China Education Group Holdings Limited (HKG: 0839)

China Education Group Holdings Balance Sheet

Financials in millions CNY. Fiscal year is September - August.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Feb 29, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
Cash & Equivalents	4,048	5,177	4,793	3,327	3,443	3,497
Short-Term Investments	1,028	345	289	112	53.95	11.59
Trading Asset Securities	426	570	215	1,620	823.27	660.28
Cash & Short-Term Investments	5,502	6,092	5,297	5,059	4,320	4,168
Cash Growth	-6.63%	15.01%	4.70%	17.10%	3.64%	130.21%
Accounts Receivable	125	71	60	71	59.53	27.93
Other Receivables	-	-	-	-	32.37	42.06
Receivables	125	307	259	172	121.1	241.13
Inventory	-	-	-	-	1.18	0.54
Prepaid Expenses	-	-	-	-	18.26	22.06
Other Current Assets	109	574	619	645	579.94	474.06
Total Current Assets	5,736	6,973	6,175	5,876	5,041	4,906
Property, Plant & Equipment	21,747	20,002	17,801	13,619	8,357	5,851
Goodwill	3,624	3,627	3,835	3,211	1,792	1,566
Other Intangible Assets	4,832	4,840	5,100	3,221	2,299	1,708
Long-Term Deferred Tax Assets	19	27	13	13	18.16	27.34
Long-Term Deferred Charges	67	61	81	95	108.91	98.97
Other Long-Term Assets	192	224	571	711	358.41	1,182
Total Assets	36,217	35,754	33,576	26,746	17,975	15,339
Accounts Payable	48	52	56	27	33.37	23.47
Accrued Expenses	-	-	-	-	171.19	132.87
Current Portion of Long-Term Debt	1,511	1,581	1,831	3,717	291.66	284.7
Current Portion of Leases	23	27	26	24	29.97	-
Current Income Taxes Payable	78	96	98	88	19.13	20.55
Current Unearned Revenue	3,329	3,879	3,239	2,323	1,360	1,711
Other Current Liabilities	2,497	2,594	2,363	2,313	1,473	1,556
Total Current Liabilities	7,486	8,229	7,613	8,492	3,379	3,729
Long-Term Debt	7,425	7,025	7,060	4,618	4,815	3,982
Long-Term Leases	36	46	67	83	85.97	-
Long-Term Unearned Revenue	71	64	15	16	24.91	31.57
Long-Term Deferred Tax Liabilities	1,568	1,572	1,631	967	739.69	565.46
Other Long-Term Liabilities	483	514	613	813	23.1	22.94
Total Liabilities	17,069	17,450	16,999	14,989	9,067	8,331
Common Stock	-	-	-	-	0.02	0.02
Additional Paid-In Capital	-	6,411	6,013	5,019	3,968	2,580
Retained Earnings	-	9,255	7,875	6,030	4,445	3,773
Comprensive Income & Other	16,301	-92	120	-129	160.4	241.99
Total Common Equity	16,301	15,574	14,008	10,920	8,573	6,595
Minority Interest	2,847	2,730	2,569	837	333.89	413.69
Shareholders' Equity	19,148	18,304	16,577	11,757	8,907	7,008
Total Liabilities & Equity	36,217	35,754	33,576	26,746	17,975	15,339
Total Debt	8,995	8,679	8,984	8,442	5,223	4,267
Net Cash (Debt)	-3,493	-2,587	-3,687	-3,383	-902.4	-98.15
Net Cash Per Share	-1.37	-1.04	-1.47	-1.41	-0.44	-0.05
Filing Date Shares Outstanding	2,552	2,552	2,387	2,273	2,150	2,020
Total Common Shares Outstanding	2,552	2,552	2,387	2,273	2,150	2,020
Working Capital	-1,750	-1,256	-1,438	-2,616	1,662	1,177
Book Value Per Share	6.39	6.10	5.87	4.80	3.99	3.26
Tangible Book Value	7,845	7,107	5,073	4,488	4,482	3,320
Tangible Book Value Per Share	3.07	2.79	2.13	1.97	2.08	1.64
Land	-	16,567	14,656	11,449	6,106	4,880
Machinery	-	1,972	1,605	1,116	880.81	705.24
Construction In Progress	-	708	734	568	694.42	925.56
Leasehold Improvements	-	1,092	807	576	450.98	394.95

Source: S&P Capital IQ. Standard template. Financial Sources.