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Tarena International Inc. (China)

Main Activities: Other Schools and Instruction
Full name: Tarena International Inc. Profile Updated: July 05, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company is a provider of IT-focused supplementary STEM education services in China. Through its innovative education platform combining live distance instruction, classroom-based tutoring and online learning modules, TCTM offers IT-focused supplementary STEM education programs, including computer coding and robotics programming courses, etc., targeting students between three and eighteen years of age. Aiming to encourage “code to learn,” TCTM embraces the latest trends in STEM education and technology to develop children s logical thinking and learning abilities while allowing them to discover their interests and potential.
The Company reorganized its business to become a single reportable segment: (1) IT-focused Supplementary STEM Education Services.
HISTORY:
2003: The Company was incorporated in the Cayman Islands in October 2003.
2012: The Companyestablished Tarena Hong Kong Limited, or Tarena HK, as our wholly-owned subsidiary in October 2012.
2013: Tarena HK wholly owns Tarena Software Technology (Hangzhou) Co., Ltd., or Tarena Hangzhou, an entity that it established in January 2013.
2014: The Company s common stock is listed on NASDAQ Global Select Market under the symbol TEDU.
2024: The Company changed its name from “Tarena International, Inc.” to “TCTM Kids IT Education Inc.” on February 20, 203 and the ticker symbol of its American depositary shares listed on the Nasdaq Capital Market from “TEDU” to “TCTM”.

Headquarters
6/F, No. 1 Andingmenwai Street, Litchi Tower, Chaoyang District
Beijing; Beijing; Postal Code: 100011

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Website: http://tctm.cn

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2002
Key Executives
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Chairman
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Chief Financial Officer
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Senior Vice President
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Vice President
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Director/Member of the Board
Ownership Details
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22%
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19.906%
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11.318%
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1.168%
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Subsidiaries
Beijing Caixiu Renren Technology Co., Ltd.
Beijing Pairuite Internet Technology Co., Ltd.
Beijing Tarena Jinqiao Technology Co., Ltd.
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-44.28%
Total operating revenue
-44.28%
Operating profit (EBIT)
-88.08%
EBITDA
-68.68%
Net Profit (Loss) for the Period
-89.9%
Total assets
-23.87%
Total equity
0.35%
Operating Profit Margin (ROS)
-3.33%
Net Profit Margin
-2.82%
Return on Equity (ROE)
5.09%
Quick Ratio
-0.02%
Cash Ratio
-0.04%

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