JH Educational Technology Reveals FY 2023 Financial Results with Increase in Revenue and Net Income

JH Educational Technology Full Year 2023 Earnings Show Increase in EPS to CN¥0.24 from CN¥0.23 in FY 2022

JH Educational Technology (HKG:1935) announced its full year 2023 financial results, showing a 6.6% increase in revenue to CN¥873.3m, compared to the previous fiscal year. Net income also grew by 5.9% to CN¥388.2m from the prior year. Despite this, the profit margin remained steady at 44%, and earnings per share rose slightly to CN¥0.24 from CN¥0.23 in FY 2022.

On March 29th, 2024, JH Educational Technology shares were down by 7.4% from a week prior, indicating that the market is not entirely optimistic about the company’s financial health. However, a detailed analysis of the company’s financial position is available along with a graphical representation of the balance sheet that can provide insights into its financial health.

Valuation of a company can be complex but can be simplified through comprehensive analysis that takes into account fair value estimates, risks, dividends, insider transactions and financial health. For more information on how JH Educational Technology stacks up financially and to view a free analysis report, simply contact us through our provided contact information.

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