Financials QuantaSing Group Limited

Equities

QSG

US74767N1072

Miscellaneous Educational Service Providers

Market Closed - Nasdaq Other stock markets 04:00:02 2024-05-16 pm EDT			5-day change	1st Jan Change
2.8 ^USD	-9.09%		-15.15%	+79.49%

Mar. 18	Silver lining: Tutoring the elderly is growing fast in China	RE
Mar. 07	Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading	MT

Valuation

Fiscal Period: June	2023	2024	2025	2026
Capitalization ¹	3,379	1,162	-	-
Enterprise Value (EV) ¹	3,379	1,162	1,162	1,162
P/E ratio	-48.6 x	12.3 x	8.01 x	-
Yield	-	-	-	-
Capitalization / Revenue	1.1 x	0.32 x	0.28 x	0.25 x
EV / Revenue	1.1 x	0.32 x	0.28 x	0.25 x
EV / EBITDA	41.3 x	3.14 x	2.31 x	2.03 x
EV / FCF	-	-	-	-
FCF Yield	-	-	-	-
Price to Book	-	-	-	-
Nbr of stocks (in thousands)	55,206	56,485	-	-
Reference price ²	61.20	20.58	20.58	20.58
Announcement Date	9/15/23	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June	2022	2023	2024	2025	2026
Net sales ¹	-	3,081	3,644	4,216	4,714
EBITDA ¹	-	81.74	369.6	502.9	572.4
EBIT ¹	-	78.02	339	480.3	570.2
Operating Margin	-	2.53%	9.3%	11.39%	12.1%
Earnings before Tax (EBT) ¹	-	-86.97	340.8	470.4	-
Net income ¹	-233.4	-108.5	302.2	405.8	-
Net margin	-	-3.52%	8.29%	9.63%	-
EPS ²	-5.260	-1.260	1.670	2.570	-
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share	-	-	-	-	-
Announcement Date	12/20/22	9/15/23	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June	2023 Q2	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2
Net sales ¹	786.4	869.1	980.5	927	946.4	994.6	1,194
EBITDA ¹	-	-	83.05	82.14	84.08	64.22	130.5
EBIT ¹	-	71.52	98.6	72.57	74.75	62.78	129.1
Operating Margin	-	8.23%	10.06%	7.83%	7.9%	6.31%	10.81%
Earnings before Tax (EBT) ¹	-	59.93	107	74.77	76.96	64.94	131.2
Net income ¹	-51.44	66.68	107.6	63.48	64.27	58.44	118.1
Net margin	-6.54%	7.67%	10.97%	6.85%	6.79%	5.88%	9.89%
EPS ²	-	0.3800	0.6400	0.3300	0.3200	-	-
Dividend per Share	-	-	-	-	-	-	-
Announcement Date	2/27/23	12/13/23	3/7/24	-	-	-	-

¹CNY in Million²CNY

Estimates

Balance Sheet Analysis

Fiscal Period: June	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-
Net Cash position	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	-	-	102%	61.7%	46.1%
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets ¹	-	-	-	-	-
Book Value Per Share	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-
Capex ¹	-	-	5.75	6.47	-
Capex / Sales	-	-	0.16%	0.15%	-
Announcement Date	12/20/22	9/15/23	-	-	-

¹CNY in Million

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for QuantaSing Group Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

20.58 CNY

Average target price

54.42 CNY

Spread / Average Target

+164.48%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Miscellaneous Educational Service Providers

	1st Jan change	Capi.
QUANTASING GROUP LIMITED	+79.49%	161M
NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC.	+14.23%	13.86B
TAL EDUCATION GROUP	+3.33%	8.33B
GRAND CANYON EDUCATION, INC.	+9.82%	4.25B
STRIDE, INC.	+18.80%	3B
STRATEGIC EDUCATION, INC.	+29.74%	2.92B
LAUREATE EDUCATION, INC.	+18.02%	2.51B
ADTALEM GLOBAL EDUCATION INC.	+11.81%	2.48B
GAOTU TECHEDU INC.	+120.72%	2.06B
BENESSE HOLDINGS, INC.	-0.58%	1.61B

Miscellaneous Educational Service Providers