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TAL Education Group
Previous close
$8.93
Day range
$8.91 - $9.11
Year range
$6.24 - $15.52
Market cap
4.12B USD
Avg Volume
6.58M
Primary exchange
NYSE
Market news
Financials
Income Statement
Revenue
Net income
| (USD) | May 2024info | Y/Y change |
|---|---|---|
Revenue | 414.19M | 50.37% |
Operating expense | 231.51M | 19.52% |
Net income | 11.40M | 125.32% |
Net profit margin | 2.75 | 116.82% |
Earnings per share | 0.05 | 266.67% |
EBITDA | -9.86M | 79.28% |
Effective tax rate | 16.89% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | May 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 3.42B | 12.28% |
Total assets | 5.30B | 12.49% |
Total liabilities | 1.64B | 50.92% |
Total equity | 3.66B | — |
Shares outstanding | 604.71M | — |
Price to book | 1.47 | — |
Return on assets | -0.85% | — |
Return on capital | -1.10% | — |
Cash Flow
Net change in cash
| (USD) | May 2024info | Y/Y change |
|---|---|---|
Net income | 11.40M | 125.32% |
Cash from operations | 246.79M | 96.62% |
Cash from investing | -124.64M | -177.45% |
Cash from financing | 5.00K | 100.00% |
Net change in cash | 120.95M | -7.45% |
Free cash flow | 137.29M | 145.91% |
About
TAL Education Group, which stands for "Tomorrow Advancing Life", is a Chinese holding company that offers after-school education and tutoring for students in primary and secondary school. It is headquartered in Beijing, China. The company was founded in August 2003 by Zhang Bangxin and Cao Yundong, as "Xueersi".
The company provides standardized test preparation and consultation services for students studying abroad. It offered help to kids who could not go to school due to the COVID-19 pandemic in subjects including mathematics, Chinese, English, and coding. After new rules were issued by the Chinese government preventing for-profit tutoring companies from earning a profit, the company's stock went down significantly, with a projected 70% decrease in 2022 revenue.
In 2018, it acquired CodeMonkey. Wikipedia
Founded
Aug 2003
Employees
15,000
