Gaotu Techedu Inc. - Understand $gotu stock

$GOTU Market Cap: $684.9 Million

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Financial Snapshot

Revenue

$2.961B

TTM

Gross Margin

73.4%

TTM

Net Earnings

-$7.251M

TTM

Current Assets

$3.587B

Q4 2023

Current Liabilities

$1.973B

Q4 2023

Current Ratio

181.76%

Q4 2023

Total Assets

$5.413B

Q4 2023

Total Liabilities

$2.307B

Q4 2023

Book Value

$3.106B

Q4 2023

Cash

$636.1M

Q4 2023

P/E

-94.46

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$2.961B	$2.498B	$6.562B	$7.125B	$2.115B	$397.3M	$97.60M
YoY Change	18.52%	-61.93%	-7.9%	236.88%	432.32%	307.07%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$2.961B	$2.498B	$6.562B	$7.125B	$2.115B	$397.3M	$97.60M
Cost Of Revenue	$790.2M	$701.1M	$2.398B	$1.763B	$535.9M	$142.8M	$25.00M
Gross Profit	$2.171B	$1.797B	$4.164B	$5.362B	$1.579B	$254.6M	$72.60M
Gross Profit Margin	73.31%	71.94%	63.46%	75.26%	74.66%	64.08%	74.39%

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	2017
Selling, General & Admin	$1.858B	$1.470B	$5.850B	$6.383B	$1.151B	$161.3M	$112.5M
YoY Change	26.36%	-74.87%	-8.35%	454.54%	613.58%	43.38%
% of Gross Profit	85.58%	81.8%	140.47%	119.03%	72.9%	63.35%	154.96%
Research & Development	$462.0M	$445.1M	$1.253B	$734.5M	$212.2M	$74.10M	$52.50M
YoY Change	3.8%	-64.47%	70.58%	246.14%	186.37%	41.14%
% of Gross Profit	21.29%	24.77%	30.09%	13.7%	13.44%	29.1%	72.31%
Depreciation & Amortization	$50.73M	$68.81M	$112.6M	$57.30M	$12.00M	$4.200M	$4.900M
YoY Change	-26.27%	-38.87%	96.44%	377.5%	185.71%	-14.29%
% of Gross Profit	2.34%	3.83%	2.7%	1.07%	0.76%	1.65%	6.75%
Operating Expenses	$2.320B	$1.915B	$7.102B	$7.117B	$1.363B	$235.4M	$165.0M
YoY Change	21.11%	-73.03%	-0.21%	422.1%	479.1%	42.67%
Operating Profit	-$149.0M	-$118.1M	-$2.938B	-$1.755B	$215.7M	$19.20M	-$92.40M
YoY Change	26.22%	-95.98%	67.41%	-913.68%	1023.44%	-120.78%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$107.1M	$63.63M	$97.22M	$73.80M	$20.30M	$2.200M	$200.0K
YoY Change	68.24%	-34.55%	31.74%	263.55%	822.73%	1000.0%
% of Operating Profit					9.41%	11.46%
Other Income/Expense, Net	$54.47M	$51.89M	$20.91M	-$2.700M	$6.200M	$100.0K	$2.000M
YoY Change	4.98%	148.18%	-874.3%	-143.55%	6100.0%	-95.0%

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	2017
Pretax Income	$12.52M	-$2.533M	-$3.062B	-$1.428B	$242.2M	$21.40M	-$91.40M
YoY Change	-594.43%	-99.92%	114.5%	-689.43%	1031.78%	-123.41%
Income Tax	$10.66M	-$15.71M	$40.95M	-$34.60M	$17.00M	$2.600M	-$4.600M
% Of Pretax Income	85.09%				7.02%	12.15%
Net Earnings	-$7.298M	$13.17M	-$3.103B	-$1.393B	$226.6M	$19.70M	-$87.00M
YoY Change	-155.41%	-100.42%	122.81%	-714.7%	1050.25%	-122.64%
Net Earnings / Revenue	-0.25%	0.53%	-47.3%	-19.55%	10.71%	4.96%	-89.14%
Basic Earnings Per Share	-$0.04	$0.08	-$18.17	-$8.72
Diluted Earnings Per Share	-$0.04	$0.07	-$18.17M	-$8.722M	$1.624M	$125.7K	-$555.2K

