Company Analysis

Sunlands Technology Group (STG)

NYSE: STG · Services-Educational Services · Beijing, CN · filing with the SEC since 2017
Grade5.5
◀ Past 6.0● Present 6.2▶ Future 4.2
1 est.

Income statement, as filed

In thousands of Chinese yuan (CNY), as filed; per-share figures in Chinese yuan; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedApr 24, 2026Apr 25, 2025Apr 25, 2024Apr 25, 2023Apr 27, 2022Apr 16, 2021Apr 24, 2020Apr 26, 2019··
Revenue2,019,8811,990,2042,159,5842,323,1012,507,8172,203,7912,193,9021,973,985970,162418,910
Cost of revenue264,424317,570265,528348,150376,189387,272396,316330,376170,26170,986
Gross profit1,755,4571,672,6341,894,0561,974,9512,131,6281,816,5191,797,5861,643,609799,901347,924
Research and development29,55325,00833,72342,83461,32566,528101,71776,02232,86213,932
Sales and marketing1,137,6311,216,9121,142,1541,129,5081,748,4362,123,6181,792,2852,152,8301,351,811503,643
General and administrative143,796132,809143,286185,667207,602275,391363,307443,691342,90689,390
Total operating expenses1,378,9111,374,7291,319,1631,358,0092,017,3632,465,5372,257,3092,672,5431,727,579606,965
Operating income376,546297,905574,893616,942114,265-649,018-459,723-1,028,934-927,678-259,041
Interest expense8525,2937,65710,05910,92911,69214,3122,171··
Interest and investment income23,64338,82431,09416,24816,17525,80960,16670,355··
Share of profit of equity-method investments-4,530-13,512-10,0846,453-4,8861,349-1361,710-4,890·
Other income (expense), net30,12126,29634,09724,52739,156203,21021,28032,0902762,423
Income before income taxes429,458356,894676,081648,548197,634-432,573-392,589-928,660-913,824-253,567
Income tax expense59,2971,30025,16611,992-19,618-2362,440000
Net income including non-controlling interests365,631342,082640,831643,009212,366-430,988-395,165-926,950-918,714-253,567
Net income to non-controlling interests001-950-6,690-446-34872-136·
Net income365,631342,082640,830643,959219,056-430,542-394,817-927,022-918,578-253,567
Earnings per share, basic54.2850.1292.8894.1432.56-63.74····
Earnings per share, diluted54.2850.1292.8894.1432.56-63.74····
Earnings per share, basic and diluted····32.56-63.74-57.81-147.27-232.80-66.40
Weighted average shares, basic6,736,3736,824,8246,899,4566,840,0796,727,5526,754,134····
Weighted average shares, diluted6,736,3736,824,8246,899,4566,840,0796,727,5526,754,134····
Weighted average shares, basic and diluted····6,727,5526,754,1346,830,0586,294,8703,945,8643,818,618
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton STG · research, not advice