T. H. Data Flash - Chinese TAL Education Group – FY1Q18: High Growth of Course Offerings and Attendees to Drive Strong FY1Q18; Maintain BUY and Raise PT
Data in this report is extracted from public resources and processed with our proprietary methodology.
Significant increase in course offerings and fully registered courses in FY1Q18 - According to our proprietary data for FY1Q18, the number of total courses offered increased 103% Y/Y to 104,598. Along with that, fully registered courses at 60,950 increased 81% Y/Y in FY1Q18 (Figure 1). The fully registered courses as a % of total courses increased to 67% in FY1Q18 from 75% in FY1Q17.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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