Saturday 17 October 2026 Export STG’s income statement to Excel — free account

Sunlands Technology Group Sponsored ADR

STG Consumer Defensive Education & Training Services

Sunlands Technology Group Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $288.8 million, up 5.93% from fiscal 2024. In the quarter to June 2026, revenue fell 20.4%, EPS fell 29.0% and free cash flow grew 135.4%, each against the same quarter a year earlier.

2.55 0.05 −1.92%

Follow STG

Alert me

Market cap: $11.4M
P/E: 0.7×
Fwd P/E: 7.6×
Dividend yield: —
F-score: 8/9
Altman Z: 1.08
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 78.90%

Capital & Financial Ratios $m

Market Cap 11.37

Revenue 270.17

Net Income 52.28

Free Cash Flow 69.18

Net Debt (126.38)

Current Ratio 1.63

Debt/Equity 0.00

P/E ratio 0.73

Fwd P/E 7.58

P/S ratio 0.13

P/B ratio 0.21

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth 1,803.11%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 10.57%

10-year low 10-year high

P/S against its own 10 years 0.51%

10-year low 10-year high

P/B against its own 10 years 0.11%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	0.68	0.68
2021	Powerpack
2020	Powerpack
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	128	107	116	126
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	145	121	131	142

	2023	2024	2025	Q'26
Payables	—	—	—	—
ST’ Debt	5	1	—	—
Other	—	—	—	—
	142	110	109	87

Compound Annual Growth %

	10y	5y	3y
Sales	—	(3.08%)	(4.99%)
Cash Flow	—	0.00%	150.91%
Earnings	—	0.00%	(17.58%)
Book Value	—	0.00%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	64	60	—	—	—
’25	67	75	73	73	289
’24	72	68	70	62	273
’23	83	73	72	77	304
’22	97	83	81	76	337
’21	106	97	92	98	394
’20	80	73	80	106	338

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	21
’24	—	—	—	—	27
’23	—	—	—	—	20
’22	—	—	—	—	1
’21	—	—	—	—	(59)
’20	—	—	—	—	(29)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	21	21
’24	—	—	—	27	27
’23	—	—	—	19	19
’22	—	—	—	1	1
’21	—	—	—	(59)	(59)
’20	—	—	—	(33)	(33)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.83	0.93	—	—	—
’25	0.77	1.31	1.31	0.41	3.88
’24	1.14	0.83	0.93	0.59	3.43
’23	1.90	1.73	1.31	1.59	6.54
’22	2.14	1.26	1.69	1.89	6.83
’21	(0.62)	0.25	0.09	1.80	2.55
’20	(0.62)	(1.37)	(1.87)	(0.87)	(4.87)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	28.13	24.38	8.50	2.93	2.16	2.97	4.25	4.28	Analyst estimates 2026–2028 Powerpack
	High	—	—	176.00	71.25	35.13	36.88	8.11	15.40	12.55	15.00
People
People	Employees	—	9,146	3,847	2,880	7,347	4,064	2,318	2,113	2,071	1,567
	Revenue/emp, $m	0.00	0.02	0.07	0.11	0.05	0.10	0.15	0.14	0.13	0.18
Income, $m
Income, $m	Revenue	63	149	287	315	338	394	337	304	273	289
	Gross margin, %	83.05	82.45	83.26	81.94	82.43	85.00	85.01	87.70	84.04	86.91
	EBT	(38)	(140)	(135)	(56)	(66)	31	94	95	49	61
	EBT margin, %	(60.53)	(94.19)	(47.05)	(17.89)	(19.63)	7.88	27.92	31.31	17.93	21.26
	Net income	(38)	(141)	(135)	(57)	(66)	33	93	90	47	52
	Depreciation	1	1	4	5	6	6	7	4	4	4
Per share, $
Per share, $	Revenue	4.51	18.89	22.80	23.07	25.00	29.25	24.62	22.04	19.97	21.44
	Earnings	(5.46)	(16.31)	(10.75)	(4.12)	(4.87)	2.55	6.83	6.54	3.43	3.88
	Cash flow	0.96	15.96	2.09	(5.61)	(2.14)	(4.35)	0.10	1.44	1.96	1.56
	Capex	0.00	(7.77)	(5.99)	(0.26)	(0.31)	(0.03)	(0.03)	(0.06)	0.00	(0.01)
	Free cash flow	0.96	8.19	(3.90)	(5.87)	(2.45)	(4.38)	0.06	1.37	1.96	1.55
	Book value	(5.70)	(31.97)	(3.92)	(7.76)	(13.75)	(11.83)	(4.03)	2.81	6.02	10.02
	Shares, m	14	8	13	14	14	13	14	14	14	13
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	3.28	1.09	1.56	1.62	1.56
	P/S	0.00	0.00	1.67	1.39	0.55	0.17	0.31	0.46	0.28	0.28
	P/B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.62	0.94	0.59
	EV/Sales	0.00	0.00	0.64	0.76	0.05	(0.09)	0.03	0.11	(0.09)	(0.10)
	EV/FCF	0.00	0.00	0.00	0.00	(0.19)	0.15	(0.06)	(0.45)	1.67	(0.42)
Cash, $m
Cash, $m	Operating cash flow	13	126	26	(77)	(29)	(59)	1	20	27	21
	Capex	(3)	(61)	(75)	(4)	(4)	0	0	(1)	0	0
	Free cash flow	13	65	(49)	(80)	(33)	(59)	1	19	27	21
Balance, $m
Balance, $m	Working capital	(56)	(82)	39	(28)	(98)	(122)	(74)	3	11	23
	Total debt	—	—	38	32	30	35	26	20	6	—
	Net debt	(24)	(140)	(294)	(200)	(166)	(100)	(94)	(108)	(102)	(116)
	Shareholders’ equity	(80)	(252)	(49)	(106)	(186)	(159)	(55)	39	82	135
Returns, %
Returns, %	ROA	(22.60)	(83.54)	(31.85)	(10.18)	(12.34)	7.58	25.34	28.73	15.91	17.93
	ROIC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	211.48
	ROE	20.09	74.26	89.40	73.01	45.22	(19.93)	(87.17)	(1,109.91)	77.47	48.15

