Sunlands Technology Group, through its subsidiaries, provides online education services in the People's Republic of China. It offers various degree- and diploma-oriented post-secondary courses, including preparation courses for the self-taught higher education examination (STE) for learners pursuing associate diplomas or bachelor's degrees, as well as for the entrance examinations of Master of Business Administration programs. The company's STE courses cover 19 majors, including Chinese language and literature, law, pre-school education, marketing, English, human resource management, business administration, business management, modern corporate governance, financial management, advertising, accounting, engineering management, administrative management, computer information management, finance, convention management, chain operation management, and visual communication and design. It also provides professional certification preparation course offerings that cover various industries and professions, such as accounting, human resources, teaching, and finance. The company was formerly known as Sunlands Online Education Group and changed its name to Sunlands Technology Group in August 2018. Sunlands Technology Group was founded in 2003 and is headquartered in Beijing, the People's Republic of China.
IPO Year: 2018
Exchange: NYSE
Website: sunlands.com
BEIJING, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its third quarter 2024 unaudited financial results on Friday, November 22, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 5:30 a.m. U.S. Eastern Time, (6:30 p.m. Beijing/Hong Kong time) on November 22, 2024, following the quarterly results announcement. For participants who wish to join the call, please access the link provided below to complete online registration 30 minutes prior to the sched
BEIJING, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 7th Floor Building 6, Chaolai Science Park, No. 36 Chuangyuan Road, Chaoyang District, Beijing, the People's Republic of China on December 10, 2024 at 3:00 pm (Beijing time), and also virtually via telephone at + (10) 5808 - 4288. No proposal will be submitted to shareholders for approval and no resolutions will be considered, voted upon, passed or adopted at the AGM. Instead, the AGM will
BEIJING, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operational Snapshots Net revenues were RMB492.2 million (US$67.7 million), compared to RMB526.4 million in the second quarter of 2023.Gross billings (non-GAAP) were RMB383.9 million (US$52.8 million), compared to RMB354.1 million in the second quarter of 2023.Gross profit was RMB415.6 million (US$57.2 million), compared to RMB466.9 million in the second
BEIJING, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its second quarter 2024 unaudited financial results on Friday, August 16, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m. U.S. Eastern Time, (7:00 p.m. Beijing/Hong Kong time) on August 16, 2024, following the quarterly results announcement. For participants who wish to join the call, please access the link provided below to complete online registration 30 minutes prior to the sche
BEIJING, May 31, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced the appointment of Mr. Yingda Song as an independent director of the Company and a member of the audit committee of the Board (the "Audit Committee"), effective upon May 31, 2024. For personal reasons, Mr. Yifan Li has tendered his resignation from the position of an independent director and a member of the Audit Committee, effective upon the same date. Mr. Peng Ou, founder and chairman of the Board, said, "On behalf of the Board and executive team, I would like
BEIJING, May 24, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operational Snapshots Net revenues were RMB523.2 million (US$72.5 million), compared to RMB566.9 million in the first quarter of 2023.Gross billings (non-GAAP) were RMB398.8 million (US$55.2 million), compared to RMB345.1 million in the first quarter of 2023.Gross profit was RMB446.1 million (US$61.8 million), compared to RMB498.7 million in the first quar
BEIJING, May 13, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its first quarter 2024 unaudited financial results on Friday, May 24, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m. U.S. Eastern Time, (7:00 p.m. Beijing/Hong Kong time) on May 24, 2024, following the quarterly results announcement. For participants who wish to join the call, please access the link provided below to complete online registration 30 minutes prior to the scheduled ca
BEIJING, April 25, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on April 25, 2024, U.S. Eastern Time. The annual report can be accessed on the Company's investor relations website at https://ir.sunlands.com and on the SEC's website at www.sec.gov. The Company will provide a hard copy of the annual report containing the audited consolidated financial statements, free of ch
