Gaotu Techedu (GOTU) Long-Term Deferred Tax (2018 - 2024)
Gaotu Techedu's Long-Term Deferred Tax was $1.01 million in Q2 2024, down 38.3% from $1.64 million a year earlier and down 0.6% from the prior quarter.
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Analysis
Gaotu Techedu (GOTU) Long-Term Deferred Tax (2018 - 2024) Analysis & Trends
At the end of FY2023, Long-Term Deferred Tax at Gaotu Techedu came in at $1.59 million, down 29.9% from FY2022.
- Long-Term Deferred Tax shows a five-year compound annual growth rate of -19.6% (FY2018 to FY2023).
- In earlier years, Long-Term Deferred Tax was $2.27 million in FY2022, $7.41 million in FY2020 (+67.9%) and $4.41 million in FY2019 (-6.8%).
- The Q2 2024 figure marks the lowest quarterly Long-Term Deferred Tax in data going back to Q4 2018.
- Compared with a year earlier, Long-Term Deferred Tax has declined for three straight quarters.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q2 2020 (growth of 597.1%); the worst was Q1 2024 (a decline of 50.7%).
- Per Business Quant data, GOTU's Long-Term Deferred Tax in the three quarters before Q2 2024 was $1.02 million (Q1 2024), $1.57 million (Q4 2023) and $1.55 million (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Service Corp International | 10.40 Bn | 9.40 Bn | 273.50 Mn |
| 2 | New Oriental Education & Technology | 8.60 Bn | -6.17 Bn | 812.22 Mn |
| 3 | Laureate Education | 5.26 Bn | 4.55 Bn | 237.67 Mn |
| 4 | Graham Holdings | 4.84 Bn | -29.42 Mn | 392.03 Mn |
| 5 | Covista | 4.16 Bn | 3.29 Bn | 284.63 Mn |
| 6 | Valvoline | 3.85 Bn | 3.56 Bn | 214.90 Mn |
| 7 | Stride | 3.23 Bn | 123.52 Mn | 217.28 Mn |
| 8 | Bright Horizons Family Solutions | 3.14 Bn | 2.59 Bn | 188.96 Mn |
| 9 | TAL Education | 2.30 Bn | -11.64 Bn | 438.20 Mn |
| 10 | Gaotu Techedu | 385.55 Mn | -1.30 Bn | 163.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 1.01 Mn |
| Mar 31, 2024 | 1.02 Mn |
| Dec 31, 2023 | 1.57 Mn |
| Sep 30, 2023 | 1.55 Mn |
| Jun 30, 2023 | 1.64 Mn |
| Mar 31, 2023 | 2.06 Mn |
| Dec 31, 2022 | 2.20 Mn |
| Mar 31, 2021 | 8.52 Mn |
| Dec 31, 2020 | 7.29 Mn |
| Sep 30, 2020 | 19.37 Mn |
| Jun 30, 2020 | 22.70 Mn |
| Mar 31, 2020 | 13.94 Mn |
| Dec 31, 2019 | 4.36 Mn |
| Sep 30, 2019 | 5.61 Mn |
| Jun 30, 2019 | 3.26 Mn |
| Dec 31, 2018 | 4.52 Mn |
API Access
Gaotu Techedu Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=GOTU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "GOTU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=GOTU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();