000526 Xueda(Xiamen)Education Technology Group
- 60.67
- -2.02-3.22%
Xueda(Xiamen)Education Technology Group News
University Education (000526): Outstanding performance, new chairman opens a new chapter in governance
Incident: 1. On May 6, 2024, the company announced the repayment of Ziguang Zhuoyuan's loan principal amount of 65 million yuan, with the remaining loan principal amount of about 399 million yuan. 2. On April 27, 2024, the company issued 202
University Education (000526): Improved profitability, resilient demand, high revenue growth
Key investment points Xuedai Education's high revenue growth, benefiting from clear supply and demand resilience, Xuedai Education's revenue in 2023 was 2,213 billion yuan, an increase of 23.09%; 24Q1 revenue was 705 million yuan, an increase of 35 million yuan over the previous year
University Education (000526): Accelerated release of industrial dividends
The company's revenue performance grew rapidly, 24Q1 revenue of 700 million, up 36%, to the mother of 50 million (23Q1 was 0.05 billion); after deducting not 46 million (23Q1 was 111 million); 23A revenue of 22.1 million
University Education (000526): Strong increase in Q1 performance, contract debt continued to be realized in a positive education boom
Core view The company's revenue and net profit to mother increased by 23.09% and +1035.2% in '23, mainly due to strong demand for education and training, continued increase in market share in the company's compliance exhibition industry, and the company's further promotion of vocational education and literature
University Education (000526): Continued high growth in performance, medium- to long-term flexibility can still be expected
Performance Overview. The company released its 2023 annual report and 2024 quarterly report. (1) 2023: Revenue of 2.21 billion yuan, yoy +23.1%, net profit to mother of 150 million yuan, yoy +1035%.
University Education (000526): Profitability improved markedly, and the trend of contract debt at the end of the quarter is improving
Net profit for 2023 was 154 million yuan, in line with expectations. In 2023, the company's revenue was 2,213 billion/ +23.1%; net profit attributable to mother was 154 million yuan/ +1035.2%; deducted non-net profit 1.4
University Education (000526): Personalized leadership returns, diversification helps growth
Incident: The company released its 2023 annual report and 2024 quarterly report. During the reporting period, it achieved revenue of 2,213 million yuan and 705 million yuan, respectively, an increase of 23.09% and 35.97% year-on-year, respectively; net profit to mother
Express News | The net profit of the “one-on-one” education and training institution Xueda Education increased tenfold last year. The agency said the industry is in strong demand
Express News | University Education: Net profit of RMB 50,1847 million for the first quarter of 2024 increased 886.44% year-on-year
University Education (000526): Q1 income and performance both exceeded expectations and accelerated repayment progress
Incident Overview In 2023, the company's revenue/net profit attributable to mother/ net profit deducted from non-mother and operating cash flow were 22.13/1.54/1.41/607 million yuan, respectively, up 23.09%/1035.24%/
University Education (000526): Comprehensive education has strong service capabilities and stable profit delivery
A quality education provider that accelerates multi-industry layout. The company released financial reports for the year 23 and 24Q1. 23 achieved revenue of 2.2 billion yuan (yoy +23.09%) and net profit of 154 million yuan to mother, which is basically in line with our previous expectations
University Education (000526): Net profit returned to mother in 2024Q1, 50.18 million, strong demand for high school education and training
In 2023, the company achieved an overall net profit of 154 million yuan, a significant increase over the previous year: the company disclosed the 2023 annual report and the 2024 quarterly report. For the whole of 2023, the company achieved revenue of 2.21 billion yuan, compared to the same period
Tianfeng Securities released a research report on April 26 stating that it gave Xueda Education (000526.SZ) a purchase rating. The main reasons for the rating include: 1) Wu Shengwu applied to resign as chairman of the company; 2) the majority shareholder
Tianfeng Securities released a research report on April 26 stating that it gave Xueda Education (000526.SZ) a purchase rating. The main reasons for the rating include: 1) Wu Shengwu applied to resign as chairman of the company; 2) the majority shareholder is stable and the company is stabilizing; 3) speeding up repayment and sending a positive signal; 4) Recently, it once again paid back 100 million yuan to Ziguang Zhuoyuan, with a remaining 464 million yuan; 5) Xueda Education Group was awarded a license from the Beijing-Tianjin-Hebei University of Craftsmen (Tianjin) Training Practice Base. (Mainichi Keizai Shimbun)
University Education (000526): Chairman resigns to speed up repayment and set sail again
Wu Shengwu applied for the resignation of the company's chairman and other positions The board of directors of the company recently received a written resignation report from Mr. Wu Shengwu. Due to personal development reasons, Mr. Wu Shengwu applied to resign as chairman, director, and related positions in the special committee set up by the board of directors of the company
Xueda (Xiamen) Education Technology Chairman Resigns
Xueda (Xiamen) Education Technology (SHE: 000526) said its chairman, Wu Shengwu, resigned for personal reasons, according to a Tuesday filing on the Shenzhen bourse. A successor to Wu is yet to be nam
The education sector strengthened; Kaiyuan Education rose more than 6%, Code Education rose nearly 5%, and University Education and Guoxin Culture followed suit.
The education sector strengthened; Kaiyuan Education rose more than 6%, Code Education rose nearly 5%, and University Education and Guoxin Culture followed suit.
University Education (000526.SZ): Wu Shengwu resigns as chairman
Zhitong Finance App News, Xueda Education (000526.SZ) issued an announcement. The board of directors of the company recently received a written resignation report submitted by Wu Shengwu. Wu Shengwu applied to resign from positions related to the company's chairman, director, and special committee under the board of directors due to personal development. After his resignation, he no longer held any position in the company or its holding subsidiary. After Wu Shengwu's resignation, the number of current directors of the company was reduced from 7 to 6, which did not cause the number of members of the company's board of directors to fall below the quorum. His resignation will not affect the normal operation of the company's board of directors. His resignation application took effect from the date it was delivered to the company's board of directors. The company's board of directors will complete it soon
The education sector declined at the beginning of the market. Broadcom shares and Xueda Education fell more than 2%, while MeiJim, China Hi-Tech, Kode Education, and Kaiyuan Education followed suit
The education sector declined at the beginning of the market. Broadcom shares and Xueda Education fell more than 2%, while MeiJim, China Hi-Tech, Kode Education, and Kaiyuan Education followed suit
Cinda Securities: The K12 industry has broad market space, and industry concentration is expected to increase
Cinda Securities released a research report saying that the K12 industry has a broad market space. Among them, demand for non-subject training is strong, participation rates have increased dramatically, and the market is expected to grow at an accelerated pace to meet the demand for subject education and training. However, the market pattern is very scattered, and concentration is expected to increase after the supply-side experience is greatly cleared. Furthermore, the policy is expected to further clarify the future development path, reduce market concerns about the development prospects of the industry, and raise sector valuations. It is recommended to focus on Good Future (TAL.US), New Oriental-S (09901.HK), University Education (000526.SZ), Onli Education (600661.SH), Zhuo
The culture, education, and leisure sector fluctuated higher. As of press release, Jiuqi shares had risen or stopped, and Shifeng Culture had risen more than 9%. Shuhua Sports, Onli Education, Xueda Education, Zhonglu Shares, and MeiJim had the highest ga
The culture, education, and leisure sector fluctuated higher. As of press release, Jiuqi shares had risen or stopped, and Shifeng Culture had risen more than 9%. Shuhua Sports, Onli Education, Xueda Education, Zhonglu Shares, and MeiJim had the highest gains.
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