China Education Group Holdings Limited (stock code: 839) announced its annual results for the year ended 31 August 2025. Revenue reached RMB7,363 million, reflecting an 11.9% year-on-year increase. Net profit stood at RMB506 million, marking a rise of 0.8%. The company recorded a cash reserve of RMB6,744 million at the end of the reporting period. Adjusted EBITDA came in at RMB4,169 million, up 10.5% year-on-year, attributable to growth fueled by enrollment expansion and ongoing investments in academic programs.

Management reported steady higher education enrollment growth, noting approximately 282,000 full-time students for the 2024/25 academic year, a 5% increase over the prior year. Enrollment in higher education programs reached about 243,000 students, up 9% and driven by a curriculum strategy aligned with national employment-focused policies. The company is also deepening digital transformation efforts, emphasizing “AI + Education,” amid continued integration of industry resources to prepare graduates with high-quality skills.

The financial discussion highlighted improved operational performance. Cost of revenue rose in line with expanded scale, while strong enrollment and controlled operating expenses supported profitability. Property, plant, and equipment increased 7.6% to RMB23,362 million, reflecting new campus construction. The company recognized an RMB1,706 million non-cash impairment on goodwill and intangible assets, primarily due to revised enrollment projections at certain campuses, though overall cash flow prospects remain stable.

As of 31 August 2025, total bank and other borrowings and bonds stood at RMB10,233 million, with a net gearing ratio of 18.4%. The board decided not to declare a final dividend for FY2025 (compared to RMB10.28 cents per share for FY2024). The annual general meeting is set for 26 January 2026, with the register of members closed between 21 January 2026 and 26 January 2026.