BEIJING, March 22, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial and Operational Snapshots Net revenues were RMB541.7 million (US$76.3 million), compared to RMB578.6 million in the fourth quarter of 2022.Gross billings (non-GAAP) were RMB415.5 million (US$58.5 million), compared to RMB370.8 million in the fourth quarter of 2022.Gross profit was RMB468.0 million (US$65.9 million), compared to
BEIJING, March 06, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced that it will report its fourth quarter and full year 2023 unaudited financial results on Friday, March 22, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m. U.S. Eastern Time, (7:00 p.m. Beijing/Hong Kong time) on March 22, 2024, following the quarterly results announcement. For participants who wish to join the call, please access the link provided below to complete online registration 30 minutes prior to the scheduled call start time. U
BEIJING, May 31, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced the appointment of Mr. Yingda Song as an independent director of the Company and a member of the audit committee of the Board (the "Audit Committee"), effective upon May 31, 2024. For personal reasons, Mr. Yifan Li has tendered his resignation from the position of an independent director and a member of the Audit Committee, effective upon the same date. Mr. Peng Ou, founder and chairman of the Board, said, "On behalf of the Board and executive team, I would like
6-K - Sunlands Technology Group (0001723935) (Filer)
6-K - Sunlands Technology Group (0001723935) (Filer)
6-K - Sunlands Technology Group (0001723935) (Filer)
6-K - Sunlands Technology Group (0001723935) (Filer)
6-K - Sunlands Technology Group (0001723935) (Filer)
20-F - Sunlands Technology Group (0001723935) (Filer)
6-K - Sunlands Technology Group (0001723935) (Filer)
6-K - Sunlands Technology Group (0001723935) (Filer)
6-K - Sunlands Technology Group (0001723935) (Filer)
6-K - Sunlands Technology Group (0001723935) (Filer)
BEIJING, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its third quarter 2024 unaudited financial results on Friday, November 22, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 5:30 a.m. U.S. Eastern Time, (6:30 p.m. Beijing/Hong Kong time) on November 22, 2024, following the quarterly results announcement. For participants who wish to join the call, please access the link provided below to complete online registration 30 minutes prior to the sched
BEIJING, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operational Snapshots Net revenues were RMB492.2 million (US$67.7 million), compared to RMB526.4 million in the second quarter of 2023.Gross billings (non-GAAP) were RMB383.9 million (US$52.8 million), compared to RMB354.1 million in the second quarter of 2023.Gross profit was RMB415.6 million (US$57.2 million), compared to RMB466.9 million in the second
BEIJING, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its second quarter 2024 unaudited financial results on Friday, August 16, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m. U.S. Eastern Time, (7:00 p.m. Beijing/Hong Kong time) on August 16, 2024, following the quarterly results announcement. For participants who wish to join the call, please access the link provided below to complete online registration 30 minutes prior to the sche
BEIJING, May 24, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operational Snapshots Net revenues were RMB523.2 million (US$72.5 million), compared to RMB566.9 million in the first quarter of 2023.Gross billings (non-GAAP) were RMB398.8 million (US$55.2 million), compared to RMB345.1 million in the first quarter of 2023.Gross profit was RMB446.1 million (US$61.8 million), compared to RMB498.7 million in the first quar
BEIJING, May 13, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its first quarter 2024 unaudited financial results on Friday, May 24, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m. U.S. Eastern Time, (7:00 p.m. Beijing/Hong Kong time) on May 24, 2024, following the quarterly results announcement. For participants who wish to join the call, please access the link provided below to complete online registration 30 minutes prior to the scheduled ca
BEIJING, March 22, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial and Operational Snapshots Net revenues were RMB541.7 million (US$76.3 million), compared to RMB578.6 million in the fourth quarter of 2022.Gross billings (non-GAAP) were RMB415.5 million (US$58.5 million), compared to RMB370.8 million in the fourth quarter of 2022.Gross profit was RMB468.0 million (US$65.9 million), compared to
