Readboy Education Holding Company Limited (HKG:2385)

HKG:2385 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	90.82	155.68	264.55	351.52	149.04	333.34
Short-Term Investments	5.63	3.37	4.78	-	374.28	50.41
Trading Asset Securities	-	-	2.67	15.11	34.23	-
Cash & Short-Term Investments	96.45	159.05	272	366.63	557.54	383.75
Cash Growth	-57.42%	-41.52%	-25.81%	-34.24%	45.29%	44.44%
Accounts Receivable	9.66	8.95	28.7	15.12	28.92	48.16
Other Receivables	-	0.12	-	-	0.49	0.92
Receivables	9.66	12.67	31.7	20.25	29.41	49.08
Inventory	119.5	131.72	167	196.56	246.72	258.22
Other Current Assets	-1.15	6.58	17.05	32.44	9.19	16.22
Total Current Assets	229.23	310.02	487.75	615.87	842.85	707.27
Property, Plant & Equipment	44.62	49.62	60.68	48.98	45.9	51.56
Long-Term Investments	17.15	18.9	9.54	28	28	-
Other Intangible Assets	12.06	20.74	17.29	1.14	4.96	6.07
Long-Term Accounts Receivable	-	-	-	0.28	0.75	1.32
Long-Term Deferred Tax Assets	0.32	0.14	21.26	15.51	26.68	32.55
Other Long-Term Assets	15.21	15.46	16.07	14.03	13.22	14.14
Total Assets	318.59	414.88	612.59	723.83	962.36	812.9

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	18.86	21.23	63.9	36.3	88.12	68.3
Accrued Expenses	9.77	12.32	14.29	21.52	24.28	62.37
Short-Term Debt	39.91	76.71	34.65	55.31	-	117.56
Current Portion of Leases	2.54	2.08	1.6	2.2	0.32	1.32
Current Income Taxes Payable	7.97	7.97	8.89	8.92	8.85	7.02
Current Unearned Revenue	44.39	59.71	64.02	69.86	96.04	119.24
Other Current Liabilities	14.65	21.74	22.77	16.13	12.66	16.14
Total Current Liabilities	138.09	201.75	210.13	210.23	230.26	391.94
Long-Term Leases	2.4	3.12	5.95	2.2	0.49	1.94
Long-Term Unearned Revenue	8.57	11.12	21.83	17.26	32.03	39.72
Long-Term Deferred Tax Liabilities	0.01	0.01	-	-	-	-
Other Long-Term Liabilities	0.61	0.6	5.86	-	-	120.37
Total Liabilities	149.67	216.6	243.76	229.69	262.78	553.96

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.3	0.3	0.3	0.3	0.3	0
Additional Paid-In Capital	433.36	433.36	433.36	433.36	433.36	-
Retained Earnings	-147.82	-114.39	3.71	62.29	133.74	128.53
Treasury Stock	-241.98	-240.88	-179.38	-131.2	-	-
Comprehensive Income & Other	124.39	119.21	113.02	130.41	130.41	130.41
Total Common Equity	168.26	197.59	371.01	495.16	697.81	258.94
Minority Interest	0.66	0.69	-2.18	-1.02	1.77	-
Shareholders' Equity	168.92	198.28	368.83	494.14	699.58	258.94
Total Liabilities & Equity	318.59	414.88	612.59	723.83	962.36	812.9

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	44.85	81.91	42.2	59.71	0.81	120.81
Net Cash (Debt)	51.6	77.14	229.8	306.92	556.73	262.94
Net Cash Growth	-68.39%	-66.43%	-25.13%	-44.87%	111.74%	92.84%
Net Cash Per Share	0.16	0.24	0.69	0.90	1.72	0.89
Filing Date Shares Outstanding	316.97	320.41	344.12	334.7	352	300
Total Common Shares Outstanding	316.97	320.41	344.12	334.7	352	300
Working Capital	91.14	108.27	277.62	405.64	612.59	315.32
Book Value Per Share	0.53	0.62	1.08	1.48	1.98	0.86
Tangible Book Value	156.19	176.85	353.72	494.02	692.85	252.86
Tangible Book Value Per Share	0.49	0.55	1.03	1.48	1.97	0.84
Buildings	-	35.29	35.29	39.87	39.4	39.4
Machinery	-	34.57	34.1	31.45	29.55	28.59
Leasehold Improvements	-	18.99	19.43	1.57	-	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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:

Sep 3, 2026

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