ATA Creativity Global (AACG)

ATA Creativity Global 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	39.39	60.17	54.98	71.34	112.72	154.2
Cash & Short-Term Investments	39.39	60.17	54.98	71.34	112.72	154.2
Cash Growth	-39.87%	9.43%	-22.93%	-36.71%	-26.90%	-19.09%
Accounts Receivable	1.15	2.24	5.85	0.94	2.25	0.21
Other Receivables	-	1.65	0.02	0.13	0.03	13.29
Receivables	1.15	3.89	5.87	1.07	2.27	17.63
Prepaid Expenses	19.73	0.75	0.66	0.39	-	-
Other Current Assets	-	5.64	3.76	2.61	5.94	11.73
Total Current Assets	60.27	70.44	65.26	75.41	120.94	183.56
Property, Plant & Equipment	79.87	53.63	70.38	78.92	79.9	82.86
Long-Term Investments	38	38	38	38	44	45.73
Goodwill	196.29	196.29	196.29	194.75	194.75	200.48
Other Intangible Assets	50.67	58.89	76.12	93.35	110.59	135.6
Long-Term Deferred Tax Assets	-	-	-	-	2.49	11.46
Other Long-Term Assets	34.34	31.69	28.42	26.74	22.95	16.4
Total Assets	459.45	448.94	474.46	507.18	575.62	676.09
Accrued Expenses	51.06	21	26.45	24.76	23.71	28.74
Short-Term Debt	-	-	-	-	6.8	4.99
Current Portion of Leases	19.65	13.11	16.92	17.35	16.97	20.56
Current Income Taxes Payable	-	0	0.01	0.02	0.11	0.68
Current Unearned Revenue	300.27	252.15	219.72	202.45	199.45	171.88
Other Current Liabilities	-	28.14	29.44	23.4	27.84	37.97
Total Current Liabilities	370.99	314.4	292.54	267.98	274.88	264.82
Long-Term Leases	19.99	9.5	19.53	23.37	24.01	12.5
Long-Term Deferred Tax Liabilities	2.24	12.07	18.88	24.93	28.99	48.24
Total Liabilities	393.23	335.97	330.95	316.28	327.87	325.56
Common Stock	4.73	4.73	4.72	4.72	4.72	4.69
Additional Paid-In Capital	547.87	545.22	542.06	540.58	541.27	560.81
Retained Earnings	-441.05	-391.71	-358.05	-310.16	-298.53	-200.15
Treasury Stock	-8.2	-8.2	-8.63	-9.82	-11.63	-27.74
Comprehensive Income & Other	-37.07	-37	-37	-37.56	-37.42	-37.48
Total Common Equity	66.29	113.04	143.1	187.77	198.4	300.14
Minority Interest	-0.06	-0.06	0.41	3.13	49.34	50.39
Shareholders' Equity	66.22	112.97	143.51	190.9	247.75	350.53
Total Liabilities & Equity	459.45	448.94	474.46	507.18	575.62	676.09
Total Debt	39.65	22.61	36.45	40.72	47.78	38.05
Net Cash (Debt)	-0.25	37.56	18.53	30.62	64.94	116.15
Net Cash Growth	-	102.69%	-39.48%	-52.85%	-44.09%	-39.06%
Net Cash Per Share	-0.01	1.20	0.59	0.98	2.07	4.56
Filing Date Shares Outstanding	31.5	31.46	31.44	31.5	31.11	30.91
Total Common Shares Outstanding	31.5	31.46	31.47	31.55	31.43	31.18
Working Capital	-310.72	-243.96	-227.28	-192.57	-153.94	-81.26
Book Value Per Share	2.10	3.59	4.55	5.95	6.31	9.63
Tangible Book Value	-180.67	-142.14	-129.31	-100.34	-106.94	-35.94
Tangible Book Value Per Share	-5.74	-4.52	-4.11	-3.18	-3.40	-1.15
Buildings	-	53.05	53.05	53.05	-	-
Machinery	-	5.89	5.93	6.07	7.71	7.37
Leasehold Improvements	-	5.56	8.48	8.61	17.84	14.42

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