Sunlands Technology Group (STG) — Cost of Revenue

Annual figures by fiscal year, from SEC filings.

2016: 70.99M CNY2017: 170.26M CNY2018: 330.38M CNY2019: 396.32M CNY2020: 387.27M CNY2021: 376.19M CNY2022: 348.15M CNY2023: 265.53M CNY2024: 317.57M CNY2025: 264.42M CNY264.42M CNY
2016Cost of Revenue (CNY)2025
Fiscal YearCost of RevenueChange YoY
2025264.42M CNY-16.7%
2024317.57M CNY+19.6%
2023265.53M CNY-23.7%
2022348.15M CNY-7.5%
2021376.19M CNY-2.9%
2020387.27M CNY-2.3%
2019396.32M CNY+20.0%
2018330.38M CNY+94.0%
2017170.26M CNY+139.9%
201670.99M CNY