Bright Scholar Education Holdings Ltd - Understand $bedu stock

$BEDU Market Cap: $55.68 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$2.006B

TTM

Gross Margin

28.29%

TTM

Net Earnings

-$996.3M

TTM

Current Assets

$663.8M

Q3 2024

Current Liabilities

$1.002B

Q3 2024

Current Ratio

66.22%

Q3 2024

Total Assets

$3.045B

Q3 2024

Total Liabilities

$2.529B

Q3 2024

Book Value

$516.8M

Q3 2024

Cash

$493.4M

Q3 2024

P/E

-0.05589

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$1.755B	2.124B cnies	$1.715B	$1.402B	$3.367B	$2.563B	$1.719B	$1.328B	$1.040B	$745.9M	$588.2M
YoY Change	-17.35%	23.84%	22.34%	-58.36%	31.35%	49.11%	29.4%	27.69%	39.47%	26.81%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$1.755B	2.124B cnies	$1.715B	$1.402B	$3.367B	$2.563B	$1.719B	$1.328B	$1.040B	$745.9M	$588.2M
Cost Of Revenue	$1.252B	$210.3M	$1.237B	$1.180B	$2.145B	$1.586B	$1.091B	$860.3M	$736.2M	$655.6M	$501.9M
Gross Profit	$503.6M	$82.30M	$478.1M	$221.5M	$1.222B	$977.0M	$628.3M	$468.0M	$304.1M	$90.30M	$86.30M
Gross Profit Margin	28.69%	3.88%	27.88%	15.8%	36.29%	38.12%	36.55%	35.23%	29.23%	12.11%	14.67%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Selling, General & Admin	$469.0M	$85.03M	$539.9M	$535.9M	$871.2M	$691.9M	$368.1M	$262.0M	$290.1M	$166.1M	$125.8M
YoY Change	451.61%	-84.25%	0.75%	-38.49%	25.91%	87.97%	40.5%	-9.69%	74.65%	32.03%
% of Gross Profit	93.14%	103.32%	112.92%	241.91%	71.31%	70.82%	58.59%	55.98%	95.4%	183.94%	145.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$7.302M	$9.507M	531.2M cnies	$221.7M	$197.5M	$130.8M	$85.90M	$78.00M	$72.00M	$57.10M	$33.40M
YoY Change	-23.19%	-98.21%	139.56%	12.27%	50.99%	52.27%	10.13%	8.33%	26.09%	70.96%
% of Gross Profit	1.45%	11.55%	111.1%	100.1%	16.17%	13.39%	13.67%	16.67%	23.68%	63.23%	38.7%
Operating Expenses	$465.3M	$85.03M	$534.6M	$526.5M	$845.3M	$676.5M	$356.1M	$253.1M	$285.8M	$160.8M	$122.1M
YoY Change	447.26%	-84.09%	1.53%	-37.72%	24.95%	89.97%	40.7%	-11.44%	77.74%	31.7%
Operating Profit	$38.24M	-$25.71M	-$56.44M	-$305.0M	$376.4M	$300.5M	$272.2M	$214.9M	$18.30M	-$70.50M	-$35.80M
YoY Change	-248.75%	-54.46%	-81.49%	-181.02%	25.26%	10.4%	26.66%	1074.32%	-125.96%	96.93%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	-$3.831M	-$1.015M	$7.469M	-$40.12M	-$52.70M	$41.70M	$49.00M	$18.60M	$3.000M	$1.800M	$1.600M
YoY Change	277.44%	-113.59%	-118.62%	-23.87%	-226.38%	-14.9%	163.44%	520.0%	66.67%	12.5%
% of Operating Profit	-10.02%				-14.0%	13.88%	18.0%	8.66%	16.39%
Other Income/Expense, Net	-$4.012M	$920.0K	-$5.220M	-$10.14M	-$11.30M	-$8.600M	-$4.800M	-$800.0K	-$500.0K	-$500.0K	-$100.0K
YoY Change	-536.09%	-117.62%	-48.51%	-10.29%	31.4%	79.17%	500.0%	60.0%	0.0%	400.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Pretax Income	-$828.3M	-$27.63M	-$60.78M	-$440.0M	$243.8M	$333.6M	$316.3M	$232.8M	$20.80M	-$69.20M	-$34.30M
YoY Change	2897.45%	-54.54%	-86.18%	-280.46%	-26.92%	5.47%	35.87%	1019.23%	-130.06%	101.75%
