Four Seasons Education (Cayman) Inc. (FEDU) 10-Year Financial Performance & Capital Metrics

FEDU • • Industrial / General

Consumer DefensiveEducation & TrainingK-12 Education ServicesAfter-School Tutoring & Test Prep

AboutFour Seasons Education (Cayman) Inc. provides after-school education services for kindergarten, elementary, and middle school students in the People's Republic of China. It also offers consulting service. The company was founded in 2007 and is headquartered in Shanghai, the People's Republic of China.Show more

Revenue $251M +100.1%
EBITDA -$4M +23.9%
Net Income $801K -83.9%
EPS (Diluted) 3.80 -81.9%
Gross Margin 18.77% -48.2%
EBITDA Margin -1.49% +62.0%
Operating Margin -6.27% +15.2%
Net Margin 0.32% -91.9%
ROE 0.16% -83.8%
ROIC -3.02% -58.4%
Debt/Equity 0.19 +138.8%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Share count reduced 10.1% through buybacks
✓Trading at only 0.0x book value

✗Weaknesses

✗Negative free cash flow
✗Sales declining 8.4% over 5 years
✗Dividend payout exceeds 100% of earnings
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-8.39%

3Y0.11%

TTM100.15%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-83.85%

EPS CAGR

10Y-

5Y-

3Y-

TTM-82.04%

ROCE

10Y Avg6.7%

5Y Avg-5.32%

3Y Avg-3.8%

Latest-2.71%

Peer Comparison

After-School Tutoring & Test Prep

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TALTAL Education Group	5.3B	11.49	82.07	50.98%	6.45%	4.98%	5.39%	0.09
EDUNew Oriental Education & Technology Group Inc.	8.87B	55.73	24.23	13.6%	7.59%	9.4%	7.19%	0.20
FEDUFour Seasons Education (Cayman) Inc.	27.28M	12.07	3.18	100.15%	0.32%	0.16%		0.19
AMBOAmbow Education Holding Ltd.	7.13M	2.72	0.17	5.4%	-26.05%	-241.15%	6.1%	1.31
AACGATA Creativity Global	32.41M	1.02	-0.44	20.96%	-3.03%	-14.43%		0.44
GOTUGaotu Techedu Inc.	318.35M	2.41	-0.87	55.99%	-6.4%	-26.51%	25.06%	0.25

