17 Education & Technology Group (17 Education & Technology Group) Gross-Profit-to-Asset % : 11.25% (As of Dec. 2023)

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What is 17 Education & Technology Group 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. 17 Education & Technology Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was $11.52 Mil. 17 Education & Technology Group's average Total Assets over the quarter that ended in Dec. 2023 was $102.43 Mil. Therefore, 17 Education & Technology Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 11.25%.

17 Education & Technology Group Gross-Profit-to-Asset % Historical Data

The historical data trend for 17 Education & Technology Group'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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17 Education & Technology Group Gross-Profit-to-Asset % Chart

17 Education & Technology Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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19.51

37.62

53.51

23.97

9.56

17 Education & Technology Group Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial														8.02	0.97	15.10	11.80	11.25

Competitive Comparison of 17 Education & Technology Group's Gross-Profit-to-Asset %

For the Education & Training Services subindustry, 17 Education & Technology Group'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.

17 Education & Technology Group's Gross-Profit-to-Asset % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 17 Education & Technology Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where 17 Education & Technology Group's Gross-Profit-to-Asset % falls into.

17 Education & Technology Group Gross-Profit-to-Asset % Calculation

17 Education & Technology Group'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 )
	=	11.303	/	( (140.643	+	95.869)	/ 2 )
	=	11.303	/	118.256
	=	9.56 %

17 Education & Technology Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	11.524	/	( (108.997	+	95.869)	/ 2 )
	=	11.524	/	102.433
	=	11.25 %

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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

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17 Education & Technology Group (17 Education & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 17 Education & Technology Group Inc (NAS:YQ) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

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Address

Wangjing Greenland Center, 16th Floor, Block B, Chaoyang District, Beijing, CHN, 100102

Website

https://ucenter.17zuoye.com

17 Education & Technology Group Inc is an education technology company in China. It offers to assist students, teachers, schoolmasters, and educational authorities across China to achieve data-driven teaching, learning, and assessment. Geographically group operates in China.