New Risk • Apr 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$780.2m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 03
Full year 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in FY 2024) Full year 2025 results: EPS: CN¥0.21 (up from CN¥0.20 in FY 2024). Revenue: CN¥658.0m (up 1.5% from FY 2024). Net income: CN¥338.1m (up 2.4% from FY 2024). Profit margin: 51% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • Apr 02
New major risk - Revenue and earnings growth Earnings have declined by 0.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Mar 31
China Xinhua Education Group Limited, Annual General Meeting, Jun 16, 2026 China Xinhua Education Group Limited, Annual General Meeting, Jun 16, 2026. Announcement • Mar 19
China Xinhua Education Group Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 China Xinhua Education Group Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 02
First half 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 1H 2024) First half 2025 results: EPS: CN¥0.16 (up from CN¥0.13 in 1H 2024). Revenue: CN¥362.6m (up 1.9% from 1H 2024). Net income: CN¥256.3m (up 20% from 1H 2024). Profit margin: 71% (up from 60% in 1H 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 02
First half 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 1H 2024) First half 2025 results: EPS: CN¥0.16 (up from CN¥0.13 in 1H 2024). Revenue: CN¥362.6m (up 1.9% from 1H 2024). Net income: CN¥256.3m (up 20% from 1H 2024). Profit margin: 71% (up from 60% in 1H 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Aug 19
China Xinhua Education Group Limited to Report First Half, 2025 Results on Aug 29, 2025 China Xinhua Education Group Limited announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Jun 30
China Xinhua Education Group Limited Announces Appointments to the Nomination Committee, Effective from 27 June 2025 China Xinhua Education Group Limited announced that, each of Ms. Chen Ming, an executive Director, and Mr. Yao Heping, an independent non-executive Director, has been appointed as a member of the nomination committee of the Company (the "Nomination Committee") with effect from 27 June 2025. Following the above appointments, the Nomination Committee comprises five members, namely, Mr. Wu Junbao (chairman), Ms. Chen, Mr. Jiang Min, Mr. Yang Zhanjun and Mr. Yao. Reported Earnings • Apr 01
Full year 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in FY 2023) Full year 2024 results: EPS: CN¥0.20 (up from CN¥0.19 in FY 2023). Revenue: CN¥648.1m (flat on FY 2023). Net income: CN¥330.2m (up 7.5% from FY 2023). Profit margin: 51% (up from 48% in FY 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Apr 01
China Xinhua Education Group Limited, Annual General Meeting, Jun 26, 2025 China Xinhua Education Group Limited, Annual General Meeting, Jun 26, 2025. Announcement • Mar 20
China Xinhua Education Group Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 China Xinhua Education Group Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Announcement • Dec 30
China Xinhua Education Group Limited Announces Board Changes The board of directors of China Xinhua Education Group Limited announced that Mr. Lu Zhen ("Mr. Lu") has resigned as an executive Director of the Company with effect from 30 December 2024 due to other work allocation by the Group. The Board announced that Ms. Chen Ming ("Ms. Chen") has been appointed as an executive Director of the Company with effect from 30 December 2024. Ms. Chen Ming, aged 50, has more than 20 years of experience in finance and auditing. Ms. Chen graduated from Beijing Normal University with a bachelor's degree in electronic commerce and completed the chief financial officer programme organized by the China Europe International Business School in April 2021. Ms. Chen also obtained the internal auditor certificate issued by the China Internal Audit Association in October 2004 and the certified tax agent qualification issued by the Certified Tax Agents Association of China in May 2016. Ms. Chen joined Anhui Xinhua Education Group Co. Ltd. ("Xinhua Education Group") in September 1998. From September 1998 to May 2018, she served consecutively as deputy manager, manager, and deputy chief accountant of the planning and finance department of Xinhua Education Group. Ms. Chen served as assistant to the president of Anhui Xinhua Group Investment Co. Ltd. in May 2018 and is currently responsible for the overall management of the Group's procurement department and development and construction department. Reported Earnings • Sep 29
First half 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.11 in 1H 2023) First half 2024 results: EPS: CN¥0.13 (up from CN¥0.11 in 1H 2023). Revenue: CN¥355.7m (up 1.3% from 1H 2023). Net income: CN¥213.1m (up 18% from 1H 2023). Profit margin: 60% (up from 52% in 1H 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Announcement • Aug 20
China Xinhua Education Group Limited to Report Q2, 2024 Results on Aug 29, 2024 China Xinhua Education Group Limited announced that they will report Q2, 2024 results on Aug 29, 2024 Announcement • Jun 19
China Xinhua Education Group Limited Declares Final Dividend for the Year Ended 31 December 2023 China Xinhua Education Group Limited announced that at its AGM held on 18 June 2024, declared a final dividend of HK 6.32 cents (equivalent to approximately RMB 5.73 cents) per ordinary share for the year ended 31 December 2023. Upcoming Dividend • Jun 13
Upcoming dividend of HK$0.063 per share Eligible shareholders must have bought the stock before 20 June 2024. Payment date: 09 July 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 8.2%. Within top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (5.6%). Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.15 in FY 2022) Full year 2023 results: EPS: CN¥0.19 (up from CN¥0.15 in FY 2022). Revenue: CN¥642.7m (up 2.7% from FY 2022). Net income: CN¥307.1m (up 30% from FY 2022). Profit margin: 48% (up from 38% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Announcement • Mar 19
