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思考乐教育(01769) - 2021 - 中期财报
2021-09-14 08:59
Financial Performance - The company's revenue for the six months ended June 30, 2021, increased by 58.8% to RMB 517.1 million compared to RMB 325.6 million in the same period last year[11]. - Adjusted profit for the period was RMB 62.9 million, a decrease of 2.2% from RMB 64.3 million in the previous year[11]. - Operating profit rose by 16.7% to RMB 77.8 million, up from RMB 66.7 million in the same period last year[11]. - The net profit for the period decreased by 7.7% to RMB 42.7 million, down from RMB 46.3 million in the previous year[11]. - Basic earnings per share were RMB 7.76, down from RMB 8.34 in the same period last year[11]. - Gross profit for the same period was RMB 192,463 thousand, up from RMB 122,235 thousand, indicating a gross margin improvement[28]. - The group reported revenue from after-school education services of RMB 517,055 thousand for the six months ended June 30, 2021, compared to RMB 325,607 thousand in the same period of 2020, representing a growth of approximately 58.7%[79]. - Profit before tax increased by 20.2% from RMB 49.8 million to RMB 59.9 million[177]. - Net profit decreased by 7.7% from RMB 46.3 million to RMB 42.7 million[179]. - Total equity as of June 30, 2021, was RMB 487.5 million, down from RMB 538.0 million as of December 31, 2020[184]. Operational Metrics - The number of tutoring class hours grew by 50.1% from 3,893,674 hours to 5,844,082 hours year-on-year[15]. - The total number of learning centers increased from 127 to 152, contributing to the revenue growth[162]. - The average tuition fee per tutoring session rose from RMB 83.6 to RMB 88.5, reflecting a 5.2% increase[162]. - The number of enrolled students for academic preparatory courses increased by 67.4% to 202,700, with tutoring hours rising by 48.6%[164]. Cost and Expenses - The cost of sales increased by 59.6% from RMB 203.4 million to RMB 324.6 million, primarily due to higher teacher salaries and amortization of right-of-use assets[168]. - Administrative expenses rose by 60.9% from RMB 58.4 million to RMB 93.9 million, driven by increased salaries and benefits for administrative staff[171]. - R&D expenses surged by 87.2% from RMB 20.4 million to RMB 38.2 million, attributed to an increase in the number of R&D personnel[172]. - Employee benefits expenses increased to RMB 305,880,000, up 67.5% from RMB 182,476,000 in the previous year[87]. - Depreciation and amortization expenses rose to RMB 88,032,000, a 20.2% increase from RMB 73,210,000[87]. Cash Flow and Assets - Cash and cash equivalents significantly decreased from RMB 442,586 thousand to RMB 146,232 thousand, a drop of approximately 66.9%[35]. - Operating cash flow for the six months ended June 30, 2021, was RMB 109,473 thousand, a significant improvement from a cash outflow of RMB (78,960) thousand in the same period of 2020[44]. - Current assets decreased from RMB 764,280 thousand to RMB 672,475 thousand, representing a decline of approximately 12.0%[35]. - Total assets decreased from RMB 1,667,422 thousand to RMB 1,477,302 thousand, a decline of approximately 11.4%[35]. Liabilities and Equity - Total liabilities decreased from RMB 1,129,385 thousand to RMB 989,772 thousand, a decrease of around 12.3%[35]. - Total equity decreased from RMB 538,037 thousand to RMB 487,530 thousand, reflecting a decline of about 9.4%[35]. - The company's share premium decreased from RMB 295,908 thousand to RMB 241,641 thousand, a decline of approximately 18.3%[39]. - The debt-to-equity ratio increased to 12.3% from 10.1% as of December 31, 2020[184]. Strategic Initiatives - The company aims to enhance its development in the quality education sector, including arts, sports, and performing arts[9]. - The group plans to enhance the "Le Xue" brand's business development, focusing on quality education in arts, sports, and other areas to meet diverse student needs[16]. - The company will actively close underperforming learning centers, which is expected to negatively impact future revenues[16]. - The company plans to focus on market expansion and new product development in the upcoming quarters[36]. - The company is committed to improving educational quality and service standards while fulfilling social responsibilities[18]. Risks and Challenges - The company anticipates negative impacts on financial performance and operational outlook due to regulatory changes in the education sector[159]. - The implementation of the "Double Reduction" policy is expected to require operational adjustments, potentially negatively impacting financial performance[198]. - The group continues to face various financial risks, including market risk, credit risk, and liquidity risk, with no changes in risk management policies since December 31, 2020[64].
