Gaotu Techedu Past Earnings Performance
Past criteria checks 2/6
Gaotu Techedu's earnings have been declining at an average annual rate of -19.5%, while the Consumer Services industry saw earnings growing at 10.7% annually. Revenues have been declining at an average rate of 30.4% per year. Gaotu Techedu's return on equity is 5.3%, and it has net margins of 6.8%.
Key information
-19.5%
Earnings growth rate
-19.4%
EPS growth rate
| Consumer Services Industry Growth | 12.9% |
| Revenue growth rate | -30.4% |
| Return on equity | 5.3% |
| Net Margin | 6.8% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Gaotu Techedu makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 23 | 2,646 | 179 | 1,505 | 413 |
| 31 Mar 23 | 2,481 | 73 | 1,462 | 419 |
| 31 Dec 22 | 2,498 | 13 | 1,470 | 445 |
| 30 Sep 22 | 3,143 | 228 | 1,567 | 459 |
| 30 Jun 22 | 3,652 | -755 | 2,158 | 688 |
| 31 Mar 22 | 5,346 | -1,624 | 3,706 | 1,011 |
| 31 Dec 21 | 6,562 | -3,103 | 5,850 | 1,253 |
| 30 Sep 21 | 7,499 | -4,016 | 7,397 | 1,403 |
| 30 Jun 21 | 8,349 | -3,904 | 8,639 | 1,287 |
| 31 Mar 21 | 7,768 | -2,967 | 8,066 | 1,000 |
| 31 Dec 20 | 7,125 | -1,393 | 6,383 | 734 |
| 30 Sep 20 | 5,849 | -609 | 4,855 | 543 |
| 30 Jun 20 | 4,440 | 325 | 2,975 | 380 |
| 31 Mar 20 | 3,143 | 318 | 1,860 | 281 |
| 31 Dec 19 | 2,115 | 188 | 1,151 | 212 |
| 30 Sep 19 | 1,362 | 45 | 737 | 155 |
| 30 Jun 19 | 904 | 33 | 425 | 118 |
| 31 Mar 19 | 620 | 12 | 257 | 93 |
| 31 Dec 18 | 397 | -19 | 161 | 74 |
| 31 Dec 17 | 98 | -126 | 113 | 52 |
Quality Earnings: GSX N has a large one-off gain of CN¥42.3M impacting its last 12 months of financial results to 30th June, 2023.
Growing Profit Margin: GSX N became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GSX N has become profitable over the past 5 years, growing earnings by -19.5% per year.
Accelerating Growth: GSX N has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GSX N has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Services industry (10%).
Return on Equity
High ROE: GSX N's Return on Equity (5.3%) is considered low.