Financials 17 Education & Technology Group Inc.

Equities

YQ

US81807M3043

Miscellaneous Educational Service Providers

End-of-day quote Nasdaq 06:00:00 2024-04-23 pm EDT 5-day change 1st Jan Change
2.75 USD +5.36% Intraday chart for 17 Education & Technology Group Inc. +23.32% +32.85%

Valuation

Fiscal Period: December 2020 2021 2022
Capitalization 1 15,703 391.6 718.4
Enterprise Value (EV) 1 13,044 -652.1 11.23
P/E ratio -0.75 x -0.27 x -3.98 x
Yield - - -
Capitalization / Revenue 12.1 x 0.18 x 1.35 x
EV / Revenue 10.1 x -0.3 x 0.02 x
EV / EBITDA -10.1 x 0.51 x -0.06 x
EV / FCF -294,599,479 x 559,305 x -24,989 x
FCF Yield -0% 0% -0%
Price to Book 7.78 x 0.51 x 0.85 x
Nbr of stocks (in thousands) 9,393 9,863 10,212
Reference price 2 1,672 39.70 70.35
Announcement Date 4/9/21 4/27/22 4/26/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022
Net sales 1 310.7 406.2 1,294 2,185 531.1
EBITDA 1 -683.7 -977.4 -1,294 -1,287 -186.4
EBIT 1 -699.5 -1,000 -1,334 -1,352 -211.1
Operating Margin -225.14% -246.18% -103.07% -61.9% -39.76%
Earnings before Tax (EBT) 1 -656.1 -963.8 -1,340 -1,442 -177.9
Net income 1 -656.1 -963.8 -1,340 -1,442 -177.9
Net margin -211.15% -237.23% -103.52% -66.01% -33.49%
EPS 2 -924.9 -1,362 -2,234 -145.9 -17.69
Free Cash Flow - -343.3 -44.28 -1,166 -449.3
FCF margin - -84.51% -3.42% -53.37% -84.6%
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share - - - - -
Announcement Date 11/13/20 11/13/20 4/9/21 4/27/22 4/26/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022
Net Debt 1 - - - - -
Net Cash position 1 1,230 506 2,659 1,044 707
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - -343 -44.3 -1,166 -449
ROE (net income / shareholders' equity) - -147% -118% -101% -22.9%
ROA (Net income/ Total Assets) - -53% -38.7% -34% -10.3%
Assets 1 - 1,819 3,461 4,240 1,726
Book Value Per Share 2 -2,914 -3,901 215.0 78.40 83.10
Cash Flow per Share 2 1,205 565.0 295.0 116.0 77.50
Capex 1 33.9 48.6 89.5 129 2.76
Capex / Sales 10.93% 11.96% 6.91% 5.92% 0.52%
Announcement Date 11/13/20 11/13/20 4/9/21 4/27/22 4/26/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Chiffre d''affaires - Rate of surprise

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