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China Chunlai Education Group

SEHK:1969
Snowflake Description

Very undervalued with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1969
SEHK
HK$2B
Market Cap
  1. Home
  2. HK
  3. Consumer Services
Company description

China Chunlai Education Group Co., Ltd. provides private higher education services in the People’s Republic of China. The last earnings update was 121 days ago. More info.


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1969 Share Price and Events
7 Day Returns
1.3%
SEHK:1969
2.5%
HK Consumer Services
0.5%
HK Market
1 Year Returns
-
SEHK:1969
-9.5%
HK Consumer Services
-6.1%
HK Market
1969 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Chunlai Education Group (1969) 1.3% -0.7% 4.8% - - -
HK Consumer Services 2.5% 5.9% 16.4% -9.5% 17.1% -13.5%
HK Market 0.5% 1.1% 11.2% -6.1% 25.9% 19.4%
1 Year Return vs Industry and Market
  • No trading data on 1969.
  • No trading data on 1969.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for China Chunlai Education Group's competitors could be found in our database.

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of China Chunlai Education Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for China Chunlai Education Group.

SEHK:1969 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.6%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:1969
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6%
Consumer Services Unlevered Beta Simply Wall St/ S&P Global 0.97
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.974 (1 + (1- 25%) (61.05%))
1.282
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.28
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.282 * 5.96%)
9.64%

Discounted Cash Flow Calculation for SEHK:1969 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for China Chunlai Education Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:1969 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 9.64%)
2019 144.41 Analyst x1 131.71
2020 304.96 Analyst x1 253.68
2021 281.69 Analyst x1 213.72
2022 422.48 Analyst x1 292.35
2023 508.18 Est @ 20.29% 320.73
2024 583.40 Est @ 14.8% 335.82
2025 647.34 Est @ 10.96% 339.86
2026 700.90 Est @ 8.27% 335.61
2027 745.71 Est @ 6.39% 325.67
2028 783.56 Est @ 5.08% 312.10
Present value of next 10 years cash flows CN¥2,861.24
SEHK:1969 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CN¥783.56 × (1 + 2%) ÷ (9.64% – 2%)
CN¥10,462.74
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥10,462.74 ÷ (1 + 9.64%)10
CN¥4,167.49
SEHK:1969 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥2,861.24 + CN¥4,167.49
CN¥7,028.73
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥7,028.73 / 1,200.00
CN¥5.86
SEHK:1969 Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:1969)
1.169
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥5.86 x 1.169
HK$6.85
Value per share (HKD) From above. HK$6.85
Current discount Discount to share price of HK$1.52
= -1 x (HK$1.52 - HK$6.85) / HK$6.85
77.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price China Chunlai Education Group is available for.
Intrinsic value
>50%
Share price is HK$1.52 vs Future cash flow value of HK$6.85
Current Discount Checks
For China Chunlai Education Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • China Chunlai Education Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • China Chunlai Education Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for China Chunlai Education Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Chunlai Education Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1969 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-08-31) in CNY CN¥0.14
SEHK:1969 Share Price ** SEHK (2019-04-18) in HKD HK$1.52
SEHK:1969 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.855 CN¥1.3
Hong Kong Consumer Services Industry PE Ratio Median Figure of 36 Publicly-Listed Consumer Services Companies 20.08x
Hong Kong Market PE Ratio Median Figure of 1,474 Publicly-Listed Companies 12x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of China Chunlai Education Group.

SEHK:1969 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1969 Share Price ÷ EPS (both in CNY)

= 1.3 ÷ 0.14

9.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Chunlai Education Group is good value based on earnings compared to the HK Consumer Services industry average.
  • China Chunlai Education Group is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does China Chunlai Education Group's expected growth come at a high price?
Raw Data
SEHK:1969 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
23.6%per year
Hong Kong Consumer Services Industry PEG Ratio Median Figure of 16 Publicly-Listed Consumer Services Companies 0.96x
Hong Kong Market PEG Ratio Median Figure of 462 Publicly-Listed Companies 0.86x

*Line of best fit is calculated by linear regression .

