China Education Group Holdings Limited (HKG: 0839)

China Education Group Holdings Income Statement

Financials in millions CNY. Fiscal year is September - August.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Feb 29, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
Revenue	6,125	5,616	4,756	3,682	2,678	1,955
Revenue Growth (YoY)	18.24%	18.08%	29.17%	37.49%	37.00%	39.70%
Cost of Revenue	2,715	2,452	2,002	1,507	1,077	833.4
Gross Profit	3,410	3,164	2,754	2,175	1,601	1,121
Selling, General & Admin	1,048	957	894	643	507.19	405.78
Other Operating Expenses	-	-	-	20	27.76	-
Operating Expenses	1,048	957	894	663	534.95	405.78
Operating Income	2,362	2,207	1,860	1,512	1,066	715.69
Interest Expense	-506	-469	-308	-162	-92.61	-85.76
Interest & Investment Income	88	77	61	43	18.36	33.52
Currency Exchange Gain (Loss)	-66	-66	-123	33	42.96	-65.89
Other Non Operating Income (Expenses)	324	239	248	193	113.28	71.1
EBT Excluding Unusual Items	2,202	1,988	1,738	1,619	1,148	668.66
Impairment of Goodwill	-206	-206	-70	-59	-	-
Gain (Loss) on Sale of Investments	33	33	15	9	18.27	18.49
Gain (Loss) on Sale of Assets	-2	-2	-13	25	-2.3	-2.33
Asset Writedown	-252	-252	-	-	-	-
Other Unusual Items	-	-	299	-83	-434.42	-16.53
Pretax Income	1,775	1,561	1,969	1,511	729.58	668.3
Income Tax Expense	82	20	33	39	19.23	-18.94
Earnings From Continuing Operations	1,693	1,541	1,936	1,472	710.35	687.24
Net Income to Company	1,693	1,541	1,936	1,472	710.35	687.24
Minority Interest in Earnings	-219	-161	-91	-28	-77.15	-94.62
Net Income	1,474	1,380	1,845	1,444	633.2	592.62
Net Income to Common	1,474	1,380	1,845	1,444	633.2	592.62
Net Income Growth	-10.83%	-25.20%	27.77%	128.05%	6.85%	10.48%
Shares Outstanding (Basic)	2,552	2,495	2,395	2,220	2,024	2,020
Shares Outstanding (Diluted)	2,556	2,499	2,503	2,404	2,040	2,032
Shares Change (YoY)	4.58%	-0.16%	4.12%	17.87%	0.37%	0.15%
EPS (Basic)	0.58	0.55	0.77	0.65	0.31	0.29
EPS (Diluted)	0.58	0.55	0.62	0.54	0.31	0.29
EPS Growth	-15.42%	-10.60%	14.31%	74.03%	6.48%	10.33%
Free Cash Flow	-	1,028	582	-311	67.18	548.03
Free Cash Flow Per Share	-	0.41	0.23	-0.13	0.03	0.27
Dividend Per Share	0.323	0.299	0.336	0.331	0.241	0.114
Dividend Growth	-35.34%	-10.90%	1.29%	37.40%	111.42%	18.11%
Gross Margin	55.67%	56.34%	57.91%	59.07%	59.78%	57.37%
Operating Margin	38.56%	39.30%	39.11%	41.06%	39.81%	36.61%
Profit Margin	24.07%	24.57%	38.79%	39.22%	23.64%	30.31%
Free Cash Flow Margin	-	18.30%	12.24%	-8.45%	2.51%	28.03%
EBITDA	3,043	2,874	2,419	1,881	1,339	936.06
EBITDA Margin	49.67%	51.18%	50.86%	51.09%	49.99%	47.88%
D&A For EBITDA	680.5	667	559	369	272.66	220.36
EBIT	2,362	2,207	1,860	1,512	1,066	715.69
EBIT Margin	38.56%	39.30%	39.11%	41.06%	39.81%	36.61%
Effective Tax Rate	4.62%	1.28%	1.68%	2.58%	2.64%	-

Source: S&P Capital IQ. Standard template. Financial Sources.