China Xinhua Education Group Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 China Xinhua Education Group Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Recent Insider Transactions • Dec 09
Independent Non Executive Director recently bought HK$52k worth of stock On the 8th of December, Min Jiang bought around 100k shares on-market at roughly HK$0.52 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$73k. Insiders have collectively bought HK$273k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 17
Independent Non Executive Director recently bought HK$73k worth of stock On the 14th of November, Min Jiang bought around 131k shares on-market at roughly HK$0.56 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Sep 01
First half 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in 1H 2022) First half 2023 results: EPS: CN¥0.11 (up from CN¥0.11 in 1H 2022). Revenue: CN¥351.1m (up 5.3% from 1H 2022). Net income: CN¥181.5m (up 5.2% from 1H 2022). Profit margin: 52% (in line with 1H 2022). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Services industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Announcement • Aug 19
China Xinhua Education Group Limited to Report First Half, 2023 Results on Aug 30, 2023 China Xinhua Education Group Limited announced that they will report first half, 2023 results on Aug 30, 2023 Announcement • Jun 17
China Xinhua Education Group Limited Approves Final Dividend for the Year Ended 31 December 2022 China Xinhua Education Group Limited at its AGM held on June 16, 2023 approved final dividend of HKD 0.0656 (equivalent to approximately RMB 0.0586) per ordinary share for the year ended 31 December 2022. Upcoming Dividend • Jun 13
Upcoming dividend of HK$0.066 per share at 8.0% yield Eligible shareholders must have bought the stock before 20 June 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 8.0%. Within top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (4.5%). Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.22 in FY 2021) Full year 2022 results: EPS: CN¥0.15 (down from CN¥0.22 in FY 2021). Revenue: CN¥625.5m (up 11% from FY 2021). Net income: CN¥235.5m (down 34% from FY 2021). Profit margin: 38% (down from 63% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 29% share price gain to HK$1.16, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 9x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 51% over the past three years. Announcement • Nov 18
China Xinhua Education Group Limited Announces Board Changes The board of directors of China Xinhua Education Group Limited announced that Mr. Chau Kwok Keung (Mr. Chau) has resigned as an independent non-executive Director and the chairman of the audit committee of the company with effect from 17 November 2022 due to his other personal engagement. The Board announced that Mr. Yao Heping (Mr. Yao), has been appointed as an independent non-executive Director and the chairman of the audit committee of the company with effect from 17 November 2022. Mr. Yao Heping, aged 60, has more than 30 years' experience in finance and corporate management fields. He has been the chairman of the board and general manager of Anhui ANLI Material Technology Co. Ltd. since 2015. He joined this company in 1995, and successively held various positions, including deputy general manager, general manager and chairman of the board, from 1995 to 2005. Mr. Yao obtained a bachelor degree in Agricultural Mechanization from Anhui Agricultural University. He graduated from Party School of Anhui Provincial Committee of C.P.C. with a major in law and obtained a postgraduate degree. He is a senior economist and a State Council Special Allowance Expert. Mr. Yao is a certified public accountant and a senior member of The Chinese Institute of Certified Public Accountants. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non Executive Director Min Jiang was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 08
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non Executive Director Min Jiang was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.13 in 1H 2021) First half 2022 results: EPS: CN¥0.11 (down from CN¥0.13 in 1H 2021). Revenue: CN¥333.5m (up 15% from 1H 2021). Net income: CN¥172.5m (down 17% from 1H 2021). Profit margin: 52% (down from 72% in 1H 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Announcement • Aug 31
China Xinhua Education Group Limited Announces Executive Changes China Xinhua Education Group Limited announces that Mr. Wong Yu Kit ("Mr. Wong") has tendered his resignation as the company secretary of the Company (the "Company Secretary") and has ceased to act as (i) an authorised representative of the Company (the "Authorised Representative ") under Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"); and (ii) an authorized representative of the Company under Rule 19.05(2) of the Listing Rules and Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) for the acceptance of service of process and notices on behalf of the Company in Hong Kong (the "Process Agent") with effect from 30 August 2022. The Board announced that Ms. Yu Anne ("Ms. Yu") has been appointed as the Company Secretary in replacement of Mr. Wong with effect from 30 August 2022. Ms. Yu Anne is the corporate secretarial executive of SWCS Corporate Services Group (Hong Kong) Limited and has over 20 years experiences in corporate secretarial field. Ms. Yu holds a bachelor's degree from University of Huddersfield in the United Kingdom and a Master of Law degree from The University of Law in the United Kingdom and she is also an associate member of both The Hong Kong Chartered Governance Institute and the Chartered Governance Institute in the United Kingdom. Announcement • Aug 18
