Gaotu Techedu Inc. (GOTU) 10-Year Financial Performance & Capital Metrics

GOTU • • Industrial / General

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

AboutGaotu Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People's Republic of China. Its K-12 after-school tutoring courses cover various K-12 academic subjects, including mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science. The company also provides foreign language courses comprising English and Japanese, as well as English test preparation courses for students taking post-graduate entrance exams; and professional courses primarily for working adults preparing for professional qualification exams, such as teacher's qualification, the Chartered Financial Analyst designation, securities qualification exams, and other exams. In addition, it offers admission courses for admission tests, including national graduate entrance examination, civil service examinations, and others; and Gaotu App, an interactive learning app to various student groups. Further, the company provides other courses, including offline business consulting courses to enhance management skills for principals and other officers of private education institutions; and develops and sells smart devices, such as multi-function translation pen, as well as teaching and learning tools, which includes smart learning machine. The company was formerly known as GSX Techedu Inc. and changed its name to Gaotu Techedu Inc. in June 2021. Gaotu Techedu Inc. was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.Show more

Revenue $4.62B +56.0%
EBITDA -$1.13B -1086.2%
Net Income -$1.06B -14478.8%
EPS (Diluted) -2.76 -14503.2%
Gross Margin 68.05% -7.2%
EBITDA Margin -24.54% -660.4%
Operating Margin -25.95% -415.7%
Net Margin -23.04% -9245.2%
ROE -42.22% -17841.9%
ROIC -47.78% -972.6%
Debt/Equity 0.25 +320.3%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 17.0%
✓Trading at only 0.5x book value

✗Weaknesses

✗Weak momentum: RS Rating 19 (bottom 19%)
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y16.97%

3Y-10.66%

TTM50.19%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM63.35%

EPS CAGR

10Y-

5Y-

3Y-

TTM61.39%

ROCE

10Y Avg-20.5%

5Y Avg-29.55%

3Y Avg-16.01%

Latest-39.9%

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	5.5B	11.94	85.29	50.98%	6.45%	4.98%	5.19%	0.09
EDUNew Oriental Education & Technology Group Inc.	9.18B	57.71	25.09	13.6%	7.59%	9.4%	6.94%	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	29.87M	0.94	-0.41	20.96%	-3.03%	-14.43%		0.44
GOTUGaotu Techedu Inc.	331.56M	2.51	-0.91	55.99%	-6.4%	-26.51%	24.06%	0.25

