GAOTU TECHEDU Must Comply with NYSE Listing Requirements to Remain Listed
January 7, 2023
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GAOTU TECHEDU ($NYSE:GOTU) is a leading technology company in the world that specializes in developing cutting-edge products and services. The company’s stock is listed on the New York Stock Exchange (NYSE) which gives it access to a much larger investor base and provides liquidity for shareholders.
However, in order to remain listed on the NYSE, GAOTU TECHEDU must comply with the NYSE’s listing requirements. The NYSE has a set of listing standards that companies must adhere to in order to remain listed on their exchange. These requirements include maintaining a minimum market capitalization, meeting a minimum level of shareholder equity, having a sufficient number of publicly held shares, and making timely financial disclosures. This includes having an independent board of directors and a majority of independent outside directors, as well as having an audit committee composed solely of independent directors. The company must also ensure that its directors, officers and shareholders are free from any conflicts of interest. Finally, GAOTU TECHEDU must maintain a continuing compliance program that periodically assesses the company’s adherence to the NYSE’s listing requirements. This program must include periodic reviews of the company’s financial performance, corporate governance practices and internal controls.
Additionally, it must include procedures for responding to any areas of non-compliance that are identified. This includes meeting certain market capitalization and shareholder equity thresholds, having a sufficient number of publicly held shares, and adhering to the NYSE’s corporate governance standards. Additionally, the company must have a continuing compliance program in place to ensure that it remains in compliance with all listing requirements.
Share Price
This means that it must adhere to the NYSE’s regulations and corporate governance standards. On Friday, GAOTU TECHEDU stock opened at $3.2 and closed at $3.5, a rise of 6.6% from its last closing price of 3.3. This indicates the company is meeting the requirements of the NYSE and staying compliant. This includes meeting certain financial and operational criteria, as well as maintaining a strong corporate governance standard. Furthermore, it must ensure it is compliant with all applicable federal securities laws and regulations. GAOTU TECHEDU must also ensure its stock price remains above the minimum required by the NYSE. If the stock price falls below this level, it may be subject to delisting proceedings.
Additionally, the company must maintain an acceptable level of liquidity and capitalization, as well as an acceptable number of shareholders. The company must ensure it complies with all applicable regulations and corporate governance standards, as well as keep its stock price above the minimum level required by the NYSE. By doing so, GAOTU TECHEDU can remain listed on the exchange and continue to benefit from being a publicly traded company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Gaotu Techedu. More…
| Total Revenues | Net Income | Net Margin |
| 3.14k | 228.42 | 7.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Gaotu Techedu. More…
| Operations | Investing | Financing |
| -4.19k | 4.81k | -100.61 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Gaotu Techedu. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.43k | 1.39k | 11.74 |
Key Ratios Snapshot
Some of the financial key ratios for Gaotu Techedu are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 32.1% | 38.0% | 6.0% |
| FCF Margin | ROE | ROA |
| -141.8% | 3.9% | 2.7% |
VI Analysis
GAOTU TECHEDU is a company that has achieved moderate revenue or earnings growth, and can easily be classified as a ‘rhino’ according to the VI Star Chart. Such a company may be of interest to investors who are looking for companies with a good financial health score which is 8/10 for GAOTU TECHEDU. The company is strong in terms of assets and growth, medium in terms of profitability and weak in terms of dividend. Furthermore, based on its cashflows and debt, it is capable of paying off debt and funding future operations. The company’s fundamentals are key in reflecting its long-term potential and the app from VI makes it easier to analyse such companies. This can help investors make informed decisions about whether to invest in such companies or not. Investors should always be mindful of the company’s financial health and performance before investing their money. This way, they can ensure that their investment will yield a good return in the long run. More…
VI Peers
All of these companies are dedicated to providing quality educational services to their clients, ranging from online education to tutoring and more. With their innovative approaches and cutting-edge technology, they are transforming the education industry and making learning more accessible and affordable.
– Koolearn Technology Holding Ltd ($SEHK:01797)
Koolearn Technology Holding Ltd is a technology company based in China that develops educational products and services. The company has a strong presence in the Chinese market, and its products are used by millions of students and educators. As of 2023, Koolearn Technology Holding Ltd has a market cap of 54.29B, giving it a strong position in the Chinese technology sector. The company’s Return on Equity (ROE) is -3.35%, which is lower than the industry average. This indicates that the company is not making the best use of its assets, although it does have a large market capitalization.
– Jiangsu Chuanzhiboke Education Technology Co Ltd ($SZSE:003032)
Jiangsu Chuanzhiboke Education Technology Co Ltd is a leading provider of educational technology solutions in China. The company has a market capitalization of 6.86 billion US dollars as of 2023, signifying its strong financial performance and market position. Furthermore, the company’s Return on Equity (ROE) of 10.39% demonstrates its ability to generate profits from its equity investments. Chuanzhiboke’s products and services are designed to enhance the quality of education while providing students with increased access and convenience. The company’s offerings include online and offline platforms, software, tools, and services that enable educators and learners to collaborate, create, and consume high-quality educational content in a secure and efficient manner.
– Dashan Education Holdings Ltd ($SEHK:09986)
Dashan Education Holdings Ltd is an education technology company specializing in providing innovative and interactive digital learning solutions, as well as high-quality educational content. As of 2023, the publically-traded company has a market capitalization of 1.45 Billion USD and a return on equity (ROE) of -19.33%. Despite the negative ROE, the company’s market cap has been steadily increasing over the years, indicating investor confidence in the company’s ability to turn a profit.
Summary
Investing in GAOTU TECHEDU can be a lucrative opportunity for investors. The company has recently met the New York Stock Exchange (NYSE) listing requirements, causing its stock price to move up. This suggests that the company is in good financial health and is well-positioned to continue delivering strong returns in the future.
Furthermore, GAOTU TECHEDU’s stock price has a history of performing well in comparison to the market, indicating that its products and services are in high demand. As a result, investors may want to consider adding GAOTU TECHEDU to their portfolios as a way to potentially increase returns.
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