TAL Education Group (TAL) Financials

NYSE:TAL

Market Cap

4.72B

Total Revenue

1.02B

Gross Profit

583.41M

Operating Income

-90.73M

Net Income

-129.73M

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
revenue	313,895,205	433,969,569	619,948,777	1,043,099,655	1,715,015,984	2,562,984,000	3,273,308,000	4,495,755,000	4,390,907,000	1,019,772,000
costOfRevenue	151,543,116	203,073,957	303,634,829	522,326,988	882,316,083	1,164,454,000	1,468,569,000	2,048,561,000	2,203,336,000	436,358,000
grossProfit	162,352,089	230,895,612	316,313,948	520,772,667	832,699,901	1,398,530,000	1,804,739,000	2,447,194,000	2,187,571,000	583,414,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	35,761,166	53,881,815	73,567,617	126,005,365	242,101,553	484,000,000	852,808,000	1,680,050,000	1,118,141,000	283,036,000
generalAndAdministrativeExpenses	70,299,742	110,230,010	161,021,637	263,286,710	386,287,317	579,672,000	794,957,000	1,117,324,000	1,199,708,000	413,791,000
sellingGeneralAndAdministrativeExpenses	106,060,908	164,111,825	234,589,254	389,292,075	628,388,870	1,063,672,000	1,647,765,000	2,797,374,000	2,317,849,000	696,827,000
operatingExpenses	104,956,158	163,647,498	231,262,085	386,178,198	623,738,811	1,056,948,000	1,638,298,000	2,777,883,000	2,297,037,000	674,144,000
operatingIncome	57,395,931	67,248,114	85,051,863	134,594,469	208,603,328	341,582,000	26,143,000	-330,689,000	-179,196,000	-90,730,000
totalOtherIncomeExpensesNet	451,332	-808,109	41,616,781	14,997,827	14,834,888	73,636,000	-76,796,000	106,066,000	-598,934,000	-18,989,000
ebitda	57,045,853	81,851,661	100,262,489	175,800,416	266,204,753	532,923,000	144,135,000	-75,579,000	10,663,000	-111,582,000
depreciationAndAmortization	10,011,334	12,465,780	19,183,024	33,561,797	59,214,098	88,835,000	117,992,000	255,110,000	189,859,000	-20,852,000
interestIncome	9,438,263	16,613,656	17,732,879	18,133,229	39,838,177	59,614,000	72,991,000	114,232,000	103,179,000	61,564,000
interestExpense	9,438,263	5,811,288	7,499,323	13,144,561	16,640,329	17,628,000	11,820,000	16,946,000	7,871,000	24,871,000
incomeBeforeTax	67,285,526	77,242,373	136,902,200	154,580,964	246,993,826	457,204,000	-50,653,000	-224,623,000	-778,130,000	-109,719,000
incomeTaxExpense	6,679,754	9,368,541	33,482,744	36,164,533	44,653,725	76,504,000	69,328,000	-69,897,000	396,992,000	20,011,000
netIncome	60,605,772	67,156,575	102,878,518	114,781,168	198,439,936	367,236,000	-119,981,000	-154,726,000	-1,175,122,000	-129,730,000
eps	0.13	0.14	0.21	0.24	0.38	0.64	-0.2	-0.25	-1.82	-0.2
epsdiluted	0.13	0.14	0.2	0.22	0.34	0.61	-0.2	-0.25	-1.82	-0.2
weightedAverageShsOut	470,180,981	475,144,725	480,375,545	487,694,251	524,991,221	569,911,920	594,612,571	610,871,260	644,540,864	637,789,610
weightedAverageShsOutDil	478,334,782	490,768,947	549,223,687	565,581,815	583,052,220	600,734,875	594,612,571	610,871,260	644,540,864	637,789,610
costAndExpenses	256,499,274	366,721,455	534,896,914	908,505,186	1,506,054,894	2,221,402,000	3,106,867,000	4,826,444,000	4,500,373,000	1,110,502,000
otherExpenses	101,254	-2,010,109	-2,522,253	23,072,718	17,405,486	131,727,000	-9,467,000	-19,491,000	-20,812,000	-22,683,000

Key Facts

Industry

Education & Training Services

Sector

Consumer Defensive

Headquarters

Beijing, , CN

Website

100tal.com

CEO

Mr. Bangxin Zhang

Employees

11700

About the Company

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. The company offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese. It provides tutoring services primarily through small-class services under the Xueersi, Xueersi Online School, First Leap, Tipaipai, Xiaohou AI, Xiaohoucode, Aiqidao, Mamabang, Kaoyanbang, and Shunshunliuxue brand names; and personalized premium services under Izhikang name. The company also operates jzb.com, an online education platform; provides investment management and consulting services; develops and sells software and networks, as well as related consulting services; and sells educational materials and products. TAL Education Group was founded in 2003 and is headquartered in Beijing, the People's Republic of China.