# Sunlands Technology Group: Form 20-F for the period ended Dec 31, 2024

- Company: [Sunlands Technology Group](/companies/stg.md) (CIK 1723935)
- Form: 20-F
- Filed: 2025-04-25
- Accepted by EDGAR: Apr 25, 2025, 07:00 ET
- Period: 2024-12-31
- Accession: 0000950170-25-058319
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1723935/000095017025058319/stg-20241231.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1723935/000095017025058319/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2024-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2024-01-01 to 2024-12-31 | $272.7m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months, 2024-01-01 to 2024-12-31 | $43.5m | us-gaap:CostOfRevenue |
| Gross profit | 12 months, 2024-01-01 to 2024-12-31 | $229.2m | us-gaap:GrossProfit |
| Research and development | 12 months, 2024-01-01 to 2024-12-31 | $3.4m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2024-01-01 to 2024-12-31 | $40.8m | us-gaap:OperatingIncomeLoss |
| Interest expense | 12 months, 2024-01-01 to 2024-12-31 | $725.0k | us-gaap:InterestExpense |
| Income tax | 12 months, 2024-01-01 to 2024-12-31 | $178.0k | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2024-01-01 to 2024-12-31 | $46.9m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2024-01-01 to 2024-12-31 | $6.87 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months, 2024-01-01 to 2024-12-31 | $6.87 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2024-01-01 to 2024-12-31 | 6,824,824 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2024-01-01 to 2024-12-31 | $26.8m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2024-01-01 to 2024-12-31 | $35.0k | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | at 2024-12-31 | $69.5m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2024-12-31 | $121.2m | us-gaap:AssetsCurrent |
| Total assets | at 2024-12-31 | $290.6m | us-gaap:Assets |
| Current liabilities | at 2024-12-31 | $109.8m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2024-12-31 | $208.4m | us-gaap:Liabilities |
| Long-term debt | at 2024-12-31 | $4.8m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | at 2024-12-31 | $843.0k | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | at 2024-12-31 | $82.4m | 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/1723935/000095017025058319/stg-20241231.htm

Filed Apr 25, 2025.
Source: SEC EDGAR, the filing index for accession 0000950170-25-058319. Last ingested by Listed: Oct 28, 2026, 07:02 ET. No prices; not investment advice.