Gaotu Techedu Inc. (GOTU)

USD 2.37

(-2.87%)

Net Debt Summary of Gaotu Techedu Inc.

Gaotu Techedu Inc.'s latest annual net debt in 2023 was -447.9 Million CNY , up 39.26% from previous year.
Gaotu Techedu Inc.'s latest quarterly net debt in 2024 Q2 was -998.57 Million CNY , down -6.86% from previous quarter.
Gaotu Techedu Inc. reported annual net debt of -737.38 Million CNY in 2022, down -97.75% from previous year.
Gaotu Techedu Inc. reported annual net debt of -372.88 Million CNY in 2021, down -184.45% from previous year.
Gaotu Techedu Inc. reported quarterly net debt of -934.45 Million CNY for 2024 Q1, down -108.63% from previous quarter.
Gaotu Techedu Inc. reported quarterly net debt of -761.11 Million CNY for 2023 Q3, down -11.56% from previous quarter.

Annual Net Debt Chart of Gaotu Techedu Inc. (2023 - 2017)

Historical Annual Net Debt of Gaotu Techedu Inc. (2023 - 2017)

Year	Net Debt	Net Debt Growth
2023	-447.9 Million CNY	39.26%
2022	-737.38 Million CNY	-97.75%
2021	-372.88 Million CNY	-184.45%
2020	441.54 Million CNY	144.97%
2019	180.24 Million CNY	641.94%
2018	-33.25 Million CNY	-72.38%
2017	-19.29 Million CNY	0.0%

Year	Net Debt	Net Debt Growth
2024 Q2	-998.57 Million CNY	-6.86%
2024 Q1	-934.45 Million CNY	-108.63%
2023 Q3	-761.11 Million CNY	-11.56%
2023 Q1	-1.09 Billion CNY	-49.11%
2023 FY	-447.9 Million CNY	39.26%
2023 Q2	-682.23 Million CNY	37.95%
2023 Q4	-447.9 Million CNY	41.15%
2022 Q4	-737.38 Million CNY	8.22%
2022 Q2	-437.64 Million CNY	40.41%
2022 FY	-737.38 Million CNY	-97.75%
2022 Q1	-734.46 Million CNY	-96.97%
2022 Q3	-803.46 Million CNY	-83.59%
2021 Q1	-2.03 Billion CNY	-561.96%
2021 FY	-372.88 Million CNY	-184.45%
2021 Q3	-313.43 Million CNY	-110.94%
2021 Q4	-372.88 Million CNY	-18.97%
2021 Q2	-148.58 Million CNY	92.72%
2020 FY	441.54 Million CNY	144.97%
2020 Q4	441.54 Million CNY	-14.57%
2020 Q3	516.87 Million CNY	63.76%
2020 Q2	315.62 Million CNY	302.52%
2020 Q1	-155.84 Million CNY	-186.47%
2019 Q1	14.07 Million CNY	142.31%
2019 Q2	151.44 Million CNY	976.15%
2019 FY	180.24 Million CNY	641.94%
2019 Q4	180.24 Million CNY	1.24%
2019 Q3	178.04 Million CNY	17.56%
2018 FY	-33.25 Million CNY	-72.38%
2018 Q1	27.26 Million CNY	0.0%
2018 Q4	-33.25 Million CNY	0.0%
2017 FY	-19.29 Million CNY	0.0%

Peer Net Debt Comparison of Gaotu Techedu Inc.

Name	Net Debt	Net Debt Difference
Adtalem Global Education Inc.	626.65 Million USD	171.476%
Chegg, Inc.	482.14 Million USD	192.899%
China Online Education Group	-20.66 Million USD	-2067.252%
Coursera, Inc.	-649.72 Million USD	31.062%
New Oriental Education & Technology Group Inc.	-904.44 Million USD	50.477%
Graham Holdings Company	1.05 Billion USD	142.602%
Stride, Inc.	27.59 Million USD	1722.907%
Skillsoft Corp.	494.64 Million USD	190.55%
TAL Education Group	-2.13 Billion USD	79.042%
Universal Technical Institute, Inc.	198.07 Million USD	326.127%