See more : TLGY Acquisition Corporation (TLGYW) Income Statement Analysis – Financial Results
Complete financial analysis of 17 Education & Technology Group Inc. (YQ) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of 17 Education & Technology Group Inc., a leading company in the Education & Training Services industry within the Consumer Defensive sector.
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17 Education & Technology Group Inc. (YQ)
Industry: Education & Training Services
Sector: Consumer Defensive
Website: https://ucenter.17zuoye.com
About 17 Education & Technology Group Inc.
17 Education & Technology Group Inc., an education technology company, provides education and education technology services in the People's Republic of China. The company also provides educational services comprising membership-based educational content subscriptions to à la carte workbooks, study plans, and associated services. It also offers teaching and learning SaaS solutions, such as education informatization services for education-related government entities, schools, and service providers. 17 Education & Technology Group Inc. was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 170.96M | 531.06M | 2.18B | 1.29B | 406.25M | 310.71M |
| Cost of Revenue | 90.26M | 206.21M | 878.24M | 495.67M | 173.48M | 104.97M |
| Gross Profit | 80.70M | 324.86M | 1.31B | 798.70M | 232.77M | 205.74M |
| Gross Profit Ratio | 47.21% | 61.17% | 59.80% | 61.71% | 57.30% | 66.22% |
| Research & Development | 167.93M | 235.85M | 800.16M | 614.77M | 491.27M | 398.63M |
| General & Administrative | 154.26M | 317.16M | 445.44M | 420.11M | 157.79M | 203.13M |
| Selling & Marketing | 101.26M | -17.00M | 1.41B | 1.10B | 583.82M | 303.49M |
| SG&A | 255.52M | 300.16M | 1.86B | 1.52B | 741.61M | 506.62M |
| Other Expenses | 0.00 | 21.77M | 4.67M | 4.27M | 102.00K | 882.00K |
| Operating Expenses | 423.45M | 536.00M | 2.66B | 2.13B | 1.23B | 905.25M |
| Cost & Expenses | 513.71M | 742.21M | 3.54B | 2.63B | 1.41B | 1.01B |
| Interest Income | 27.81M | 11.35M | 24.57M | 8.42M | 23.83M | 33.98M |
| Interest Expense | 0.00 | 0.00 | 0.00 | 2.93M | 485.00K | 0.00 |
| Depreciation & Amortization | 16.17M | 24.73M | 64.76M | 39.70M | 22.68M | 15.76M |
| EBITDA | -326.58M | -186.42M | -1.29B | -1.29B | -940.59M | -640.31M |
| EBITDA Ratio | -191.02% | -28.87% | -60.56% | -102.09% | -234.71% | -208.84% |
| Operating Income | -342.75M | -211.15M | -1.35B | -1.33B | -1.00B | -699.51M |
| Operating Income Ratio | -200.48% | -39.76% | -61.90% | -103.07% | -246.18% | -225.14% |
| Total Other Income/Expenses | 30.97M | 33.28M | 31.57M | -5.79M | 36.36M | 43.44M |
| Income Before Tax | -311.78M | -177.87M | -1.44B | -1.34B | -963.75M | -656.07M |
| Income Before Tax Ratio | -182.37% | -33.49% | -66.01% | -103.52% | -237.23% | -211.15% |
| Income Tax Expense | 0.00 | -159.00K | -60.08M | -32.51M | 587.00K | 43.44M |
| Net Income | -311.78M | -177.71M | -1.38B | -1.31B | -964.34M | -656.07M |
| Net Income Ratio | -182.37% | -33.46% | -63.26% | -101.01% | -237.38% | -211.15% |
| EPS | -33.99 | -17.67 | -139.85 | -137.57 | -103.64 | -70.51 |
| EPS Diluted | -33.99 | -17.67 | -139.85 | -136.52 | -103.64 | -70.51 |
| Weighted Avg Shares Out | 9.17M | 10.06M | 9.88M | 9.50M | 9.30M | 9.30M |
| Weighted Avg Shares Out (Dil) | 9.17M | 10.06M | 9.88M | 9.58M | 9.30M | 9.30M |
17 Education & Technology Group (YQ) Stock: One-For-Four Reverse Split Goes Into Effect
17 Education & Technology Group Inc. Announces Second Quarter 2021 Unaudited Financial Results and Change to Board Composition
Why Chinese Education Stocks Bounced Back Today
Why Chinese Education Stocks Crashed Again Today
17 Education & Technology Group Inc. Provides Update on Regulatory Development
YQ Stock Increases Over 12% Intraday: Why It Happened
Education Stocks Could Offer Bargains - For Those Who Choose Correctly
Why New Oriental, TAL, and Other Chinese Education Stocks Crashed Today
China-based education stocks rocked on worries over new PRC regulations
17 Education & Technology Group Inc. Responds to Media Reports
Source: https://incomestatements.info
Category: Stock Reports
How have operating expenses impacted the company’s financial performance?
Operating expenses significantly influence a business’s performance by directly impacting profit margins and operating income. These expenses comprise the day-to-day costs required to keep a business running, such as salaries, rent, advertising, and maintenance costs.
What are the key financial highlights of 17 Education & Technology Group Inc.’s Q3 2024?
Revenue: CN¥59.6m (up 32% from 3Q 2023).
Net loss: CN¥17.4m (loss narrowed by 76% from 3Q 2023).
CN¥2.24 loss per share (improved from CN¥8.36 loss in 3Q 2023).