Company Analysis

17 Education & Technology Group Inc. (YQ)

Nasdaq: YQ · Services-Educational Services · Beijing, CN · filing with the SEC since 2020
Grade3.6
◀ Past 4.3● Present 2.6▶ Future 4.3
2 est.

The grade of 17 Education & Technology Group Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.6/10
◀ Past4.330% of the headline
● Present2.640% of the headline
▶ Future4.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.3/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
7.3/10

Has it survived what it has been through?

No warning events in its filings since 2020.

weight 33% of this tense · 73rd percentile among 42 sector filers · read for itself

From the record

17 Education & Technology Group Inc.'s filings since 2020 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.4/10

What has it actually done, year after year?

-14.2% a year over 8 filed years; profitable in 0 of 8.

weight 45% of this tense · 14th percentile among 39 sector filers · read for its customers

From the record

17 Education & Technology Group Inc.'s 8 filed years say what it did: revenue went from CNY 311 million in fiscal 2018 to CNY 106 million in fiscal 2025, down 14.2% a year; it rose in 4 of 7 years; the deepest fall was 95% from fiscal 2021 to fiscal 2025; net income was positive in 0 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-14.2%bottom 14% of its family
  • the share of years revenue rosebottom 27% of its family
  • the share of filed years with a profitbottom 5% of its family
  • the deepest fall from a revenue peak95.1%bottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
5.9/10

How has it treated the people who own it?

SI estimate 5.9/10, confidence 35 of 100 (one part).

weight 22% of this tense · 59th percentile among 41 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 41% of 41 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 41 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: 17 Education & Technology Group Inc.'s shareholder treatment is put at 5.9 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 41% of 41 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.6/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
2.9/10

Is it financially healthy right now?

ROE -54%: lost 54¢ per shareholder dollar. Leverage 51%: owes 51¢ per asset dollar.

weight 33% of this tense · 29th percentile among 42 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, 17 Education & Technology Group Inc. lost about 54 cents for every dollar of shareholders' money, and gross profitability: its products earned about 9 cents per dollar of everything the company owns. Leverage: it owed about 51 cents per dollar of assets, and net share issuance: its share count grew 24.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 44% of its family
  • return on equitybottom 29% of its family
  • gross profit against assetsbottom 19% of its family
  • the share count against the year beforebottom 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.2/10

How strong is its position in its industry?

bottom 12% of 41 in its family; net margin -145.6%.

weight 45% of this tense · 12th percentile among 41 sector filers · read for its customers

From the record

17 Education & Technology Group Inc.'s standing among 41 graded names in its industry family: revenue of CNY 106 million in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of -145.6% ranks in the bottom 13%; revenue growth of -41.5% a year over the last 3 filed years ranks in the bottom 11% (its annual reports).

What it rests on

  • net margin-145.6%bottom 13% of its family
  • three-year revenue growth-41.5%bottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.9/10

What are the people in charge doing?

SI estimate 4.9/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 16 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 16 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 16 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: 17 Education & Technology Group Inc.'s leadership is put at 4.9 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 16 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
8.1/10

How much room does it have to grow?

top 19% of 41 in its family for room to expand.

weight 22% of this tense · 81st percentile among 41 sector filers · read for itself

From the record

17 Education & Technology Group Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of CNY 246 million against no long-term debt tagged leaves 41.7% of its assets as net cash, top 13% of its family; cash from operations less capital spending is 28.7% of revenue (top 4%); a gross margin of 47.8% (bottom 49%); research spending of 53% of revenue (top 9%) (its annual report).

What it rests on

  • cash less debt against assets41.7%top 13% of its family
  • cash from operations less capital spending against revenue28.7%top 4% of its family
  • gross margin47.8%bottom 49% of its family
  • research spending against revenue53.0%top 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.0/10

What could actually drive growth from here?

bottom 30% of 39 in its family for growth drivers.

weight 45% of this tense · 30th percentile among 39 sector filers · read for its customers

From the record

17 Education & Technology Group Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -41.5% a year over the last three filed years against -14.2% over all 8, slowing (bottom 22% of its family); the newest year grew -44% (bottom 9%); research spending grew -38% a year (bottom 14%); capital spending grew 35.4% a year (top 24%) (its annual reports). 17 Education & Technology Group Inc. reported 3 product lines in fiscal 2025: Teaching and Learning Saa S Offerings Service Revenues at CNY 75 million (71%), Product at CNY 21 million (20%), Other Educational Products and Services at CNY 10 million (9%); 0 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-27.3 points a yearbottom 22% of its family
  • the newest year's revenue growth-44.0%bottom 9% of its family
  • three-year growth of research spending-38.0%bottom 14% of its family
  • three-year growth of capital spending35.4%top 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.6/10

Did its newest year beat what its own record pointed to?

bottom 36% of 36 in its family for expectations against reality.

weight 33% of this tense · 36th percentile among 36 sector filers · read for its shareholders

From the record

17 Education & Technology Group Inc.'s newest year against its own record: revenue of CNY 106 million in fiscal 2025 came in 6.2% below the CNY 113 million its prior three years' pace pointed to (bottom 46% of its family); net income of CNY 154 million against a prior three-year average of CNY 228 million (top 49%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 10%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-6.2%bottom 46% of its family
  • net income against the prior three years' average+32%top 49% of its family
  • net margin against its prior average-39.7 pointsbottom 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton YQ · research, not advice