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Ambow Education Holding Ltd. (AMBO) 10-Year Financial Performance & Capital Metrics

AMBO • • Industrial / General
Consumer DefensiveEducation & TrainingK-12 Education ServicesAfter-School Tutoring & Test Prep
AboutAmbow Education Holding Ltd. provides a range of educational and career enhancement services and products to students, recent graduates, and corporate employees and management professionals in the People's Republic of China. The company operates through two segments, K-12 Schools and CP&CE Programs. The K-12 Schools segment provides educational services covering K-12 programs and tutoring services; and international education programs. The CP&CE Programs segment operates tutoring centers that provide classroom instruction, small class, and one-on-one tutoring services for students to perform better in school and prepare for important tests, primarily high school and university entrance exams; and educational curriculum through its web-based applications. This segment also offers educational software products include eBoPo, which offers full subjects, online practice tests, and instructions for K-12 level students; career enhancement services and products focusing on improving educational opportunities for primary and advanced degree school students, and employment opportunities for university graduates; and outbound and in-house management trainings for corporate clients. In addition, this segment provides students with training for professional skills, such as case studies, job environment simulation, and technical skills; soft skills, including time management, presentation, leadership, and interview techniques; and intellectualized operational services to corporate clients, colleges, and universities. As of December 31, 2021, the company had 18 centers and schools comprising 5 tutoring centers, 2 K-12 schools, 3 career enhancement centers, and 8 training offices. The company was founded in 2000 and is headquartered in Beijing, the People's Republic of China.Show more
  • Revenue $69M +5.4%
  • EBITDA -$5M +83.1%
  • Net Income $2M +110.0%
  • EPS (Diluted) 15.80 +109.3%
  • Gross Margin 53.1% +95.1%
  • EBITDA Margin -7.52% +83.9%
  • Operating Margin -7.69% +83.6%
  • Net Margin 3.29% +109.5%
  • ROE 34.26% +110.9%
  • ROIC -29.47% +81.6%
  • Debt/Equity 1.31 -21.7%
  • Interest Coverage -83.65 +84.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Trading at only 0.1x book value
  • ✓Efficient asset utilization: 3.9x turnover

✗Weaknesses

  • ✗Weak momentum: RS Rating 17 (bottom 17%)
  • ✗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-
3Y-15.4%
TTM102.75%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-8.94%
TTM94.73%

EPS CAGR

10Y-
5Y-
3Y-
TTM90.53%

ROCE

10Y Avg-131.12%
5Y Avg-131.12%
3Y Avg-160.7%
Latest-49.48%

Peer Comparison

After-School Tutoring & Test Prep
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Valuation
Per Share
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Profitability
Quality & Returns
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TALTAL Education Group5.3B11.4982.0750.98%6.45%4.98%5.39%0.09
EDUNew Oriental Education & Technology Group Inc.8.87B55.7324.2313.6%7.59%9.4%7.19%0.20
FEDUFour Seasons Education (Cayman) Inc.27.28M12.073.18100.15%0.32%0.16%0.19
AMBOAmbow Education Holding Ltd.7.13M2.720.175.4%-26.05%-241.15%6.1%1.31
AACGATA Creativity Global32.41M1.02-0.4420.96%-3.03%-14.43%0.44
GOTUGaotu Techedu Inc.318.35M2.41-0.8755.99%-6.4%-26.51%25.06%0.25

