China East Education Holdings Ltd
00667: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| HKD 3.21 | Vmhclqb | Nwlhqld |
China East Education's Fair Value Estimate Lowered to HKD 6.10
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Business Strategy and Outlook
China East Education is the largest vocational training education provider in China. It started from and is best known for its culinary arts education. Over the last three decades, it has benefited from the rapid expansion in China’s labor market, which created strong demand for vocational training education. We think that remains a driver for China East over the next five years given continued industrial upgrading and shortage of skilled labor.