17 Education & Technology Group (YQ) Balance Sheet: Assets & Liabilities

17 Education & Technology Group (YQ) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), 17 Education & Technology Group reported total assets of CNY 590.90M and total liabilities of CNY 304.09M. Shareholders' equity was CNY 286.81M, down 27.1% from CNY 393.64M a year earlier. Total debt stood at CNY 14.68M against CNY 407.23M in cash and short-term investments, a net cash position of CNY 392.54M. That puts debt-to-equity at 0.05, compared with 0.03 a year earlier.

17 Education & Technology Group Balance Sheet Analysis

Values in billions CNY

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for 17 Education & Technology Group Inc. (YQ) - Annual data in billions CNY
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Current Assets
Cash and Cash Equivalents	0.25	0.23	0.31	0.71	1.18	2.83	0.65	1.25
Short-Term Investments	0.16	0.13	0.17	0.02	0.01	0.01	0.00	0.02
Cash & Short-Term Investments	0.41	0.36	0.48	0.73	1.19	2.85	0.65	1.27
Accounts Receivable	0.04	0.07	0.06	0.05	0.02	0.01	0.01	0.01
Inventory	0.03	0.00	0.00	0.01	-0.02	0.00	0.09	0.06
Other Current Assets	0.08	0.08	0.09	0.12	0.15	0.11	0.00	0.06
Total Current Assets	0.55	0.51	0.63	0.91	1.34	3.05	0.76	1.34
Non-Current Assets
Property, Plant & Equipment (Net)	0.04	0.04	0.05	0.06	0.22	0.31	0.15	0.09
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.00	0.00	0.00	0.00	0.01	0.04	0.02	0.01
Total Non-Current Assets	0.04	0.04	0.05	0.07	0.24	0.34	0.16	0.10
Total Assets	0.59	0.55	0.68	0.98	1.58	3.39	0.92	1.44
Current Liabilities
Accounts Payable	0.00	0.00	0.11	0.00	0.00	0.00	0.01	0.01
Short-Term Debt	0.00	0.01	0.01	0.02	0.05	0.07	0.13	0.02
Accrued Liabilities	0.12	0.10	0.13	0.04	0.39	0.49	-	-
Deferred Revenue	0.17	0.04	0.04	0.04	0.24	0.60	0.24	0.08
Other Current Liabilities	0.12	0.00	0.00	0.15	0.38	0.05	0.29	0.29
Total Current Liabilities	0.29	0.15	0.18	0.21	0.68	1.21	0.68	0.32
Non-Current Liabilities
Long-Term Debt	0.01	0.00	0.01	0.01	0.10	0.12	0.02	0.02
Deferred Tax Liabilities	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00	0.00	4.68	4.08
Total Non-Current Liabilities	0.01	0.00	0.01	0.01	0.10	0.12	4.70	4.09
Total Liabilities	0.30	0.16	0.19	0.22	0.78	1.33	5.38	4.42
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	-10.93	-10.76	-10.57	-10.26	-10.08	-8.64	-4.60	-3.13
Accumulated Other Comprehensive Income	0.08	0.09	0.08	0.06	0.02	0.05	0.09	0.10
Treasury Stock	0.00	0.00	0.00	0.00	-	-	-	-
Additional Paid-in Capital	11.13	11.07	10.99	10.95	10.86	10.65	0.00	0.00
Shares Outstanding	0.48	0.40	0.39	0.49	0.51	-	-	-
Total Stockholders' Equity	0.29	0.39	0.49	0.76	0.80	2.06	-4.46	-2.98
Total Liabilities & Equity	0.59	0.55	0.68	0.98	1.58	3.39	0.92	1.44

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About 17 Education & Technology Group Balance Sheet

How much debt does 17 Education & Technology Group have?

17 Education & Technology Group had total debt of CNY 14.68M as of Dec 31, 2025, against CNY 407.23M in cash and short-term investments. Its debt-to-equity ratio was 0.05. Total debt was CNY 11.06M a year earlier.

What are 17 Education & Technology Group's total assets?

17 Education & Technology Group reported total assets of CNY 590.90M as of Dec 31, 2025, up 7.5% from CNY 549.52M a year earlier. Total liabilities were CNY 304.09M.

What is 17 Education & Technology Group's shareholders' equity?

17 Education & Technology Group's shareholders' equity was CNY 286.81M as of Dec 31, 2025, or about CNY 0.59 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition