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	Aug 31, 2024	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021	Feb 29, 2020
Cash & Equivalents	156.06	180.2	175.7	262.43	378.36	404.65
Short-Term Investments	77.07	115.84	316.17	246	127.56	191.82
Cash & Short-Term Investments	233.13	296.04	491.87	508.43	505.92	596.47
Cash Growth	-	-39.81%	-3.26%	0.50%	-15.18%	26.29%
Accounts Receivable	5.54	3.25	0.89	2.04	0.36	1.26
Other Receivables	36.49	22.71	17.85	14.93	10.57	18.48
Receivables	42.04	26.54	19.32	17.55	10.93	19.75
Total Current Assets	275.17	322.58	511.19	525.98	516.84	616.22
Property, Plant & Equipment	160.24	93.3	43.36	44.13	166.5	209.82
Long-Term Investments	208.39	130.82	41.08	14	200.09	105.71
Goodwill	1.13	1.13	-	-	36.97	35.16
Other Intangible Assets	1.65	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	126.09	124.48	2.33	14.29	23.43	48.49
Total Assets	772.65	674.16	601.04	602.53	967.19	1,038
Accrued Expenses	132.86	53.12	51.93	58.07	60.94	41.6
Short-Term Debt	-	0.5	0.28	0.72	1.39	1.29
Current Portion of Leases	6.14	1.18	2.53	3.19	52.67	51.84
Current Income Taxes Payable	19.12	18.19	17.17	14.72	10.63	12.79
Current Unearned Revenue	25.69	18.02	7.27	6.49	75.24	71.95
Other Current Liabilities	6.46	15.8	8.2	10.38	26.11	33.55
Total Current Liabilities	193.15	106.82	87.38	93.57	226.99	213.02
Long-Term Debt	68	40	-	-	-	-
Long-Term Leases	6.91	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	268.06	148.02	89.15	100.04	320.81	362.66
Common Stock	504.59	0.01	0.01	0.01	0.02	0.02
Additional Paid-In Capital	-	783.31	780.19	777.02	768.15	742.64
Retained Earnings	-	-277.34	-282.3	-252.63	-138.29	-110.09
Treasury Stock	-	-56.09	-55.93	-55.69	-27.9	-27.9
Comprehensive Income & Other	-	25.11	15.76	-22.77	-13.29	26.09
Total Common Equity	504.59	475	457.73	445.94	588.69	630.75
Minority Interest	-	51.14	54.16	56.55	57.7	44.2
Shareholders' Equity	504.59	526.14	511.89	502.49	646.39	674.95
Total Liabilities & Equity	772.65	674.16	601.04	602.53	967.19	1,038
Total Debt	81.05	42.88	4.01	9.65	146.21	200.64
Net Cash (Debt)	152.08	253.16	487.86	498.78	359.71	395.83
Net Cash Growth	-	-48.11%	-2.19%	38.66%	-9.13%	-16.14%
Net Cash Per Share	64.34	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	82.01	215.76	423.81	432.41	289.85	403.2
Book Value Per Share	238.13	224.45	216.02	209.97	254.50	272.68
Tangible Book Value	501.82	472.02	455.26	442.68	544.6	586.82
Tangible Book Value Per Share	236.82	223.04	214.85	208.43	235.44	253.69
Machinery	-	7.4	8.27	6.47	15.17	15.73
Construction In Progress	-	63.86	7.9	5.1	0.73	0.13
Leasehold Improvements	-	5.5	7.33	5.28	41.03	41.97

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