Profit & Loss

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Sales/Revenue+	93.8M	203.19M	300.53M	335.64M	389.05M	280.28M	250.22M	34.22M	125.44M	251.08M
Revenue Growth %	-	1.17%	0.48%	0.12%	0.16%	-0.28%	-0.11%	-0.86%	2.67%	1%
Cost of Goods Sold+	54.99M	85.35M	109.44M	171.82M	200.93M	168.83M	149.62M	19.92M	79.95M	203.94M
COGS % of Revenue	0.59%	0.42%	0.36%	0.51%	0.52%	0.6%	0.6%	0.58%	0.64%	0.81%
Gross Profit+	38.81M	117.84M	191.09M	163.82M	188.12M	111.45M	100.61M	14.29M	45.49M	47.13M
Gross Margin %	0.41%	0.58%	0.64%	0.49%	0.48%	0.4%	0.4%	0.42%	0.36%	0.19%
Gross Profit Growth %	-	2.04%	0.62%	-0.14%	0.15%	-0.41%	-0.1%	-0.86%	2.18%	0.04%
Operating Expenses+	66.16M	83.73M	128.37M	161.93M	298.73M	147.93M	166.82M	49.96M	54.76M	62.87M
OpEx % of Revenue	0.71%	0.41%	0.43%	0.48%	0.77%	0.53%	0.67%	1.46%	0.44%	0.25%
Selling, General & Admin	32.55M	54.63M	129.5M	160.09M	172.97M	147.93M	107.34M	49.96M	51.09M	62.87M
SG&A % of Revenue	0.35%	0.27%	0.43%	0.48%	0.44%	0.53%	0.43%	1.46%	0.41%	0.25%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	33.6M	29.1M	-1.13M	1.84M	125.75M	0	59.48M	0	3.67M	0
Operating Income+	6.26M	63.2M	61.59M	3.73M	15.14M	-36.48M	-66.21M	-35.66M	-9.27M	-15.74M
Operating Margin %	0.07%	0.31%	0.2%	0.01%	0.04%	-0.13%	-0.26%	-1.04%	-0.07%	-0.06%
Operating Income Growth %	-	9.09%	-0.03%	-0.94%	3.06%	-3.41%	-0.82%	0.46%	0.74%	-0.7%
EBITDA+	6.79M	64.96M	68.13M	21.69M	34.9M	-20.77M	-56.04M	-32.07M	-4.92M	-3.74M
EBITDA Margin %	0.07%	0.32%	0.23%	0.06%	0.09%	-0.07%	-0.22%	-0.94%	-0.04%	-0.01%
EBITDA Growth %	-	8.56%	0.05%	-0.68%	0.61%	-1.6%	-1.7%	0.43%	0.85%	0.24%
D&A (Non-Cash Add-back)	530K	1.75M	6.54M	17.96M	19.75M	15.7M	10.18M	3.59M	4.35M	12M
EBIT	6.56M	63.2M	64.02M	5.84M	24.71M	-36.48M	-4.44M	-34.25M	-4.87M	-14.33M
Net Interest Income+	1.09M	3.04M	5.55M	6.76M	5.23M	3.4M	3.23M	2.28M	7.24M	16.2M
Interest Income	1.09M	3.04M	5.55M	6.76M	5.23M	3.4M	3.23M	2.28M	7.24M	16.2M
Interest Expense	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	-32.51M	-26.06M	6.68M	7.51M	0	13.35M	-30.68M	3.17M	13.15M	15.83M
Pretax Income+	-26.25M	37.14M	68.27M	8.65M	-105.38M	-23.13M	-96.89M	-32.49M	3.88M	95K
Pretax Margin %	-0.28%	0.18%	0.23%	0.03%	-0.27%	-0.08%	-0.39%	-0.95%	0.03%	0%
Income Tax+	4.84M	19.8M	26.42M	10.12M	4.19M	4.76M	21.84M	993K	1.1M	722K
Effective Tax Rate %	1.18%	0.37%	0.54%	-0.07%	1.04%	1.22%	1.17%	0.91%	1.28%	8.43%
Net Income+	-30.98M	13.61M	36.6M	-601K	-109.49M	-28.2M	-113.46M	-29.67M	4.96M	801K
Net Margin %	-0.33%	0.07%	0.12%	-0%	-0.28%	-0.1%	-0.45%	-0.87%	0.04%	0%
Net Income Growth %	-	1.44%	1.69%	-1.02%	-181.18%	0.74%	-3.02%	0.74%	1.17%	-0.84%
Net Income (Continuing)	-31.09M	17.34M	41.84M	-1.47M	-109.57M	-27.89M	-118.73M	-33.49M	2.77M	-627K
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	488K	5.78M	6.41M	44.24M	44.2M	57.7M	56.55M	54.16M	51.14M	50.54M
EPS (Diluted)+	-219.90	94.00	198.00	-2.50	-463.00	-122.00	-504.50	-140.00	21.00	3.80
EPS Growth %	-	1.43%	1.11%	-1.01%	-184.2%	0.74%	-3.14%	0.72%	1.15%	-0.82%
EPS (Basic)	-220.50	97.20	214.60	-2.50	-462.60	-121.90	-504.50	-139.70	21.00	3.80
Diluted Shares Outstanding	140.87K	238.22K	256.67K	240.53K	236.69K	231.31K	224.91K	224.91K	236.15K	212.35K
Basic Shares Outstanding	140.5K	192.22K	184.87K	240.53K	236.69K	231.31K	224.91K	224.91K	236.24K	211.89K
Dividend Payout Ratio	-	-	3.34%	-	-	-	-	-	-	43.55%