BEIJING, March 06, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced that it will report its fourth quarter and full year 2023 unaudited financial results on Friday, March 22, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m. U.S. Eastern Time, (7:00 p.m. Beijing/Hong Kong time) on March 22, 2024, following the quarterly results announcement. For participants who wish to join the call, please access the link provided below to complete online registration 30 minutes prior to the scheduled call start time. U
BEIJING, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial and Operational Snapshots Net revenues were RMB524.6 million (US$71.9 million), compared to RMB576.2 million in the third quarter of 2022.Gross billings (non-GAAP) were RMB390.0 million (US$53.5 million), compared to RMB365.5 million in the third quarter of 2022.Gross profit was RMB460.5 million (US$63.1 million), compared to RMB491.3 million in the third quar
BEIJING, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced that it will report its third quarter 2023 unaudited financial results on Wednesday, November 22, 2023, before the open of U.S. markets. Sunlands' management team will host a conference call at 6:30 a.m. U.S. Eastern Time, (7:30 p.m. Beijing/Hong Kong time) on November 22, 2023, following the quarterly results announcement. For participants who wish to join the call, please access the link provided below to complete online registration 30 minutes prior to the scheduled call start time. Upon reg
Q2 net revenues decreased by 5.2% year-over-yearQ2 gross billings (non-GAAP) decreased by 4.2% year-over-yearQ2 net income reached RMB173.9 million BEIJING, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial and Operational Snapshots Net revenues were RMB526.4 million (US$72.6 million), representing a 5.2% decrease year-over-year.Gross billings (non-GAAP) were RMB354.1 million (US$48.8 million), representing a 4.2% decrease year-over-ye
The above outlook is based on the current market conditions and reflects the Company's current and preliminary estimates of market and operating conditions and customer demand, which are all subject to substantial uncertainty.
Sunlands Technology (NYSE:STG) reported $72.47 million in sales this quarter. This is a 12.21 percent decrease over sales of $82.54 million the same period last year.
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Sunlands Technology (NYSE:STG) reported quarterly earnings of $1.59 per ADS. This is a 15.87 percent decrease over earnings of $1.89 per ADS from the same period last year. The company reported $76.30 million in sales this quarter. This is a 9.04 percent decrease over sales of $83.89 million the same period last year.
Companies Reporting Before The Bell • Agile Therapeutics (NASDAQ:AGRX) is likely to report quarterly loss at $0.54 per share on revenue of $9.20 million. • 51 Talk Online Education (AMEX:COE) is projected to report earnings for its fourth quarter. • Star Equity Hldgs (NASDAQ:STRR) is likely to report quarterly loss at $0.08 per share on revenue of $9.15 million. • Hyzon Motors (NASDAQ:HYZN) is likely to report earnings for its fourth quarter. • Humacyte (NASDAQ:HUMA) is estimated to report quarterly loss at $0.24 per share on revenue of $60 thousand. • AstroNova (NASDAQ:ALOT) is likely to report earnings for its fourth quarter. • Sunlands Technology (NYSE:STG) is likely to report earn
Gross billings (non-GAAP) were RMB415.5 million (US$58.5 million), compared to RMB370.8 million in the fourth quarter of 2022.
Outlook For the first quarter of 2024, Sunlands currently expects net revenues to be between RMB500 million to RMB520 million, which would represent a decrease of 8.3% to 11.8% year-over-year. The above outlook is based on the current market conditions and reflects the Company's current and preliminary estimates of market and operating conditions and customer demand, which are all subject to substantial uncertainty.
Sunlands Technology (NYSE:STG) reported quarterly earnings of $3.18 per share. This is a 68.25 percent increase over earnings of $1.89 per share from the same period last year. The company reported $76.30 million in sales this quarter. This is a 9.04 percent decrease over sales of $83.89 million the same period last year.
What are Value Stocks? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the consumer defensive sector: Greenlane Hldgs (NASDAQ:GNLN) - P/E: 0.0 Seneca Foods (NASDAQ:SENEB) - P/E: 6.75 Sunlands Technology (NYSE:STG) - P/E: 1.34 Altria Group (NYSE:MO) - P/E: 9.13 Herbalife (NYSE:HLF) - P/E: 6.66 Most recently, Greenlane Hldgs reported earnings per share at $-1.91, whereas in Q2 earnings per share sat at $-6.56. Most recently, Seneca Foods r
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