Wah Fu Education Group Limited (WAFU)

Wah Fu Education Group Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	11.05	11.05	12.57	11.76	12.05	6.83
Cash & Short-Term Investments	11.05	11.05	12.57	11.76	12.05	6.83
Cash Growth	-12.11%	-12.11%	6.83%	-2.41%	76.39%	73.99%
Accounts Receivable	1.04	1.04	0.79	1.71	1.92	0.54
Other Receivables	0.19	0.19	0.25	0.32	0.22	0.14
Receivables	3.53	3.53	3.36	4.35	2.84	3.27
Other Current Assets	0.1	0.1	0.07	0.09	0.14	0.15
Total Current Assets	14.67	14.67	16	16.2	15.03	10.25
Property, Plant & Equipment	0.83	0.83	0.89	0.73	1.13	1.38
Long-Term Investments	0.14	0.14	-	0.01	0.01	0.01
Other Intangible Assets	0.01	0.01	0.05	0.14	-	-
Long-Term Deferred Tax Assets	0.26	0.26	0.37	0.7	0.64	0.27
Other Long-Term Assets	0.05	0.05	0.06	0.07	0.08	0.07
Total Assets	16.16	16.16	17.54	18	16.97	12.57
Accounts Payable	0.21	0.21	0.23	0.11	-	-
Accrued Expenses	0.19	0.19	0.24	0.31	0.61	0.38
Short-Term Debt	0.32	0.32	0.32	0.32	0.3	-
Current Portion of Leases	0.26	0.26	0.21	0.14	0.26	0.25
Current Income Taxes Payable	0.95	0.95	1.05	0.94	0.63	0.27
Current Unearned Revenue	1.82	1.82	2.11	3.98	4.14	1.52
Other Current Liabilities	0.18	0.18	0.14	0.2	0.12	0.48
Total Current Liabilities	3.92	3.92	4.31	5.99	6.06	2.9
Long-Term Leases	0.07	0.07	0.2	0.01	0.11	0.36
Total Liabilities	4	4	4.51	5.99	6.16	3.27
Common Stock	0.04	0.04	0.04	0.04	0.04	0.04
Additional Paid-In Capital	5.12	5.12	5.12	4.8	4.8	4.8
Retained Earnings	7.23	7.23	7.29	6.38	5.64	4.96
Comprehensive Income & Other	-1.25	-1.25	-0.75	-0	-0.28	-0.73
Total Common Equity	11.15	11.15	11.7	11.22	10.2	9.06
Minority Interest	1.01	1.01	1.33	0.79	0.61	0.23
Shareholders' Equity	12.16	12.16	13.03	12.01	10.81	9.3
Total Liabilities & Equity	16.16	16.16	17.54	18	16.97	12.57
Total Debt	0.65	0.65	0.73	0.46	0.66	0.62
Net Cash (Debt)	10.4	10.4	11.84	11.31	11.39	6.22
Net Cash Growth	-12.18%	-12.18%	4.72%	-0.77%	83.24%	58.31%
Net Cash Per Share	2.35	2.35	2.67	2.55	2.60	1.45
Filing Date Shares Outstanding	4.41	4.41	4.41	4.44	4.44	4.38
Total Common Shares Outstanding	4.41	4.41	4.44	4.44	4.38	4.38
Working Capital	10.75	10.75	11.69	10.21	8.97	7.35
Book Value Per Share	2.53	2.53	2.64	2.53	2.33	2.07
Tangible Book Value	11.14	11.14	11.65	11.08	10.2	9.06
Tangible Book Value Per Share	2.53	2.53	2.62	2.50	2.33	2.07
Buildings	-	-	-	-	0.51	0.47
Machinery	-	-	-	-	0.58	0.51
Leasehold Improvements	-	-	-	-	0.13	0.08

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