銀杏教育:2023年度報告
Ginkgo Education (01851.HK)'s annual profit increased by about 74.1% to about 148 million yuan
On March 27, Ge Longhui | Ginkgo Education (01851.HK) announced that for the year ended December 31, 2023, the company's revenue was approximately RMB 354.9 million, an increase of about 24.0%. This increase is mainly due to (i) tuition fees for the reporting period of approximately RMB 303.4 million, an increase of about 22.9%, and (ii) accommodation fees for the reporting period of approximately RMB 24.9 million, an increase of approximately 27.5%. The increase was due to the increase in the number of students enrolled in the 2023/2024 academic year and the increase in average tuition and accommodation fees. The Group's profit increased by about 74.1% to about people during the reporting period
Ginkgo Education (01851) announced its 2023 annual results, with net profit of 148 million yuan, an increase of 74.1% over the previous year
Ginkgo Education (01851) announced its annual results for the year ended December 31, 2023, with revenue of 355 million yuan (...
GINGKO EDU: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
GINGKO EDU: Clarification Announcement Date of Board Meeting
Changes in Hong Kong stocks 丨 Ginkgo Education once rose by more than 40%, and is expected to earn more than 50% more last year
Glonghui, March 15 | Ginkgo Education (1851.HK) is pleased to see a profit increase of more than 50% last year, stimulating the stock price to rise 41.3% to HK$1.3 this morning. However, transactions have been weak. Up to now, the transaction was less than HK$1 million. The company expects profit attributable to shareholders to increase by no less than 50% for the year ending the end of last year, mainly benefiting from the number of enrolled students; a significant increase in average tuition and accommodation fees; and a reduction in financial expenses due to a decrease in loan balances and a decrease in interest rates on new Group loans.
China Gingko Education Expects 50% Higher Profit in 2023
China Gingko Education Group (HKG:1851) expects a year-on-year increase of 50% in net profit attributable to owners of the company for the year ended Dec. 31, 2023, from 85 million yuan in the previou
Ginkgo Education (01851.HK) Yingxi: Net profit is expected to increase by no less than 50% year-on-year in 2023
On March 15, Ge Longhui | Ginkgo Education (01851.HK) announced that for the year ended December 31, 2023, compared with the net profit due to company owners of about RMB 85 million in 2022, the Group expects to record an increase of no less than 50% in net profit attributable to company owners during the reporting period. According to the announcement, the above increase was mainly due to (a) the number of students enrolled in the Group; (b) a significant increase in average tuition and accommodation fees; and (c) a reduction in financial expenses due to a decrease in loan balances and a decrease in interest rates on the Group's new loans. As of December 31, 2023, the number of students enrolled in the Group was the same
GINGKO EDU: POSITIVE PROFIT ALERT
Express News | Ministry of Education: Will implement a pilot comprehensive reform of higher education
Guotai Junan: Clear supply, promote transformation, lead education and training, and start restoration
Guotai Junan released a research report saying that the education and training sector is steadily returning to standardized development, focusing on the release of performance and boosting valuation. With the gradual introduction of rules at the executive level, clarification of penalty rules and supervisory subjects, and gradual entry into normalized classification and supervision; the education industry is stabilizing and trending upward. Currently, it has strong and scarce operational resilience, and sector valuations are expected to be boosted.
Express News | Ministry of Education: Anchored the three-year target to overcome difficulties and ensure that the central government's “double reduction” task is completed as scheduled
Express News | GF Securities: The trend of double recovery in the education sector's performance and valuation can continue
Express News | 5 are strictly prohibited! Four departments further regulate after-school services for compulsory education
Express News | Galaxy Securities: The regulatory policy for the education and training industry is clear, and the industry returns to standardized development
Intraday quick review | Hong Kong stocks weakened again, NIO bucked the market and rose nearly 6%; education and property management stocks had the highest declines, and Country Garden services fell more than 10%
Internet technology stocks had mixed ups and downs. Meituan fell nearly 4%, Bilibili fell more than 3%, JD fell more than 2%, Ali fell nearly 1%, Baidu and Tencent fell slightly, and Xiaomi and NetEase rose slightly, and Xiaomi and NetEase rose about 1%; education stocks had the highest decline, Thought Education fell nearly 12%, Hope Education fell nearly 7%, and New Oriental fell more than 5%.
CITIC Securities's 24-year strategy for the education industry: Actively pay attention to industry changes, leading companies move up the ranks
CITIC Securities believes that along with the positive changes in the education industry, some leading companies are expected to show strong growth potential.
Will the education industry face disruptive changes? OpenAI considers introducing ChatGPT into classrooms
① OpenAI is expected to form a team in 2024 to study the education industry's application prospects for ChatGPT; ② Schools and teachers thought this was the worst thing that had happened, but after a few months, they began to see the benefits of ChatGPT.
Express News | Dongguan Securities: Publishing industry is recovering steadily, AI+ education opens up new value space
Intraday quick overview | The decline in Hong Kong stocks increased, with the Hang Seng Index and the Coke Index both falling by about 1%; Science and Technology Network stocks had the highest declines, NetEase fell nearly 4%, and Meituan fell more than 3
The Hang Seng Index fell 0.98% and the Hang Seng Technology Index fell 1.29%. Science and Technology Network stocks declined collectively, with NetEase and Meituan falling more than 3%, Tencent, JD, Ali, and Bilibili falling about 1%, and Xiaomi, Baidu, and Kuaishou falling slightly; education stocks strengthened, China Oriental Education rose more than 5%, Hope Education and New Oriental rose nearly 2%, and China Education Holdings rose more than 1%.
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