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Golden Sun Education Group Limited (GSUN) 10-Year Financial Performance & Capital Metrics

GSUN • • Industrial / General
Consumer DefensiveEducation & TrainingK-12 Education ServicesK-12 Private Schools & Bilingual Education
AboutGolden Sun Education Group Limited, through its subsidiaries, provides education and management services in the People's Republic of China. It operates through two segments, primary and secondary school services, tutoring, and other Services. The company offers private school educational and foreign language tutorials, and other education training management services. The company was founded in 1997 and is headquartered in Shanghai, China.Show more
  • Revenue $10M +65.0%
  • EBITDA -$2M +63.2%
  • Net Income -$4M +35.9%
  • EPS (Diluted) -1.87 +39.3%
  • Gross Margin 23.26% -20.1%
  • EBITDA Margin -20.51% +77.7%
  • Operating Margin -25.23% +74.7%
  • Net Margin -36.48% +61.2%
  • ROE -154.82% -75.4%
  • ROIC -57.42% +67.4%
  • Debt/Equity 10.96 +900.5%
  • Interest Coverage -10.52 +43.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓High quality earnings: Operating CF exceeds net income

✗Weaknesses

  • ✗High debt to equity ratio of 11.0x
  • ✗Weak Piotroski F-Score: 2/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 7 (bottom 7%)
  • ✗Sales declining 7.7% over 5 years
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-7.7%
3Y-12.23%
TTM62.14%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-100.48%

EPS CAGR

10Y-
5Y-
3Y-
TTM-94.1%

ROCE

10Y Avg-55.88%
5Y Avg-55.88%
3Y Avg-55.88%
Latest-42.21%

Peer Comparison

K-12 Private Schools & Bilingual Education
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
BEDUBright Scholar Education Holdings Limited17.48M2.25-0.02-17.35%-90.92%-14.03%100%2.49
GSUNGolden Sun Education Group Limited11.98M1.41-0.7565.04%-36.15%-154.82%10.96

Profit & Loss

Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024
Sales/Revenue+15.17M13.96M15.03M10.81M6.16M10.16M
Revenue Growth %--0.08%0.08%-0.28%-0.43%0.65%
Cost of Goods Sold+7.05M7.69M6.21M6M4.36M7.8M
COGS % of Revenue0.46%0.55%0.41%0.56%0.71%0.77%
Gross Profit+8.12M6.27M8.82M4.81M1.79M2.36M
Gross Margin %0.54%0.45%0.59%0.44%0.29%0.23%
Gross Profit Growth %--0.23%0.41%-0.45%-0.63%0.32%
Operating Expenses+3.43M4.8M6.86M6.35M7.93M4.93M
OpEx % of Revenue0.23%0.34%0.46%0.59%1.29%0.48%
Selling, General & Admin3.43M4.8M6.86M6.35M7.93M4.93M
SG&A % of Revenue0.23%0.34%0.46%0.59%1.29%0.48%
Research & Development000000
R&D % of Revenue------
Other Operating Expenses000000
Operating Income+4.68M1.66M1.95M-1.54M-6.14M-2.56M
Operating Margin %0.31%0.12%0.13%-0.14%-1%-0.25%
Operating Income Growth %--0.65%0.18%-1.79%-2.98%0.58%
EBITDA+5.22M1.75M2.1M-1.37M-5.66M-2.08M
EBITDA Margin %0.34%0.13%0.14%-0.13%-0.92%-0.21%
EBITDA Growth %--0.67%0.2%-1.65%-3.13%0.63%
D&A (Non-Cash Add-back)536.15K85.74K143.56K169.81K476.25K479.5K
EBIT4.74M55.65K2.18M-1.55M-5.31M-3.71M
Net Interest Income+-147.02K-108.97K-212.02K-213.89K-331.69K-243.53K
Interest Income000000
Interest Expense147.02K108.97K212.02K213.89K331.69K243.53K
Other Income/Expense-92.26K-17.19K14.45K-223.4K494.45K-1.39M
Pretax Income+4.59M311.7K1.97M-1.76M-5.64M-3.95M
Pretax Margin %0.3%0.02%0.13%-0.16%-0.92%-0.39%
Income Tax+1.08M256.78K659.86K354.53K136.84K18.62K
Effective Tax Rate %0.73%0.13%1.01%1.21%1.03%0.94%
Net Income+3.37M42.01K1.98M-2.14M-5.79M-3.71M
Net Margin %0.22%0%0.13%-0.2%-0.94%-0.36%
Net Income Growth %--0.99%46.1%-2.08%-1.7%0.36%
Net Income (Continuing)3.51M01.31M-2.12M-5.78M-3.97M
Discontinued Operations0200.49K855.04K000
Minority Interest-257.73K-257.11K-86.55K-59.26K-51.73K-306.17K
EPS (Diluted)+1.620.031.14-1.48-3.08-1.87
EPS Growth %--0.98%34.29%-2.3%-1.08%0.39%
EPS (Basic)1.620.031.14-1.48-3.08-1.87
Diluted Shares Outstanding2.08M1.3M1.3M1.44M1.88M1.98M
Basic Shares Outstanding2.08M1.3M1.3M1.44M1.88M1.98M
Dividend Payout Ratio------

