JH Educational Technology Reports Strong Full-Year 2023 Results but Share Price Down

JH Educational Technology (HKG:1935) released its full-year 2023 financial results, showing a rise in revenue to CN¥873.3 million, up 6.6% from the previous fiscal year. The company’s net income also grew by 5.9% to CN¥388.2 million compared to the previous year. Despite this, the profit margin remained steady at 44%, and earnings per share increased to CN¥0.24 from CN¥0.23 in FY 2022.

On March 29th, 2024, JH Educational Technology’s shares were down by 7.4% from their value a week prior, indicating that investors may be concerned about the company’s financial position. However, a detailed analysis of the balance sheet is available for those looking to gain a better understanding of the company’s financial health. Additionally, there is a graphical representation of the balance sheet provided for reference.

Valuing a company can be complex, but by exploring fair value estimates, risks, dividends, insider transactions, and financial health, investors can simplify the process and determine if JH Educational Technology is over or undervalued. For more information on this analysis and how it can help inform investment decisions, contact us using the provided contact information.

It is important to note that articles by Simply Wall St are based on historical data and analyst forecasts using an unbiased methodology. While we aim to provide long-term focused analysis driven by fundamental data, our articles do not provide financial advice or recommendations for buying or selling any stock based on individual objectives or financial situations.

Additionally, our analysis may not include the latest company announcements or qualitative material and does not hold positions in any mentioned stocks.

In summary, while JH Educational Technology reported positive growth in its full-year 2023 results with an increase in revenue and net income, its share price was down by 7.4% from a week prior on March 29th