Stock 600636 CHINA REFORM CULTURE HOLDINGS CO., LTD.
Add to a list
To use this feature you must be a member
Log inSign up

Financials China Reform Culture Holdings Co., Ltd.

Equities

600636

CNE0000004Y4

Miscellaneous Educational Service Providers

End-of-day quote Shanghai S.E.
Other stock markets
 06:00:00 2024-07-11 pm EDT 		5-day change 1st Jan Change
6.83 CNY -2.15% Intraday chart for China Reform Culture Holdings Co., Ltd. -8.81% -35.20%
Apr. 26 China Reform Culture Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Apr. 26 China Reform Culture Holdings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,823 4,541 5,887 4,711 4,150 4,623
Enterprise Value (EV) 1 3,776 3,489 4,713 3,510 2,866 3,306
P/E ratio 8.88 x 38 x 38.6 x -11.2 x 31.6 x -27.5 x
Yield 3.43% 0.98% 0.82% 0.37% 1.06% 0.38%
Capitalization / Revenue 2.9 x 3.64 x 12.7 x 10.6 x 8.85 x 12 x
EV / Revenue 2.27 x 2.79 x 10.1 x 7.9 x 6.11 x 8.61 x
EV / EBITDA 24 x 18.3 x 31.7 x 59.8 x 27.9 x 81.3 x
EV / FCF 4.12 x -32.6 x 13.2 x -456 x 58.2 x 198 x
FCF Yield 24.2% -3.07% 7.59% -0.22% 1.72% 0.51%
Price to Book 1.57 x 1.5 x 1.93 x 1.86 x 1.55 x 1.87 x
Nbr of stocks (in thousands) 446,942 446,937 438,637 438,637 438,637 438,637
Reference price 2 10.79 10.16 13.42 10.74 9.460 10.54
Announcement Date 4/25/19 4/24/20 4/26/21 4/27/22 4/28/23 4/26/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,664 1,248 464.6 444.4 468.7 383.8
EBITDA 1 157.4 190.7 148.5 58.74 102.6 40.65
EBIT 1 112.4 135.5 101.8 34.5 95.78 34.39
Operating Margin 6.76% 10.86% 21.9% 7.76% 20.44% 8.96%
Earnings before Tax (EBT) 1 828.4 188.3 141.3 -428 142.9 -169.3
Net income 1 543.1 119.4 155.5 -427.9 133.7 -168.8
Net margin 32.65% 9.57% 33.48% -96.27% 28.52% -43.99%
EPS 2 1.215 0.2672 0.3480 -0.9573 0.2998 -0.3835
Free Cash Flow 1 915.5 -107.1 357.5 -7.705 49.28 16.7
FCF margin 55.03% -8.58% 76.94% -1.73% 10.51% 4.35%
FCF Conversion (EBITDA) 581.76% - 240.68% - 48.05% 41.09%
FCF Conversion (Net income) 168.56% - 229.83% - 36.87% -
Dividend per Share 2 0.3700 0.1000 0.1100 0.0400 0.1000 0.0400
Announcement Date 4/25/19 4/24/20 4/26/21 4/27/22 4/28/23 4/26/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,046 1,052 1,174 1,201 1,284 1,318
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 915 -107 357 -7.71 49.3 16.7
ROE (net income / shareholders' equity) 17.1% 4.02% 4.21% -15.2% 5.09% -6.55%
ROA (Net income/ Total Assets) 1.3% 2.41% 1.87% 0.72% 2.14% 0.79%
Assets 1 41,861 4,952 8,307 -59,698 6,251 -21,271
Book Value Per Share 2 6.870 6.780 6.940 5.770 6.120 5.630
Cash Flow per Share 2 2.030 2.350 1.760 2.050 2.260 1.540
Capex 1 120 86.5 43.4 2.08 5.89 3.7
Capex / Sales 7.19% 6.93% 9.34% 0.47% 1.26% 0.96%
Announcement Date 4/25/19 4/24/20 4/26/21 4/27/22 4/28/23 4/26/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

Company calendar

Sector Miscellaneous Educational Service Providers

1st Jan change Capi.
CHINA REFORM CULTURE HOLDINGS CO., LTD. Stock China Reform Culture Holdings Co., Ltd.
-35.20% 413M
NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC. Stock New Oriental Education & Technology Group Inc.
+5.81% 12.83B
TAL EDUCATION GROUP Stock TAL Education Group
-14.41% 6.55B
GRAND CANYON EDUCATION, INC. Stock Grand Canyon Education, Inc.
+7.48% 4.16B
STRIDE, INC. Stock Stride, Inc.
+15.51% 2.91B
STRATEGIC EDUCATION, INC. Stock Strategic Education, Inc.
+20.44% 2.71B
ADTALEM GLOBAL EDUCATION INC. Stock Adtalem Global Education Inc.
+20.58% 2.67B
LAUREATE EDUCATION, INC. Stock Laureate Education, Inc.
+10.61% 2.35B
ALEF EDUCATION HOLDING PLC Stock Alef Education Holding plc
0.00% 2.25B
PERDOCEO EDUCATION CORPORATION Stock Perdoceo Education Corporation
+23.58% 1.42B
Miscellaneous Educational Service Providers
  1. Stock Market
  2. Equities
  3. 600636 Stock
  4. Financials China Reform Culture Holdings Co., Ltd.