Financial Snapshot

Revenue
$184.9M
TTM
Gross Margin
51.36%
TTM
Net Earnings
$41.94M
TTM
Current Assets
Q4 2023
Current Liabilities
Q4 2023
Current Ratio
92.96%
Q4 2023
Total Assets
Q4 2023
Total Liabilities
Q4 2023
Book Value
155.4M cnies
Q4 2023
Cash
Q4 2023
P/E
0.06091
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue 266.3M cnies 342.5M cnies $400.2M $445.8M $336.5M $253.7M $206.5M
YoY Change -22.26% -14.42% -10.22% 32.48% 32.64% 22.86%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue 266.3M cnies 342.5M cnies $400.2M $445.8M $336.5M $253.7M $206.5M
Cost Of Revenue 195.0M cnies 213.6M cnies $251.2M $287.2M $232.0M $179.0M $119.8M
Gross Profit 71.26M cnies 128.9M cnies $149.0M $158.6M $104.5M $74.70M $86.60M
Gross Profit Margin 26.76% 37.63% 37.24% 35.58% 31.05% 29.44% 41.94%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin 176.0K cnies 135.0K cnies $76.79M $63.00M $58.60M $226.5M $30.00M
YoY Change 30.37% -99.82% 21.89% 7.51% -74.13% 655.0%
% of Gross Profit 0.25% 0.1% 51.53% 39.72% 56.08% 303.21% 34.64%
Research & Development 7.625M cnies 663.0K cnies
YoY Change 1050.08%
% of Gross Profit 5.92% 0.44%
Depreciation & Amortization 12.90M cnies 12.07M cnies $17.46M $19.20M $14.20M $8.600M $5.200M
YoY Change 6.92% -30.87% -9.07% 35.21% 65.12% 65.38%
% of Gross Profit 18.11% 9.36% 11.71% 12.11% 13.59% 11.51% 6.0%
Operating Expenses 112.7M cnies 55.66M cnies $78.97M $58.90M $65.50M $233.7M $27.60M
YoY Change 102.42% -29.52% 34.08% -10.08% -71.97% 746.74%
Operating Profit -41.41M cnies 73.22M cnies $70.05M $99.70M $39.00M -$159.0M $59.00M
YoY Change -156.55% 4.53% -29.74% 155.64% -124.53% -369.49%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense 6.373M cnies 9.546M cnies -$9.339M -$4.700M -$600.0K -$400.0K $600.0K
YoY Change -33.24% -202.22% 98.7% 683.33% 50.0% -166.67%
% of Operating Profit 13.04% -13.33% -4.71% -1.54% 1.02%
Other Income/Expense, Net 900.0K cnies 1.069M cnies $3.576M $1.300M -$1.400M -$100.0K $200.0K
YoY Change -15.81% -70.11% 175.08% -192.86% 1300.0% -150.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -45.43M cnies 66.11M cnies $64.29M $96.30M $37.10M -$159.5M $59.90M
YoY Change -168.71% 2.84% -33.24% 159.57% -123.26% -366.28%
Income Tax -867.0K cnies 20.02M cnies $1.573M $15.40M $5.400M $10.20M $12.80M
% Of Pretax Income 30.28% 2.45% 15.99% 14.56% 21.37%
Net Earnings -72.19M cnies 37.33M cnies $52.69M $80.80M $31.60M -$169.7M $47.10M
YoY Change -293.41% -29.17% -34.79% 155.7% -118.62% -460.3%
Net Earnings / Revenue -27.11% 10.9% 13.17% 18.12% 9.39% -66.89% 22.81%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.09 $614.3K $930.9K $364.1K -$1.955M $542.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $144.4M $152.8M $154.9M $60.10M
YoY Change -5.49% -1.36% 157.74%
Cash & Equivalents
Short-Term Investments $4.100M $1.500M $1.600M
Other Short-Term Assets $172.8M $108.6M $17.80M $26.90M
YoY Change 59.08% 510.11% -33.83%
Inventory
Prepaid Expenses
Receivables $39.98M $28.40M $5.200M $6.000M
Other Receivables $24.17M $83.40M $87.20M $113.4M
Total Short-Term Assets $381.3M $373.2M $265.1M $206.5M
YoY Change 2.17% 40.78% 28.38%
Property, Plant & Equipment $140.7M $142.4M $136.4M $115.3M
YoY Change -1.21% 4.4% 18.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $97.30M $27.70M $10.40M $14.60M
YoY Change 251.26% 166.35% -28.77%
Total Long-Term Assets $439.4M $262.9M $250.3M $222.5M
YoY Change 67.12% 5.03% 12.49%
Total Assets $820.7M $636.1M $515.4M $429.0M
YoY Change
Accounts Payable $3.538M $8.100M $11.20M $10.40M
YoY Change -56.32% -27.68% 7.69%
Accrued Expenses $110.3M $91.30M $77.60M $79.00M
YoY Change 20.84% 17.65% -1.77%
Deferred Revenue
YoY Change
Short-Term Debt $43.22M $46.60M $0.00 $0.00
YoY Change -7.26%
Long-Term Debt Due $40.08M $64.10M $14.60M $0.00
YoY Change -37.48% 339.04%
Total Short-Term Liabilities $512.0M $661.7M $411.9M $346.3M
YoY Change -22.62% 60.65% 18.94%
Long-Term Debt $44.18M $28.60M $7.500M $0.00
YoY Change 54.47% 281.33%
Other Long-Term Liabilities $21.51M $29.30M $13.50M $30.50M
YoY Change -26.6% 117.04% -55.74%
Total Long-Term Liabilities $65.68M $57.90M $21.00M $30.50M
YoY Change 13.44% 175.71% -31.15%
Total Liabilities $589.7M $731.7M $445.2M $390.5M
YoY Change -19.41% 64.35% 14.01%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 86.84M shares 86.84M shares 83.93M shares 70.49M shares
Diluted Shares Outstanding 92.39M shares 88.69M shares 85.78M shares 70.49M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.5545 Million

About First High-School Education Group Co., Ltd.

First High-School Education Group Co., Ltd. engages in the provision of private fundamental education and complementary education services, including middle and high school and tutorial school in the People's Republic of China. The company is headquartered in Kunming, Yunnan and currently employs 2,194 full-time employees. The company went IPO on 2021-03-11. The firm mainly engages in a comprehensive education management integrating education information consulting, education research project development, education talent management, education technology management, education service management and general vocational integration development services. The firm also offers high school programs, tutorial school programs for Gaokao repeaters and school management service programs. The firm's high schools mainly provide curriculum design, academic assessment and achievement, Bilingual programs and online programs. The firm mainly conducts its businesses in the domestic market.

Industry: Services-Educational Services Peers: Bright Scholar Education Holdings Ltd China Liberal Education Holdings Ltd 51Talk Online Education Group Meta Data Ltd Mynd.ai, Inc. Skillful Craftsman Education Technology Ltd Sunlands Technology Group