China YuHua Education Corporation Limited reported interim results for the six months ended 28 February 2026. Revenue declined 1.2% year-on-year to RMB 1.26 billion, reflecting lower student enrolment.
Adjusted gross profit fell 25.8% to RMB 457.85 million, while adjusted gross margin narrowed to 36.2% from 48.3%. Higher staff expenses, increased teaching and research investment, and rising depreciation costs cut into profitability.
Adjusted net profit attributable to shareholders dropped 33.5% to RMB 288.83 million; statutory net profit attributable to shareholders decreased 33.4% to RMB 270.25 million, with the margin sliding to 21.4% from 31.7%.
Operating profit declined 32.8% to RMB 267.19 million. Finance expenses were trimmed by 62.5% to RMB 8.42 million after early repayment of bank borrowings, leaving the group debt-free and reducing the gearing ratio to zero (31 August 2025: 7.2%).
Cash and cash equivalents stood at RMB 1.75 billion, little changed from end-FY2025, supporting a current ratio of 0.76. Capital expenditure reached RMB 292.21 million, mainly for campus expansion and facility upgrades.
The group operated nine schools in mainland China at period-end—four universities/vocational colleges and five high schools—down from ten a year earlier following the May 2025 disposal of Stamford International University in Thailand.
Management reiterated its strategy to bolster vocational education, open new campuses and pursue selective higher-education acquisitions, while focusing on post-expansion consolidation to enhance shareholder value.
The board declared no interim dividend.
No significant post-balance-sheet events were noted beyond a CIT payment of RMB 120.63 million by Hunan International Economics University on 31 March 2026.