17 Education & Technology Group Inc. financial data

Symbol
YQ on Nasdaq
Industry
Services-Educational Services
Location
16/F, Block B, Wangjing Greenland Center, Chaoyang District, Beijing, China
State of incorporation
Cayman Islands
Fiscal year end
December 31
Latest financial report
Q4 2023 - Apr 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Operating Margin -200 % -404%

Shares

Label TTM Value / Value Unit Change %
Weighted Average Number of Shares Outstanding, Basic 459 M shares -8.78%
Weighted Average Number of Shares Outstanding, Diluted 459 M shares -8.78%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 24.1 M USD -68.7%
Cost of Revenue 12.7 M USD -57.5%
Research and Development Expense 23.7 M USD -30.8%
Selling and Marketing Expense 14.3 M USD +24.3%
General and Administrative Expense 21.7 M USD -32.2%
Operating Income (Loss) -48.3 M USD -57.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -43.9 M USD -70.3%
Income Tax Expense (Benefit) 0 CNY
Net Income (Loss) Attributable to Parent -43.9 M USD -70.3%
Earnings Per Share, Basic -0.1 USD/shares -100%
Earnings Per Share, Diluted -0.1 USD/shares -100%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 43.2 M USD -57.9%
Accounts Receivable, after Allowance for Credit Loss, Current 8.34 M USD +65.2%
Other Assets, Current 4.4 M CNY -15.3%
Assets, Current 88.8 M USD -32.9%
Property, Plant and Equipment, Net 4.51 M USD -3.7%
Operating Lease, Right-of-Use Asset 2.82 M USD -35.3%
Other Assets, Noncurrent 251 K USD -63.9%
Assets 96.4 M USD -32.2%
Employee-related Liabilities, Current 107 M CNY +0.48%
Contract with Customer, Liability, Current 6.33 M USD +3.03%
Liabilities, Current 25.4 M USD -18.1%
Operating Lease, Liability, Noncurrent 1.36 M USD +24.6%
Liabilities 26.8 M USD -16.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 10.9 M USD +19.9%
Retained Earnings (Accumulated Deficit) -1.49 B USD -0.1%
Stockholders' Equity Attributable to Parent 69.6 M USD -36.7%
Liabilities and Equity 96.4 M USD -32.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -29.9 M USD +55.6%
Net Cash Provided by (Used in) Financing Activities -7.23 M USD -47.4%
Net Cash Provided by (Used in) Investing Activities -22.7 M USD -1651%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -57.9 M USD +13.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 43.2 M USD -57.3%
Deferred Tax Assets, Valuation Allowance 1.15 B CNY +6.65%
Deferred Tax Assets, Gross 1.15 B CNY +6.65%
Operating Lease, Liability 17.3 M CNY -34.1%
Depreciation 2.28 M USD -36.5%
Payments to Acquire Property, Plant, and Equipment 3.75 M USD +834%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -41.8 M USD -116%
Lessee, Operating Lease, Liability, to be Paid 19.9 M CNY
Property, Plant and Equipment, Gross 119 M CNY -13.9%
Operating Lease, Liability, Current 1.08 M USD -60.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.6 M CNY -74.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 8.81 M CNY
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.62 M CNY +25%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.27 M CNY -60.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.22 M CNY -44.2%
Operating Lease, Payments 17.4 M CNY -52.1%
Additional Paid in Capital 1.55 B USD -2.57%
Share-based Payment Arrangement, Expense 41.8 M CNY -28.9%