# Sunlands Technology Group (STG)

> Consumer Defensive · CN · Reports in CNY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/STG/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | ¥ 440.66M | ¥ 76.85M | N/A | ¥ 131.00M | ¥ 1.01B |
| 2025 | ¥ 2.02B | ¥ 365.63M | ¥ 142.60M | ¥ 138.76M | ¥ 946.16M |
| 2024 | ¥ 2.00B | ¥ 343.74M | ¥ 0 | ¥ 186.90M | ¥ 601.35M |
| 2023 | ¥ 2.17B | ¥ 644.56M | ¥ 37.37M | ¥ 308.61M | ¥ 277.04M |
| 2022 | ¥ 2.33B | ¥ 645.83M | ¥ 81.52M | ¥ 515.88M | ¥ -374.49M |
| 2021 | ¥ 2.56B | ¥ 223.59M | ¥ -2.43B | ¥ 639.07M | ¥ -1.01B |
| 2020 | ¥ 2.28B | ¥ -445.79M | ¥ -359.02M | ¥ 756.37M | ¥ -1.21B |
| 2019 | ¥ 2.28B | ¥ -409.91M | N/A | ¥ 882.11M | ¥ -738.15M |
| 2018 | ¥ 2.14B | ¥ -1.00B | N/A | ¥ 258.13M | ¥ -339.12M |
| 2017 | ¥ 1.07B | ¥ -1.01B | ¥ 174.67M | ¥ 0 | ¥ -617.12M |
| 2016 | ¥ 480.08M | ¥ -290.87M | N/A | ¥ 0 | ¥ -888.96M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.13 |
| Liabilities / Eq | 0.99 |
| Current Ratio | 1.50 |

## Other views

- [Metrics](https://sponda.capital/en/STG.md)
- [Charts](https://sponda.capital/en/STG/charts.md)
- [Compare](https://sponda.capital/en/STG/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-23.