China New Higher Education Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

Simply Wall St.01-04

China New Higher Education Group (HKG:2001) Full Year 2024 ResultsKey Financial Results Revenue: CN¥2.41b (up 14% from FY 2023). Net income: CN¥756.1m (up 7.5% from FY 2023). Profit margin: 31% (down ...

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Net income: CN¥756.1m (up 7.5% from FY 2023). Profit margin: 31% (down ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/consumer-services/hkg-2001/china-new-higher-education-group-shares/news/china-new-higher-education-group-full-year-2024-earnings-rev\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1228","symbol_name":"教育服务","start_time":0,"source_url":"https://simplywall.st/stocks/hk/consumer-services/hkg-2001/china-new-higher-education-group-shares/news/china-new-higher-education-group-full-year-2024-earnings-rev","article_id":"2500107085","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/3112400-choice1-main-header/1585186606618"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2500107085","pubTimestamp":1735947047,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"China New Higher Education Group ( HKG:2001 ) Full Year 2024 Results Key Financial Results Revenue: CN¥2.41b (up 14...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1228":"教育服务","BK1595":"民办高教","TTM.AU":"TITAN MINERALS LTD","TTM":"塔塔汽车","BK4099":"汽车制造商","BK7104":"黄金","BK4523":"印度概念","BK1500":"做空集合股","02001":"新高教集团"},"translate_title":"中国新高教集团2024年全年盈利：收入超出预期，每股收益符合预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02001":1,"TTM":1,"TTM.AU":1},"content_text":"China New Higher Education Group (HKG:2001) Full Year 2024 ResultsKey Financial Results Revenue: CN¥2.41b (up 14% from FY 2023). Net income: CN¥756.1m (up 7.5% from FY 2023). Profit margin: 31% (down from 33% in FY 2023). The decrease in margin was driven by higher expenses. EPS: CN¥0.49 (up from CN¥0.45 in FY 2023).  SEHK:2001 Revenue and Expenses Breakdown January 3rd 2025 All figures shown in the chart above are for the trailing 12 month (TTM) period China New Higher Education Group Revenues Beat Expectations  Revenue exceeded analyst estimates by 2.0%.  Earnings per share (EPS) was mostly in line with analyst estimates.      In the last 12 months, the only revenue segment was Provision of Education Services contributing CN¥2.41b. Notably, cost of sales worth CN¥1.54b amounted to 64% of total revenue thereby underscoring the impact on earnings.  The largest operating expense was General & Administrative costs, amounting to CN¥113.4m (74% of total expenses).  Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥33.9m. Explore how 2001's revenue and expenses shape its earnings.  Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Services industry in Hong Kong.    Performance of the Hong Kong Consumer Services industry.  The company's share price is broadly unchanged from a week ago.   Risk Analysis We don't want to rain on the parade too much, but we did also find 3 warning signs for China New Higher Education Group (1 shouldn't be ignored!) that you need to be mindful of. New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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