Profit & Loss

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	95.13M	412.8M	2.11B	6.74B	6.48B	2.54B	2.96B	4.62B
Revenue Growth %	-	3.34%	4.11%	2.19%	-0.04%	-0.61%	0.16%	0.56%
Cost of Goods Sold+	24.39M	148.32M	534.47M	1.67B	2.37B	713.36M	790.1M	1.48B
COGS % of Revenue	0.26%	0.36%	0.25%	0.25%	0.37%	0.28%	0.27%	0.32%
Gross Profit+	70.73M	264.48M	1.57B	5.07B	4.11B	1.83B	2.17B	3.14B
Gross Margin %	0.74%	0.64%	0.75%	0.75%	0.63%	0.72%	0.73%	0.68%
Gross Profit Growth %	-	2.74%	4.95%	2.22%	-0.19%	-0.56%	0.19%	0.45%
Operating Expenses+	160.83M	244.58M	1.36B	6.73B	7.01B	1.95B	2.32B	4.34B
OpEx % of Revenue	1.69%	0.59%	0.64%	1%	1.08%	0.77%	0.78%	0.94%
Selling, General & Admin	109.7M	167.64M	1.15B	6.03B	5.77B	1.5B	1.86B	3.68B
SG&A % of Revenue	1.15%	0.41%	0.54%	0.9%	0.89%	0.59%	0.63%	0.8%
Research & Development	51.13M	76.94M	211.62M	694.36M	1.24B	452.93M	461.98M	657.25M
R&D % of Revenue	0.54%	0.19%	0.1%	0.1%	0.19%	0.18%	0.16%	0.14%
Other Operating Expenses	0	0	0	0	0	0	0	0
Operating Income+	-90.1M	19.9M	215.15M	-1.66B	-2.9B	-120.13M	-148.99M	-1.2B
Operating Margin %	-0.95%	0.05%	0.1%	-0.25%	-0.45%	-0.05%	-0.05%	-0.26%
Operating Income Growth %	-	1.22%	9.81%	-8.71%	-0.75%	0.96%	-0.24%	-7.04%
EBITDA+	-85.3M	24.28M	227.18M	-1.61B	-2.79B	-48.94M	-95.56M	-1.13B
EBITDA Margin %	-0.9%	0.06%	0.11%	-0.24%	-0.43%	-0.02%	-0.03%	-0.25%
EBITDA Growth %	-	1.28%	8.36%	-8.07%	-0.74%	0.98%	-0.95%	-10.86%
D&A (Non-Cash Add-back)	4.81M	4.38M	12.02M	53.33M	110.31M	71.18M	53.43M	65.07M
EBIT	-89.06M	22.23M	241.58M	-1.35B	-3.02B	-2.58M	12.52M	-1.06B
Net Interest Income+	189K	2.19M	8.86M	3.37M	31.46M	21.37M	75.83M	70.38M
Interest Income	189K	2.19M	8.86M	3.37M	31.46M	21.37M	75.83M	70.38M
Interest Expense	0	0	0	0	0	0	0	0
Other Income/Expense	830.58K	3.23M	27.78M	309.61M	-122.65M	117.55M	152.34M	143.52M
Pretax Income+	-89.27M	23.13M	242.93M	-1.35B	-3.02B	-2.58M	3.36M	-1.06B
Pretax Margin %	-0.94%	0.06%	0.12%	-0.2%	-0.47%	-0%	0%	-0.23%
Income Tax+	-4.5M	2.72M	16.91M	-32.73M	40.42M	-15.98M	10.66M	8.75M
Effective Tax Rate %	0.95%	0.88%	0.93%	0.98%	1.01%	-5.2%	-2.17%	1.01%
Net Income+	-84.77M	20.42M	226.02M	-1.32B	-3.06B	13.4M	-7.3M	-1.06B
Net Margin %	-0.89%	0.05%	0.11%	-0.2%	-0.47%	0.01%	-0%	-0.23%
Net Income Growth %	-	1.24%	10.07%	-6.83%	-1.33%	1%	-1.54%	-144.79%
Net Income (Continuing)	-84.77M	20.42M	226.02M	-1.32B	-3.06B	13.4M	-7.3M	-1.06B
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.34	-0.06	0.60	-3.67	-7.97	0.03	-0.02	-2.76
EPS Growth %	-	0.84%	11.73%	-7.12%	-1.17%	1%	-1.56%	-145.03%
EPS (Basic)	-0.34	-0.06	0.63	-3.67	-7.97	0.03	-0.02	-2.76
Diluted Shares Outstanding	356.92M	356.92M	313.82M	359.38M	384.28M	395.98M	386.83M	385.68M
Basic Shares Outstanding	356.92M	356.92M	297.9M	359.38M	384.28M	387.57M	386.83M	385.68M
Dividend Payout Ratio	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	52.34M	280.8M	1.81B	8.46B	3.94B	4.17B	3.59B	3.64B
Cash & Short-Term Investments	27.27M	231.25M	1.55B	7.69B	3.5B	3.74B	2.89B	3.17B
Cash Only	19.29M	33.26M	73.97M	355.22M	728.93M	819.91M	636.05M	1.32B
Short-Term Investments	7.97M	197.99M	1.47B	7.33B	2.77B	2.92B	2.25B	1.85B
Accounts Receivable	20.4M	25.06M	26.57M	11.6M	49.97M	24.55M	71.7M	148.46M
Days Sales Outstanding	78.28	22.16	4.6	0.63	2.82	3.52	8.84	11.73
Inventory	0	23.21M	8.82M	48.07M	15.6M	22.78M	24.6M	36.4M
Days Inventory Outstanding	-	57.13	6.02	10.53	2.41	11.66	11.36	9
Other Current Assets	0	6.19M	113.15M	368.54M	277.38M	201.99M	522.37M	10.83M
Total Non-Current Assets+	50.87M	57.4M	1.59B	2.23B	1.09B	709.7M	1.83B	2.19B
Property, Plant & Equipment	7.14M	16.78M	346.77M	1.51B	1.03B	635.7M	723.19M	1.17B
Fixed Asset Turnover	13.32x	24.60x	6.08x	4.46x	6.26x	4.00x	4.09x	3.93x
Goodwill	0	331K	331K	43.63M	331K	331K	331K	331K
Intangible Assets	20.4M	237K	100K	42.2M	28.25M	46.3M	42.8M	43.75M
Long-Term Investments	7.6M	5.22M	1.19B	530.73M	0	0	1.03B	922.74M