China Xinhua Education Group Limited to Report First Half, 2022 Results on Aug 30, 2022 China Xinhua Education Group Limited announced that they will report first half, 2022 results on Aug 30, 2022 Announcement • Jun 17
China Xinhua Education Group Limited Declares Final Dividend for the Year Ended 31 December 2021 China Xinhua Education Group Limited Poll Results of Annual General Meeting Held on 16 June 2022 announced to declare a final dividend of 10.78 Hong Kong cents (equivalent to approximately 8.8 RMB cents) per share for the year ended 31 December 2021. Upcoming Dividend • Jun 13
Upcoming dividend of HK$0.11 per share Eligible shareholders must have bought the stock before 20 June 2022. Payment date: 06 July 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 7.5%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (5.1%). Reported Earnings • Apr 03
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: CN¥0.22 (up from CN¥0.20 in FY 2020). Revenue: CN¥565.4m (up 18% from FY 2020). Net income: CN¥354.5m (up 9.0% from FY 2020). Profit margin: 63% (down from 68% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Apr 01
China Xinhua Education Group Limited Proposes Final Cash Dividend for the Year Ended 31 December 2021, Payable on 06 July 2022 China Xinhua Education Group Limited proposed final cash dividend of HKD 0.1078 per share for the year ended 31 December 2021. Date of shareholders' approval is 16 June 2022. Ex-dividend date is 20 June 2022. Record date is 24 June 2022. Payment date is 06 July 2022. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment deteriorated over the past week After last week's 17% share price decline to HK$1.27, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 11x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 16% share price gain to HK$1.68, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 18% over the past three years. Reported Earnings • Sep 03
First half 2021 earnings released: EPS CN¥0.13 (vs CN¥0.095 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CN¥290.0m (up 19% from 1H 2020). Net income: CN¥207.7m (up 36% from 1H 2020). Profit margin: 72% (up from 62% in 1H 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jul 31
Founder & Chairman recently bought HK$1.7m worth of stock On the 30th of July, Junbao Wu bought around 915k shares on-market at roughly HK$1.81 per share. This was the largest purchase by an insider in the last 3 months. Junbao has been a buyer over the last 12 months, purchasing a net total of HK$3.3m worth in shares. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥1.68, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 50% over the past three years. Price Target Changed • Jul 08
Price target increased to HK$3.60 Up from HK$3.22, the current price target is an average from 3 analysts. New target price is 70% above last closing price of HK$2.12. Stock is down 11% over the past year. Upcoming Dividend • Jun 18
Upcoming dividend of HK$0.072 per share Eligible shareholders must have bought the stock before 25 June 2021. Payment date: 16 July 2021. Trailing yield: 3.3%. Lower than top quartile of Hong Kong dividend payers (6.0%). Higher than average of industry peers (2.1%). Announcement • Apr 29
China Xinhua Education Group Limited Proposes Final Dividend for the Year Ended 31 December 2020, Payable on or Around 2 July 2021 China Xinhua Education Group Limited proposed to declare a final dividend of 7.23 HK Cents per ordinary share of the Company for the year ended 31 December 2020, at the annual general meeting to be held on June 18, 2021. The proposed final dividend will be payable to the shareholders whose names appear on the register of members of the Company on 2 July 2021. The transfer books and register of members of the Company will be closed from 29 June 2021 to July 2021 (both days inclusive), during which period no transfer of shares in the Company will be effected. The final dividend will be payable on or around 2 July 2021. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥0.20 (vs CN¥0.17 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥478.8m (up 9.4% from FY 2019). Net income: CN¥325.3m (up 20% from FY 2019). Profit margin: 68% (up from 62% in FY 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Mar 16
China Xinhua Education Group Limited to Report Fiscal Year 2020 Results on Mar 26, 2021 China Xinhua Education Group Limited announced that they will report fiscal year 2020 results on Mar 26, 2021 Is New 90 Day High Low • Mar 01
New 90-day low: HK$2.18 The company is down 11% from its price of HK$2.45 on 01 December 2020. The Hong Kong market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$1.78 per share. Is New 90 Day High Low • Jan 19
New 90-day low: HK$2.29 The company is down 1.0% from its price of HK$2.32 on 21 October 2020. The Hong Kong market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$1.78 per share. Is New 90 Day High Low • Sep 28
New 90-day high: HK$2.69 The company is up 6.0% from its price of HK$2.54 on 30 June 2020. The Hong Kong market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Services industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$1.18 per share. Reported Earnings • Sep 26
First half earnings released Over the last 12 months the company has reported total profits of CN¥271.0m, largely unchanged from the prior year. Total revenue was CN¥455.0m over the last 12 months, up 10.0% from the prior year. Announcement • Aug 22
China Xinhua Education Group Limited to Report First Half, 2020 Results on Aug 27, 2020 China Xinhua Education Group Limited announced that they will report first half, 2020 results on Aug 27, 2020 
