China Beststudy Education Group (HKG:3978)

HKG:3978 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	2,035	1,904	1,102	489.31	491.13	1,899
Revenue Growth	6.88%	72.82%	125.21%	-0.37%	-74.13%	12.49%
Gross Profit Gross Profit Growth	924.03	863.86	510.12	229.86	173.06	729.35
Operating Income Operating Income Growth	414.71	386.79	256.87	131.51	7.5	186.06
Net Income Net Income Growth	320.22	301.47	192.45	91.25	56.29	-325.03
Earnings Per Share EPS Growth	0.41	0.39	0.26	0.12	0.07	-0.43
EPS Growth	6.56%	51.72%	110.91%	62.02%	-	-

Revenue by Segment

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue from Comprehensive Talent Business Revenue from Comprehensive Talent Business Growth	1,642	1,502	713.43	139.41	81.5	73.96
Revenue from Tutoring Programs Revenue from Tutoring Programs Growth	231.9	222.91	181.44	144.92	245.36	1,663
Revenue from Full-time Test Preparation Programs Revenue from Full-time Test Preparation Programs Growth	147.07	163.18	206.76	204.76	163.52	161.64
Revenue Sales of Talent Education Materials Revenue Sales of Talent Education Materials Growth	9.08	7.15	-	-	-	-
Other Product and Services Other Product and Services Growth	-	9.38	0.36	0.22	0.75	0.47

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	1,081	1,223	740.27	395.88	338.22	686.42
Total Debt Total Debt Growth	331.66	336.08	285.3	190.42	199.53	570.6
Net Cash (Debt) Net Cash Growth	748.98	887.32	454.98	205.47	138.69	115.81
Net Cash Growth	-15.59%	95.03%	121.44%	48.15%	19.75%	-45.92%
Net Cash Per Share Net Cash Per Share Growth	0.97	1.14	0.60	0.27	0.18	0.15

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	-	593.22	820.84	291.17	-31.95	-53.43
Capital Expenditures CapEx Growth	-	-44.38	-50.12	-16.97	-44.09	-129.47
Free Cash Flow Free Cash Flow Growth	-	548.84	770.72	274.2	-76.04	-182.9
Free Cash Flow Growth	-	-28.79%	181.08%	-	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	45.40%	45.36%	46.29%	46.98%	35.24%	38.41%
Operating Margin	20.38%	20.31%	23.31%	26.88%	1.53%	9.80%
Pretax Margin	19.85%	19.97%	22.55%	23.04%	9.01%	-14.40%
Profit Margin	15.73%	15.83%	17.46%	18.65%	11.46%	-17.12%
FCF Margin	-	28.82%	69.94%	56.04%	-15.48%	-9.63%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Sep 7, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Dividend Per Share Dividend Per Share Growth	0.247	0.213	0.114	0.032
Dividend Per Share Growth	23.24%	86.84%	256.25%	-
Dividend Yield	9.11%	6.16%	3.55%	2.35%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 7, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	5.66	8.81	13.32	12.28	11.59	-
Forward PE	5.30	7.86	11.59	2.06	2.06	2.06
P/FCF Ratio	-	4.84	3.33	4.09	-	-
PS Ratio	0.83	1.39	2.33	2.29	1.33	0.10

Data Sources: S&P Global Market Intelligence and Fiscal.ai Last updated: Aug 20, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company. Revenue segment data is provided by Fiscal.ai.

Update frequency:

Semi-annually

Last checked:

Sep 6, 2026

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