本期投资提示:海外教育:关注高教政策推进,办学投入拐点显现,经营效率提升可期高教公司经营效益触底回升可期。随着职教改革深入,办学质量提升成行业主基调。过去5 年民办高校办学投入持续增长,经营效益持续恶化。净利率从20 年41%下跌至29.3%。人力资源成本,其他主营成本快速增长。经过五年间办学的持续投入,民办高校办学质量快速提升,关键指标如生师比,生均办学经费等均已达标或接近达标(其中生师比接近...
Source Link本期投资提示:海外教育:关注高教政策推进,办学投入拐点显现,经营效率提升可期高教公司经营效益触底回升可期。随着职教改革深入,办学质量提升成行业主基调。过去5 年民办高校办学投入持续增长,经营效益持续恶化。净利率从20 年41%下跌至29.3%。人力资源成本,其他主营成本快速增长。经过五年间办学的持续投入,民办高校办学质量快速提升,关键指标如生师比,生均办学经费等均已达标或接近达标(其中生师比接近...
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