# Sunlands Technology Group: Form 20-F for the period ended Dec 31, 2018

- Company: [Sunlands Technology Group](/companies/stg.md) (CIK 1723935)
- Form: 20-F
- Filed: 2019-04-26
- Accepted by EDGAR: Apr 26, 2019, 08:07 ET
- Period: 2018-12-31
- Accession: 0001564590-19-013218
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1723935/000156459019013218/stg-20f_20181231.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1723935/000156459019013218/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2018-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2018-01-01 to 2018-12-31 | $287.1m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months, 2018-01-01 to 2018-12-31 | $48.1m | us-gaap:CostOfRevenue |
| Gross profit | 12 months, 2018-01-01 to 2018-12-31 | $239.1m | us-gaap:GrossProfit |
| Research and development | 12 months, 2018-01-01 to 2018-12-31 | $11.1m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2018-01-01 to 2018-12-31 | −$149.7m | us-gaap:OperatingIncomeLoss |
| Interest expense | 12 months, 2018-01-01 to 2018-12-31 | $316.0k | us-gaap:InterestExpense |
| Income tax | 12 months, 2018-01-01 to 2018-12-31 | $0 | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2018-01-01 to 2018-12-31 | −$134.8m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2018-01-01 to 2018-12-31 | −$21.42 | us-gaap:EarningsPerShareBasicAndDiluted |
| Operating cash flow | 12 months, 2018-01-01 to 2018-12-31 | $26.3m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2018-01-01 to 2018-12-31 | $75.3m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | at 2018-12-31 | $181.6m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2018-12-31 | $375.7m | us-gaap:AssetsCurrent |
| Total assets | at 2018-12-31 | $543.8m | us-gaap:Assets |
| Current liabilities | at 2018-12-31 | $336.6m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2018-12-31 | $593.1m | us-gaap:Liabilities |
| Long-term debt | at 2018-12-31 | $32.8m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | at 2018-12-31 | $4.7m | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | at 2018-12-31 | −$49.3m | 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/1723935/000156459019013218/stg-20f_20181231.htm

Filed Apr 26, 2019.
Source: SEC EDGAR, the filing index for accession 0001564590-19-013218. Last ingested by Listed: Oct 28, 2026, 07:02 ET. No prices; not investment advice.