Stocks · Consumer discretionary · Services-Educational Services

Four Seasons Education (Cayman) Inc.

FEDU Clue Score69
China Fiscal year ends February CIK 0001709819
$9.83 -12.14% Close, 12 Oct 2026
Price $9.83 +827.36% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 7 Nov 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue203.2Operating income63.2Net income17.7EPS, diluted0.94Fiscal year 2018Revenue300.5 +47.9%Operating income61.6Net income44.4 +151.2%EPS, diluted1.98 +110.6%Fiscal year 2019Revenue335.6 +11.7%Operating income1.1Net income−0.6 −101.4%EPS, diluted−0.02 −101.0%Fiscal year 2020Revenue389.0 +15.9%Operating income−131.0Net income−109.5EPS, diluted−4.63Fiscal year 2021Revenue280.3 −28.0%Operating income−36.5Net income−28.2EPS, diluted−1.22Fiscal year 2022Revenue250.2 −10.7%Operating income−66.2Net income−113.5EPS, diluted−5.04Fiscal year 2023Revenue34.2 −86.3%Operating income−35.7Net income−29.7EPS, diluted−1.40Fiscal year 2024Revenue125.4 +266.6%Operating income−9.3Net income5.0EPS, diluted0.21Fiscal year 2025Revenue251.1 +100.1%Operating income−15.7Net income0.8 −83.9%EPS, diluted0.04 −81.0%Fiscal year 2026Revenue254.4 +1.3%Operating income6.7Net income30.8 +3,743.6%EPS, diluted1.34 +3,250.0%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 203.2 300.5 335.6 389.0 280.3 250.2 34.2 125.4 251.1 254.4
Growth +47.9% +11.7% +15.9% −28.0% −10.7% −86.3% +266.6% +100.1% +1.3%
Operating income 63.2 61.6 1.1 −131.0 −36.5 −66.2 −35.7 −9.3 −15.7 6.7
Net income 17.7 44.4 −0.6 −109.5 −28.2 −113.5 −29.7 5.0 0.8 30.8
Growth +151.2% −101.4% −83.9% +3,743.6%
EPS, diluted 0.94 1.98 −0.02 −4.63 −1.22 −5.04 −1.40 0.21 0.04 1.34
Growth +110.6% −101.0% −81.0% +3,250.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin58.0%Operating margin31.1%Net margin8.7%Free cash flow margin55.5%Fiscal year 2018Gross margin63.6%Operating margin20.5%Net margin14.8%Free cash flow margin24.2%Fiscal year 2019Gross margin48.8%Operating margin0.3%Net margin−0.2%Free cash flow margin10.5%Fiscal year 2020Gross margin48.4%Operating margin−33.7%Net margin−28.1%Free cash flow margin18.8%Fiscal year 2021Gross margin39.8%Operating margin−13.0%Net margin−10.1%Free cash flow margin7.4%Fiscal year 2022Gross margin40.2%Operating margin−26.5%Net margin−45.3%Free cash flow margin−40.4%Fiscal year 2023Gross margin41.8%Operating margin−104.2%Net margin−86.7%Free cash flow margin−99.8%Fiscal year 2024Gross margin36.3%Operating margin−7.4%Net margin4.0%Free cash flow margin−31.9%Fiscal year 2025Gross margin18.8%Operating margin−6.3%Net margin0.3%Free cash flow margin−14.8%Fiscal year 2026Gross margin25.8%Operating margin2.6%Net margin12.1%Free cash flow margin9.3%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 58.0% 63.6% 48.8% 48.4% 39.8% 40.2% 41.8% 36.3% 18.8% 25.8%
Operating margin 31.1% 20.5% 0.3% −33.7% −13.0% −26.5% −104.2% −7.4% −6.3% 2.6%
Net margin 8.7% 14.8% −0.2% −28.1% −10.1% −45.3% −86.7% 4.0% 0.3% 12.1%
Free cash flow margin 55.5% 24.2% 10.5% 18.8% 7.4% −40.4% −99.8% −31.9% −14.8% 9.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow119.5Capital expenditure−6.7Free cash flow112.8Fiscal year 2018Operating cash flow96.0Capital expenditure−23.1Free cash flow72.9 −35.4%Dividends paid−122.1Fiscal year 2019Operating cash flow53.1Capital expenditure−17.9Free cash flow35.3 −51.6%Dividends paid−3.7Fiscal year 2020Operating cash flow82.2Capital expenditure−9.2Free cash flow73.0 +107.0%Fiscal year 2021Operating cash flow31.1Capital expenditure−10.4Free cash flow20.7 −71.7%Fiscal year 2022Operating cash flow−91.3Capital expenditure−9.9Free cash flow−101.2 −589.3%Fiscal year 2023Operating cash flow−25.5Capital expenditure−8.7Free cash flow−34.2Fiscal year 2024Operating cash flow16.6Capital expenditure−56.6Free cash flow−40.1Fiscal year 2025Operating cash flow20.0Capital expenditure−57.3Free cash flow−37.2Dividends paid−34.9Fiscal year 2026Operating cash flow30.0Capital expenditure−6.3Free cash flow23.8
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 119.5 96.0 53.1 82.2 31.1 −91.3 −25.5 16.6 20.0 30.0
Capital expenditure −6.7 −23.1 −17.9 −9.2 −10.4 −9.9 −8.7 −56.6 −57.3 −6.3
Free cash flow 112.8 72.9 35.3 73.0 20.7 −101.2 −34.2 −40.1 −37.2 23.8
Growth −35.4% −51.6% +107.0% −71.7% −589.3%
Dividends paid n/a −122.1 −3.7 n/a n/a n/a n/a n/a −34.9 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash231.0Shareholders’ equity1.9Fiscal year 2018Cash583.3Shareholders’ equity651.5Fiscal year 2019Cash439.6Shareholders’ equity712.7Fiscal year 2020Cash404.7Shareholders’ equity630.8Fiscal year 2021Cash378.4Shareholders’ equity588.7Fiscal year 2022Cash262.4Shareholders’ equity445.9Fiscal year 2023Cash175.7Shareholders’ equity457.7Fiscal year 2024Cash180.2Total debt40.0Net cash (debt)140.2Shareholders’ equity475.0Debt to equity0.08Fiscal year 2025Cash210.8Total debt82.1Net cash (debt)128.6Shareholders’ equity454.6Debt to equity0.18Fiscal year 2026Cash136.2Total debt90.0Net cash (debt)46.2Shareholders’ equity473.6Debt to equity0.19
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 231.0 583.3 439.6 404.7 378.4 262.4 175.7 180.2 210.8 136.2
Total debt n/a n/a n/a n/a n/a n/a n/a 40.0 82.1 90.0
Net cash (debt) n/a n/a n/a n/a n/a n/a n/a 140.2 128.6 46.2
Shareholders’ equity 1.9 651.5 712.7 630.8 588.7 445.9 457.7 475.0 454.6 473.6
Debt to equity n/a n/a n/a n/a n/a n/a n/a 0.08 0.18 0.19

