumer Services industry average.

China Kepei Education Group is overvalued based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

China Kepei Education Group is good value based on expected growth next year.


Price Based on Value of Assets

China Kepei Education Group is overvalued based on assets compared to the HK Consumer Services industry average.


Next Steps

Future Growth

How is China Kepei Education Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

17.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

China Kepei Education Group's revenue is expected to grow by 16.1% yearly, however this is not considered high growth (20% yearly).

China Kepei Education Group's earnings are expected to grow by 17.4% yearly, however this is not considered high growth (20% yearly).

China Kepei Education Group's revenue growth is expected to exceed the Hong Kong market average.

China Kepei Education Group's earnings growth is expected to exceed the Hong Kong market average.

China Kepei Education Group's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

China Kepei Education Group is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has China Kepei Education Group performed over the past 5 years?

29.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

China Kepei Education Group has delivered over 20% year on year earnings growth in the past 5 years.

China Kepei Education Group's 1-year earnings growth exceeds its 5-year average (42.8% vs 29.8%)

China Kepei Education Group's earnings growth has exceeded the HK Consumer Services industry average in the past year (42.8% vs 11.8%).


Return on Equity

China Kepei Education Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

China Kepei Education Group used its assets more efficiently than the HK Consumer Services industry average last year based on Return on Assets.


Return on Capital Employed

China Kepei Education Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is China Kepei Education Group's financial position?


Financial Position Analysis

China Kepei Education Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

China Kepei Education Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

China Kepei Education Group's level of debt (3.9%) compared to net worth is satisfactory (less than 40%).

Unable to establish if China Kepei Education Group's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (428.5%, greater than 20% of total debt).

China Kepei Education Group earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 12.2x debt.


Next Steps

Dividend

What is China Kepei Education Group's current dividend yield, its reliability and sustainability?

2.78%

Expected Dividend Yield


Dividend Yield and Payments Analysis

China Kepei Education Group's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.19%).

China Kepei Education Group's dividend is below the markets top 25% of dividend payers in Hong Kong (6.06%).

It is too early to tell whether China Kepei Education Group has stable dividend payments.

China Kepei Education Group only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3x coverage).


Next Steps

Management

What is the CEO of China Kepei Education Group's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Nianqiao Ye (55yo)

1.8yrs

Tenure

CN¥1,303,000

Compensation

Mr. Nianqiao Ye serves as an Executive Director, the Chairman of the Board and the General Manager of China Kepei Education Group Limited August 2017, and as its Chief Executive Officer since November 26,  ...


CEO Compensation Analysis

Nianqiao's remuneration is lower than average for companies of similar size in Hong Kong.

Nianqiao's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

1.8yrs

Average Tenure

47.5yo

Average Age

The average tenure for the China Kepei Education Group management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.1yrs

Average Tenure

55yo

Average Age

The average tenure for the China Kepei Education Group board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Suet Wing Leung

    Joint Company Secretary

    • Tenure: 1.4yrs
  • Xun Ye (29yo)

    Deputy GM & Executive Director

    • Tenure: 2.1yrs
    • Compensation: CN¥228.00k
  • Yan Li (38yo)

    Executive Director

    • Tenure: 2.1yrs
    • Compensation: CN¥386.00k
  • Donghui Zha (50yo)

    Deputy GM & Executive Director

    • Tenure: 2.1yrs
    • Compensation: CN¥394.00k
  • Xiangwei Zhang (68yo)

    Executive Director & COO

    • Tenure: 1.8yrs
    • Compensation: CN¥1.06m
  • Nianqiao Ye (55yo)

    Chairman of the Board

    • Tenure: 1.8yrs
    • Compensation: CN¥1.30m
  • Nianjiu Ye (45yo)

    Executive Director

    • Tenure: 0yrs

Board Members

  • Ming Xu (47yo)

    Independent Non-Executive Director

    • Tenure: 1.8yrs
  • Xiaolu Li (66yo)

    Independent Non-Executive Director

    • Tenure: 1.8yrs
  • Feiqi Deng (57yo)

    Independent Non-Executive Director

    • Tenure: 1.8yrs
  • Chuanwu Wang (72yo)

    Non-Executive Director

    • Tenure: 2.1yrs
    • Compensation: CN¥368.00k
  • Xun Ye (29yo)

    Deputy GM & Executive Director

    • Tenure: 2.1yrs
    • Compensation: CN¥228.00k
  • Yan Li (38yo)

    Executive Director

    • Tenure: 2.1yrs
    • Compensation: CN¥386.00k
  • Donghui Zha (50yo)

    Deputy GM & Executive Director

    • Tenure: 2.1yrs
    • Compensation: CN¥394.00k
  • Xiangwei Zhang (68yo)

    Executive Director & COO

    • Tenure: 1.8yrs
    • Compensation: CN¥1.06m
  • Nianqiao Ye (55yo)

    Chairman of the Board

    • Tenure: 1.8yrs
    • Compensation: CN¥1.30m

Company Information

China Kepei Education Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Kepei Education Group Limited
  • Ticker: 1890
  • Exchange: SEHK
  • Founded: 2000
  • Industry: Education Services
  • Sector: Consumer Services
  • Market Cap: HK$7.803b
  • Shares outstanding: 2.00b
  • Website: https://www.chinakepeiedu.com

Number of Employees


Location

  • China Kepei Education Group Limited
  • Qifu Road
  • Gaoyao District
  • Zhaoqing
  • Guangdong Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1890SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2019
9CKDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 2019
1890SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJan 2019

Biography

China Kepei Education Group Limited, an investment holding company, provides private higher education services focusing on profession-oriented education. It operates Guangdong Polytechnic College, a degree ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 12:55
End of Day Share Price2019/09/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.