Group 1 - The article focuses on the Asia Value & Moat Stocks research service, which targets value investors looking for Asia-listed stocks with significant discrepancies between price and intrinsic value [1] - The service emphasizes deep value balance sheet bargains, such as net cash stocks and low price-to-book (P/B) stocks, as well as wide moat stocks that represent high-quality businesses [1] - The author provides a range of watch lists with monthly updates, particularly concentrating on investment opportunities in the Hong Kong market [1]

WILMINGTON, Del., May 16, 2025 (GLOBE NEWSWIRE) -- Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) (OTC: ONFOP) ("Onfolio" or the "Company"), a company that primarily acquires and manages a portfolio of digital marketing and online education businesses, announces financial results for the first quarter ended March 31st 2025. Financial Highlights First quarter revenue increased 77% to $2.81M vs. $1.58M in the prior year period and increased 12.8% from $2.49M in Q4 of 2024First quarter gross profit increased 70% ...

网易有道营收季度变化数据来源：财报 网易有道主营业务包括学习服务、智能硬件、在线营销。一季度营收同比略降，主要是受第一大业务学习服 务业务调整拖累。 5月15日，网易有道（NYSE：DAO）公布了2025年第一季度未经审计的财务报告。 财报显示，2025年一季度，网易有道实现净收入13亿元（单位：人民币，下同），同比下降6.7%；经营利润 1.04亿元，同比增长247.7%；净利润7760万元，同比增长435.7%。继2024年首次实现全年盈利后，盈利能力 继续提升。 2025年一季度，学习服务净收入达6.02亿元，同比下降16.1%。 "从去年开始对学习服务板块的主动调整仍在持续推进中。我们进一步聚焦用户需求旺盛、增长潜力显著的 服务，同时缩减非核心业务。尽管学习服务净收入在一季度仍同比下滑，但降幅较上一季度收窄了约5个百 分点。"网易有道战略和资本市场副总裁苏鹏说。 苏鹏表示，预计将在今年下半年完成学习服务板块的业务调整，此后收入会趋于稳定。 一季度，网易有道智能硬件业务净收入达1.9亿元，同比增长5.1%。结束了此前因销售渠道调整导致的连续 负增长，并在AI答疑笔和词典笔新品带动下，保持两个季度收入增长 ...

一季度的总营业费用为人民币5.1亿元（约合7030万美元），相比去年同期的人民币6.52亿元有所减少。 第一季度的销售和营销费用为人民币3.58亿元（约合4930万美元），比2024年同期的人民币4.55亿元减 少21.5%。这一减少是由于减少了营销支出，以及2025年第一季度的学习服务和智能设备相关的工资费 用下降所致。此外，一季度的研发费用为人民币1.16亿元（约合1590万美元），同比减少了21.3%。该 减少主要是由于研发员工人数减少，导致2025年第一季度的工资支出节省。 上述三大业务板块收入表现都不甚出色。而营业费用则下降超过1.4亿元，公司通过节流的方式拓展利 润空间。 有道的现金、现金等价物、流动和非流动限制性现金以及短期投资总计为人民币4.25亿元（约5850万美 元），截至2024年12月31日为人民币6.63亿元。 有道今日公布一季报，今年一季度实现营业收入13亿元，同比减少6.7%，实现经营利润1.04亿元，创一 季度历史新高，同比增长247.7%。 有道一季度学习服务营业收入为人民币6.02亿元（8300万美元），同比下降了16.1%。同比下降主要是 因为继续采取严格的战略客户获取方 ...

I n v e s t o r R e l a t i o n s , F e b r u a r y 2 3 , 2 0 2 3 This presentation contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to diff ...

Core Viewpoint - NetEase Youdao reported strong financial performance for Q1 2025, highlighting significant growth in revenue and operating profit driven by AI technology applications in learning services [1] Financial Performance - In Q1 2025, Youdao achieved a net revenue of 1.3 billion yuan, with an operating profit of 104 million yuan, marking a historical high for Q1 and a year-on-year increase of 247.7% [1] - Operating cash flow showed improvement, with a year-on-year reduction in net outflow by 34.7%, indicating enhanced financial efficiency [1] AI Technology Application - Youdao continued to deepen the application of AI technology in the learning services sector, utilizing the "Ziyue" large model to drive product intelligence upgrades [1] - The net revenue from learning services in Q1 reached 602 million yuan, reflecting the company's focus on AI integration [1] Subscription Services Growth - Youdao's AI subscription services experienced robust growth, achieving sales of nearly 70 million yuan in Q1, with a year-on-year increase of over 40% [1]

