Core Viewpoint - Chenlin Education (01593) reported a revenue of 600.7 million RMB for the fiscal year ending August 31, 2025, reflecting a year-on-year growth of 0.2%. However, the company incurred a net loss of 412 million RMB, compared to a profit of 15.367 million RMB in the previous year, resulting in a basic loss per share of 0.43 RMB [1]. Financial Performance - Revenue for the year was 600.7 million RMB, showing a slight increase of 0.2% year-on-year [1]. - The company reported a net loss of 412 million RMB, a significant decline from the previous year's profit of 15.367 million RMB [1]. - Basic loss per share was recorded at 0.43 RMB [1]. Loss Drivers - The primary reasons for the loss included: - A downward adjustment in the operational estimates of the acquired Jiangxi Technician College and Guizhou College, leading to a one-time, non-cash impairment loss of approximately 288.8 million RMB related to goodwill and certain non-current assets [1]. - The withdrawal of an application to convert one of the cash-generating units from a non-profit to a for-profit private school, resulting in a one-time, non-cash loss of about 42.6 million RMB due to the recognition of deferred income [1]. - Increased non-cash depreciation costs of fixed assets, which rose by approximately 25 million RMB as infrastructure and equipment upgrades were completed [1]. Adjusted Profitability - Excluding the aforementioned one-time non-cash expenses, the company generated a profit of approximately 184.5 million RMB for the year [1].
辰林教育(01593)发布年度业绩，净亏损4.12亿元