华西证券指出，短期来看，公司网点扩展迅速，我们认为公司合同负债为素质教育及辅导培训业务高增提供保障；教师和人才储备快速增长，未来公司将进一步加强高校合作招聘，为深圳本地抢份额、异地扩张做好铺垫；长期来看，我们认为广州是公司下一个增长点，未来有望重启扩张广州等周边地区。Scholar Edu (01769) rose more than 5% after the earnings report, as of press time, rising 5.46% to HKD 5.41 with a turnover of HKD 15.0688 million.
According to the Zhitong Financial APP, Scholar Edu (01769) rose more than 5% after the earnings report, as of press time, rising 5.46% to HKD 5.41 with a turnover of HKD 15.0688 million.
On the news front, Scholar Edu announced its interim results, with the group's revenue of RMB 3.99 billion, an increase of 58.8% year-on-year; operating profit of RMB 1.14 billion, up 129.2% year-on-year; attributable profit for the period of RMB 82.652 million, up 92.5% year-on-year. It is worth noting that the company's training advances received a significant increase, with contract liabilities of RMB 2.49 billion as of 2024H1, up 93.2% year-on-year.
Huaxi Securities pointed out that in the short term, the company's branch expansion is rapid, and we believe that the company's contract liabilities will provide guarantee for the quality education and auxiliary training business; the number of teachers and talent reserves is growing rapidly, and in the future, the company will further strengthen cooperation with universities to recruit, laying a foundation for competing for market share in Shenzhen and expanding elsewhere; in the long run, we believe that Guangzhou is the company's next growth point and will look to restart expansion in Guangzhou and surrounding areas in the future.