China New Higher Education, or CNHE, is the third-largest private higher education group in China by student enrolment. CNHE focuses on higher vocational education, and it strives to prepare students for quality employment. We think a high graduate employment rate helps CNHE achieve steady growth in student enrolment.
Negative sentiment toward the education sector will ease; there are no further regulatory actions.
Growth will slow as M&A driven strategy is no longer feasible.
|
Metric
|
02001
|
06169
|
00839
|
|---|---|---|---|
Price/Earnings (Normalized) | 3.73 | 2.20 | 5.22 |
Price/Book Value | 0.76 | 0.20 | 0.67 |
Price/Sales | 1.26 | 0.62 | 1.65 |
Price/Cash Flow | 2.52 | 1.28 | 3.72 |
|
Metric
|
02001
|
06169
|
00839
|
|---|---|---|---|
Quick Ratio | 0.11 | 0.34 | 0.76 |
Current Ratio | 0.30 | 0.34 | 0.85 |
Interest Coverage | 7.69 | 17.23 | 4.16 |
|
Metric
|
02001
|
06169
|
00839
|
|---|---|---|---|
Return on Assets (Normalized) | 8.33% | 6.15% | 5.49% |
Return on Equity (Normalized) | 20.98% | 10.54% | 12.83% |
Return on Invested Capital (Normalized) | 13.40% | 8.32% | 8.69% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| New Oriental Education & Technology Group Inc ADR
EDU
| Klcrvkfwx | Fnl | $13.6 Bil | |||
| TAL Education Group ADR
TAL
| Hyzcq | Jzt | $6.5 Bil | |||
| Grand Canyon Education Inc
LOPE
| — | Pvnxyy | $4.3 Bil | |||
| Graham Holdings Co
GHC
| Bqxzlps | Nvblz | $3.1 Bil | |||
| Stride Inc
LRN
| — | Vkww | $3.0 Bil | |||
| Strategic Education Inc
STRA
| Bblbmvncg | Xydgc | $2.7 Bil | |||
| Adtalem Global Education Inc
ATGE
| Gxhxxgpt | Lfxz | $2.6 Bil | |||
| Laureate Education Inc Shs
LAUR
| — | Hplcf | $2.2 Bil | |||
| Afya Ltd Class A
AFYA
| — | Lpbfq | $1.5 Bil | |||
| Gaotu Techedu Inc ADR
GOTU
| — | Wdy | $1.5 Bil |
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