Balance Sheet

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Total Current Assets+	85.87M	282.62M	595.02M	527.4M	616.22M	517.49M	525.98M	511.19M	322.58M	296.98M
Cash & Short-Term Investments	42.33M	230.97M	583.32M	503.95M	596.47M	506.56M	508.43M	491.87M	296.04M	266.21M
Cash Only	42.33M	230.97M	583.32M	471.24M	404.65M	410M	262.43M	175.7M	180.2M	210.77M
Short-Term Investments	0	0	0	32.72M	191.82M	127.56M	246M	316.17M	115.84M	55.44M
Accounts Receivable	254K	6.5M	11.7M	23.33M	19.75M	10.93M	17.55M	19.32M	26.54M	30.27M
Days Sales Outstanding	0.99	11.69	14.21	25.37	18.52	14.23	25.6	206.1	77.22	44
Inventory	2.55M	5.57M	-6.01M	-55.35M	-200.31M	-138.12M	-261.52M	0	0	0
Days Inventory Outstanding	16.93	23.81	-	-	-	-	-	-	-	-
Other Current Assets	42.15M	51.43M	6.01M	55.35M	200.31M	138.12M	261.52M	0	0	496K
Total Non-Current Assets+	5.08M	13.51M	197.26M	404.66M	421.4M	453.04M	76.55M	89.85M	351.58M	434.16M
Property, Plant & Equipment	2.35M	7.39M	23.92M	27M	209.82M	166.5M	44.13M	43.36M	93.3M	165.41M
Fixed Asset Turnover	39.95x	27.48x	12.56x	12.43x	1.85x	1.68x	5.67x	0.79x	1.34x	1.52x
Goodwill	0	557K	557K	149.78M	35.16M	36.97M	0	0	1.13M	1.13M
Intangible Assets	0	0	0	43.9M	8.77M	7.12M	3.27M	2.48M	1.86M	1.43M
Long-Term Investments	116K	0	158.24M	163.16M	105.71M	203.42M	14M	41.08M	130.82M	135.57M
Other Non-Current Assets	2.13M	4.54M	10.49M	11.29M	48.49M	22.78M	14.29M	2.33M	124.48M	130.62M
Total Assets+	90.95M	296.13M	792.28M	932.05M	1.04B	970.52M	602.53M	601.04M	674.16M	731.14M
Asset Turnover	1.03x	0.69x	0.38x	0.36x	0.37x	0.29x	0.42x	0.06x	0.19x	0.34x
Asset Growth %	-	2.26%	1.68%	0.18%	0.11%	-0.06%	-0.38%	-0%	0.12%	0.08%
Total Current Liabilities+	52.31M	124.68M	134.33M	164.22M	213.02M	226.99M	93.57M	87.38M	106.82M	135.59M
Accounts Payable	0	0	0	0	0	0	0	0	0	3.75M
Days Payables Outstanding	-	-	-	-	-	-	-	-	-	6.7
Short-Term Debt	0	0	390K	0	0	1.39M	723K	283K	503K	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	29.83M	57.63M	6.79M	10.66M	33.51M	24.62M	9.49M	7.33M	12.41M	8.72M
Current Ratio	1.64x	2.27x	4.43x	3.21x	2.89x	2.28x	5.62x	5.85x	3.02x	2.19x
Quick Ratio	1.59x	2.22x	4.47x	3.55x	3.83x	2.89x	8.42x	5.85x	3.02x	2.19x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	39.59M	0	0	10.9M	149.65M	93.82M	6.47M	1.77M	41.2M	90.4M
Long-Term Debt	0	0	0	0	0	0	0	0	40M	82.13M
Capital Lease Obligations	0	0	0	0	147.51M	92.14M	5.74M	1.2M	1.2M	8.27M
Deferred Tax Liabilities	0	0	0	10.9M	2.14M	1.67M	725K	575K	0	0
Other Non-Current Liabilities	39.59M	0	0	0	0	1.67M	725K	575K	0	0
Total Liabilities	91.9M	124.68M	134.33M	175.12M	362.66M	320.8M	100.04M	89.15M	148.02M	225.99M
Total Debt+	0	0	390K	10.72M	199.35M	144.82M	9.65M	4.01M	42.88M	98.3M
Net Debt	-42.33M	-230.97M	-582.93M	-460.52M	-205.3M	-265.19M	-252.78M	-171.69M	-137.31M	-112.47M
Debt / Equity	-	-	0.00x	0.01x	0.28x	0.22x	0.02x	0.01x	0.08x	0.19x
Debt / EBITDA	-	-	0.01x	0.49x	5.71x	-	-	-	-	-
Net Debt / EBITDA	-6.23x	-3.56x	-8.56x	-21.23x	-5.88x	-	-	-	-	-
Interest Coverage	-	-	-	-	-	-	-	-	-	-
Total Equity+	-947K	171.44M	657.95M	794.76M	719.15M	646.39M	502.49M	511.89M	526.14M	505.15M
Equity Growth %	-	182.04%	2.84%	0.21%	-0.1%	-0.1%	-0.22%	0.02%	0.03%	-0.04%
Book Value per Share	-6.72	719.68	2563.43	3304.15	3038.39	2794.44	2234.19	2275.97	2228.05	2378.88
Total Shareholders' Equity	-1.44M	165.66M	651.53M	750.52M	674.95M	588.69M	445.94M	457.73M	475M	454.61M
Common Stock	9K	9K	15K	15K	15K	15K	14K	14K	14K	15K
Retained Earnings	-30.59M	-12.92M	0	-601K	-110.09M	-138.29M	-252.63M	-282.3M	-277.34M	-276.54M
Treasury Stock	0	0	0	0	-27.9M	-27.9M	-55.69M	-55.93M	-56.09M	-45.12M
Accumulated OCI	2.03M	6.46M	-28.31M	1.61M	26.09M	-13.29M	-22.77M	15.76M	25.11M	28.87M
Minority Interest	488K	5.78M	6.41M	44.24M	44.2M	57.7M	56.55M	54.16M	51.14M	50.54M

