Company Information

  

Address: 18/F, Hesheng Bldg,
32 Zhongguancun Ave, Haidian District 
City: Beijing 
State:  
Zip Code: 100080 
Telephone: 86 (10) 5292-6692 

Description of Business

Primary SIC Code: 8200
(As filed with the SEC)  

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, which subsequently established seven wholly owned subsidiaries in China: TAL Education Technology (Beijing) Co., Ltd. in May 2008, Huanqiu Zhikang in September 2009, Yidu Huida in November 2009, TAL Electronic Technology (Shanghai) Co., Ltd. in May 2012 (subsequently dissolved in February 2014), Beijing Xintang Sichuang in August 2012, Zhixuesi Beijing in October 2012, and Beijing Yizhen Xuesi Education Technology Co., Ltd. in November 2016.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
02/20170.02NA786.09
02/20160.20NA42.77
11/20150.25NA29.56
08/20150.25NA20.72
02/20150.17NA29.83
08/20140.16NA36.77
05/20140.11NA34.31
02/20140.13NA31.21

Key Financial Ratios and Statistics

FYE: 02/28

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.82Total Liab/Total Assets0.65
Net Inc/Total Assets0.06Total Liab/Inv Cap1.02
Net Inc/Inv Cap0.10Total Liab/Comm Equity8.33
Pretax Inc/Net Sales0.15Interest Coverage Ratio12.76
Net Inc/Net Sales0.11Curr Debt/EquityNA
Cash Flow/Net Sales0.34LTD/Equity0.70
SG&A/NetSales0.37Total Debt/Equity0.70
Asset Utilization   Liquidity  
Net Receivables Turnover231.75Quick Ratio1.30
Inventory Turnover305.14Current Ratio1.31
Inventory Day Sales0.51Net Rec/Curr Assets0.01
Net Sales/Work Cap5.11Inv/Curr Assets0.00
Net Sales/PP&E6.76  

Income Statement (Millions)

  2/28/2017 2/29/2016 2/28/2015 2/28/2014
Total Revenues(Net Sales) 1,043.10 619.95 433.97 313.90
Cost of Goods Sold 522.33 303.63 203.07 151.54
Selling & Admin Exps 386.18 231.26 163.65 104.96
Operating Income 134.59 85.05 67.25 57.40
Interest Exp 13.14 7.50 5.81 0.00
Pretax Income 154.58 136.90 77.24 67.29
Other Income 33.13 59.35 15.81 9.89
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 116.88 102.88 67.16 60.61

Balance Sheet (Millions)

Assets 2/28/2017 2/29/2016 2/28/2015 2/28/2014
Cash & Short Term Investments 702.41 462.60 471.53 270.26
Receivables - Total 5.67 3.33 7.94 13.11
Inventories - Total 2.82 0.60 0.54 0.18
Total Current Assets 871.12 515.86 539.43 300.38
Net Property, Plant & Equipment 154.31 114.63 93.58 78.63
Total Assets 1,828.91 1,061.38 772.41 427.60
Liabilities        
Accounts Payable 162.99 102.23 54.92 34.36
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 667.14 383.16 232.56 166.76
Long-Term Debt 450.15 227.83 226.06 0.81
Total Liabilities 1,184.66 624.40 459.12 167.60
Stockholder's Equity        
Minority Interest 36.62 3.76 0.28 0.00
Preferred Stock NA NA NA NA
Common Stock 0.16 0.16 0.16 0.16
Retained Earnings 417.84 306.38 207.52 144.31
Treasury Stock NA NA NA NA
Total Stockholders' Equity 644.24 436.98 313.29 260.00
Total Liabilities and Stockholders' Equity 1,828.91 1,061.38 772.41 427.60

Cash Flow Summary (Millions)

Categories 2/28/2017 2/29/2016 2/28/2015 2/28/2014
Net Cash Provided by Operating Activities 359.56 187.72 147.58 101.56
Net Cash Provided by Investing Activities -518.27 -215.35 -145.79 -17.40
Net Cash Provided by Financing Activities 198.30 0.65 201.84 0.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
02/2013225.9333.440.07
02/2014313.9060.610.13
02/2015433.9767.160.17
02/2016619.95102.880.20
02/20171,043.10116.880.02
Growth Rates46.5836.73-26.89

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17281257,859--




Report Date : 12/4/2017

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