Other Non-Current Assets	116K	3.57M	19.43M	52.73M	25.41M	11.69M	30.65M	47.61M
Total Assets+	103.21M	338.2M	3.39B	10.69B	5.02B	4.88B	5.41B	5.83B
Asset Turnover	0.92x	1.22x	0.62x	0.63x	1.29x	0.52x	0.55x	0.79x
Asset Growth %	-	2.28%	9.04%	2.15%	-0.53%	-0.03%	0.11%	0.08%
Total Current Liabilities+	155.01M	355.91M	1.64B	4.2B	1.76B	1.61B	1.97B	3.26B
Accounts Payable	0	0	0	0	0	0	0	0
Days Payables Outstanding	-	-	-	-	-	-	-	-
Short-Term Debt	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	0	0
Other Current Liabilities	32.04M	244.15M	61.44M	126.7M	84.86M	61.68M	704.41M	2B
Current Ratio	0.34x	0.79x	1.10x	2.01x	2.24x	2.59x	1.82x	1.12x
Quick Ratio	0.34x	0.72x	1.10x	2.00x	2.23x	2.57x	1.81x	1.11x
Cash Conversion Cycle	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	427.62M	474.83M	199.93M	758.54M	383.46M	171.12M	333.76M	634.01M
Long-Term Debt	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	194.23M	644.14M	276.04M	44.2M	137.65M	344.61M
Deferred Tax Liabilities	0	59K	25K	78.7M	71.62M	74.51M	71.97M	70.6M
Other Non-Current Liabilities	427.13M	466.06M	5.7M	26.58M	26.58M	0	0	0
Total Liabilities	582.63M	830.74M	1.84B	4.96B	2.14B	1.78B	2.31B	3.89B
Total Debt+	0	0	254.21M	796.76M	356.05M	82.52M	188.15M	492.24M
Net Debt	-19.29M	-33.26M	180.24M	441.54M	-372.89M	-737.39M	-447.91M	-828.87M
Debt / Equity	-	-	0.16x	0.14x	0.12x	0.03x	0.06x	0.25x
Debt / EBITDA	-	-	1.12x	-	-	-	-	-
Net Debt / EBITDA	-	-1.37x	0.79x	-	-	-	-	-
Interest Coverage	-	-	-	-	-	-	-	-
Total Equity+	-479.42M	-492.54M	1.56B	5.73B	2.88B	3.1B	3.11B	1.93B
Equity Growth %	-	-0.03%	4.16%	2.68%	-0.5%	0.07%	0%	-0.38%
Book Value per Share	-1.34	-1.38	4.96	15.94	7.50	7.82	8.03	5.01
Total Shareholders' Equity	-479.42M	-492.54M	1.56B	5.73B	2.88B	3.1B	3.11B	1.93B
Common Stock	60K	60K	106K	113K	114K	115K	116K	116K
Retained Earnings	-480.4M	-493.76M	-272.9M	-1.71B	-4.81B	-4.8B	-4.81B	-5.81B
Treasury Stock	0	0	-86.74M	-139.57M	0	0	-85.18M	-242.87M
Accumulated OCI	925K	1.17M	17.83M	-19.52M	-102.73M	-23.68M	17.02M	-2.83M
Minority Interest	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-49.64M	241.87M	1.29B	603.27M	-4.19B	373.74M	353.7M	258.01M
Operating CF Margin %	-0.52%	0.59%	0.61%	0.09%	-0.65%	0.15%	0.12%	0.06%
Operating CF Growth %	-	5.87%	4.31%	-0.53%	-7.94%	1.09%	-0.05%	-0.27%
Net Income	-86.95M	19.65M	226.63M	-1.39B	-3.1B	90.25M	-7.3M	-1.05B
Depreciation & Amortization	4.93M	4.22M	12.06M	57.21M	112.56M	484.83M	54.24M	64.97M
Stock-Based Compensation	5.79M	5.92M	60.24M	238.45M	320.89M	840.42M	58.35M	53.22M
Deferred Taxes	0	0	550K	-17.61M	0	0	0	0
Other Non-Cash Items	1.33M	-847K	-13.47M	-49.71M	181.59M	-345.38M	-9.15M	-4.65M
Working Capital Changes	25.26M	212.93M	999.05M	1.77B	-1.7B	-696.38M	257.55M	1.19B
Change in Receivables	0	0	0	0	0	0	0	0
Change in Inventory	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	0	0	0	0
Cash from Investing+	-10.14M	-198.72M	-2.5B	-5.6B	4.81B	-1.09B	-423.98M	620.82M
Capital Expenditures	-370K	-12.13M	-61.27M	-284.07M	-272.32M	-129.86M	-40.8M	0
CapEx % of Revenue	0%	0.03%	0.03%	0.04%	0.04%	0.05%	0.01%	0.04%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	-1.75M	2K	257K	7K	8.91M	-383.71M	-101.11M	620.82M
Cash from Financing+	56.53M	-29.19M	1.25B	5.27B	-100.61M	0	-90.48M	-205.3M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	-3M	-29.19M	-34.06M	-132.61M	-100.61M	0	12K	0
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	-50.01M	229.74M	1.22B	319.2M	-4.46B	243.88M	312.9M	79.79M
FCF Margin %	-0.53%	0.56%	0.58%	0.05%	-0.69%	0.1%	0.11%	0.02%
FCF Growth %	-	5.59%	4.33%	-0.74%	-14.97%	1.05%	0.28%	-0.75%
FCF per Share	-0.14	0.64	3.90	0.89	-11.60	0.62	0.81	0.21
FCF Conversion (FCF/Net Income)	0.59x	11.85x	5.69x	-0.46x	1.37x	27.88x	-48.47x	-0.24x
Interest Paid	0	0	0	0	0	0	0	0
Taxes Paid	3K	0	348K	86.35M	0	20.22M	1.44M	3.29M

