10 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings, in CNY as reported — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 1.7% per year over the past 5 years.
Operating margin has expanded, at 18.6% in the latest year.
Financial health
The company holds more cash (CN¥576M) than total debt (CN¥0).
Operating income covered interest expense 442× in the latest year, up from -55.5× 5 years ago.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
CN¥2.0B
CN¥366M
86.9%
18.6%
38.7%
17.9%
CN¥147M
CN¥0
CN¥576M
2024
CN¥2.0B
CN¥342M
84.0%
15.0%
56.9%
16.1%
CN¥195M
CN¥42M
CN¥507M
2023
CN¥2.2B
CN¥641M
87.7%
26.6%
231.3%
30.2%
CN¥135M
CN¥143M
CN¥764M
2022
CN¥2.3B
CN¥644M
85.0%
26.6%
-172.0%
28.3%
CN¥6M
CN¥182M
CN¥754M
2021
CN¥2.5B
CN¥219M
85.0%
4.6%
-21.7%
8.4%
-CN¥387M
CN¥221M
CN¥627M
2020
CN¥2.2B
-CN¥431M
82.4%
-29.5%
35.5%
-13.2%
-CN¥201M
CN¥193M
CN¥761M
2019
CN¥2.2B
-CN¥395M
81.9%
-21.0%
53.5%
-9.9%
-CN¥558M
CN¥226M
CN¥1.4B
2018
CN¥2.0B
-CN¥927M
83.3%
-52.1%
273.4%
-24.8%
-CN¥337M
CN¥258M
CN¥1.2B
2017
CN¥970M
-CN¥919M
82.5%
-95.6%
55.9%
-46.6%
CN¥421M
—
CN¥559M
2016
CN¥419M
-CN¥254M
83.1%
-61.8%
—
—
CN¥73M
—
—
Frequently asked questions
Is STG growing its revenue and profit?
Over the past 5 years, Sunlands Technology Group's revenue has declined 1.7% per year. These are computed facts, not advice.
How much debt does STG have?
As of FY2025, Sunlands Technology Group reported CN¥0 of total debt against CN¥576M of cash; operating income covered interest expense 442×.
What is STG's profit margin?
In FY2025, gross margin was 86.9%, operating margin 18.6%, and net margin 18.1%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.