Cathay Group H1 revenue rises on higher tuition fees, student numbers

Cathay group

28/08/2026 13:58

Overview
China higher education and entertainment provider's interim revenue rose 15.7% yr/yr
Net income attributable to owners grew 47% yr/yr
Growth driven by higher tuition fees and increased student numbers

Outlook
Cathay expects Olympic College acquisition to complete by end-2026 at an adjusted RMB250 mln consideration

Result Drivers
TUITION FEES - Co said revenue growth was mainly driven by higher tuition fees for undergraduate freshmen
STUDENT NUMBERS - Co attributed revenue increase to growth in student numbers
ENTERTAINMENT & E-COMMERCE - Co said profit growth was helped by improved results in entertainment and livestreaming e-commerce segments

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 438.75 mln
 
H1 Net Income Attributable
 
RMB 184.8 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the miscellaneous educational service providers peer group is "buy"
Wall Street's median 12-month price target for Cathay Group Holdings Inc is HK$1.10, about 52.8% above its August 28 closing price of HK$0.72
The stock recently traded at 2 times the next 12-month earnings vs. a P/E of 3 three months ago

Reuters Recommended Reads
Aug 28 - China's Gingko Education revenue rises on higher student enrollment, fees
Aug 26 - South China Vocational Education's H1 revenue rises on higher enrollment and fees
Aug 28 - China's JH Educational Technology revenue slips as student intake declines

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)