China Beststudy Education Group (HKG:3978)

HKG:3978 Balance Sheet

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

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	823.84	512.01	281.93	195.08	211.18
Short-Term Investments	194.25	119.39	52.37	43.34	180.26
Trading Asset Securities	205.32	108.88	61.59	99.8	294.98
Cash & Short-Term Investments	1,223	740.27	395.88	338.22	686.42
Cash Growth	65.26%	86.99%	17.05%	-50.73%	-53.96%
Other Receivables	33.97	49.44	34.86	21.49	14.75
Receivables	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	124.56	60.01	50.68	30.38	36.92
Total Current Assets	1,423	880.71	512.11	414.56	771.96
Property, Plant & Equipment	403.13	344.4	231.73	252.1	244.02
Long-Term Investments	322.7	513.45	208.87	114.35	233.39
Other Intangible Assets	48.26	18.17	20.12	24.03	29.33
Long-Term Deferred Tax Assets	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	21.22	30.34	23.58	13.86	0.55
Total Assets	2,284	1,837	1,046	869.68	1,319

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	97.71	75.16	51.42	54.6	87.16
Current Income Taxes Payable	88.48	69.77	41.1	18.88	33.87
Current Unearned Revenue	675.88	602.02	211.78	151.2	191.73
Other Current Liabilities	138.83	82.88	57.2	48.58	69.84
Total Current Liabilities	1,196	968.75	410.95	318.87	817.83
Long-Term Leases	238.37	210.13	138.99	144.93	150.22
Long-Term Deferred Tax Liabilities	7	4.81	-	-	-
Total Liabilities	1,442	1,184	549.94	463.79	968.05

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
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	44.11	19.48	32.17	33.38	33.21
Total Common Equity	834.16	653.71	498.01	407.86	350.85
Minority Interest	8.19	-	-1.57	-1.97	-0.25
Shareholders' Equity	842.35	653.71	496.44	405.89	350.6
Total Liabilities & Equity	2,284	1,837	1,046	869.68	1,319

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	336.08	285.3	190.42	199.53	570.6
Net Cash (Debt)	887.32	454.98	205.47	138.69	115.81
Net Cash Growth	95.03%	121.44%	48.15%	19.75%	-45.92%
Net Cash Per Share	1.14	0.60	0.27	0.18	0.15
Filing Date Shares Outstanding	740.5	737.22	753.03	752.54	752.17
Total Common Shares Outstanding	740.5	737.22	753.03	752.54	752.17
Working Capital	226.26	-88.04	101.16	95.7	-45.86
Book Value Per Share	1.13	0.89	0.66	0.54	0.47
Tangible Book Value	785.9	635.54	477.89	383.83	321.52
Tangible Book Value Per Share	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: Dec 31, 2025

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:

Jul 27, 2026

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