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TAL Education Group

TAL Education GroupTALEarnings & Financial Report

NYSE · Elementary and Secondary Schools

TAL Education Group, which stands for "Tomorrow Advancing Life", is a Chinese holding company that offers after-school education and tutoring for students in primary and secondary school. It is headquartered in Beijing, China. The company was founded in August 2003 by Zhang Bangxin and Cao Yundong, as "Xueersi".

TAL Q4 2022 Key Financial Metrics

Revenue

$3.8B

Gross Profit

$1.8B

Operating Profit

$-615.2M

Net Profit

$-1.1B

Gross Margin

47.9%

Operating Margin

-16.0%

Net Margin

-27.4%

YoY Growth

N/A

Financial Flow

TAL Education Group Q4 2022 Financial Summary

TAL Education Group reported revenue of $3.8B for Q4 2022, with a net profit of $-1.1B (-27.4% margin). Cost of goods sold was $2.0B, operating expenses totaled $2.5B.

Key Financial Metrics

Total Revenue$3.8B
Net Profit$-1.1B
Gross Margin47.9%
Operating Margin-16.0%
Report PeriodQ4 2022

Income Statement

Q4 2022
Revenue$3.85B
YoY GrowthN/A

Balance Sheet

Q4 2022
Assets$4.76B
Liabilities$977.5M
Equity$3.78B

Cash Flow

No data available for this period