Company Information

  

Address: 18/F, Hesheng Bldg,
32 Zhongguancun Ave, Haidian District 
City: Beijing 
State:  
Zip Code: 100080 
Telephone: 86 (10) 5292-6692 

Description of Business

Primary SIC Code: 8200
(As filed with the SEC)  

We started our operation in 2005 with the establishment of Xueersi Education, a domestic company in China. We then incorporated TAL Education Group to become our offshore holding company under the laws of the Cayman Islands on January 10, 2008, in order to facilitate foreign investment in our company. TAL Education Group established TAL Holdings Limited in Hong Kong in March 2008 as our intermediary holding company. In August 2013, we changed the name of TAL Education Technology (Beijing) Co., Ltd. to Beijing Century TAL Education Technology Co., Ltd. In addition, we changed our umbrella brand from "Xueersi" to "Haoweilai.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
02/20181.03NA36.66
02/20170.02NA786.09
02/20160.20NA42.77
11/20150.25NA29.56
08/20150.25NA20.72
02/20150.17NA29.83
08/20140.16NA36.77
05/20140.11NA34.31

Key Financial Ratios and Statistics

FYE: 02/28

Profitability 2018 Leverage 2018
Net Inc/Comm Equity0.22Total Liab/Total Assets0.47
Net Inc/Total Assets0.06Total Liab/Inv Cap0.75
Net Inc/Inv Cap0.10Total Liab/Comm Equity1.62
Pretax Inc/Net Sales0.14Interest Coverage Ratio15.84
Net Inc/Net Sales0.12Curr Debt/EquityNA
Cash Flow/Net Sales0.40LTD/Equity0.15
SG&A/NetSales0.36Total Debt/Equity0.15
Asset Utilization   Liquidity  
Net Receivables Turnover142.97Quick Ratio1.46
Inventory Turnover218.00Current Ratio1.47
Inventory Day Sales0.46Net Rec/Curr Assets0.01
Net Sales/Work Cap3.24Inv/Curr Assets0.00
Net Sales/PP&E6.94  

Income Statement (Millions)

  2/28/2018 2/28/2017 2/29/2016 2/28/2015
Total Revenues(Net Sales) 1,715.02 1,043.10 619.95 433.97
Cost of Goods Sold 882.32 522.33 303.63 203.07
Selling & Admin Exps 623.74 386.18 231.26 163.65
Operating Income 208.60 134.59 85.05 67.25
Interest Exp 16.64 13.14 7.50 5.81
Pretax Income 246.99 154.58 136.90 77.24
Other Income 55.03 33.13 59.35 15.81
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 198.44 116.88 102.88 67.16

Balance Sheet (Millions)

Assets 2/28/2018 2/28/2017 2/29/2016 2/28/2015
Cash & Short Term Investments 1,505.18 702.41 462.60 471.53
Receivables - Total 18.32 5.67 3.33 7.94
Inventories - Total 5.27 2.82 0.60 0.54
Total Current Assets 1,662.01 871.12 515.86 539.43
Net Property, Plant & Equipment 247.27 154.31 114.63 93.58
Total Assets 3,054.56 1,828.91 1,061.38 772.41
Liabilities        
Accounts Payable 309.11 162.99 102.23 54.92
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 1,133.39 667.14 383.16 232.56
Long-Term Debt 242.42 450.15 227.83 226.06
Total Liabilities 1,433.81 1,184.66 624.40 459.12
Stockholder's Equity        
Minority Interest 19.72 36.62 3.76 0.28
Preferred Stock NA NA NA NA
Common Stock 0.19 0.16 0.16 0.16
Retained Earnings 565.20 417.84 306.38 207.52
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,620.75 644.24 436.98 313.29
Total Liabilities and Stockholders' Equity 3,054.56 1,828.91 1,061.38 772.41

Cash Flow Summary (Millions)

Categories 2/28/2018 2/28/2017 2/29/2016 2/28/2015
Net Cash Provided by Operating Activities 685.29 379.02 197.15 147.58
Net Cash Provided by Investing Activities -840.36 -518.27 -215.35 -145.79
Net Cash Provided by Financing Activities 428.15 178.83 -8.79 201.84

Annual Summary Data (Millions)

Year Sales Net Income EPS
02/2014313.9060.610.13
02/2015433.9767.160.17
02/2016619.95102.880.20
02/20171,043.10116.880.02
02/20181,715.02198.441.03
Growth Rates52.8934.5267.77

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18348297,355--




Report Date : 9/17/2018

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