FEDU vs STG
Four Seasons Education (Cayman) Inc. and Sunlands Technology Group, side by side — 10 fiscal years reported in CNY, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | FEDU | STG |
|---|---|---|
| Revenue | CNY 254.4M | CNY 2.0B |
| Net income | CNY 30.8M | CNY 365.6M |
| Gross margin | 25.8% | 86.9% |
| Net margin | 11.4% | 18.1% |
| Return on equity | 6.6% | 47.3% |
| Diluted EPS | CNY 1.34 | CNY 54.28 |
| Dividend / share | — | — |
| Payout ratio | — | 0.0% |
| Free cash flow | CNY 23.8M | CNY 146.6M |
| Equity | CNY 473.6M | CNY 945.6M |
| Net debt / equity | −0.10× | −0.61× |
| Current ratio | 1.85× | 1.21× |
| Revenue CAGR 5y | −1.9% | −1.7% |
| Profit CAGR 5y | — | — |
STG bills 7.9× the revenue of FEDU, and keeps more of each dollar of revenue as profit (18.1% against 11.4%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Revenue by year
10 years side by side
| Fiscal year | FEDU | STG |
|---|---|---|
| FY2025 | CNY 254.4M | CNY 2.0B |
| FY2024 | CNY 251.1M | CNY 2.0B |
| FY2023 | CNY 125.4M | CNY 2.2B |
| FY2022 | CNY 34.2M | CNY 2.3B |
| FY2021 | CNY 250.2M | CNY 2.5B |
| FY2020 | CNY 280.3M | CNY 2.2B |
| FY2019 | CNY 389.0M | CNY 2.2B |
| FY2018 | CNY 335.6M | CNY 2.0B |
| FY2017 | CNY 300.5M | CNY 970.2M |
| FY2016 | CNY 203.2M | CNY 418.9M |
Net income by year
Bottom line
| Fiscal year | FEDU | STG |
|---|---|---|
| FY2025 | CNY 30.8M | CNY 365.6M |
| FY2024 | CNY 801,000 | CNY 342.1M |
| FY2023 | CNY 5.0M | CNY 640.8M |
| FY2022 | CNY -29.7M | CNY 644.0M |
| FY2021 | CNY -113.5M | CNY 219.1M |
| FY2020 | CNY -28.2M | CNY -430.5M |
| FY2019 | CNY -109.5M | CNY -394.8M |
| FY2018 | CNY -601,000 | CNY -927.0M |
| FY2017 | CNY 44.4M | CNY -918.6M |
| FY2016 | CNY 17.7M | CNY -253.6M |