China Beststudy Education Group

China Beststudy Education Group

HHKEX:3978
2.48
HKD
+0.08
(+3.13%)
2.43BMarket Cap
Mar 25Next Earn
China Beststudy Education Group
HKEX:3978
(Hong Kong Exchange)

Recent

price

2.48

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.9
1.06
1.35
2.35
2.33
2.13
2.52
0.65
0.65
1.47
2.5
- -
Revenue per Share
0.07
0.05
0.06
0.09
0.17
0.16
-0.43
0.07
0.12
0.26
0.4
- -
Basic EPS, GAAP
0.21
0.17
0.19
0.08
0.66
0.47
-0.26
-0.11
0.36
1.03
0.65
- -
Free Cash Flow per Basic Share
0.04
- -
0.26
0.16
- -
0.07
0.05
- -
- -
0.03
0.22
- -
Dividend per Share
0.35
0.46
0.3
0.73
0.94
0.94
0.41
0.48
0.59
0.77
0.98
1.04
Book Value per Share
0.34
0.45
0.29
0.72
0.92
0.9
0.37
0.45
0.56
0.75
0.9
0.93
Tangible Book Value per Share
848
848
848
628
784
791
753
752
753
751
762
767
Basic Weighted Avg Shares
760
896
1,142
1,474
1,832
1,688
1,899
491
489
1,102
1,904
- -
Sales/Revenue/Turnover
12.45
10.55
6.91
7.83
11.24
5.57
10.98
-1.18
23.85
22.51
20.6
- -
Operating Margin (%)
23
18
26
44
271
286
305
102
82
92
140
- -
Depreciation Expense
59
46
49
55
136
130
-325
56
91
192
301
- -
Net Income, GAAP
35.3
32.3
33.14
32.21
13.99
10.64
- -
- -
20.29
22.59
20.48
- -
Effective Tax Rate (%)
7.79
5.18
4.29
3.73
7.4
7.68
-17.12
11.46
18.65
17.46
15.83
- -
Profit Margin (%)
276
325
181
361
54
85
-46
96
101
-88
226
131
Working Capital
- -
- -
- -
- -
733
861
150
145
139
210
238
233
LT Debt
353
454
338
622
797
796
351
406
496
654
842
891
Total Equity
- -
14.75
12.49
15.48
14.63
4.19
- -
- -
15.55
20.76
26.7
- -
Return on Invested Capital (%)
- -
8.62
8.12
7.47
14.93
9.35
- -
- -
15.44
24.81
29.4
- -
Return on Capital (%)
- -
13.45
15.2
12.51
19.08
16.25
-56.57
14.84
20.15
33.42
40.52
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
101
98
99
LT Borrowings
- -
- -
- -
LT Finance Leases
240
238
233
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
847
847
847
Market Capitalization
4,067
3,038
2,104

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
1,170
1,423
1,298
Cash, Cash Equivalents & STI
964
1,223
1,081
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
994
1,196
1,168
Payables & Accruals
- -
- -
- -
ST Debt
101
98
99
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.8%
8.53%
28.86%
Free Cash Flow
38.67%
-99.54%
-36.3%
Net Income, GAAP
-9.98%
-47.66%
56.65%
Sales/Revenue/Turnover
22.68%
27.2%
72.82%
Total Cash Common Dividend
- -
- -
595.03%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,102
2025
- -
- -
1,904
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.26
2025
- -
- -
0.4
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.03
2025
- -
- -
0.22
2026
- -
- -
- -
Business
China Beststudy Education Group (3978.HK) is an investment holding company principally engaged in providing after-school education services for K-12 students in China; it offers full-time test preparation programs to help middle and high school graduates gain admission to preferred schools through Zhongkao and Gaokao examinations, comprehensive talent education solutions including programming (i01 Programming), literature (Di-Da Literature), aesthetic education, practical practice, bilingual culture, multiple thinking, and social science literacy courses to promote all-round student development, tutoring programs encompassing small group tutoring, individualized tutoring, high-school academic classes, and after-school tutoring to build learning habits and knowledge systems, self-study programs to enhance soft learning skills, vocational education in collaboration with public vocational colleges to cultivate in-demand skills, and other services such as management consultancy, cultural and art counseling, internet information, publicity, advertising, and technical support. The group operates primarily in South China, with a deepening presence in Guangzhou's suburban markets, accelerated expansion into Shenzhen and Foshan in the Greater Bay Area, and nationwide reach through its main brand Zhuoyue Education; it targets parents and students seeking academic improvement and holistic growth. Founded in 1997 and headquartered at 11/F, 65 Xianlie Middle Road, Yuexiu District, Guangzhou, China, the Cayman Islands-incorporated entity listed on the Hong Kong Stock Exchange in December 2018 employs approximately 3,590 staff and maintains subsidiaries focused on education delivery. In recent developments, the group advances an "ALL IN AI" strategy, launching AI Picture Book Parent-Child Co-creation Course, AI Love Reading 1.0 adaptive learning tool, Whale Education System integrated with DeepSeek R1 for lesson planning and personalized pathways, and AI tools for marketing, training, and operations to boost efficiency; it repurchased 719,000 shares in the six months ended June 30, 2025, under its restricted share unit scheme to align employee interests, declared an interim dividend of RMB10.7 cents per share (HK$11.8 cents) for the period and a final dividend of RMB11.4 cents per share (HK$12.3 cents) for 2024 under a three-year plan targeting 50-70% payout ratios, enriched its talent business with the Beststudy Kunpeng Youth Growth Camp Project based on nine core products, and reported interim revenue of RMB917.1 million (up 188.9% year-over-year) driven by comprehensive talent business growth to RMB723.3 million.