Leader Education Balance Sheet

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

Millions CNY. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Cash & Equivalents	68.15	275.84	345.44	270.78	253.09	303.93
Short-Term Investments	-	8.26	6.05	7.2	3.79	12.63
Cash & Short-Term Investments	68.15	284.1	351.49	277.98	256.88	316.56
Cash Growth	-61.75%	-19.17%	26.44%	8.21%	-18.85%	-13.70%
Accounts Receivable	0.63	1.06	0.57	-	-	-
Other Receivables	-	9.02	5.67	2.86	18.07	0.21
Receivables	0.63	10.08	6.24	2.86	18.07	0.21
Other Current Assets	421.73	12.96	6.06	11.61	8.45	5.05
Total Current Assets	490.51	307.14	363.79	292.44	283.4	321.82
Property, Plant & Equipment	1,962	2,268	2,138	1,841	1,744	1,590
Long-Term Investments	3.33	3.33	2.67	3.38	-	-
Other Intangible Assets	2.1	2.14	3.11	3.29	3.04	2.6
Other Long-Term Assets	54.83	60.16	35.46	55.34	34.96	83.35
Total Assets	2,513	2,640	2,544	2,196	2,065	1,998
Accrued Expenses	-	19.69	16.05	13.18	10.23	8.99
Short-Term Debt	-	110.17	102.2	105.45	-	-
Current Portion of Long-Term Debt	429.83	88.37	65.72	19.32	47.33	74.01
Current Portion of Leases	-	148.91	284.69	235.58	179.67	123.76
Current Income Taxes Payable	-	3.27	0.16	0	0.03	0.02
Current Unearned Revenue	183.57	344.68	321.95	292.33	220.35	169.63
Other Current Liabilities	86.2	57.29	49.5	51.76	64.62	72.36
Total Current Liabilities	699.6	772.37	840.27	717.62	522.23	448.77
Long-Term Debt	886.34	958.4	765.98	405.02	498.12	493.64
Long-Term Leases	-	-	-	161.47	130.44	186.14
Long-Term Unearned Revenue	5.99	6.27	9.28	2.81	1.81	2.05
Long-Term Deferred Tax Liabilities	47.6	48.55	0.12	-	-	-
Other Long-Term Liabilities	-	-	-	-	-	18.4
Total Liabilities	1,640	1,786	1,616	1,287	1,153	1,149
Common Stock	46.29	46.29	46.29	46.29	46.29	46.29
Additional Paid-In Capital	-	221.78	221.78	221.78	286.01	286.01
Retained Earnings	-	582.6	656.52	636.56	578.96	522.93
Comprehensive Income & Other	827.34	4.18	3.32	4.3	1.5	-6.55
Total Common Equity	873.63	854.86	927.92	908.94	912.75	848.68
Minority Interest	-	-	-0.02	-0.02	-	-
Shareholders' Equity	873.63	854.86	927.9	908.92	912.75	848.68
Total Liabilities & Equity	2,513	2,640	2,544	2,196	2,065	1,998
Total Debt	1,316	1,306	1,219	926.84	855.57	877.55
Net Cash (Debt)	-1,248	-1,022	-867.1	-648.86	-598.69	-560.98
Net Cash Per Share	-1.87	-1.53	-1.30	-0.97	-0.90	-0.84
Filing Date Shares Outstanding	667.49	666.67	666.67	666.67	666.67	666.67
Total Common Shares Outstanding	667.49	666.67	666.67	666.67	666.67	666.67
Working Capital	-209.09	-465.23	-476.47	-425.18	-238.83	-126.95
Book Value Per Share	1.31	1.28	1.39	1.36	1.37	1.27
Tangible Book Value	871.53	852.71	924.8	905.65	909.72	846.08
Tangible Book Value Per Share	1.31	1.28	1.39	1.36	1.36	1.27
Buildings	-	1,951	1,914	1,811	1,345	1,225
Machinery	-	180.47	170.76	156.63	140.02	126.04
Construction In Progress	-	261.58	158.72	91.73	431.71	425.76

Source: S&P Global Market Intelligence. Standard template. Financial Sources.