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	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	220.69	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	220.99	220.99	198.53	430.02	326.44	620.78
Cash Growth	-35.34%	11.31%	-53.83%	31.73%	-47.42%	-9.98%
Accounts Receivable	-	-	-	48.66	32.99	31.44
Other Receivables	0.04	0.04	0.09	13.64	0.1	12.19
Receivables	0.04	0.04	0.09	82.88	53.52	68.09
Inventory	9.36	9.36	7.18	5.87	4.63	5.33
Prepaid Expenses	11.23	11.23	7.68	36.57	31.13	38.03
Restricted Cash	6.58	6.58	-	0.26	38.37	-
Other Current Assets	312.4	312.4	454.07	63.74	82.18	69.03
Total Current Assets	560.6	560.6	667.55	619.33	536.25	801.26
Property, Plant & Equipment	303.12	303.12	326.7	795.38	1,051	1,350
Long-Term Investments	41.86	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	5.29	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	28.48	28.48	18.63	41	142.22	99.79
Other Long-Term Assets	29.49	29.49	221.88	59.9	65.54	77.97
Total Assets	1,018	1,018	1,338	1,642	1,959	2,512
Accounts Payable	4.99	4.99	5.26	8.91	10.29	16.56
Accrued Expenses	89.28	89.28	124.54	287.65	269.18	232.26
Short-Term Debt	-	-	30	30	10.71	89.16
Current Portion of Leases	111.84	111.84	148.58	239.94	199.08	241.71
Current Income Taxes Payable	6.11	6.11	4.28	89	76.82	69.67
Current Unearned Revenue	1,439	1,439	1,471	2,084	1,991	1,554
Other Current Liabilities	759.96	759.96	873.4	200.45	111.93	165.54
Total Current Liabilities	2,411	2,411	2,657	2,940	2,669	2,369
Long-Term Leases	107.8	107.8	109.11	272.58	406.25	508.81
Long-Term Unearned Revenue	-	-	-	16.77	18.06	31.54
Other Long-Term Liabilities	0.43	0.43	78.12	4.77	5.08	5.4
Total Liabilities	2,520	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	1,361	1,361	1,364	1,347	1,324	1,285
Retained Earnings	-2,428	-2,428	-2,437	-2,520	-2,046	-1,279
Treasury Stock	-479.35	-479.35	-476.92	-459.82	-459.82	-457.17
Comprehensive Income & Other	48.22	48.22	49.66	48.7	49.12	51.39
Total Common Equity	-1,498	-1,498	-1,500	-1,584	-1,132	-400.05
Minority Interest	-3.57	-3.57	-6.79	-8.5	-7.27	-3.02
Shareholders' Equity	-1,501	-1,501	-1,507	-1,592	-1,139	-403.06
Total Liabilities & Equity	1,018	1,018	1,338	1,642	1,959	2,512
Total Debt	219.64	219.64	287.69	542.51	616.04	839.68
Net Cash (Debt)	1.35	1.35	-89.17	-112.49	-289.61	-218.9
Net Cash Per Share	0.12	0.12	-7.72	-10.00	-26.65	-20.50
Filing Date Shares Outstanding	9.83	9.83	10.76	11.07	11.13	10.84
Total Common Shares Outstanding	10.79	10.79	10.75	11.32	11.11	10.78
Working Capital	-1,851	-1,851	-1,989	-2,321	-2,133	-1,568
Book Value Per Share	-138.78	-138.78	-139.46	-139.92	-101.89	-37.10
Tangible Book Value	-1,552	-1,552	-1,556	-1,647	-1,198	-470.5
Tangible Book Value Per Share	-143.85	-143.85	-144.71	-145.46	-107.85	-43.63
Buildings	-	-	-	169.76	285.87	285.87
Machinery	182.54	182.54	180.59	436.62	457.94	528.06
Leasehold Improvements	80.78	80.78	134.78	247.65	243.41	242.12

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