Who is gaotu

After a stumble in the market that brought GOTU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with Volatility was left at In addition, Gaotu Techedu Inc. The net margin for Gaotu Techedu Inc. The total capital return value is set at Equity return is now at value Based on Gaotu Techedu Inc.

Total debt to assets is 7. Finally, the long-term debt to capital ratio is 9. When we switch over and look at the enterprise to sales, we see a ratio of 2. Argumentatively, some will then respond, "Which God? From the perspective of Masons, there is one Supreme Being and that is to whom we pray. The term first appeared in Masonic usage in in a book called Anderson's Constitutions which was, ostensibly, a listing of the rules by which the Grand Lodge of England were governed.

It seems that the phrase was probably taken from John Calvin whose teachings formed the basis for Presbyterian and Reformed theology as Anderson was a Presbyterian Minister. Search this Site Related Topics:. In addition, don't miss these:. IBM's revenue rose just 0.

Businesses and banks will be able to issue their own branded crypto debit and credit cards to consumers who want them. Dow Futures 35, Nasdaq Futures 15, Russell Futures 2, Crude Oil Gold 1, Silver Vix CMC Crypto 1, FTSE 7, Nikkei 29, Read full article. More content below. Gaotu's tactics made it a top target for short-sellers, who claimed the company was inflating its enrollment numbers and earnings. In late March, the meltdown of Archegos Capital, a shadowy fund that held a massive stake in Gaotu then known as GSX , also emboldened the bears.

China's regulators started to scrutinize the education sector in March, claiming that for-profit education platforms put too much pressure on students and widened the privilege gap between poor and affluent families.

The government also accused for-profit education companies of using predatory tactics to recruit students and promoting unapproved curriculums. In late July, the government overhauled the entire sector. Under the new rules, all registered online providers of academic after-school tutoring AST services will be required to gain new approvals for government licenses.

Licensed education companies will be prohibited from offering AST classes during national holidays, weekends, winter and summer breaks, and after 9 p. They will also be banned from covering core subjects such as math, science, and history "in advance of the school curriculum," hiring foreign teachers, engaging in "excessive profit-seeking activity," and using aggressive marketing campaigns.

Education companies will also be prohibited from raising funds, going public, and seeking out foreign investors with VIEs variable interest entities based in other countries. New government limits on tuition fees could prevent it from ever generating a profit again, and the elimination of the VIE structure -- which Gaotu and many other Chinese tech companies previously used to go public -- could render its U.

Gaotu's second quarter ended on June 30, so its numbers still don't reflect the impact of the new policies, which were introduced in late July. Gaotu didn't provide any guidance for the rest of the year, and management noted that many of the government's new restrictions -- including pricing limits, data security, and qualifications for new learning centers -- had yet to be finalized during its brief conference call. Gaotu has been shutting down education centers and laying off about a third of its staff to conserve its cash.