China Vocational Education Holdings Limited
China Vocational Education Holdings Limited (1756.HK) Financial Performance & Income Statement Overview
Explore the financials of China Vocational Education Holdings Limited (1756.HK), including yearly and quarterly data on income, cash flow, and balance sheets.
China Vocational Education Holdings Limited (1756.HK) Income Statement & Financial Overview
Explore comprehensive income reports for China Vocational Education Holdings Limited 1756.HK, broken down by year and quarter.
| Metric | Q4 2024 | Q2 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| Revenue | $628.42M | $640.11M | $267.63M | $267.63M |
| Cost of Revenue | $306.91M | $295.30M | $116.77M | $116.77M |
| Gross Profit | $321.51M | $344.81M | $150.86M | $150.86M |
| Gross Profit Ratio | $0.51 | $0.54 | $0.56 | $0.56 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $96.39M | $72.15M | $47.12M | $47.12M |
| Operating Expenses | $35.43M | $57.24M | $39.38M | $39.38M |
| Total Costs & Expenses | $342.34M | $352.55M | $156.15M | $156.15M |
| Interest Income | $0.00 | $46.99M | $22.16M | $22.16M |
| Interest Expense | $0.00 | $0.00 | $63.03M | $0.00 |
| Depreciation & Amortization | $87.89M | $82.52M | $36.56M | $36.56M |
| EBITDA | $348.81M | $370.88M | $150.82M | $150.82M |
| EBITDA Ratio | $0.56 | $0.58 | $0.56 | $0.56 |
| Operating Income | $286.08M | $288.36M | $114.27M | $114.27M |
| Operating Income Ratio | $0.46 | $0.45 | $0.43 | $0.43 |
| Other Income/Expenses (Net) | -$39.06M | -$47.79M | -$24.94M | -$24.94M |
| Income Before Tax | $247.03M | $240.57M | $89.33M | $89.33M |
| Income Before Tax Ratio | $0.39 | $0.38 | $0.33 | $0.33 |
| Income Tax Expense | $15.85M | $20.66M | $330000.00 | $330000.00 |
| Net Income | $231.18M | $219.91M | $89.00M | $89.00M |
| Net Income Ratio | $0.37 | $0.34 | $0.33 | $0.33 |
| EPS | $0.19 | $0.18 | $0.07 | $0.07 |
| Diluted EPS | $0.19 | $0.18 | $0.07 | $0.07 |
| Weighted Avg Shares Outstanding | $1.20B | $1.20B | $1.20B | $1.20B |
| Weighted Avg Shares Outstanding (Diluted) | $1.20B | $1.20B | $1.20B | $1.20B |
Over the last four quarters, China Vocational Education Holdings Limited achieved steady financial progress, growing revenue from $267.63M in Q3 2023 to $628.42M in Q4 2024. Gross profit stayed firm with margins at 51% in Q4 2024 versus 56% in Q3 2023. Operating income totaled $286.08M in Q4 2024, maintaining a 46% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $348.81M. Net income rose to $231.18M, with EPS at $0.19. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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