TAL Education Group

Country

China (Mainland)

Sector

Consumer Defensive

Industry

Education & Training Services

Employees

23,000

Ticker

TAL

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

en.100tal.com

Description

Tal Education Group is a leading provider of after-school tutoring services in China. This educational asset focuses on delivering comprehensive tutoring in core academic subjects, mainly for primary ... Show more

Financial Statements of TAL Education Group

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.

Income Statement (as reported) Balance Sheet (as reported)

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

Verified Sources Behind TAL Education Group’s Financial Fundamentals Data

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a. TAL Education Group's Annual Report 2024

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TAL Education Group

Financial Statements of TAL Education Group

Verified Sources Behind TAL Education Group’s Financial Fundamentals Data

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