Gaotu Techedu (FRA:18WA) Gross-Profit-to-Asset % : 56.17% (As of Sep. 2024)

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What is Gaotu Techedu Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Gaotu Techedu's annualized Gross Profit for the quarter that ended in Sep. 2024 was €396.5 Mil. Gaotu Techedu's average Total Assets over the quarter that ended in Sep. 2024 was €705.9 Mil. Therefore, Gaotu Techedu's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 56.17%.

Gaotu Techedu Gross-Profit-to-Asset % Historical Data

The historical data trend for Gaotu Techedu's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Gaotu Techedu Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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84.64

75.79

56.69

35.83

41.13

Gaotu Techedu Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															46.00	41.43	50.17	49.91	56.17

Competitive Comparison of Gaotu Techedu's Gross-Profit-to-Asset %

For the Education & Training Services subindustry, Gaotu Techedu's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Gaotu Techedu's Gross-Profit-to-Asset % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Gaotu Techedu's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Gaotu Techedu's Gross-Profit-to-Asset % falls into.

Gaotu Techedu Gross-Profit-to-Asset % Calculation

Gaotu Techedu's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	278.766	/	( (660.256	+	695.219)	/ 2 )
	=	278.766	/	677.7375
	=	41.13 %

Gaotu Techedu's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	396.492	/	( (748.59	+	663.19)	/ 2 )
	=	396.492	/	705.89
	=	56.17 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Gaotu Techedu Gross-Profit-to-Asset % Related Terms

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Gaotu Techedu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Gaotu Techedu Inc (FRA:18WA) » Definitions » Gross-Profit-to-Asset %

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GOTU:USA 0A7G:UK

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 that provides online live courses in a large-class setting backed by its proprietary technology infrastructure. The company's segment includes the provision of education services. The company offers courses in large-class format, which amplifies the benefits of online education and allows it to rapidly expand its student base. It operates solely in the PRC and all assets are located in the PRC. The learning services that the company offers include Traditional Learning Services, Non-Academic Tutoring Services, and College Student and Adult Education Services.

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