Chinese education co Fenbi's H1 revenue falls, posts net loss

Fenbi

27/08/2026 14:48

Overview
China online education provider's H1 revenue fell 16% yr/yr
Company posted net loss for H1, compared to profit a year earlier
Average monthly active users declined to 8.5 mln from 9.3 mln

Outlook
Company did not provide specific guidance or outlook commentary in the press release

Result Drivers
LOWER USER ENGAGEMENT - Average monthly active users fell to 8.5 mln from 9.3 mln, contributing to revenue decline
HIGHER OPERATING COSTS - Administrative, selling, and R&D expenses rose year-over-year, weighing on profitability
CIVIL-SERVICE EXAM PRESSURE – Tutoring revenue fell 17.5% as fewer civil-service exam positions and intensifying training-sector competition reduced demand

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 1.25 bln
 
H1 Net Loss Attributable
 
RMB 183.5 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the miscellaneous educational service providers peer group is "buy"
Wall Street's median 12-month price target for Fenbi Ltd is HK$5.22, about 1,413% above its August 27 closing price of HK$0.35
The stock recently traded at 2 times the next 12-month earnings vs. a P/E of 5 three months ago

Reuters Recommended Reads
Aug 27 - China's Gaotu Techedu Q2 revenue rises 20% on growth in gross billings
Aug 25 - China's Minsheng Education H1 revenue dips 1.3%
Aug 26 - South China Vocational Education's H1 revenue rises on higher enrollment and fees

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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.)