BESTSTUDY EDU: ANNUAL REPORT 2024
Is China Beststudy Education Group's (HKG:3978) Recent Stock Performance Tethered To Its Strong Fundamentals?
BESTSTUDY EDU (03978) rose by 12.92%, with last year's net profit increasing by 1.14 times year-on-year. Institutions indicate that the company is gradually returning to a normal Operation development track.
Jinwu Financial News | BESTSTUDY EDU (03978) stock price is rising, as of the time of reporting, up 12.92%, at 4.72 Hong Kong dollars, with a transaction amount of 25.87 million Hong Kong dollars. On the news front, recently, BESTSTUDY EDU announced the Earnings Reports for 2024. In 2024, the company achieved revenue of 1.102 billion yuan, a substantial year-on-year growth of 125.2%; the net income attributable to the parent reached 0.192 billion yuan, a year-on-year increase of 114%. FIRST SHANGHAI Research Reports indicate that the company, as a leader in the Education and training Industry in South China, actively promotes compliant transformation of the Business after the double reduction policy, gradually returning to normal Operation development, with steady growth continuing in the Guangzhou Business, Shenzhen and
Hong Kong stocks movement | BESTSTUDY EDU (03978) rose over 12% as the company's qualitative transformation achieved remarkable results, fully embracing AI to enhance efficiency for teachers and students.
BESTSTUDY EDU (03978) rose over 12%, as of the time of writing, up 12.44%, priced at 4.7 Hong Kong dollars, with a transaction amount of 21.8481 million Hong Kong dollars.
BESTSTUDY EDU (03978.HK): According to the restricted stock unit plan, a total of 0.061 million shares are to be purchased.
Gelonghui, April 3丨BESTSTUDY EDU (03978.HK) announced that on April 3, 2025, the trustee of the restricted share unit plan will purchase a total of 0.061 million shares on the open market pursuant to the restricted share unit plan.
Hong Kong stock movement | BESTSTUDY EDU (03978) increased by over 5% with annual net profit more than doubling year-on-year. Institutions indicate that the performance of educational training institutions still has flexible space for recovery.
BESTSTUDY EDU (03978) increased by over 5%. As of the time of writing, it rose by 5.28%, priced at 4.19 Hong Kong dollars, with a trading volume of 6.2199 million Hong Kong dollars.
China Beststudy Education's 2024 Profit More Than Doubles; Shares Slide 3%
BESTSTUDY EDU (03978) has achieved results in quality transformation and AI upgrades, with significant growth in performance.
On March 20, 2025, BESTSTUDY EDU (03978) released its performance report for the year 2024. The data shows that the group achieved total revenue of 1.1 billion yuan, a year-on-year increase of 125.2%; net income attributable to shareholders reached 0.192 billion yuan, an increase of 114% year-on-year. Under the dual drivers of "quality transformation + AI upgrading," the company's core indicators comprehensively exceeded market expectations, continuously consolidating its leading position in the education Industry in South China. During the reporting period, BESTSTUDY EDU's quality education Sector achieved revenue of 0.713 billion yuan, a year-on-year increase of 411.7%, accounting for 64.7% of total revenue, becoming the core of performance growth.
BESTSTUDY EDU (03978) will distribute a final dividend of HKD 0.123 per share on June 16.
BESTSTUDY EDU (03978) announced that it will distribute dividends as of December 2024 on June 16, 2025...
BESTSTUDY EDU (03978.HK) annual Net income reached 0.192 billion yuan, an increase of 114.0% year-on-year.
On March 20, Gelonghui reported that BESTSTUDY EDU (03978.HK) announced that for the year ending December 31, 2024, the company achieved revenue of approximately 1102 million yuan, a year-on-year increase of 125.2%; Net income reached approximately 192.3 million yuan, an increase of 114.0% compared to the same period last year; contract liabilities amounted to approximately 602 million yuan, a year-on-year increase of 184.3%. This is mainly attributed to the company's successful completion of the quality education transformation, with various quality products launched that precisely align with the talent development directions of the new curriculum standards, receiving high recognition from parents and students.
Express News | China Beststudy Education Group FY Adjusted Net Income RMB 192.8 Million
Express News | China Beststudy Education Final Dividend of HK$12.3 Cents per Ordinary Share
BESTSTUDY EDU: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024
Huaxin Securities: The demand in the Education Sector is rigid, supply is clearing, and the leading companies are restoring flexibility.
The bank is bullish on SCHOLAR EDU (01769) for successfully transitioning from K12 subject training to quality education and high school training, as well as on Excellence Education (03978) and Xueda(Xiamen)Education Technology Group (000526.SZ), and suggests paying attention to Shanghai Xinnanyang Only Education & Technology (600661.SH).
[Brokerage Focus] CITIC SEC points out that Education AI is one of the important trends in the future Education Industry, and more products are expected to materialize this year.
Jingwu Financial News | CITIC SEC stated that since the second half of 2024, with the slowdown in growth of certain companies in the Industry, the market's concerns about industry demand and competition have intensified, causing stock prices/Company Valuation of most companies in the Industry to fluctuate. However, the organization believes that: 1) the valuation of most companies in the Industry has already fallen to a nearly two-year low, while actual performance growth is still leading in the Consumer sector (referring to Wind's consensus expectations, most companies can maintain a revenue growth of over 20%), and most valuations are below a PEG of 1, indicating significant potential for upward movement as expectations recover. 2) Some recently introduced stimulus policies are expected to boost.
Brokerage morning meeting highlights: remain bullish on Publishing and AI+Education investment opportunities.
In today's Brokerage morning meeting, Zhongtai stated that it remains Bullish on Publishing and AI+Education investment opportunities; CITIC SEC pointed out that it is important to focus on the valuation increase of the Education Sector; China Securities Co.,Ltd. noted that the price increase of Cement and fiberglass continues, and the timing for allocating cyclical sectors has arrived.
Driven by technology and policy, the Education Industry pattern and valuation are expected to be restructured.
At the economic themed press conference on March 5, Zheng Zhanjie, the director of the National Development and Reform Commission, introduced plans to expand the supply of high-quality Education resources, continue to promote the quality upgrade of higher education, and further increase the scale of undergraduate enrollment in 'Double First Class' Universities.
BESTSTUDY EDU (03978.HK) plans to hold a Board of Directors meeting on March 20 to approve the annual performance.
Gelonghui, March 6: BESTSTUDY EDU (03978.HK) announced that the Board of Directors will hold a meeting on March 20, 2025 (Thursday) to consider and approve the annual performance and its release for the year ending December 31, 2024, and to consider any proposed final dividend (if any).
BESTSTUDY EDU: DATE OF BOARD MEETING
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