Sunlands Net Tangible Assets from 2010 to 2024

STG Stock  USD 6.44  0.09  1.42%   
Sunlands Technology's Net Tangible Assets are decreasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about -355.3 M. Net Tangible Assets is the total assets of Sunlands Technology Group minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2015-12-31
Previous Quarter
-197.9 M
Current Value
137.1 M
Quarterly Volatility
502.7 M
 
Yuan Drop
 
Covid
Check Sunlands Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sunlands Technology's main balance sheet or income statement drivers, such as Interest Income of 23.4 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 34.2 M, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0219 or PTB Ratio of 3.77. Sunlands financial statements analysis is a perfect complement when working with Sunlands Technology Valuation or Volatility modules.
  
Check out the analysis of Sunlands Technology Correlation against competitors.

Latest Sunlands Technology's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Sunlands Technology Group over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Sunlands Technology's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sunlands Technology's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Sunlands Net Tangible Assets Regression Statistics

Arithmetic Mean(484,350,728)
Coefficient Of Variation(104.20)
Mean Deviation411,891,514
Median(340,488,000)
Standard Deviation504,697,446
Sample Variance254719.5T
Range1.6B
R-Value(0.43)
Mean Square Error224208.8T
R-Squared0.18
Significance0.11
Slope(48,231,559)
Total Sum of Squares3566073.2T

Sunlands Net Tangible Assets History

2024-355.3 M
2023-338.4 M
2022-376 M
2021-1 B
2020-1.2 B
2019-739.3 M
2018-340.5 M

About Sunlands Technology Financial Statements

Sunlands Technology stakeholders use historical fundamental indicators, such as Sunlands Technology's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Sunlands Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sunlands Technology's assets and liabilities are reflected in the revenues and expenses on Sunlands Technology's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sunlands Technology Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets-338.4 M-355.3 M

Currently Active Assets on Macroaxis

When determining whether Sunlands Technology is a strong investment it is important to analyze Sunlands Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sunlands Technology's future performance. For an informed investment choice regarding Sunlands Stock, refer to the following important reports:
Check out the analysis of Sunlands Technology Correlation against competitors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunlands Technology. If investors know Sunlands will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunlands Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.52)
Earnings Share
4.42
Revenue Per Share
151.626
Quarterly Revenue Growth
(0.07)
Return On Assets
0.1235
The market value of Sunlands Technology is measured differently than its book value, which is the value of Sunlands that is recorded on the company's balance sheet. Investors also form their own opinion of Sunlands Technology's value that differs from its market value or its book value, called intrinsic value, which is Sunlands Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sunlands Technology's market value can be influenced by many factors that don't directly affect Sunlands Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sunlands Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunlands Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunlands Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.