Goldway Education Group Limited (HKG:8160)

Goldway Education Group Balance Sheet

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	9.05	6.86	8.97	16.46	30.03	27.63
Short-Term Investments	5.84	0.87	1.09	1.31	1.36	0.96
Trading Asset Securities	1.02	0.49	1.06	-	-	-
Cash & Short-Term Investments	15.92	8.21	11.12	17.76	31.39	28.59
Cash Growth	28.33%	-26.17%	-37.38%	-43.41%	9.80%	-35.27%
Accounts Receivable	7.5	4.35	2.31	0.59	0.59	1.03
Other Receivables	0.11	1.23	1.43	0.27	0.12	0.56
Receivables	7.61	5.58	3.75	0.85	0.71	1.59
Prepaid Expenses	3.17	0.34	0.17	0.75	0.32	0.35
Restricted Cash	11.57	14.56	14.52	14.51	-	-
Other Current Assets	-	-	-	-	5.43	-
Total Current Assets	38.26	28.69	29.56	33.87	37.84	30.53
Property, Plant & Equipment	11.39	11.42	8.32	2.35	3.5	14.44
Long-Term Investments	9.04	9.04	-	-	-	-
Goodwill	6.47	6.29	6.67	-	-	-
Other Intangible Assets	5.25	5.25	6.85	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	2.44	2.47
Other Long-Term Assets	1.51	1.51	1.12	0.95	1.13	2.59
Total Assets	71.92	62.2	52.51	37.17	44.91	50.03
Accrued Expenses	3.46	3.49	3.94	0.5	2.27	1.68
Short-Term Debt	-	-	-	0.22	-	-
Current Portion of Leases	6.39	6.07	3.66	3.79	3.8	4.22
Current Income Taxes Payable	-	-	-	0.94	0.53	-
Current Unearned Revenue	1.03	1.19	1.37	1.09	0.99	0.44
Other Current Liabilities	0.17	1.76	0.46	0.34	0.3	0.29
Total Current Liabilities	11.04	12.5	9.44	6.88	7.89	6.63
Long-Term Debt	-	2.23	2.07	-	-	-
Long-Term Leases	4.53	5.13	4.69	2.12	1.88	4.79
Long-Term Deferred Tax Liabilities	0.53	0.53	0.69	-	-	-
Total Liabilities	16.09	20.38	16.89	9	9.77	11.42
Common Stock	0.07	0.02	6.27	5.23	5.23	5.23
Additional Paid-In Capital	64.55	48.87	30.14	26.88	26.88	26.88
Retained Earnings	-12.88	-9.64	-4.18	-3.93	3.04	6.5
Comprehensive Income & Other	-0.69	-0.8	0.11	-	-	-
Total Common Equity	51.06	38.45	32.33	28.18	35.14	38.61
Minority Interest	4.77	3.37	3.29	-	-	-
Shareholders' Equity	55.83	41.82	35.62	28.18	35.14	38.61
Total Liabilities & Equity	71.92	62.2	52.51	37.17	44.91	50.03
Total Debt	10.91	13.42	10.42	6.13	5.68	9.01
Net Cash (Debt)	5	-5.21	0.7	11.63	25.71	19.58
Net Cash Growth	63.91%	-	-93.98%	-54.74%	31.28%	-55.66%
Net Cash Per Share	0.06	-0.16	0.03	0.56	1.23	0.94
Filing Date Shares Outstanding	145.27	36.32	25.08	20.9	20.9	20.9
Total Common Shares Outstanding	145.27	36.32	25.08	20.9	20.9	20.9
Working Capital	27.22	16.19	20.12	27	29.96	23.9
Book Value Per Share	0.35	1.06	1.29	1.35	1.68	1.85
Tangible Book Value	39.33	26.91	18.82	28.18	35.14	38.61
Tangible Book Value Per Share	0.27	0.74	0.75	1.35	1.68	1.85
Land	-	-	-	-	-	8.18
Machinery	-	2.7	2.64	2.62	3.68	2.56
Leasehold Improvements	-	10.12	8.89	8.3	8.21	8.17

Source: S&P Global Market Intelligence. Standard template. Financial Sources.