Virscend Education Company Limited (HKG:1565)

HKG:1565 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Cash & Equivalents	475.51	955	813.18	756.41	389.27	631.74
Short-Term Investments	-	20.86	48.07	71.78	11.42	-
Trading Asset Securities	80.11	63.26	38.35	35.36	24.54	26.46
Cash & Short-Term Investments	555.61	1,039	899.59	863.56	425.23	658.2
Cash Growth	-10.58%	15.51%	4.17%	103.08%	-35.39%	-18.18%
Accounts Receivable	7.07	6	1.22	1.96	1.2	3.16
Other Receivables	1.16	-	-	-	-	616.17
Receivables	8.23	6	1.22	1.96	1.2	655.78
Inventory	1.62	0.21	0.23	0.18	0.02	0.03
Prepaid Expenses	12.62	-	-	-	-	-
Other Current Assets	175.75	27.88	67.54	158.68	44.85	44.85
Total Current Assets	753.83	1,073	968.58	1,024	471.3	1,359
Property, Plant & Equipment	3,021	2,912	2,997	3,244	3,073	3,003
Goodwill	104.3	104.3	104.3	104.3	104.3	104.3
Other Intangible Assets	72.56	77.42	86.43	95.86	116.07	138.64
Long-Term Deferred Tax Assets	0.45	0.32	1.64	2.01	-	-
Other Long-Term Assets	241.1	257.53	309.84	64.6	201.64	313.75
Total Assets	4,193	4,425	4,468	4,535	3,966	4,919

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Accounts Payable	1.98	1.86	1.6	1.62	1.35	3.4
Accrued Expenses	88.79	100.7	64.68	52.15	11.81	14.96
Short-Term Debt	349.8	194.8	246.8	310	249	206.61
Current Portion of Long-Term Debt	844.9	697.72	509.86	587.87	395.22	175.29
Current Portion of Leases	9.33	11.93	5.77	3.48	0.58	1.23
Current Income Taxes Payable	29.01	28.31	28.42	28.64	24.36	24.55
Current Unearned Revenue	465.98	680.92	669.09	676.67	463.82	424.25
Other Current Liabilities	88.08	89.18	123.15	95.13	148.71	2,233
Total Current Liabilities	1,878	1,805	1,649	1,756	1,295	3,083
Long-Term Debt	1,340	1,651	1,871	1,811	1,717	969.07
Long-Term Leases	6.73	1.91	0.41	3.38	0.46	-
Long-Term Unearned Revenue	60.12	62.37	62.52	76.52	117.98	5.75
Other Long-Term Liabilities	40.13	44.49	44.49	46.52	37.7	-
Total Liabilities	3,325	3,565	3,628	3,692	3,168	4,058

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Common Stock	26.05	26.05	26.05	26.05	26.05	26.05
Additional Paid-In Capital	-	589.87	628.26	-	-	-
Retained Earnings	111.91	85.61	27.92	-17.09	-49.36	-60.74
Comprehensive Income & Other	733.25	156.74	156.74	831.25	832.2	898.3
Total Common Equity	871.21	858.28	838.97	840.21	808.89	863.61
Minority Interest	-2.45	1.28	1.38	2.56	-10.55	-2.76
Shareholders' Equity	868.75	859.56	840.34	842.77	798.34	860.86
Total Liabilities & Equity	4,193	4,425	4,468	4,535	3,966	4,919

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Total Debt	2,550	2,557	2,634	2,715	2,362	1,352
Net Cash (Debt)	-1,995	-1,518	-1,734	-1,852	-1,937	-694.01
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.66	-0.50	-0.57	-0.61	-0.63	-0.22
Filing Date Shares Outstanding	3,089	3,089	3,089	3,089	3,089	3,089
Total Common Shares Outstanding	3,089	3,089	3,089	3,089	3,089	3,089
Working Capital	-1,124	-732.23	-680.79	-731.18	-823.55	-1,724
Book Value Per Share	0.28	0.28	0.27	0.27	0.26	0.28
Tangible Book Value	694.35	676.57	648.24	640.05	588.52	620.67
Tangible Book Value Per Share	0.22	0.22	0.21	0.21	0.19	0.20
Machinery	-	410.52	399.15	340.36	348.24	310.55
Construction In Progress	-	57.74	125.8	273.61	444.61	410.03
Leasehold Improvements	-	481.34	456.76	450.88	442.01	349.52

Data Source: S&P Global Market Intelligence Last updated: Feb 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 16, 2026

Data Sources Report a data error