First High-School Education Group Co., Ltd. (FHSEY)

FHSEY Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	58.21	189.24	105.25	114.2	111.98	153.42
Cash & Short-Term Investments	58.21	189.24	105.25	114.2	111.98	153.42
Cash Growth	-18.93%	79.80%	-7.83%	1.98%	-27.01%	155.08%
Accounts Receivable	79.16	82.2	87.25	28.35	30.78	7.69
Other Receivables	-	10.34	45.45	-	80.46	84.75
Receivables	79.16	92.55	132.7	28.35	111.24	92.44
Inventory	-	0.08	1.52	1.63	1.47	3.21
Prepaid Expenses	223.33	3.76	1.1	3.76	2.72	5.86
Restricted Cash	-	-	-	-	59.6	-
Other Current Assets	252.92	485.87	235.9	233.38	86.16	10.21
Total Current Assets	613.62	771.5	476.48	381.31	373.17	265.13
Property, Plant & Equipment	112.72	119.81	127.96	133.87	127	136.43
Goodwill	30.35	30.35	30.35	30.35	40.22	40.22
Other Intangible Assets	7.1	7.25	5.86	5.92	48.98	50.71
Long-Term Deferred Tax Assets	20.29	20.29	12.76	14.74	13.68	6.57
Other Long-Term Assets	42.94	42.43	59.07	251.6	34.43	3.81
Total Assets	827.02	991.62	712.48	820.67	637.48	515.36
Accounts Payable	12.92	21.51	13.81	3.14	8.06	11.21
Accrued Expenses	432.33	239.27	98.11	44.68	120.47	77.59
Short-Term Debt	31.64	87.97	33.57	43.22	46.64	10.46
Current Portion of Leases	-	-	20.54	40.08	64.14	14.58
Current Income Taxes Payable	30.25	29.68	29.46	20.73	15.2	6.06
Current Unearned Revenue	42.59	227.36	141.57	141.91	177.96	189.09
Other Current Liabilities	104.65	224.19	112.96	218.29	229.25	102.9
Total Current Liabilities	654.36	829.97	450.03	512.05	661.72	411.88
Long-Term Leases	-	-	24.99	44.18	28.64	7.45
Long-Term Unearned Revenue	-0.28	-	-	-	12.37	9.81
Long-Term Deferred Tax Liabilities	6.21	6.21	5.16	2.19	13.34	12.32
Other Long-Term Liabilities	0	0	1.65	31.9	16.88	3.69
Total Liabilities	660.3	836.18	481.82	590.31	732.95	445.15
Common Stock	0.01	0.01	0.01	0.01	-	-
Additional Paid-In Capital	357.16	356.62	357.69	389.2	64.13	221.79
Retained Earnings	-202.28	-206	-129.89	-158.65	-159.93	-151.67
Comprehensive Income & Other	2.91	2.84	2.43	0.46	0.14	-
Total Common Equity	157.79	153.47	230.23	231.01	-95.66	70.12
Minority Interest	8.93	1.98	0.43	-0.65	0.19	0.09
Shareholders' Equity	166.73	155.45	230.66	230.36	-95.47	70.21
Total Liabilities & Equity	827.02	991.62	712.48	820.67	637.48	515.36
Total Debt	31.64	87.97	79.1	127.48	139.42	32.49
Net Cash (Debt)	26.57	101.27	26.15	-13.28	-27.44	120.92
Net Cash Growth	-	287.22%	-	-	-	142.58%
Net Cash Per Share	0.92	3.50	0.85	-0.46	-1.17	5.15
Filing Date Shares Outstanding	28.95	28.95	28.95	28.95	28.95	23.5
Total Common Shares Outstanding	28.95	28.95	28.95	28.95	23.5	23.5
Working Capital	-40.74	-58.47	26.45	-130.73	-288.55	-146.75
Book Value Per Share	5.45	5.30	7.95	7.98	-4.07	2.98
Tangible Book Value	120.34	115.87	194.03	194.75	-184.85	-20.8
Tangible Book Value Per Share	4.16	4.00	6.70	6.73	-7.87	-0.89
Buildings	-	119.31	96.82	91.39	94	93.23
Machinery	-	53.27	46.41	46.59	36.54	35.24
Construction In Progress	-	-	-	3.21	3.21	-
Leasehold Improvements	-	12.5	38.19	40.8	35.6	34.56

Source: S&P Capital IQ. Standard template. Financial Sources.