China YuHua Education Corp Ltd

06169: XHKG (HKG)
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China YuHua Education's Large Capital Expenditure and Lower Gross Margin Are Disappointing

Business Strategy and Outlook

China YuHua Education used to be known for its complete coverage of kindergarten to university education. Following the deconsolidation of K-9 assets in 2021, YuHua moved closer to peers that only operate schools at higher education and secondary education level. However, YuHua’s secondary schools are academically focused and face higher regulatory risk compared with secondary vocational schools.

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