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Preferred stock is a special equity security that has properties of both equity and debt. China New Higher Education Group's preferred stock for the quarter that ended in Feb. 2026 was HK$0 Mil.
In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. China New Higher Education Group's Book Value per Share for the quarter that ended in Feb. 2026 was HK$3.12.
China New Higher Education Group (HKSE:02001) Preferred Stock Explanation
When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.
For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffetts Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffetts Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?
1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.
China New Higher Education Group's Enterprise Value for the quarter that ended in Feb. 2026 is calculated as
* 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.
China New Higher Education Group Preferred Stock Related Terms
China New Higher Education Group Preferred Stock Historical Data
* 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.
China New Higher Education Group Preferred Stock Chart
China New Higher Education Group Preferred Stock Calculation
Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.
Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.
Preferred stock comes in many forms. It can be:
Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date
A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.
Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?
It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.
Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.
China New Higher Education Group (HKSE:02001) has a Preferred Stock of HK$0 Mil as of Feb. 2026. Preferred Stock represents the par value of a company's preferred shares. View historical data on China New Higher Education Group and its competitors.
Is China New Higher Education Group's Preferred Stock too high?
China New Higher Education Group's current Preferred Stock is HK$0 Mil. Overall, China New Higher Education Group has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China New Higher Education Group's Preferred Stock compare to EDU and TAL?
China New Higher Education Group's Preferred Stock of HK$0 Mil can be compared against companies in the Education industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for an Education company?
A good Preferred Stock depends on the Education industry context. However, Preferred Stock should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on China New Higher Education Group and its competitors. China New Higher Education Group's current Preferred Stock is HK$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China New Higher Education Group stock overvalued right now?
Based on GuruFocus' analysis, China New Higher Education Group (HKSE:02001) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.71, compared to a current price of HK$0.53 — trading 69% below its estimated fair value. The current Preferred Stock is HK$0 Mil. China New Higher Education Group's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For China New Higher Education Group (HKSE:02001), the current Preferred Stock is HK$0 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China New Higher Education Group (HKSE:02001) Overvalued in 2026?
Based on GuruFocus' analysis, China New Higher Education Group stock appears to be undervalued.
The current stock price of HK$0.53 is trading 69% below its estimated GF Value™ of HK$1.71.
GuruFocus considers China New Higher Education Group to be Possible Value Trap.
Key valuation signals for HKSE:02001:
Preferred Stock: HK$0 Mil
GF Value™: HK$1.71 vs. price of HK$0.53 (69% below fair value)
No single metric tells the full story. See the HKSE:02001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China New Higher Education Group Ltd is engaged in the operations of Yunnan School, Guizhou School, Central China School, Northeast School, Luoyang School, Guangxi Schools, Gansu School and Zhengzhou School. The Group provides education services in the PRC and operates within one geographical location, as all revenues were generated in the PRC.
81GF Score
Get the complete analysis for HKSE:02001
Preferred Stock is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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