Cash Flow

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Cash from Operations+	1.01M	119.48M	95.96M	53.15M	82.19M	31.12M	-91.32M	-25.49M	16.56M	20M
Operating CF Margin %	0.01%	0.59%	0.32%	0.16%	0.21%	0.11%	-0.36%	-0.75%	0.13%	0.08%
Operating CF Growth %	-	117.41%	-0.2%	-0.45%	0.55%	-0.62%	-3.93%	0.72%	1.65%	0.21%
Net Income	-30.98M	17.67M	44.37M	-601K	-109.49M	-28.2M	-113.46M	-29.67M	4.96M	-627K
Depreciation & Amortization	530K	1.75M	6.54M	17.96M	19.75M	15.7M	10.18M	3.59M	4.35M	12M
Stock-Based Compensation	942K	3.36M	23.47M	32.25M	30.86M	27.51M	9M	3.17M	3.12M	5.03M
Deferred Taxes	0	0	0	0	0	0	0	0	26K	0
Other Non-Cash Items	55.64M	78.63M	7.2M	-27.11M	170.64M	53.05M	81.18M	6.62M	-583K	-2.35M
Working Capital Changes	-25.12M	18.06M	14.38M	30.65M	-29.56M	-36.95M	-78.22M	-9.21M	4.68M	5.96M
Change in Receivables	-254K	152K	-5.46M	4.94M	-665K	1.01M	-1.68M	1.15M	-289K	-4.88M
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	0	0	0	0	0	3.75M
Cash from Investing+	-6.92M	-10.18M	-170.45M	-187.22M	-98.75M	-68M	4.3M	-96.7M	71.48M	2.52M
Capital Expenditures	-1.63M	-6.66M	-23.11M	-17.87M	-9.19M	-10.44M	-9.88M	-8.66M	-56.62M	-57.25M
CapEx % of Revenue	0.02%	0.03%	0.08%	0.05%	0.02%	0.04%	0.04%	0.25%	0.45%	0.23%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-4.49M	-7.36M	-146.03M	-35.45M	-79.44M	0	14.49M	-88.04M	553K	491K
Cash from Financing+	600K	74.9M	461.61M	-561K	-26.42M	198K	-25.55M	-838K	41.27M	12.37M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	-122.09M	-3.68M	0	0	0	0	0	-34.89M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	600K	1.33M	3.16M	2.9M	496K	98K	2.75M	0	0	5.32M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-621K	112.82M	72.85M	35.28M	73.01M	20.68M	-101.2M	-34.15M	-40.06M	-37.24M
FCF Margin %	-0.01%	0.56%	0.24%	0.11%	0.19%	0.07%	-0.4%	-1%	-0.32%	-0.15%
FCF Growth %	-	182.67%	-0.35%	-0.52%	1.07%	-0.72%	-5.89%	0.66%	-0.17%	0.07%
FCF per Share	-4.41	473.58	283.83	146.66	308.46	89.42	-449.94	-151.85	-169.64	-175.40
FCF Conversion (FCF/Net Income)	-0.03x	8.78x	2.62x	-88.43x	-0.75x	-1.10x	0.80x	0.86x	3.34x	24.98x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	15.79M	21.99M	22.01M	13.14M	10.19M	3.31M	156K	57K	53K

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-	15.96%	8.83%	-0.08%	-14.46%	-4.13%	-19.75%	-5.85%	0.96%	0.16%
Return on Invested Capital (ROIC)	-	-	596.47%	1.37%	2.68%	-6.11%	-15.74%	-9.07%	-1.91%	-3.02%
Gross Margin	41.38%	58%	63.58%	48.81%	48.35%	39.76%	40.21%	41.78%	36.27%	18.77%
Net Margin	-33.02%	6.7%	12.18%	-0.18%	-28.14%	-10.06%	-45.34%	-86.7%	3.95%	0.32%
Debt / Equity	-	-	0.00x	0.01x	0.28x	0.22x	0.02x	0.01x	0.08x	0.19x
FCF Conversion	-0.03x	8.78x	2.62x	-88.43x	-0.75x	-1.10x	0.80x	0.86x	3.34x	24.98x
Revenue Growth	-	116.62%	47.91%	11.68%	15.91%	-27.96%	-10.72%	-86.33%	266.63%	100.15%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024	2025
Revenue From Third Parties	-	-	-	-	-	26.56M	123.08M	250.66M
Revenue From Third Parties Growth	-	-	-	-	-	-	363.46%	103.66%
Revenue From Related Parties	-	-	-	-	-	7.66M	2.37M	420K
Revenue From Related Parties Growth	-	-	-	-	-	-	-69.07%	-82.27%
Elementary School	-	-	-	207.72M	165.44M	-	-	-
Elementary School Growth	-	-	-	-	-20.36%	-	-	-
Middle School	-	-	-	50.9M	59.87M	-	-	-
Middle School Growth	-	-	-	-	17.61%	-	-	-
Special Programs And Others	29.66M	6.79M	15.02M	21.71M	25.71M	-	-	-
Special Programs And Others Growth	-	-77.13%	121.31%	44.61%	18.38%	-	-	-
Standard Programs	201.88M	255.15M	269.79M	-	-	-	-	-
Standard Programs Growth	-	26.39%	5.74%	-	-	-	-	-
Ivy Programs	-	75.14M	105.88M	-	-	-	-	-
Ivy Programs Growth	-	-	40.90%	-	-	-	-	-
Ivy Program Classes	70.46M	-	-	-	-	-	-	-
Ivy Program Classes Growth	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Four Seasons Education (Cayman) Inc. (FEDU) has a price-to-earnings (P/E) ratio of 3.2x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Four Seasons Education (Cayman) Inc. (FEDU) reported $251.1M in revenue for fiscal year 2025. This represents a 168% increase from $93.8M in 2016.

Four Seasons Education (Cayman) Inc. (FEDU) grew revenue by 100.1% over the past year. This is strong growth.

Yes, Four Seasons Education (Cayman) Inc. (FEDU) is profitable, generating $0.8M in net income for fiscal year 2025 (0.3% net margin).

Dividend & Returns

Yes, Four Seasons Education (Cayman) Inc. (FEDU) pays a dividend with a yield of 100.00%. This makes it attractive for income-focused investors.

Four Seasons Education (Cayman) Inc. (FEDU) has a return on equity (ROE) of 0.2%. This is below average, suggesting room for improvement.