Core Insights - Youdao, Inc. reported a significant improvement in profitability for Q1 2025, achieving an operating income of RMB104.0 million, a 247.7% increase year-over-year [3][17] - The company experienced a 6.7% decrease in net revenues, totaling RMB1.3 billion (US$178.9 million) compared to the same period in 2024 [5][13] - Youdao's strategic focus on high-ROI customer acquisition is expected to enhance operational efficiency despite short-term revenue declines [6] Financial Performance - Net revenues from learning services decreased by 16.1% to RMB602.4 million (US$83.0 million) [6][13] - Net revenues from smart devices increased by 5.1% to RMB190.5 million (US$26.3 million), driven by sales of the Youdao Dictionary Pen [7][13] - Net revenues from online marketing services rose by 2.6% to RMB505.4 million (US$69.6 million) [7][13] Profitability Metrics - Gross profit for Q1 2025 was RMB614.2 million (US$84.6 million), a 9.9% decrease from the previous year [8][13] - The overall gross margin was 47.3%, down from 49.0% in Q1 2024 [8][13] - The gross margin for learning services decreased to 59.8% from 63.1% year-over-year, while smart devices saw an increase to 52.3% from 32.6% [9][10] Operating Expenses - Total operating expenses decreased to RMB510.2 million (US$70.3 million) from RMB651.6 million in the same period last year [12][13] - Sales and marketing expenses fell by 21.5% to RMB357.6 million (US$49.3 million) [14][13] - Research and development expenses decreased by 21.3% to RMB115.5 million (US$15.9 million) [15][13] Net Income and Earnings Per Share - Net income attributable to ordinary shareholders increased over sixfold to RMB76.7 million (US$10.6 million) [18][19] - Basic and diluted net income per ADS for Q1 2025 was RMB0.65 (US$0.09) and RMB0.64 (US$0.09), respectively, compared to RMB0.11 and RMB0.10 for the same period in 2024 [19][13] Cash and Financial Support - As of March 31, 2025, Youdao's cash and short-term investments totaled RMB424.5 million (US$58.5 million), down from RMB662.6 million at the end of 2024 [20] - The company has received financial support from NetEase Group, including RMB878.0 million in short-term loans and US$128.5 million in long-term loans [20] Share Repurchase Program - Youdao's board authorized a share repurchase program of up to US$40 million, with approximately 7.5 million ADSs repurchased for about US$33.8 million as of March 31, 2025 [22]

Core Viewpoint - Gaotu Techedu Inc. reported strong financial results for the first quarter of 2025, with significant year-over-year growth in revenues and profitability, driven by enhanced operational efficiency and strategic investments in AI-powered educational solutions [1][5][10]. Financial Performance - Net revenues increased by 57.7% to RMB1,493.0 million from RMB946.9 million in Q1 2024 [3][10]. - Gross billings rose by 21.8% to RMB888.7 million from RMB729.4 million in the same period [3][10]. - Income from operations was RMB34.8 million, a turnaround from a loss of RMB77.7 million in Q1 2024 [3][14]. - Net income reached RMB124.0 million, compared to a net loss of RMB12.3 million in the prior year [3][19]. - Non-GAAP net income surged by 4,419.2% to RMB137.3 million from RMB3.0 million in Q1 2024 [3][19]. Operational Highlights - The company achieved a net income margin of 9.2% and an operating margin increase of 10.5 percentage points year-over-year [5][8]. - Deferred revenue balance grew by 44.0% to over RMB1.4 billion, indicating strong future revenue potential [8]. - The company allocated RMB136 million for share repurchases, with a total of approximately RMB460 million under the current buyback plan [6][9]. Strategic Initiatives - Gaotu is focusing on creating a technology-empowered value loop in education by integrating AI into its products and services, enhancing user experience and learning outcomes [7][9]. - The company plans to continue investing in product quality and expanding its user base to meet evolving customer needs [9]. Future Outlook - For Q2 2025, total net revenues are expected to be between RMB1,298 million and RMB1,318 million, reflecting a year-over-year increase of 28.5% to 30.5% [26].

Winning entries to earn a share of $15,000 in prizesRESTON, Va., May 13, 2025 (GLOBE NEWSWIRE) -- K12, a Stride, Inc. portfolio brand, announces the launch of its 19th Annual Art Competition, opening for submissions on May 13, 2025. The contest is open to all kindergarten through 12th grade students nationwide and offers young artists the opportunity to compete for a share of $15,000 in prizes. Designed to celebrate creativity and student expression, the K12 Art Competition invites original submissions acro ...

Core Viewpoint - Chegg is facing significant challenges due to competition from AI tools, leading to a workforce reduction and strategic cost-cutting measures to stabilize the business [1][4][5]. Company Actions - Chegg plans to reduce its workforce by approximately 22%, equating to 248 employees, and will close its physical offices in the US and Canada by the end of the year [1][4]. - The company will also cut back on new product development and reduce administrative costs as part of its restructuring efforts [4]. Financial Impact - The cost-cutting measures are expected to save Chegg between $45 million to $55 million in 2025 and $100 million to $110 million in 2026 [5]. - Chegg anticipates incurring restructuring charges of $34 million to $38 million, primarily from severance payments [5]. Subscriber and Revenue Decline - Chegg reported a 31% decline in its subscriber count, dropping to 3.2 million [5]. - Revenue fell by 30% to $121 million, with subscription service revenue decreasing by nearly a third to $108 million [7]. - The company experienced a net loss of $17.5 million during the same period [7]. Legal Context - Chegg has filed a federal antitrust lawsuit against Google, alleging that Google's AI summaries have negatively impacted its site traffic and revenue [7].