Key Ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	42.45%	-36.14%	-71.15%	0.45%	-0.24%	-42.22%
Return on Invested Capital (ROIC)	-	-	26.63%	-31.47%	-50.12%	-3.7%	-4.45%	-47.78%
Gross Margin	74.36%	64.07%	74.66%	75.26%	63.46%	71.94%	73.31%	68.05%
Net Margin	-89.11%	4.95%	10.72%	-19.55%	-47.3%	0.53%	-0.25%	-23.04%
Debt / Equity	-	-	0.16x	0.14x	0.12x	0.03x	0.06x	0.25x
FCF Conversion	0.59x	11.85x	5.69x	-0.46x	1.37x	27.88x	-48.47x	-0.24x
Revenue Growth	-	333.96%	410.93%	219.36%	-3.85%	-60.75%	16.46%	55.99%

Revenue by Segment

	2019	2020	2021	2022	2023	2024
Learning Services	-	-	-	-	2.87B	4.42B
Learning Services Growth	-	-	-	-	-	53.85%
Other Revenue	-	-	-	35.31M	31.93M	49.66M
Other Revenue Growth	-	-	-	-	-9.57%	55.52%
Online K 12 Academic Subject Tutoring Services	-	-	6B	-	-	-
Online K 12 Academic Subject Tutoring Services Growth	-	-	-	-	-	-
Comprehensive Tutoring Services and Others	-	-	561.11M	-	-	-
Comprehensive Tutoring Services and Others Growth	-	-	-	-	-	-
Foreign Language Professional And Admission Courses	-	871.86M	-	-	-	-
Foreign Language Professional And Admission Courses Growth	-	-	-	-	-	-
Service, Other	30.05M	15.49M	-	-	-	-
Service, Other Growth	-	-48.46%	-	-	-	-
Online Tutoring Services	2.08B	-	-	-	-	-
Online Tutoring Services Growth	-	-	-	-	-	-
K 12 Courses	1.71B	-	-	-	-	-
K 12 Courses Growth	-	-	-	-	-	-
Foreign Language Professional And Interest Education Services	378.26M	-	-	-	-	-
Foreign Language Professional And Interest Education Services Growth	-	-	-	-	-	-
Offline Business Consulting Courses	25.86M	-	-	-	-	-
Offline Business Consulting Courses Growth	-	-	-	-	-	-
Service Other Miscellaneous	3.91M	-	-	-	-	-
Service Other Miscellaneous Growth	-	-	-	-	-	-
Membership	282K	-	-	-	-	-
Membership Growth	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Gaotu Techedu Inc. (GOTU) reported $5.85B in revenue for fiscal year 2024. This represents a 6046% increase from $95.1M in 2017.

