Sunlands Technology Group (STG)
NYSE: STG · Real-Time Price · USD
2.850
-0.050 (-1.72%)
Sep 3, 2026, 4:00 PM EDT - Market closed
Sunlands Technology Group Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 520.64 | 575.74 | 507.23 | 763.8 | 753.64 | 626.72 |
Short-Term Investments | 336.88 | 235.94 | 276.03 | 142.08 | 70.54 | 184.16 |
Cash & Short-Term Investments | 857.51 | 811.68 | 783.26 | 905.88 | 824.18 | 810.87 |
Cash Growth | 13.88% | 3.63% | -13.54% | 9.91% | 1.64% | -36.58% |
Other Receivables | - | 19.54 | 24.53 | 29.34 | 26.81 | 55.74 |
Receivables | - | 19.54 | 24.53 | 29.34 | 26.81 | 55.74 |
Inventory | - | 17.94 | 19.68 | 14.24 | 14.15 | 8.88 |
Prepaid Expenses | 93.85 | 29.21 | 36.61 | 50.68 | 41.63 | 96.99 |
Restricted Cash | - | 1.02 | - | 2.58 | 3.76 | 50.01 |
Other Current Assets | 14.03 | 38 | 20.24 | 29.04 | 58.56 | 104.1 |
Total Current Assets | 965.39 | 917.39 | 884.31 | 1,032 | 969.1 | 1,127 |
Property, Plant & Equipment | 622.58 | 761.29 | 868.37 | 922.49 | 1,088 | 1,220 |
Long-Term Investments | 339.18 | 318.79 | 260.08 | 61.35 | 73.51 | 54.84 |
Other Intangible Assets | 0.1 | 0.25 | 0.72 | 0.98 | 1.51 | 2.76 |
Long-Term Deferred Tax Assets | 17.15 | 19.1 | 24.7 | - | 26.8 | 39.27 |
Long-Term Deferred Charges | 6.5 | 10.64 | 56.66 | 68.77 | 78.84 | 109.02 |
Other Long-Term Assets | 18.27 | 3.72 | 4.6 | 4.95 | 7.97 | 9.46 |
Total Assets | 1,969 | 2,047 | 2,121 | 2,119 | 2,276 | 2,593 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accrued Expenses | 317.06 | 176.99 | 189.96 | 180.43 | 155.13 | 186.58 |
Current Portion of Long-Term Debt | - | - | 6.15 | 38.65 | 38.65 | 38.65 |
Current Portion of Leases | 9.35 | 9.1 | 8.32 | 8.02 | 17.07 | 14.31 |
Current Income Taxes Payable | - | 56.14 | 36.74 | 26.97 | 39.5 | 75.67 |
Current Unearned Revenue | 266.44 | 384.33 | 382.05 | 553.81 | 986.09 | 1,267 |
Other Current Liabilities | - | 132.88 | 178.16 | 202.29 | 241.72 | 323.79 |
Total Current Liabilities | 592.85 | 759.45 | 801.38 | 1,010 | 1,478 | 1,906 |
Long-Term Debt | - | - | 35.39 | 104.67 | 143.32 | 181.97 |
Long-Term Leases | 123.76 | 129.56 | 137.04 | 157.27 | 316.84 | 404.13 |
Long-Term Unearned Revenue | 167.01 | 200.96 | 534.46 | 560.11 | 704.86 | 1,081 |
Long-Term Deferred Tax Liabilities | 9.6 | 5.79 | 5.72 | 3.74 | 5.98 | 21.78 |
Other Long-Term Liabilities | 6.65 | 7.39 | 7.31 | 6.99 | 6.77 | 11.7 |
Total Liabilities | 899.87 | 1,103 | 1,521 | 1,843 | 2,656 | 3,607 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Additional Paid-In Capital | 2,274 | 2,288 | 2,294 | 2,305 | 2,310 | 2,364 |
Retained Earnings | -1,303 | -1,464 | -1,829 | -2,171 | -2,812 | -3,456 |
Comprehensive Income & Other | 100.44 | 121.57 | 136.16 | 143.28 | 127.89 | 82.53 |
Total Common Equity | 1,071 | 945.55 | 601.35 | 277.04 | -374.49 | -1,009 |
Minority Interest | -1.49 | -1.49 | -1.49 | -1.49 | -5.36 | -4.93 |
Shareholders' Equity | 1,069 | 944.07 | 599.86 | 275.55 | -379.85 | -1,014 |
Total Liabilities & Equity | 1,969 | 2,047 | 2,121 | 2,119 | 2,276 | 2,593 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 133.11 | 138.67 | 186.9 | 308.61 | 515.88 | 639.07 |
Net Cash (Debt) | 724.4 | 673.01 | 596.36 | 597.28 | 308.3 | 171.8 |
Net Cash Growth | 22.83% | 12.85% | -0.15% | 93.73% | 79.45% | -67.10% |
Net Cash Per Share | 54.14 | 49.95 | 43.69 | 43.28 | 22.54 | 12.77 |
Filing Date Shares Outstanding | 12.77 | 13.39 | 13.52 | 13.71 | 13.85 | 13.29 |
Total Common Shares Outstanding | 12.77 | 13.39 | 13.52 | 13.72 | 13.85 | 13.34 |
Working Capital | 372.54 | 157.94 | 82.93 | 21.58 | -509.04 | -779.37 |
Book Value Per Share | 83.84 | 70.60 | 44.48 | 20.19 | -27.03 | -75.67 |
Tangible Book Value | 1,071 | 945.3 | 600.62 | 276.06 | -376 | -1,012 |
Tangible Book Value Per Share | 83.83 | 70.58 | 44.43 | 20.12 | -27.14 | -75.87 |
Buildings | - | 797.52 | 865.45 | 865.45 | 865.45 | 865.45 |
Machinery | - | 36.02 | 37.07 | 37.43 | 38.47 | 37.5 |
Leasehold Improvements | - | 71.96 | 71.77 | 71.53 | 69.71 | 95.95 |