Core Viewpoint - The stock of China Education Group Holdings (00839) experienced a rise of over 5% during trading, currently up by 3.85% at HKD 2.97, with a trading volume of HKD 66.08 million [1] Financial Performance - According to a report from Citi, the revenue and profit for the fiscal year 2025 are expected to grow by 11.9% and 0.8% year-on-year, respectively, aligning with the company's guidance and previous profit forecasts [1] - Huaxi Securities indicated that the company's net profit attributable to shareholders was significantly impacted by a non-cash impairment charge of HKD 1.706 billion related to goodwill and intangible assets from Hainan schools, with total adjustments amounting to HKD 1.774 billion [1] - The breakdown of adjustments includes HKD 1.706 billion for intangible asset impairment, HKD 0.17 billion for foreign exchange gains, and HKD 0.51 billion for changes in the fair value of construction costs for school buildings [1] - After adjustments, the normal net profit attributable to shareholders is estimated to be around HKD 2.05 billion [1] - The current goodwill on the balance sheet stands at HKD 909 million [1]
中教控股盘中涨超5% 机构称剔除减值影响后公司稳健增长