Gaotu Techedu Inc. (GOTU) grew revenue by 56.0% over the past year. This is strong growth.

Gaotu Techedu Inc. (GOTU) reported a net loss of $374.4M for fiscal year 2024.

Dividend & Returns

Gaotu Techedu Inc. (GOTU) has a return on equity (ROE) of -42.2%. Negative ROE indicates the company is unprofitable.

Gaotu Techedu Inc. (GOTU) generated $79.8M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Gaotu Techedu Inc. (GOTU) 10-Year Financial Performance & Capital Metrics

GOTU • • Industrial / General

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

Revenue $4.62B +56.0%
EBITDA -$1.13B -1086.2%
Net Income -$1.06B -14478.8%
EPS (Diluted) -2.76 -14503.2%
Gross Margin 68.05% -7.2%
EBITDA Margin -24.54% -660.4%
Operating Margin -25.95% -415.7%
Net Margin -23.04% -9245.2%
ROE -42.22% -17841.9%
ROIC -47.78% -972.6%
Debt/Equity 0.25 +320.3%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 17.0%
✓Trading at only 0.5x book value

✗Weaknesses

✗Weak momentum: RS Rating 19 (bottom 19%)
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y16.97%

3Y-10.66%

TTM50.19%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM63.35%

EPS CAGR

10Y-

5Y-

3Y-

TTM61.39%

ROCE

10Y Avg-20.5%

5Y Avg-29.55%

3Y Avg-16.01%

Latest-39.9%

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	5.5B	11.94	85.29	50.98%	6.45%	4.98%	5.19%	0.09
EDUNew Oriental Education & Technology Group Inc.	9.18B	57.71	25.09	13.6%	7.59%	9.4%	6.94%	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	29.87M	0.94	-0.41	20.96%	-3.03%	-14.43%		0.44
GOTUGaotu Techedu Inc.	331.56M	2.51	-0.91	55.99%	-6.4%	-26.51%	24.06%	0.25

