This one is interesting. ESL is a huge industry in China. From what I've gathered over 4 billy. That isn't likely to slow down any time soon. COE is the only other publicly traded equity in China that I could find (Please let me know if I'm wrong) and that had a similar chart that opened to a downtrend and slowly started growing.
The good new here: Cheap AF, 238% increase in gross billings & 192% increase in student enrollments, doesn't seem to be massively overvalued considering the size of china's ESL market, not a whole lot of competition (correct me if I'm wrong)
the bad: business seemed to be hit hard during the pandemic, revenue, and a lot of other metrics took a hit. Hopefully the next few quarters they will get back on track, and make the investors happy.
Still learning fundamental analysis lol.
What do you think about this stonk?
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not much is going on here. Still feel it's going to move.