Shen Wan Hongyuan: Maintaining the New Higher Education Group (02001) “Buy” Rating Target Price of HK$3.46
Shen Wan Hongyuan believes that the average tuition fee for the New Higher Education Group (02001) is expected to maintain a compound annual growth rate of 5.2% from fiscal year 24 to 26.
New Higher Education Group announced interim results, net profit of 432 million yuan, an increase of 10.6% year-on-year
New Higher Education Group (02001) announced results for the six months ended February 29, 2024. The group achieved total revenue of 1,482 billion yuan (RMB, same below) during the period, up 12.2% year on year; main revenue of 1,311 billion yuan, up 13.8% year on year; net profit to mother of 432 million yuan, up 10.6% year on year; and basic profit per share of 0.28 yuan. According to the announcement, the increase in revenue is mainly due to continued utilization of the advantages of group schools, continued high-quality connotative development, and a steady increase in tuition and accommodation income.
China New Higher Education 6-Mos Ended Feb Net CNY432.0M Vs. CNY390.5M >2001.HK
China New Higher Education 6-Mos Ended Feb Net CNY432.0M Vs. CNY390.5M >2001.HK
Net profit of New Higher Education Group (02001.HK) increased 10.6% to $432 million in the medium term
Gelonghui, April 24, 丨 New Higher Education Group (02001.HK) announced that for the six months ended February 29, 2024, the Group's main revenue increased 13.8% year on year to RMB 1,311 billion, and net profit to mother increased 10.6% year on year to RMB 432 million. The Group will maintain cash dividends for the 2023/2024 fiscal year. It will adopt an annual dividend payment method and maintain a dividend payout ratio of 50%. In the 2023/2024 school year, the total number of students enrolled in the Group's schools was about 140,000. The number of new students increased 2.7% year-on-year. The student structure was further optimized, and the proportion of undergraduate students continued
新高教集團:截至2024年2月29日止六個月中期業績公告
New Higher Education Group (02001.HK) plans to hold a board meeting on April 24 to approve the interim results
Gelonghui, April 12, 丨 New Higher Education Group (02001.HK) issued an announcement. The board meeting will be held on April 24, 2024 (Wednesday) to approve (among other things) the Group's interim results and announcements for the six months ended February 29, 2024, and consider paying an interim dividend (if any).
NEW HIGHER EDU: NOTICE OF BOARD MEETING
The Return Trends At China New Higher Education Group (HKG:2001) Look Promising
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. One common approach is to try and find a company with return
New Higher Education Group (02001): Shen Chunmei retires as executive director
The New Higher Education Group (02001) issued an announcement. As stated in the circular, according to Rule 84, although Shen Chunmei is eligible...
Guotai Junan: Clear supply, promote transformation, lead education and training, and start restoration
Guotai Junan released a research report saying that the education and training sector is steadily returning to standardized development, focusing on the release of performance and boosting valuation. With the gradual introduction of rules at the executive level, clarification of penalty rules and supervisory subjects, and gradual entry into normalized classification and supervision; the education industry is stabilizing and trending upward. Currently, it has strong and scarce operational resilience, and sector valuations are expected to be boosted.
China New Higher Education Group Limited (HKG:2001) Stock Catapults 26% Though Its Price And Business Still Lag The Market
China New Higher Education Group Limited (HKG:2001) shareholders would be excited to see that the share price has had a great month, posting a 26% gain and recovering from prior weakness. Not all s
Changes in Hong Kong stocks | Yuhua Education (06169) rose more than 9%, leading education stocks in high school and non-subject training or facing major development opportunities
Education stocks continued to rise in early trading. As of press release, Yuhua Education (06169) rose 8.79% to HK$0.495; New Higher Education Group (02001) rose 4.13% to HK$2.52; China Oriental Education (00667) rose 4.12% to HK$2.53; and China Education Holdings (00839) rose 3.68% to HK$4.23.
Is Now An Opportune Moment To Examine China New Higher Education Group Limited (HKG:2001)?
China New Higher Education Group Limited (HKG:2001), is not the largest company out there, but it received a lot of attention from a substantial price increase on the SEHK over the last few months
Changes in Hong Kong stocks | Education stocks once again, Gao Guangzheng Education (06068) once rose more than 20%, and favorable out-of-school training policies were released
Education stocks rose again. As of press release, Guangzheng Education (06068) rose 16.95% to HK$0.345; New Higher Education Group (02001) rose 5.45% to HK$2.32; and Tianli International Holdings (01773) rose 3.26% to HK$3.17.
Changes in Hong Kong stocks | Xie Le Education (01769) rose more than 10%, leading the Education Stock Extracurricular Training Regulations, a draft solicitation of comments was released to clarify that it was a supplement to school education
The Zhitong Finance App learned that the increase in education stocks increased in the afternoon. As of press release, Simile Education (01769) rose 9.68% to HK$2.72; Excellent Education Group (03978) rose 4.88% to HK$1.72; New Higher Education Group (02001) rose 1.84% to HK$2.21; and New Oriental-S (09901) rose 1.77% to HK$69.05. According to the news, on February 8, the Ministry of Education issued the “Regulations on the Administration of Out-of-School Training (Draft for Comments)” to further regulate primary and secondary school students and preschoolers aged 3-6 following the “double reduction” policy
Some education stocks were strong, People's Livelihood Education (01569) rose 6.12%, and the Ministry of Education made a three-year work plan for double reduction
Jinwu Financial News | Some education stocks were strong. Minsheng Education (01569) rose 6.12%, Lide Education (01449) rose 5.26%, Ginkgo Education (01851) rose 4.9%, New Higher Education Group (02001) rose 3.72%, Chenlin Education (01593) rose 1.76%, and China Oriental Education (00667) rose 1.99%. In order to thoroughly implement the decisions and arrangements for the “double reduction” work and anchor the three-year goal, the Ministry of Education held a national “double reduction” work video dispatch conference in Beijing, proposing that the national supervision platform should be fully used to review training materials and personnel on a regular basis, and proposed
Changes in Hong Kong stocks | New Oriental-S (09901) rose more than 4%, leading the way, education stock regulatory boundaries tend to be clear, industry supply clear, and demand is strong
Education stocks picked up in early trading. As of press release, New Oriental-S (09901) rose 4.15% to HK$57.7; Yuhua Education (06169) rose 3.85% to HK$0.54; New Higher Education Group (02001) rose 1.35% to HK$2.26; and Zhonghui Group (00382) rose 0.39% to HK$2.58.
新高教集團:2022/2023年報
New Higher Education Group (02001) will pay a final dividend of 0.096 yuan per share on September 20, 2024
New Higher Education Group (02001) announced that the company will pay a final dividend per shareholder on September 20, 2024...
NEW HIGHER EDU To Go Ex-Dividend On August 23rd, 2024 With 0.10504 HKD Dividend Per Share
November 29th - $NEW HIGHER EDU(02001.HK)$ is trading ex-dividend on August 23rd, 2024. Shareholders of record on August 26th, 2024 will receive 0.10504 HKD dividend per share on September 20th, 2
No Data