Income Tax	$32.91M	185.9M cnies	$58.92M	$94.18M	$79.00M	$80.60M	$67.40M	$41.00M	$17.90M	-$29.30M	$3.800M
% Of Pretax Income					32.4%	24.16%	21.31%	17.61%	86.06%
Net Earnings	-$996.3M	-$54.44M	-$165.3M	-$52.81M	$161.0M	$241.1M	$247.0M	$172.1M	-$36.40M	-$40.10M	-$32.90M
YoY Change	1730.05%	-67.06%	212.94%	-132.8%	-33.22%	-2.39%	43.52%	-572.8%	-9.23%	21.88%
Net Earnings / Revenue	-56.76%	-2.56%	-9.64%	-3.77%	4.78%	9.41%	14.37%	12.96%	-3.5%	-5.38%	-5.59%
Basic Earnings Per Share	-$8.40	-$3.33	-$0.87	-$0.45	$1.34
Diluted Earnings Per Share	-$8.39	-$3.33	-$1.39	-$1.772M	$1.339M	$1.970M	$2.021M	$1.642M	-$316.5K	-$348.7K	-$286.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$493.4M	$537.3M	$664.8M	$844.7M	$3.391B	$3.488B	$3.154B	$1.889B	$387.0M	$241.0M	$145.0M
YoY Change	-8.18%	-19.17%	-21.3%	-75.09%	-2.78%	10.59%	66.97%	388.11%	60.58%	66.21%
Cash & Equivalents	$493.4M	$537.3M	$664.8M	$844.7M	$3.378B	$3.247B	$3.154B	$1.883B	$356.0M	$241.0M	$145.0M
Short-Term Investments				$0.00	$14.00M	$241.0M	$0.00	$6.000M	$31.00M	$0.00	$0.00
Other Short-Term Assets	$12.17M	$28.26M	$191.4M	$739.7M	$1.169B	$124.0M	$60.00M	$44.00M	$32.00M	$21.00M	$21.00M
YoY Change	-56.95%	-85.23%	-74.13%	-36.73%	842.74%	106.67%	36.36%	37.5%	52.38%	0.0%
Inventory	$1.160M	$5.480M	$6.869M	$7.579M	$28.00M	$26.00M	$9.000M	$9.000M	$10.00M	$8.000M	$7.000M
Prepaid Expenses
Receivables	$18.79M	$19.21M	$19.08M	$41.72M	$19.00M	$22.00M	$1.000M	$0.00	$2.000M	$0.00	$0.00
Other Receivables	$138.3M	$337.1M	$310.8M	$2.054B	$94.00M	$82.00M	$21.00M	$8.000M	$143.0M	$294.0M	$273.0M
Total Short-Term Assets	$663.8M	$927.4M	$1.193B	$3.688B	$4.701B	$3.742B	$3.244B	$1.950B	$572.0M	$564.0M	$445.0M
YoY Change	-28.43%	-22.25%	-67.66%	-21.55%	25.63%	15.35%	66.36%	240.91%	1.42%	26.74%
Property, Plant & Equipment	$1.769B	$1.964B	$1.866B	$2.293B	$3.041B	$900.0M	$460.0M	$423.0M	$431.0M	$399.0M	$360.0M
YoY Change	-9.93%	5.24%	-18.64%	-24.59%	237.89%	95.65%	8.75%	-1.86%	8.02%	10.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$24.42M	$36.07M	$40.49M	$75.44M	$55.00M	$28.00M	$207.0M
YoY Change	-32.3%	-10.91%	-46.34%	37.17%	96.43%	-86.47%
Other Assets	$11.60M	$20.42M	$107.0M	$139.7M	$59.00M	$388.0M	$37.00M	$153.0M	$74.00M	$94.00M	$71.00M
YoY Change	-43.17%	-80.91%	-23.43%	136.84%	-84.79%	948.65%	-75.82%	106.76%	-21.28%	32.39%
Total Long-Term Assets	$2.382B	$3.692B	$4.276B	$4.944B	$6.122B	$4.046B	$1.422B	$737.0M	$667.0M	$529.0M	$469.0M
YoY Change	-35.49%	-13.66%	-13.52%	-19.24%	51.31%	184.53%	92.94%	10.49%	26.09%	12.79%
Total Assets	$3.045B	$4.620B	$5.469B	$8.633B	$10.82B	$7.788B	$4.666B	$2.687B	$1.239B	$1.093B	$914.0M
YoY Change
Accounts Payable	$91.84M	$105.2M	$100.2M	$73.41M	$93.00M	$94.00M	$64.00M	$51.00M	$64.00M	$88.00M	$84.00M
YoY Change	-12.69%	4.95%	36.53%	-21.06%	-1.06%	46.88%	25.49%	-20.31%	-27.27%	4.76%
Accrued Expenses	$297.5M	$405.1M	$365.9M	$217.2M	$522.0M	$282.0M	$166.0M	$138.0M	$115.0M	$103.0M	$85.00M
