Financial Performance - For the fiscal year ending August 31, 2025, the total revenue was RMB 329,792,000, a slight decrease of 0.4% from RMB 331,138,000 in 2024[3] - The gross profit for the same period was RMB 141,544,000, down 10.1% from RMB 157,528,000 in 2024[3] - The net profit attributable to equity holders of the company was RMB 76,333,000, a decrease of 29.6% compared to RMB 108,416,000 in 2024[3] - Basic and diluted earnings per share for the year were RMB 0.16, down from RMB 0.23 in 2024, representing a decline of 30.4%[3] - The group reported a profit attributable to equity holders of the parent company of RMB 76,333,000 for the year ended August 31, 2025, compared to RMB 108,416,000 for the previous year, representing a decrease of approximately 29.6%[27] - The group's profit for the year was approximately RMB 76.3 million, a decrease of about RMB 32.1 million or approximately 29.6% compared to the previous year[74] Revenue Sources - Tuition fees accounted for RMB 300,956 thousand in 2025, down from RMB 302,364 thousand in 2024, representing a decrease of 0.4%[18] - Tuition revenue for the year was approximately RMB 301.0 million, down by about RMB 1.4 million or approximately 0.5%, primarily due to a decrease in student enrollment[63] Assets and Liabilities - Total assets as of August 31, 2025, amounted to RMB 1,920,593,000, an increase from RMB 1,832,832,000 in 2024[5] - Non-current assets increased to RMB 1,687,035,000 from RMB 1,277,371,000 in 2024, reflecting a growth of 32.1%[5] - Current liabilities rose to RMB 264,369,000, compared to RMB 222,088,000 in 2024, indicating an increase of 19.0%[5] - The company's cash and cash equivalents decreased to RMB 490,830,000 from RMB 695,897,000 in 2024, a decline of 29.4%[5] - The group has contract liabilities of RMB 142,139,000 as of August 31, 2025, a decrease from RMB 149,644,000 in the previous year, indicating a reduction in unfulfilled performance obligations[36][35] Expenses - The group’s pre-tax profit for 2025 was impacted by employee benefits expenses, which increased to RMB 104,217 thousand from RMB 93,595 thousand in 2024, reflecting an increase of 11.5%[20] - The group’s employee benefits expenses, including retirement plan contributions, rose to RMB 130,353 thousand in 2025 from RMB 116,347 thousand in 2024, an increase of 12.1%[20] - The group's cost of sales was approximately RMB 188.2 million, an increase of about RMB 14.6 million or approximately 8.4% compared to the previous year, mainly due to increased personnel costs and maintenance expenses[64] - Administrative expenses for the year were approximately RMB 69.3 million, an increase of about RMB 1.9 million, mainly due to increased personnel costs and maintenance expenses[69] Enrollment and Education Services - The total number of students enrolled in the college increased from approximately 8,000 in the 2011/2012 academic year to 19,276 in the 2024/2025 academic year[46] - The college offers a total of 50 undergraduate programs and directions as of August 31, 2025[46] - The graduation employment rate for the college's graduates in the 2024/2025 academic year is approximately 94.99%[47] - The college focuses on providing applied courses to equip students with practical skills relevant to their careers[47] - The college has established meaningful collaborations with private industry companies to enhance its curriculum and training programs[47] Future Plans and Developments - The company aims to expand its business and school network by constructing new facilities to increase capacity and improve the teaching environment[53] - The company plans to enhance its course offerings and continue providing practical training for students[53] - The company is actively seeking a new agent to resolve issues related to its application for operating a degree-granting institution in California, which was recently denied[54] - The company has submitted an application to establish a degree-granting institution in California to expand its overseas presence[53] Compliance and Governance - The company has adopted the corporate governance code as per the listing rules and has complied with it throughout the fiscal year ending August 31, 2025[102] - The company has made amendments to its articles of association to reflect current listing rules and internal revisions, approved by shareholders on February 18, 2025[103] - All directors have confirmed compliance with the standard code of conduct for securities trading since the company's listing[104] Audit and Reporting - The auditor's report issued a qualified opinion regarding the financial statements due to limitations in the scope of tax provisions and comparability of data[44] - The independent auditor has agreed that the figures in the preliminary announcement are consistent with the consolidated financial statements for the year ended August 31, 2025[110] - The annual results announcement will be published on the Hong Kong Stock Exchange and the company's website[111] Shareholder Relations - The company expresses gratitude to its shareholders and stakeholders for their continued support and acknowledges the efforts of all employees[112] - The annual general meeting of shareholders is scheduled for January 15, 2026[100]
中国通才教育(02175) - 2025 - 年度业绩