Financial Statements

Sunlands Technology Group (STG)

$4.73

-0.47 (-9.04%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -3,675-3,245-2,850-1,923-
Net Income 219-431-395-927-919
Stock Dividends -----961
Dividend Paid -----43
Retained Earnings -3,456-3,675-3,245-2,850-1,923

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,0001,145560525-
Annual Depreciation 237-118611553924
Capital Expenditure -17-27-26-518-399
Net PPE 1,2201,0001,145560525

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -2,139-4,352-2,109-2,196-1,834
Intangible and Goodwill -----

Sunlands Technology Group income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Sunlands Technology Group FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.