# 17 Education & Technology Group Inc.: Form 20-F for the period ended Dec 31, 2023

- Company: [17 Education & Technology Group Inc.](/companies/yq.md) (CIK 1821468)
- Form: 20-F
- Filed: 2024-04-25
- Accepted by EDGAR: Apr 25, 2024, 06:19 ET
- Period: 2023-12-31
- Accession: 0000950170-24-047905
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1821468/000095017024047905/yq-20231231.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1821468/000095017024047905/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2023-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2023-01-01 to 2023-12-31 | $24.1m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months, 2023-01-01 to 2023-12-31 | $12.7m | us-gaap:CostOfRevenue |
| Gross profit | 12 months, 2023-01-01 to 2023-12-31 | $11.4m | us-gaap:GrossProfit |
| Research and development | 12 months, 2023-01-01 to 2023-12-31 | $23.7m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2023-01-01 to 2023-12-31 | −$48.3m | us-gaap:OperatingIncomeLoss |
| Income tax | 12 months, 2023-01-01 to 2023-12-31 | CNY 0 | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2023-01-01 to 2023-12-31 | −$43.9m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2023-01-01 to 2023-12-31 | −$0.10 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months, 2023-01-01 to 2023-12-31 | −$0.10 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2023-01-01 to 2023-12-31 | 458,636,327 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2023-01-01 to 2023-12-31 | −$29.9m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2023-01-01 to 2023-12-31 | $3.7m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | at 2023-12-31 | $43.2m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2023-12-31 | $88.8m | us-gaap:AssetsCurrent |
| Total assets | at 2023-12-31 | $96.4m | us-gaap:Assets |
| Current liabilities | at 2023-12-31 | $25.4m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2023-12-31 | $26.8m | us-gaap:Liabilities |
| Shareholders' equity | at 2023-12-31 | $69.6m | us-gaap:StockholdersEquity |

## Sections

Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. https://www.sec.gov/Archives/edgar/data/1821468/000095017024047905/yq-20231231.htm

Filed Apr 25, 2024.
Source: SEC EDGAR, the filing index for accession 0000950170-24-047905. Last ingested by Listed: Oct 24, 2026, 15:15 ET. No prices; not investment advice.