17 Education & Technology Group Inc. (YQ)

YQ Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	280.18	306.93	707.9	1,181	2,835	653.86
Short-Term Investments	59.5	173.67	25.55	9.97	11.22	1.77
Cash & Short-Term Investments	339.68	480.59	733.44	1,191	2,846	655.63
Cash Growth	-32.65%	-34.47%	-38.41%	-58.16%	334.12%	-48.54%
Accounts Receivable	70.4	59.21	34.82	-	-	-
Other Receivables	-	0.52	17.21	23.1	7.4	11.27
Receivables	70.4	59.72	52.03	23.1	7.4	13.89
Prepaid Expenses	96.79	21.42	49.65	37.34	106.24	18.25
Restricted Cash	-	-	10.23	-	0.17	34.84
Other Current Assets	-	68.99	68.03	91.42	86.59	35.02
Total Current Assets	506.87	630.73	913.38	1,343	3,047	757.62
Property, Plant & Equipment	46.04	52.02	62.35	223.77	305.38	143.81
Other Long-Term Assets	2.8	1.78	4.8	13.92	37.78	16.86
Total Assets	555.71	684.53	980.52	1,580	3,390	918.29
Accounts Payable	-	-	-	-	-	13.7
Accrued Expenses	98.88	124.97	148.55	376.51	494.21	283.48
Short-Term Debt	-	-	-	-	-	85
Current Portion of Leases	7.58	7.65	18.72	46.89	69.41	43.15
Current Unearned Revenue	38.19	44.95	42.39	243.88	596.31	243.52
Other Current Liabilities	-	3.03	4.47	15.79	45.58	11.85
Total Current Liabilities	144.65	180.6	214.13	683.06	1,206	680.7
Long-Term Leases	9.22	9.66	7.53	100.33	118.11	21.28
Long-Term Unearned Revenue	-	-	-	-	1.98	0.65
Total Liabilities	153.87	190.26	221.66	783.39	1,326	702.64
Common Stock	0.34	0.34	0.34	0.33	0.31	0.04
Additional Paid-In Capital	11,026	10,987	10,955	10,859	10,653	-
Retained Earnings	-10,700	-10,571	-10,259	-10,081	-8,639	-4,602
Treasury Stock	-0.1	-0.1	-0.02	-	-	-
Comprehensive Income & Other	75.77	77.36	62.69	18.69	49.61	88.22
Total Common Equity	401.84	494.27	758.86	797.04	2,064	-4,514
Shareholders' Equity	401.84	494.27	758.86	797.04	2,064	215.65
Total Liabilities & Equity	555.71	684.53	980.52	1,580	3,390	918.29
Total Debt	16.8	17.31	26.25	147.21	187.52	149.43
Net Cash (Debt)	322.88	463.29	707.19	1,044	2,659	506.19
Net Cash Growth	-33.53%	-34.49%	-32.24%	-60.75%	425.23%	-58.84%
Net Cash Per Share	40.41	50.51	70.32	105.62	1421.69	440.85
Filing Date Shares Outstanding	7.76	5.02	9.12	10.21	9.6	1.16
Total Common Shares Outstanding	7.76	5.02	9.14	10.16	9.6	1.16
Working Capital	362.22	450.13	699.25	659.67	1,841	76.92
Book Value Per Share	51.79	98.44	83.07	78.44	214.93	-3900.68
Tangible Book Value	401.84	494.27	758.86	797.04	2,064	-4,514
Tangible Book Value Per Share	51.79	98.44	83.07	78.44	214.93	-3900.68
Machinery	-	88.78	105.72	195.73	135.63	77.75
Leasehold Improvements	-	11.62	13.91	40.7	47.99	35.17

Source: S&P Capital IQ. Standard template. Financial Sources.