China Education Resources Inc V.CHN.H

Alternate Symbol(s): CHNUF

Consumer Defensive Education & Training Services

China Education Resources Inc. is a Canada-based education technology company. The Company provides an education Internet portal with educational content, resources and training programs to users in People’s Republic of China and distributes educational textbooks and materials developed by the Company to bookstores and schools in China. The Company provides online/offline learning, training courses, as well as social media for teachers, students and education professionals. Its product portfolio includes textbooks, teacher training, online portals, customized education solutions, online tutoring and soccer education. The Company’s product portfolio includes the kindergarten to grade 12 (K-12) teacher blog system in China. Its blog site is used by approximately two million teachers, education professionals and students. It has developed approximately 2,000 online teacher training courses and 100,000 K-12 online lesson plans. Its operations span approximately 20 provinces in China.

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China Education Resources Inc > Don't Buy This.

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Comment by Yepnewpapyon Jan 21, 2021 2:56pm

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Post# 32347949

RE:Don't Buy This.

he Q3 of 2020 financial highlights are summarized as follows:

	2020 (USD)	2019 (USD)	Percentage Change
Consolidated Statements of Comprehensive Income Three months ended September 30
Book sales and distribution services	360,034	218,105	65.1%
Online products	719,711	632,108	13.9%

Total revenue	1,079,745	850,213	27.0%
Net income attributable to shareholders of the Company for the three months	(92,642)	(132,274)	30.0%

Nine months ended September 30
Total revenue	5,413,520	6,987,209	-22.5%
Net income attributable to shareholders of the Company for the nine months	373,690	377,443	-1.0%