Breakdown | ||||
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
2.35B | 2.35B | 2.39B | 1.11B | 1.01B | Gross Profit |
1.26B | 1.28B | 1.36B | 567.08M | 516.49M | EBIT |
394.62M | 490.23M | 615.96M | 317.64M | 295.64M | EBITDA |
790.24M | 732.53M | 830.51M | 445.53M | 412.88M | Net Income Common Stockholders |
138.87M | 490.07M | 576.89M | 131.47M | 341.61M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
3.30B | 3.68B | 2.97B | 2.63B | 1.41B | Total Assets |
11.37B | 11.96B | 11.44B | 9.11B | 7.08B | Total Debt |
2.14B | 2.36B | 1.98B | 1.90B | 651.21M | Net Debt |
-1.05B | -1.12B | -771.30M | -723.42M | -657.15M | Total Liabilities |
5.42B | 6.92B | 6.65B | 4.95B | 3.21B | Stockholders Equity |
5.09B | 4.82B | 4.59B | 4.04B | 3.76B |
Cash Flow | Free Cash Flow | |||
107.38M | 332.09M | 220.96M | 247.37M | 161.99M | Operating Cash Flow |
552.32M | 719.84M | 830.47M | 457.26M | 389.61M | Investing Cash Flow |
-355.24M | -235.92M | -362.10M | -631.38M | -634.07M | Financing Cash Flow |
-489.57M | 227.22M | -328.64M | 1.38B | 138.91M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
65 Neutral | HK$1.52B | 3.01 | 5.49% | ― | 1.44% | -65.90% | |
61 Neutral | $6.65B | 11.64 | 3.00% | 3.98% | 2.61% | -21.41% | |
53 Neutral | HK$246.98M | 2.27 | 16.80% | 48.25% | -41.24% | -36.17% | |
51 Neutral | HK$577.83M | 456.67 | 0.02% | 7.15% | -18.89% | -99.23% |
Minsheng Education Group Co. Ltd. announced the agenda for its upcoming annual general meeting, which includes the consideration of audited financial statements, re-election of directors, and re-appointment of auditors. The meeting will also address resolutions related to the company’s ability to issue additional shares, potentially impacting its capital structure and shareholder value.
Minsheng Education Group Co. Ltd. reported a significant decline in its financial performance for the year ended December 31, 2024, with a 17.2% decrease in total revenue and a 41.2% drop in adjusted EBITDA compared to the previous year. Despite these declines, the company’s gearing ratio remains healthy at 37.0%, indicating stable financial management. The announcement highlights challenges in the company’s operations, potentially impacting its market positioning and stakeholder confidence.
Minsheng Education Group Co. Ltd. announced changes in its Nomination Committee, effective from March 19, 2025. Mr. Yu Huangcheng has been appointed as the new chairman, while Ms. Zhang Weiping joins as a member. These changes align with the updated Corporate Governance Code and aim to enhance the board’s effectiveness and diversity, thereby strengthening the company’s corporate governance practices.
Minsheng Education Group Co. Ltd. announced the composition of its board of directors, detailing the roles and functions of each member. The board includes executive, non-executive, and independent non-executive directors, and has established three committees: Audit, Remuneration, and Nomination, with specific directors assigned to each committee. This announcement clarifies the governance structure, potentially impacting stakeholders’ understanding of the company’s leadership and decision-making processes.
Minsheng Education Group Company Limited has announced the effective establishment of its Nomination Committee as of March 19, 2025, following a resolution passed by the Board of Directors. The Committee, consisting primarily of independent non-executive directors, is tasked with reviewing and recommending changes to the Board’s structure, size, and composition to align with the company’s corporate strategy. This move is expected to enhance the governance and strategic oversight of the company, potentially impacting its operations and stakeholder relations positively.
Minsheng Education Group Co. Ltd. has issued a profit warning, indicating an expected decrease in net profit by approximately 60% to 70% for the year ended December 31, 2024, compared to the previous year. This decline is attributed to increased investment in school operations and the expansion of teaching teams, as well as a significant drop in net profit from online education entities due to market conditions and enrollment suspensions.