02001 NEW HIGHER EDU
- 2.490
- +0.060+2.47%
NEW HIGHER EDU News
New Higher Education Group (02001.HK): Endogenous growth and resilience highlight the expected acceleration of school construction in Guizhou
1HFY24 revenue and adjusted net profit to mother are basically in line with market expectations. The company announced 1HFY24 results: total revenue of 1.31 billion yuan, up 13.8% year on year; adjusted net profit to mother of 426 million yuan, same
Shen Wan Hongyuan: Maintaining the New Higher Education Group (02001) “Buy” Rating Target Price of HK$3.46
Shen Wan Hongyuan believes that the average tuition fee for the New Higher Education Group (02001) is expected to maintain a compound annual growth rate of 5.2% from fiscal year 24 to 26.
New Higher Education Group (2001.HK): Price increases contribute to revenue growth and maintain 50% annual dividends
Event Overview FY2024H1 Group's total revenue/main business revenue/net profit attributable to mothers/net profit adjusted to mother were 14.82/13.11/4.32/426 billion yuan respectively, up 12.2%/13.8% year-on-year
China New Higher Education China New Higher Education 6-Mos Ended Feb Rev CNY1.48B Vs. CNY1.32B >2001.HK
China New Higher Education China New Higher Education 6-Mos Ended Feb Rev CNY1.48B Vs. CNY1.32B >2001.HK
New Higher Education Group (02001.HK): Continued improvement in academic education levels, steady growth in performance
New Higher Education Group announced its semi-annual report for FY24, with revenue of RMB 1.31 billion, up 13.8% year on year; adjusted net profit to mother was RMB 426 million, up 7.6% year on year. Revenue and profit growth are in line with me
New Higher Education Group (2001.HK): Endogenous steady maintenance of high dividend expectations
1HFY24's performance is basically in line with expectations. As a long-distance runner in the higher education industry, the new Higher Education Group 1HFY24 achieved revenue of 1,311 billion yuan (yoy +13.8%) and net profit of 432 million yuan (yoy+)
Express News | New Higher Education Group: Net profit for the first six months of fiscal year 2024 is 432 million yuan, and the implementation rate for the 2023 graduation destination is 96.97%
Net profit of New Higher Education Group (02001.HK) increased 10.6% to $432 million in the medium term
Gelonghui, April 24, 丨 New Higher Education Group (02001.HK) announced that for the six months ended February 29, 2024, the Group's main revenue increased 13.8% year on year to RMB 1,311 billion, and net profit to mother increased 10.6% year on year to RMB 432 million. The Group will maintain cash dividends for the 2023/2024 fiscal year. It will adopt an annual dividend payment method and maintain a dividend payout ratio of 50%. In the 2023/2024 school year, the total number of students enrolled in the Group's schools was about 140,000. The number of new students increased 2.7% year-on-year. The student structure was further optimized, and the proportion of undergraduate students continued
新高教集團：截至2024年2月29日止六個月中期業績公告
New Higher Education Group (02001.HK) plans to hold a board meeting on April 24 to approve the interim results
Gelonghui, April 12, 丨 New Higher Education Group (02001.HK) issued an announcement. The board meeting will be held on April 24, 2024 (Wednesday) to approve (among other things) the Group's interim results and announcements for the six months ended February 29, 2024, and consider paying an interim dividend (if any).
NEW HIGHER EDU: NOTICE OF BOARD MEETING
Express News | Ministry of Education: Will implement a pilot comprehensive reform of higher education
New Higher Education Group (02001): Shen Chunmei retires as executive director
The New Higher Education Group (02001) issued an announcement. As stated in the circular, according to Rule 84, although Shen Chunmei is eligible...
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.
Changes in Hong Kong stocks | Yuhua Education (06169) rose more than 9%, leading education stocks in high school and non-subject training or facing major development opportunities
Education stocks continued to rise in early trading. As of press release, Yuhua Education (06169) rose 8.79% to HK$0.495; New Higher Education Group (02001) rose 4.13% to HK$2.52; China Oriental Education (00667) rose 4.12% to HK$2.53; and China Education Holdings (00839) rose 3.68% to HK$4.23.
Changes in Hong Kong stocks | Education stocks once again, Gao Guangzheng Education (06068) once rose more than 20%, and favorable out-of-school training policies were released
Education stocks rose again. As of press release, Guangzheng Education (06068) rose 16.95% to HK$0.345; New Higher Education Group (02001) rose 5.45% to HK$2.32; and Tianli International Holdings (01773) rose 3.26% to HK$3.17.
Changes in Hong Kong stocks | Xie Le Education (01769) rose more than 10%, leading the Education Stock Extracurricular Training Regulations, a draft solicitation of comments was released to clarify that it was a supplement to school education
The Zhitong Finance App learned that the increase in education stocks increased in the afternoon. As of press release, Simile Education (01769) rose 9.68% to HK$2.72; Excellent Education Group (03978) rose 4.88% to HK$1.72; New Higher Education Group (02001) rose 1.84% to HK$2.21; and New Oriental-S (09901) rose 1.77% to HK$69.05. According to the news, on February 8, the Ministry of Education issued the “Regulations on the Administration of Out-of-School Training (Draft for Comments)” to further regulate primary and secondary school students and preschoolers aged 3-6 following the “double reduction” policy
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
A piece of good news pushed some education stocks to strengthen. New Oriental rose more than 5%. What do institutions think?
① What news spurred education stocks to rise? ② How do institutions view current education stocks?
Changes in Hong Kong stocks | New Oriental-S (09901) rose more than 4%, leading the way, education stock regulatory boundaries tend to be clear, industry supply clear, and demand is strong
Education stocks picked up in early trading. As of press release, New Oriental-S (09901) rose 4.15% to HK$57.7; Yuhua Education (06169) rose 3.85% to HK$0.54; New Higher Education Group (02001) rose 1.35% to HK$2.26; and Zhonghui Group (00382) rose 0.39% to HK$2.58.
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