Sunlands Technology Group (NYSE:STG) Q1 2022 Earnings Conference Call May 31, 2022 7:30 AM ET Company Participants Yuhua Ye - Investor Relations Representative Tongbo Liu - Chief Executive Officer Selena Lu Lv - Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. And welcome to Sunlands’ First Quarter 2022 Earnings Conference Call. [Operator Instructions] Today’s conference call is being recorded. I will now turn the call over to your host today, Yu ...

Sunlands Technology Group (NYSE:STG) Q4 2021 Earnings Conference Call April 8, 2022 7:30 AM ET Company Participants Yuhua Ye - Investor Relations Representative Tongbo Liu - Chief Executive Officer Selena Lu Lv - Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. And welcome to Sunlands’ Fourth Quarter and Full Year 2021 Earnings Conference Call. Today’s conference call is being recorded. I would now like to turn the call over to your host today, Y ...

Sunlands Technology Group (NYSE:STG) Q3 2021 Earnings Conference Call November 23, 2021 7:00 AM ET Company Participants Yuhua Ye - IR Tongbo Liu - CEO Selena Lu Lv - CFO Operator Ladies and gentlemen, thank you for standing by, and welcome to Sunlands' Third Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. After prepared remarks by management there will be a question and answer session. Today's conference call is being recorded. If you have any objections, you ...

Sunlands Technology Group (NYSE:STG) Q2 2021 Earnings Conference Call August 18, 2021 8:00 AM ET Company Participants Yuhua Ye – Investor Relations Tongbo Liu – Chief Executive Officer Selena Lu Lv – Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by, and welcome to Sunlands’ Second Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. After prepared remarks by the management team, there will be a question- ...

Sunlands Technology Group (NYSE:STG) Q1 2021 Results Earnings Conference Call May 25, 2021 8:00 AM ET Company Participants Yuhua Ye - Investor Relations Tongbo Liu - Chief Executive Officer Lu Lv - Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by and welcome to Sunlands' First Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. After prepared remarks by the management team, there will be a question-and- ...

Financial Data and Key Metrics Changes - In Q4 2020, net revenues reached RMB584.6 million, growing 6.3% year-over-year, attributed to enhanced operational efficiency and expanded course categories [5][16] - The net loss narrowed to RMB73.5 million from RMB139.5 million in Q4 2019, with a net loss margin decreasing to 12.6% from 25.4% [15][19] - General and administrative expenses decreased by 44.6% year-over-year, contributing to improved profitability [15][18] Business Line Data and Key Metrics Changes - New student enrollment increased by 51.8% year-over-year to over 140,000 in Q4 2020, driven by the expansion of course portfolios [5][6] - Master's degree-oriented programs generated RMB632.9 million in gross billings, a 49.5% increase compared to 2019, reflecting strong demand for post-graduate education [8] - The company is developing more undergraduate-oriented programs to meet changing demands, including preparation courses for entrance exams [9] Market Data and Key Metrics Changes - The national postgraduate entrance exams for 2021 saw a record high of almost 3.8 million registered applicants, indicating growing demand for higher education [7] - The online education market in China is becoming more accessible, with government support for vocational and continuing education [9] Company Strategy and Development Direction - The company is focused on developing diverse product offerings, improving student acquisition efficiency, and enhancing curriculum effectiveness [5] - There is a commitment to offering high-quality education and utilizing AI technology to improve teaching and learning outcomes [13][14] - The integration of various sales channels targeting individual users and corporate customers is expected to increase market penetration [11] Management's Comments on Operating Environment and Future Outlook - Management noted that 2020 was a year of challenges but concluded with steady growth, emphasizing the importance of post-graduate education amid job market uncertainties [5][7] - For Q1 2021, the company expects net revenue to be between RMB670 million to RMB690 million, representing an increase of 18.6% to 22.1% year-over-year [20] Other Important Information - The company reported a significant increase in other income to RMB109.4 million, primarily due to a VAT exemption related to COVID-19 relief efforts [18] - As of December 31, 2020, the company had RMB760.7 million in cash and cash equivalents and RMB517.8 million in short-term investments [19] Q&A Session Summary - No questions were raised during the Q&A session, and the call concluded without further inquiries [21]