Gaotu Techedu (Gaotu Techedu) Other Income (Expense) : $12.0 Mil (TTM As of Dec. 2023)

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What is Gaotu Techedu Other Income (Expense)?

Gaotu Techedu's other income expense for the Gaotu Techedu's pretax income for the three months ended in Dec. 2023 was $5.3 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2023 was $12.0 Mil.

Gaotu Techedu Other Income (Expense) Historical Data

The historical data trend for Gaotu Techedu's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gaotu Techedu Other Income (Expense) Chart

Gaotu Techedu Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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2.52

49.55

-24.40

13.51

12.00

Gaotu Techedu Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Income (Expense)	Get a 7-Day Free Trial															5.98	3.31	0.21	3.20	5.33

Gaotu Techedu Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.0 Mil.

Gaotu Techedu (NYSE:GOTU) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Gaotu Techedu (Gaotu Techedu) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Gaotu Techedu Inc (NYSE:GOTU) » Definitions » Other Income (Expense)

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Traded in Other Exchanges

18WA:Germany

Address

10 Xibeiwang East Road, 5th Floor, Gientech Building, 17 East Zone, Haidian District, Beijing, CHN, 100193

Website

https://ir.gaotu.cn

Gaotu Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Its K-12 courses cover all primary and secondary grades. It also offers foreign language, professional, and interest courses. The company's segment includes the provision of education services. It operates solely in the PRC and all assets are located in the PRC.