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Hailiang Education Group Inc. (HLG)
Key financial summary
Financials in CNY| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CNY m | 654 | 853 | 1,169 | 1,499 | 1,483 | 1,376 | 1,376 |
| Operating profit | CNY m | 613 | 613 | |||||
| Net profit | CNY m | 99 | 168 | 223 | 293 | 371 | 235 | 235 |
| EPS reported | CNY | 9.12 | 9.16 | |||||
| Operating cashflow per share | CNY | 34.66 | 34.66 | |||||
| Capex per share | CNY | 4.68 | 4.68 | |||||
| FCF per share | CNY | 29.98 | 29.98 | |||||
| Free cash flow | CNY m | 773 | 0 | |||||
| Net debt | CNY m | -675 | -711 | |||||
| Book value equity | CNY m | 2,201 | 2,201 | |||||
| Book value per share | CNY | 85.37 | 84.14 | |||||
| Number of shares | m | 25.78 | 26.15 | |||||
| DPS (TTM paid) | CNY | 0.00 | 0.00 |
Financial summary
Financials in CNY| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 28.61 | - | |||||
| P/B LTM | x | 3.06 | 1.12 | |||||
| P/S LTM | x | 4.89 | 0.00 | |||||
| P/FCF LTM | x | 8.70 | 0.00 | |||||
| EV/EBITDA LTM | x | 7.97 | -0.24 | |||||
| EV/Sales LTM | x | 4.74 | -0.14 | |||||
| Earnings Yield LTM | % | 3.50% | 9.52% | |||||
| FCF Yield | % | 11.49% | - | |||||
| Quality | ||||||||
| ROE | % | 10.68% | 11.13% | |||||
| ROIC | % | 15.62% | 15.62% | |||||
| Operating margin | % | 44.54% | 44.54% | |||||
| Gross margin | % | 47.04% | 47.04% | |||||
| FCF/Sales | % | 56.18% | 56.18% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -36.62% | -36.62% | |||||
| Sales Growth YoY | % | -7.20% | -7.20% | |||||
| Net Income Growth YoY | % | -36.60% | -36.60% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | +31.00% | +31.00% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | 9.51 | 0.00 | |||||
| Net Debt/EBITDA | x | -0.24 | -0.24 | |||||
| EBIT/Net interest | x | 532.39 | 532.39 | |||||
| Net debt/market cap | % | -10.04% | - | |||||
| Net debt/Equity | x | -0.31 | -0.32 | |||||
| Gross debt/equity | x | 0.04 | 0.04 | |||||
Company overview
Hailiang Education Group Inc. (HLG) operates as a comprehensive educational services provider across the People's Republic of China, specializing in K-12 instruction and institutional management. The group boasts a significant presence with 14 directly-owned schools and an additional 27 institutions under its management. By June 30, 2021, its educational network served a substantial student body, comprising 10,402 pupils in its affiliated schools and 43,897 across its managed facilities. At its core, Hailiang delivers a full spectrum of K-12 educational programming, encompassing student supervision and a robust high school curriculum. Beyond direct instruction, the company offers extensive operational and administrative support, covering areas such as branding, academic oversight, resource allocation, cultivating school culture, admissions, financial administration, human resources, procurement, IT infrastructure, internal auditing, and property and logistics coordination. Support services for students also include after-school enrichment activities, accommodation solutions, and transportation. The schools under Hailiang's umbrella provide both foundational Chinese education and international curricula across primary, middle, and high school tiers. These include specialized pathways like A-levels for UK university entry, AP courses for US institutions, the Victorian Certificate of Education (VCE) for Australian universities, and the globally recognized International Baccalaureate (IB) program. Additionally, the curriculum extends to language instruction in Japanese, Korean, and Spanish. Supplementary educational offerings feature holistic development programs, academic tutoring, organized study tours, and guidance for overseas university applications. Intriguingly, the company also manages hotel operations. Established in 1995, Hailiang Education Group Inc. maintains its headquarters in Hangzhou, China.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Hailiang Education Group Inc. (HLG)
Hailiang Education Group Inc. (HLG) operates as a comprehensive educational services provider across the People's Republic of China, specializing in K-12 instruction and institutional management. The group boasts a significant presence with 14 directly-owned schools and an additional 27 institutions under its management. By June 30, 2021, its educational network served a substantial student body, comprising 10,402 pupils in its affiliated schools and 43,897 across its managed facilities. At its core, Hailiang delivers a full spectrum of K-12 educational programming, encompassing student supervision and a robust high school curriculum. Beyond direct instruction, the company offers extensive operational and administrative support, covering areas such as branding, academic oversight, resource allocation, cultivating school culture, admissions, financial administration, human resources, procurement, IT infrastructure, internal auditing, and property and logistics coordination. Support services for students also include after-school enrichment activities, accommodation solutions, and transportation. The schools under Hailiang's umbrella provide both foundational Chinese education and international curricula across primary, middle, and high school tiers. These include specialized pathways like A-levels for UK university entry, AP courses for US institutions, the Victorian Certificate of Education (VCE) for Australian universities, and the globally recognized International Baccalaureate (IB) program. Additionally, the curriculum extends to language instruction in Japanese, Korean, and Spanish. Supplementary educational offerings feature holistic development programs, academic tutoring, organized study tours, and guidance for overseas university applications. Intriguingly, the company also manages hotel operations. Established in 1995, Hailiang Education Group Inc. maintains its headquarters in Hangzhou, China.
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