Profit & Loss

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	95.13M	412.8M	2.11B	6.74B	6.48B	2.54B	2.96B	4.62B
Revenue Growth %	-	3.34%	4.11%	2.19%	-0.04%	-0.61%	0.16%	0.56%
Cost of Goods Sold+	24.39M	148.32M	534.47M	1.67B	2.37B	713.36M	790.1M	1.48B
COGS % of Revenue	0.26%	0.36%	0.25%	0.25%	0.37%	0.28%	0.27%	0.32%
Gross Profit+	70.73M	264.48M	1.57B	5.07B	4.11B	1.83B	2.17B	3.14B
Gross Margin %	0.74%	0.64%	0.75%	0.75%	0.63%	0.72%	0.73%	0.68%
Gross Profit Growth %	-	2.74%	4.95%	2.22%	-0.19%	-0.56%	0.19%	0.45%
Operating Expenses+	160.83M	244.58M	1.36B	6.73B	7.01B	1.95B	2.32B	4.34B
OpEx % of Revenue	1.69%	0.59%	0.64%	1%	1.08%	0.77%	0.78%	0.94%
Selling, General & Admin	109.7M	167.64M	1.15B	6.03B	5.77B	1.5B	1.86B	3.68B
SG&A % of Revenue	1.15%	0.41%	0.54%	0.9%	0.89%	0.59%	0.63%	0.8%
Research & Development	51.13M	76.94M	211.62M	694.36M	1.24B	452.93M	461.98M	657.25M
R&D % of Revenue	0.54%	0.19%	0.1%	0.1%	0.19%	0.18%	0.16%	0.14%
Other Operating Expenses	0	0	0	0	0	0	0	0
Operating Income+	-90.1M	19.9M	215.15M	-1.66B	-2.9B	-120.13M	-148.99M	-1.2B
Operating Margin %	-0.95%	0.05%	0.1%	-0.25%	-0.45%	-0.05%	-0.05%	-0.26%
Operating Income Growth %	-	1.22%	9.81%	-8.71%	-0.75%	0.96%	-0.24%	-7.04%
EBITDA+	-85.3M	24.28M	227.18M	-1.61B	-2.79B	-48.94M	-95.56M	-1.13B
EBITDA Margin %	-0.9%	0.06%	0.11%	-0.24%	-0.43%	-0.02%	-0.03%	-0.25%
EBITDA Growth %	-	1.28%	8.36%	-8.07%	-0.74%	0.98%	-0.95%	-10.86%
D&A (Non-Cash Add-back)	4.81M	4.38M	12.02M	53.33M	110.31M	71.18M	53.43M	65.07M
EBIT	-89.06M	22.23M	241.58M	-1.35B	-3.02B	-2.58M	12.52M	-1.06B
Net Interest Income+	189K	2.19M	8.86M	3.37M	31.46M	21.37M	75.83M	70.38M
Interest Income	189K	2.19M	8.86M	3.37M	31.46M	21.37M	75.83M	70.38M
Interest Expense	0	0	0	0	0	0	0	0
Other Income/Expense	830.58K	3.23M	27.78M	309.61M	-122.65M	117.55M	152.34M	143.52M
Pretax Income+	-89.27M	23.13M	242.93M	-1.35B	-3.02B	-2.58M	3.36M	-1.06B
Pretax Margin %	-0.94%	0.06%	0.12%	-0.2%	-0.47%	-0%	0%	-0.23%
Income Tax+	-4.5M	2.72M	16.91M	-32.73M	40.42M	-15.98M	10.66M	8.75M
Effective Tax Rate %	0.95%	0.88%	0.93%	0.98%	1.01%	-5.2%	-2.17%	1.01%
Net Income+	-84.77M	20.42M	226.02M	-1.32B	-3.06B	13.4M	-7.3M	-1.06B
Net Margin %	-0.89%	0.05%	0.11%	-0.2%	-0.47%	0.01%	-0%	-0.23%
Net Income Growth %	-	1.24%	10.07%	-6.83%	-1.33%	1%	-1.54%	-144.79%
Net Income (Continuing)	-84.77M	20.42M	226.02M	-1.32B	-3.06B	13.4M	-7.3M	-1.06B
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.34	-0.06	0.60	-3.67	-7.97	0.03	-0.02	-2.76
EPS Growth %	-	0.84%	11.73%	-7.12%	-1.17%	1%	-1.56%	-145.03%
EPS (Basic)	-0.34	-0.06	0.63	-3.67	-7.97	0.03	-0.02	-2.76
Diluted Shares Outstanding	356.92M	356.92M	313.82M	359.38M	384.28M	395.98M	386.83M	385.68M
Basic Shares Outstanding	356.92M	356.92M	297.9M	359.38M	384.28M	387.57M	386.83M	385.68M
Dividend Payout Ratio	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	52.34M	280.8M	1.81B	8.46B	3.94B	4.17B	3.59B	3.64B
Cash & Short-Term Investments	27.27M	231.25M	1.55B	7.69B	3.5B	3.74B	2.89B	3.17B
Cash Only	19.29M	33.26M	73.97M	355.22M	728.93M	819.91M	636.05M	1.32B
Short-Term Investments	7.97M	197.99M	1.47B	7.33B	2.77B	2.92B	2.25B	1.85B
Accounts Receivable	20.4M	25.06M	26.57M	11.6M	49.97M	24.55M	71.7M	148.46M
Days Sales Outstanding	78.28	22.16	4.6	0.63	2.82	3.52	8.84	11.73
Inventory	0	23.21M	8.82M	48.07M	15.6M	22.78M	24.6M	36.4M
Days Inventory Outstanding	-	57.13	6.02	10.53	2.41	11.66	11.36	9
Other Current Assets	0	6.19M	113.15M	368.54M	277.38M	201.99M	522.37M	10.83M
Total Non-Current Assets+	50.87M	57.4M	1.59B	2.23B	1.09B	709.7M	1.83B	2.19B
Property, Plant & Equipment	7.14M	16.78M	346.77M	1.51B	1.03B	635.7M	723.19M	1.17B
Fixed Asset Turnover	13.32x	24.60x	6.08x	4.46x	6.26x	4.00x	4.09x	3.93x
Goodwill	0	331K	331K	43.63M	331K	331K	331K	331K
Intangible Assets	20.4M	237K	100K	42.2M	28.25M	46.3M	42.8M	43.75M
Long-Term Investments	7.6M	5.22M	1.19B	530.73M	0	0	1.03B	922.74M