Four Seasons Education (Cayman) Inc. (FEDU) had negative free cash flow of $37.2M in fiscal year 2025, likely due to heavy capital investments.

US Stock Screener

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Four Seasons Education (Cayman) Inc. (FEDU) 10-Year Financial Performance & Capital Metrics

FEDU • • Industrial / General

Consumer DefensiveEducation & TrainingK-12 Education ServicesAfter-School Tutoring & Test Prep

Revenue $251M +100.1%
EBITDA -$4M +23.9%
Net Income $801K -83.9%
EPS (Diluted) 3.80 -81.9%
Gross Margin 18.77% -48.2%
EBITDA Margin -1.49% +62.0%
Operating Margin -6.27% +15.2%
Net Margin 0.32% -91.9%
ROE 0.16% -83.8%
ROIC -3.02% -58.4%
Debt/Equity 0.19 +138.8%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Share count reduced 10.1% through buybacks
✓Trading at only 0.0x book value

✗Weaknesses

✗Negative free cash flow
✗Sales declining 8.4% over 5 years
✗Dividend payout exceeds 100% of earnings
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-8.39%

3Y0.11%

TTM100.15%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-83.85%

EPS CAGR

10Y-

5Y-

3Y-

TTM-82.04%

ROCE

10Y Avg6.7%

5Y Avg-5.32%

3Y Avg-3.8%

Latest-2.71%

Peer Comparison

After-School Tutoring & Test Prep

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TALTAL Education Group	5.3B	11.49	82.07	50.98%	6.45%	4.98%	5.39%	0.09
EDUNew Oriental Education & Technology Group Inc.	8.87B	55.73	24.23	13.6%	7.59%	9.4%	7.19%	0.20
FEDUFour Seasons Education (Cayman) Inc.	27.28M	12.07	3.18	100.15%	0.32%	0.16%		0.19
AMBOAmbow Education Holding Ltd.	7.13M	2.72	0.17	5.4%	-26.05%	-241.15%	6.1%	1.31
AACGATA Creativity Global	32.41M	1.02	-0.44	20.96%	-3.03%	-14.43%		0.44
GOTUGaotu Techedu Inc.	318.35M	2.41	-0.87	55.99%	-6.4%	-26.51%	25.06%	0.25

Profit & Loss

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Sales/Revenue+	93.8M	203.19M	300.53M	335.64M	389.05M	280.28M	250.22M	34.22M	125.44M	251.08M
Revenue Growth %	-	1.17%	0.48%	0.12%	0.16%	-0.28%	-0.11%	-0.86%	2.67%	1%
Cost of Goods Sold+	54.99M	85.35M	109.44M	171.82M	200.93M	168.83M	149.62M	19.92M	79.95M	203.94M
COGS % of Revenue	0.59%	0.42%	0.36%	0.51%	0.52%	0.6%	0.6%	0.58%	0.64%	0.81%
Gross Profit+	38.81M	117.84M	191.09M	163.82M	188.12M	111.45M	100.61M	14.29M	45.49M	47.13M
Gross Margin %	0.41%	0.58%	0.64%	0.49%	0.48%	0.4%	0.4%	0.42%	0.36%	0.19%
Gross Profit Growth %	-	2.04%	0.62%	-0.14%	0.15%	-0.41%	-0.1%	-0.86%	2.18%	0.04%
Operating Expenses+	66.16M	83.73M	128.37M	161.93M	298.73M	147.93M	166.82M	49.96M	54.76M	62.87M
