Below are the financial statements of TAL Education Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in thousands of USD | 2024 as of 2024-02-29 | 2023 as of 2023-02-28 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 2,208,756a | 2,021,927a |
| Restricted cash-current | 167,656a | 126,891a |
| Short-term investments | 1,094,593a | 1,149,607a |
| Inventory | 68,328a | 39,002a |
| Amounts due from related parties-current | 343a | 423a |
| Income tax receivables | 0a | 5,071a |
| Prepaid expenses and other current assets | 159,498a | 125,486a |
| Total current assets | 3,699,174a | 3,468,407a |
| Restricted cash-non-current | 81,064a | 146,089a |
| Property and equipment, net | 405,319a | 288,877a |
| Deferred tax assets | 4,620a | 5,973a |
| Rental deposits | 16,947a | 12,734a |
| Intangible assets, net | 1,988a | 485a |
| Land use rights, net | 189,049a | 193,878a |
| Long-term investments | 284,266a | 453,375a |
| Amounts due from related parties-non-current | 59a | 0a |
| Long-term prepayments and other non-current assets | 14,359a | 5,534a |
| Operating lease right-of-use assets | 231,104a | 149,002a |
| Total assets | 4,927,949a | 4,724,354a |
| Liabilities and equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 127,321a | 59,991a |
| Deferred revenue-current | 400,286a | 234,889a |
| Amounts due to related parties-current | 96a | 100a |
| Accrued expenses and other current liabilities | 491,911a | 446,711a |
| Operating lease liabilities, current portion | 62,604a | 42,174a |
| Total current liabilities | 1,082,218a | 783,865a |
| Deferred revenue-non-current | 27,993a | 2,465a |
| Deferred tax liabilities | 2,360a | 1,563a |
| Operating lease liabilities, non-current portion | 176,614a | 115,548a |
| Total liabilities | 1,289,185a | 903,441a |
| Equity | — | — |
| Class A common shares | 152a | 169a |
| Class B common shares | 49a | 49a |
| Treasury stock | 0a | -6a |
| Additional paid-in capital | 4,256,957a | 4,400,656a |
| Statutory reserve | 165,138a | 160,353a |
| Accumulated deficit | -694,270a | -685,912a |
| Accumulated other comprehensive loss | -65,928a | -30,666a |
| Total TAL Education Group shareholders’ equity | 3,662,098a | 3,844,643a |
| Noncontrolling interests | -23,334a | -23,730a |
| Total equity | 3,638,764a | 3,820,913a |
| Total liabilities and equity | 4,927,949a | 4,724,354a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.