TAL Education Group Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
1,020M
-76.78%
436M
583M
674M
414M
0M
-91M
25M
-110M
20M
-130M
-88.96%
1,111M
62M
-112M
41M
-91M
4,391M
-2.33%
2,203M
2,188M
2,297M
1,200M
0M
-179M
8M
-778M
397M
-1,175M
659.49%
4,500M
95M
11M
190M
-179M
4,496M
37.35%
2,049M
2,447M
2,778M
1,117M
0M
-331M
17M
-225M
-70M
-155M
28.96%
4,826M
97M
-76M
165M
-331M
3,273M
27.71%
1,469M
1,805M
1,638M
795M
0M
26M
12M
-51M
69M
-120M
-132.67%
3,107M
61M
144M
118M
26M
2,563M
49.44%
1,164M
1,399M
1,057M
580M
0M
342M
18M
457M
77M
367M
85.06%
2,221M
42M
533M
89M
444M
1,715M
64.42%
882M
833M
624M
386M
0M
209M
17M
247M
45M
198M
72.89%
1,506M
23M
266M
59M
207M
1,043M
68.26%
522M
521M
386M
263M
0M
135M
13M
155M
34M
115M
11.57%
909M
5M
176M
0M
142M
620M
42.86%
304M
316M
231M
161M
0M
85M
7M
137M
33M
103M
53.19%
535M
0M
100M
0M
81M
434M
38.25%
203M
231M
164M
110M
0M
67M
6M
77M
0M
67M
10.81%
367M
0M
82M
0M
69M
314M
38.93%
152M
162M
105M
70M
0M
57M
9M
67M
0M
61M
81.24%
256M
0M
57M
0M
47M
226M
27.27%
116M
110M
78M
51M
0M
31M
5M
38M
0M
33M
37.54%
194M
0M
33M
0M
25M
178M
60.52%
96M
82M
61M
38M
0M
21M
3M
28M
0M
24M
1.13%
157M
0M
25M
0M
19M
111M
58.91%
56M
54M
29M
19M
0M
25M
0M
27M
0M
24M
68.77%
85M
0M
27M
0M
23M
70M
85.70%
38M
32M
16M
11M
0M
15M
0M
16M
0M
14M
95.65%
54M
0M
18M
0M
16M
37M
-
19M
19M
8M
6M
0M
9M
0M
9M
0M
7M
95.65%
27M
0M
12M
0M
11M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
374M
60.52%
173M
200M
233M
111M
0M
-32M
0M
-1M
15M
-24M
-53.86%
406M
20M
-30M
0M
-32M
412M
40.08%
169M
243M
211M
97M
0M
32M
0M
27M
-10M
38M
51,118.92%
380M
21M
63M
0M
32M
275M
-49.10%
140M
136M
194M
105M
0M
-58M
0M
-42M
4M
-45M
-58.74%
333M
23M
-58M
0M
-68M
269M
-50.29%
128M
141M
186M
112M
0M
-44M
15M
-23M
10M
-34M
-69.27%
313M
20M
-22M
0M
-44M
233M
-77.21%
103M
130M
163M
93M
0M
-33M
16M
-49M
3M
-52M
-47.77%
266M
16M
-49M
0M
-33M
294M
-79.63%
117M
177M
162M
97M
0M
0M
12M
5M
4M
0M
-100.01%
279M
12M
2M
0M
0M
541M
-60.93%
198M
343M
310M
212M
0M
111M
19M
-79M
2M
-109M
6.94%
508M
13M
51M
0M
111M
541M
-60.29%
198M
343M
310M
212M
0M
111M
19M
-79M