Profit & Loss

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+120.17M113.22M102.35M65.04M68.55M
Revenue Growth %--0.06%-0.1%-0.36%0.05%
Cost of Goods Sold+105.52M97.82M100.39M47.34M32.15M
COGS % of Revenue0.88%0.86%0.98%0.73%0.47%
Gross Profit+14.65M15.4M1.96M17.7M36.4M
Gross Margin %0.12%0.14%0.02%0.27%0.53%
Gross Profit Growth %-0.05%-0.87%8.04%1.06%
Operating Expenses+65.89M70.25M67.4M48.26M41.67M
OpEx % of Revenue0.55%0.62%0.66%0.74%0.61%
Selling, General & Admin59.29M70.25M62.87M44.82M38.47M
SG&A % of Revenue0.49%0.62%0.61%0.69%0.56%
Research & Development0003.44M3.2M
R&D % of Revenue---0.05%0.05%
Other Operating Expenses6.6M04.53M00
Operating Income+-51.23M-54.86M-65.44M-30.56M-5.27M
Operating Margin %-0.43%-0.48%-0.64%-0.47%-0.08%
Operating Income Growth %--0.07%-0.19%0.53%0.83%
EBITDA+-47.02M-52.45M-63.88M-30.43M-5.15M
EBITDA Margin %-0.39%-0.46%-0.62%-0.47%-0.08%
EBITDA Growth %--0.12%-0.22%0.52%0.83%
D&A (Non-Cash Add-back)4.22M2.4M1.56M127.76K116.78K
EBIT-44.63M-54.86M-60.91M-30.56M-5.27M
Net Interest Income+144.64K238K-101K-57K-63K
Interest Income1.45M1.41M000
Interest Expense1.31M1.17M101K57K63K
Other Income/Expense39.92M9.14M1.63M8.12M1.4M
Pretax Income+-11.32M-45.72M-63.81M-22.44M-3.87M
Pretax Margin %-0.09%-0.4%-0.62%-0.34%-0.06%
Income Tax+-3.64M-3.21M099.37K-6.12M
Effective Tax Rate %5.54%-0.07%1.52%1%-0.58%
Net Income+-62.71M2.99M-97.06M-22.54M2.26M
Net Margin %-0.52%0.03%-0.95%-0.35%0.03%
Net Income Growth %-1.05%-33.5%0.77%1.1%
Net Income (Continuing)-7.67M-42.51M-63.81M-22.54M2.26M
Discontinued Operations00-5.06M00
Minority Interest-301.23K76.09K000
EPS (Diluted)+-69.20-364.40-524.20-170.4015.80
EPS Growth %--4.27%-0.44%0.67%1.09%
EPS (Basic)-69.20-364.40-516.00-160.0015.80
Diluted Shares Outstanding110.93K116.64K123.64K140.83K142.82K
Basic Shares Outstanding906.53K8.2K185.17K132.29K143.06K
Dividend Payout Ratio-----

Balance Sheet

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+64.92M59.63M15.82M12.51M11.64M
Cash & Short-Term Investments43.11M26.8M3.31M4.83M1.12M
Cash Only18.19M26.8M3.31M4.83M1.12M
Short-Term Investments24.93M0000
Accounts Receivable24M2.38M8.05M2.29M2.97M
Days Sales Outstanding72.887.6628.712.8315.79
Inventory00000
Days Inventory Outstanding-----
Other Current Assets-5.23M30.35M4.37M5.24M7.33M
Total Non-Current Assets+95.75M92.57M9.69M8.05M5.73M
Property, Plant & Equipment60.91M23.44M7.18M4.9M3.92M
Fixed Asset Turnover1.97x4.83x14.25x13.27x17.48x
Goodwill3.94M0000
Intangible Assets8.65M1.22M537K522K1.32M
Long-Term Investments1.74M000279K
Other Non-Current Assets19.55M67.88M1.97M2.63M207K
Total Assets+160.67M152.2M25.52M20.57M17.37M
Asset Turnover0.75x0.74x4.01x3.16x3.95x
Asset Growth %--0.05%-0.83%-0.19%-0.16%
Total Current Liabilities+98.51M93.92M11.9M9.79M6.85M
Accounts Payable2.97M2.85M2.39M1.39M749K
Days Payables Outstanding10.2810.628.710.698.5
Short-Term Debt1.53M916.36K3.74M3.94M2.7M
Deferred Revenue (Current)1000K856.75K764K544K436K
Other Current Liabilities666.13K82.71M172K21K10K
Current Ratio0.66x0.63x1.33x1.28x1.70x
Quick Ratio0.66x0.63x1.33x1.28x1.70x
Cash Conversion Cycle-----
Total Non-Current Liabilities+40.56M35.27M5.74M4.35M3.79M
Long-Term Debt1.47M0000
Capital Lease Obligations33.72M19.42M5.74M4.35M3.79M
Deferred Tax Liabilities00000
Other Non-Current Liabilities5.37M15.85M33.61M00
Total Liabilities139.07M129.19M17.65M14.14M10.63M
Total Debt+44.94M24.67M11.7M10.77M8.84M
Net Debt26.75M20.47M8.39M5.94M7.72M
Debt / Equity2.08x1.07x1.49x1.68x1.31x
Debt / EBITDA-----
Net Debt / EBITDA-----
Interest Coverage-39.11x-46.93x-647.91x-536.07x-83.65x
Total Equity+21.61M23.01M7.87M6.43M6.74M
Equity Growth %-0.07%-0.66%-0.18%0.05%
Book Value per Share194.77197.3063.6345.6447.17
Total Shareholders' Equity21.91M22.94M7.87M6.43M6.74M
Common Stock135.31K138.84K144K159K159K
Retained Earnings-523.34M-535.88M-507.46M-510.63M-510.32M
Treasury Stock00000
Accumulated OCI2.5M2.37M0-128K-128K
Minority Interest-301.23K76.09K000

