South China Vocational Education Group Company Limited (HKG:6913)

HKG:6913 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	230.29	479.59	279.19	421.42	247.31	482.39
Short-Term Investments	50	81.66	86.82	2.11	1.67	1.74
Trading Asset Securities	-	-	0.03	-	-	70.05
Cash & Short-Term Investments	280.29	561.25	366.04	423.53	248.98	554.18
Cash Growth	-29.08%	53.33%	-13.57%	70.10%	-55.07%	78.77%
Accounts Receivable	16.01	10.09	10.15	21.11	23.62	63.54
Other Receivables	-	9.55	7.62	9.18	11.65	4.83
Receivables	16.01	19.64	17.77	43.29	268.16	68.37
Prepaid Expenses	-	4.79	1.61	1.09	2.17	1.14
Other Current Assets	47.96	13.58	35.8	29.19	9.59	7.6
Total Current Assets	344.27	599.26	421.21	497.09	528.9	631.28
Property, Plant & Equipment	2,211	2,210	2,010	1,778	1,699	1,578
Long-Term Investments	-	-	-	81.57	-	-
Goodwill	3.05	3.05	3.05	3.05	3.05	-
Other Intangible Assets	13.9	14.25	10.77	11.47	8.43	8.9
Long-Term Deferred Tax Assets	10.85	12.43	12.84	6.71	1.17	-
Long-Term Deferred Charges	6.88	10.68	9.06	8.53	7.97	5.83
Other Long-Term Assets	62.07	64.44	63.26	78.88	89.14	54.77
Total Assets	2,652	2,914	2,531	2,466	2,338	2,279

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
Accrued Expenses	43.16	107.54	89.74	67.06	60.31	50.44
Current Portion of Long-Term Debt	140.49	103.57	63.08	132.86	89.17	83.42
Current Portion of Leases	23.16	23.6	24.63	24.3	23.64	25.21
Current Income Taxes Payable	-	146.63	15.63	17.03	18.93	16.99
Current Unearned Revenue	94.94	324.99	298.86	239.7	182.88	157.2
Other Current Liabilities	253.62	168.74	106.59	86.29	107.72	90.54
Total Current Liabilities	555.37	875.07	598.53	567.25	482.64	423.78
Long-Term Debt	281.45	274.42	118.14	74.76	122.46	185.01
Long-Term Leases	108.45	118	78.63	90.39	107.24	123.17
Long-Term Unearned Revenue	83.16	82.93	77.92	82.14	86.25	91.5
Long-Term Deferred Tax Liabilities	7.93	7.72	-	-	-	-
Total Liabilities	1,036	1,358	873.22	814.53	798.59	823.45

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	11.12	11.12	11.12	11.12	11.12	11.12
Additional Paid-In Capital	-	227.3	267.62	352.49	352.49	413.12
Retained Earnings	-	1,319	1,379	1,288	1,175	1,031
Comprehensive Income & Other	1,604	-1.84	-0.23	-0.48	0.09	0.02
Total Common Equity	1,615	1,556	1,657	1,651	1,539	1,456
Minority Interest	0.59	0.48	0.31	0.31	0.18	-
Shareholders' Equity	1,616	1,556	1,657	1,651	1,539	1,456
Total Liabilities & Equity	2,652	2,914	2,531	2,466	2,338	2,279

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	553.56	519.6	284.48	322.31	342.51	416.8
Net Cash (Debt)	-273.27	41.65	81.56	101.22	-93.53	137.38
Net Cash Growth	-	-48.93%	-19.42%	-	-	-
Net Cash Per Share	-0.20	0.03	0.06	0.08	-0.07	0.12
Filing Date Shares Outstanding	1,446	1,334	1,334	1,334	1,334	1,334
Total Common Shares Outstanding	1,446	1,334	1,334	1,334	1,334	1,334
Working Capital	-211.1	-275.81	-177.32	-70.16	46.26	207.5
Book Value Per Share	1.12	1.17	1.24	1.24	1.15	1.09
Tangible Book Value	1,598	1,538	1,643	1,636	1,528	1,447
Tangible Book Value Per Share	1.11	1.15	1.23	1.23	1.15	1.08
Machinery	-	554.9	511.01	459.54	399.57	354.98
Construction In Progress	-	56.15	106.54	79.24	68.6	108.74
Leasehold Improvements	-	281.89	199.62	143.28	114.12	-

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:

Aug 27, 2026

Data Sources Report a data error