Company Analysis

Four Seasons Education (Cayman) Inc. (FEDU)

NYSE: FEDU · Services-Educational Services · Shanghai, CN · filing with the SEC since 2017
Grade5.5
◀ Past 4.1● Present 6.5▶ Future 5.5
1 est.

The grade of Four Seasons Education (Cayman) Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.5/10
◀ Past4.130% of the headline
● Present6.540% of the headline
▶ Future5.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.1/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.9/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2021-06-30.

weight 33% of this tense · 39th percentile among 42 sector filers · read for itself

From the record

Four Seasons Education (Cayman) Inc.'s filings since 2017 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2021-06-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.3/10

What has it actually done, year after year?

+2.5% a year over 10 filed years; profitable in 5 of 10.

weight 45% of this tense · 33rd percentile among 39 sector filers · read for its customers

From the record

Four Seasons Education (Cayman) Inc.'s 10 filed years say what it did: revenue went from CNY 203 million in fiscal 2017 to CNY 254 million in fiscal 2026, up 2.5% a year; it rose in 6 of 9 years; the deepest fall was 91% from fiscal 2020 to fiscal 2023; net income was positive in 5 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span2.5%bottom 32% of its family
  • the share of years revenue rosebottom 41% of its family
  • the share of filed years with a profitbottom 45% of its family
  • the deepest fall from a revenue peak91.2%bottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.1/10

How has it treated the people who own it?

Share count grew 2.6% a year. 52% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 61st percentile among 28 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-02-28, Four Seasons Education (Cayman) Inc.'s diluted share count grew about 2.6% a year, and dividends and buybacks returned about 52% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 44% of its family
  • cash returned against operating cash flowtop 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.5/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.7/10

Is it financially healthy right now?

ROE 6%: 6¢ of profit per shareholder dollar. Leverage 30%: owes 30¢ per asset dollar.

weight 33% of this tense · 47th percentile among 42 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-02-28, Four Seasons Education (Cayman) Inc. earned about 6 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 9 cents per dollar of everything the company owns. Leverage: it owed about 30 cents per dollar of assets, and net share issuance: its share count grew 3.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 23% of its family
  • return on equitybottom 46% of its family
  • gross profit against assetsbottom 22% of its family
  • the share count against the year beforebottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.7/10

How strong is its position in its industry?

top 13% of 41 in its family; net margin 12.1%.

weight 45% of this tense · 87th percentile among 41 sector filers · read for its customers

From the record

Four Seasons Education (Cayman) Inc.'s standing among 41 graded names in its industry family: revenue of CNY 254 million in fiscal 2026 is not ranked by size, since the family reports in another currency; a net margin of 12.1% ranks in the top 26%; revenue growth of 95.2% a year over the last 3 filed years ranks in the top 1% (its annual reports).

What it rests on

  • net margin12.1%top 26% of its family
  • three-year revenue growth95.2%top 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.9/10

What are the people in charge doing?

SI estimate 4.9/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 16 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-16 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 16 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-16 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 16 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Four Seasons Education (Cayman) Inc.'s leadership is put at 4.9 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-16 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 16 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.2/10

How much room does it have to grow?

bottom 42% of 41 in its family for room to expand.

weight 22% of this tense · 42nd percentile among 41 sector filers · read for itself

From the record

Four Seasons Education (Cayman) Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of CNY 136 million against debt of CNY 81 million leaves 7.5% of its assets as net cash, bottom 35% of its family; cash from operations less capital spending is 9.3% of revenue (top 30%); a gross margin of 25.8% (bottom 22%) (its annual report).

What it rests on

  • cash less debt against assets7.5%bottom 35% of its family
  • cash from operations less capital spending against revenue9.3%top 30% of its family
  • gross margin25.8%bottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.6/10

What could actually drive growth from here?

top 44% of 39 in its family for growth drivers.

weight 45% of this tense · 56th percentile among 39 sector filers · read for its customers

From the record

Four Seasons Education (Cayman) Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 95.2% a year over the last three filed years against 2.5% over all 10, speeding up (top 1% of its family); the newest year grew 1.3% (bottom 35%); capital spending grew -10.3% a year (bottom 35%) (its annual reports). Four Seasons Education (Cayman) Inc. reported 2 product lines in fiscal 2026: Revenue From Third Parties at CNY 254 million (100%), Revenue From Related Parties at CNY 14 thousand (0%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+92.6 points a yeartop 1% of its family
  • the newest year's revenue growth1.3%bottom 35% of its family
  • three-year growth of capital spending-10.3%bottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.2/10

Did its newest year beat what its own record pointed to?

top 38% of 36 in its family for expectations against reality.

weight 33% of this tense · 62nd percentile among 36 sector filers · read for its shareholders

From the record

Four Seasons Education (Cayman) Inc.'s newest year against its own record: revenue of CNY 254 million in fiscal 2026 came in 62.6% below the CNY 680 million its prior three years' pace pointed to (bottom 4% of its family); net income of CNY 31 million against a prior three-year average of CNY 8 million (top 4%); a net margin of 12.1% against -27.5% before (top 15%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-62.6%bottom 4% of its family
  • net income against the prior three years' average+486%top 4% of its family
  • net margin against its prior average+39.6 pointstop 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton FEDU · research, not advice