Balance Sheet

Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024
Total Current Assets+4.08M5.14M5.53M22.12M12.05M10.35M
Cash & Short-Term Investments3.11M3.21M1.19M20.35M6.55M839.62K
Cash Only3.11M3.21M1.19M20.35M6.55M839.62K
Short-Term Investments000000
Accounts Receivable0161.54K1.37M745.88K477.94K614.35K
Days Sales Outstanding-4.2233.3725.1728.3422.07
Inventory0000153.85K375.88K
Days Inventory Outstanding----12.8717.6
Other Current Assets967.86K1.77M0947.24K4.68M3.01M
Total Non-Current Assets+10.05M12.31M1.11M1.32M7.39M6.73M
Property, Plant & Equipment2.81M5.41M374.62K344.03K1.67M914.13K
Fixed Asset Turnover5.40x2.58x40.11x31.44x3.68x11.11x
Goodwill000000
Intangible Assets7.17M6.36M0000
Long-Term Investments-7.17M-11.08M005.25M4.62M
Other Non-Current Assets7.17M11.48M732.66K978.87K473.39K1.2M
Total Assets+14.12M17.45M6.64M23.44M19.45M17.08M
Asset Turnover1.07x0.80x2.26x0.46x0.32x0.59x
Asset Growth %-0.24%-0.62%2.53%-0.17%-0.12%
Total Current Liabilities+15.34M19M12.58M12.57M10.82M13.57M
Accounts Payable836.77K48.8K210.78K665.4K974.31K1.41M
Days Payables Outstanding43.322.3212.3940.4681.5165.94
Short-Term Debt1.88M2.61M1.38M1.23M48.78K2.02M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K
Other Current Liabilities108.8K4.88M1.85M1.93M1.85M168.32K
Current Ratio0.27x0.27x0.44x1.76x1.11x0.76x
Quick Ratio0.27x0.27x0.44x1.76x1.10x0.74x
Cash Conversion Cycle-----40.3-26.27
Total Non-Current Liabilities+5.86M5.81M1.7M2.14M4.26M3.1M
Long-Term Debt4.85M4.66M1.03M2.14M3.31M1.84M
Capital Lease Obligations0000882.62K409.7K
Deferred Tax Liabilities000000
Other Non-Current Liabilities1.01M1.15M672.56K063.69K854.27K
Total Liabilities21.2M24.82M14.28M14.71M15.07M16.67M
Total Debt+6.72M7.28M2.41M3.37M4.79M4.51M
Net Debt3.61M4.07M1.21M-16.98M-1.76M3.67M
Debt / Equity---0.39x1.10x10.96x
Debt / EBITDA1.29x4.17x1.15x---
Net Debt / EBITDA0.69x2.33x0.58x---
Interest Coverage31.85x15.23x9.21x-7.20x-18.50x-10.52x
Total Equity+-7.08M-7.37M-7.64M8.73M4.38M411.37K
Equity Growth %--0.04%-0.04%2.14%-0.5%-0.91%
Book Value per Share-3.41-5.67-5.886.052.330.21
Total Shareholders' Equity-6.82M-7.12M-7.55M8.79M4.43M717.54K
Common Stock6.5K6.5K6.5K9.18K9.54K9.9K
Retained Earnings-8.22M-8.52M-6.76M-9.01M-14.84M-18.54M
Treasury Stock000000
Accumulated OCI-259.2K-248.95K-819.28K146.41K-213.99K-201.36K
Minority Interest-257.73K-257.11K-86.55K-59.26K-51.73K-306.17K

Cash Flow

Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024
Cash from Operations+6.81M1.17M31.89K910.25K-7.94M-4.9M
Operating CF Margin %0.45%0.08%0%0.08%-1.29%-0.48%
Operating CF Growth %--0.83%-0.97%27.54%-9.73%0.38%
Net Income3.51M54.92K1.31M-2.12M-5.79M-3.97M
Depreciation & Amortization536.15K609.55K143.56K169.81K476.25K479.5K
Stock-Based Compensation00001.82M0
Deferred Taxes335.29K-63.62K21.63K000
Other Non-Cash Items3.57K823.58K920.45K171.72K202.66K1.14M
Working Capital Changes2.42M-255.76K-2.36M2.69M-4.66M-2.55M
Change in Receivables0-156.82K-498.36K236.33K226.41K-128.53K
Change in Inventory0156.82K498.36K0-159.15K-334.46K
Change in Payables188.38K-786.64K158.11K514.57K336.76K385.25K
Cash from Investing+-592.55K-1.58M-212.62K-174.07K-5.72M-1.97M
Capital Expenditures-592.55K-1.69M-91.14K-174.07K-248.96K-133.15K
CapEx % of Revenue0.04%0.12%0.01%0.02%0.04%0.01%
Acquisitions------
Investments------
Other Investing0114.16K-121.47K0-28.36K-113.39K
Cash from Financing+-4.04M360.55K-2M18.63M246.8K1.12M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid000000
Share Repurchases------
Other Financing-5.09M555.35K-2.52M-922.74K166.84K767.63K
Net Change in Cash------
Free Cash Flow+6.21M-525.73K-59.25K736.18K-8.22M-5.03M
FCF Margin %0.41%-0.04%-0%0.07%-1.34%-0.5%
FCF Growth %--1.08%0.89%13.42%-12.16%0.39%
FCF per Share2.99-0.40-0.050.51-4.37-2.54
FCF Conversion (FCF/Net Income)2.02x27.82x0.02x-0.43x1.37x1.32x
Interest Paid129.31K113.73K139.28K215.62K352.84K273.07K
Taxes Paid2.49K1.45K10.44K1472.56K7.81K

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)----391.59%-88.28%-154.82%
Return on Invested Capital (ROIC)-----175.96%-57.42%
Gross Margin53.51%44.9%58.67%44.49%29.12%23.26%
Net Margin22.19%0.3%13.17%-19.78%-94%-36.48%
Debt / Equity---0.39x1.10x10.96x
Interest Coverage31.85x15.23x9.21x-7.20x-18.50x-10.52x
FCF Conversion2.02x27.82x0.02x-0.43x1.37x1.32x
Revenue Growth--7.95%7.65%-28.03%-43.08%65.04%

Frequently Asked Questions

Growth & Financials

Golden Sun Education Group Limited (GSUN) reported $29.4M in revenue for fiscal year 2024. This represents a 94% increase from $15.2M in 2019.

Golden Sun Education Group Limited (GSUN) grew revenue by 65.0% over the past year. This is strong growth.

Golden Sun Education Group Limited (GSUN) reported a net loss of $10.6M for fiscal year 2024.

Dividend & Returns

Golden Sun Education Group Limited (GSUN) has a return on equity (ROE) of -154.8%. Negative ROE indicates the company is unprofitable.

Golden Sun Education Group Limited (GSUN) had negative free cash flow of $20.0M in fiscal year 2024, likely due to heavy capital investments.

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