轻工纺服数据周度跟踪24W5：教育板块增长亮眼需求确定性强

中信建投证券股...02-04

核心要点新东方、好未来、学大教育等头部教培公司最新财报表现亮眼，且正处于利润率边际改善的上行通道中。我们认为教育板块未来高景气有望延续、业绩增长确定性强，主要逻辑在于：1）教育刚需下有望延续高成长性：教育板块刚需依旧（教培、考公考编需求高增），龙头公司合规展业并开始提速扩张（新东方网点扩张增速由15%-20%上调至20%）；2）供给侧收缩下利润率有望持续优化提升：受益于供给出清、销售费用率有望下降...

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轻工纺服数据周度跟踪24W5：教育板块增长亮眼 需求确定性强

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轻工纺服数据周度跟踪24W5：教育板块增长亮眼需求确定性强