STG: Sunlands Technology Group Financial Statements
Balance sheet, income statement, and cash flow statements for Sunlands Technology Group (STG).
$76.66M Market Cap.
STG Market Cap. (MRY)
STG Shares Outstanding (MRY)
STG Assets (MRY)
Total Assets
$2.12B
Total Liabilities
$1.52B
Total Investments
$536.11M
STG Income (MRY)
Revenue
$1.99B
Net Income
$342.08M
Operating Expense
$1.37B
STG Cash Flow (MRY)
CF Operations
$195.52M
CF Investing
-$358.86M
CF Financing
-$112.73M
STG Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $2,121,163,000 (0.13%) | $2,118,506,000 (-6.92%) | $2,276,070,000 (-12.21%) | $2,592,620,000 (-20.49%) |
Assets Current | $884,313,000 (-14.29%) | $1,031,754,000 (6.46%) | $969,104,000 (-13.98%) | $1,126,584,000 (-27.52%) |
Assets Non-Current | $1,236,850,000 (13.81%) | $1,086,752,000 (-16.85%) | $1,306,966,000 (-10.85%) | $1,466,036,000 (-14.10%) |
Goodwill & Intangible Assets | $723,000 (-25.85%) | $975,000 (-35.39%) | $1,509,000 (-45.35%) | $2,761,000 (-81.31%) |
Shareholders Equity | $601,345,000 (117.06%) | $277,036,000 (173.98%) | -$374,487,000 (62.89%) | -$1,009,226,000 (16.69%) |
Property Plant & Equipment Net | $868,369,000 (-5.87%) | $922,490,000 (-15.25%) | $1,088,426,000 (-10.78%) | $1,219,983,000 (22.00%) |
Cash & Equivalents | $507,229,000 (-33.81%) | $766,378,000 (1.18%) | $757,404,000 (11.92%) | $676,723,000 (-11.04%) |
Accumulated Other Comprehensive Income | $136,164,000 (-4.96%) | $143,276,000 (12.04%) | $127,885,000 (54.95%) | $82,532,000 (-14.47%) |
Deferred Revenue | $916,510,000 (-17.72%) | $1,113,923,000 (-34.12%) | $1,690,946,000 (-27.99%) | $2,348,179,000 (-22.36%) |
Total Investments | $536,112,000 (163.53%) | $203,438,000 (41.22%) | $144,055,000 (-39.73%) | $239,003,000 (-58.93%) |
Investments Current | $276,029,000 (94.27%) | $142,084,000 (101.42%) | $70,542,000 (-61.70%) | $184,159,000 (-64.44%) |
Investments Non-Current | $260,083,000 (323.91%) | $61,354,000 (-16.54%) | $73,513,000 (34.04%) | $54,844,000 (-14.43%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Accumulated Retained Earnings (Deficit) | -$1,840,285,000 (15.24%) | -$2,171,284,000 (22.79%) | -$2,812,114,000 (18.63%) | -$3,456,073,000 (5.96%) |
Tax Assets | $24,699,000 (0%) | $0 (0%) | $26,799,000 (-31.75%) | $39,265,000 (201.69%) |
Tax Liabilities | $5,724,000 (52.97%) | $3,742,000 (-37.47%) | $5,984,000 (-72.53%) | $21,782,000 (43.11%) |
Total Debt | $186,897,000 (-39.44%) | $308,607,000 (-40.18%) | $515,882,000 (-19.28%) | $639,070,000 (-15.51%) |
Debt Current | $14,471,000 (-68.99%) | $46,673,000 (-16.24%) | $55,719,000 (5.20%) | $52,964,000 (-16.20%) |
Debt Non-Current | $172,426,000 (-34.17%) | $261,934,000 (-43.08%) | $460,163,000 (-21.49%) | $586,106,000 (-15.44%) |
Total Liabilities | $1,521,305,000 (-17.45%) | $1,842,957,000 (-30.61%) | $2,655,921,000 (-26.36%) | $3,606,772,000 (-19.37%) |
Liabilities Current | $801,383,000 (-20.67%) | $1,010,176,000 (-31.66%) | $1,478,144,000 (-22.45%) | $1,905,955,000 (-13.20%) |
Liabilities Non-Current | $719,922,000 (-13.55%) | $832,781,000 (-29.29%) | $1,177,777,000 (-30.75%) | $1,700,817,000 (-25.32%) |
STG Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $1,990,204,000 (-7.84%) | $2,159,584,000 (-7.04%) | $2,323,101,000 (-7.37%) | $2,507,817,000 (13.80%) |
Cost of Revenue | $317,570,000 (19.60%) | $265,528,000 (-23.73%) | $348,150,000 (-7.45%) | $376,189,000 (-2.86%) |
Selling General & Administrative Expense | $1,349,721,000 (5.00%) | $1,285,440,000 (-2.26%) | $1,315,175,000 (-32.76%) | $1,956,038,000 (-18.46%) |
