17 Education & Technology Group Inc. (YQ)

YQ Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	246.5	234.19	306.93	718.13	1,181
Short-Term Investments	160.47	125.11	169.76	19.53	-
Cash & Short-Term Investments	406.97	359.3	476.69	737.66	1,181
Cash Growth	13.27%	-24.63%	-35.38%	-37.53%	-58.35%
Accounts Receivable	42.58	67.1	59.21	34.82	-
Other Current Assets	101.14	82.51	94.84	140.89	161.83
Total Current Assets	550.68	508.91	630.73	913.38	1,343
Net Property, Plant & Equipment	37.46	38.18	52.02	62.35	223.77
Other Long-Term Assets	2.39	2.43	1.78	4.8	13.92
Total Assets	590.52	549.52	684.53	980.52	1,580
Accrued Expenses	123.28	104.42	128	153.02	392.29
Current Portion of Leases	4.99	6.8	7.65	18.72	46.89
Unearned Revenue	165.94	40.4	44.95	42.39	243.88
Total Current Liabilities	294.21	151.62	180.6	214.13	683.06
Long-Term Leases	9.68	4.26	9.66	7.53	100.33
Total Long-Term Liabilities	9.68	4.26	9.66	7.53	100.33
Total Liabilities	303.9	155.88	190.26	221.66	783.39
Common Stock	0.4	0.32	0.34	0.34	0.33
Treasury Stock	-0.04	-0.03	-0.1	-0.02	-
Additional Paid-in Capital	11,127	11,071	10,987	10,955	10,859
Accumulated Other Comprehensive Income	77.53	86.41	77.36	62.69	18.69
Retained Earnings	-10,918	-10,764	-10,571	-10,259	-10,081
Shareholders' Equity	286.63	393.64	494.27	758.86	797.04
Total Liabilities & Equity	590.52	549.52	684.53	980.52	1,580
Total Debt	14.68	11.06	17.31	26.25	147.21
Net Cash (Debt)	392.29	348.24	459.38	711.4	1,034
Net Cash Growth	12.65%	-24.19%	-35.43%	-31.18%	-60.96%
Net Cash Per Share	39.15	43.32	50.08	70.74	104.61
Book Value	286.63	393.64	494.27	758.86	797.04
Book Value Per Share	28.60	48.97	53.88	75.46	80.66
Tangible Book Value	286.63	393.64	494.27	758.86	797.04
Tangible Book Value Per Share	28.60	48.97	53.88	75.46	80.66

Updated Mar 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q