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卓优智美赴港IPO,聚焦艺术培训领域,2024年净利润下滑
Ge Long Hui· 2025-08-30 11:42
Core Viewpoint - 卓优智美教育咨询集团 is seeking to go public on the Hong Kong Stock Exchange, focusing on the art training sector, despite a projected decline in net profit for 2024 [1][18]. Company Overview - 卓优智美, founded in 2018, provides art training courses for children and teenagers, including dance, painting, calligraphy, and vocal training, primarily operating in Jiangxi and Hunan provinces [5][11]. - The company operates 114, 7, and 11 art training centers under the "小苹果" brand in Nanchang, Ganzhou, and Changsha, respectively [5]. - The company plans to expand its business by establishing new training centers in major cities in Southern China [22]. Financial Performance - In 2023, 2024, and the first five months of 2025, the company's revenue was approximately 128 million, 130 million, and 59 million yuan, with corresponding net profits of about 11.87 million, 5.35 million, and 9.94 million yuan [19]. - The gross profit margin for 2023, 2024, and the first five months of 2025 was approximately 42.4%, 38.0%, and 50.7% [19]. - The company experienced a 55% decline in net profit in 2024 due to increased costs related to employee wages, property depreciation, and financing [18]. Market Context - The Chinese art education market is projected to grow from 1,766 billion yuan in 2024 to 2,255 billion yuan by 2029, with a compound annual growth rate of 5% [24]. - The children's and youth art education market is expected to reach 1,554 billion yuan in 2024, accounting for 88% of the overall art education market [26]. - The industry is highly fragmented and competitive, with numerous players including both local and national institutions [27][28]. Challenges and Risks - The company faces challenges such as a declining number of new births in China, which may reduce its potential customer base [22]. - The number of art training centers operated by the company has decreased from 144 at the end of 2023 to 135 by May 2025 [22]. - The company is heavily reliant on its operations in Jiangxi province, where approximately 95% of its revenue is generated, making it vulnerable to local policies and business environments [21].
卓优智美递表港交所 中泰国际为独家保荐人
Core Viewpoint - Zhuoyou Zhimei has submitted a listing application to the Hong Kong Stock Exchange, positioning itself as the largest children's and youth art training institution in China, focusing on art training for children aged 4 to 14 [1] Company Overview - The company operates over 114 art training centers under the "Little Apple" brand in Jiangxi and Hunan provinces [1] - Courses offered include dance (Chinese dance, Latin dance, street dance) and non-dance subjects (art, calligraphy, broadcasting, taekwondo, vocal music) [1] - The company claims competitive advantages in course variety, quality, and opportunities for public performances [1] Revenue Streams - In addition to core training services, the company provides examination services (e.g., Jiangxi Province dance level examination) and event organization (e.g., internal performances and competitions) [1] - Examination services and event organization contribute a certain percentage to the company's total revenue, enhancing its reputation and brand influence [1] Student Enrollment and Revenue - The number of registered students for the fiscal years 2023, 2024, and the first five months of 2025 are approximately 36,100, 37,000, and 40,700 respectively [1] - The majority of the company's revenue (approximately 87.9% to 95.9%) comes from course offerings [1] Underwriter Information - Zhongtai International is the exclusive sponsor for Zhuoyou Zhimei's listing application [1]
新股消息 | 卓优智美递表港交所 为中国最大型的儿童及青少年艺术培训机构
智通财经网· 2025-08-17 08:03
Core Viewpoint - 卓优智美教育咨询集团(江西)股份有限公司 has submitted an application for listing on the Hong Kong Stock Exchange's Growth Enterprise Market, with 中泰国际 as the sole sponsor [1]. Group 1: Company Overview - 卓优智美 is recognized as the largest children's and youth art training institution in China, holding approximately 0.1% and 1.8% market shares in the overall Chinese market and Jiangxi province, respectively, based on revenue from art training centers for the fiscal year ending December 31, 2024 [4]. - The company operates 114, 7, and 11 "小苹果" branded art training centers in Nanchang, Ganzhou, and Changsha, respectively [4]. Group 2: Course Offerings - The company provides a diverse range of courses for children aged 4 to 14, categorized into three main types of dance courses and five types of non-dance courses, including art, calligraphy, broadcasting, taekwondo, and vocal music [5]. - The average monthly registered student numbers for the fiscal years 2023, 2024, and the first five months of 2025 are approximately 36,100, 37,000, and 40,700, respectively, with around 87.9%, 88.9%, and 95.9% of revenue derived from course offerings during the same periods [5]. Group 3: Complementary Business Lines - In addition to its core art training business, the company has developed two complementary business lines: examination services and event organization, enhancing its market position [6]. - The examination services are significant in Jiangxi province, where the company is designated as an examination service provider by the authoritative dance association, enhancing its credibility and providing a standardized examination platform for students [6]. - The event organization business includes hosting internal performances and competitions, which serve to showcase students' learning outcomes and increase parental engagement [6]. Group 4: Financial Performance - For the fiscal years 2023 and 2024, the company reported revenues of approximately 128.09 million and 130.415 million RMB, respectively, with net profits of 11.873 million and 5.345 million RMB [7]. - The revenue for the first five months of 2024 and 2025 was approximately 46.99 million and 58.757 million RMB, with net losses of 1.943 million RMB in 2024 and a profit of 9.939 million RMB in 2025 [7][9].