Sunlands Technology Group (NYSE:STG) Q1 2024 Earnings Conference Call May 24, 2024 7:00 AM ET Company Participants Yuhua Ye - IR Tongbo Liu - CEO Hangyu Li - Financial Director Conference Call Participants Operator Ladies and gentlemen, thank you for standing by, and welcome to Sunlands First Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. Today's conference call is being recorded. I will now turn the call over to your host today, Yuhua, Sunlands IR Representat ...

文章核心观点 - 公司2024年第一季度净收入为5.232亿元人民币,同比下降7.7% [2] - 公司2024年第一季度净利润为1.127亿元人民币,同比下降37.4% [5][19] - 公司2024年第一季度新学生注册人数为175,758人,同比增长22.8% [6] - 公司管理层对长期盈利能力保持乐观,将继续优化产品组合和提高运营效率 [8][9][10] 财务数据总结 收入与利润 - 2024年第一季度净收入为5.232亿元人民币,同比下降7.7% [2][11] - 2024年第一季度毛利为4.461亿元人民币,同比下降10.6% [13][14] - 2024年第一季度净利润为1.127亿元人民币,同比下降37.4% [5][19] 成本与费用 - 2024年第一季度营业成本为7,716万元人民币,同比增长13.2% [12] - 2024年第一季度销售及营销费用为3.016亿元人民币,同比增长11.1% [16] - 2024年第一季度管理费用为3,256万元人民币,同比下降17.9% [17] - 2024年第一季度研发费用为700万元人民币,同比下降27.6% [18] 现金流与资产负债 - 2024年3月31日现金及现金等价物为8.035亿元人民币 [21] - 2024年3月31日递延收入余额为10.449亿元人民币 [22] - 公司持续保持经营活动现金净流入,为长期发展奠定了良好基础 [10] 业务发展情况 - 公司持续优化课程内容和教学质量,提升学生体验 [8][9] - 公司加大销售及营销投入,提高新学生注册人数 [6][16] - 公司探索业务增长和运营效率提升的新机会 [9]

BEIJING, May 24, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) (“Sunlands” or the “Company”), a leader in China’s adult online education market and China’s adult personal interest learning market, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operational Snapshots Net revenues were RMB523.2 million (US$72.5 million), compared to RMB566.9 million in the first quarter of 2023.Gross billings (non-GAAP) were RMB398.8 ...

BEIJING, May 13, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its first quarter 2024 unaudited financial results on Friday, May 24, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m. U.S. Eastern Time, (7:00 p.m. Beijing/Hong Kong time) on May 24, 2024, following the qu ...

BEIJING, May 13, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its first quarter 2024 unaudited financial results on Friday, May 24, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m. U.S. Eastern Time, (7:00 p.m. Beijing/Hong Kong time) on May 24, 2024, following the q ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2024 Commission file number: 001-38423 SUNLANDS TECHNOLOGY GROUP (Exact Name of Registrant as Specified in Its Charter) Building 6, Chaolai Science Park, No. 36 Chuangyuan Road, Chaoyang District Beijing, 100012, the People's Republic of China +86-10-52413738 (Address of Principal Executive Offices) Indicate ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1 ...

业绩总结 - 公司2023年全年营收为21.6亿元人民币，净利润为6.148亿元人民币，年度新生报名人数同比增长15.4%[10][11] - 公司第四季度净利润率为28.6%，较上一季度增长3.5个百分点[27] - 第四季度净利润为1.552亿人民币，基本和稀释每股净利润为22.59人民币[34] 用户数据 - 公司的兴趣课程经历了54.9%的年度增长，成为公司的重要增长动力[12] - 公司的兴趣教育课程表现突出，占总营收的63%，年度营收增长54.9%[15] - 公司观察到成人兴趣培训的用户搜索量激增，成为教育行业新业务领域中排名第一的领域[16] 未来展望 - 公司将继续加大对老年教育服务的投资，以满足这一不断增长的人群的需求[22] - 公司已经推出了教育旅行套餐，将课程与旅游活动相结合，以更好地了解用户群体并探索未来可能性[22] 新产品和新技术研发 - 公司的专业认证、技能和兴趣课程继续作为主要增长引擎，年度营收增长13.3%，占总营收的77.1%[14] 市场扩张和并购 - 公司自2021年12月和2018年8月采纳的股票回购计划中，成功回购了约42万股普通股，总投资额为1570万美元[24] 负面信息 - 第四季度净营收同比下降6.4%，为5.417亿人民币[30] - 第四季度毛利润同比下降7%，为4.68亿人民币[31] - 第四季度营销费用同比增长12.2%，为3.058亿人民币[32] - 截至2023年12月31日，公司递延收入余额为11.139亿人民币，资本支出主要用于支持公司运营的信息技术基础设备和租赁改善，第四季度资本支出为0.2万人民币[36]

BEIJING, March 22, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial and Operational Snapshots Net revenues were RMB541.7 million (US$76.3 million), compared to RMB578.6 million in the fourth quarter of 2022.Gross billings (non-GAAP) were RMB415.5 million (US ...

BEIJING, March 06, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced that it will report its fourth quarter and full year 2023 unaudited financial results on Friday, March 22, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m. U.S. Eastern Time, (7:00 p.m. Beijing/Hong Kong time) on March 22, 2024, following the quarterly resu ...