Bojun Education Company 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	83.21	140.6	225.8	346.55	155.07	93.21
Trading Asset Securities	47.62	49.35	-	-	-	-
Cash & Short-Term Investments	130.83	189.94	225.8	346.55	155.07	93.21
Cash Growth	-23.73%	-15.88%	-34.84%	123.48%	66.36%	-78.16%
Accounts Receivable	-	119.5	106.96	0.29	0.29	0.29
Other Receivables	202.27	65.82	63.33	95.22	136.21	142.93
Receivables	202.27	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	333.1	387.63	410.17	645.95	292.03	308.97
Property, Plant & Equipment	3,443	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	2.17	2.44	3.11	3.78	-	-
Long-Term Deferred Tax Assets	16.33	16.52	16.91	17.29	17.67	18.06
Other Long-Term Assets	32.25	36.52	55.22	94.54	78.34	91.55
Total Assets	3,826	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	879.18	781.29	453.03	842.31	31.12	56.99
Current Portion of Leases	0.38	0.37	0.54	0.18	0.72	0.82
Current Income Taxes Payable	9.97	13.93	12.05	9.76	6.81	5.13
Current Unearned Revenue	144.27	171.28	293.36	277.04	36.81	7.3
Other Current Liabilities	319.59	298.94	457.36	458.89	35.46	151.39
Total Current Liabilities	1,353	1,302	1,230	1,598	115.67	227.6
Long-Term Debt	1,738	1,802	1,781	1,416	803.49	811.2
Long-Term Leases	3.31	3.41	3.78	0.19	-	0.72
Long-Term Unearned Revenue	409.51	414.03	422.05	272.36	70.69	72.22
Long-Term Deferred Tax Liabilities	60.25	61.14	62.94	64.84	-	-
Other Long-Term Liabilities	1	1	1	166.41	-	-
Total Liabilities	3,565	3,584	3,501	3,518	989.84	1,112
Common Stock	7.89	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	21.72	134	134	141.08	133.71	29.07
Total Common Equity	29.61	68.79	198.41	237.68	179.27	84.02
Minority Interest	231.4	249.23	316.65	307.6	-	-
Shareholders' Equity	261.01	318.03	515.06	545.28	179.27	84.02
Total Liabilities & Equity	3,826	3,902	4,016	4,063	1,169	1,196
Total Debt	2,621	2,587	2,238	2,259	835.33	869.72
Net Cash (Debt)	-2,490	-2,397	-2,012	-1,912	-680.25	-776.51
Net Cash Per Share	-2.77	-2.65	-2.23	-2.33	-0.83	-0.94
Filing Date Shares Outstanding	902.83	903.14	903.14	903.14	821.86	821.86
Total Common Shares Outstanding	902.83	903.14	903.14	821.86	821.86	821.86
Working Capital	-1,020	-914.7	-820.08	-952.47	176.37	81.37
Book Value Per Share	0.03	0.08	0.22	0.29	0.22	0.10
Tangible Book Value	27.44	66.35	183.19	221.79	179.27	84.02
Tangible Book Value Per Share	0.03	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.