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	2017
Cash & Short-Term Investments	$2.890B	$3.744B	$3.503B	$7.686B	$1.547B	$231.0M	$27.00M
YoY Change	-22.81%	6.88%	-54.42%	396.83%	569.7%	755.56%
Cash & Equivalents	$636.1M	$819.9M	$728.9M	$355.0M	$74.00M	$33.00M	$19.00M
Short-Term Investments	$2.254B	$2.924B	$2.774B	$7.331B	$1.473B	$198.0M	$8.000M
Other Short-Term Assets	$672.1M	$399.9M	$368.3M	$664.0M	$191.0M	$24.00M	$5.000M
YoY Change	68.07%	8.59%	-44.53%	247.64%	695.83%	380.0%
Inventory	$24.60M	$22.78M	$15.60M	$48.00M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$3.587B	$4.166B	$3.937B	$8.457B	$1.809B	$281.0M	$52.00M
YoY Change	-13.92%	5.83%	-53.45%	367.5%	543.77%	440.38%
Property, Plant & Equipment	$723.2M	$635.7M	$1.034B	$1.511B	$347.0M	$17.00M	$7.000M
YoY Change	13.76%	-38.51%	-31.58%	335.45%	1941.18%	142.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.030B			$531.0M	$1.188B	$5.000M	$8.000M
YoY Change				-55.3%	23660.0%	-37.5%
Other Assets	$73.78M	$74.00M	$53.59M	$101.0M	$50.00M	$35.00M	$36.00M
YoY Change	-0.31%	38.1%	-46.94%	102.0%	42.86%	-2.78%
Total Long-Term Assets	$1.827B	$709.7M	$1.088B	$2.229B	$1.586B	$57.00M	$51.00M
YoY Change	157.38%	-34.76%	-51.19%	40.54%	2682.46%	11.76%
Total Assets	$5.413B	$4.876B	$5.025B	$10.69B	$3.395B	$338.0M	$103.0M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$855.5M	$700.5M	$600.8M	$1.145B	$213.0M	$30.00M	$28.00M
YoY Change	22.13%	16.6%	-47.53%	437.56%	610.0%	7.14%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.973B	$1.609B	$1.760B	$4.197B	$1.637B	$356.0M	$155.0M
YoY Change	22.62%	-8.58%	-58.06%	156.38%	359.83%	129.68%
Long-Term Debt		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$261.8M	$96.62M	$311.8M	$680.0M	$200.0M	$9.000M	$0.00
YoY Change	170.96%	-69.02%	-54.14%	240.0%	2122.22%
Total Long-Term Liabilities	$261.8M	$96.62M	$311.8M	$680.0M	$200.0M	$9.000M	$0.00
YoY Change	170.96%	-69.02%	-54.14%	240.0%	2122.22%
Total Liabilities	$2.307B	$1.780B	$2.144B	$4.956B	$1.837B	$365.0M	$156.0M
YoY Change	29.58%	-16.95%	-56.74%	169.79%	403.29%	133.97%

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	173.7M	172.3M	170.8M	159.7M
Diluted Shares Outstanding	173.7M	176.0M	170.8M	159.7M
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: $684.91 Million

About Gaotu Techedu Inc.

Gaotu Techedu, Inc. is a technology-driven education company. The company is headquartered in Beijing, Beijing and currently employs 7,767 full-time employees. The company went IPO on 2019-06-06. Through its subsidiaries, the Company is engaged in the provision of online K-12 after-school tutoring services. The company also offers foreign language, professional and interest courses. The firm conducts its businesses in Mainland China.

Industry: Services-Educational Services Peers: 17 Education & Technology Group Inc. NaaS Technology Inc. TCTM Kids IT Education Inc. Youdao, Inc.