| Market Capitalization (Millions $) |
267 |
| Shares
Outstanding (Millions) |
119 |
| Employees |
24,631 |
| Revenues (TTM) (Millions $) |
248 |
| Net Income (TTM) (Millions $) |
-146 |
| Cash Flow (TTM) (Millions $) |
-8 |
| Capital Exp. (TTM) (Millions $) |
6 |
Business Description
Bright Scholar Education Holdings Ltd, founded in 1994, is a leading provider of K-12 education services in China. The company is headquartered in Foshan, Guangdong Province, and has a network of more than 100 schools across China and overseas. Bright Scholar's mission is to cultivate future leaders with a global vision, Chinese heritage and a passion for learning.
Bright Scholar operates a range of schools, from international schools to bilingual schools, boarding schools and specialized schools, to serve different learning needs of students. Its schools offer K-12 education programs that generally include kindergarten, primary school, middle school, and high school education. The company's education system is designed to provide a holistic education, which integrates academic subjects, physical education, art, music and other activities.
In addition to traditional academic programs, Bright Scholar offers various enrichment and extracurricular activities, including sports, music, drama, and other creative activities. The companyes educational philosophy emphasizes the importance of cultivating students' strength, confidence, and ability to communicate effectively.
Bright Scholar has a growing portfolio of international schools in countries including the United States, Canada, Germany, Luxembourg, and the United Kingdom. The company has also established partnerships with leading educational institutions abroad, further expanding its global reach.
Apart from its domestic and international schools, Bright Scholar also provides online education services through its online education platform, 21st Century Education Technology Co., Ltd.
In terms of financial performance, Bright Scholar Education Holdings Ltd has been growing steadily, with a compound annual growth rate of revenue of over 20% from 2015 to 2020. As of December 31, 2020, the company had total assets of RMB 14.57 billion (approximately US$2.23 billion) and a net income of RMB 291 million (approximately US$44.53 million) for the year 2020.
In summary, Bright Scholar Education Holdings Ltd is a leading provider of K-12 education services in China, with a strong commitment to global education and a diversified portfolio of schools and education programs. The company's focus on holistic education and enrichment activities, combined with its financial strength and international presence, positions it well as a leader in the growing education market.
Company Address: No. 1, Country Garden Road Foshan 528300
Company Phone Number: 12-2334-1303 Stock Exchange / Ticker: NYSE BEDU
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1.84%