YoY Change	-26.56%	10.72%	68.49%	-58.4%	85.11%	69.88%	20.29%	20.0%	11.65%	21.18%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00	$149.2M	$753.8M	$938.0M	$50.00M	$50.00M	$0.00	$0.00	$0.00	$0.00
YoY Change		-100.0%	-80.2%	-19.64%	1776.0%	0.0%
Long-Term Debt Due			$0.00	$1.836B	$0.00
YoY Change			-100.0%
Total Short-Term Liabilities	$1.002B	$1.480B	$1.582B	$4.031B	$3.695B	$2.512B	$1.625B	$1.202B	$1.012B	$1.075B	$877.0M
YoY Change	-32.29%	-6.39%	-60.77%	9.09%	47.09%	54.58%	35.19%	18.77%	-5.86%	22.58%
Long-Term Debt		$0.00	$633.0K	$616.0K	$2.095B	$2.106B	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change		-100.0%	2.76%	-99.97%	-0.52%
Other Long-Term Liabilities	$1.406B	$1.525B	$1.452B	$1.767B	$1.851B	$32.00M	$12.00M	$60.00M	$60.00M	$58.00M	$55.00M
YoY Change	-7.84%	5.06%	-17.85%	-4.53%	5684.38%	166.67%	-80.0%	0.0%	3.45%	5.45%
Total Long-Term Liabilities	$1.406B	$1.525B	$1.452B	$1.768B	$3.946B	$2.138B	$12.00M	$60.00M	$60.00M	$58.00M	$55.00M
YoY Change	-7.84%	5.02%	-17.84%	-55.2%	84.57%	17716.67%	-80.0%	0.0%	3.45%	5.45%
Total Liabilities	$2.529B	$3.203B	$3.281B	$6.086B	$8.085B	$5.066B	$1.825B	$1.270B	$1.123B	$1.138B	$930.0M
YoY Change	-21.05%	-2.39%	-46.08%	-24.73%	59.59%	177.59%	43.7%	13.09%	-1.32%	22.37%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020
Basic Shares Outstanding	118.7M shares	118.7M shares	118.7M shares	119.2M shares	120.2M shares
Diluted Shares Outstanding	118.7M shares	118.7M shares	118.7M shares	119.2M shares	120.2M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $55.677 Million

About Bright Scholar Education Holdings Ltd

Bright Scholar Education Holdings Ltd. is a global premier education service company, which engages in the provision of quality international education service to global students. The company is headquartered in Foshan, Guangdong and currently employs 3,946 full-time employees. The company went IPO on 2017-05-18. The firm operates its business through three segments. The Overseas Schools segment mainly engages in the acquiring of overseas schools and language training institutions in countries such as the United Kingdom and the United States. The Complementary Education Services segment mainly engages in the provision of camp programs, after-school programs, overseas study consulting services, and career counselling and international contest training services. The Domestic Kindergartens and K-12 Operation Services segment mainly engages in the operation of domestic kindergartens and other businesses. The firm conducts its business in the domestic and overseas markets.

Industry: Services-Educational Services Peers: ATA Creativity Global China Liberal Education Holdings Ltd 51Talk Online Education Group First High-School Education Group Co., Ltd. Four Seasons Education (Cayman) Inc. Meta Data Ltd Sunlands Technology Group Zhongchao Inc.