initial public offerings (IPOs) trading on American exchanges

Friday, May 19, 2017

Bright Scholar Education (BEDU) began trading on the NYSE on 18 May 2017

  • Founded in 1994, the Chinese K-12 education company consists of more than 6,000 employees and operates 51 schools as of February 28, 2017. Headquartered in Foshan, China, Bright Scholar operates 34 kindergartens, 11 bilingual schools and six international schools in seven provinces. The company also runs 16 learning centers in Foshan, Shenzhen, Shanghai and Beijing, China. In the first half of the 2017 school year, the company indicated an average of 29,230 total students enrolled at its institutions.
  • The company's mission is to deliver world-class education to students in China and across the globe and to prepare students for education overseas. As of September 1, 2016, the company is the largest operator of bilingual and international K-12 schools in China in terms of student enrollment.
  • The company is partly owned by Chinese property tycoon Yeung Kwok-keung's family. Yeung's sister, Ms. Meirong Yang and daughter, Ms. Huiyan Yang, own 92.59% stake in Bright Scholar. Following the completion of the IPO, Ms. Meirong Yang and Ms. Huiyan Yang will own 63.12% and 17.39%, respectively.


Bright Scholar Education Holdings Limited is an operator of international and bilingual K-12 schools in China. The Company is engaged in providing international education to Chinese students. Its schools comprise international schools, bilingual schools and kindergartens. It offers a broad range of internationally-accredited curricula at its international schools. It also offers a range of complementary education services, including overseas camps and after-school programs. As of February 28, 2017, the Company had six international schools, which focus on internationally-accredited curricula and offer extracurricular activities and programs; 11 bilingual schools, which provide government-mandated curricula and developing students’ English proficiency; and 34 bilingual kindergartens, including 11 that deliver international curricula. As of February 28, 2017, the Company operated 51 schools.

Key stats and ratios

Q1 (Feb '17)2016
Net profit margin1.51%0.28%
Operating margin0.84%1.76%
EBITD margin-8.69%
Return on average assets-0.25%
Return on average equity--100.71%


No.1 Beijiao Town, Shunde District
FOSHAN, GNG 528300

No comments:

Post a Comment