SEHK:1969 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 9.6x ÷ 23.6%

0.41x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Chunlai Education Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on China Chunlai Education Group's assets?
Raw Data
SEHK:1969 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-08-31) in CNY CN¥0.66
SEHK:1969 Share Price * SEHK (2019-04-18) in HKD HK$1.52
SEHK:1969 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.855 CN¥1.3
Hong Kong Consumer Services Industry PB Ratio Median Figure of 49 Publicly-Listed Consumer Services Companies 2.51x
Hong Kong Market PB Ratio Median Figure of 2,149 Publicly-Listed Companies 1.03x
SEHK:1969 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1969 Share Price ÷ Book Value per Share (both in CNY)

= 1.3 ÷ 0.66

1.97x

* Primary Listing of China Chunlai Education Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Chunlai Education Group is good value based on assets compared to the HK Consumer Services industry average.
X
Value checks
We assess China Chunlai Education Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Services industry average (and greater than 0)? (1 check)
  5. China Chunlai Education Group has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
23.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Chunlai Education Group expected to grow at an attractive rate?
  • China Chunlai Education Group's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • China Chunlai Education Group's earnings growth is expected to exceed the Hong Kong market average.
  • China Chunlai Education Group's revenue growth is expected to exceed the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:1969 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1969 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 23.6%
SEHK:1969 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 15.1%
Hong Kong Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 20.9%
Hong Kong Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 19.9%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 11.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1969 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1969 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-08-31 866 337 1
2021-08-31 791 277 1
2020-08-31 709 501 227 1
2019-08-31 546 340 176 2
SEHK:1969 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-08-31 488 438 119
2018-05-31 481 366 127
2018-02-28 474 295 136
2017-11-30 468 255 144
2017-08-31 461 216 152
2016-08-31 379 259 110

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • China Chunlai Education Group's earnings are expected to grow significantly at over 20% yearly.
  • China Chunlai Education Group's revenue is expected to grow by 15.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1969 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from China Chunlai Education Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1969 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-08-31 0.38 0.38 0.38 1.00
2021-08-31 0.32 0.32 0.32 1.00
2020-08-31 0.26 0.26 0.26 1.00
2019-08-31 0.18 0.18 0.18 1.00
SEHK:1969 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-08-31 0.14
2018-05-31 0.15
2018-02-28 0.17
2017-11-30 0.19
2017-08-31 0.21
2016-08-31 0.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • China Chunlai Education Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess China Chunlai Education Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
China Chunlai Education Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare China Chunlai Education Group's growth in the last year to its industry (Consumer Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if China Chunlai Education Group's year on year earnings growth rate was positive over the past 5 years.
  • China Chunlai Education Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • China Chunlai Education Group's 1-year earnings growth is negative, it can't be compared to the HK Consumer Services industry average.
Earnings and Revenue History
China Chunlai Education Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from China Chunlai Education Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1969 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-08-31 487.79 118.95 69.30
2018-05-31 481.02 127.34 68.33
2018-02-28 474.24 135.73 67.36
2017-11-30 467.57 143.69 66.19
2017-08-31 460.89 151.65 65.02
2016-08-31 378.63 109.76 58.83
2015-08-31 336.25 -62.78 51.13

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • China Chunlai Education Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • China Chunlai Education Group used its assets more efficiently than the HK Consumer Services industry average last year based on Return on Assets.
  • China Chunlai Education Group has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess China Chunlai Education Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
China Chunlai Education Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is China Chunlai Education Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up China Chunlai Education Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Chunlai Education Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • China Chunlai Education Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of China Chunlai Education Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from China Chunlai Education Group Company Filings, last reported 7 months ago.

SEHK:1969 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-08-31 594.83 952.11 544.72
2018-05-31 594.83 952.11 544.72
2018-02-28 533.86 1,052.77 551.84
2017-11-30 533.86 1,052.77 551.84
2017-08-31 445.18 1,034.43 267.44
2016-08-31 293.53 910.13 371.81
2015-08-31 183.78 929.85 233.19
  • China Chunlai Education Group's level of debt (160.1%) compared to net worth is high (greater than 40%).
  • Unable to establish if China Chunlai Education Group's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (46%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess China Chunlai Education Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. China Chunlai Education Group has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from China Chunlai Education Group dividends. Estimated to be 7.9% next year.
If you bought HK$2,000 of China Chunlai Education Group shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate China Chunlai Education Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China Chunlai Education Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1969 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Hong Kong Consumer Services Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 2%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 965 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 1.9%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1969 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2022-08-31 0.13 1.00
2021-08-31 0.11 1.00
2020-08-31 0.10 1.00
2019-08-31 0.07 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as China Chunlai Education Group has not reported any payouts.
  • Unable to verify if China Chunlai Education Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China Chunlai Education Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China Chunlai Education Group has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3x coverage).
X
Income/ dividend checks
We assess China Chunlai Education Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can China Chunlai Education Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Chunlai Education Group has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Junyu Hou
AGE 26
TENURE AS CEO 1.2 years
CEO Bio

Mr. Junyu Hou has been Chief Executive Officer at China Chunlai Education Group Co., Ltd. since February 12, 2018 and has been its Executive Director since November 15, 2017.

