Qtone Education Group (Guangdong) Co.,Ltd (SHE:300359)

SHE:300359 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	326.43	379.8	443.81	524.95	507.68	526.61
Short-Term Investments	-	-	-	32	4	4.9
Trading Asset Securities	50.17	42.83	69.2	39.33	61.24	66.5
Cash & Short-Term Investments	376.61	422.63	513.01	596.28	572.93	598.01
Cash Growth	-15.14%	-17.62%	-13.96%	4.08%	-4.20%	21.81%
Accounts Receivable	228.37	230.65	258.38	238.59	273.85	236.6
Other Receivables	55.13	60.35	75.48	96.75	25.1	30.63
Receivables	283.5	291	333.86	335.33	298.94	267.23
Inventory	12.15	6.42	15.82	11.06	11.69	7.69
Other Current Assets	11.36	5.62	6.17	10.47	5.79	14.62
Total Current Assets	683.62	725.66	868.86	953.13	889.34	887.55
Property, Plant & Equipment	30.37	33.26	33.91	44.34	57.54	35.17
Long-Term Investments	79.46	90.38	80.24	68.59	110.75	108.22
Goodwill	1.03	1.03	23.36	35.94	97.75	123.57
Other Intangible Assets	18.35	19.15	30.49	43.75	110.65	117.91
Long-Term Deferred Tax Assets	3.99	3.26	11.75	11.62	38.73	49.06
Long-Term Deferred Charges	3.33	3.78	4.23	7.75	7.21	6.27
Other Long-Term Assets	6.39	-	-	1.73	0.44	14.32
Total Assets	826.54	876.51	1,053	1,167	1,312	1,342
Accounts Payable	59.67	71.45	76.66	92.19	103.97	80.21
Accrued Expenses	13.48	36.37	44.42	46.02	46.7	39.81
Short-Term Debt	-	-	0.05	40.01	145.21	198.11
Current Portion of Leases	10.75	9.22	7.26	11.92	8.42	-
Current Income Taxes Payable	11.34	1.99	5.09	6.32	9.83	5.58
Current Unearned Revenue	41.08	36.78	72.97	124.92	118.93	135.03
Other Current Liabilities	13.51	17.45	19.98	14.77	36.57	61.64
Total Current Liabilities	149.83	173.27	226.43	336.15	469.62	520.39
Long-Term Leases	5.56	9.14	5.78	9.68	19.21	-
Long-Term Unearned Revenue	5.08	5.29	6.16	7.02	28.89	29.75
Long-Term Deferred Tax Liabilities	0.29	0.29	0.92	1.17	0.93	1.1
Other Long-Term Liabilities	-	-	1.29	6.17	0.29	4.15
Total Liabilities	160.76	188	240.58	360.19	518.94	555.39
Common Stock	633.33	633.33	633.33	633.33	633.66	634.1
Additional Paid-In Capital	976.64	976.64	979.08	979.19	981.74	1,000
Retained Earnings	-1,026	-1,007	-903.64	-910.09	-923.27	-954
Treasury Stock	-	-	-	-	-2.64	-4.4
Comprehensive Income & Other	-8.82	-8.82	-7.68	1.06	-	-
Total Common Equity	575.5	594.56	701.1	703.49	689.5	675.74
Minority Interest	90.29	93.96	111.17	103.17	103.99	110.94
Shareholders' Equity	665.78	688.52	812.27	806.66	793.48	786.68
Total Liabilities & Equity	826.54	876.51	1,053	1,167	1,312	1,342
Total Debt	16.31	18.37	13.09	61.61	172.84	198.11
Net Cash (Debt)	360.3	404.26	499.92	534.67	400.09	399.9
Net Cash Growth	-14.62%	-19.13%	-6.50%	33.64%	0.05%	114.83%
Net Cash Per Share	0.52	0.62	0.78	0.85	0.44	0.64
Filing Date Shares Outstanding	633.33	633.33	633.33	633.33	633.66	634.1
Total Common Shares Outstanding	633.33	633.33	633.33	633.33	633.66	634.1
Working Capital	533.78	552.4	642.43	616.99	419.72	367.16
Book Value Per Share	0.91	0.94	1.11	1.11	1.09	1.07
Tangible Book Value	556.11	574.38	647.24	623.81	481.09	434.26
Tangible Book Value Per Share	0.88	0.91	1.02	0.98	0.76	0.68
Machinery	-	79.16	108.18	111.9	143.21	138.38
Construction In Progress	-	0.33	1.08	0.13	0.18	0.43

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.