Logo

BEDU

Bright Scholar Education Holdings Limited

BEDU

Bright Scholar Education Holdings Limited • NYSE
$2.19 ▲ 0.46% (+0.01)
Market Cap $16.24 M
52w High $2.28
52w Low $1.35
Dividend Yield 0%
P/E -0.54
Volume 451
Outstanding Shares 7.42M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $43.843M ▼ $10.818M ▼ $3.204M ▼ 7.308% ▼ $3.96 ▼ $13.945M ▼
Q1-2025 $412.908M ▲ $76.356M ▼ $34.495M ▲ 8.354% ▲ $4.64 ▲ $59.862M ▲
Q4-2024 $107.048M ▼ $763.641M ▲ $-987.863M ▼ -922.822% ▼ $-126.48 ▼ $-70.874M ▼
Q3-2024 $553.976M ▲ $287.044M ▲ $-66.07M ▼ -11.927% ▼ $-8.96 ▼ $64.791M ▲
Q2-2024 $521.446M $144.42M $2.962M 0.568% $0.4 $34.881M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $45.812M ▼ $311.384M ▼ $238.961M ▼ $61.357M ▼
Q1-2025 $435.2M ▼ $2.939B ▼ $2.308B ▼ $529.123M ▲
Q4-2024 $493.377M ▼ $3.045B ▼ $2.439B ▼ $516.811M ▼
Q3-2024 $515.2M ▲ $4.205B ▼ $2.676B ▼ $1.42B ▼
Q2-2024 $504.539M $4.42B $2.805B $1.464B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $0 ▼ $-1.529M ▲ $-340K ▼ $0 ▲ $-1.232M ▲ $-1.529M ▲
Q1-2025 $34.495M ▲ $-5.657M ▼ $3.561M ▲ $-4.442M ▼ $-6.819M ▲ $-5.657M ▼
Q4-2024 $0 ▲ $104.041M ▲ $-128.015M ▼ $-1.201M ▲ $-31.445M ▼ $104.041M ▲
Q3-2024 $-66.07M ▼ $96.249M ▲ $10.713M ▼ $-71.323M ▼ $40.379M ▲ $96.249M ▲
Q2-2024 $2.962M $-49.967M $36.733M $-11.048M $-24.69M $-49.967M

Five-Year Company Overview

Income Statement

Income Statement Bright Scholar’s revenue has been relatively steady over the past few years, with a period of growth followed by a recent step back. The company is still generating healthy gross profit from its schools, which suggests the core educational services retain value. However, operating results remain clearly in the red, and net losses have widened in the most recent year. This points to a business that has not yet found a sustainable cost structure and may still be absorbing restructuring, regulatory, or expansion-related pressures. In short, the top line is holding up reasonably, but profitability is a key weakness and remains unresolved.

Balance Sheet

Balance Sheet The balance sheet has been shrinking, with total assets coming down noticeably from earlier years. Debt has been reduced compared with the past, which is a positive sign of de‑leveraging, but borrowings still sit high relative to the company’s equity. Continued losses have chipped away at shareholder equity, leaving a thinner buffer than before. Cash on hand is modest rather than abundant, meaning the company has some flexibility but not a large safety cushion. Overall, the financial base is leaner and less robust than a few years ago, and continued losses could further strain it.

Cash Flow

Cash Flow Despite the accounting losses, Bright Scholar has managed to keep operating cash flow positive, though at a fairly low level in recent years. Free cash flow has recently turned slightly positive again, helped by tighter control of investment spending and more cautious capital expenditures. This suggests management is prioritizing cash preservation and discipline over aggressive physical expansion. The trade‑off is that cutting back too far on investment could limit future growth potential if it continues for many years. For now, the business appears to be funding itself, but with limited room for major missteps or shocks.

Competitive Edge

Competitive Edge Bright Scholar operates in a premium niche of K‑12 international and bilingual education, where reputation and outcomes matter greatly. It has built a strong brand among Chinese families, backed by a long history of successful placements into top global universities. Its network of schools and surrounding services—such as after‑school programs and overseas study counseling—creates an ecosystem that can keep families engaged for many years. Global school locations add an international dimension and some geographic diversification. On the other hand, the company faces intense competition, a sensitive regulatory backdrop in China, and exposure to demographic and economic trends that can impact demand for private education. The move to go private could give it more strategic flexibility, but will also make its competitive moves less transparent to outside observers.

Innovation and R&D

Innovation and R&D The company’s innovation is less about lab-style R&D and more about how it designs and delivers education. Its core idea is a blended curriculum that combines Western teaching methods with strong Chinese cultural elements, which remains a distinctive proposition. Bright Scholar is experimenting with AI‑driven personalized learning and a hybrid model that mixes online and offline schooling, aiming to widen access and improve learning outcomes. It also invests in teacher training and digital tools for student recruitment and global program management. Looking ahead, management appears focused on expanding internationally, deepening its online and hybrid offerings, and exploring less‑regulated areas like vocational and supplemental education. The key uncertainty is whether these initiatives can be scaled effectively and profitably, especially once the company is private and subject to less external scrutiny.

Summary

Bright Scholar sits at a crossroads. Operationally, it runs a recognized education brand with a differentiated curriculum, strong university placement track record, and a broad set of related services that deepen relationships with students and families. Financially, however, it is still struggling: revenues are fairly stable, but persistent and recently larger losses have eroded its equity base. While cash generation has remained positive and capital spending has been reined in, the margin for error is not wide. The planned privatization marks a major shift: outside stakeholders will see less detail, but the company may gain the freedom to reshape its portfolio, push technology, and pursue global growth without the pressure of quarterly reporting. The main issues to watch conceptually are whether it can restore sustainable profitability, rebuild financial strength, navigate regulation in its core markets, and successfully execute on its technology and international strategies in a more opaque private setting.

NEWS

November 20, 2025 · 5:30 AM UTC

Bright Scholar Sets Record Date for Dissemination of Transaction Statement for "Going Private" Transaction

Read more

October 13, 2025 · 6:30 AM UTC

Bright Scholar Enters into Definitive Agreement for Going-Private Transaction

Read more