思考乐教育(01769) - 2020 - 年度财报
2021-04-14 08:42
思考乐教育 S C H O L A R E D U C A T I O N 202 報 年 高效提分 · 專注升學 समूह 27 ER CHOLAR EDUCATION GROUP 股份代號:1769 (於開曼群島註冊成立之有限公司) 公司資料 公司簡介 4 財務摘要 5 2 主席報告 6 財務概要 11 管理層討論及分析 12 董事及高級管理層 21 董事會報告 27 企業管治報告 59 環境、社會及管治報告 77 獨立核數師報告 105 綜合財務報表 110 釋義 181 1 公司資料 董事會 執行董事 陳啟遠先生(主席) 陳弘宇先生 齊明智先生(行政總裁) 許超強先生 非執行董事 沈敬武先生(副主席) 獨立非執行董事 黃 偉 德 先 生 柳建華博士 楊學枝先生 審核委員會 黃偉德先生(主席) 柳建華博士 楊學枝先生 薪酬委員會 柳建華博士(主席) 陳啟遠先生 黃偉德先生 提名委員會 陳啟遠先生(主席) 柳建華博士 黃偉德先生 策略發展委員會 陳啟遠先生(主席) 沈敬武先生 齊明智先生 楊學枝先生 授權代表 齊明智先生 蘇偉恒先生 公司秘書 蘇偉恒先生 法律顧問 }} 參 : 安理國際律師事務所 香港 ...
思考乐教育(01769) - 2020 - 中期财报
2020-09-17 08:30
圈考乐教育 s C H O L A R E D U C A T L O N 思考乐教育集团 《罗 湖北荆州老岭小学 "爱心多媒体教室" "爱心因书5000册" "爱心活动场地及体育器材" "毁师办公电脑及实验器材" l P 業 期 報 告 中 績 高效提分 · 專注升學 RES 载 E AR EDUCATION GROUP 股份代號:1769 (於開曼群島註冊成立之有限公司) 0000 公司資料 2 主席報告 6 中期財務資料審閱報告 10 中 期 簡 明 綜 合 全 面 收 益 表 1 1 中期簡明綜合資產負債表 12 中期簡明綜合權益變動表 14 中期簡明綜合現金流量表 16 中 期財 務 資 料 附 註 18 管理層討論及分析 39 企業管治及其他資料 45 釋義 54 目 錄 公司簡介 4 財務摘要 5 == 2020年同 == 2020 中期報告。 公司資料 非執行董事 沈敬武先生(副主席) 獨立非執行董事 黃偉德先生 柳建華博士 楊學枝先生 審核委員會 核數師 薪酬委員會 柳建華博士(主席) 陳啟遠先生 合規顧問 黃偉德先生 提名委員會 陳啟遠先生(主席) 柳建華博士 黃偉德先生 策略發展委員會 ...
思考乐教育(01769) - 2019 - 年度财报
2020-04-15 08:57
思考樂教育集 團 Scholar Education Group Annual Report 2019 Annual 2019 Report 年報 Stock Code: 01769 (Incorporated in the Cayman Islands with limited liability) 2019 年報 股份代號 : 01769 (於開曼群島註冊成立的有限公司) 目 公司资料 2 公司簡介 4 財務摘要 5 主席報告 6 財務概要 8 管理層討論及分析 9 董事及高級管理層 16 董事會報告 21 企業管治報告 48 環境、社會及管治報告 63 獨立核數師報告 89 綜合財務報表 04 釋義 164 公司資料 | --- | --- | |----------------------|------------------------| | 董事會 | 法律顧問 | | 執行董事 | }} 參 : | | 陳啟遠先生(主席) | 安理國際律師事務所 | | 陳弘宇先生 | 香港 | | 齊明智先生(行政總裁) | 中環康樂廣場8號 | | 許超強先生 | 交易廣場三期9樓 | | 非執行董事 | ...
思考乐教育(01769) - 2019 - 中期财报
2019-09-18 09:01
ح 思考乐教育 思考樂教育集團 Scholar Education Group (於開曼群島註冊成立的有限公司) 股份代號:1769 ULTIES A 效 提 2019 中期報告 目 錄 2 公司资料 4 主席報告 8 中期財務資料審閱報告 9 中期簡明綜合全面收益表 11 中期簡明綜合資產負債表 13 中期簡明綜合權益變動表 15 中期簡明綜合現金流量表 17 中期財務資料附註 41 管理層討論及分析 46 企業管治及其他资料 52 釋義 思考樂教育集團 2019中期報告 1 公司资料 | --- | --- | |----------------------|------------------------| | | | | | | | 董事會 | 法律顧問 | | 執行董事 | 關於香港法律 : | | 陳啟遠先生(主席) | 安理國際律師事務所 | | 陳弘宇先生 | 香港 | | 齊明智先生(行政總裁) | 中環康樂廣場8號 | | 許超強先生 | 交易廣場三期9樓 | | 非執行董事 | 膀於開曼群島法律 : | | 沈敬武先生 | Conyers Dill & Pearman | | 獨立非執行 ...