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. ...

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 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 (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 ...

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 (Cayman) Inc. (NYSE:FEDU) Q4 2020 Results Conference Call May 18, 2020 8:00 AM ET Company Participants Yi Zuo - Director and CEO Xun Wang - VP of Finance Olivia Li - IR Manager Conference Call Participants Joy Wei - 86Research Operator Hello, ladies and gentlemen. Thank you for standing by for the Four Seasons Education's Fourth Quarter and Fiscal Year 2020 Earnings Conference Call. At this time, all participants are in listen-only mode. After management's prepared remarks, there wi ...

Start Time: 08:00 January 1, 0000 8:30 AM ET Four Seasons Education (Cayman) Inc. (NYSE:FEDU) Q3 2020 Earnings Conference Call January 16, 2020, 08:00 AM ET Company Participants Joanne Zuo - Director and CEO Xun Wang - VP of Finance Olivia Li - IR Manager Conference Call Participants Joy Wei - 86Research Operator Hello, ladies and gentlemen. Thank you for standing by for the Four Seasons Education's Third Quarter Fiscal Year 2020 Earnings Conference Call. At this time, all participants are in a listen-only ...

Financial Data and Key Metrics Changes - Total student enrollment reached 39,357, representing a growth of 90.8% year-over-year [5] - Revenue increased by 37.9% to RMB 128.8 million from RMB 93.4 million in the same period last year [11] - Gross profit increased by 45.3% to RMB 71.0 million from RMB 48.8 million year-over-year [12] - Operating income grew by 234.9% to RMB 28.3 million from RMB 8.5 million in the same period last year [12] - Net income increased by 217.8% to RMB 20.3 million compared to RMB 6.4 million in the same period last year [13] - Basic and diluted income per ADS were RMB 0.40 and RMB 0.39, compared to RMB 0.14 and RMB 0.13 respectively for the same period last year [14] Business Line Data and Key Metrics Changes - The company reported a robust increase in enrollments, attributed to diversified course offerings and enhanced brand awareness [5][6] - The optimization of the learning center network led to a substantial expansion in gross margin, which increased by 282 basis points to 55.1% [9] - The company launched its first Bridge summer camp, indicating a diversification of educational programs beyond traditional tutoring [7] Market Data and Key Metrics Changes - The company added two new learning centers in Chongqing and Shenzhen, both identified as economically dynamic markets with growth potential for K-12 after-school education [6] - As of August 31, 2019, the company operated 54 learning centers, with 44 in Shanghai and 10 in other cities [6] Company Strategy and Development Direction - The company aims to solidify its strengths in Shanghai and other established cities while remaining prudent in its expansion plans [8] - The focus is on providing diversified educational content and enhancing the learning experience for students of different ages [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strategic adjustments leading to healthy development following a transformation phase [8] - For the third quarter of fiscal 2020, the company expects revenue in the range of RMB 100.3 million to RMB 104.8 million, representing year-over-year growth of approximately 10% to 15% [15] Other Important Information - The company reported a cash and cash equivalents balance of RMB 516.3 million as of August 31, 2019, an increase of 17.5% compared to RMB 439.6 million as of February 28, 2019 [14] Q&A Session Summary Question: What contributed to the robust increase in student enrollments? - Management acknowledged that part of the increase was due to a change in the tuition fee collection schedule, but organic growth was also attributed to class diversification and recruitment efforts [17][18] Question: What are the future plans for new study centers? - The company plans to continue expanding in key cities like Chongqing and Shenzhen, with a dedicated team in Shenzhen to drive business growth [19][20] Question: Why is the revenue growth guidance for the third quarter lower than the second quarter? - Management indicated that the third quarter is expected to be less strong based on current estimates, and they are being conservative in their guidance [20]

Four Seasons Education (Cayman) Inc. (NYSE:FEDU) Q1 2020 Results Conference Call July 30, 2019 8:00 AM ET Company Participants Olivia Li - Investor Relations Manager Peiqing Tian - Chairman and Chief Executive Officer Joanne Zuo - Director and Chief Financial Officer Operator Good day, ladies and gentlemen. Thank you for standing by for the Four Seasons Education's First Quarter Fiscal Year 2020 Earnings Conference Call. [Operator instructions] Today's conference call is being recorded. I will now turn the ...

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 ...