Offcn Education Technology Co., Ltd. (SHE:002607)

SHE:002607 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	104.26	293.04	378.48	385.33	1,970	5,950
Short-Term Investments	-	-	-	-	217.16	2,288
Trading Asset Securities	0.01	2.61	-	-	346.73	983.21
Cash & Short-Term Investments	104.27	295.65	378.48	385.33	2,534	9,222
Cash Growth	-52.73%	-21.88%	-1.78%	-84.80%	-72.52%	105.90%
Accounts Receivable	19.22	27.55	32.32	37.32	40.37	21.49
Other Receivables	202.57	235.46	81.2	193.62	-	-
Receivables	221.79	263.01	113.52	230.94	40.37	21.49
Inventory	4.69	-	-	-	-	-
Prepaid Expenses	-	-	-	4.32	10.26	-
Other Current Assets	41.89	2.06	3.51	0.8	30.48	179.26
Total Current Assets	372.63	560.71	495.51	621.39	2,615	9,423
Property, Plant & Equipment	2,095	2,299	2,707	3,406	3,407	1,827
Long-Term Investments	127.36	127.54	201.24	197.22	215.37	862.05
Goodwill	99.87	99.87	99.87	99.87	99.87	99.87
Other Intangible Assets	831.35	983.64	1,053	1,162	866.63	426.35
Long-Term Deferred Tax Assets	399.34	429	533.21	602.28	424.03	21.61
Long-Term Deferred Charges	56.77	106.36	178.58	285.13	369.13	-
Other Long-Term Assets	2,002	1,904	1,871	1,653	2,307	1,759
Total Assets	5,984	6,510	7,140	8,027	10,305	14,419
Accounts Payable	181.52	197.89	234.03	287.09	282.03	211.82
Accrued Expenses	294.41	561.72	289.65	683.91	487.07	651.67
Short-Term Debt	2.5	450.21	1,016	959.24	3,153	3,976
Current Portion of Long-Term Debt	-	654.82	17.69	-	-	-
Current Portion of Leases	-	385.62	629.63	578.82	531.88	-
Current Income Taxes Payable	91.32	3.04	2.83	2.16	7.2	119.25
Current Unearned Revenue	1,865	1,873	2,953	3,950	3,064	4,925
Other Current Liabilities	1,911	790.08	157.47	189.39	162.15	154.88
Total Current Liabilities	4,346	4,917	5,301	6,650	7,687	10,039
Long-Term Debt	571	558.93	931.03	-	-	-
Long-Term Leases	85.8	141.34	247.2	508.75	635.69	-
Long-Term Deferred Tax Liabilities	93.79	89.07	93.28	88.42	93.71	104.68
Other Long-Term Liabilities	70.65	79.43	-	-	-	-
Total Liabilities	5,167	5,786	6,573	7,248	8,416	10,144
Common Stock	103.81	103.81	103.81	103.81	103.81	103.81
Additional Paid-In Capital	1,225	1,225	1,225	1,225	1,225	1,225
Retained Earnings	-485.67	-577.64	-765.22	-555.79	546.33	2,916
Comprehensive Income & Other	-27.21	-27.21	3.08	6.38	13.2	30
Total Common Equity	816.36	724.4	567.1	779.87	1,889	4,275
Minority Interest	0.14	0.14	-	-0.04	-0.04	-0.03
Shareholders' Equity	816.5	724.54	567.1	779.83	1,889	4,275
Total Liabilities & Equity	5,984	6,510	7,140	8,027	10,305	14,419
Total Debt	659.3	2,191	2,842	2,047	4,321	3,976
Net Cash (Debt)	-555.02	-1,895	-2,463	-1,661	-1,786	5,246
Net Cash Growth	-	-	-	-	-	225.44%
Net Cash Per Share	-0.06	-0.31	-0.35	-0.27	-0.29	0.84
Filing Date Shares Outstanding	15,233	6,167	6,167	6,167	6,167	6,167
Total Common Shares Outstanding	15,233	6,167	6,167	6,167	6,167	6,167
Working Capital	-3,973	-4,356	-4,806	-6,029	-5,072	-616.41
Book Value Per Share	0.05	0.12	0.09	0.13	0.31	0.69
Tangible Book Value	-114.85	-359.11	-585.98	-482.26	922.32	3,749
Tangible Book Value Per Share	-0.01	-0.06	-0.10	-0.08	0.15	0.61
Buildings	-	1,929	1,962	2,168	1,798	1,555
Machinery	-	298.25	314.37	327.45	327.25	313.55
Construction In Progress	-	265.91	276.73	323.27	294.79	214.25

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