# 17 Education & Technology Group Inc.: Form 20-F for the period ended Dec 31, 2020

- Company: [17 Education & Technology Group Inc.](/companies/yq.md) (CIK 1821468)
- Form: 20-F
- Filed: 2021-04-09
- Accepted by EDGAR: Apr 9, 2021, 16:31 ET
- Period: 2020-12-31
- Accession: 0001564590-21-018346
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1821468/000156459021018346/yq-20f_20201231.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1821468/000156459021018346/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2020-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2020-01-01 to 2020-12-31 | $198.4m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months, 2020-01-01 to 2020-12-31 | $76.0m | us-gaap:CostOfRevenue |
| Gross profit | 12 months, 2020-01-01 to 2020-12-31 | $122.4m | us-gaap:GrossProfit |
| Research and development | 12 months, 2020-01-01 to 2020-12-31 | $94.2m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2020-01-01 to 2020-12-31 | −$204.5m | us-gaap:OperatingIncomeLoss |
| Interest expense | 12 months, 2020-01-01 to 2020-12-31 | $448.0k | us-gaap:InterestExpense |
| Net income | 12 months, 2020-01-01 to 2020-12-31 | −$205.3m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2020-01-01 to 2020-12-31 | −$6.85 | us-gaap:EarningsPerShareBasicAndDiluted |
| Operating cash flow | 12 months, 2020-01-01 to 2020-12-31 | −$80.2m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2020-01-01 to 2020-12-31 | $13.7m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | at 2020-12-31 | $434.5m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2020-12-31 | $466.9m | us-gaap:AssetsCurrent |
| Total assets | at 2020-12-31 | $519.5m | us-gaap:Assets |
| Current liabilities | at 2020-12-31 | $184.8m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2020-12-31 | $203.2m | us-gaap:Liabilities |
| Shareholders' equity | at 2020-12-31 | $316.3m | us-gaap:StockholdersEquity |
| Shares outstanding | at 2020-12-31 | 480,183,070 shares | dei:EntityCommonStockSharesOutstanding |

## 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/1821468/000156459021018346/yq-20f_20201231.htm

Filed Apr 9, 2021.
Source: SEC EDGAR, the filing index for accession 0001564590-21-018346. Last ingested by Listed: Oct 24, 2026, 15:15 ET. No prices; not investment advice.