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CONSOLIDATED STATEMENTS OF OPERATIONS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Dec. 31, 2021
CNY (¥)
¥ / shares
shares
Income Statement [Abstract]        
Net revenues ¥ 2,159,584 $ 304,171 ¥ 2,323,101 ¥ 2,507,817
Cost of revenues (including share-based compensation expenses of RMB101, RMB33 and nil for the years ended December 31, 2021, 2022 and 2023, respectively) (265,528) (37,399) (348,150) (376,189)
Gross profit 1,894,056 266,772 1,974,951 2,131,628
Operating expenses        
Sales and marketing expenses (including share-based compensation expenses of RMB-14, RMB4,166 and nil for the years ended December 31, 2021, 2022 and 2023, respectively) (1,142,154) (160,869) (1,129,508) (1,748,436)
Product development expenses (33,723) (4,750) (42,834) (61,325)
General and administrative expenses (including share-based compensation expenses of RMB681, RMB2,982 and nil for the years ended December 31, 2021, 2022 and 2023, respectively) (143,286) (20,181) (185,667) (207,602)
Total operating expenses (1,319,163) (185,800) (1,358,009) (2,017,363)
Income from operations 574,893 80,972 616,942 114,265
Interest income 31,094 4,379 16,248 16,175
Interest expense (7,657) (1,078) (10,059) (10,929)
Other income, net 34,097 4,802 24,527 39,156
Impairment loss on long-term investments (61) (9) (500) (5,000)
Gain on disposal of subsidiaries 43,715 6,157 1,390 43,967
Income before income tax benefit/(expenses) and (loss)/gain from equity method investments 676,081 95,223 648,548 197,634
Income tax benefit/(expenses) (25,166) (3,545) (11,992) 19,618
(Loss)/gain from equity method investments (10,084) (1,420) 6,453 (4,886)
Net income 640,831 90,258 643,009 212,366
Less: Net (loss)/income attributable to non-controlling interest 1 0 (950) (6,690)
Net income attributable to Sunlands Technology Group ¥ 640,830 $ 90,258 ¥ 643,959 ¥ 219,056
Net income per share attributable to ordinary shareholders of Sunlands Technology Group:        
Earnings Per Share, Basic | (per share) ¥ 92.88 $ 13.08 ¥ 94.14 ¥ 32.56
Earnings Per Share, Diluted | (per share) ¥ 92.88 $ 13.08 ¥ 94.14 ¥ 32.56
Weighted average shares used in calculating net income per ordinary share:        
Weighted average shares used in calculating net income per ordinary share, Basic [1] 6,899,456 6,899,456 6,840,079 6,727,552
Weighted average shares used in calculating net income per ordinary share, Diluted [1] 6,899,456 6,899,456 6,840,079 6,727,552
[1] Effective August 31, 2021, the ratio of American Depositary Shares (“ADSs”) to Class A ordinary shares changed from each 25 ADSs representing one Class A ordinary share to each 2 ADSs representing one Class A ordinary share.