OpEx % of Revenue	0.71%	0.41%	0.43%	0.48%	0.77%	0.53%	0.67%	1.46%	0.44%	0.25%
Selling, General & Admin	32.55M	54.63M	129.5M	160.09M	172.97M	147.93M	107.34M	49.96M	51.09M	62.87M
SG&A % of Revenue	0.35%	0.27%	0.43%	0.48%	0.44%	0.53%	0.43%	1.46%	0.41%	0.25%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	33.6M	29.1M	-1.13M	1.84M	125.75M	0	59.48M	0	3.67M	0
Operating Income+	6.26M	63.2M	61.59M	3.73M	15.14M	-36.48M	-66.21M	-35.66M	-9.27M	-15.74M
Operating Margin %	0.07%	0.31%	0.2%	0.01%	0.04%	-0.13%	-0.26%	-1.04%	-0.07%	-0.06%
Operating Income Growth %	-	9.09%	-0.03%	-0.94%	3.06%	-3.41%	-0.82%	0.46%	0.74%	-0.7%
EBITDA+	6.79M	64.96M	68.13M	21.69M	34.9M	-20.77M	-56.04M	-32.07M	-4.92M	-3.74M
EBITDA Margin %	0.07%	0.32%	0.23%	0.06%	0.09%	-0.07%	-0.22%	-0.94%	-0.04%	-0.01%
EBITDA Growth %	-	8.56%	0.05%	-0.68%	0.61%	-1.6%	-1.7%	0.43%	0.85%	0.24%
D&A (Non-Cash Add-back)	530K	1.75M	6.54M	17.96M	19.75M	15.7M	10.18M	3.59M	4.35M	12M
EBIT	6.56M	63.2M	64.02M	5.84M	24.71M	-36.48M	-4.44M	-34.25M	-4.87M	-14.33M
Net Interest Income+	1.09M	3.04M	5.55M	6.76M	5.23M	3.4M	3.23M	2.28M	7.24M	16.2M
Interest Income	1.09M	3.04M	5.55M	6.76M	5.23M	3.4M	3.23M	2.28M	7.24M	16.2M
Interest Expense	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	-32.51M	-26.06M	6.68M	7.51M	0	13.35M	-30.68M	3.17M	13.15M	15.83M
Pretax Income+	-26.25M	37.14M	68.27M	8.65M	-105.38M	-23.13M	-96.89M	-32.49M	3.88M	95K
Pretax Margin %	-0.28%	0.18%	0.23%	0.03%	-0.27%	-0.08%	-0.39%	-0.95%	0.03%	0%
Income Tax+	4.84M	19.8M	26.42M	10.12M	4.19M	4.76M	21.84M	993K	1.1M	722K
Effective Tax Rate %	1.18%	0.37%	0.54%	-0.07%	1.04%	1.22%	1.17%	0.91%	1.28%	8.43%
Net Income+	-30.98M	13.61M	36.6M	-601K	-109.49M	-28.2M	-113.46M	-29.67M	4.96M	801K
Net Margin %	-0.33%	0.07%	0.12%	-0%	-0.28%	-0.1%	-0.45%	-0.87%	0.04%	0%
Net Income Growth %	-	1.44%	1.69%	-1.02%	-181.18%	0.74%	-3.02%	0.74%	1.17%	-0.84%
Net Income (Continuing)	-31.09M	17.34M	41.84M	-1.47M	-109.57M	-27.89M	-118.73M	-33.49M	2.77M	-627K
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	488K	5.78M	6.41M	44.24M	44.2M	57.7M	56.55M	54.16M	51.14M	50.54M
EPS (Diluted)+	-219.90	94.00	198.00	-2.50	-463.00	-122.00	-504.50	-140.00	21.00	3.80
EPS Growth %	-	1.43%	1.11%	-1.01%	-184.2%	0.74%	-3.14%	0.72%	1.15%	-0.82%
EPS (Basic)	-220.50	97.20	214.60	-2.50	-462.60	-121.90	-504.50	-139.70	21.00	3.80
Diluted Shares Outstanding	140.87K	238.22K	256.67K	240.53K	236.69K	231.31K	224.91K	224.91K	236.15K	212.35K
Basic Shares Outstanding	140.5K	192.22K	184.87K	240.53K	236.69K	231.31K	224.91K	224.91K	236.24K	211.89K
Dividend Payout Ratio	-	-	3.34%	-	-	-	-	-	-	43.55%

