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	Aug 31, 2024	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Cash & Equivalents	493.38	493.38	410.09	664.77	844.68	972.8
Short-Term Investments	14.66	14.66	15.31	11.95	11.66	29.12
Cash & Short-Term Investments	508.04	508.04	425.4	676.72	856.34	1,002
Cash Growth	19.43%	19.43%	-37.14%	-20.98%	-14.53%	-71.38%
Accounts Receivable	18.79	18.79	13.8	18.08	41.72	14.79
Other Receivables	49.24	49.24	25.91	18.59	2,054	1,921
Receivables	90.22	90.22	225.08	222.04	2,097	1,936
Inventory	1.16	1.16	1.18	6.87	7.58	5.99
Prepaid Expenses	0.67	0.67	2.39	10.04	7.73	6.44
Restricted Cash	12.17	12.17	9.52	191.37	669.03	1,038
Other Current Assets	51.52	51.52	263.83	94.7	50.44	3,129
Total Current Assets	663.77	663.77	927.4	1,202	3,688	7,117
Property, Plant & Equipment	1,769	1,769	1,880	1,847	2,213	2,374
Long-Term Investments	24.42	24.42	32.73	40.49	75.44	55.14
Goodwill	527.3	527.3	1,111	1,434	1,950	2,053
Other Intangible Assets	49.6	49.6	310.02	322.9	485.82	504.52
Long-Term Deferred Tax Assets	1.92	1.92	1.64	85.1	64.1	32.91
Other Long-Term Assets	9.68	9.68	356.9	21.89	75.64	1,103
Total Assets	3,045	3,045	4,620	4,953	8,552	13,489
Accounts Payable	92.63	92.63	95.29	103.07	77.74	71.78
Accrued Expenses	120.78	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	106.33	106.33	104.91	104.52	123	196.13
Current Income Taxes Payable	78.99	78.99	88.46	85.86	178.21	93.31
Current Unearned Revenue	445.72	445.72	428.62	516.73	427.13	388.15
Other Current Liabilities	157.89	157.89	604.17	451.7	518.79	4,285
Total Current Liabilities	1,002	1,002	1,480	1,583	4,031	6,111
Long-Term Debt	-	-	-	0.63	0.62	2,018
Long-Term Leases	1,405	1,405	1,461	1,439	1,673	1,663
Long-Term Unearned Revenue	0.87	0.87	0.97	2.2	1.42	1.77
Long-Term Deferred Tax Liabilities	31.17	31.17	34.76	21.71	26.74	31.19
Other Long-Term Liabilities	-	-	70.47	11.2	13.15	540.2
Total Liabilities	2,439	2,439	3,048	3,058	5,745	10,365
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,783	1,783	1,697	1,693	1,727	1,854
Retained Earnings	-1,458	-1,458	-453	-57.87	651.48	698.29
Comprehensive Income & Other	191.4	191.4	172.23	34.4	168.32	185.37
Total Common Equity	516.81	516.81	1,417	1,670	2,547	2,738
Minority Interest	89.3	89.3	155.05	225.64	260.05	386.45
Shareholders' Equity	606.11	606.11	1,572	1,896	2,807	3,124
Total Liabilities & Equity	3,045	3,045	4,620	4,953	8,552	13,489
Total Debt	1,511	1,511	1,566	1,694	4,386	4,808
Net Cash (Debt)	-1,003	-1,003	-1,141	-1,017	-3,530	-3,806
Net Cash Per Share	-33.82	-33.82	-38.45	-34.27	-118.43	-126.69
Filing Date Shares Outstanding	29.73	29.73	29.73	29.73	29.8	29.85
Total Common Shares Outstanding	29.67	29.67	29.73	29.67	29.73	29.87
Working Capital	-338.55	-338.55	-553	-380.88	-342.72	1,006
Book Value Per Share	17.42	17.42	47.66	56.29	85.66	91.65
Tangible Book Value	-60.08	-60.08	-4.22	-86.91	110.82	180.69
Tangible Book Value Per Share	-2.03	-2.03	-0.14	-2.93	3.73	6.05
Buildings	298.16	298.16	323.31	254.43	298.26	306.06
Machinery	204.05	204.05	192.18	245.91	236.33	219.57
Construction In Progress	10.77	10.77	7.42	22.45	34.52	24.62
Leasehold Improvements	276.91	276.91	270.05	336.45	362.34	324.66

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