30M
-109M
-35.41%
508M
19M
51M
0M
111M
1,021M
-8.77%
519M
501M
564M
300M
0M
-108M
2M
-88M
26M
-99M
127.87%
1,083M
11M
-40M
0M
-76M
1,444M
30.87%
873M
571M
664M
356M
0M
-380M
3M
-533M
342M
-827M
-5,621.72%
1,537M
32M
-89M
0M
-380M
1,385M
61.48%
613M
772M
759M
331M
0M
-127M
3M
-78M
31M
-102M
13.33%
1,372M
33M
88M
0M
-127M
1,363M
58.88%
581M
781M
1,007M
349M
0M
297M
8M
-268M
-80M
-169M
87.63%
1,588M
28M
-183M
0M
297M
1,119M
29.78%
516M
604M
695M
284M
0M
-127M
3M
-67M
-14M
-44M
-254.76%
1,211M
26M
-17M
0M
-127M
1,103M
17.79%
522M
581M
630M
254M
0M
-49M
3M
12M
2M
15M
-203.95%
1,152M
21M
20M
0M
-49M
858M
22.04%
406M
452M
464M
221M
0M
-41M
4M
-33M
22M
-90M
1,133.21%
870M
23M
2M
0M
-41M
858M
18.05%
406M
452M
464M
221M
0M
-41M
4M
-33M
64M
-90M
-190.42%
870M
16M
2M
0M
-41M
862M
47.16%
385M
477M
399M
209M
0M
78M
3M
45M
17M
28M
-77.25%
784M
17M
94M
0M
78M
937M
33.85%
419M
518M
448M
190M
0M
70M
2M
-24M
-8M
-14M
-118.70%
867M
16M
32M
0M
70M
703M
39.41%
317M
386M
329M
176M
0M
57M
3M
-12M
-3M
-7M
-110.50%
645M
13M
42M
0M
57M
727M
44.13%
306M
420M
306M
170M
0M
115M
6M
137M
33M
100M
43.25%
612M
5M
150M
0M
115M
586M
35.25%
268M
318M
247M
146M
0M
71M
4M
138M
0M
124M
204.55%
515M
0M
183M
0M
71M
700M
53.55%
330M
370M
289M
139M
0M
81M
4M
96M
0M
77M
29.50%
619M
0M
100M
0M
81M
504M
59.36%
247M
257M
191M
112M
0M
67M
4M
80M
0M
70M
116.10%
437M
0M
83M
0M
67M
504M
59.36%
247M
257M
191M
112M
0M
67M
4M
80M
0M
70M
116.10%
437M
0M
83M
0M
67M
433M
66.29%
221M
212M
167M
106M
0M
45M
4M
53M
0M
41M
198.43%
388M
0M
59M
0M
45M
456M
68.10%
245M
211M
142M
87M
0M
68M
4M
77M
0M
59M
6.66%
387M
0M
81M
0M
68M
316M
62.14%
158M
158M
115M
77M
0M
43M
5M
43M
0M
32M
143.12%
273M
0M
50M
0M
43M
316M
80.71%
158M
158M
115M
77M
0M
43M
5M
43M
0M
32M
196.33%
273M
0M
50M
0M
43M
261M
83.25%
132M
129M
107M
72M
0M
22M
4M
18M
0M
14M
42.16%
238M
0M
25M
0M
22M
271M
56.42%
132M
139M
88M
61M
0M
52M
3M
75M
0M
56M
-12.19%
220M
0M
80M
0M
52M
195M
50.78%
100M
95M
77M
53M
0M
18M
2M
19M
0M
13M
-30.17%
178M
0M
21M
0M
18M
175M
42.08%
89M
86M
70M
47M
0M
17M
2M
19M
0M
11M
-20.90%
158M
0M
21M
0M
17M
142M