CEO Compensation
  • Insufficient data for Junyu to compare compensation growth.
  • Insufficient data for Junyu to establish whether their remuneration is reasonable compared to companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the China Chunlai Education Group management team in years:

1.2
Average Tenure
35
Average Age
  • The average tenure for the China Chunlai Education Group management team is less than 2 years, this suggests a new team.
Management Team

Junyu Hou

TITLE
CEO & Executive Director
AGE
26
TENURE
1.2 yrs

Zhen Zhao

TITLE
Chief Financial Officer
AGE
34
TENURE
1.2 yrs

Yongqi Jiang

TITLE
Head of Human Resources
AGE
33
TENURE
1.2 yrs

Shuqin Jiang

TITLE
Executive Director
AGE
52

Wei Liu

TITLE
Head of Business Support Services Department
AGE
37

Yu Kit Wong

TITLE
Company Secretary
AGE
36
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the China Chunlai Education Group board of directors in years:

1.2
Average Tenure
43.5
Average Age
  • The average tenure for the China Chunlai Education Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Chunlai Hou

TITLE
Chairman of the Board
AGE
49
TENURE
1.2 yrs

Junyu Hou

TITLE
CEO & Executive Director
AGE
26
TENURE
1.4 yrs

Shuqin Jiang

TITLE
Executive Director
AGE
52
TENURE
1.2 yrs

Joanna Fok

TITLE
Independent Non-Executive Director
AGE
38
TENURE
1.2 yrs

Tsz Man Lau

TITLE
Independent Non-Executive Director
AGE
34
TENURE
1.2 yrs

Xiaobin Jin

TITLE
Independent Non-Executive Director
AGE
63
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
13. Sep 18 Buy Xiang Rong International Limited Company 13. Sep 18 13. Sep 18 66,037,000 HK$2.08 HK$137,357,094
X
Management checks
We assess China Chunlai Education Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. China Chunlai Education Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Why We Think China Chunlai Education Group Co., Ltd. (HKG:1969) Could Be Worth Looking At

I've been keeping an eye on China Chunlai Education Group Co., Ltd. … Looking at the company as a whole, as a potential stock investment, I believe 1969 has a lot to offer. … In the following section, I expand a bit more on these key aspects.

Simply Wall St -

Does China Chunlai Education Group Co., Ltd. (HKG:1969) Have A Good P/E Ratio?

We'll look at China Chunlai Education Group Co., Ltd.'s (HKG:1969) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Price per Share (in the reporting currency) ÷ Earnings per Share (EPS) … P/E of 9.92 = CN¥1.34 (Note: this is the share price in the reporting currency, namely, CNY ) ÷ CN¥0.14

Simply Wall St -

China Chunlai Education Group Co., Ltd. (HKG:1969) Earns A Nice Return On Capital Employed

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

China Chunlai Education Group Co., Ltd. (HKG:1969) Delivered A Better ROE Than Its Industry

By way of learning-by-doing, we'll look at ROE to gain a better understanding of China Chunlai Education Group Co., Ltd. … Over the last twelve months China Chunlai Education Group has recorded a ROE of 20%. … View our latest analysis for China Chunlai Education Group?

Simply Wall St -

What Kind Of Shareholders Own China Chunlai Education Group Co., Ltd. (HKG:1969)?

The big shareholder groups in China Chunlai Education Group Co., Ltd. … With a market capitalization of HK$1.8b, China Chunlai Education Group is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for China Chunlai Education Group

Simply Wall St -

Do You Like China Chunlai Education Group Co., Ltd. (HKG:1969) At This P/E Ratio?

We'll show how you can use China Chunlai Education Group Co., Ltd.'s (HKG:1969) P/E ratio to inform your assessment of the investment opportunity. … China Chunlai Education Group has a P/E ratio of 9.47, based on the last twelve months. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS)

Simply Wall St -

Company Info

Description

China Chunlai Education Group Co., Ltd. provides private higher education services in the People’s Republic of China. It operates three colleges in Henan Province. The company was founded in 2004 and is headquartered in Shangqiu, the People’s Republic of China.

Details
Name: China Chunlai Education Group Co., Ltd.
1969
Exchange: SEHK
Founded: 2004
HK$1,824,000,000
1,200,000,000
Website: http://www.chunlaiedu.com
Address: China Chunlai Education Group Co., Ltd.
No.66 Beihai East Road,
Shangqiu,
Henan Province, 476000,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1969 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 13. Sep 2018
Number of employees
Current staff
Staff numbers
2,542
China Chunlai Education Group employees.
Industry
Education Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 13:03
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/03
Last earnings filing: 2018/12/19
Last earnings reported: 2018/08/31
Last annual earnings reported: 2018/08/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.