TCTM Kids IT Education Inc. (TCTM)

TCTM Kids IT Education Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	82.86	220.69	198.53	423.77	320.18	537.7
Short-Term Investments	0.3	0.3	-	6.26	6.26	83.08
Cash & Short-Term Investments	83.16	220.99	198.53	430.02	326.44	620.78
Cash Growth	-77.20%	11.31%	-53.83%	31.73%	-47.42%	-9.98%
Accounts Receivable	-	-	-	48.66	32.99	31.44
Other Receivables	37.3	0.04	0.09	13.64	0.1	12.19
Receivables	37.3	0.04	0.09	82.88	53.52	68.09
Inventory	10.47	9.36	7.18	5.87	4.63	5.33
Prepaid Expenses	16.07	11.23	7.68	36.57	31.13	38.03
Restricted Cash	25.38	6.58	-	0.26	38.37	-
Other Current Assets	57.1	312.4	454.07	63.74	82.18	69.03
Total Current Assets	229.49	560.6	667.55	619.33	536.25	801.26
Property, Plant & Equipment	309.03	303.12	326.7	795.38	1,051	1,350
Long-Term Investments	41.79	41.86	46.29	46.57	67.59	68.18
Goodwill	49.42	49.42	49.42	52.78	52.78	52.78
Other Intangible Assets	4.65	5.29	7.03	9.91	13.44	17.67
Long-Term Accounts Receivable	-	-	-	0.09	0.19	0.72
Long-Term Deferred Tax Assets	7.95	28.48	18.63	41	142.22	99.79
Other Long-Term Assets	31.64	29.49	221.88	59.9	65.54	77.97
Total Assets	673.97	1,018	1,338	1,642	1,959	2,512
Accounts Payable	3.14	4.99	5.26	8.91	10.29	16.56
Accrued Expenses	89.92	89.28	124.54	287.65	269.18	232.26
Short-Term Debt	11	-	30	30	10.71	89.16
Current Portion of Leases	92.37	111.84	148.58	239.94	199.08	241.71
Current Income Taxes Payable	6.32	6.11	4.28	89	76.82	69.67
Current Unearned Revenue	1,453	1,439	1,471	2,084	1,991	1,554
Other Current Liabilities	221.25	759.96	873.4	200.45	111.93	165.54
Total Current Liabilities	1,877	2,411	2,657	2,940	2,669	2,369
Long-Term Leases	129.01	107.8	109.11	272.58	406.25	508.81
Long-Term Unearned Revenue	-	-	-	16.77	18.06	31.54
Other Long-Term Liabilities	0.27	0.43	78.12	4.77	5.08	5.4
Total Liabilities	2,006	2,520	2,844	3,234	3,099	2,915
Common Stock	0.44	0.44	0.43	0.43	0.42	0.41
Additional Paid-In Capital	1,643	1,361	1,364	1,347	1,324	1,285
Retained Earnings	-2,543	-2,428	-2,437	-2,520	-2,046	-1,279
Treasury Stock	-486.64	-479.35	-476.92	-459.82	-459.82	-457.17
Comprehensive Income & Other	54.44	48.22	49.66	48.7	49.12	51.39
Total Common Equity	-1,331	-1,498	-1,500	-1,584	-1,132	-400.05
Minority Interest	-0.46	-3.57	-6.79	-8.5	-7.27	-3.02
Shareholders' Equity	-1,332	-1,501	-1,507	-1,592	-1,139	-403.06
Total Liabilities & Equity	673.97	1,018	1,338	1,642	1,959	2,512
Total Debt	232.38	219.64	287.69	542.51	616.04	839.68
Net Cash (Debt)	-149.22	1.35	-89.17	-112.49	-289.61	-218.9
Net Cash Per Share	-14.33	0.12	-7.72	-10.00	-26.65	-20.50
Filing Date Shares Outstanding	9.92	9.83	10.76	11.07	11.13	10.84
Total Common Shares Outstanding	9.92	10.79	10.75	11.32	11.11	10.78
Working Capital	-1,647	-1,851	-1,989	-2,321	-2,133	-1,568
Book Value Per Share	-134.23	-138.78	-139.46	-139.92	-101.89	-37.10
Tangible Book Value	-1,385	-1,552	-1,556	-1,647	-1,198	-470.5
Tangible Book Value Per Share	-139.68	-143.85	-144.71	-145.46	-107.85	-43.63
Buildings	-	-	-	169.76	285.87	285.87
Machinery	180.73	182.54	180.59	436.62	457.94	528.06
Leasehold Improvements	71.95	80.78	134.78	247.65	243.41	242.12

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