Announcement • Apr 16
China General Education Group Limited to Report First Half, 2026 Results on Apr 29, 2026 China General Education Group Limited announced that they will report first half, 2026 results on Apr 29, 2026 New Risk • Mar 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 7.5% per year over the past 5 years. High level of non-cash earnings (30% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to HK$3.57, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 8x in the Consumer Services industry in Hong Kong. Total returns to shareholders of 26% over the past year. Reported Earnings • Nov 28
Full year 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.23 in FY 2024) Full year 2025 results: EPS: CN¥0.16 (down from CN¥0.23 in FY 2024). Revenue: CN¥329.8m (flat on FY 2024). Net income: CN¥76.3m (down 30% from FY 2024). Profit margin: 23% (down from 33% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Nov 28
China General Education Group Limited, Annual General Meeting, Jan 15, 2026 China General Education Group Limited, Annual General Meeting, Jan 15, 2026. Announcement • Nov 14
China General Education Group Limited to Report Fiscal Year 2025 Results on Nov 27, 2025 China General Education Group Limited announced that they will report fiscal year 2025 results on Nov 27, 2025 Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$2.91, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 7x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to HK$2.28, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 7x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 37% over the past three years. New Risk • Sep 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.6% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to HK$2.12, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 8x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 48% over the past three years. Announcement • Apr 15
China General Education Group Limited to Report First Half, 2025 Results on Apr 29, 2025 China General Education Group Limited announced that they will report first half, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$2.74, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 11x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to HK$3.28, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 9x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$2.35, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 9x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to HK$1.80, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 9x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 54% over the past three years. New Risk • Jan 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 2.8% per year over the past 5 years. Reported Earnings • Jan 03
Full year 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.29 in FY 2023) Full year 2024 results: EPS: CN¥0.23 (down from CN¥0.29 in FY 2023). Revenue: CN¥331.1m (up 2.5% from FY 2023). Net income: CN¥108.4m (down 21% from FY 2023). Profit margin: 33% (down from 43% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 29
Full year 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.29 in FY 2023) Full year 2024 results: EPS: CN¥0.23 (down from CN¥0.29 in FY 2023). Revenue: CN¥331.1m (up 2.5% from FY 2023). Net income: CN¥108.4m (down 21% from FY 2023). Profit margin: 33% (down from 43% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to HK$1.51, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 6x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 66% over the past three years. Announcement • Nov 18
China General Education Group Limited to Report Fiscal Year 2024 Results on Nov 28, 2024 China General Education Group Limited announced that they will report fiscal year 2024 results on Nov 28, 2024 Announcement • Jun 05
China General Education Group Limited to Report First Half, 2023 Results on Jun 07, 2024 China General Education Group Limited announced that they will report first half, 2023 results on Jun 07, 2024 Announcement • May 29
China General Education Group Limited Announces Management Changes China General Education Group Limited announced the following changes in the board and composition in the nomination committee of the company (nomination committee) and composition in the remuneration committee of the company (remuneration committee), all with effect from 27 May 2024: Mr. Niu Sanping has resigned as an executive director, the chairman of the board, and a member and chairman of the nomination committee; and Mr. Niu Jian has resigned as an executive director, the chief executive officer of the company, a member of the Remuneration Committee and an authorised representative of the Company for purpose of Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Listing Rules). Following the resignation of Mr. Niu Jian, the Company has appointed Mr. Niu Xiaojun, an executive Director, as an authorized representative of the company for the purpose of Rule 3.05 of the Listing Rules. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chi Wah Wong was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Nov 12
China General Education Group Limited to Report Fiscal Year 2022 Results on Nov 28, 2022 China General Education Group Limited announced that they will report fiscal year 2022 results on Nov 28, 2022 Announcement • Jul 21
China General Education Group Limited Announces Board Changes The board of directors of China General Education Group Limited announced that Mr. Yau Wai Man Philip ("Mr. Yau") has tendered his resignation as an independent non-executive director of the Company with effect from 20 July 2022 in order to devote more of his time and dedication to his other work commitments. The Board announced that Mr. Wong Chi Wah has been appointed as an independent non-executive director of the Company with effect from 20 July 2022. Mr. WONG Chi Wah, aged 48, has over 20 years of experience in auditing andaccounting fields. He has been the chief financial officer of Wanguo International MiningGroup Limited (a company listed on The Stock Exchange of Hong Kong Limited (the "StockExchange") with stock code 3939) since July 2011 and its company secretary since May2012. From February 2010 to June 2011, Mr. Wong served as the chief financial controllerand company secretary of China Automotive Interior Decoration Holdings Limited (acompany listed on the Stock Exchange with stock code 48). Mr. Wong served as the financialcontroller of Kingsun-Aima Biotech Co. Ltd. from 2003 to 2010. Mr. Wong worked at Ernst& Young from February 2000 to September 2003, with his last position as senior accountant,and worked at RSM Nelson Wheeler from June 1996 to January 2000, with his last position asaudit senior. Mr. Wong obtained a bachelor's degree in accountancy from The Hong Kong PolytechnicUniversity in November 1996. He is a fellow member of the Association of CharteredCertified Accountants and a member of the Hong Kong Institute of Certified PublicAccountants. Following the resignation of Mr. Yau as an independent non-executive director, he ceasesto be the chairman of the audit committee of the Board (the "Audit Committee") and amember of the remuneration committee of the Board (the "Remuneration Committee").Mr. Wong has been appointed as the chairman of the Audit Committee and a member of theRemuneration Committee with effect from 20 July 2022. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 15% share price gain to HK$4.29, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 8x in the Consumer Services industry in Hong Kong. Reported Earnings • Jun 01
First half 2022 earnings released First half 2022 results: EPS: CN¥0.13. Revenue: CN¥170.4m (flat on 1H 2021). Net income: CN¥64.9m (up CN¥64.9m from 1H 2021). Profit margin: 38% (up from null in 1H 2021). Reported Earnings • May 02
First half 2022 earnings released First half 2022 results: Revenue: (flat on 1H 2021). Net income: (flat on 1H 2021). Profit margin: (in line with 1H 2021). Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Philip Yau was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Apr 20
China General Education Group Limited to Report First Half, 2022 Results on Apr 29, 2022 China General Education Group Limited announced that they will report first half, 2022 results on Apr 29, 2022 Reported Earnings • Dec 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.33. Revenue: CN¥289.3m (up 6.7% from FY 2020). Net income: CN¥129.8m (down 9.1% from FY 2020). Profit margin: 45% (down from 53% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Announcement • Jul 16
China General Education Group Limited has completed an IPO in the amount of HKD 461.25 million. China General Education Group Limited has completed an IPO in the amount of HKD 461.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 125,000,000
Price\Range: HKD 3.69
Discount Per Security: HKD 0.09225
Transaction Features: Regulation S 
