No Stock Yet
Zhonghui Group (0382.HK): embracing the steady growth of industry dividends, the second curve opens the upward space
Editor's note: on July 28, 2022, the "2022 Summer Hong Kong Stock Investment Forum" created by Gelonghui was held in Shenzhen. Many executives of high-quality listed companies come to zero-distance online communication with investors. In order to let more investors know more about listed companies and accurately capture future investment opportunities, Gronghui organized this roadshow speech of listed companies for you. On the day of the event, the management of Zhonghui Group attended the roadshow and exchanged the latest situation of the company and the industry with investors. Zhonghui Group is a famous provider of higher education and vocational education, mainly located in the domestic Guangdong-Hong Kong-Macau Greater Bay Area and Chengdu-Chongqing Economic Circle.
Sino-Thai International: all businesses go hand in hand to maintain the target price of HK $3.80 and "buy" rating of 0382.HK.
China Foreign Exchange Group (0382.HK)'s results in the first three quarters of 2022 are in line with expectations, thanks to volume and price-driven results, according to a Sino-Thai international research report on July 26. The income in the first three quarters was 1.26 billion yuan, up 39.5% from the same period last year, of which the income from non-academic vocational education was 53 million yuan, up 57% from the same period last year. The gross profit margin was 50.3%, an increase of 0.4 ppts over the same period last year; the number of enrolled students was about 78000, an increase of 24.9% over the same period last year; the enrollment situation of freshmen in the 23rd academic year was optimistic. The total enrollment plan of its China Business School was 10900, an increase of 20.5% over the same period last year.
00382.HK Group has granted options to subscribe for up to 11.4494 million shares
00382.HK announced that on 15 July 2022, the Company granted share options to 25 eligible share option grantees under the share option Scheme to subscribe for a total of up to 11449440 shares under the share option Scheme subject to their acceptance; and 81448 Award shares (all existing shares) to one Award share grantee of the share Award Scheme, subject to their acceptance.
Zhonghui Group (00382) granted share options
Zhonghui Group (00382) announced that on July 15, 2022, the Company granted share options to 25 eligible share option grantees under the share option Scheme to subscribe for a total of up to 11.449 million shares under the share option Scheme and 81400 award shares to one award share grantee of the share Award Scheme.
Zhonghui Group (00382) issues 10.5424 million coupon shares
Zhitong Financial App News, Zhonghui Group (00382) issued an announcement on June 30, 2022 to issue 10.5424 million dividend shares at an issue price of HK $2.258 per share under the interim dividend plan for the six months ended February 28, 2022.
Changes in Hong Kong stocks | Zhonghui Group (00382) up 5% means that the industry's average income growth rate is higher than expected and the valuation will continue to rise.
Zhonghui Group (00382) remained active, rising 5 per cent in early afternoon, Zhitong Financial APP learned. The agency expects the industry's average income growth in fiscal year 23 to reach 20-25%, which is higher than expected. At the same time, industry valuations will continue to rise. As of press time, Zhonghui Group rose 4.56% to HK $2.75. On June 29, Shen Wanhongyuan reported that we counted that the total enrollment places of the six Hong Kong-listed private higher education companies in the financial year 22 up 23 increased by an average of 15%, an increase of 6 percentage points year on year. Considering the growth forecast of the average tuition fee of about 5%, the industry's average income is expected to grow by about 5% in fiscal year 23.
Changes in Hong Kong stocks | Yuhua Education (06169) leads the higher vocational education institutions by pointing out that the increase in the number of places will help the valuation repair inflection point to come ahead of time.
Zhitong Financial APP learned that the education sector rose during the day, higher vocational education stocks continued to rebound, with Yuhua Education (06169) and Hope Education (01765) leading the way. Huatai said that the increase in the number of students has strengthened the market's confidence in the sustained endogenous growth of private higher education and contributed to the early arrival of the inflection point of plate liquidity improvement and valuation repair. As of press time, Yuhua Education (06169) rose 8.73% to HK $1.37; Hope Education (01765) rose 7.02% to HK $0.61; China Oriental Education (00667) rose 6.98% to HK $4.14; Zhongjiao Holdings
Changes in Hong Kong stocks | Zhonghui Group (00382) rose more than 5% in the afternoon to welcome a number of catalyst institutions to maintain an optimistic rating in the higher vocational education sector.
Zhitong Financial APP learned that Zhonghui Group (00382) rose more than 5% in the afternoon and rose 5.41% to HK $2.73 as of press time, with a turnover of HK $3.0167 million. Shen Wanhongyuan said that the recent upward catalyst for the stock price of the higher vocational education sector includes: the enrollment plans of various university companies were released in June, with the increase in the number of students and average tuition fees maintaining a growth rate of more than 5%. Ensure that the growth of income in fiscal year 23 is more than 10%; substantial progress has been made in the selection of for-profit schools to ease market concerns about the market-oriented operation of schools. The bank maintains an optimistic rating on the Hong Kong stock higher vocational education sector and recommends Zhonghui Group to pay attention to it.
Changes in Hong Kong stocks Zhonghui Group (00382) rose more than 13% in the afternoon. Institutions are optimistic about the long-term development of applied undergraduate and vocational education schools.
Zhitong Financial APP learned that Zhonghui Group (00382) rose more than 13% in the afternoon and rose 11.3% to HK $2.56 as of press time, with a turnover of HK $8.2781 million. Huatai said recently that the structural contradictions in China's labor market may exist for a long time. In the long run, the supply of high-quality skilled personnel is still in short supply, and the higher education sector, which is dominated by applied undergraduate and vocational education schools, is expected to benefit in the long run on both the demand side and the policy side. It is reported that Zhonghui Group recently released interim results, with revenue rising 48.4% to 823 million yuan over the same period last year, and net profit from home increased by 52.5% over the same period last year.
Zhonghui Group: 2022 interim report
No Stock Yet