17 Education Technology Group Inc (YQ) - Net Assets
Based on the latest financial reports, 17 Education Technology Group Inc (YQ) has net assets worth $334.15 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($482.51 Million) and total liabilities ($148.36 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of 17 Education Technology Group Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $334.15 Million |
| % of Total Assets | 69.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | -80.93% |
| 10-Year Change | N/A |
| Growth Volatility | 20.84 |
17 Education Technology Group Inc - Net Assets Trend (2016–2024)
This chart illustrates how 17 Education Technology Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore 17 Education Technology Group Inc (YQ) total assets for the complete picture of this company's asset base.
Annual Net Assets for 17 Education Technology Group Inc (2016–2024)
The table below shows the annual net assets of 17 Education Technology Group Inc from 2016 to 2024. For live valuation and market cap data, see 17 Education Technology Group Inc (YQ) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $393.64 Million | -20.36% |
| 2023-12-31 | $494.27 Million | -34.87% |
| 2022-12-31 | $758.86 Million | -4.79% |
| 2021-12-31 | $797.04 Million | -61.39% |
| 2020-12-31 | $2.06 Billion | +146.28% |
| 2019-12-31 | $-4.46 Billion | -49.85% |
| 2018-12-31 | $-2.98 Billion | -17590.29% |
| 2017-12-31 | $-16.82 Million | +25.61% |
| 2016-12-31 | $-22.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 17 Education Technology Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 763298300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $322.00K | 0.08% |
| Other Comprehensive Income | $86.41 Million | 21.95% |
| Other Components | $11.07 Billion | 2812.37% |
| Total Equity | $393.64 Million | 100.00% |
17 Education Technology Group Inc Competitors by Market Cap
The table below lists competitors of 17 Education Technology Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aurora Spine Corp
V:ASG
|
$13.55 Million |
|
Malpac Holdings Bhd
KLSE:4936
|
$13.56 Million |
|
Wise Group AB
ST:WISE
|
$13.56 Million |
|
Future Metals NL
AU:FME
|
$13.56 Million |
|
Biomaxima
WAR:BMX
|
$13.55 Million |
|
Powerhouse Ventures Ltd
AU:PVL
|
$13.54 Million |
|
Nidaros Sparebank
OL:NISB
|
$13.54 Million |
|
Melewar Industrial Group Bhd
KLSE:3778
|
$13.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 17 Education Technology Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 494,269,000 to 393,639,000, a change of -100,630,000 (-20.4%).
- Net loss of 192,927,000 reduced equity.
- Share repurchases of 1,070,000 reduced equity.
- New share issuances of 22,388,000 increased equity.
- Other comprehensive income increased equity by 9,047,000.
- Other factors increased equity by 61,932,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-192.93 Million | -49.01% |
| Share Repurchases | $1.07 Million | -0.27% |
| Share Issuances | $22.39 Million | +5.69% |
| Other Comprehensive Income | $9.05 Million | +2.3% |
| Other Changes | $61.93 Million | +15.73% |
| Total Change | $- | -20.36% |
Book Value vs Market Value Analysis
This analysis compares 17 Education Technology Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-3198.55 | $2.08 | x |
| 2019-12-31 | $-479.31 | $2.08 | x |
| 2020-12-31 | $215.55 | $2.08 | x |
| 2021-12-31 | $80.66 | $2.08 | x |
| 2022-12-31 | $75.46 | $2.08 | x |
| 2023-12-31 | $53.88 | $2.08 | x |
| 2024-12-31 | $48.97 | $2.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 17 Education Technology Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -49.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -101.96%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.40x
- Recent ROE (-49.01%) is above the historical average (-54.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -211.15% | 0.22x | 0.00x | $-358.45 Million |
| 2019 | 0.00% | -237.38% | 0.44x | 0.00x | $-518.34 Million |
| 2020 | -64.91% | -103.52% | 0.38x | 1.64x | $-1.55 Billion |
| 2021 | -180.91% | -66.01% | 1.38x | 1.98x | $-1.52 Billion |
| 2022 | -23.42% | -33.46% | 0.54x | 1.29x | $-253.60 Million |
| 2023 | -63.08% | -182.37% | 0.25x | 1.38x | $-361.21 Million |
| 2024 | -49.01% | -101.96% | 0.34x | 1.40x | $-232.29 Million |
Industry Comparison
This section compares 17 Education Technology Group Inc's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $777,038,225
- Average return on equity (ROE) among peers: -8.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 17 Education Technology Group Inc (YQ) | $334.15 Million | 0.00% | 0.44x | $13.55 Million |
| ATA Creativity Global (AACG) | $44.82 Million | -27.22% | 2.11x | $30.18 Million |
| Afya Ltd (AFYA) | $2.83 Billion | 10.31% | 0.69x | $651.37 Million |
| Ambow Education Holding Ltd (AMBO) | $262.77 Million | 17.12% | 2.46x | $5.98 Million |
| American Public Education Inc (APEI) | $234.22 Million | 17.45% | 0.27x | $1.07 Billion |
| Adtalem Global Education Inc (ATGE) | $513.38 Million | 5.56% | 0.77x | $3.40 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $3.01 Billion | 8.20% | 0.55x | $17.48 Million |
| Chegg Inc (CHGG) | $231.07 Million | -25.62% | 0.26x | $62.56 Million |
| China Liberal Education Holdings (CLEU) | $4.61 Million | 18.85% | 0.14x | $336.66K |
| 51Talk Online Education Group (COE) | $17.94 Million | -91.41% | 1.04x | $117.74 Million |
| Coursera Inc (COUR) | $616.19 Million | -18.92% | 0.49x | $1.03 Billion |
About 17 Education Technology Group Inc
17 Education & Technology Group Inc., an education technology company, provides education and education technology services in the People's Republic of China. The company offers teaching and learning SaaS products, such as classroom solutions, question banks, homework assignments, self-directed learning, and multi-role reporting, etc. for regional educational authorities and schools. It also prov… Read more