Financials JH Educational Technology INC.

Equities

1935

KYG6578D1034

Miscellaneous Educational Service Providers

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.69 HKD +1.47% Intraday chart for JH Educational Technology INC. +2.99% -2.82%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 2,203 5,349 3,678 1,711 1,033
Enterprise Value (EV) 1 1,254 4,198 2,400 200.4 -1,071
P/E ratio 11.1 x 20.1 x 11.3 x 4.66 x 2.66 x
Yield 2.73% 1.26% - 1.24% -
Capitalization / Revenue 4.54 x 9.53 x 5.37 x 2.09 x 1.18 x
EV / Revenue 2.58 x 7.48 x 3.51 x 0.24 x -1.23 x
EV / EBITDA 5.06 x 12.6 x 5.8 x 0.43 x -2.22 x
EV / FCF 11.9 x 23.9 x 20.5 x 1.19 x -2.77 x
FCF Yield 8.41% 4.18% 4.89% 84.1% -36.1%
Price to Book 1.34 x 3 x 1.88 x 0.73 x 0.38 x
Nbr of stocks (in thousands) 1,600,830 1,600,830 1,600,830 1,600,830 1,600,830
Reference price 2 1.376 3.341 2.298 1.069 0.6453
Announcement Date 4/21/20 4/14/21 4/19/22 4/19/23 4/16/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 301.8 485.1 561.3 684.6 819.4 873.3
EBITDA 1 142.3 247.8 334.1 413.8 466.9 481.2
EBIT 1 111.5 198.7 287.1 364.7 409.9 419.3
Operating Margin 36.95% 40.95% 51.15% 53.27% 50.03% 48.02%
Earnings before Tax (EBT) 1 288.2 230.3 327.3 409.7 474.8 504.3
Net income 1 156 175.8 265.9 326 366.7 388.2
Net margin 51.7% 36.23% 47.38% 47.62% 44.76% 44.45%
EPS 2 0.0975 0.1241 0.1661 0.2037 0.2291 0.2425
Free Cash Flow 1 360.4 105.4 175.5 117.3 168.5 386.9
FCF margin 119.42% 21.73% 31.26% 17.14% 20.56% 44.3%
FCF Conversion (EBITDA) 253.35% 42.53% 52.52% 28.36% 36.08% 80.4%
FCF Conversion (Net income) 230.98% 59.96% 65.98% 35.99% 45.94% 99.66%
Dividend per Share - 0.0375 0.0421 - 0.0133 -
Announcement Date 6/3/19 4/21/20 4/14/21 4/19/22 4/19/23 4/16/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 368 949 1,151 1,279 1,510 2,104
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 360 105 175 117 168 387
ROE (net income / shareholders' equity) 22.6% 13.6% 15.6% 17.7% 17.7% 15.9%
ROA (Net income/ Total Assets) 3.93% 5.82% 7.11% 8.05% 7.83% 6.82%
Assets 1 3,971 3,022 3,738 4,049 4,682 5,695
Book Value Per Share 2 0.6700 1.030 1.110 1.220 1.460 1.690
Cash Flow per Share 2 0.1100 0.3300 0.7200 0.7700 0.9400 1.250
Capex 1 27.6 96.4 113 286 182 74.1
Capex / Sales 9.15% 19.88% 20.19% 41.73% 22.24% 8.48%
Announcement Date 6/3/19 4/21/20 4/14/21 4/19/22 4/19/23 4/16/24
1CNY in Million2CNY
Estimates
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