Other Non-Current Assets	116K	3.57M	19.43M	52.73M	25.41M	11.69M	30.65M	47.61M
Total Assets+	103.21M	338.2M	3.39B	10.69B	5.02B	4.88B	5.41B	5.83B
Asset Turnover	0.92x	1.22x	0.62x	0.63x	1.29x	0.52x	0.55x	0.79x
Asset Growth %	-	2.28%	9.04%	2.15%	-0.53%	-0.03%	0.11%	0.08%
Total Current Liabilities+	155.01M	355.91M	1.64B	4.2B	1.76B	1.61B	1.97B	3.26B
Accounts Payable	0	0	0	0	0	0	0	0
Days Payables Outstanding	-	-	-	-	-	-	-	-
Short-Term Debt	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	0	0
Other Current Liabilities	32.04M	244.15M	61.44M	126.7M	84.86M	61.68M	704.41M	2B
Current Ratio	0.34x	0.79x	1.10x	2.01x	2.24x	2.59x	1.82x	1.12x
Quick Ratio	0.34x	0.72x	1.10x	2.00x	2.23x	2.57x	1.81x	1.11x
Cash Conversion Cycle	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	427.62M	474.83M	199.93M	758.54M	383.46M	171.12M	333.76M	634.01M
Long-Term Debt	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	194.23M	644.14M	276.04M	44.2M	137.65M	344.61M
Deferred Tax Liabilities	0	59K	25K	78.7M	71.62M	74.51M	71.97M	70.6M
Other Non-Current Liabilities	427.13M	466.06M	5.7M	26.58M	26.58M	0	0	0
Total Liabilities	582.63M	830.74M	1.84B	4.96B	2.14B	1.78B	2.31B	3.89B
Total Debt+	0	0	254.21M	796.76M	356.05M	82.52M	188.15M	492.24M
Net Debt	-19.29M	-33.26M	180.24M	441.54M	-372.89M	-737.39M	-447.91M	-828.87M
Debt / Equity	-	-	0.16x	0.14x	0.12x	0.03x	0.06x	0.25x
Debt / EBITDA	-	-	1.12x	-	-	-	-	-
Net Debt / EBITDA	-	-1.37x	0.79x	-	-	-	-	-
Interest Coverage	-	-	-	-	-	-	-	-
Total Equity+	-479.42M	-492.54M	1.56B	5.73B	2.88B	3.1B	3.11B	1.93B
Equity Growth %	-	-0.03%	4.16%	2.68%	-0.5%	0.07%	0%	-0.38%
Book Value per Share	-1.34	-1.38	4.96	15.94	7.50	7.82	8.03	5.01
Total Shareholders' Equity	-479.42M	-492.54M	1.56B	5.73B	2.88B	3.1B	3.11B	1.93B
Common Stock	60K	60K	106K	113K	114K	115K	116K	116K
Retained Earnings	-480.4M	-493.76M	-272.9M	-1.71B	-4.81B	-4.8B	-4.81B	-5.81B
Treasury Stock	0	0	-86.74M	-139.57M	0	0	-85.18M	-242.87M
Accumulated OCI	925K	1.17M	17.83M	-19.52M	-102.73M	-23.68M	17.02M	-2.83M
Minority Interest	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-49.64M	241.87M	1.29B	603.27M	-4.19B	373.74M	353.7M	258.01M
Operating CF Margin %	-0.52%	0.59%	0.61%	0.09%	-0.65%	0.15%	0.12%	0.06%
Operating CF Growth %	-	5.87%	4.31%	-0.53%	-7.94%	1.09%	-0.05%	-0.27%
Net Income	-86.95M	19.65M	226.63M	-1.39B	-3.1B	90.25M	-7.3M	-1.05B
Depreciation & Amortization	4.93M	4.22M	12.06M	57.21M	112.56M	484.83M	54.24M	64.97M
Stock-Based Compensation	5.79M	5.92M	60.24M	238.45M	320.89M	840.42M	58.35M	53.22M
Deferred Taxes	0	0	550K	-17.61M	0	0	0	0
Other Non-Cash Items	1.33M	-847K	-13.47M	-49.71M	181.59M	-345.38M	-9.15M	-4.65M
Working Capital Changes	25.26M	212.93M	999.05M	1.77B	-1.7B	-696.38M	257.55M	1.19B
Change in Receivables	0	0	0	0	0	0	0	0
Change in Inventory	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	0	0	0	0
Cash from Investing+	-10.14M	-198.72M	-2.5B	-5.6B	4.81B	-1.09B	-423.98M	620.82M
Capital Expenditures	-370K	-12.13M	-61.27M	-284.07M	-272.32M	-129.86M	-40.8M	0
CapEx % of Revenue	0%	0.03%	0.03%	0.04%	0.04%	0.05%	0.01%	0.04%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	-1.75M	2K	257K	7K	8.91M	-383.71M	-101.11M	620.82M
Cash from Financing+	56.53M	-29.19M	1.25B	5.27B	-100.61M	0	-90.48M	-205.3M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	-3M	-29.19M	-34.06M	-132.61M	-100.61M	0	12K	0
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	-50.01M	229.74M	1.22B	319.2M	-4.46B	243.88M	312.9M	79.79M
FCF Margin %	-0.53%	0.56%	0.58%	0.05%	-0.69%	0.1%	0.11%	0.02%
FCF Growth %	-	5.59%	4.33%	-0.74%	-14.97%	1.05%	0.28%	-0.75%
FCF per Share	-0.14	0.64	3.90	0.89	-11.60	0.62	0.81	0.21
FCF Conversion (FCF/Net Income)	0.59x	11.85x	5.69x	-0.46x	1.37x	27.88x	-48.47x	-0.24x
Interest Paid	0	0	0	0	0	0	0	0
Taxes Paid	3K	0	348K	86.35M	0	20.22M	1.44M	3.29M

