China Beststudy Education Group logo

China Beststudy Education Group

3978.HK

HKSEConsumer DefensiveEducation & Training Services

Latest quote

HK$3.22

−HK$0.055 · -1.68%

Aug 24, 1:46 PM HKT

3978.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Established in Guangzhou in 1997, China Beststudy Education Group delivers a comprehensive range of after-school educational programs primarily for K-12 students across China. Its core offerings include intensive full-time preparation courses designed to assist middle and high school students in gaining admission to their desired institutions. The company also focuses on holistic student development through talent education, which promotes an engaging and enjoyable learning environment. Additionally, it provides after-school tutoring to cultivate robust learning habits, build strong foundational knowledge, and refine analytical thinking. Self-study initiatives are offered to enhance students' independent learning proficiencies. Furthermore, Beststudy contributes to vocational training by collaborating with public vocational colleges to develop skilled technical professionals. Beyond its educational focus, the group extends its services to include management consulting, internet information solutions, publicity and advertising, technical support and development, and various investment activities.

Industry
Education & Training Services
Sector
Consumer Defensive
Headquarters
CN
CEO
Junjing Tang
Listed since
Dec 27, 2018
Employees
4,768

Market position

Day range

Current HK$3.22

52-week range

Current HK$3.22

Open
HK$3.22
Previous close
HK$3.275
Volume
370.76K
0.44× average
Average volume
842.03K
Average daily volume
Market cap
2.47B HKD
Beta
0.47
Market reference 1
50-day average
HK$3.1411
+2.51% above average
200-day average
HK$3.5501
-9.30% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
6.74×
P/B (TTM)
2.39×
P/S (TTM)
1.05×
Dividend yield
7.30%

Profitability & efficiency

Gross margin
45.00%
Operating margin
21.20%
Net margin
15.73%

Financial health

Debt / equity
0.37×
Altman Z-score
3.74
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends53%28%2%-24%Gross margin, FY2021: 38.41%Gross margin, FY2022: 35.24%Gross margin, FY2023: 46.98%Gross margin, FY2024: 46.29%Gross margin, FY2025: 45.36%Operating margin, FY2021: 9.64%Operating margin, FY2022: -0.77%Operating margin, FY2023: 27.46%Operating margin, FY2024: 22.40%Operating margin, FY2025: 20.57%Net margin, FY2021: -17.12%Net margin, FY2022: 11.46%Net margin, FY2023: 18.65%Net margin, FY2024: 17.46%Net margin, FY2025: 15.83%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 38.41%. Gross margin FY2022 35.24%. Gross margin FY2023 46.98%. Gross margin FY2024 46.29%. Gross margin FY2025 45.36%. Operating margin FY2021 9.64%. Operating margin FY2022 -0.77%. Operating margin FY2023 27.46%. Operating margin FY2024 22.40%. Operating margin FY2025 20.57%. Net margin FY2021 -17.12%. Net margin FY2022 11.46%. Net margin FY2023 18.65%. Net margin FY2024 17.46%. Net margin FY2025 15.83%.

Income trends

Revenue

1.9B CNY+72.82%

Operating income

391.7M CNY+58.69%

Net income

301.47M CNY+56.65%
Income trends across reported periods2.13B CNY1.24B CNY343.81M CNY−547.98M CNYRevenue, FY2021: 1.9B CNYRevenue, FY2022: 491.13M CNYRevenue, FY2023: 489.31M CNYRevenue, FY2024: 1.1B CNYRevenue, FY2025: 1.9B CNYOperating income, FY2021: 183.09M CNYOperating income, FY2022: −3.81M CNYOperating income, FY2023: 134.35M CNYOperating income, FY2024: 246.84M CNYOperating income, FY2025: 391.7M CNYNet income, FY2021: −325.03M CNYNet income, FY2022: 56.29M CNYNet income, FY2023: 91.25M CNYNet income, FY2024: 192.45M CNYNet income, FY2025: 301.47M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.9B CNY. Revenue FY2022 491.13M CNY. Revenue FY2023 489.31M CNY. Revenue FY2024 1.1B CNY. Revenue FY2025 1.9B CNY. Operating income FY2021 183.09M CNY. Operating income FY2022 −3.81M CNY. Operating income FY2023 134.35M CNY. Operating income FY2024 246.84M CNY. Operating income FY2025 391.7M CNY. Net income FY2021 −325.03M CNY. Net income FY2022 56.29M CNY. Net income FY2023 91.25M CNY. Net income FY2024 192.45M CNY. Net income FY2025 301.47M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue1.9B CNY1.1B CNY489.31M CNY491.13M CNY1.9B CNY
Cost of goods sold1.04B CNY591.88M CNY259.46M CNY318.07M CNY1.17B CNY
Gross profit863.86M CNY510.12M CNY229.86M CNY173.06M CNY729.35M CNY
Research and development99.58M CNY46.99M CNY11.54M CNY55.73M CNY142.31M CNY
Selling, general, and administrative372.58M CNY216.29M CNY83.97M CNY121.14M CNY403.95M CNY
Operating expenses472.16M CNY263.28M CNY95.51M CNY178.84M CNY546.26M CNY
Interest income22.9M CNY17.14M CNY13.89M CNY28.64M CNY27.71M CNY
Interest expense13.54M CNY11.74M CNY8.97M CNY12.37M CNY57.8M CNY
Depreciation and amortization31.17M CNY21.34M CNY81.83M CNY18.71M CNY75.61M CNY
Operating income391.7M CNY246.84M CNY134.35M CNY−3.81M CNY183.09M CNY
Net income301.47M CNY192.45M CNY91.25M CNY56.29M CNY−325.03M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.26

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.30.210.120.03Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26Q3 '26
Q1 2023, reported Mar 28, 2023: actual 0.077, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 0.03, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 0.103, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 8, 2024: actual 0.077, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 20, 2025: actual 0.192, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 21, 2025: actual 0.218, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 19, 2026: actual 0.211, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 20, 2026: actual 0.256, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.29B917.87M545.73M173.6MQ1 '23No estimateQ3 '23MissQ1 '24MissQ3 '24MissQ1 '25MissQ3 '25MissQ1 '26No estimateQ3 '26Beat
Q1 2023, reported Mar 28, 2023: actual 253.62M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 204.24M HKD, estimate 719.5M HKD, surprise -71.61%, Miss. Q1 2024, reported Mar 27, 2024: actual 332.54M HKD, estimate 719.23M HKD, surprise -53.76%, Miss. Q3 2024, reported Aug 8, 2024: actual 341.07M HKD, estimate 717.86M HKD, surprise -52.49%, Miss. Q1 2025, reported Mar 20, 2025: actual 830.19M HKD, estimate 1B HKD, surprise -17.27%, Miss. Q3 2025, reported Aug 21, 2025: actual 1.01B HKD, estimate 1.03B HKD, surprise -1.98%, Miss. Q1 2026, reported Mar 19, 2026: actual 1.1B HKD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 20, 2026: actual 1.21B HKD, estimate 1.19B HKD, surprise +1.32%, Beat.

3978.HK peers

ETFs holding 3978.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research 3978.HK

research.disclaimer