STG vs YQ
Sunlands Technology Group and 17 Education & Technology Group Inc., side by side — 8 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | STG | YQ |
|---|---|---|
| Revenue | CNY 2.0B | CNY 106.0M |
| Net income | CNY 365.6M | CNY -154.4M |
| Gross margin | 86.9% | 47.8% |
| Net margin | 18.1% | −145.6% |
| Return on equity | 47.3% | −45.4% |
| Diluted EPS | CNY 54.28 | −CNY 0.31 |
| Dividend / share | · | · |
| Payout ratio | 0.0% | · |
| Free cash flow | CNY 146.6M | CNY 30.5M |
| Equity | CNY 945.6M | CNY 286.6M |
| Net debt / equity | −0.61× | · |
| Current ratio | 1.21× | 1.87× |
| Revenue CAGR 5y | −1.7% | −39.4% |
| Profit CAGR 5y | · | · |
STG bills 19.1× the revenue of YQ, and YQ closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
8 years side by side
| Fiscal year | STG | YQ |
|---|---|---|
| FY2025 | CNY 2.0B | CNY 106.0M |
| FY2024 | CNY 2.0B | CNY 189.2M |
| FY2023 | CNY 2.2B | CNY 171.0M |
| FY2022 | CNY 2.3B | CNY 531.1M |
| FY2021 | CNY 2.5B | CNY 2.2B |
| FY2020 | CNY 2.2B | CNY 1.3B |
| FY2019 | CNY 2.2B | CNY 406.2M |
| FY2018 | CNY 2.0B | CNY 310.7M |
Bottom line
| Fiscal year | STG | YQ |
|---|---|---|
| FY2025 | CNY 365.6M | CNY -154.4M |
| FY2024 | CNY 342.1M | CNY -192.9M |
| FY2023 | CNY 640.8M | CNY -311.8M |
| FY2022 | CNY 644.0M | CNY -177.9M |
| FY2021 | CNY 219.1M | CNY -1.4B |
| FY2020 | CNY -430.5M | CNY -1.3B |
| FY2019 | CNY -394.8M | CNY -963.8M |
| FY2018 | CNY -927.0M | CNY -656.1M |
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CNY 1,918,742,000 | STG |
| FY2024 | +CNY 1,805,133,000 | STG |
| FY2023 | +CNY 1,992,676,000 | STG |
| FY2022 | +CNY 1,797,754,000 | STG |
| FY2021 | +CNY 325,880,000 | STG |
| FY2020 | +CNY 909,975,000 | STG |
| FY2019 | +CNY 1,794,596,000 | STG |
| FY2018 | +CNY 1,671,799,000 | STG |
STG has reported the higher revenue in every one of these 8 fiscal years. The gap has widened since the earliest year compared.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +163.7 pp | STG |
| FY2024 | +119.2 pp | STG |
| FY2023 | +212.0 pp | STG |
| FY2022 | +61.2 pp | STG |
| FY2021 | +74.5 pp | STG |
| FY2020 | +84.0 pp | STG |
| FY2019 | +219.2 pp | STG |
| FY2018 | +164.2 pp | STG |
STG has kept the higher net margin in every one of these 8 fiscal years.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
YQ's net margin has been more volatile than STG's over the 8 comparable fiscal years — 66.9 percentage points of standard deviation against 25.5.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
STG led in net margin in every one of the 8 comparable fiscal years — a structural lead, not a recent swing.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.