17 Education & Technology Group Inc (YQ)
2.136
-0.09
(-4.24%)
USD |
NASDAQ |
Apr 22, 16:00
17 Education & Technology Group Gross Profit Margin (Quarterly): 54.08% for Sept. 30, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2023 | 54.08% |
| June 30, 2023 | 48.35% |
| March 31, 2023 | 24.40% |
| December 31, 2022 | 52.12% |
| September 30, 2022 | 74.54% |
| June 30, 2022 | 52.23% |
| March 31, 2022 | 60.68% |
| December 31, 2021 | 64.76% |
| Date | Value |
|---|---|
| September 30, 2021 | 49.39% |
| June 30, 2021 | 63.03% |
| March 31, 2021 | 60.44% |
| December 31, 2020 | 64.34% |
| September 30, 2020 | 53.79% |
| June 30, 2020 | 63.89% |
| March 31, 2020 | 64.12% |
| December 31, 2019 | 62.94% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
24.40%
Minimum
Mar 2023
74.54%
Maximum
Sep 2022
57.07%
Average
60.56%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Four Seasons Education (Cayman) Inc | -- |
| Gaotu Techedu Inc | 70.08% |
| TAL Education Group | 53.63% |
| Youdao Inc | 49.90% |
| China Liberal Education Holdings Ltd | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -44.67% |
| Return on Assets | -34.59% |
| Return on Invested Capital | -44.67% |
| Profit Margin (Quarterly) | -161.6% |
| Operating Margin (Quarterly) | -174.4% |
| Return on Net Operating Assets | -241.5% |