Key Ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	42.45%	-36.14%	-71.15%	0.45%	-0.24%	-42.22%
Return on Invested Capital (ROIC)	-	-	26.63%	-31.47%	-50.12%	-3.7%	-4.45%	-47.78%
Gross Margin	74.36%	64.07%	74.66%	75.26%	63.46%	71.94%	73.31%	68.05%
Net Margin	-89.11%	4.95%	10.72%	-19.55%	-47.3%	0.53%	-0.25%	-23.04%
Debt / Equity	-	-	0.16x	0.14x	0.12x	0.03x	0.06x	0.25x
FCF Conversion	0.59x	11.85x	5.69x	-0.46x	1.37x	27.88x	-48.47x	-0.24x
Revenue Growth	-	333.96%	410.93%	219.36%	-3.85%	-60.75%	16.46%	55.99%

Revenue by Segment

	2019	2020	2021	2022	2023	2024
Learning Services	-	-	-	-	2.87B	4.42B
Learning Services Growth	-	-	-	-	-	53.85%
Other Revenue	-	-	-	35.31M	31.93M	49.66M
Other Revenue Growth	-	-	-	-	-9.57%	55.52%
Online K 12 Academic Subject Tutoring Services	-	-	6B	-	-	-
Online K 12 Academic Subject Tutoring Services Growth	-	-	-	-	-	-
Comprehensive Tutoring Services and Others	-	-	561.11M	-	-	-
Comprehensive Tutoring Services and Others Growth	-	-	-	-	-	-
Foreign Language Professional And Admission Courses	-	871.86M	-	-	-	-
Foreign Language Professional And Admission Courses Growth	-	-	-	-	-	-
Service, Other	30.05M	15.49M	-	-	-	-
Service, Other Growth	-	-48.46%	-	-	-	-
Online Tutoring Services	2.08B	-	-	-	-	-
Online Tutoring Services Growth	-	-	-	-	-	-
K 12 Courses	1.71B	-	-	-	-	-
K 12 Courses Growth	-	-	-	-	-	-
Foreign Language Professional And Interest Education Services	378.26M	-	-	-	-	-
Foreign Language Professional And Interest Education Services Growth	-	-	-	-	-	-
Offline Business Consulting Courses	25.86M	-	-	-	-	-
Offline Business Consulting Courses Growth	-	-	-	-	-	-
Service Other Miscellaneous	3.91M	-	-	-	-	-
Service Other Miscellaneous Growth	-	-	-	-	-	-
Membership	282K	-	-	-	-	-
Membership Growth	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Gaotu Techedu Inc. (GOTU) reported $5.85B in revenue for fiscal year 2024. This represents a 6046% increase from $95.1M in 2017.

Gaotu Techedu Inc. (GOTU) grew revenue by 56.0% over the past year. This is strong growth.

Gaotu Techedu Inc. (GOTU) reported a net loss of $374.4M for fiscal year 2024.

Dividend & Returns

Gaotu Techedu Inc. (GOTU) has a return on equity (ROE) of -42.2%. Negative ROE indicates the company is unprofitable.

Gaotu Techedu Inc. (GOTU) generated $79.8M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.