Want to see HK:6913 full AI Analyst Report?
Top Page
South China Vocational Education Group Co., Ltd.
(6913)
Select Model
Select Model
Rating:52Neutral
Price Target:
HK$0.14
▼(-51.72% Downside)
Action:Reiterated
Date:06/04/26
The score is held back primarily by the 2025 swing to net losses and margin compression, despite continued revenue growth and positive operating cash flow. Technicals add further pressure given a clear downtrend and weak momentum. Valuation is mixed: the very high dividend yield helps, but the negative P/E reflects loss-making performance and reduces confidence.
Positive Factors
Steady Revenue Growth
Consistent top‑line growth across 2020–2025 indicates persistent student demand and program enrollment momentum. Durable tuition revenue expansion supports recurring cash inflows, underpins capacity to invest in programs and facilities, and reduces reliance on one‑off revenues over the next several quarters.
Negative Factors
Earnings Reversal to Net Loss
A material swing to a 2025 net loss erodes retained earnings and indicates profitability deterioration. Persistent or repeat losses would limit reinvestment, constrain dividend sustainability and weaken stakeholder confidence, increasing the risk that operational fixes or cost cuts are required to restore margins.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady Revenue Growth
Consistent top‑line growth across 2020–2025 indicates persistent student demand and program enrollment momentum. Durable tuition revenue expansion supports recurring cash inflows, underpins capacity to invest in programs and facilities, and reduces reliance on one‑off revenues over the next several quarters.
Read all positive factors
South China Vocational Education Group Co., Ltd. (6913) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$190.76M
Dividend Yield11%
Average Volume (3M)262.53K
Price to Earnings (P/E)―
Beta (1Y)0.29
Revenue Growth15.94%
EPS Growth-168.02%
CountryHK
Employees542
SectorConsumer Defensive
Sector Strength42
IndustryEducation & Training Services
Share Statistics
EPS (TTM)-0.05
Shares Outstanding1,334,000,000
10 Day Avg. Volume215,400
30 Day Avg. Volume262,533
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.22
Price to Sales (P/S)0.44
P/FCF Ratio8.07
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
South China Vocational Education Group Co., Ltd. Business Overview & Revenue Model
Company Description
South China Vocational Education Group Company Limited offers extensive vocational training and educational programs throughout mainland China and the Greater Bay Area. Their curriculum focuses on high-demand sectors, including internet technologi...
How the Company Makes Money
The company primarily makes money by operating vocational education institutions and charging students for education services. Key revenue streams include: (1) Tuition and education service fees: recurring fees paid by enrolled students for academ...
South China Vocational Education Group Co., Ltd. Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
63
Positive
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 791.76M | 683.62M | 556.20M | 516.28M | 499.62M |
| Gross Profit | 228.19M | 189.94M | 176.50M | 196.84M | 201.61M |
| EBITDA | 87.20M | 94.00M | 221.53M | 248.63M | 260.43M |
| Net Income | -59.62M | 90.89M | 112.40M | 142.61M | 153.94M |
Balance Sheet | |||||
| Total Assets | 2.92B | 2.53B | 2.47B | 2.34B | 2.28B |
| Cash, Cash Equivalents and Short-Term Investments | 559.83M | 364.22M | 423.52M | 248.98M | 552.44M |
| Total Debt | 519.82M | 284.48M | 322.31M | 342.51M | 416.80M |
| Total Liabilities | 1.36B | 873.22M | 814.53M | 798.59M | 823.45M |
| Stockholders Equity | 1.56B | 1.66B | 1.65B | 1.54B | 1.46B |
Cash Flow | |||||
| Free Cash Flow | 43.08M | -7.54M | 51.27M | 110.65M | 42.98M |
| Operating Cash Flow | 230.19M | 285.34M | 268.24M | 308.42M | 195.85M |
| Investing Cash Flow | -188.85M | -296.98M | -63.95M | -352.62M | -260.09M |
| Financing Cash Flow | 133.24M | -128.65M | -30.41M | -190.49M | 258.18M |
South China Vocational Education Group Co., Ltd. Technical Analysis
Negative
0.29
Price Trends
0.16
Negative
0.20
Negative
0.25
Negative
Market Momentum
>-0.01
Negative
39.72
Neutral
49.06
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6913, the sentiment is Negative. The current price of 0.29 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.16, and above the 200-day MA of 0.25, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.72 is Neutral, neither overbought nor oversold. The STOCH value of 49.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6913.
South China Vocational Education Group Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$1.16B | 1.60 | 11.40% | 10.76% | 6.22% | 7.79% | |
70 Outperform | HK$1.78B | 2.90 | 13.50% | 9.42% | 19.80% | -10.87% | |
69 Neutral | HK$528.00M | 1.52 | 7.04% | ― | 12.52% | -33.22% | |
69 Neutral | HK$2.37B | 6.44 | 37.38% | 5.86% | 72.87% | 54.16% | |
66 Neutral | HK$498.66M | 1.30 | 8.43% | 11.09% | 1.47% | 1.93% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
52 Neutral | HK$190.76M | -2.52 | -3.63% | 11.00% | 15.94% | -168.02% |
* Consumer Defensive Sector Average
HK:6913
South China Vocational Education Group Co., Ltd.
0.14
-0.12
-45.00%
HK:1890
China Kepei Education Group Limited
0.89
-0.46
-33.98%
HK:1756
China Vocational Education Holdings Limited
0.44
-0.16
-26.67%
HK:2001
China New Higher Education Group Ltd
0.59
-0.34
-36.56%
HK:2779
China Xinhua Education Group Limited
0.31
-0.28
-47.46%
HK:3978
China Beststudy Education Group
3.17
-1.67
-34.53%
South China Vocational Education Group Co., Ltd. Corporate Events
South China Vocational Education Wins Full Shareholder Backing at 2026 AGM
May 28, 2026
South China Vocational Education Group Company Limited reported that all resolutions proposed at its annual general meeting on 28 May 2026 were approved by shareholders via poll, with 734 million votes cast in favour and none against. The meeting ...
South China Vocational Education Group Sets 2026 AGM to Approve Results and Share Issuance Mandate
Apr 29, 2026
South China Vocational Education Group Company Limited has convened its annual general meeting for 28 May 2026 in Guangzhou, where shareholders will review and adopt the audited consolidated financial statements for the year ended 31 December 2025...
South China Vocational Education Swings to Loss Despite Double-Digit Revenue Growth in 2025
Mar 30, 2026
South China Vocational Education Group reported a 15.8% rise in revenue to RMB791.8 million for 2025, driven by higher education-related income and improved gross profit, which climbed 20.1% to RMB228.2 million. Despite operating gains and reduced...
South China Vocational Education Group Flags 2025 Loss on Tax Reassessment
Mar 25, 2026
South China Vocational Education Group has warned that it expects to post a loss attributable to owners of at least RMB59.4 million for the year ended 31 December 2025, reversing from a profit of about RMB90.9 million a year earlier. The deteriora...
South China Vocational Education Group Sets Board Meeting to Review 2025 Results and Consider Dividend
Mar 18, 2026
South China Vocational Education Group Company Limited has scheduled a board meeting for 30 March 2026 to review and approve the annual results for the financial year ended 31 December 2025. The board will also consider the publication of these re...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.