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Puxin Limited (NEW)
Key financial summary
Financials in CNY| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CNY m | - | 439 | 1,283 | 2,228 | 3,104 | 2,904 | 2,912 |
| Operating profit | CNY m | -176 | - | |||||
| Net profit | CNY m | - | -128 | -397 | -833 | -519 | -32 | -1,365 |
| EPS reported | CNY | -3.70 | -156.5 | |||||
| Operating cashflow per share | CNY | -23.35 | -23.35 | |||||
| Capex per share | CNY | 8.15 | 8.15 | |||||
| FCF per share | CNY | -31.50 | -31.50 | |||||
| Free cash flow | CNY m | -274 | 0 | |||||
| Net debt | CNY m | 1,983 | 1,373 | |||||
| Book value equity | CNY m | 425 | -858 | |||||
| Book value per share | CNY | 48.78 | -98.18 | |||||
| Number of shares | m | 8.71 | 8.74 | |||||
| DPS (TTM paid) | CNY | 0.00 | 0.00 |
Financial summary
Financials in CNY| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 0.78 | 0.19 | |||||
| P/S LTM | x | 0.11 | 0.00 | |||||
| P/FCF LTM | x | -1.21 | 0.00 | |||||
| EV/EBITDA LTM | x | 13.82 | 11.85 | |||||
| EV/Sales LTM | x | 0.80 | 0.68 | |||||
| Earnings Yield LTM | % | -9.74% | -40.60% | |||||
| FCF Yield | % | -82.95% | - | |||||
| Quality | ||||||||
| ROE | % | -7.58% | -9.39% | |||||
| ROIC | % | -6.35% | -6.35% | |||||
| Operating margin | % | -6.08% | -6.08% | |||||
| Gross margin | % | 46.33% | 46.33% | |||||
| FCF/Sales | % | -9.45% | -9.45% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | -6.44% | -9.21% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | - | |||||
| 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 | -0.14 | 0.00 | |||||
| Net Debt/EBITDA | x | 11.85 | 11.85 | |||||
| EBIT/Net interest | x | -2.20 | -2.20 | |||||
| Net debt/market cap | % | 599.72% | - | |||||
| Net debt/Equity | x | 4.67 | -1.60 | |||||
| Gross debt/equity | x | 4.78 | -2.81 | |||||
Company overview
Established in Beijing, China in 2014, Puxin Limited delivers extensive K-12 and overseas education services. For K-12 learners, the company offers targeted academic support delivered through various formats, such as classroom-based after-school programs, full-time preparatory courses for university and art college entrance examinations, and large-scale online classes. These initiatives aim to boost students' academic performance through both group settings and personalized tutoring, often tailored to individual learning styles and speeds. Supplemental extracurricular activities, including painting, calligraphy, and science, are also available. Through its study-abroad division, Puxin guides students through admission test preparation and application procedures for high schools, universities, and graduate programs, predominantly in English-speaking countries, utilizing specialized test prep courses and consulting services. The company leverages technology extensively, incorporating web-based platforms and mobile applications for K-12 services, alongside cloud-based products for both its K-12 and international education offerings. As of December 31, 2020, Puxin operated a considerable network of 407 learning centers, split between 328 K-12 facilities and 79 dedicated to study-abroad support. Its services are marketed under several brands, including Puxin, Puxin-Lingxian, Puxin-YESSAT, Puxin-Fubusi, and ZMN Education, in addition to managing franchised schools under the Global Education banner.
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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.
Puxin Limited (NEW)
Established in Beijing, China in 2014, Puxin Limited delivers extensive K-12 and overseas education services. For K-12 learners, the company offers targeted academic support delivered through various formats, such as classroom-based after-school programs, full-time preparatory courses for university and art college entrance examinations, and large-scale online classes. These initiatives aim to boost students' academic performance through both group settings and personalized tutoring, often tailored to individual learning styles and speeds. Supplemental extracurricular activities, including painting, calligraphy, and science, are also available. Through its study-abroad division, Puxin guides students through admission test preparation and application procedures for high schools, universities, and graduate programs, predominantly in English-speaking countries, utilizing specialized test prep courses and consulting services. The company leverages technology extensively, incorporating web-based platforms and mobile applications for K-12 services, alongside cloud-based products for both its K-12 and international education offerings. As of December 31, 2020, Puxin operated a considerable network of 407 learning centers, split between 328 K-12 facilities and 79 dedicated to study-abroad support. Its services are marketed under several brands, including Puxin, Puxin-Lingxian, Puxin-YESSAT, Puxin-Fubusi, and ZMN Education, in addition to managing franchised schools under the Global Education banner.
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