Bright Scholar Education Holdings Limited (BEDU)

BEDU Balance Sheet

Financials in millions CNY. Fiscal year is September - August.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 30, 2024	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Cash & Equivalents	52.99	493.38	410.09	664.77	844.68	972.8
Short-Term Investments	-	14.66	15.31	11.95	11.66	29.12
Cash & Short-Term Investments	52.99	508.04	425.4	676.72	856.34	1,002
Cash Growth	-89.46%	19.43%	-37.14%	-20.98%	-14.53%	-71.38%
Accounts Receivable	2.02	18.79	13.8	18.08	41.72	14.79
Other Receivables	14.85	49.24	25.91	18.59	2,054	1,921
Receivables	16.87	90.22	225.08	222.04	2,097	1,936
Inventory	0.13	1.16	1.18	6.87	7.58	5.99
Prepaid Expenses	-	0.67	2.39	10.04	7.73	6.44
Restricted Cash	1.31	12.17	9.52	191.37	669.03	1,038
Other Current Assets	-	51.52	263.83	94.7	50.44	3,129
Total Current Assets	71.29	663.77	927.4	1,202	3,688	7,117
Property, Plant & Equipment	189.97	1,769	1,880	1,847	2,213	2,374
Long-Term Investments	2.62	24.42	32.73	40.49	75.44	55.14
Goodwill	56.63	527.3	1,111	1,434	1,950	2,053
Other Intangible Assets	5.33	49.6	310.02	322.9	485.82	504.52
Long-Term Deferred Tax Assets	0.21	1.92	1.64	85.1	64.1	32.91
Other Long-Term Assets	1.04	9.68	356.9	21.89	75.64	1,103
Total Assets	327.1	3,045	4,620	4,953	8,552	13,489
Accounts Payable	9.86	92.63	95.29	103.07	77.74	71.78
Accrued Expenses	20.54	120.78	158.96	171.5	115.83	145.65
Short-Term Debt	-	-	-	149.24	753.75	930.8
Current Portion of Long-Term Debt	-	-	-	-	1,836	-
Current Portion of Leases	11.42	106.33	104.91	104.52	123	196.13
Current Income Taxes Payable	8.48	78.99	88.46	85.86	178.21	93.31
Current Unearned Revenue	47.87	445.72	428.62	516.73	427.13	388.15
Other Current Liabilities	9.48	157.89	604.17	451.7	518.79	4,285
Total Current Liabilities	107.65	1,002	1,480	1,583	4,031	6,111
Long-Term Debt	-	-	-	0.63	0.62	2,018
Long-Term Leases	150.9	1,405	1,461	1,439	1,673	1,663
Long-Term Unearned Revenue	0.09	0.87	0.97	2.2	1.42	1.77
Long-Term Deferred Tax Liabilities	3.35	31.17	34.76	21.71	26.74	31.19
Other Long-Term Liabilities	-	-	70.47	11.2	13.15	540.2
Total Liabilities	262	2,439	3,048	3,058	5,745	10,365
Common Stock	0	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	220.9	1,783	1,697	1,693	1,727	1,854
Retained Earnings	-163.62	-1,458	-453	-57.87	651.48	698.29
Comprehensive Income & Other	-3.78	191.4	172.23	34.4	168.32	185.37
Total Common Equity	53.51	516.81	1,417	1,670	2,547	2,738
Minority Interest	11.59	89.3	155.05	225.64	260.05	386.45
Shareholders' Equity	65.1	606.11	1,572	1,896	2,807	3,124
Total Liabilities & Equity	327.1	3,045	4,620	4,953	8,552	13,489
Total Debt	162.32	1,511	1,566	1,694	4,386	4,808
Net Cash (Debt)	-109.33	-1,003	-1,141	-1,017	-3,530	-3,806
Net Cash Per Share	-3.69	-33.82	-38.45	-34.27	-118.43	-126.69
Filing Date Shares Outstanding	29.67	29.73	29.73	29.73	29.8	29.85
Total Common Shares Outstanding	29.67	29.73	29.73	29.67	29.73	29.87
Working Capital	-36.36	-338.55	-553	-380.88	-342.72	1,006
Book Value Per Share	1.80	17.39	47.66	56.29	85.66	91.65
Tangible Book Value	-8.46	-60.08	-4.22	-86.91	110.82	180.69
Tangible Book Value Per Share	-0.29	-2.02	-0.14	-2.93	3.73	6.05
Buildings	-	298.16	323.31	254.43	298.26	306.06
Machinery	-	204.05	192.18	245.91	236.33	219.57
Construction In Progress	-	10.77	7.42	22.45	34.52	24.62
Leasehold Improvements	-	276.91	270.05	336.45	362.34	324.66

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