Gaotu Techedu Inc. (GOTU) Depreciation USD 2019 - 2023

Historical data

Taxonomy & unit
us-gaap: CNY and USD
Description
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Summary
Gaotu Techedu Inc. annual Depreciation history and growth rate from 2019 to 2023.
  • Gaotu Techedu Inc. annual Depreciation for 2023 was $7.15 M, a 28.4% decline from 2022.
  • Gaotu Techedu Inc. annual Depreciation for 2022 was $9.98 M, a 41.4% decline from 2021.
  • Gaotu Techedu Inc. annual Depreciation for 2021 was $17 M, a 99.2% increase from 2020.
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $7.15 M -$2.83 M -28.4% Jan 1, 2023 Dec 31, 2023 20-F 2024-04-25
2022 $9.98 M -$7.04 M -41.4% Jan 1, 2022 Dec 31, 2022 20-F 2023-04-18
2021 $17 M +$8.47 M +99.2% Jan 1, 2021 Dec 31, 2021 20-F 2022-04-26
2020 $8.54 M +$6.83 M +399% Jan 1, 2020 Dec 31, 2020 20-F 2021-04-26
2019 $1.71 M Jan 1, 2019 Dec 31, 2019 20-F 2020-04-03
* An asterisk sign (*) next to the value indicates that the value is likely invalid.