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 millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net revenues | 1,490.44a | 1,019.77a | 4,390.91a |
| Cost of revenues | -684.32a | -436.36a | -2,203.34a |
| Gross profit | 806.12a | 583.41a | 2,187.57a |
| Operating expenses | — | — | — |
| Selling and marketing | -461.85a | -283.04a | -1,118.14a |
| General and administrative | -429.95a | -413.79a | -1,199.71a |
| Impairment loss on intangible assets and goodwill | 0a | 0a | -505.05a |
| Total operating expenses | -891.8a | -696.83a | -2,822.9a |
| Government subsidies | 16.45a | 22.68a | 20.81a |
| Loss from operations | -69.23a | -90.73a | -614.52a |
| Interest income | 84.93a | 61.56a | 103.18a |
| Interest expense | 0a | 0a | -7.87a |
| Other income / (expense) | 48.77a | -82.42a | 16.95a |
| Gain from disposal of a subsidiary | 0a | 9.55a | 0a |
| Impairment loss on long-term investments | -46.98a | -7.69a | -275.87a |
| Loss / income before provision for income tax and income / (loss) from equity method investments | 17.48a | -109.72a | -778.13a |
| Income tax expense | -15.38a | -20.01a | -396.99a |
| Income / (loss) from equity method investments | -6.24a | -2.25a | 10.79a |
| Net loss | -4.14a | -131.98a | -1,164.34a |
| Add: Net loss / (income) attributable to noncontrolling interests shareholders | 0.57a | -3.63a | 28.22a |
| Net loss attributable to TAL Education Group’s shareholders | -3.57a | -135.61a | -1,136.12a |
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.