Research & Development Expense | $25,008,000 (-25.84%) | $33,723,000 (-21.27%) | $42,834,000 (-30.15%) | $61,325,000 (-7.82%) |
Operating Expenses | $1,374,729,000 (4.21%) | $1,319,163,000 (-2.86%) | $1,358,009,000 (-32.68%) | $2,017,363,000 (-18.18%) |
Interest Expense | $5,293,000 (-30.87%) | $7,657,000 (-23.88%) | $10,059,000 (-7.96%) | $10,929,000 (-6.53%) |
Income Tax Expense | $1,300,000 (-94.83%) | $25,166,000 (109.86%) | $11,992,000 (161.13%) | -$19,618,000 (-8212.71%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $342,082,000 (-46.62%) | $640,831,000 (-0.34%) | $643,009,000 (202.78%) | $212,366,000 (149.27%) |
Net Income to Non-Controlling Interests | $0 (0%) | $1,000 (100.11%) | -$950,000 (85.80%) | -$6,690,000 (-1400.00%) |
Net Income | $342,082,000 (-46.62%) | $640,830,000 (-0.49%) | $643,959,000 (193.97%) | $219,056,000 (150.88%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $342,082,000 (-46.62%) | $640,830,000 (-0.49%) | $643,959,000 (193.97%) | $219,056,000 (150.88%) |
Weighted Average Shares | $6,824,824 (-1.08%) | $6,899,456 (0.87%) | $6,840,079 (1.67%) | $6,727,552 (-0.39%) |
Weighted Average Shares Diluted | $6,824,824 (-1.08%) | $6,899,456 (0.87%) | $6,840,079 (1.67%) | $6,727,552 (-0.39%) |
Earning Before Interest & Taxes (EBIT) | $348,675,000 (-48.24%) | $673,653,000 (1.15%) | $666,010,000 (216.59%) | $210,367,000 (150.20%) |
Gross Profit | $1,672,634,000 (-11.69%) | $1,894,056,000 (-4.10%) | $1,974,951,000 (-7.35%) | $2,131,628,000 (17.35%) |
Operating Income | $297,905,000 (-48.18%) | $574,893,000 (-6.82%) | $616,942,000 (439.92%) | $114,265,000 (117.61%) |
STG Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$358,860,000 (-399.68%) | -$71,818,000 (-174.67%) | $96,182,000 (-71.93%) | $342,681,000 (198.10%) |
Net Cash Flow from Financing | -$112,728,000 (-50.99%) | -$74,658,000 (-9.94%) | -$67,911,000 (-74.56%) | -$38,904,000 (34.15%) |
Net Cash Flow from Operations | $195,519,000 (38.86%) | $140,798,000 (1439.79%) | $9,144,000 (102.45%) | -$373,251,000 (-97.86%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$259,149,000 (-2987.78%) | $8,974,000 (-88.88%) | $80,681,000 (196.06%) | -$83,987,000 (86.91%) |
Net Cash Flow - Business Acquisitions and Disposals | $7,364,000 (257.48%) | $2,060,000 (369.99%) | -$763,000 (-105.96%) | $12,799,000 (373.51%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$365,857,000 (-440.90%) | -$67,638,000 (-167.56%) | $100,113,000 (-69.90%) | $332,622,000 (202.32%) |
Capital Expenditure | -$220,000 (96.10%) | -$5,645,000 (-78.19%) | -$3,168,000 (-2878.95%) | $114,000 (100.44%) |
Issuance (Repayment) of Debt Securities | -$101,779,000 (-163.31%) | -$38,654,000 (0.00%) | -$38,654,000 (-13.56%) | -$34,038,000 (-4.73%) |
Issuance (Purchase) of Equity Shares | -$10,949,000 (-130.51%) | -$4,750,000 (-243.72%) | $3,305,000 (167.92%) | -$4,866,000 (81.69%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | -$31,254,000 (4.02%) | -$32,562,000 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $16,920,000 (15.48%) | $14,652,000 (-66.14%) | $43,266,000 (398.12%) | -$14,513,000 (67.38%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $7,181,000 (835.03%) | $768,000 (-97.42%) |
Depreciation Amortization & Accretion | $47,593,000 (-12.35%) | $54,300,000 (-26.18%) | $73,562,000 (-20.98%) | $93,087,000 (131.17%) |
STG Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 84.00% (-4.22%) | 87.70% (3.18%) | 85.00% (0.00%) | 85.00% (3.16%) |