43.09%
73M
69M
59M
43M
0M
10M
2M
12M
0M
10M
-12.54%
133M
0M
13M
0M
10M
173M
41.64%
80M
93M
54M
37M
0M
39M
2M
81M
0M
63M
118.01%
134M
0M
40M
0M
39M
129M
45.34%
61M
68M
49M
34M
0M
20M
2M
24M
0M
19M
41.97%
110M
0M
26M
0M
20M
123M
41.62%
59M
64M
49M
34M
0M
15M
2M
15M
0M
14M
-17.84%
108M
0M
17M
12M
15M
99M
35.14%
49M
50M
42M
29M
0M
8M
2M
12M
0M
11M
-12.39%
91M
0M
12M
0M
8M
122M
33.06%
53M
69M
39M
26M
0M
31M
2M
35M
0M
29M
24.81%
92M
0M
36M
0M
31M
89M
49.25%
42M
47M
34M
22M
0M
14M
0M
16M
0M
13M
94.95%
75M
0M
16M
0M
14M
87M
45.85%
41M
46M
32M
22M
0M
14M
3M
17M
0M
17M
144.00%
73M
0M
14M
10M
17M
74M
50.35%
36M
38M
26M
17M
0M
12M
2M
14M
0M
13M
123.43%
62M
0M
12M
0M
12M
92M
35.12%
43M
49M
25M
16M
0M
24M
3M
27M
0M
23M
45.43%
68M
0M
24M
0M
24M
60M
14.23%
31M
28M
22M
14M
0M
6M
1M
7M
0M
7M
-9.68%
53M
0M
7M
0M
6M
60M
14.23%
31M
28M
22M
14M
0M
6M
1M
7M
0M
7M
-9.68%
53M
0M
7M
7M
6M
49M
20.30%
27M
22M
19M
13M
0M
3M
2M
6M
0M
6M
288.29%
46M
0M
3M
0M
6M
68M
32.34%
32M
36M
20M
13M
0M
17M
1M
18M
0M
16M
49.74%
51M
0M
16M
0M
17M
52M
55.16%
29M
24M
17M
12M
0M
6M
1M
8M
0M
8M
-10.23%
46M
0M
7M
0M
6M
52M
55.16%
29M
24M
17M
12M
0M
6M
1M
8M
0M
8M
-10.23%
46M
0M
7M
6M
6M
41M
68.96%
24M
17M
16M
9M
0M
1M
1M
2M
0M
1M
-38.62%
39M
0M
2M
0M
1M
51M
58.50%
25M
26M
16M
9M
0M
10M
1M
13M
0M
11M
2.00%
41M
0M
11M
0M
10M
34M
64.76%
16M
17M
9M
6M
0M
8M
0M
9M
0M
8M
208.00%
25M
0M
9M
0M
8M
34M
65.58%
16M
17M
9M
6M
0M
8M
0M
9M
0M
8M
249.43%
25M
0M
9M
2M
8M
24M
47.74%
14M
10M
8M
5M
0M
2M
0M
3M
0M
2M
-2.15%
22M
0M
3M
0M
2M
32M
86.68%
14M
18M
7M
4M
0M
12M
0M
12M
0M
11M
125.74%
21M
0M
12M
0M
12M
20M
32.30%
12M
9M
5M
4M
0M
3M
0M
3M
0M
3M
-42.56%
17M
0M
3M
0M
3M
20M
43.10%
13M
8M
5M
3M
0M
3M
0M
3M
0M
2M
33.84%
18M
0M
3M
0M
3M
16M
59.21%
9M
7M
5M
3M
0M
2M
0M
3M
0M
2M
14.26%
14M
0M
3M
0M
2M
17M
33.26%
16M
0M
0M
4M
0M
10M
0M
5M
0M
5M
37.91%
0M
0M
0M
0M
0M
15M
-
0M
0M
0M
3M
0M
0M
0M
5M
0M
5M
37.91%
0M
0M
0M
0M
0M
14M
-
7M
20M
0M
3M
0M
4M
0M
2M
0M
2M
37.91%
0M
0M
0M
0M
0M
10M
-
5M
0M
0M
2M
0M
3M
0M
3M
0M
2M
37.91%
0M
0M
0M
0M
0M
13M
-
6M
0M
0M
3M
0M
4M
0M
4M
0M
3M
37.91%
0M
0M
0M
0M
0M