$TAL Market Cap: $6.274 Billion
Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue
$1.837B
TTM
Gross Margin
53.64%
TTM
Net Earnings
$72.40M
TTM
Current Assets
$3.956B
Q3 2024
Current Liabilities
$1.294B
Q3 2024
Current Ratio
305.69%
Q3 2024
Total Assets
$5.341B
Q3 2024
Total Liabilities
$1.583B
Q3 2024
Book Value
$3.758B
Q3 2024
Cash
$2.086B
Q3 2024
P/E
86.66
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $1.490B $1.020B $4.391B $4.496B $3.273B $2.563B $1.715B $1.043B $619.9M $434.0M $313.9M $225.9M $177.5M $110.6M $69.30M $37.20M $8.900M
YoY Change 46.15% -76.78% -2.33% 37.35% 27.71% 49.45% 64.41% 68.27% 42.83% 38.26% 38.96% 27.27% 60.49% 59.6% 86.29% 317.98%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $1.490B $1.020B $4.391B $4.496B $3.273B $2.563B $1.715B $1.043B $619.9M $434.0M $313.9M $225.9M $177.5M $110.6M $69.30M $37.20M $8.900M
Cost Of Revenue $684.3M $436.4M $2.203B $2.049B $1.469B $1.165B $882.3M $522.3M $303.6M $203.1M $151.5M $115.7M $95.60M $56.10M $37.40M $18.20M $4.400M
Gross Profit $806.1M $583.4M $2.188B $2.447B $1.805B $1.399B $832.7M $520.8M $316.3M $230.9M $162.4M $110.2M $81.90M $54.40M $31.90M $19.00M $4.500M
Gross Profit Margin 54.09% 57.21% 49.82% 54.43% 55.13% 54.56% 48.55% 49.93% 51.02% 53.2% 51.74% 48.78% 46.14% 49.19% 46.03% 51.08% 50.56%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Selling, General & Admin $891.8M $696.8M $2.318B $2.797B $1.648B $1.064B $628.4M $389.3M $234.6M $164.1M $106.1M $78.80M $61.00M $29.00M $16.40M $8.200M $2.800M
YoY Change 27.98% -69.94% -17.14% 69.77% 54.91% 69.27% 61.42% 65.94% 42.96% 54.67% 34.64% 29.18% 110.34% 76.83% 100.0% 192.86%
% of Gross Profit 110.63% 119.44% 105.96% 114.31% 91.31% 76.06% 75.47% 74.75% 74.17% 71.07% 65.33% 71.51% 74.48% 53.31% 51.41% 43.16% 62.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.75M $35.29M $185.3M $161.0M $115.2M $88.90M $59.20M $33.50M $19.20M $12.40M $10.00M $7.300M $5.700M $3.500M $2.100M $1.000M $100.0K
YoY Change -32.7% -80.95% 15.07% 39.76% 29.58% 50.17% 76.72% 74.48% 54.84% 24.0% 36.99% 28.07% 62.86% 66.67% 110.0% 900.0%
% of Gross Profit 2.95% 6.05% 8.47% 6.58% 6.38% 6.36% 7.11% 6.43% 6.07% 5.37% 6.16% 6.62% 6.96% 6.43% 6.58% 5.26% 2.22%
Operating Expenses $875.4M $696.8M $2.297B $2.778B $1.638B $1.057B $623.7M $386.2M $231.3M $163.6M $105.0M $78.20M $60.70M $28.90M $16.50M $8.300M $2.800M
YoY Change 25.62% -69.66% -17.31% 69.56% 55.0% 69.46% 61.5% 66.97% 41.38% 55.81% 34.27% 28.83% 110.03% 75.15% 98.8% 196.43%
Operating Profit -$69.23M -$90.73M -$109.5M -$330.6M $166.5M $341.6M $209.0M $134.6M $85.00M $67.30M $57.40M $32.00M $21.20M $25.50M $15.40M $10.70M $1.700M
YoY Change -23.7% -17.12% -66.89% -298.56% -51.26% 63.44% 55.27% 58.35% 26.3% 17.25% 79.38% 50.94% -16.86% 65.58% 43.93% 529.41%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Interest Expense $84.93M $61.56M $95.31M $97.30M $61.20M $42.00M $23.20M $5.000M $61.90M $12.00M $9.800M $5.300M $3.500M $1.300M $300.0K $100.0K $0.00
YoY Change 37.95% -35.41% -2.05% 58.99% 45.71% 81.03% 364.0% -91.92% 415.83% 22.45% 84.91% 51.43% 169.23% 333.33% 200.0%
% of Operating Profit 36.76% 12.3% 11.1% 3.71% 72.82% 17.83% 17.07% 16.56% 16.51% 5.1% 1.95% 0.93% 0.0%
Other Income/Expense, Net $48.77M -$82.42M $16.95M $140.9M -$95.30M $131.7M $17.40M $23.10M -$2.500M -$2.000M $100.0K $800.0K $4.200M $0.00 -$100.0K -$100.0K $0.00
YoY Change -159.17% -586.23% -87.97% -247.85% -172.36% 656.9% -24.68% -1024.0% 25.0% -2100.0% -87.5% -80.95% -100.0% 0.0%

