Formatting financial statements in commn size can eliminate inherent bias' that usually occurs whenever analyzing companies of differing sizes. Common size also allows for the analysis of a company over various time periods rapidly, e.g. revealing what percentage of sales is cost of goods sold and how that value has changed over time.
Gaotu Techedu Inc (ADR), https://ir.gaotu.cn/home, SIC Code: 8299, SCHOOLS AND EDUCATIONAL SERVICES, NOT ELSEWHERE CLASSIFIED
View Financial Statements Report for Gaotu Techedu Inc (ADR)