China New Higher Education Group (HKSE:02001) Net Margin % : 32.96% (As of Feb. 2024)

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What is China New Higher Education Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China New Higher Education Group's Net Income for the six months ended in Feb. 2024 was HK$470 Mil. China New Higher Education Group's Revenue for the six months ended in Feb. 2024 was HK$1,425 Mil. Therefore, China New Higher Education Group's net margin for the quarter that ended in Feb. 2024 was 32.96%.

The historical rank and industry rank for China New Higher Education Group's Net Margin % or its related term are showing as below:

HKSE:02001' s Net Margin % Range Over the Past 10 Years
Min: 32.26 Med: 37.89 Max: 56.31
Current: 32.7

HKSE:02001's Net Margin % is ranked better than
90.87% of 263 companies
in the Education industry
Industry Median: 4.62 vs HKSE:02001: 32.70

China New Higher Education Group Net Margin % Historical Data

The historical data trend for China New Higher Education Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China New Higher Education Group Net Margin % Chart

China New Higher Education Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Aug20

Aug21

Aug22

Aug23

Net Margin %

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35.48

37.92

32.26

33.19

China New Higher Education Group Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Net Margin %	Get a 7-Day Free Trial													33.34	31.01	33.89	32.35	32.96

Competitive Comparison of China New Higher Education Group's Net Margin %

For the Education & Training Services subindustry, China New Higher Education Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China New Higher Education Group's Net Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China New Higher Education Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where China New Higher Education Group's Net Margin % falls into.

China New Higher Education Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

China New Higher Education Group's Net Margin for the fiscal year that ended in Aug. 2023 is calculated as

Net Margin	=	Net Income (A: Aug. 2023 )	/	Revenue (A: Aug. 2023 )
	=	759.34	/	2288.032
	=	33.19 %

China New Higher Education Group's Net Margin for the quarter that ended in Feb. 2024 is calculated as

Net Margin	=	Net Income (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	469.717	/	1425.301
	=	32.96 %

China New Higher Education Group (HKSE:02001) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

China New Higher Education Group Net Margin % Related Terms

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China New Higher Education Group (HKSE:02001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China New Higher Education Group Ltd (HKSE:02001) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

8CN:Germany

Address

5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN

Website

https://www.xingaojiao.com

China New Higher Education Group, or CNHE, is a leading higher education group in China. Its school network spans seven provinces. Total enrolled students reached about 140,000 for the academic year 2023/24 from 33,462 students as of December 2016. The rapid expansion is primarily attributable to school acquisitions. CNHE currently operates eight schools, up from only two schools in 2016.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Li Xiaoxuan	2101 Beneficial owner
Aspire Education Management Co., Ltd.	2101 Beneficial owner
Tx Capital (hk) Limited	2102 Investment manager
Greenwoods Asset Management Hong Kong Limited	2102 Investment manager
Invest Partner Group Limited	2201 Interest of corporation controlled by you
Jiang Jinzhi	2201 Interest of corporation controlled by you
Aspire Education Technology Co., Ltd.	2101 Beneficial owner

China New Higher Education Group (HKSE:02001) Headlines

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