Four Seasons Education (Cayman) Inc. (FEDU)

Four Seasons Education Balance Sheet

Financials in millions CNY. Fiscal year is March - February.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb 29, 2024	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021	Feb 29, 2020
Cash & Equivalents	180.2	180.2	175.7	262.43	378.36	404.65
Short-Term Investments	115.84	115.84	316.17	246	127.56	191.82
Cash & Short-Term Investments	296.04	296.04	491.87	508.43	505.92	596.47
Cash Growth	-39.81%	-39.81%	-3.26%	0.50%	-15.18%	26.29%
Accounts Receivable	3.25	3.25	0.89	2.04	0.36	1.26
Other Receivables	22.71	22.71	17.85	14.93	10.57	18.48
Receivables	26.54	26.54	19.32	17.55	10.93	19.75
Total Current Assets	322.58	322.58	511.19	525.98	516.84	616.22
Property, Plant & Equipment	93.3	93.3	43.36	44.13	166.5	209.82
Long-Term Investments	130.82	130.82	41.08	14	200.09	105.71
Goodwill	1.13	1.13	-	-	36.97	35.16
Other Intangible Assets	1.86	1.86	2.48	3.27	7.12	8.77
Long-Term Deferred Tax Assets	-	-	0.6	0.87	16.25	13.45
Other Long-Term Assets	124.48	124.48	2.33	14.29	23.43	48.49
Total Assets	674.16	674.16	601.04	602.53	967.19	1,038
Accrued Expenses	53.12	53.12	51.93	58.07	60.94	41.6
Short-Term Debt	0.5	0.5	0.28	0.72	1.39	1.29
Current Portion of Leases	1.18	1.18	2.53	3.19	52.67	51.84
Current Income Taxes Payable	18.19	18.19	17.17	14.72	10.63	12.79
Current Unearned Revenue	18.02	18.02	7.27	6.49	75.24	71.95
Other Current Liabilities	15.8	15.8	8.2	10.38	26.11	33.55
Total Current Liabilities	106.82	106.82	87.38	93.57	226.99	213.02
Long-Term Debt	40	40	-	-	-	-
Long-Term Leases	1.2	1.2	1.2	5.74	92.14	147.51
Long-Term Deferred Tax Liabilities	-	-	0.58	0.73	1.67	2.14
Total Liabilities	148.02	148.02	89.15	100.04	320.81	362.66
Common Stock	0.01	0.01	0.01	0.01	0.02	0.02
Additional Paid-In Capital	783.31	783.31	780.19	777.02	768.15	742.64
Retained Earnings	-277.34	-277.34	-282.3	-252.63	-138.29	-110.09
Treasury Stock	-56.09	-56.09	-55.93	-55.69	-27.9	-27.9
Comprehensive Income & Other	25.11	25.11	15.76	-22.77	-13.29	26.09
Total Common Equity	475	475	457.73	445.94	588.69	630.75
Minority Interest	51.14	51.14	54.16	56.55	57.7	44.2
Shareholders' Equity	526.14	526.14	511.89	502.49	646.39	674.95
Total Liabilities & Equity	674.16	674.16	601.04	602.53	967.19	1,038
Total Debt	42.88	42.88	4.01	9.65	146.21	200.64
Net Cash (Debt)	253.16	253.16	487.86	498.78	359.71	395.83
Net Cash Growth	-48.11%	-48.11%	-2.19%	38.66%	-9.13%	-16.14%
Net Cash Per Share	107.20	107.20	229.75	221.77	155.51	167.24
Filing Date Shares Outstanding	2.12	2.12	2.12	2.12	2.31	2.31
Total Common Shares Outstanding	2.12	2.12	2.12	2.12	2.31	2.31
Working Capital	215.76	215.76	423.81	432.41	289.85	403.2
Book Value Per Share	224.45	224.45	216.02	209.97	254.50	272.68
Tangible Book Value	472.02	472.02	455.26	442.68	544.6	586.82
Tangible Book Value Per Share	223.04	223.04	214.85	208.43	235.44	253.69
Machinery	7.4	7.4	8.27	6.47	15.17	15.73
Construction In Progress	63.86	63.86	7.9	5.1	0.73	0.13
Leasehold Improvements	5.5	5.5	7.33	5.28	41.03	41.97

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