As for the reason for the collapse, there was no significant bad news. It is only rumored that the income of the third quarter from whom to learn is lower than the market expectation. It is said that the actual income of the third quarter is lower than 2 billion, the market is expected to be 2.12 billion, the sales expenses in the third quarter are 2.0 billion, and the market is expected to be 1.2 billion.
Half a year was short 12 times, the stock price rose 4 times
With whom to learn to go public only more than a year, but short report is not a lot. But who to learn from seems to be a nightmare for many short sellers - the companys share price rises instead of falling.
Since the beginning of this year, the companys share price has been climbing, rising above $140 in August. By the end of Tuesday, the companys share price has quadrupled this year, with a market value of 100 billion yuan.
Those who have been listed for only 16 months have been shorted many times this year, but the stock price has risen four times.
In 2019, the IPO market value was US $2.5 billion, the highest of US $37 billion this year, with an annual increase of 12 times, which can be called the largest demon stock in the past year.
This year, it has been shorted 12 times by five institutions. First, the bear shorting agency single, and then became a grizzly bear, citron, Scorpio, muddy water and other well-known short agencies collective hunting.
The more short, the higher the share price. Its hard for bears.
The first time I met this kind of IR, Ill wait for you in SEC! Short agency citron company responded.
On September 2, we released the financial report for the second quarter of 2020 with who Xue, realizing a revenue of 1.65 billion yuan, a year-on-year increase of 366.6%, and a net profit of 18.6 million yuan, a year-on-year increase of 13.4%. However, the companys operating profit was 161 million yuan, which was 16.2 million yuan in the same period last year, with a significant decline.
According to the second quarter financial report, the number of people paying for courses with positive prices reached 1.567 million, an increase of 332% year-on-year. Among them, the number of paid K12 courses reached 1.496 million, a year-on-year increase of 366.0%, and the number of students who received new customers and continued classes increased significantly.
According to media reports, the number of students with whom to study has increased dramatically, but their popularity does not match. He asked many parents in the first, second and third tier cities, but none of them had heard of this educational institution.
Hunshui said that its conclusion was based on who to learn from their users and attendance data files (rather than arbitrary grabbing data). The data was downloaded from more than 200 paid K-12 courses, covering 54065 independent users. Another pre-school manager confirmed the analysis and explained the details of BOT (robot operation) with whom.