Balance Sheet

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Total Current Assets+	85.87M	282.62M	595.02M	527.4M	616.22M	517.49M	525.98M	511.19M	322.58M	296.98M
Cash & Short-Term Investments	42.33M	230.97M	583.32M	503.95M	596.47M	506.56M	508.43M	491.87M	296.04M	266.21M
Cash Only	42.33M	230.97M	583.32M	471.24M	404.65M	410M	262.43M	175.7M	180.2M	210.77M
Short-Term Investments	0	0	0	32.72M	191.82M	127.56M	246M	316.17M	115.84M	55.44M
Accounts Receivable	254K	6.5M	11.7M	23.33M	19.75M	10.93M	17.55M	19.32M	26.54M	30.27M
Days Sales Outstanding	0.99	11.69	14.21	25.37	18.52	14.23	25.6	206.1	77.22	44
Inventory	2.55M	5.57M	-6.01M	-55.35M	-200.31M	-138.12M	-261.52M	0	0	0
Days Inventory Outstanding	16.93	23.81	-	-	-	-	-	-	-	-
Other Current Assets	42.15M	51.43M	6.01M	55.35M	200.31M	138.12M	261.52M	0	0	496K
Total Non-Current Assets+	5.08M	13.51M	197.26M	404.66M	421.4M	453.04M	76.55M	89.85M	351.58M	434.16M
Property, Plant & Equipment	2.35M	7.39M	23.92M	27M	209.82M	166.5M	44.13M	43.36M	93.3M	165.41M
Fixed Asset Turnover	39.95x	27.48x	12.56x	12.43x	1.85x	1.68x	5.67x	0.79x	1.34x	1.52x
Goodwill	0	557K	557K	149.78M	35.16M	36.97M	0	0	1.13M	1.13M
Intangible Assets	0	0	0	43.9M	8.77M	7.12M	3.27M	2.48M	1.86M	1.43M
Long-Term Investments	116K	0	158.24M	163.16M	105.71M	203.42M	14M	41.08M	130.82M	135.57M
Other Non-Current Assets	2.13M	4.54M	10.49M	11.29M	48.49M	22.78M	14.29M	2.33M	124.48M	130.62M
Total Assets+	90.95M	296.13M	792.28M	932.05M	1.04B	970.52M	602.53M	601.04M	674.16M	731.14M
Asset Turnover	1.03x	0.69x	0.38x	0.36x	0.37x	0.29x	0.42x	0.06x	0.19x	0.34x
Asset Growth %	-	2.26%	1.68%	0.18%	0.11%	-0.06%	-0.38%	-0%	0.12%	0.08%
Total Current Liabilities+	52.31M	124.68M	134.33M	164.22M	213.02M	226.99M	93.57M	87.38M	106.82M	135.59M
Accounts Payable	0	0	0	0	0	0	0	0	0	3.75M
Days Payables Outstanding	-	-	-	-	-	-	-	-	-	6.7
Short-Term Debt	0	0	390K	0	0	1.39M	723K	283K	503K	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	29.83M	57.63M	6.79M	10.66M	33.51M	24.62M	9.49M	7.33M	12.41M	8.72M
Current Ratio	1.64x	2.27x	4.43x	3.21x	2.89x	2.28x	5.62x	5.85x	3.02x	2.19x
Quick Ratio	1.59x	2.22x	4.47x	3.55x	3.83x	2.89x	8.42x	5.85x	3.02x	2.19x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	39.59M	0	0	10.9M	149.65M	93.82M	6.47M	1.77M	41.2M	90.4M
Long-Term Debt	0	0	0	0	0	0	0	0	40M	82.13M
Capital Lease Obligations	0	0	0	0	147.51M	92.14M	5.74M	1.2M	1.2M	8.27M
Deferred Tax Liabilities	0	0	0	10.9M	2.14M	1.67M	725K	575K	0	0
Other Non-Current Liabilities	39.59M	0	0	0	0	1.67M	725K	575K	0	0
Total Liabilities	91.9M	124.68M	134.33M	175.12M	362.66M	320.8M	100.04M	89.15M	148.02M	225.99M
Total Debt+	0	0	390K	10.72M	199.35M	144.82M	9.65M	4.01M	42.88M	98.3M
Net Debt	-42.33M	-230.97M	-582.93M	-460.52M	-205.3M	-265.19M	-252.78M	-171.69M	-137.31M	-112.47M
Debt / Equity	-	-	0.00x	0.01x	0.28x	0.22x	0.02x	0.01x	0.08x	0.19x
Debt / EBITDA	-	-	0.01x	0.49x	5.71x	-	-	-	-	-
Net Debt / EBITDA	-6.23x	-3.56x	-8.56x	-21.23x	-5.88x	-	-	-	-	-
Interest Coverage	-	-	-	-	-	-	-	-	-	-
Total Equity+	-947K	171.44M	657.95M	794.76M	719.15M	646.39M	502.49M	511.89M	526.14M	505.15M
Equity Growth %	-	182.04%	2.84%	0.21%	-0.1%	-0.1%	-0.22%	0.02%	0.03%	-0.04%
Book Value per Share	-6.72	719.68	2563.43	3304.15	3038.39	2794.44	2234.19	2275.97	2228.05	2378.88
Total Shareholders' Equity	-1.44M	165.66M	651.53M	750.52M	674.95M	588.69M	445.94M	457.73M	475M	454.61M
Common Stock	9K	9K	15K	15K	15K	15K	14K	14K	14K	15K
Retained Earnings	-30.59M	-12.92M	0	-601K	-110.09M	-138.29M	-252.63M	-282.3M	-277.34M	-276.54M
Treasury Stock	0	0	0	0	-27.9M	-27.9M	-55.69M	-55.93M	-56.09M	-45.12M
Accumulated OCI	2.03M	6.46M	-28.31M	1.61M	26.09M	-13.29M	-22.77M	15.76M	25.11M	28.87M
Minority Interest	488K	5.78M	6.41M	44.24M	44.2M	57.7M	56.55M	54.16M	51.14M	50.54M

