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《公司專訪》中教控股(00839.HK):維持目前併購步伐 料「民促法」落地後消除行業不明朗性
阿思達克 05-10 09:24
中教控股(00839.HK)首席財務官莫貴標接受本通訊社專訪時表示,集團內生增長目標保持每年15%,未來三至五年每年學生人數和學費分別增長10%和5%

莫貴標指,未來會維持每年併購兩至三間學校,現時有77個項目儲備,當中7個已展開深入討論,包括6間本科及1間專科學校,學生人數約1萬至2萬人。集團有足夠現金流應付未來兩至三年併購活動,若有融資需要未來亦會考慮發債,規模約2億至3億美元。

不過集團暫時未有併購職業學校計劃。莫貴標指,旗下三間技師及職業學校包括廣州白雲技師學院、鄭州城軌學校和西安鐵道技師學院,每間學生規模都有2萬人以上。而市場上的職業學校規模大部分較小,學生人數只有數千人,因此集團現階段併購層面上會專注拓展本科和專科學校,例如去年收購的海口經濟學院,單是在校生人數就有2萬多人。

至於海外學校發展策略就有所不同。他表示,現時海外學校學生規模約一千多至兩千人,未來目標並不是要增加學生人數至數萬個,而是期望透過海外學校發展國內學校的國際課程。對於近年中國和美國及澳洲的政治問題會否影響留學課程。他指,由於國內實行2+2或3+1制度,國際課程首兩至三年都在國內完成,即使情況進一步惡化,亦會提供遙距學習的替代方案,因此造成的影響可控。

莫貴標提到,今年是集團資本開支高峰期,達30億元,隨著廣東白雲學院新校區兩期建設工程已完成,只餘下廣州大學松田學院新校區第二期工程,相信明年支出將會下降。

對於市場預計《民辦教育促進法實施條例》即將正式落地。他指,雖然民促法對高教學校影響不大,但過去市場始終存有戒心,相信民促法推出後,內地教育政策會有更清晰的發展路徑,消除行業不明朗性。

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