Jiafa Education, which will not go bankrupt. Jiafa was established in 2002, and entered the education informatization industry in 2004, and has been deeply involved in this industry since 14. From the analysis of main business, Jiafa mainly has two businesses: examination informatization and wisdom education. Enterprise gross profit 15- 20 percentage points higher than the industry average, indicating that the product has market advantages.

First, Jiafa Education won the bid to move two smart sports.

The announcement issued by Jiafa Education (300559) 10 10 on the evening of October 8 showed that the company won the bid for the 202 1 5G smart campus project and the 202 1-2022 smart sports service support project of China Mobile (Chengdu) Information and Communication Technology Co., Ltd. It is reported that, These two winning projects are another cooperation upgrade after the company signed a strategic cooperation with China Mobile (Chengdu) Information and Communication Technology Co., Ltd. In the 200215G Smart Campus Project (Smart Sports), Jiafa Education will provide China Mobile (Chengdu) with related technology development services such as smart sports management platform and sports cloud operation platform, and build a smart sports platform integrating examination, testing, refining and management. In the 20021-2022 smart sports service support project, China Mobile (Chengdu) will purchase all kinds of scenes, software and hardware and services of smart sports from Jiafa Education through the mode of frame purchase+order.

Second, the new way out for the education industry-Jiafa education

The report shows that the revenue in 20 19 was 583 million yuan, an increase of 49.3% compared with 390 million yuan in the same period in 20 18; The net profit was 205 million yuan, an increase of 65.46% compared with 654.38+24 million yuan in 2065.438+2008. The net profit after non-deduction was 203 million yuan, an increase of 65.05438+0% compared with 65.438+0.23 billion yuan in the same period of 20 18. Among them, the most striking thing is its smart education business, including examination teaching, new college entrance examination and smart campus. In 20 19, its income was 65,438+79 million yuan, up by 163.78% year-on-year, accounting for 30.75% of the total income. Coincidentally, recently, a number of A-share smart education service providers have successively released the announcement of Q 1 profit pre-increase in 2020.

It can be seen that Jiafa Education has significantly expanded its business scale during the reporting period, and its performance growth prospects are good. However, during the reporting period, idle funds will be used for cash management, and cash flow such as stock trading has a great impact on its cash flow, so it is necessary to guard against the uncertainty that may be brought about by the sharp tightening of future cash flow.