Financials Leader Education Limited

Equities

1449

KYG5421B1086

Miscellaneous Educational Service Providers

Market Closed - Hong Kong S.E. 04:08:07 2024-05-09 am EDT 5-day change 1st Jan Change
0.31 HKD 0.00% Intraday chart for Leader Education Limited -18.42% -19.48%

Valuation

Fiscal Period: August 2020 2021 2022 2023
Capitalization 1 783.4 282.4 172.6 271.5
Enterprise Value (EV) 1 1,237 843.4 771.3 920.3
P/E ratio 14.2 x 5.43 x 3.08 x 4.71 x
Yield - - - -
Capitalization / Revenue 5.02 x 1.44 x 0.72 x 0.98 x
EV / Revenue 7.93 x 4.3 x 3.24 x 3.34 x
EV / EBITDA 12.5 x 8.19 x 8 x 8.39 x
EV / FCF -8.32 x -16.8 x -88.8 x 34.2 x
FCF Yield -12% -5.96% -1.13% 2.92%
Price to Book 0.98 x 0.33 x 0.19 x 0.3 x
Nbr of stocks (in thousands) 666,667 666,667 666,667 666,667
Reference price 2 1.175 0.4236 0.2589 0.4072
Announcement Date 12/30/20 12/30/21 12/21/23 12/21/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Net sales 1 117.5 138.2 156.1 196.1 238.3 275.8
EBITDA 1 74.04 88.13 99.13 103 96.44 109.7
EBIT 1 55.43 69.14 73.81 67.82 59 63.04
Operating Margin 47.18% 50.02% 47.28% 34.58% 24.76% 22.86%
Earnings before Tax (EBT) 1 57.15 70.36 43.84 52.01 56.02 57.59
Net income 1 56.28 70.21 42.36 52.01 56.02 57.6
Net margin 47.9% 50.8% 27.14% 26.52% 23.51% 20.89%
EPS - - 0.0827 0.0780 0.0840 0.0864
Free Cash Flow 1 22.12 -83.82 -148.6 -50.29 -8.69 26.87
FCF margin 18.83% -60.65% -95.22% -25.64% -3.65% 9.75%
FCF Conversion (EBITDA) 29.88% - - - - 24.5%
FCF Conversion (Net income) 39.31% - - - - 46.65%
Dividend per Share - - - - - -
Announcement Date 7/20/20 7/20/20 12/30/20 12/30/21 12/21/23 12/21/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Net Debt 1 532 590 454 561 599 649
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 7.185 x 6.699 x 4.58 x 5.448 x 6.208 x 5.915 x
Free Cash Flow 1 22.1 -83.8 -149 -50.3 -8.69 26.9
ROE (net income / shareholders' equity) 15.8% 16.5% 6.95% 6.31% 6.36% 6.32%
ROA (Net income/ Total Assets) 2.66% 2.96% 2.67% 2.19% 1.82% 1.85%
Assets 1 2,112 2,373 1,588 2,374 3,086 3,115
Book Value Per Share - - 1.200 1.270 1.370 1.360
Cash Flow per Share - - 0.5100 0.4600 0.3800 0.4100
Capex 1 37.7 131 154 201 104 132
Capex / Sales 32.06% 94.44% 98.85% 102.72% 43.55% 47.85%
Announcement Date 7/20/20 7/20/20 12/30/20 12/30/21 12/21/23 12/21/23
1CNY in Million
Estimates
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