China Chunlai Education Group Full Year 2024 Earnings: EPS: CN¥0.65 (vs CN¥0.57 in FY 2023)

China Chunlai Education Group (HKG:1969) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥1.63b (up 8.9% from FY 2023).
• Net income: CN¥778.2m (up 14% from FY 2023).
• Profit margin: 48% (up from 46% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.65 (up from CN¥0.57 in FY 2023).

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

China Chunlai Education Group Earnings Insights

In the last 12 months, the only revenue segment was Operation of Private Higher Education Institutions contributing CN¥1.63b. The largest operating expense was General & Administrative costs, amounting to CN¥190.0m (107% of total expenses). Explore how 1969's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Consumer Services industry in Hong Kong.

Performance of the Hong Kong Consumer Services industry.

The company's shares are up 2.3% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for China Chunlai Education Group that you should be aware of before investing here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.