17 Education Technology Group Inc (YQ) - Total Assets
Based on the latest financial reports, 17 Education Technology Group Inc (YQ) holds total assets worth $482.51 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See YQ total equity for net asset value and shareholders' equity analysis.
17 Education Technology Group Inc - Total Assets Trend (2016–2024)
This chart illustrates how 17 Education Technology Group Inc's total assets have evolved over time, based on quarterly financial data.
17 Education Technology Group Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
17 Education Technology Group Inc's total assets of $482.51 Million consist of 92.6% current assets and 7.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 42.6% |
| Accounts Receivable | $67.59 Million | 12.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how 17 Education Technology Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see YQ market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: 17 Education Technology Group Inc's current assets represent 92.6% of total assets in 2024, an increase from 0.0% in 2016.
- Cash Position: Cash and equivalents constituted 42.6% of total assets in 2024, up from 38.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 5.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 12.3% of total assets.
17 Education Technology Group Inc Competitors by Total Assets
Key competitors of 17 Education Technology Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastern Pioneer Auto Driving S
SHG:603377
|
China | CN¥3.81 Billion |
|
Gaotu Techedu Inc
F:18WA
|
Germany | €5.11 Billion |
|
G8 Education Ltd
AU:GEM
|
Australia | AU$1.88 Billion |
|
Idp Education Ltd
AU:IEL
|
Australia | AU$1.18 Billion |
|
EDU Holdings Ltd
AU:EDU
|
Australia | AU$55.09 Million |
|
Nido Education Ltd
AU:NDO
|
Australia | AU$326.18 Million |
|
3P Learning Ltd
AU:3PL
|
Australia | AU$199.04 Million |
|
Nexted Group Ltd
AU:NXD
|
Australia | AU$117.84 Million |
17 Education Technology Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.10 | 3.50 | 1.98 |
| Quick Ratio | 3.10 | 3.50 | 1.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $302.99 Million | $362.22 Million | $1.20 Billion |
17 Education Technology Group Inc - Advanced Valuation Insights
This section examines the relationship between 17 Education Technology Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.62 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -19.7% |
| Total Assets | $549.52 Million |
| Market Capitalization | $13.55 Million USD |
Valuation Analysis
Below Book Valuation: The market values 17 Education Technology Group Inc's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: 17 Education Technology Group Inc's assets decreased by 19.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for 17 Education Technology Group Inc (2016–2024)
The table below shows the annual total assets of 17 Education Technology Group Inc from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $549.52 Million | -19.72% |
| 2023-12-31 | $684.53 Million | -30.19% |
| 2022-12-31 | $980.52 Million | -37.96% |
| 2021-12-31 | $1.58 Billion | -53.38% |
| 2020-12-31 | $3.39 Billion | +269.14% |
| 2019-12-31 | $918.29 Million | -36.28% |
| 2018-12-31 | $1.44 Billion | +1028.55% |
| 2017-12-31 | $127.71 Million | +416.08% |
| 2016-12-31 | $24.75 Million | -- |
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