4.36BMarket Cap-11470P/E (TTM)
1.180High1.170Low240.00KVolume1.180Open1.190Pre Close281.34KTurnover0.01%Turnover RatioLossP/E (Static)3.72BShares1.51052wk High0.18P/B4.36BFloat Cap0.91052wk Low0.05Dividend TTM3.72BShs Float5.970Historical High0.050Dividend LFY0.84%Amplitude-1.312Historical Low1.172Avg Price2000Lot Size4.27%Div YieldTTM4.27%Div Yield LFY
CHINA ORIENTAL Stock Forum
Citigroup first gave China Eastern Education a "Buy" rating, with a target price of HK$12, which is equivalent to a forecasted price-earnings ratio of 25 times in the next 12 months.
China Eastern Education Group is China's largest provider of vocational skills education.
According to Citigroup, the current enrollment rate of vocational education is about 17%, which is far below the government's target of about 50%, and there is huge room for development. It is estimated that from 2021-23, China Eastern’s education income will grow at an average compound annual growth rate of 16%, and net profit will grow at an average compound annual growth rate of 24%.
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