XNYSSTG
Market cap181mUSD
Dec 23, Last price
6.69USD
1D
7.28%
1Q
1.36%
IPO
-39.18%
Name
Sunlands Technology Group
Chart & Performance
P/E
1.03
P/S
0.31
EPS
47.23
Div Yield, %
34.43%
Shrs. gr., 5y
1.85%
Rev. gr., 5y
1.81%
Revenues
2.16b
-7.04%
Net income
641m
-0.49%
CFO
141m
+1,439.79%
Dividend
Jun 29, 20220.63 USD/sh
Profile
Sunlands Technology Group, through its subsidiaries, provides online education services in the People's Republic of China. It offers various degree- and diploma-oriented post-secondary courses, including preparation courses for the self-taught higher education examination (STE) for learners pursuing associate diplomas or bachelor's degrees, as well as for the entrance examinations of Master of Business Administration programs. The company's STE courses include Chinese language and literature, law, pre-school education, marketing, English, human resource management, business administration, business management, modern corporate governance, financial management, advertising, accounting, administrative management, computer information management, finance, convention management, chain operation management, and visual communication and design. It also provides professional certification preparation courses in various industries and professions, such as accounting, human resources, teaching, and finance. The company was formerly known as Sunlands Online Education Group and changed its name to Sunlands Technology Group in August 2018. Sunlands Technology Group was founded in 2003 and is headquartered in Beijing, the People's Republic of China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
| Income | |||||||||
Revenues | 2,159,584 -7.04% | 2,323,101 -7.37% | 2,507,817 13.80% | ||||||
Cost of revenue | 1,584,691 | 1,706,159 | 2,393,552 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 574,893 | 616,942 | 114,265 | ||||||
NOPBT Margin | 26.62% | 26.56% | 4.56% | ||||||
Operating Taxes | 25,166 | 11,992 | (19,618) | ||||||
Tax Rate | 4.38% | 1.94% | |||||||
NOPAT | 549,727 | 604,950 | 133,883 | ||||||
Net income | 640,830 -0.49% | 643,959 193.97% | 219,056 -150.67% | ||||||
Dividends | (31,254) | (32,562) | |||||||
Dividend yield | 11.14% | 16.33% | |||||||
Proceeds from repurchase of equity | (4,750) | (6,742) | (4,866) | ||||||
BB yield | 1.69% | 3.38% | 3.65% | ||||||
| Debt | |||||||||
Debt current | 46,673 | 55,719 | 52,964 | ||||||
Long-term debt | 427,222 | 794,072 | 1,004,549 | ||||||
Deferred revenue | (3,742) | 704,860 | 1,081,231 | ||||||
Other long-term liabilities | 567,105 | 6,770 | 11,698 | ||||||
Net debt | (493,343) | (47,906) | 191,795 | ||||||
| Cash flow | |||||||||
Cash from operating activities | 140,798 | 9,144 | (373,251) | ||||||
CAPEX | (5,763) | (3,243) | (16,536) | ||||||
Cash from investing activities | (71,818) | 96,182 | 342,681 | ||||||
Cash from financing activities | (74,658) | (67,911) | (38,904) | ||||||
FCF | 256,657 | 469,106 | 62,036 | ||||||
| Balance | |||||||||
Cash | 905,884 | 824,184 | 810,874 | ||||||
Long term investments | 61,354 | 73,513 | 54,844 | ||||||
Excess cash | 859,259 | 781,542 | 740,327 | ||||||
Stockholders' equity | (2,029,493) | (2,689,591) | (3,378,465) | ||||||
Invested Capital | 3,180,754 | 3,497,755 | 4,020,638 | ||||||
ROIC | 16.46% | 16.09% | 3.08% | ||||||
ROCE | 49.77% | 75.78% | 17.21% | ||||||
| EV | |||||||||
Common stock shares outstanding | 13,799 | 13,680 | 13,455 | ||||||
Price | 20.34 39.51% | 14.58 47.27% | 9.90 354.13% | ||||||
Market cap | 280,670 40.72% | 199,457 49.74% | 133,206 352.34% | ||||||
EV | (214,160) | 146,187 | 320,075 | ||||||
EBITDA | 605,541 | 663,626 | 152,181 | ||||||
EV/EBITDA | 0.22 | 2.10 | |||||||
Interest | 7,657 | 10,059 | 10,929 | ||||||
Interest/NOPBT | 1.33% | 1.63% | 9.56% | ||||||