17 Education Gross Profit from 2010 to 2024

YQ Stock

USD 1.83 0.04 2.14%

17 Education Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 76.7 M. Gross Profit is the profit 17 Education Technology makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2010-12-31

Previous Quarter

80.7 M

Current Value

76.7 M

Quarterly Volatility

371.8 M

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Check 17 Education financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 17 Education's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 17.4 M or Interest Expense of 19.9 M, as well as many indicators such as Price To Sales Ratio of 0.75, Dividend Yield of 0.0 or PTB Ratio of 0.24. 17 Education financial statements analysis is a perfect complement when working with 17 Education Valuation or Volatility modules.

Check out the analysis of 17 Education Correlation against competitors.

Latest 17 Education's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of 17 Education Technology over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. 17 Education's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 17 Education's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 324.86 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

17 Education Gross Profit Regression Statistics

	Arithmetic Mean	203,914,661
	Geometric Mean	25,838,497
	Coefficient Of Variation	182.33
	Mean Deviation	246,503,293
	Median	13,997,943
	Standard Deviation	371,796,947
	Sample Variance	138233T
	Range	1.3B
	R-Value	0.47
	Mean Square Error	116455.3T
	R-Squared	0.22
	Significance	0.08
	Slope	38,791,691
	Total Sum of Squares	1935261.6T

17 Education Gross Profit History

	2024	76.7 M
	2023	80.7 M
	2022	324.9 M
	2021	1.3 B
	2020	798.7 M
	2019	232.8 M
	2018	205.7 M

Other Fundumenentals of 17 Education Technology

Gross Profit Margin

17 Education Gross Profit component correlations

	Total Assets	Accounts Payable	Long Term Debt	Good Will	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Net Receivables	Short Term Investments	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Short Long Term Debt
Total Assets		0.87	0.66	0.68	0.38	0.68	-0.66	0.95	0.72	0.7	0.81	-0.4	-0.61	0.21	0.07	0.72	0.6	-0.68	0.28	0.38	-0.15
Accounts Payable	0.87		0.62	0.64	0.32	0.64	-0.61	0.97	0.68	0.67	0.83	-0.21	-0.69	0.29	0.08	0.69	0.42	-0.71	0.0	0.58	-0.17
Long Term Debt	0.66	0.62		0.95	0.48	0.95	-0.97	0.66	0.53	0.54	0.36	0.17	-0.64	0.45	0.23	0.54	-0.04	-0.62	-0.28	0.31	-0.2
Good Will	0.68	0.64	0.95		0.43	1.0	-0.98	0.68	0.6	0.61	0.3	0.27	-0.73	0.61	0.42	0.6	-0.07	-0.69	-0.32	0.23	-0.45
Total Liab	0.38	0.32	0.48	0.43		0.43	-0.53	0.41	-0.25	-0.25	0.31	0.07	0.08	-0.13	-0.23	-0.24	-0.07	0.14	-0.33	0.72	0.15
Intangible Assets	0.68	0.64	0.95	1.0	0.43		-0.98	0.68	0.6	0.61	0.3	0.27	-0.73	0.61	0.42	0.6	-0.07	-0.69	-0.32	0.23	-0.45
Common Stock	-0.66	-0.61	-0.97	-0.98	-0.53	-0.98		-0.66	-0.48	-0.49	-0.33	-0.2	0.61	-0.46	-0.26	-0.49	0.04	0.58	0.3	-0.32	0.29
Property Plant Equipment	0.95	0.97	0.66	0.68	0.41	0.68	-0.66		0.68	0.67	0.83	-0.28	-0.65	0.25	0.07	0.69	0.48	-0.69	0.09	0.52	-0.17
Total Stockholder Equity	0.72	0.68	0.53	0.6	-0.25	0.6	-0.48	0.68		1.0	0.42	-0.09	-0.91	0.61	0.44	1.0	0.32	-0.97	0.17	-0.16	-0.43
Net Tangible Assets	0.7	0.67	0.54	0.61	-0.25	0.61	-0.49	0.67	1.0		0.39	-0.05	-0.92	0.65	0.49	1.0	0.28	-0.97	0.13	-0.18	-0.48
Current Deferred Revenue	0.81	0.83	0.36	0.3	0.31	0.3	-0.33	0.83	0.42	0.39		-0.68	-0.25	-0.22	-0.29	0.43	0.79	-0.34	0.44	0.64	0.22
Net Debt	-0.4	-0.21	0.17	0.27	0.07	0.27	-0.2	-0.28	-0.09	-0.05	-0.68		-0.29	0.68	0.57	-0.09	-0.95	-0.13	-0.92	-0.16	-0.54
Retained Earnings	-0.61	-0.69	-0.64	-0.73	0.08	-0.73	0.61	-0.65	-0.91	-0.92	-0.25	-0.29		-0.83	-0.59	-0.91	0.05	0.98	0.25	0.05	0.6
Net Receivables	0.21	0.29	0.45	0.61	-0.13	0.61	-0.46	0.25	0.61	0.65	-0.22	0.68	-0.83		0.9	0.62	-0.45	-0.75	-0.52	-0.28	-0.87
Short Term Investments	0.07	0.08	0.23	0.42	-0.23	0.42	-0.26	0.07	0.44	0.49	-0.29	0.57	-0.59	0.9		0.44	-0.36	-0.52	-0.34	-0.43	-0.95
Net Invested Capital	0.72	0.69	0.54	0.6	-0.24	0.6	-0.49	0.69	1.0	1.0	0.43	-0.09	-0.91	0.62	0.44		0.31	-0.97	0.16	-0.15	-0.43
Total Current Assets	0.6	0.42	-0.04	-0.07	-0.07	-0.07	0.04	0.48	0.32	0.28	0.79	-0.95	0.05	-0.45	-0.36	0.31		-0.11	0.89	0.17	0.28
Capital Stock	-0.68	-0.71	-0.62	-0.69	0.14	-0.69	0.58	-0.69	-0.97	-0.97	-0.34	-0.13	0.98	-0.75	-0.52	-0.97	-0.11		0.08	0.08	0.52
Net Working Capital	0.28	0.0	-0.28	-0.32	-0.33	-0.32	0.3	0.09	0.17	0.13	0.44	-0.92	0.25	-0.52	-0.34	0.16	0.89	0.08		-0.22	0.33
Short Term Debt	0.38	0.58	0.31	0.23	0.72	0.23	-0.32	0.52	-0.16	-0.18	0.64	-0.16	0.05	-0.28	-0.43	-0.15	0.17	0.08	-0.22		0.33
Short Long Term Debt	-0.15	-0.17	-0.2	-0.45	0.15	-0.45	0.29	-0.17	-0.43	-0.48	0.22	-0.54	0.6	-0.87	-0.95	-0.43	0.28	0.52	0.33	0.33

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About 17 Education Financial Statements

17 Education shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although 17 Education investors may analyze each financial statement separately, they are all interrelated. The changes in 17 Education's assets and liabilities, for example, are also reflected in the revenues and expenses on on 17 Education's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	80.7 M	76.7 M
Gross Profit Margin	0.47	0.65

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

0.79

Ihuman Inc

Pair Corr

Moving against 17 Education Stock

0.64	LRN	Stride Inc	Pair Corr
0.51	UTI	Universal Technical	Pair Corr
0.49	LAUR	Laureate Education	Pair Corr
0.46	EEIQ	Elite Education Group	Pair Corr
0.39	GHC	Graham Holdings	Pair Corr

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 Correlation Correlation 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.

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