Gaotu Techedu Inc. (GOTU)

Gaotu Techedu Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,016	1,321	636.05	819.91	728.93	355.22
Short-Term Investments	1,420	1,845	2,254	2,924	2,774	7,331
Cash & Short-Term Investments	2,435	3,166	2,890	3,744	3,503	7,686
Cash Growth	-12.71%	9.56%	-22.81%	6.88%	-54.43%	396.73%
Accounts Receivable	-	3.88	71.7	24.55	49.97	11.6
Other Receivables	-	144.58	334.16	197.86	3.68	47.63
Receivables	-	148.46	405.86	222.4	53.64	59.23
Inventory	31.25	36.4	24.6	22.78	15.6	48.07
Prepaid Expenses	440.71	119.83	78.08	67.27	90.92	342.55
Restricted Cash	16.41	5.22	33.9	0.02	168.19	-
Other Current Assets	-	163.55	154.31	110.23	105.51	320.91
Total Current Assets	2,924	3,640	3,587	4,166	3,937	8,457
Property, Plant & Equipment	1,175	1,174	723.19	635.7	1,034	1,511
Long-Term Investments	995.89	922.74	1,030	-	-	530.73
Goodwill	-	0.33	0.33	0.33	0.33	43.63
Other Intangible Assets	25.56	43.75	42.8	46.31	28.26	42.2
Long-Term Deferred Tax Assets	-	-	11.31	15.68	-	48.32
Other Long-Term Assets	66.58	47.61	19.34	11.69	25.41	52.73
Total Assets	5,187	5,828	5,413	4,876	5,025	10,686
Accrued Expenses	1,258	1,110	706.09	573.93	606.54	1,086
Current Portion of Leases	151.42	147.64	50.49	38.33	80.01	152.62
Current Income Taxes Payable	0.11	0.67	4.28	1.79	-	4.65
Current Unearned Revenue	1,231	1,867	1,113	906.91	986.99	2,725
Other Current Liabilities	-	135.05	98.94	88.26	86.73	229.31
Total Current Liabilities	2,641	3,261	1,973	1,609	1,760	4,197
Long-Term Leases	328.25	344.61	137.65	44.2	276.04	644.14
Long-Term Unearned Revenue	213.51	218.8	124.14	52.42	9.23	9.13
Long-Term Deferred Tax Liabilities	69.93	70.6	71.97	74.51	71.62	78.7
Other Long-Term Liabilities	-	-	-	-	26.58	26.58
Total Liabilities	3,252	3,895	2,307	1,780	2,144	4,956
Common Stock	0.12	0.12	0.12	0.12	0.11	0.11
Additional Paid-In Capital	7,959	7,991	7,988	7,916	7,793	7,595
Retained Earnings	-5,688	-5,812	-4,763	-4,756	-4,769	-1,666
Treasury Stock	-329.03	-242.87	-85.18	-	-	-139.57
Comprehensive Income & Other	-7.28	-2.83	-33.21	-64.06	-143.11	-59.91
Total Common Equity	1,935	1,933	3,106	3,096	2,881	5,730
Shareholders' Equity	1,935	1,933	3,106	3,096	2,881	5,730
Total Liabilities & Equity	5,187	5,828	5,413	4,876	5,025	10,686
Total Debt	479.67	492.24	188.15	82.52	356.05	796.77
Net Cash (Debt)	1,955	2,674	2,702	3,661	3,147	6,890
Net Cash Growth	-22.48%	-1.03%	-26.21%	16.35%	-54.33%	432.95%
Net Cash Per Share	7.67	10.40	10.37	13.87	12.28	28.76
Filing Date Shares Outstanding	247.66	249.82	258.22	259.35	257.08	255.59
Total Common Shares Outstanding	247.66	252.93	258.17	259.29	257.01	254.64
Working Capital	282.84	379.21	1,613	2,557	2,177	4,260
Book Value Per Share	7.81	7.64	12.03	11.94	11.21	22.50
Tangible Book Value	1,909	1,889	3,063	3,049	2,852	5,644
Tangible Book Value Per Share	7.71	7.47	11.86	11.76	11.10	22.16
Buildings	-	489.93	489.93	491.08	491.08	189.97
Machinery	-	171.45	107.11	102	208.15	235.42
Construction In Progress	-	0.79	0.79	0.87	10.18	268.52
Leasehold Improvements	-	203.86	96.38	76.52	81.38	80.71

Updated May 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q