China Beststudy Education Group (HKG:3978)

HKG:3978 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	347.14	823.84	512.01	281.93	195.08	211.18
Short-Term Investments	118.95	194.25	119.39	52.37	43.34	180.26
Trading Asset Securities	614.55	205.32	108.88	61.59	99.8	294.98
Cash & Short-Term Investments	1,081	1,223	740.27	395.88	338.22	686.42
Cash Growth	12.12%	65.26%	86.99%	17.05%	-50.73%	-53.96%
Other Receivables	0.52	33.97	49.44	34.86	21.49	14.75
Receivables	0.52	43.07	58.62	44.5	33.9	40.7
Prepaid Expenses	-	31.65	21.81	21.05	12.07	7.93
Other Current Assets	217.32	124.56	60.01	50.68	30.38	36.92
Total Current Assets	1,298	1,423	880.71	512.11	414.56	771.96
Property, Plant & Equipment	401.72	403.13	344.4	231.73	252.1	244.02
Long-Term Investments	432.63	322.7	513.45	208.87	114.35	233.39
Other Intangible Assets	94.01	48.26	18.17	20.12	24.03	29.33
Long-Term Deferred Tax Assets	53.35	39.13	46.1	45.8	46.46	35.08
Long-Term Deferred Charges	-	27.01	4.24	4.17	4.32	4.32
Other Long-Term Assets	17.32	21.22	30.34	23.58	13.86	0.55
Total Assets	2,298	2,284	1,837	1,046	869.68	1,319

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	-	-	-	0.47	0.71	0.26
Accrued Expenses	-	195.5	138.92	48.98	44.9	101.74
Short-Term Debt	-	-	-	-	-	333.22
Current Portion of Leases	98.9	97.71	75.16	51.42	54.6	87.16
Current Income Taxes Payable	86.82	88.48	69.77	41.1	18.88	33.87
Current Unearned Revenue	627.08	675.88	602.02	211.78	151.2	191.73
Other Current Liabilities	354.85	138.83	82.88	57.2	48.58	69.84
Total Current Liabilities	1,168	1,196	968.75	410.95	318.87	817.83
Long-Term Leases	232.75	238.37	210.13	138.99	144.93	150.22
Long-Term Deferred Tax Liabilities	5.95	7	4.81	-	-	-
Total Liabilities	1,406	1,442	1,184	549.94	463.79	968.05

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	0.3
Additional Paid-In Capital	-	208.05	184.31	208.71	208.71	208.71
Retained Earnings	-	581.7	449.62	256.82	165.47	108.63
Comprehensive Income & Other	884.29	44.11	19.48	32.17	33.38	33.21
Total Common Equity	884.59	834.16	653.71	498.01	407.86	350.85
Minority Interest	6.56	8.19	-	-1.57	-1.97	-0.25
Shareholders' Equity	891.15	842.35	653.71	496.44	405.89	350.6
Total Liabilities & Equity	2,298	2,284	1,837	1,046	869.68	1,319

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	331.66	336.08	285.3	190.42	199.53	570.6
Net Cash (Debt)	748.98	887.32	454.98	205.47	138.69	115.81
Net Cash Growth	20.27%	95.03%	121.44%	48.15%	19.75%	-45.92%
Net Cash Per Share	0.97	1.14	0.60	0.27	0.18	0.15
Filing Date Shares Outstanding	721.32	740.5	737.22	753.03	752.54	752.17
Total Common Shares Outstanding	721.32	740.5	737.22	753.03	752.54	752.17
Working Capital	130.82	226.26	-88.04	101.16	95.7	-45.86
Book Value Per Share	1.23	1.13	0.89	0.66	0.54	0.47
Tangible Book Value	790.58	785.9	635.54	477.89	383.83	321.52
Tangible Book Value Per Share	1.10	1.06	0.86	0.63	0.51	0.43
Machinery	-	46.71	39.29	37.82	38.85	37.82
Leasehold Improvements	-	146.59	118.34	98.3	99.51	76.22

Data Source: S&P Global Market Intelligence Last updated: Aug 20, 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 6, 2026

Data Sources Report a data error