Financials China YuHua Education Corporation Limited

Equities

6169

KYG2120K1094

School, College & University

Market Closed - Hong Kong S.E. 09:08:16 02/05/2024 BST 5-day change 1st Jan Change
0.49 HKD -27.94% Intraday chart for China YuHua Education Corporation Limited -24.62% -10.91%

Valuation

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,882 21,769 11,485 3,912 2,770 1,637 - -
Enterprise Value (EV) 1 11,996 20,532 10,529 2,109 2,667 361.7 603.7 -472.3
P/E ratio 26.3 x 109 x 34.5 x 3.51 x 3.2 x 1.84 x 1.75 x 1.86 x
Yield 2.96% 2.07% 2.91% - - - - 26.4%
Capitalization / Revenue 7.51 x 9.04 x 4.34 x 1.64 x 1.16 x 0.66 x 0.63 x 0.6 x
EV / Revenue 7 x 8.52 x 3.98 x 0.89 x 1.12 x 0.15 x 0.23 x -0.17 x
EV / EBITDA 16.3 x 31.1 x 4.86 x 1.53 x 1.81 x 0.28 x 0.44 x -0.33 x
EV / FCF 11.2 x 31.7 x 5.97 x 1.13 x -1.45 x 0.46 x 1.22 x -0.86 x
FCF Yield 8.92% 3.16% 16.8% 88.7% -68.9% 218% 82.2% -116%
Price to Book 3.09 x 6 x 3.07 x 0.68 x 0.4 x 0.21 x 0.18 x 0.17 x
Nbr of stocks (in thousands) 3,261,256 3,316,138 3,331,638 3,594,494 3,606,788 3,606,788 - -
Reference price 2 3.950 6.565 3.447 1.088 0.7681 0.4538 0.4538 0.4538
Announcement Date 29/11/19 23/11/20 30/11/21 27/02/23 30/11/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,714 2,409 2,643 2,380 2,380 2,471 2,601 2,729
EBITDA 1 737.3 659.1 2,168 1,378 1,472 1,296 1,374 1,440
EBIT 1 566.9 412.1 1,938 1,146 1,128 1,022 1,034 1,090
Operating Margin 33.06% 17.11% 73.31% 48.14% 47.38% 41.39% 39.78% 39.96%
Earnings before Tax (EBT) 1 541.5 310.9 1,886 1,126 1,139 980.6 1,013 1,083
Net income 1 485 203.8 824.5 1,126 1,135 951.7 960.6 917.5
Net margin 28.29% 8.46% 31.19% 47.29% 47.67% 38.52% 36.94% 33.63%
EPS 2 0.1500 0.0600 0.1000 0.3100 0.2400 0.2467 0.2600 0.2433
Free Cash Flow 1 1,070 648.3 1,764 1,870 -1,836 788 496 547
FCF margin 62.39% 26.91% 66.73% 78.55% -77.15% 31.89% 19.07% 20.05%
FCF Conversion (EBITDA) 145.08% 98.36% 81.36% 135.66% - 60.79% 36.11% 37.99%
FCF Conversion (Net income) 220.57% 318.06% 213.93% 166.09% - 82.8% 51.64% 59.62%
Dividend per Share 2 0.1168 0.1358 0.1004 - - - - 0.1200
Announcement Date 29/11/19 23/11/20 30/11/21 27/02/23 30/11/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: August 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2
Net sales 1 913.5 1,260 1,149 1,365 1,278 - 1,177
EBITDA - - 398.1 - 846.3 - -
EBIT 1 - - 281.7 741.9 1,196 - 593.1
Operating Margin - - 24.52% 54.33% 93.6% - 50.4%
Earnings before Tax (EBT) 1 - - 230.4 - 1,017 - 582
Net income 1 - - 186.6 - -24.71 542.3 583.4
Net margin - - 16.24% - -1.93% - 49.58%
EPS 0.0500 - - - - 0.1500 -
Dividend per Share - - - - - - -
Announcement Date 29/11/19 27/04/20 23/11/20 27/04/21 30/11/21 26/05/22 27/02/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 886 1,237 956 1,803 104 1,275 1,033 2,109
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,070 648 1,764 1,870 -1,836 788 496 547
ROE (net income / shareholders' equity) 20.1% 28.5% 22.3% 23.6% 17.8% 12.2% 11.3% 9.72%
ROA (Net income/ Total Assets) 9.96% 10.7% 8.85% 11% 9.67% 7.49% 7.62% 6.6%
Assets 1 4,869 1,910 9,315 10,202 11,740 12,715 12,606 13,912
Book Value Per Share 2 1.280 1.090 1.120 1.610 1.930 2.190 2.460 2.670
Cash Flow per Share 2 0.3800 0.3000 0.5300 0.5600 0.1100 0.3900 0.3600 0.3600
Capex 1 180 360 236 314 2,255 782 898 546
Capex / Sales 10.5% 14.96% 8.93% 13.17% 94.75% 31.63% 34.53% 20.01%
Announcement Date 29/11/19 23/11/20 30/11/21 27/02/23 30/11/23 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
0.4538 CNY
Average target price
1.215 CNY
Spread / Average Target
+167.67%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. 6169 Stock
  4. Financials China YuHua Education Corporation Limited