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Sunlands Technology Group (Sunlands Technology Group) ROE % : 731.65% (As of Sep. 2023)


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What is Sunlands Technology Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sunlands Technology Group's annualized net income for the quarter that ended in Sep. 2023 was $72.2 Mil. Sunlands Technology Group's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $9.9 Mil. Therefore, Sunlands Technology Group's annualized ROE % for the quarter that ended in Sep. 2023 was 731.65%.

The historical rank and industry rank for Sunlands Technology Group's ROE % or its related term are showing as below:

STG' s ROE % Range Over the Past 10 Years
Min: Negative Equity   Med: Negative Equity   Max: Negative Equity
Current: Negative Equity

During the past 8 years, Sunlands Technology Group's highest ROE % was Negative Equity%. The lowest was Negative Equity%. And the median was Negative Equity%.

STG's ROE % is ranked better than
99.61% of 256 companies
in the Education industry
Industry Median: 6.03 vs STG: Negative Equity

Sunlands Technology Group ROE % Historical Data

The historical data trend for Sunlands Technology Group's ROE % 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.

* Premium members only.

Sunlands Technology Group ROE % Chart

Sunlands Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial - - - Negative Equity Negative Equity

Sunlands Technology Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Equity Negative Equity Negative Equity Negative Equity 731.65

Competitive Comparison of Sunlands Technology Group's ROE %

For the Education & Training Services subindustry, Sunlands Technology Group's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sunlands Technology Group's ROE % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Sunlands Technology Group's ROE % distribution charts can be found below:

* The bar in red indicates where Sunlands Technology Group's ROE % falls into.



Sunlands Technology Group ROE % Calculation

Sunlands Technology Group's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=92.368/( (-158.452+-53.715)/ 2 )
=92.368/-106.0835
=Negative Equity %

Sunlands Technology Group's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=72.152/( (0.742+18.981)/ 2 )
=72.152/9.8615
=731.65 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


Sunlands Technology Group  (NYSE:STG) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=72.152/9.8615
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(72.152 / 287.552)*(287.552 / 290.7925)*(290.7925 / 9.8615)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.09 %*0.9889*29.4877
=ROA %*Equity Multiplier
=24.81 %*29.4877
=731.65 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=72.152/9.8615
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (72.152 / 74.712) * (74.712 / 66.88) * (66.88 / 287.552) * (287.552 / 290.7925) * (290.7925 / 9.8615)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9657 * 1.1171 * 23.26 % * 0.9889 * 29.4877
=731.65 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Sunlands Technology Group ROE % Related Terms

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Sunlands Technology Group (Sunlands Technology Group) Business Description

Traded in Other Exchanges
Address
No. 36 Chuangyuan Road, Building 4-6, Chaolai Science Park, Chaoyang District, Beijing, CHN, 100012
Sunlands Technology Group is a provider of online post-secondary and professional education services in China. The company offers various degree- and diploma-oriented post-secondary courses through its online platforms. In addition, it provides online professional courses and educational content to help students prepare for professional certification exams and attain professional skills. The Group has one operating segment, which is the provision of online education services.