Cash Flow

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+736.53K-2.5M-9.25M-290K1.64M
Operating CF Margin %0.01%-0.02%-0.09%-0%0.02%
Operating CF Growth %--4.39%-2.7%0.97%6.64%
Net Income-1.17M-6.69M-9.25M-3.17M309K
Depreciation & Amortization3.79M3.77M3.75M2.09M2.19M
Stock-Based Compensation144.95K139K1.08M00
Deferred Taxes-905.82K-542K000
Other Non-Cash Items994.44K-54K-3.38M656K-90K
Working Capital Changes-2.12M879K-1.45M135K-774K
Change in Receivables-112.96K-1.63M-415K-1.38M-171K
Change in Inventory00000
Change in Payables423.52K1.48M-237K-1.01M-637K
Cash from Investing+-15.08M16.82M-19.49M0-2.01M
Capital Expenditures-38.72K-3.06M00-1.2M
CapEx % of Revenue0%0.03%--0.02%
Acquisitions-----
Investments-----
Other Investing-9.32M-1.8M-19.49M0-810K
Cash from Financing+8.44M916K5.05M2.8M-1.24M
Debt Issued (Net)-----
Equity Issued (Net)-----
Dividends Paid00000
Share Repurchases-----
Other Financing1.53M1.53M2.04M00
Net Change in Cash-----
Free Cash Flow+697.81K-15.88M-9.25M-290K435K
FCF Margin %0.01%-0.14%-0.09%-0%0.01%
FCF Growth %--23.76%0.42%0.97%2.5%
FCF per Share6.29-136.16-74.79-2.063.05
FCF Conversion (FCF/Net Income)-0.01x-0.84x0.10x0.01x0.72x
Interest Paid001K1.16M1.25M
Taxes Paid406.69K0027K5K

Key Ratios

Metric20202021202220232024
Return on Equity (ROE)-290.26%13.39%-628.65%-315.29%34.26%
Return on Invested Capital (ROIC)-79.46%-118.84%-264.31%-160.12%-29.47%
Gross Margin12.19%13.6%1.91%27.22%53.1%
Net Margin-52.18%2.64%-94.83%-34.65%3.29%
Debt / Equity2.08x1.07x1.49x1.68x1.31x
Interest Coverage-39.11x-46.93x-647.91x-536.07x-83.65x
FCF Conversion-0.01x-0.84x0.10x0.01x0.72x
Revenue Growth--5.79%-9.6%-36.46%5.4%

Revenue by Segment

201920202021
Educational programs and services--828.36M
Educational programs and services Growth---
Intelligent program and services--8.07M
Intelligent program and services Growth---
Service966.34M905.3M-
Service Growth--6.32%-
Product And Service Other6.46M14.17M-
Product And Service Other Growth-119.31%-

Revenue by Geography

201920202021
PRC--383.34M
PRC Growth---
U.S.--113.53M
U.S. Growth---
Peoples Republic Of China503.18M411.81M-
Peoples Republic Of China Growth--18.16%-

Frequently Asked Questions

Valuation & Price

Ambow Education Holding Ltd. (AMBO) has a price-to-earnings (P/E) ratio of 0.2x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Ambow Education Holding Ltd. (AMBO) reported $59.5M in revenue for fiscal year 2024. This represents a 50% decrease from $120.2M in 2020.

Ambow Education Holding Ltd. (AMBO) grew revenue by 5.4% over the past year. This is steady growth.

Ambow Education Holding Ltd. (AMBO) reported a net loss of $15.5M for fiscal year 2024.

Dividend & Returns

Ambow Education Holding Ltd. (AMBO) has a return on equity (ROE) of 34.3%. This is excellent, indicating efficient use of shareholder capital.

Ambow Education Holding Ltd. (AMBO) had negative free cash flow of $11.1M in fiscal year 2024, likely due to heavy capital investments.

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