Profit Margin | 17.20% (-42.09%) | 29.70% (7.22%) | 27.70% (218.39%) | 8.70% (144.62%) |
EBITDA Margin | 19.90% (-40.95%) | 33.70% (5.97%) | 31.80% (162.81%) | 12.10% (170.35%) |
Return on Average Equity (ROAE) | 67.40% (-94.11%) | 1143.50% (1328.25%) | -93.10% (-372.59%) | -19.70% (-144.57%) |
Return on Average Assets (ROAA) | 15.90% (-47.00%) | 30.00% (13.21%) | 26.50% (253.33%) | 7.50% (163.03%) |
Return on Sales (ROS) | 17.50% (-43.91%) | 31.20% (8.71%) | 28.70% (241.67%) | 8.40% (144.21%) |
Return on Invested Capital (ROIC) | 39.10% (-63.22%) | 106.30% (-4.15%) | 110.90% (345.38%) | 24.90% (166.94%) |
Dividend Yield | 0% (0%) | 0% (0%) | 8.60% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 1.65 (5.99%) | 1.55 (43.93%) | 1.08 (-44.55%) | 1.95 (169.60%) |
Price to Sales Ratio (P/S) | 0.28 (-38.61%) | 0.46 (54.18%) | 0.3 (75.88%) | 0.17 (-68.86%) |
Price to Book Ratio (P/B) | 0.93 (-73.98%) | 3.58 (297.68%) | -1.81 (-328.91%) | -0.42 (57.88%) |
Debt to Equity Ratio (D/E) | 2.53 (-61.97%) | 6.65 (193.80%) | -7.09 (-98.43%) | -3.57 (3.20%) |
Earnings Per Share (EPS) | 25.06 (-46.04%) | 46.44 (-1.34%) | 47.07 (189.13%) | 16.28 (151.08%) |
Sales Per Share (SPS) | 19.97 (-9.52%) | 22.07 (-9.40%) | 24.36 (-16.34%) | 29.12 (16.74%) |
Free Cash Flow Per Share (FCFPS) | 14.31 (46.09%) | 9.79 (2141.19%) | 0.44 (101.58%) | -27.73 (-74.48%) |
Book Value Per Share (BVPS) | 44.06 (119.44%) | 20.08 (173.34%) | -27.37 (63.50%) | -75.01 (16.37%) |
Tangible Assets Book Value Per Share (TABVPS) | 155.35 (1.23%) | 153.46 (-7.71%) | 166.27 (-13.62%) | 192.48 (-19.90%) |
Enterprise Value Over EBIT (EV/EBIT) | 1 (0.00%) | 1 (0.00%) | 1 (-50.00%) | 2 (200.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 0.7 (-8.89%) | 0.77 (-7.72%) | 0.83 (-21.42%) | 1.05 (141.26%) |
Asset Turnover | 0.92 (-8.61%) | 1.01 (5.87%) | 0.95 (11.32%) | 0.86 (40.49%) |
Current Ratio | 1.1 (8.03%) | 1.02 (55.64%) | 0.66 (11.00%) | 0.59 (-16.53%) |
Dividends | $0 (0%) | $0 (0%) | $0.63 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $195,299,000 (44.50%) | $135,153,000 (2161.60%) | $5,976,000 (101.60%) | -$373,137,000 (-73.79%) |
Enterprise Value (EV) | $37,827,922 (-51.84%) | $78,543,502 (-10.76%) | $88,009,483 (75.97%) | $50,014,421 (-66.23%) |
Earnings Before Tax (EBT) | $343,382,000 (-48.44%) | $665,996,000 (1.53%) | $655,951,000 (228.90%) | $199,438,000 (146.30%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $396,268,000 (-45.56%) | $727,953,000 (-1.57%) | $739,572,000 (143.72%) | $303,454,000 (180.11%) |
Invested Capital | $998,725,000 (53.75%) | $649,584,000 (17.06%) | $554,895,000 (-14.14%) | $646,251,000 (-38.22%) |
Working Capital | $82,930,000 (284.33%) | $21,578,000 (104.24%) | -$509,040,000 (34.69%) | -$779,371,000 (-21.50%) |
Tangible Asset Value | $2,120,440,000 (0.14%) | $2,117,531,000 (-6.90%) | $2,274,561,000 (-12.17%) | $2,589,859,000 (-20.22%) |
Market Capitalization | $76,657,629 (-45.17%) | $139,818,502 (43.80%) | $97,232,154 (45.95%) | $66,619,050 (-64.12%) |
Average Equity | $507,370,750 (805.36%) | $56,041,000 (108.10%) | -$691,856,500 (37.69%) | -$1,110,347,500 (-13.90%) |
Average Assets | $2,156,592,250 (0.91%) | $2,137,158,500 (-12.21%) | $2,434,345,000 (-16.82%) | $2,926,757,000 (-19.03%) |
Invested Capital Average | $892,172,750 (40.80%) | $633,625,500 (5.50%) | $600,573,000 (-29.02%) | $846,164,500 (-24.92%) |
Shares | 6,783,861 (-1.31%) | 6,874,066 (3.08%) | 6,668,872 (-0.90%) | 6,729,197 (-1.23%) |