Cash Flow

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Cash from Operations+	1.01M	119.48M	95.96M	53.15M	82.19M	31.12M	-91.32M	-25.49M	16.56M	20M
Operating CF Margin %	0.01%	0.59%	0.32%	0.16%	0.21%	0.11%	-0.36%	-0.75%	0.13%	0.08%
Operating CF Growth %	-	117.41%	-0.2%	-0.45%	0.55%	-0.62%	-3.93%	0.72%	1.65%	0.21%
Net Income	-30.98M	17.67M	44.37M	-601K	-109.49M	-28.2M	-113.46M	-29.67M	4.96M	-627K
Depreciation & Amortization	530K	1.75M	6.54M	17.96M	19.75M	15.7M	10.18M	3.59M	4.35M	12M
Stock-Based Compensation	942K	3.36M	23.47M	32.25M	30.86M	27.51M	9M	3.17M	3.12M	5.03M
Deferred Taxes	0	0	0	0	0	0	0	0	26K	0
Other Non-Cash Items	55.64M	78.63M	7.2M	-27.11M	170.64M	53.05M	81.18M	6.62M	-583K	-2.35M
Working Capital Changes	-25.12M	18.06M	14.38M	30.65M	-29.56M	-36.95M	-78.22M	-9.21M	4.68M	5.96M
Change in Receivables	-254K	152K	-5.46M	4.94M	-665K	1.01M	-1.68M	1.15M	-289K	-4.88M
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	0	0	0	0	0	3.75M
Cash from Investing+	-6.92M	-10.18M	-170.45M	-187.22M	-98.75M	-68M	4.3M	-96.7M	71.48M	2.52M
Capital Expenditures	-1.63M	-6.66M	-23.11M	-17.87M	-9.19M	-10.44M	-9.88M	-8.66M	-56.62M	-57.25M
CapEx % of Revenue	0.02%	0.03%	0.08%	0.05%	0.02%	0.04%	0.04%	0.25%	0.45%	0.23%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-4.49M	-7.36M	-146.03M	-35.45M	-79.44M	0	14.49M	-88.04M	553K	491K
Cash from Financing+	600K	74.9M	461.61M	-561K	-26.42M	198K	-25.55M	-838K	41.27M	12.37M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	-122.09M	-3.68M	0	0	0	0	0	-34.89M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	600K	1.33M	3.16M	2.9M	496K	98K	2.75M	0	0	5.32M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-621K	112.82M	72.85M	35.28M	73.01M	20.68M	-101.2M	-34.15M	-40.06M	-37.24M
FCF Margin %	-0.01%	0.56%	0.24%	0.11%	0.19%	0.07%	-0.4%	-1%	-0.32%	-0.15%
FCF Growth %	-	182.67%	-0.35%	-0.52%	1.07%	-0.72%	-5.89%	0.66%	-0.17%	0.07%
FCF per Share	-4.41	473.58	283.83	146.66	308.46	89.42	-449.94	-151.85	-169.64	-175.40
FCF Conversion (FCF/Net Income)	-0.03x	8.78x	2.62x	-88.43x	-0.75x	-1.10x	0.80x	0.86x	3.34x	24.98x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	15.79M	21.99M	22.01M	13.14M	10.19M	3.31M	156K	57K	53K

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-	15.96%	8.83%	-0.08%	-14.46%	-4.13%	-19.75%	-5.85%	0.96%	0.16%
Return on Invested Capital (ROIC)	-	-	596.47%	1.37%	2.68%	-6.11%	-15.74%	-9.07%	-1.91%	-3.02%
Gross Margin	41.38%	58%	63.58%	48.81%	48.35%	39.76%	40.21%	41.78%	36.27%	18.77%
Net Margin	-33.02%	6.7%	12.18%	-0.18%	-28.14%	-10.06%	-45.34%	-86.7%	3.95%	0.32%
Debt / Equity	-	-	0.00x	0.01x	0.28x	0.22x	0.02x	0.01x	0.08x	0.19x
FCF Conversion	-0.03x	8.78x	2.62x	-88.43x	-0.75x	-1.10x	0.80x	0.86x	3.34x	24.98x
Revenue Growth	-	116.62%	47.91%	11.68%	15.91%	-27.96%	-10.72%	-86.33%	266.63%	100.15%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024	2025
Revenue From Third Parties	-	-	-	-	-	26.56M	123.08M	250.66M
Revenue From Third Parties Growth	-	-	-	-	-	-	363.46%	103.66%
Revenue From Related Parties	-	-	-	-	-	7.66M	2.37M	420K
Revenue From Related Parties Growth	-	-	-	-	-	-	-69.07%	-82.27%
Elementary School	-	-	-	207.72M	165.44M	-	-	-
Elementary School Growth	-	-	-	-	-20.36%	-	-	-
Middle School	-	-	-	50.9M	59.87M	-	-	-
Middle School Growth	-	-	-	-	17.61%	-	-	-
Special Programs And Others	29.66M	6.79M	15.02M	21.71M	25.71M	-	-	-
Special Programs And Others Growth	-	-77.13%	121.31%	44.61%	18.38%	-	-	-
Standard Programs	201.88M	255.15M	269.79M	-	-	-	-	-
Standard Programs Growth	-	26.39%	5.74%	-	-	-	-	-
Ivy Programs	-	75.14M	105.88M	-	-	-	-	-
Ivy Programs Growth	-	-	40.90%	-	-	-	-	-
Ivy Program Classes	70.46M	-	-	-	-	-	-	-
Ivy Program Classes Growth	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Four Seasons Education (Cayman) Inc. (FEDU) has a price-to-earnings (P/E) ratio of 3.2x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Four Seasons Education (Cayman) Inc. (FEDU) reported $251.1M in revenue for fiscal year 2025. This represents a 168% increase from $93.8M in 2016.

Four Seasons Education (Cayman) Inc. (FEDU) grew revenue by 100.1% over the past year. This is strong growth.

Yes, Four Seasons Education (Cayman) Inc. (FEDU) is profitable, generating $0.8M in net income for fiscal year 2025 (0.3% net margin).

Dividend & Returns

Yes, Four Seasons Education (Cayman) Inc. (FEDU) pays a dividend with a yield of 100.00%. This makes it attractive for income-focused investors.

Four Seasons Education (Cayman) Inc. (FEDU) has a return on equity (ROE) of 0.2%. This is below average, suggesting room for improvement.

Four Seasons Education (Cayman) Inc. (FEDU) had negative free cash flow of $37.2M in fiscal year 2025, likely due to heavy capital investments.