China Beststudy Education Group (HKG:3978)

HKG:3978 Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	512.01	281.93	195.08	211.18	693.73
Short-Term Investments	119.75	52.37	43.34	180.26	30.18
Trading Asset Securities	108.88	61.59	99.8	294.98	767.12
Cash & Short-Term Investments	740.64	395.88	338.22	686.42	1,491
Cash Growth	87.09%	17.05%	-50.73%	-53.96%	38.52%
Other Receivables	49.07	34.86	21.49	14.75	33.69
Receivables	58.26	44.5	33.9	40.7	46.91
Prepaid Expenses	21.81	21.05	12.07	7.93	13.22
Restricted Cash	-	-	-	-	2.63
Other Current Assets	60.01	50.68	30.38	36.92	57.84
Total Current Assets	880.71	512.11	414.56	771.96	1,612
Property, Plant & Equipment	344.4	231.73	252.1	244.02	1,044
Long-Term Investments	513.45	208.87	114.35	233.39	473.13
Other Intangible Assets	18.17	20.12	24.03	29.33	25.57
Long-Term Deferred Tax Assets	46.1	45.8	46.46	35.08	17.69
Long-Term Deferred Charges	4.24	4.17	4.32	4.32	7.85
Other Long-Term Assets	30.34	23.58	13.86	0.55	4.47
Total Assets	1,837	1,046	869.68	1,319	3,184
Accounts Payable	0.2	0.47	0.71	0.26	0.2
Accrued Expenses	138.72	48.98	44.9	101.74	194.35
Short-Term Debt	-	-	-	333.22	200
Current Portion of Long-Term Debt	-	-	-	-	4
Current Portion of Leases	75.16	51.42	54.6	87.16	211.55
Current Income Taxes Payable	69.77	41.1	18.88	33.87	22.7
Current Unearned Revenue	602.02	211.78	151.2	191.73	797.08
Other Current Liabilities	82.88	57.2	48.58	69.84	96.98
Total Current Liabilities	968.75	410.95	318.87	817.83	1,527
Long-Term Debt	-	-	-	-	145
Long-Term Leases	210.13	138.99	144.93	150.22	716.32
Long-Term Deferred Tax Liabilities	4.81	-	-	-	-
Total Liabilities	1,184	549.94	463.79	968.05	2,388
Common Stock	0.3	0.3	0.3	0.3	0.3
Additional Paid-In Capital	184.31	208.71	208.71	208.71	248.38
Retained Earnings	449.62	256.82	165.47	108.63	428.05
Comprehensive Income & Other	19.48	32.17	33.38	33.21	121.61
Total Common Equity	653.71	498.01	407.86	350.85	798.34
Minority Interest	-	-1.57	-1.97	-0.25	-2.47
Shareholders' Equity	653.71	496.44	405.89	350.6	795.87
Total Liabilities & Equity	1,837	1,046	869.68	1,319	3,184
Total Debt	285.3	190.42	199.53	570.6	1,277
Net Cash (Debt)	455.34	205.47	138.69	115.81	214.17
Net Cash Growth	121.61%	48.15%	19.75%	-45.92%	83.00%
Net Cash Per Share	0.60	0.27	0.18	0.15	0.26
Filing Date Shares Outstanding	748.68	753.03	752.54	752.17	777.5
Total Common Shares Outstanding	748.68	753.03	752.54	752.17	777.5
Working Capital	-88.04	101.16	95.7	-45.86	84.77
Book Value Per Share	0.87	0.66	0.54	0.47	1.03
Tangible Book Value	635.54	477.89	383.83	321.52	772.77
Tangible Book Value Per Share	0.85	0.63	0.51	0.43	0.99
Machinery	39.29	37.82	38.85	37.82	82.99
Leasehold Improvements	118.34	98.3	99.51	76.22	305.89

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.