Financial Snapshot

Revenue
$3.795B
TTM
Gross Margin
85.52%
TTM
Net Earnings
$385.5M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
152.88%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$71.07M
Q2 2024
Cash
Q2 2024
P/E
0.3520
Nov 15, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021
Revenue 3.795B cnies 3.081B cnies $2.868B $1.760B
YoY Change 23.17% 7.44% 62.96%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021
Revenue 3.795B cnies 3.081B cnies $2.868B $1.760B
Cost Of Revenue 550.3M cnies $53.99M $408.8M $178.9M
Gross Profit 3.245B cnies $371.0M $2.459B $1.581B
Gross Profit Margin 85.5% 12.04% 85.75% 89.83%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021
Selling, General & Admin $373.3M $356.3M $2.421B $1.795B
YoY Change 4.76% -85.28% 34.86%
% of Gross Profit 11.5% 96.05% 98.45% 113.55%
Research & Development $19.94M $30.31M $273.5M $116.3M
YoY Change -34.23% -88.92% 135.22%
% of Gross Profit 0.61% 8.17% 11.12% 7.35%
Depreciation & Amortization 4.546M cnies 3.714M cnies $10.59M $7.422M
YoY Change 22.4% -64.95% 42.75%
% of Gross Profit 0.14% 1.0% 0.43% 0.47%
Operating Expenses $394.6M $386.6M $2.695B $1.912B
YoY Change 2.07% -85.65% 40.96%
Operating Profit $51.93M -$15.67M -$235.4M -$330.5M
YoY Change -431.44% -93.34% -28.79%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021
Interest Expense $10.52M $14.60M $5.281M $2.841M
YoY Change -27.95% 176.46% 85.89%
% of Operating Profit 20.26%
Other Income/Expense, Net 28.97M cnies $2.939M $15.02M $12.69M
YoY Change 885.54% -80.43% 18.33%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021
Pretax Income $57.36M -$11.99M -$215.1M -$315.0M
YoY Change -578.29% -94.42% -31.72%
Income Tax 31.33M cnies 21.69M cnies $18.35M $1.037M
% Of Pretax Income 54.62%
Net Earnings 385.5M cnies -108.5M cnies -$259.1M -$531.0M
YoY Change -455.2% -58.1% -51.21%
Net Earnings / Revenue 10.16% -3.52% -9.03% -30.17%
Basic Earnings Per Share $2.34 -$1.26 -$5.26 -$12.89
Diluted Earnings Per Share $2.27 -$1.26 -$1.57 -$3.21

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021
Cash & Short-Term Investments $1.026B $930.6M $399.1M $54.73M
YoY Change 10.26% 133.2% 629.14%
Cash & Equivalents $779.9M $764.3M $266.4M $25.10M
Short-Term Investments $246.2M $166.3M $132.6M $29.63M
Other Short-Term Assets $275.7M $112.4M $106.1M $105.1M
YoY Change 145.29% 5.93% 0.95%
Inventory $6.345M
Prepaid Expenses
Receivables $16.68M $12.30M $1.937M $99.13M
Other Receivables $4.488M $53.40M $56.85M $15.92M
Total Short-Term Assets $1.329B $1.109B $564.0M $274.9M
YoY Change 19.91% 96.58% 105.16%
Property, Plant & Equipment $65.46M $91.40M $29.09M $14.09M
YoY Change -28.38% 214.24% 106.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $9.010M
YoY Change
Other Assets $22.21M $23.40M $10.43M $7.914M
YoY Change -5.1% 124.35% 31.79%
Total Long-Term Assets $96.68M $114.8M $39.52M $55.34M
YoY Change -15.79% 190.52% -28.59%
Total Assets $1.426B $1.223B $603.5M $330.2M
YoY Change
Accounts Payable $62.07M $62.10M $45.18M $74.46M
YoY Change -0.05% 37.46% -39.33%
Accrued Expenses $239.6M $211.3M $124.0M $75.86M
YoY Change 13.4% 70.43% 63.42%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $869.6M $944.8M $713.2M $573.3M
YoY Change -7.96% 32.47% 24.41%
Long-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $28.35M $52.80M $15.44M $28.30M
YoY Change -46.3% 242.08% -45.46%
Total Long-Term Liabilities $28.35M $52.80M $15.44M $28.30M
YoY Change -46.3% 242.08% -45.46%
Total Liabilities $909.5M $999.7M $728.7M $609.7M
YoY Change -9.02% 37.2% 19.5%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021
Basic Shares Outstanding 165.0M shares 103.9M shares 49.27M shares 41.21M shares
Diluted Shares Outstanding 170.0M shares 103.9M shares 49.27M shares 41.21M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $135.71 Million

About QuantaSing Group Ltd

QuantaSing Group Ltd. is an investment holding company, which operates an online platform to provide individual online learning services to the individual learners and enterprise services to financial intermediary enterprises in the People's Republic of China. The company is headquartered in Beijing, Beijing and currently employs 1,029 full-time employees. The company went IPO on 2023-01-25. The firm's main business is to provide individual adult learners with online courses of various brands and marketing and management services for corporate customers. The firm provides online financial knowledge learning courses through its QiNiu, Jiangzhen and QianChi brands. The firm also provides other personal interest learning courses, including personal well-being, short video production, erhu, traditional Chinese painting, data analytics and other fields. The firm mainly conducts its business in the domestic market.

Industry: Services-Educational Services Peers: Gaotu Techedu Inc Youdao Inc