17 Education Historical Income Statement

YQ Stock  USD 1.90  0.10  5.56%   
Historical analysis of 17 Education income statement accounts such as Tax Provision of 0.0, Net Interest Income of 17.4 M or Interest Expense of 19.9 M can show how well 17 Education Technology performed in making a profits. Evaluating 17 Education income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of 17 Education's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining 17 Education Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether 17 Education Technology is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 17 Education Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

About 17 Education Income Statement Analysis

17 Education Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to 17 Education shareholders. The income statement also shows 17 Education investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

17 Education Income Statement Chart

At this time, 17 Education's Selling General Administrative is relatively stable compared to the past year. As of 11/21/2024, Depreciation And Amortization is likely to grow to about 27.7 M, while Net Interest Income is likely to drop slightly above 17.4 M.

Total Revenue

Total revenue comprises all receipts 17 Education Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of 17 Education Technology minus its cost of goods sold. It is profit before 17 Education operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from 17 Education Technology operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of 17 Education Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most accounts from 17 Education's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into 17 Education Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 17 Education Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
At this time, 17 Education's Selling General Administrative is relatively stable compared to the past year. As of 11/21/2024, Depreciation And Amortization is likely to grow to about 27.7 M, while Net Interest Income is likely to drop slightly above 17.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B324.9M80.7M76.7M
Total Revenue2.2B531.1M171.0M162.4M

17 Education income statement Correlations

0.60.420.42-0.63-0.6-0.620.670.430.55-0.60.77-0.61-0.290.450.180.17-0.040.32-0.58
0.60.870.87-0.86-0.85-0.850.890.870.89-0.850.62-0.85-0.830.780.60.64-0.390.79-0.87
0.420.871.0-0.86-0.89-0.870.911.00.95-0.890.45-0.88-0.550.890.880.92-0.70.99-0.79
0.420.871.0-0.86-0.89-0.870.911.00.96-0.890.43-0.88-0.550.890.880.92-0.70.98-0.77
-0.63-0.86-0.86-0.861.01.0-0.98-0.86-0.971.0-0.511.00.6-0.87-0.81-0.780.72-0.80.77
-0.6-0.85-0.89-0.891.01.0-0.98-0.88-0.981.0-0.491.00.58-0.89-0.84-0.820.75-0.830.77
-0.62-0.85-0.87-0.871.01.0-0.98-0.86-0.971.0-0.511.00.6-0.88-0.81-0.790.72-0.80.77
0.670.890.910.91-0.98-0.98-0.980.90.98-0.980.58-0.98-0.60.890.790.79-0.660.85-0.78
0.430.871.01.0-0.86-0.88-0.860.90.95-0.880.47-0.87-0.550.90.880.91-0.690.99-0.8
0.550.890.950.96-0.97-0.98-0.970.980.95-0.980.49-0.98-0.590.910.870.88-0.740.91-0.79
-0.6-0.85-0.89-0.891.01.01.0-0.98-0.88-0.98-0.491.00.58-0.89-0.84-0.820.75-0.830.77
0.770.620.450.43-0.51-0.49-0.510.580.470.49-0.49-0.49-0.50.570.120.140.080.38-0.68
-0.61-0.85-0.88-0.881.01.01.0-0.98-0.87-0.981.0-0.490.58-0.88-0.83-0.810.74-0.820.77
-0.29-0.83-0.55-0.550.60.580.6-0.6-0.55-0.590.58-0.50.58-0.55-0.29-0.310.13-0.470.75
0.450.780.890.89-0.87-0.89-0.880.890.90.91-0.890.57-0.88-0.550.830.83-0.690.89-0.79
0.180.60.880.88-0.81-0.84-0.810.790.880.87-0.840.12-0.83-0.290.830.99-0.950.9-0.55
0.170.640.920.92-0.78-0.82-0.790.790.910.88-0.820.14-0.81-0.310.830.99-0.90.94-0.56
-0.04-0.39-0.7-0.70.720.750.72-0.66-0.69-0.740.750.080.740.13-0.69-0.95-0.9-0.720.32
0.320.790.990.98-0.8-0.83-0.80.850.990.91-0.830.38-0.82-0.470.890.90.94-0.72-0.74
-0.58-0.87-0.79-0.770.770.770.77-0.78-0.8-0.790.77-0.680.770.75-0.79-0.55-0.560.32-0.74
Click cells to compare fundamentals

17 Education Account Relationship Matchups

17 Education income statement Accounts

201920202021202220232024 (projected)
Net Interest Income23.3M5.5M24.6M11.4M27.8M17.4M
Interest Expense485K2.9M89.7M33.3M38.3M19.9M
Selling General Administrative157.8M420.1M445.4M317.2M154.3M240.1M
Total Revenue406.2M1.3B2.2B531.1M171.0M162.4M
Gross Profit232.8M798.7M1.3B324.9M80.7M76.7M
Operating Income(1.0B)(1.3B)(1.4B)(211.1M)(342.8M)(359.9M)
Net Income From Continuing Ops(963.8M)(1.3B)(1.4B)(177.9M)(311.8M)(327.4M)
Ebit(1.0B)(1.3B)(1.4B)(211.1M)(342.8M)(359.9M)
Research Development491.3M614.8M800.2M235.8M167.9M159.5M
Cost Of Revenue173.5M495.7M878.2M206.2M90.3M85.7M
Total Operating Expenses1.2B2.1B2.7B536.0M423.5M402.3M
Income Before Tax(963.8M)(1.3B)(1.4B)(177.9M)(311.8M)(327.4M)
Total Other Income Expense Net36.4M(5.8M)31.6M33.3M31.0M19.0M
Net Income(964.3M)(1.3B)(1.4B)(177.7M)(311.8M)(327.4M)
Interest Income23.8M8.4M24.6M11.4M27.8M17.3M
Depreciation And Amortization46.6M39.7M64.8M24.7M16.2M27.7M
Selling And Marketing Expenses583.8M1.1B1.4B17.0M101.3M96.2M
Other Operating Expenses1.4B2.6B3.5B742.2M513.7M488.0M
Ebitda(953.5M)(1.3B)(1.3B)(186.4M)(326.6M)(342.9M)
Reconciled Depreciation22.7M39.7M64.8M24.7M16.2M15.4M
Net Income Applicable To Common Shares(1.6B)(4.2B)(1.4B)(177.9M)(204.6M)(214.8M)
Income Tax Expense587K(32.5M)(60.1M)(159K)(27.0M)(25.7M)

Pair Trading with 17 Education

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 17 Education position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 17 Education will appreciate offsetting losses from the drop in the long position's value.

Moving together with 17 Education Stock

  0.76IH Ihuman IncPairCorr

Moving against 17 Education Stock

  0.57LRN Stride IncPairCorr
  0.4EEIQ Elite Education GroupPairCorr
The ability to find closely correlated positions to 17 Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 17 Education when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 17 Education - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 17 Education Technology to buy it.
The correlation of 17 Education is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 17 Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 17 Education Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 17 Education can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for 17 Education Stock Analysis

When running 17 Education's price analysis, check to measure 17 Education's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 17 Education is operating at the current time. Most of 17 Education's value examination focuses on studying past and present price action to predict the probability of 17 Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 17 Education's price. Additionally, you may evaluate how the addition of 17 Education to your portfolios can decrease your overall portfolio volatility.