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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	349.07	306.93	707.9	1,181	2,835	653.86
Short-Term Investments	61.61	173.67	25.55	9.97	11.22	1.77
Cash & Short-Term Investments	410.68	480.59	733.44	1,191	2,846	655.63
Cash Growth	-25.57%	-34.47%	-38.41%	-58.16%	334.12%	-48.54%
Accounts Receivable	35.66	59.21	34.82	-	-	-
Other Receivables	-	0.52	17.21	23.1	7.4	11.27
Receivables	35.66	59.72	52.03	23.1	7.4	13.89
Prepaid Expenses	93.92	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	540.25	630.73	913.38	1,343	3,047	757.62
Property, Plant & Equipment	45.36	52.02	62.35	223.77	305.38	143.81
Other Long-Term Assets	2.98	1.78	4.8	13.92	37.78	16.86
Total Assets	588.59	684.53	980.52	1,580	3,390	918.29
Accounts Payable	-	-	-	-	-	13.7
Accrued Expenses	98.77	124.97	148.55	376.51	494.21	283.48
Short-Term Debt	-	-	-	-	-	85
Current Portion of Leases	6.94	7.65	18.72	46.89	69.41	43.15
Current Unearned Revenue	54.12	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	159.83	180.6	214.13	683.06	1,206	680.7
Long-Term Leases	11.16	9.66	7.53	100.33	118.11	21.28
Long-Term Unearned Revenue	-	-	-	-	1.98	0.65
Total Liabilities	170.99	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	11,014	10,987	10,955	10,859	10,653	-
Retained Earnings	-10,683	-10,571	-10,259	-10,081	-8,639	-4,602
Treasury Stock	-0.45	-0.1	-0.02	-	-	-
Comprehensive Income & Other	86.12	77.36	62.69	18.69	49.61	88.22
Total Common Equity	417.6	494.27	758.86	797.04	2,064	-4,514
Shareholders' Equity	417.6	494.27	758.86	797.04	2,064	215.65
Total Liabilities & Equity	588.59	684.53	980.52	1,580	3,390	918.29
Total Debt	18.1	17.31	26.25	147.21	187.52	149.43
Net Cash (Debt)	392.58	463.29	707.19	1,044	2,659	506.19
Net Cash Growth	-26.78%	-34.49%	-32.24%	-60.75%	425.23%	-58.84%
Net Cash Per Share	47.72	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	380.43	450.13	699.25	659.67	1,841	76.92
Book Value Per Share	53.82	98.44	83.07	78.44	214.93	-3900.68
Tangible Book Value	417.6	494.27	758.86	797.04	2,064	-4,514
Tangible Book Value Per Share	53.82	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.