Company Quick10K Filing
TAL Education Group
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 200 $6,605
20-F 2019-05-16 Annual: 2019-02-28
20-F 2018-06-26 Annual: 2018-02-28
20-F 2017-06-28 Annual: 2017-02-28
20-F 2016-05-31 Annual: 2016-02-29
20-F 2015-05-28 Annual: 2015-02-28
20-F 2014-05-12 Annual: 2014-02-28
20-F 2013-06-28 Annual: 2013-02-28
20-F 2012-06-27 Annual: 2012-02-29
20-F 2011-07-25 Annual: 2011-02-28

TAL Education Group Financials

TAL Metrics, Comps, Filings

Annual | Quarterly

Business

We started our operation in 2005 with the establishment of Xueersi Education, a domestic company in China. We then incorporated TAL Education Group to become our offshore holding company under the laws of the Cayman Islands on January 10, 2008, in order to facilitate foreign investment in our company. TAL Education Group established TAL Holdings Limited in Hong Kong in March 2008 as our intermediary holding company.

In August 2013, we changed the name of TAL Education Technology (Beijing) Co., Ltd. to Beijing Century TAL Education Technology Co., Ltd. In addition, we changed our umbrella brand from “Xueersi” to “Haoweilai.”

We have made certain other principal expansion of our service offerings:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Bright Horizons (BFAM) 9,474 25% 31.0 6% 3,211 2,317 2,020 512 179 338 10,465
Service International (SCI) 8,815 16% 15.1 3% 13,316 11,541 4,794 753 416 803 12,151
ServiceMaster (SERV) 7,681 45% 26.7 3% 5,017 2,680 1,570 701 154 331 8,851
TAL Education Group (TAL) 6,605 0% 3,735 1,205 0 0 0 0 5,342
Grand Canyon Education (LOPE) 4,803 0% 14.8 15% 1,761 379 763 0 258 330 4,894
H&R Block (HRB) 4,729 43% 12.4 15% 2,757 2,832 3,112 1,345 413 484 6,008
Chegg (CHGG) 3,975 77% -331.0 -1% 1,464 995 381 293 -12 -11 3,523
Strategic Education (STRA) 2,995 0% 12.5 4% 1,781 337 975 0 75 207 2,597
Laureate Education (LAUR) 3,751 11% 3.6 16% 6,825 3,982 3,311 369 1,072 1,270 4,589
SEA (SE) 3,774 0% 2,193 2,432 0 0 0 0 2,516
Graham (GHC) 3,499 0% 8.4 4% 5,488 2,425 2,858 0 239 450 3,762
UniFirst (UNF) 3,837 37% 10.1 9% 2,047 406 1,809 670 179 341 3,452
Yelp (YELP) 2,730 94% 38.9 2% 1,029 326 745 700 24 66 2,584
Adtalem Global Education (ATGE) 2,174 50% 9.9 5% 2,460 1,130 1,210 607 119 232 2,292
Premier (PINC) 3,698 60% 8.0 11% 2,595 904 1,463 871 273 449 3,581
China Online Education Group (COE) 2,141 0% 1,010 1,973 0 0 0 0 1,797
Shutterfly (SFLY) 1,733 50% 37.0 0% 1,891 1,295 2,117 1,064 8 69 2,546
Bright Scholar Education (BEDU) 1,189 0% 7,788 4,704 0 0 0 0 30
Career Education (CECO) 1,222 0% 14.3 9% 599 197 615 0 57 80 1,145
Weight Watchers (WTW) 1,381 56% 14.0 9% 1,516 2,236 1,411 797 134 201 2,817

Balance Sheet ($MM)2012-02-292014-02-282015-02-282016-02-292017-02-282018-02-282019-02-28
Cash18913312391297121,264
Accounts Receivable50
Inventory0011358
PP&E77993183121247288
Assets2952134705198263,0553,735
Accounts Payable22492158106
Long-Term Debt1000110
Liabilities1051682653506211,4141,205
Stockholders' Equity1902603134376441,6212,484
Income Statement ($MM)2012-02-292014-02-282015-02-282016-02-292017-02-282018-02-282019-02-28
Revenue17842415769781,7152,563
Cost of Revenue961522033045228821,164
Gross Profit821622313165218331,399
R&D
SG&A611061642353896281,064
Tax4161221374577
Net Income246167175279195365
Cash Flow ($MM)2012-02-292014-02-282015-02-282016-02-292017-02-282018-02-282019-02-28
Cash Operating734862200211685194
Cash Investing-59-17-86-111-299-840-167
Cash Financing-02021-16428475