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
FEDU Four Seasons Education (Cayman) Inc. Unsponsored ADR	$24.9M	— (loss-making)	— (loss-making)	−68.29% (below 0%: shrinking)	n/m	−81.34% (below 0%: shrinking)	43.16%	0.00%	Compare
YQ 17 Education & Technology Group Inc. Sponsored ADR	$23.3M	— (loss-making)	— (loss-making)	+274.34% (above 0%: growing)	n/m	+124.09% (above 0%: growing)	69.17%	(0.70%)	Compare
YOUL Youlife Group Inc.	$20.2M	2.4×	3.0×	—	n/m	+1,055.84% (above 0%: growing)	—	—	Compare
EDTK Skillful Craftsman Education Technology Limited	$14.8M	— (loss-making)	— (loss-making)	−87.40% (below 0%: shrinking)	0.00%	+51.19% (above 0%: growing)	36.78%	0.00%	Compare
MYND Mynd.ai, Inc. Unsponsored ADR	$12.4M	0.1×	— (loss-making)	−272.04% (below 0%: shrinking)	−48.48% (below 0%: shrinking)	−674.71% (below 0%: shrinking)	22.85%	26.09%	Compare
ZME Zhangmen Education Inc. Sponsored ADR	$12.0M	— (loss-making)	— (loss-making)	−46.27% (below 0%: shrinking)	n/m	—	40.57%	0.00%	Compare
STG Sunlands Technology Group Sponsored ADR	$11.4M	0.7×	7.6×	−20.40% (below 0%: shrinking)	−29.01% (below 0%: shrinking)	+135.42% (above 0%: growing)	85.92%	20.54%
EEIQ EpicQuest Education Group International Limited	$7.6M	— (loss-making)	— (loss-making)	+10.29% (above 0%: growing)	−700.00% (below 0%: shrinking)	+55.89% (above 0%: growing)	72.71%	0.00%	Compare
WAFU Wah Fu Education & Technology Group Limited	$6.5M	3.9×	19.2×	+24.35% (above 0%: growing)	−85.71% (below 0%: shrinking)	−67.98% (below 0%: shrinking)	55.32%	0.00%	Compare
Median of peers	$13.6M	2.4×	—	−46.27%	−67.09%	+51.19%	43.16%	0.00%

All 46 Education & Training Services stocks →