Financials Xueda (Xiamen) Education Technology Group Co., Ltd

Equities

000526

CNE0000005F0

Miscellaneous Educational Service Providers

End-of-day quote Shenzhen S.E. 23:00:00 13/05/2024 BST 5-day change 1st Jan Change
66.3 CNY +4.92% Intraday chart for Xueda (Xiamen) Education Technology Group Co., Ltd +1.70% +32.63%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,992 5,040 2,236 2,102 8,097 8,097 -
Enterprise Value (EV) 1 2,992 5,040 2,236 2,102 6,105 8,097 8,097
P/E ratio 224 x 115 x -4.04 x 193 x 38.3 x 30.8 x 23.8 x
Yield - - - - 0.57% 1.03% 1.34%
Capitalization / Revenue - 2.07 x - - 2.76 x 2.88 x 2.38 x
EV / Revenue - 2.07 x - - 2.76 x 2.88 x 2.38 x
EV / EBITDA - 23 x - - 19.3 x 16.5 x 13.2 x
EV / FCF - - - - 12.8 x 16 x 9.71 x
FCF Yield - - - - 7.83% 6.24% 10.3%
Price to Book - 35.9 x - - 10.1 x 9.43 x 6.88 x
Nbr of stocks (in thousands) 96,195 96,195 117,763 117,763 122,125 122,125 -
Reference price 2 31.10 52.39 18.99 17.85 66.30 66.30 66.30
Announcement Date 14/04/20 12/04/21 25/04/22 24/04/23 26/04/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 - 2,430 - - 2,213 2,816 3,404
EBITDA 1 - 219.2 - - 316.5 489.9 615.5
EBIT 1 - 81.46 - - 226.1 373.4 492.4
Operating Margin - 3.35% - - 10.22% 13.26% 14.47%
Earnings before Tax (EBT) 1 - 77.92 - - 220.8 360.7 482.2
Net income 1 13.38 43.69 - 10.89 153.8 262.8 340.1
Net margin - 1.8% - - 6.95% 9.33% 9.99%
EPS 2 0.1391 0.4542 -4.695 0.0925 1.306 2.150 2.786
Free Cash Flow 1 - - - - 478 505 834
FCF margin - - - - 21.6% 17.93% 24.5%
FCF Conversion (EBITDA) - - - - 151.02% 103.09% 135.5%
FCF Conversion (Net income) - - - - 310.8% 192.14% 245.21%
Dividend per Share 2 - - - - 0.3800 0.6800 0.8900
Announcement Date 14/04/20 12/04/21 25/04/22 24/04/23 26/04/24 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2022 2023 2024 2025
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - - - 478 505 834
ROE (net income / shareholders' equity) - 36.5% - 29.9% 31.8% 29.9%
ROA (Net income/ Total Assets) - 1.23% - 4.4% 7.2% 8%
Assets 1 - 3,557 - 3,333 3,650 4,252
Book Value Per Share 2 - 1.460 - 4.950 7.030 9.630
Cash Flow per Share 2 - 1.740 - 4.970 4.570 7.110
Capex 1 - 122 - 129 38.7 52.5
Capex / Sales - 5.01% - 5.85% 1.37% 1.54%
Announcement Date 14/04/20 12/04/21 24/04/23 26/04/24 - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
66.3 CNY
Average target price
69.99 CNY
Spread / Average Target
+5.57%
Consensus

Annual profits - Rate of surprise

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