Gaotu Techedu Inc. is a holding company with no material operations of its own. We conduct our operations primarily through our mainland China subsidiaries, the VIE and its subsidiaries in mainland China. As a result, Gaotu Techedu Inc.’s ability to pay dividends depends upon dividends paid by our mainland China subsidiaries. If our existing mainland China subsidiaries or any newly formed ones incur debt on their own behalf in the future, the instruments governing their debt may restrict their ability to pay dividends to us. In addition, current regulations of mainland China permit our mainland China subsidiaries to pay dividends to their respective shareholders only out of their accumulated profits, if any, determined in accordance with mainland China’s accounting standards and regulations. Furthermore, each of our mainland China subsidiaries and the VIE is required to set aside at least 10% of its after-tax profits each year, if any, to fund a statutory reserve until such reserve reaches 50% of its registered capital. These reserves are not distributable as cash dividends. Our subsidiaries’ ability to distribute dividends is based upon their distributable earnings.
Company profile
Ticker
GOTU
Exchange
Website
CEO
Xiangdong Chen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
GSX Techedu Inc.
SEC CIK
GOTU stock data
Latest filings (excl ownership)
6-K
Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results
27 Feb 24
UPLOAD
Letter from SEC
15 Dec 23
6-K
Gaotu Techedu Announces Third Quarter of 2023 Unaudited Financial Results
22 Nov 23
CORRESP
Correspondence with SEC
15 Nov 23
UPLOAD
Letter from SEC
2 Nov 23
CORRESP
Correspondence with SEC
11 Oct 23
CORRESP
Correspondence with SEC
19 Sep 23
UPLOAD
Letter from SEC
13 Sep 23
6-K
Gaotu Techedu Announces Second Quarter of 2023 Unaudited Financial Results
30 Aug 23
CORRESP
Correspondence with SEC
13 Jul 23
Transcripts
GOTU
Earnings call transcript
2023 Q4
27 Feb 24
GOTU
Earnings call transcript
2023 Q3
22 Nov 23
GOTU
Earnings call transcript
2023 Q1
30 May 23
GOTU
Earnings call transcript
2022 Q4
28 Feb 23
GOTU
Earnings call transcript
2022 Q3
22 Nov 22
GOTU
Earnings call transcript
2022 Q2
8 Sep 22
GOTU
Earnings call transcript
2022 Q1
6 Jun 22
GOTU
Earnings call transcript
2021 Q4
8 Mar 22
GOTU
Earnings call transcript
2021 Q2
22 Sep 21
GOTU
Earnings call transcript
2021 Q1
26 May 21
Latest ownership filings
144
Notice of proposed sale of securities
21 Mar 24
144
Notice of proposed sale of securities
21 Mar 24
SC 13G/A
GOLDMAN SACHS GROUP INC
6 Feb 24
SC 13G/A
Chen Xiangdong
6 Feb 24
144/A
Notice of proposed sale of securities (amended)
20 Dec 23
144
Notice of proposed sale of securities
20 Dec 23
144
Notice of proposed sale of securities
20 Dec 23
144/A
Notice of proposed sale of securities (amended)
28 Jun 23
144
Notice of proposed sale of securities
26 Jun 23
144
Notice of proposed sale of securities
26 Jun 23
Financial summary
Quarter (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Institutional ownership, Q2 2023
53.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 69 |
Opened positions | 17 |
Closed positions | 11 |
Increased positions | 18 |
Reduced positions | 23 |
13F shares | Current |
---|---|
Total value | 90.00 bn |
Total shares | 138.35 mm |
Total puts | 508.90 k |
Total calls | 618.90 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Chen Xiangdong | 74.11 mm | $0.00 |
Goldman Sachs & Co | 19.81 mm | $63.20 mm |
Vanguard | 5.49 mm | $15.85 bn |
BosValen Asset Management | 4.23 mm | $12.21 bn |
D. E. Shaw & Co. | 3.83 mm | $11.06 bn |
Acadian Asset Management | 3.82 mm | $11.02 mm |
MS Morgan Stanley | 3.40 mm | $9.84 bn |
Renaissance Technologies | 3.37 mm | $9.74 mm |
Zhang Huaiting | 3.27 mm | $6.35 mm |
Point72 Hong Kong | 2.67 mm | $7.72 bn |
News
12 Consumer Discretionary Stocks Moving In Tuesday's Pre-Market Session
5 Mar 24
CLSA Upgrades Gaotu Techedu to Outperform, Announces $8.65 Price Target
28 Feb 24
12 Consumer Discretionary Stocks Moving In Tuesday's Intraday Session
27 Feb 24
Unity Software Posts Q4 Loss, Joins CarGurus, Intuitive Machines And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
27 Feb 24
Earnings Scheduled For February 27, 2024
27 Feb 24