Sunlands Technology Group Net Assets
Sunlands Technology Group net assets. Based on the latest financial reports, Sunlands Technology Group (STG) has net assets worth $944.67 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.05 Billion) and total liabilities ($1.10 Billion). 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. Also explore Sunlands Technology Group (STG) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $944.67 Million |
| % of Total Assets | 46.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 30.11 |
Net Assets of Sunlands Technology Group (2015–2025)
Net assets of Sunlands Technology Group from 2015 to 2025. This chart illustrates how Sunlands Technology Group's net assets have evolved over time, based on quarterly financial data. See STG equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Sunlands Technology Group (2015–2025)
The table below shows the annual net assets of Sunlands Technology Group from 2015 to 2025. For live market cap and overall valuation, see market cap of Sunlands Technology Group.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $944.67 Million | +57.48% |
| 2024-12-31 | $599.86 Million | +117.70% |
| 2023-12-31 | $275.55 Million | +172.54% |
| 2022-12-31 | $-379.85 Million | +62.54% |
| 2021-12-31 | $-1.01 Billion | +16.33% |
| 2020-12-31 | $-1.21 Billion | -64.16% |
| 2019-12-31 | $-738.36 Million | -117.82% |
| 2018-12-31 | $-338.98 Million | +45.06% |
| 2017-12-31 | $-617.06 Million | +30.59% |
| 2016-12-31 | $-888.96 Million | -139.13% |
| 2015-12-31 | $-371.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunlands Technology Group'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 111430127900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Sunlands Technology Group Net Assets Breakdown (December 2025)
Sunlands Technology Group net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | 0.00% |
| Other Comprehensive Income | $144.10 Million | 15.23% |
| Other Components | $2.29 Billion | 241.93% |
| Total Equity | $946.16 Million | 100.00% |
Sunlands Technology Group Competitors by Market Cap
The table below lists competitors of Sunlands Technology Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cofidur SA
PA:ALCOF
|
$10.97 Million |
|
Shyam Century Ferrous Limited
NSE:SHYAMCENT
|
$10.97 Million |
|
Arita Prima Indonesia Tbk
JK:APII
|
$10.97 Million |
|
Energy Action Ltd
AU:EAX
|
$10.97 Million |
|
PN Poong Nyun Co. Ltd
KQ:024940
|
$10.96 Million |
|
Gurktaler Aktiengesellschaft
VI:GAGV
|
$10.96 Million |
|
NPK Co.Ltd
KQ:048830
|
$10.96 Million |
|
Irisity AB
ST:IRIS
|
$10.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunlands Technology Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 601,345,000 to 946,156,119, a change of 344,811,119 (57.3%).
- Net income of 355,669,438 contributed positively to equity growth.
- Share repurchases of 5,999,951 reduced equity.
- Other comprehensive income decreased equity by 3,145,297.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $355.67 Million | +37.59% |
| Share Repurchases | $6.00 Million | -0.63% |
| Other Comprehensive Income | $-3.15 Million | -0.33% |
| Other Changes | $-1.71 Million | -0.18% |
| Total Change | $- | 57.34% |
Book Value vs Market Value Analysis
This analysis compares Sunlands Technology Group'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: 0.03x
- 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 |
|---|---|---|---|
| 2015-12-31 | $-48.68 | $2.16 | x |
| 2016-12-31 | $-107.59 | $2.16 | x |
| 2017-12-31 | $-44.72 | $2.16 | x |
| 2018-12-31 | $-26.94 | $2.16 | x |
| 2019-12-31 | $-54.04 | $2.16 | x |
| 2020-12-31 | $-89.68 | $2.16 | x |
| 2021-12-31 | $-75.01 | $2.16 | x |
| 2022-12-31 | $-27.37 | $2.16 | x |
| 2023-12-31 | $20.08 | $2.16 | x |
| 2024-12-31 | $44.05 | $2.16 | x |
| 2025-12-31 | $70.23 | $2.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunlands Technology Group 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): 37.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.10%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.17x
- Recent ROE (37.59%) is above the historical average (29.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -200.18% | 1.59x | 0.00x | $-281.13 Million |
| 2016 | 0.00% | -60.53% | 1.71x | 0.00x | $-164.67 Million |
| 2017 | 0.00% | -94.68% | 0.49x | 0.00x | $-856.87 Million |
| 2018 | 0.00% | -46.96% | 0.53x | 0.00x | $-893.11 Million |
| 2019 | 0.00% | -18.01% | 0.55x | 0.00x | $-321.21 Million |
| 2020 | 0.00% | -19.62% | 0.68x | 0.00x | $-311.19 Million |
| 2021 | 0.00% | 8.73% | 0.97x | 0.00x | $319.98 Million |
| 2022 | 0.00% | 27.72% | 1.02x | 0.00x | $681.41 Million |
| 2023 | 231.32% | 29.67% | 1.02x | 7.65x | $613.13 Million |
| 2024 | 56.89% | 17.19% | 0.94x | 3.53x | $281.95 Million |
| 2025 | 37.59% | 18.10% | 0.96x | 2.17x | $261.05 Million |
Industry Comparison
This section compares Sunlands Technology Group's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $672,445,965
- Average return on equity (ROE) among peers: -26.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunlands Technology Group (STG) | $944.67 Million | 0.00% | 1.17x | $10.96 Million |
| ATA Creativity Global (AACG) | $379.30 Million | 6.08% | 0.21x | $19.06 Million |
| Afya Ltd (AFYA) | $3.00 Billion | 7.44% | 1.15x | $523.99 Million |
| Ambow Education Holding Ltd (AMBO) | $21.61 Million | -290.26% | 6.44x | $6.45 Million |
| American Public Education Inc (APEI) | $16.82 Million | 10.69% | 0.71x | $682.28 Million |
| Adtalem Global Education Inc (ATGE) | $415.67 Million | 14.71% | 1.02x | $3.40 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $2.81 Billion | -1.88% | 2.08x | $17.48 Million |
| Chegg Inc (CHGG) | $274.24 Million | -20.37% | 0.19x | $68.32 Million |
| China Liberal Education Holdings (CLEU) | $11.64 Million | 10.38% | 0.10x | $336.66K |
| 51Talk Online Education Group (COE) | $-14.71 Million | 0.00% | 0.00x | $113.01 Million |
| Coursera Inc (COUR) | $-187.00 Million | 0.00% | 0.00x | $1.07 Billion |
About Sunlands Technology Group
Sunlands Technology Group provides online education services through online and mobile platforms in the People's Republic of China. It offers adult online education and adult personal interest learning education through courses and educational content offerings, including interest, professional skills and professional certification preparation courses, and degree- or diploma-oriented post-seconda… Read more