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Four Seasons Education(FEDU) - 2021 Q4 - Earnings Call Transcript
2021-05-14 15:05
Four Seasons Education (Cayman) Inc. (NYSE:FEDU) Q4 2021 Earnings Conference Call May 13, 2021 8:00 AM ET Company Participants Olivia Li - Investor Relations Manager Joanne Zuo - Chief Executive Officer Xun Wang - Vice President, Finance Operator Hello, ladies and gentlemen, thank you for standing by for the Four Seasons Education’s Fourth Quarter and Fiscal Year 2021 Earnings Conference Call. [Operator Instructions] Today’s conference call is being recorded. I will now turn the call over to your host, Ms. ...
Four Seasons Education(FEDU) - 2021 Q3 - Earnings Call Transcript
2021-01-12 14:27
Financial Data and Key Metrics Changes - Total revenue for Q3 2021 was RMB 67.6 million, a decrease from RMB 103.5 million in the same period last year, primarily due to regulatory policy changes and the ongoing impact of COVID-19 [11] - Gross profit fell to RMB 25.2 million from RMB 53.0 million year-over-year [12] - Operating loss was RMB 12.8 million compared to an operating income of RMB 10.9 million in the same period last year [12] - Net loss was RMB 8.8 million, down from a net income of RMB 11.3 million year-over-year [13] - Cash and cash equivalents increased to RMB 439.0 million from RMB 404.7 million as of February 29, 2020 [14] Business Line Data and Key Metrics Changes - Total student enrollment reached 53,493, with a 54.5% year-over-year growth in middle school class enrollment [6][7] - Enrollment from learning centers outside Shanghai rose 45.5% year-over-year [9] Market Data and Key Metrics Changes - The company is witnessing a recovery in Mainland China from COVID-19, which is positively impacting student enrollment and revenue [6] - The introduction of a fully randomized admission policy for private primary and secondary schools in Shanghai is creating new opportunities for middle school courses [7] Company Strategy and Development Direction - The company aims to enhance its curriculum offerings and expand its educational programs to capture emerging opportunities in the K-12 after-school education market [10] - A focus on digital technology and operational efficiency is expected to drive student enrollment and retention [8] - The company is consolidating and upgrading educational materials to strengthen its position in the Chinese K-12 after-school tutoring market [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strategies and the potential for a return to pre-pandemic growth trajectories [6] - The company anticipates generating revenue in the range of RMB 64.0 million to RMB 67.5 million for Q4 2021, reflecting current market conditions [14] Other Important Information - The company is committed to maintaining high-quality educational products and innovative curriculum development to enhance student engagement [8] - The management highlighted the importance of co-curricular and extracurricular activities in inspiring student motivation [8] Q&A Session Summary - No specific questions or answers were recorded in the provided content, as the call concluded without a detailed Q&A segment [15][16]
Four Seasons Education(FEDU) - 2021 Q2 - Earnings Call Transcript
2020-10-26 14:50
Four Seasons Education Inc. (NYSE:FEDU) Q2 2021 Earnings Conference Call October 26, 2020 8:00 AM ET Company Participants Olivia Li - Investor Relations Manager Joanne Zuo - Chief Executive Officer and Director Xun Wang - Vice President of Finance Operator Hello, ladies and gentlemen. Thank you for standing by for the Four Seasons Education's Second Quarter of Fiscal Year 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will ...
Four Seasons Education(FEDU) - 2021 Q1 - Earnings Call Transcript
2020-08-20 13:58
Four Seasons Education (Cayman) Inc. (NYSE:FEDU) Q1 2021 Results Conference Call August 20, 2020 8:00 AM ET Company Participants Olivia Li - Investor Relations Yi Zuo - Chief Executive Officer Conference Call Participants Joy Wei - 86Research Operator Hello, ladies and gentlemen. Thank you for standing by for the Four Seasons Education’s First Quarter of Fiscal Year 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. After management’s prepared remarks, there will be a q ...
Four Seasons Education(FEDU) - 2020 Q4 - Annual Report
2020-06-24 20:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 29, 2020. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) ...
Four Seasons Education(FEDU) - 2019 Q4 - Annual Report
2019-06-25 20:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | (Exact name of Registrant as specified in its charter) | | N/A (Translation of Registrant's name into English) | | Cayman Islands (Jurisdiction of incorporation or organization) | | 5th Floor, Building C Jin'an 610 No. 610 Hengfeng R ...