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 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Pretax Income $17.48M -$109.7M -$778.1M -$224.6M -$50.70M $457.2M $247.0M $154.6M $136.9M $77.20M $67.30M $37.50M $28.50M $27.00M $15.60M $9.500M $1.700M
YoY Change -115.93% -85.9% 246.45% 343.0% -111.09% 85.1% 59.77% 12.93% 77.33% 14.71% 79.47% 31.58% 5.56% 73.08% 64.21% 458.82%
Income Tax $15.38M $20.01M $397.0M -$69.90M $69.30M $76.50M $44.70M $34.10M $33.50M $9.400M $6.700M $4.100M $4.200M $2.600M $1.400M $2.000M $200.0K
% Of Pretax Income 87.97% 16.73% 18.1% 22.06% 24.47% 12.18% 9.96% 10.93% 14.74% 9.63% 8.97% 21.05% 11.76%
Net Earnings -$3.573M -$135.6M -$1.136B -$116.0M -$110.2M $367.2M $198.4M $116.9M $102.9M $67.20M $60.60M $33.40M $24.30M $24.00M $14.20M $7.300M $1.500M
YoY Change -97.37% -88.06% 879.41% 5.26% -130.01% 85.08% 69.72% 13.61% 53.13% 10.89% 81.44% 37.45% 1.25% 69.01% 94.52% 386.67%
Net Earnings / Revenue -0.24% -13.3% -25.87% -2.58% -3.37% 14.33% 11.57% 11.21% 16.6% 15.48% 19.31% 14.79% 13.69% 21.7% 20.49% 19.62% 16.85%
Basic Earnings Per Share -$0.02 -$0.64 -$5.29 -$0.57
Diluted Earnings Per Share -$0.02 -$0.64 -$5.289M -$569.7K -$556.0K $1.834M $1.021M $620.2K $562.0K $410.8K $380.2K $213.3K $155.9K $176.0K $113.6K $60.83K $12.50K

