17 Education & Technology Group Inc. (YQ)

YQ Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-192.93	-311.78	-177.87	-1,442	-1,340
Depreciation & Amortization	12.28	16.17	24.73	64.76	39.7
Loss (Gain) From Sale of Assets	0.9	0.34	3.83	-	-
Asset Writedown & Restructuring Costs	-	5.76	3.64	121.29	-
Stock-Based Compensation	61.92	83.7	129.56	195.21	356.04
Provision & Write-off of Bad Debts	12.31	12.98	1.7	-	-
Other Operating Activities	9.18	16.83	34.26	100.8	62.96
Change in Accounts Receivable	-20.58	-31.17	-36.43	-	-
Change in Unearned Revenue	-4.55	2.56	-201.49	-354.41	354.12
Change in Other Net Operating Assets	-17.75	-7.47	-245.85	-192.43	4.11
Operating Cash Flow	-139.22	-212.08	-463.93	-1,507	-522.99
Capital Expenditures	-9.37	-26.59	-2.76	-129.36	-89.5
Sale of Property, Plant & Equipment	0.31	15.67	13.36	11.75	-
Investment in Securities	44.65	-150.23	-19.53	-	-
Investing Cash Flow	35.59	-161.14	-8.93	-117.6	-89.5
Short-Term Debt Repaid	-	-	-	-	-85
Total Debt Repaid	-	-	-	-	-85
Net Debt Issued (Repaid)	-	-	-	-	-85
Issuance of Common Stock	22.4	0.04	0.09	10.51	2,052
Repurchase of Common Stock	-1.07	-51.39	-33.95	-	-
Other Financing Activities	-	-	-	-9.56	-19
Financing Cash Flow	21.33	-51.36	-33.86	0.95	2,797
Foreign Exchange Rate Adjustments	9.56	13.38	43.94	-30.89	-38.5
Net Cash Flow	-72.74	-411.2	-462.77	-1,654	2,146
Free Cash Flow	-148.59	-238.67	-466.69	-1,636	-612.49
Free Cash Flow Margin	-78.53%	-139.60%	-87.88%	-74.89%	-47.32%
Free Cash Flow Per Share	-18.48	-26.02	-46.41	-165.57	-327.52
Cash Interest Paid	-	-	-	-	3.03
Levered Free Cash Flow	-96.16	-133.6	-449.28	-1,166	-44.28
Unlevered Free Cash Flow	-96.16	-133.6	-449.28	-1,166	-42.45
Change in Working Capital	-42.87	-36.08	-483.78	-546.84	358.22

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q