Shanghai Gench Education Group Limited reported QQ1 2025 revenue of 267,027,000 CNY, down 0.26% year over year, but up 22.93% quarter over quarter versus Q4 2024. The quarter delivered a robust gross margin of 59.40% (gross profit 158,602,000 CNY) and an EBITDA margin of 48.61% (EBITDA 129,807,250 CNY) with operating income of 104,399,000 CNY and net income of 81,030,500 CNY, implying a net margin of 30.35% and earnings per share (EPS) of 0.21. These metrics reflect a high-margin services mix and disciplined cost management on an asset-light operating model typical of private higher education services. The YoY revenue decline was modest and largely overshadowed by QoQ seasonality, suggesting utilization of campus capacity and student intake gains in the current period.
While top-line growth remains modest on a year-over-year basis, the margin profile improved notably QoQ, aided by a favorable cost structure and stable revenue contribution from core education services. EBITDA and net income demonstrate substantial profitability relative to revenue, underscoring operating leverage within the QQ1 2025 period. Management commentary (not provided in the current data set) would typically address enrollment trends, program mix evolution, capacity utilization, and ongoing cost optimization. In the absence of transcript data, investors should monitor enrollment momentum, program diversification, campus utilization, and any disclosed guidance on expansion plans and capital allocation.