Benzinga  Sep 21  Comment 
TAL Education Group (NYSE: XRS) announced today that it has entered into a definitive agreement to acquire Firstleap Education ("Firstleap"), which provides all-subject tutoring service in English in China to children aged from 2 to 15 years old....
SeekingAlpha  Sep 16  Comment 
SeekingAlpha  Jul 23  Comment 
Benzinga  Jul 8  Comment 
Container Store Group Inc (NYSE: TCS) shares climbed 7.94 percent to $18.89. The volume of Container Store shares traded was 539 percent higher than normal. Container Store reported a narrower-than-expected loss for its first quarter. Eros...
newratings.com  Apr 28  Comment 
BEIJING (dpa-AFX) - TAL Education Group (XRS) reported that its net income attributable to the company for the fourth quarter decreased 17.8% to US$13.7 million, from US$16.7 million in the prior year quarter. Net income per ADS were US$0.17, down...
Benzinga  Apr 14  Comment 
Analysts at Brean Capital initiated coverage on TAL Education Group (NYSE: XRS) with a Buy rating. The target price for TAL Education is set to $40. TAL Education shares have gained 67.07% over the past 52 weeks, while the S&P 500 index has...


TAL Education Group (NYSE:XRS) is the largest Chinese after-school tutoring service by revenue. The company tutors students in grades K-12 in the core academic subjects such as mathematics, English, Chinese, physics, chemistry and biology. The tutoring services are administed through small classes, one-on-one, and online courses with varying fees associated with each. The company operates 109 learning centers and 87 service centers across China, but primarily in Beijing, Shanghai, Shenzhen, Guangzhou, Tianjin, and Wuhan.[1]

The company hopes to take advantage of the rise of China's middle class and the general increased interest in education to foster continued growth. The company has managed to increase its enrollment size from 68K in 2008 to 383K in 2010.[1] In addition, the tutoring market in China is highly fragmented. There is not individual player which makes up more than 1% of the market share. TAL Education hopes to take advantage of this fragmentation by growing without facing any unified competitors.[2]

The company's initial public offering of stock on the NYSE occurred on October 19, 2010. The company offered 12M shares each for $10. This was at the high high end of the initial price range of $8-$10. The IPO raised a total of $120M. The lead underwriters of the deal were Credit Suisse Group (CS) and Morgan Stanley (MS).[3]

TAL Education has been able to grow its revenues over the past 3 years. In 2008, it reported total revenue of $8.9M, and in 2010, it reported $70M in total revenue. The company has been able to increase net income as well. In 2008, its Net Income figure was $1.5M, while in 2010, it reported $14M.[4]


  1. 1.0 1.1 XRS 2010 F-1 Prospectus Summary "Our Business" p.1
  2. XRS 2010 F-1 Prospectus Summary "Market Opportunity" p.2
  3. Renaissance Capital - IPO Home "TAL Education prices IPO at $10, at the high end of the range" 20 Oct 2010
  4. XRS 2010 F-1 Prospectus Summary "Summary Consolidated Financial Data and Operating Data" p.10
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki