17 Education & Technology Group Inc

$YQ Market Cap: $20.14 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$170.9M

TTM

Gross Margin

42.67%

TTM

Net Earnings

-$311.7M

TTM

Current Assets

$630.7M

Q4 2023

Current Liabilities

$180.6M

Q4 2023

Current Ratio

349.25%

Q4 2023

Total Assets

$684.5M

Q4 2023

Total Liabilities

$190.3M

Q4 2023

Book Value

$494.3M

Q4 2023

Cash

$306.9M

Q4 2023

P/E

-0.06462

Oct 16, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018
Revenue	$171.0M	$531.1M	$2.185B	$1.294B	$406.2M	$310.7M
YoY Change	-67.81%	-75.69%	68.77%	218.66%	30.74%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$171.0M	$531.1M	$2.185B	$1.294B	$406.2M	$310.7M
Cost Of Revenue	$90.26M	$206.2M	$878.2M	$495.7M	$173.5M	$105.0M
Gross Profit	$80.70M	$324.9M	$1.306B	$798.7M	$232.8M	$205.7M
Gross Profit Margin	47.21%	61.17%	59.8%	61.7%	57.31%	66.21%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$255.5M	$300.2M	$1.858B	$1.518B	$741.6M	$506.6M
YoY Change	-14.87%	-83.85%	22.42%	104.69%	46.39%
% of Gross Profit	316.62%	92.4%	142.26%	190.06%	318.56%	246.28%
Research & Development	$167.9M	$235.8M	$800.2M	$614.8M	$491.3M	$398.6M
YoY Change	-28.8%	-70.53%	30.15%	25.14%	23.26%
% of Gross Profit	208.09%	72.6%	61.25%	76.98%	211.04%	193.78%
Depreciation & Amortization	$16.17M	$24.73M	$64.76M	$39.70M	$22.70M	$15.80M
YoY Change	-34.6%	-61.81%	63.11%	74.89%	43.67%
% of Gross Profit	20.04%	7.61%	4.96%	4.97%	9.75%	7.68%
Operating Expenses	$423.5M	$536.0M	$2.658B	$2.133B	$1.233B	$905.2M
YoY Change	-21.0%	-79.84%	24.65%	72.99%	36.2%
Operating Profit	-$342.8M	-$211.1M	-$1.352B	-$1.334B	-$1.000B	-$699.5M
YoY Change	62.33%	-84.38%	1.36%	33.4%	42.97%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	$27.01M	$11.51M	$26.90M	-$10.10M	$36.30M	$42.60M
YoY Change	134.65%	-57.21%	-366.33%	-127.82%	-14.79%
% of Operating Profit
Other Income/Expense, Net	$3.958M	$21.77M	$4.674M	$4.300M	$100.0K	$900.0K
YoY Change	-81.81%	365.66%	8.7%	4200.0%	-88.89%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018
Pretax Income	-$311.8M	-$177.9M	-$1.442B	-$1.340B	-$963.8M	-$656.1M
YoY Change	75.28%	-87.66%	7.61%	39.02%	46.9%
Income Tax	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$311.8M	-$177.9M	-$1.442B	-$1.340B	-$963.8M	-$656.1M
YoY Change	75.28%	-87.66%	7.61%	39.02%	46.9%
Net Earnings / Revenue	-182.37%	-33.49%	-66.01%	-103.52%	-237.27%	-211.17%
Basic Earnings Per Share	-$0.68	-$0.35	-$2.92	-$44.68
Diluted Earnings Per Share	-$0.68	-$0.35	-$2.919M	-$2.853M	-$2.052M	-$1.397M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$306.9M	$727.4M	$1.181B	$2.835B	$653.9M	$1.273B
YoY Change	-57.81%	-38.4%	-58.35%	333.55%	-48.63%
Cash & Equivalents	$306.9M	$707.9M	$1.181B	$2.835B	$653.9M	$1.253B
Short-Term Investments	$0.00	$19.53M			$0.00	$20.00M
Other Short-Term Assets	$264.6M	$151.1M	$138.7M	$204.3M	$89.50M	$56.10M
YoY Change	75.08%	8.94%	-32.1%	128.27%	59.54%
Inventory
Prepaid Expenses
Receivables	$59.21M	$34.82M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$630.7M	$913.4M	$1.343B	$3.047B	$757.6M	$1.337B
YoY Change	-30.95%	-31.98%	-55.93%	302.14%	-43.32%
Property, Plant & Equipment	$52.02M	$62.35M	$223.8M	$305.4M	$143.8M	$91.60M
YoY Change	-16.56%	-72.14%	-26.73%	112.38%	56.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.780M	$4.802M	$13.92M	$37.80M	$16.90M	$13.10M
YoY Change	-62.93%	-65.51%	-63.17%	123.67%	29.01%
Total Long-Term Assets	$53.80M	$67.15M	$237.7M	$343.1M	$160.7M	$104.6M
YoY Change	-19.88%	-71.75%	-30.72%	113.5%	53.63%
Total Assets	$684.5M	$980.5M	$1.580B	$3.390B	$918.3M	$1.441B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$135.6M	$171.7M	$423.4M	$563.6M	$326.6M	$244.7M
YoY Change	-21.02%	-59.44%	-24.88%	72.57%	33.47%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00	$0.00	$0.00	$98.70M	$0.00
YoY Change				-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$180.6M	$214.1M	$683.1M	$1.206B	$680.7M	$322.7M
YoY Change	-15.66%	-68.65%	-43.34%	77.1%	110.94%
Long-Term Debt		$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$9.660M	$7.534M	$100.3M	$120.1M	$21.90M	$19.70M
YoY Change	28.22%	-92.49%	-16.46%	448.4%	11.17%
Total Long-Term Liabilities	$9.660M	$7.534M	$100.3M	$120.1M	$21.90M	$19.70M
YoY Change	28.22%	-92.49%	-16.46%	448.4%	11.17%
Total Liabilities	$190.3M	$221.7M	$783.4M	$1.326B	$702.6M	$342.4M
YoY Change	-14.17%	-71.7%	-40.9%	88.67%	105.2%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	458.6M	502.8M	494.1M	93.50M
Diluted Shares Outstanding	458.6M	502.8M	494.1M	93.50M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $20.142 Million

About 17 Education & Technology Group Inc

17 Education & Technology Group, Inc. engages in the provision of educational technology solutions. The company is headquartered in Beijing, Beijing and currently employs 1,459 full-time employees. The company went IPO on 2020-12-04. Its smart in-school classroom solution delivers data-driven teaching, learning and assessment products to teachers, students and parents across many kindergarten through twelfth grade (K-12) schools. The core functions of its in-school products are free of charge for teachers, students and parents to use. The company also offers online K-12 large-class after-school tutoring services that complement students’ in-school learning. The firm mainly conducts its businesses in the China market.

Industry: Services-Educational Services Peers: ATA Creativity Global Gaotu Techedu Inc NaaS Technology Inc TCTM Kids IT Education Inc Youdao Inc Zhongchao Inc