STG — Sunlands Technology Income Statement

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Annual income statement for Sunlands Technology, fiscal year end - December 31st, CNY millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	20-F	20-F	20-F	20-F	6-K
Standards:	USG	USG	USG	USG	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	2,508	2,323	2,160	1,990	2,020
Cost of Revenue
Gross Profit	2,132	1,975	1,894	1,673	1,755
Selling / General / Administrative Expenses
Research And Development
Unusual Expense / Income
Total Operating Expenses	2,355	1,705	1,541	1,693	1,643
Operating Profit	153	618	619	297	377
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	198	649	676	357	429
Provision for Income Taxes
Net Income After Taxes	217	637	651	356	370
Minority Interest
Equity in Affiliates
Net Income Before Extraordinary Items
Net Income	219	644	641	342	366
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	219	644	641	342	366
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	28.8	94	86.8	50.2	63