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 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Cash & Short-Term Investments $3.303B $3.172B $2.709B $5.938B $2.219B $1.516B $1.499B $700.0M $479.0M $492.0M $270.0M $185.0M $189.0M $174.0M $53.00M $30.00M
YoY Change 4.16% 17.09% -54.38% 167.6% 46.37% 1.13% 114.14% 46.14% -2.64% 82.22% 45.95% -2.12% 8.62% 228.3% 76.67%
Cash & Equivalents $2.209B $2.022B $1.638B $3.243B $1.874B $1.247B $712.0M $470.0M $434.0M $470.0M $270.0M $185.0M $189.0M $173.0M $51.00M $30.00M
Short-Term Investments $1.095B $1.150B $1.071B $2.695B $345.0M $268.0M $787.0M $229.0M $45.00M $22.00M $0.00 $0.00 $0.00 $0.00 $2.000M $0.00
Other Short-Term Assets $327.2M $175.3M $824.2M $2.022B $112.0M $119.0M $103.0M $65.00M $29.00M $28.00M $17.00M $37.00M $19.00M $30.00M $3.000M $1.000M
YoY Change 86.57% -78.72% -59.24% 1705.36% -5.88% 15.53% 58.46% 124.14% 3.57% 64.71% -54.05% 94.74% -36.67% 900.0% 200.0%
Inventory $68.33M $39.00M $21.83M $39.00M $26.00M $8.000M $5.000M $3.000M $1.000M $1.000M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Prepaid Expenses
Receivables $343.0K $45.25M $26.49M $29.00M $46.00M $54.00M $3.000M $3.000M $3.000M $0.00 $0.00 $0.00
Other Receivables $0.00 $37.27M $48.19M $130.0M $92.00M $49.00M $52.00M $100.0M $5.000M $19.00M $0.00 $0.00
Total Short-Term Assets $3.699B $3.468B $3.629B $8.157B $2.496B $1.746B $1.662B $871.0M $516.0M $539.0M $300.0M $226.0M $210.0M $205.0M $56.00M $32.00M
YoY Change 6.65% -4.44% -55.51% 226.8% 42.96% 5.05% 90.82% 68.8% -4.27% 79.67% 32.74% 7.62% 2.44% 266.07% 75.0%
Property, Plant & Equipment $636.4M $437.9M $508.3M $2.057B $1.815B $288.0M $247.0M $154.0M $115.0M $94.00M $79.00M $76.00M $77.00M $8.000M $5.000M $2.000M
YoY Change 45.34% -13.85% -75.29% 13.33% 530.21% 16.6% 60.39% 33.91% 22.34% 18.99% 3.95% -1.3% 862.5% 60.0% 150.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $284.3M $453.4M $414.5M $668.0M $572.0M $851.0M $598.0M $348.0M $274.0M $97.00M $27.00M $5.000M
YoY Change -37.3% 9.38% -37.95% 16.78% -32.78% 42.31% 71.84% 27.01% 182.47% 259.26% 440.0%
Other Assets $306.0M $363.9M $528.0M $671.0M $251.0M $360.0M $213.0M $151.0M $53.00M $26.00M $11.00M $6.000M $7.000M $3.000M $2.000M $1.000M
YoY Change -15.89% -31.09% -21.31% 167.33% -30.28% 69.01% 41.06% 184.91% 103.85% 136.36% 83.33% -14.29% 133.33% 50.0% 100.0%
Total Long-Term Assets $1.229B $1.256B $1.453B $3.955B $3.075B $1.989B $1.393B $958.0M $545.0M $233.0M $128.0M $90.00M $85.00M $13.00M $10.00M $7.000M
YoY Change -2.16% -13.57% -63.26% 28.62% 54.6% 42.79% 45.41% 75.78% 133.91% 82.03% 42.22% 5.88% 553.85% 30.0% 42.86%
Total Assets $4.928B $4.724B $5.083B $12.11B $5.571B $3.735B $3.055B $1.829B $1.061B $772.0M $428.0M $316.0M $295.0M $218.0M $66.00M $39.00M
YoY Change
Accounts Payable $127.4M $60.09M $90.04M $357.0M $122.0M $131.0M $66.00M $26.00M $15.00M $5.000M $2.000M $2.000M $3.000M $1.000M $1.000M $0.00
YoY Change 112.04% -33.26% -74.78% 192.62% -6.87% 98.48% 153.85% 73.33% 200.0% 150.0% 0.0% -33.33% 200.0% 0.0%
Accrued Expenses $554.5M $370.9M $464.7M $1.003B $639.0M $220.0M $180.0M $91.00M $51.00M $33.00M $21.00M $13.00M $13.00M $7.000M $5.000M $3.000M
YoY Change 49.5% -20.19% -53.67% 56.96% 190.45% 22.22% 97.8% 78.43% 54.55% 57.14% 61.54% 0.0% 85.71% 40.0% 66.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $270.0M $0.00 $215.0M
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $1.082B $783.9M $902.6M $3.374B $1.807B $1.184B $1.133B $667.0M $383.0M $233.0M $167.0M $124.0M $104.0M $63.00M $38.00M $26.00M
YoY Change 38.06% -13.15% -73.25% 86.72% 52.62% 4.5% 69.87% 74.15% 64.38% 39.52% 34.68% 19.23% 65.08% 65.79% 46.15%
Long-Term Debt $0.00 $0.00 $0.00 $2.300B $262.0M $0.00 $236.0M $450.0M $228.0M $226.0M $0.00 $0.00 $0.00 $0.00 $1.000M $0.00
YoY Change -100.0% 777.86% -100.0% -47.56% 97.37% 0.88% -100.0%
Other Long-Term Liabilities $204.6M $118.0M $176.0M $1.224B $951.0M $3.000M $25.00M $18.00M $8.000M $0.00 $1.000M $0.00 $0.00
YoY Change 73.38% -32.95% -85.62% 28.71% 31600.0% -88.0% 38.89% 125.0% -100.0%
Total Long-Term Liabilities $204.6M $118.0M $176.0M $3.524B $1.213B $3.000M $261.0M $468.0M $236.0M $226.0M $1.000M $0.00 $0.00 $0.00 $1.000M $0.00
YoY Change 73.38% -32.95% -95.01% 190.52% 40333.33% -98.85% -44.23% 98.31% 4.42% 22500.0% -100.0%
Total Liabilities $1.266B $879.7M $1.052B $6.910B $3.056B $1.251B $1.434B $1.185B $624.0M $459.0M $168.0M $125.0M $105.0M $63.00M $39.00M $26.00M
YoY Change 43.89% -16.41% -84.77% 126.11% 144.28% -12.76% 21.01% 89.9% 35.95% 173.21% 34.4% 19.05% 66.67% 61.54% 50.0%

Ownership

Basic Shares Outstanding

No data

Diluted Shares Outstanding

No data

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Basic Shares Outstanding 203.3M 212.6M 214.8M 203.6M
Diluted Shares Outstanding 203.3M 212.6M 214.8M 203.6M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $6.2736 Billion

About TAL Education Group

TAL Education Group is a holding company, which engages in the provision of after-school tutoring programs for primary and secondary school students. The company is headquartered in Beijing, Beijing and currently employs 15,000 full-time employees. The company went IPO on 2010-10-20. The firm mainly offer tutoring services to kindergarten through twelfth grade (K-12) students covering core academic subjects, including among others, mathematics, physics, chemistry, biology, history, geography, political science, English and Chinese. The company also provides consulting services for overseas studies and preparation courses for major standardized tests, as well as operate several online community platforms including www.jzb.com (together with the Jiazhang Bang application (app)) and www.mmbang.com (together with the Mama Bang app). The Company’s main brands are Xueersi, Mobby, Firstleap, Izhikang and Shunshun Liuxue. The firm mainly operates its businesses in Mainland China and Hong Kong.

Industry: Services-Educational Services Peers: New Oriental Education & Technology Group Inc.