Gaotu Techedu Inc. financial data

Symbol
GOTU on NYSE
Industry
Services-Educational Services
Location
5 F, Gientech Building, 17 East Zone, 10 Xibeiwang East Road, Haidian, Beijing, China
State of incorporation
Cayman Islands
Fiscal year end
December 31
Former names
GSX Techedu Inc. (to 6/7/2021)
Latest financial report
Q4 2023 - Apr 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Operating Margin -5.03 % -6.56%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 172 M shares -0.43%
Weighted Average Number of Shares Outstanding, Basic 174 M shares +0.85%
Weighted Average Number of Shares Outstanding, Diluted 174 M shares -1.29%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 417 M USD +15.1%
Cost of Revenue 111 M USD +9.5%
Research and Development Expense 65.1 M USD +0.84%
General and Administrative Expense 50.2 M USD +19.2%
Operating Income (Loss) -21 M USD -22.6%
Income Tax Expense (Benefit) 1.5 M USD
Net Income (Loss) Attributable to Parent -1.03 M USD -154%
Earnings Per Share, Basic -0.01 USD/shares -200%
Earnings Per Share, Diluted -0.01 USD/shares -200%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 89.6 M USD -24.6%
Inventory, Net 3.46 M USD +4.87%
Other Assets, Current 18.4 M CNY +348%
Assets, Current 505 M USD -16.4%
Deferred Income Tax Assets, Net 1.59 M USD -29.9%
Property, Plant and Equipment, Net 75.1 M USD -6.11%
Operating Lease, Right-of-Use Asset 26.7 M USD +120%
Intangible Assets, Net (Excluding Goodwill) 2.29 M USD -16.8%
Goodwill 47 K USD -2.08%
Other Assets, Noncurrent 225 K USD -29%
Assets 762 M USD +7.85%
Employee-related Liabilities, Current 410 M CNY +36.1%
Liabilities, Current 278 M USD +19.1%
Deferred Income Tax Liabilities, Net 10.1 M USD -6.17%
Operating Lease, Liability, Noncurrent 19.4 M USD +203%
Other Liabilities, Noncurrent 0 USD -100%
Liabilities 325 M USD +25.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.68 M USD +49.6%
Retained Earnings (Accumulated Deficit) -678 M USD +2.51%
Stockholders' Equity Attributable to Parent 438 M USD -2.53%
Liabilities and Equity 762 M USD +7.85%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 49.8 M USD +530%
Net Cash Provided by (Used in) Financing Activities -12.7 M USD
Net Cash Provided by (Used in) Investing Activities -59.7 M USD -160%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -21.1 M USD -88.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 94.4 M USD -18.3%
Deferred Tax Assets, Valuation Allowance 1.4 B CNY +3.41%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Deferred Tax Assets, Gross 1.41 B CNY +3.05%
Operating Lease, Liability 188 M CNY +128%
Depreciation 7.15 M USD -28.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 3.32 M USD -75.2%
Property, Plant and Equipment, Gross 712 M CNY +3.56%
Operating Lease, Liability, Current 7.11 M USD +28%
Lessee, Operating Lease, Liability, to be Paid, Year Two 58.6 M CNY +78.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 62 M CNY +86.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) 1.91 M CNY
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 29.5 M CNY +289%
Lessee, Operating Lease, Liability, to be Paid, Year Three 34.4 M CNY +74%
Deferred Tax Assets, Operating Loss Carryforwards 641 M CNY +9.67%
Current Income Tax Expense (Benefit) 8.74 M CNY +359%
Lessee, Operating Lease, Liability, to be Paid, Year Four 25.3 M CNY +503%
Operating Lease, Payments 43.4 M CNY +17.1%
Amortization of Intangible Assets 2.71 M CNY +136%
Deferred Tax Assets, Net of Valuation Allowance 11.3 M CNY -27.9%
Share-based Payment Arrangement, Expense 58.4 M CNY -52.4%