17 Education & Technology Group

17 Education & Technology Group, Inc. engages in the provision of educational technology solutions. Its in-school plus after-school integrated model delivers data-driven teaching, learning and assessment products to teachers, students and parents. The firm offers online K-12 large-class after-school tutoring services that complement students' in-school learning. The company was founded by Jia Wei Gan and Bing Yuan on October 30, 2012 and is headquartered Beijing, China.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

17 Education & Technology Group (YQ) reports robust Q1 performance

17 Education & Technology Group (YQ) delivered strong financial results in Q1 2024 with revenue growth and improved margins
The company's focus on SaaS teaching, strategic partnerships, and operational efficiency highlights its commitment to growth
Despite challenges in a competitive market, opportunities lie in expanding customer base and advancing educational digitalization

17 Education & Technology Group reports strong Q2 growth and strategic partnerships

17 Education & Technology Group delivered robust Q2 2024 results with significant revenue growth and strategic advancements.
While facing challenges of increased losses, the company's focus on user engagement and partnerships offers promising growth prospects.
Striking a balance between revenue growth and cost management will be crucial for sustainable profitability and long-term success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

New Oriental Education & Technology Group

GSX Techedu Inc.

Hailiang Education Group

RYB Education

TAL Education Group

Tarena International

Zhangmen Education

This week may look like any other for most people, but it has turned into a sudden life-or-death situation for many of China's private education companies. Among the roughly dozen U.S.-listed Chinese education companies, three of the largest ones took the biggest hits, with TAL Education, Gaotu Techedu, and New Oriental down 71%, 63%, and 54%, respectively.

Education Stocks Could Offer Bargains - For Those Who Choose Correctly

New regulations could decimate China's $100 billion private education industry.

Why New Oriental, TAL, and Other Chinese Education Stocks Crashed Today

Bright Scholar Education Hlds

China Online Education Group

iShares MSCI China ETF

RISE Education Cayman

Shares of China-based education companies took a beating in Friday, amid media reports that the Chinese government is mulling new regulations concerning after-school tutoring services.

China-based education stocks rocked on worries over new PRC regulations

BEIJING, July 23, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today noted that certain English and Chinese language media outlets reported that the PRC regulators are considering a new set of regulations concerning after-school tutoring service related to school subjects taught in China's compulsory education system. The regulations have not been published, and the Company has not received official notification of the regulations. It is the Company's policy not to comment on market speculations.

17 Education & Technology Group Inc. Responds to Media Reports

The stock price of 17 Education & Technology Group Inc (NASDAQ: YQ) fell by over 40% pre-market. This is why it happened.

YQ Stock Fell Over 40% Pre-Market: Why It Happened

Shares of several Chinese education stocks are trading lower following reports suggesting China will impose tougher restrictions on the private tutoring industry, including bans on vacation tutoring. Analysts from Morgan Stanley also downgraded the Chinese education stocks.

Why Chinese Education Stocks Are Trading Lower Today

17 Education & Technology Group Inc. (YQ) CEO Andy Chang Liu on Q1 2021 Results - Earnings Call Transcript

BEIJING, May 24, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today announced its unaudited financial results for the first quarter ended March 31, 2021.

17 Education & Technology Group Inc. Announces First Quarter 2021 Unaudited Financial Results

BEIJING, May 17, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2021, on May 24, 2021 after the close of U.S. markets.

17 Education & Technology Group Inc. to Report First Quarter 2021 Unaudited Financial Results on May 24, 2021

17 Education & Technology Group Inc. (YQ) CEO Andy Chang Liu on Q4 2020 Results - Earnings Call Transcript

BEIJING, March 08, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2020.

17 Education & Technology Group Inc. Announces Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results

BEIJING, Feb. 26, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020, on March 8, 2021 after the close of U.S. markets.

17 Education & Technology Group Inc. to Report Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results on March 8, 2021

17 Education & Technology (YQ) stock is catching the interest of investors on Wednesday as shares see heavy trading following its IPO. The post 17 Education & Technology IPO: 9 Things to Know About Newly Public YQ Stock appeared first on InvestorPlace.

17 Education & Technology IPO: 9 Things to Know About Newly Public YQ Stock

Fintech Acquisition Corp. V Units

Knnate Biopharma

Ammo

Silverback Therapeutics

Seer

The first week of the December IPO market saw eight IPOs and ten SPACs raise $3.9 billion, led by Chinese education technology group 17 Education & Technology Group. Two companies, Ondas and AMMO Inc., completed uplistings on the Nasdaq.

U.S. IPO Weekly Recap: The IPO Market Is Taught A Thing Or Two In An 8 IPO Week

Shunwei CEO Tuck Lye Koh ranked No. 42 on the 2020 Forbes Midas List.

17 Education's Nasdaq Debut Gives China VC Shunwei Its 8th IPO In 2020

News for 17 Education & Technology Group Stock (YQ)