In millions of CNY, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Income statement

In millions of CNY, except per-share figures; shares in millions. Fiscal years ending February, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 28 Feb 2017 FY2018 28 Feb 2018 FY2019 28 Feb 2019 FY2020 29 Feb 2020 FY2021 28 Feb 2021 FY2022 28 Feb 2022 FY2023 28 Feb 2023 FY2024 29 Feb 2024 FY2025 28 Feb 2025 FY2026 28 Feb 2026
Revenue and profit
203.2 300.5 335.6 389.0 280.3 250.2 34.2 125.4 251.1 254.4
Growth +47.9% +11.7% +15.9% −28.0% −10.7% −86.3% +266.6% +100.1% +1.3%
85.3 109.4 171.8 200.9 168.8 149.6 19.9 80.0 203.9 188.8
117.8 191.1 163.8 188.1 111.5 100.6 14.3 45.5 47.1 65.7
Growth +62.2% −14.3% +14.8% −40.8% −9.7% −85.8% +218.3% +3.6% +39.3%
42.1 92.9 128.3 138.6 117.0 85.3 45.3 44.3 48.8 48.4
63.2 61.6 1.1 −131.0 −36.5 −66.2 −35.7 −9.3 −15.7 6.7
Growth −2.6% −98.2% −11,675.7%
37.3 68.3 8.7 −105.2 −19.3 −60.1 −32.5 3.9 0.1 29.7
19.8 26.4 10.1 4.2 4.8 21.8 1.0 1.1 0.7 0.6
17.7 44.4 −0.6 −109.5 −28.2 −113.5 −29.7 5.0 0.8 30.8
Growth +151.2% −101.4% −83.9% +3,743.6%
Per share
0.97 2.15 −0.02 −4.63 −1.22 −5.04 −1.40 0.23 0.04 1.36
0.94 1.98 −0.02 −4.63 −1.22 −5.04 −1.40 0.21 0.04 1.34
Growth +110.6% −101.0% −81.0% +3,250.0%
14.0 17.1 24.1 23.7 23.1 22.5 21.2 21.2 21.8 22.6
14.5 18.5 24.1 23.7 23.1 22.5 21.2 23.6 22.1 22.9
Growth +28.0% +29.8% −1.6% −2.3% −2.8% −5.6% +11.2% −6.6% +3.9%

Shown in CNY as filed; the screener converts to dollars.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue shrank 1.9% a year over five years.
  • The share count barely moved in five years.
  • Operating margin is up 15.7 points on five years ago, at 2.6%.
  • A net loss in 5 of 10 years on file.