Bojun Education Company Balance Sheet

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

Millions CNY. Fiscal year is Sep - Aug.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	140.6	225.8	346.55	155.07	93.21
Trading Asset Securities	49.35	-	-	-	-
Cash & Short-Term Investments	189.94	225.8	346.55	155.07	93.21
Cash Growth	-15.88%	-34.84%	123.48%	66.36%	-78.16%
Accounts Receivable	119.5	106.96	0.29	0.29	0.29
Other Receivables	65.82	63.33	95.22	136.21	142.93
Receivables	194.18	181.77	95.52	136.51	213.22
Prepaid Expenses	3.51	2.6	3.88	0.46	-
Other Current Assets	-	-	200	-	2.54
Total Current Assets	387.63	410.17	645.95	292.03	308.97
Property, Plant & Equipment	3,459	3,518	3,272	763.56	759.7
Long-Term Investments	-	-	17.51	17.51	17.48
Goodwill	-	12.11	12.11	-	-
Other Intangible Assets	2.44	3.11	3.78	-	-
Long-Term Deferred Tax Assets	16.52	16.91	17.29	17.67	18.06
Other Long-Term Assets	36.52	55.22	94.54	78.34	91.55
Total Assets	3,902	4,016	4,063	1,169	1,196
Accrued Expenses	36.51	13.91	10.23	4.75	5.98
Current Portion of Long-Term Debt	781.29	453.03	842.31	31.12	56.99
Current Portion of Leases	0.37	0.54	0.18	0.72	0.82
Current Income Taxes Payable	13.93	12.05	9.76	6.81	5.13
Current Unearned Revenue	171.28	293.36	277.04	36.81	7.3
Other Current Liabilities	298.94	457.36	458.89	35.46	151.39
Total Current Liabilities	1,302	1,230	1,598	115.67	227.6
Long-Term Debt	1,802	1,781	1,416	803.49	811.2
Long-Term Leases	3.41	3.78	0.19	-	0.72
Long-Term Unearned Revenue	414.03	422.05	272.36	70.69	72.22
Long-Term Deferred Tax Liabilities	61.14	62.94	64.84	-	-
Other Long-Term Liabilities	1	1	166.41	-	-
Total Liabilities	3,584	3,501	3,518	989.84	1,112
Common Stock	7.89	7.89	7.14	7.14	7.14
Additional Paid-In Capital	678.56	678.56	671.95	671.95	671.95
Retained Earnings	-751.66	-622.05	-582.48	-633.53	-624.13
Comprehensive Income & Other	134	134	141.08	133.71	29.07
Total Common Equity	68.79	198.41	237.68	179.27	84.02
Minority Interest	249.23	316.65	307.6	-	-
Shareholders' Equity	318.03	515.06	545.28	179.27	84.02
Total Liabilities & Equity	3,902	4,016	4,063	1,169	1,196
Total Debt	2,587	2,238	2,259	835.33	869.72
Net Cash (Debt)	-2,397	-2,012	-1,912	-680.25	-776.51
Net Cash Per Share	-2.65	-2.23	-2.33	-0.83	-0.94
Filing Date Shares Outstanding	903.14	903.14	903.14	821.86	821.86
Total Common Shares Outstanding	903.14	903.14	821.86	821.86	821.86
Working Capital	-914.7	-820.08	-952.47	176.37	81.37
Book Value Per Share	0.08	0.22	0.29	0.22	0.10
Tangible Book Value	66.35	183.19	221.79	179.27	84.02
Tangible Book Value Per Share	0.07	0.20	0.27	0.22	0.10
Buildings	2,834	2,702	2,646	690.51	690.51
Machinery	217.44	188.57	149.29	8.19	5.64
Construction In Progress	407.99	481.56	400.48	480.45	468.15
Leasehold Improvements	4.29	4.75	4.75	4.29	4.16

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