ATA Creativity Global (AACG)

ATA Creativity Global Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	36.52	60.17	54.98	71.34	112.72
Cash & Short-Term Investments	36.52	60.17	54.98	71.34	112.72
Cash Growth	-39.30%	9.43%	-22.93%	-36.71%	-26.90%
Accounts Receivable	2.71	2.24	5.85	0.94	2.25
Other Receivables	-	1.65	0.02	0.13	0.03
Receivables	2.71	3.89	5.87	1.07	2.27
Prepaid Expenses	27.4	0.75	0.66	0.39	-
Other Current Assets	-	5.64	3.76	2.61	5.94
Total Current Assets	66.64	70.44	65.26	75.41	120.94
Property, Plant & Equipment	74.61	53.63	70.38	78.92	79.9
Long-Term Investments	38	38	38	38	44
Goodwill	196.29	196.29	196.29	194.75	194.75
Other Intangible Assets	46.24	58.89	76.12	93.35	110.59
Long-Term Deferred Tax Assets	-	-	-	-	2.49
Other Long-Term Assets	35.16	31.69	28.42	26.74	22.95
Total Assets	456.93	448.94	474.46	507.18	575.62
Accrued Expenses	56.37	21	26.45	24.76	23.71
Short-Term Debt	-	-	-	-	6.8
Current Portion of Leases	18.09	13.11	16.92	17.35	16.97
Current Income Taxes Payable	-	0	0.01	0.02	0.11
Current Unearned Revenue	280.04	252.15	219.72	202.45	199.45
Other Current Liabilities	-	28.14	29.44	23.4	27.84
Total Current Liabilities	354.5	314.4	292.54	267.98	274.88
Long-Term Leases	17.12	9.5	19.53	23.37	24.01
Long-Term Deferred Tax Liabilities	5.66	12.07	18.88	24.93	28.99
Total Liabilities	377.28	335.97	330.95	316.28	327.87
Common Stock	4.76	4.73	4.72	4.72	4.72
Additional Paid-In Capital	547.92	545.22	542.06	540.58	541.27
Retained Earnings	-427.81	-391.71	-358.05	-310.16	-298.53
Treasury Stock	-8.2	-8.2	-8.63	-9.82	-11.63
Comprehensive Income & Other	-36.95	-37	-37	-37.56	-37.42
Total Common Equity	79.71	113.04	143.1	187.77	198.4
Minority Interest	-0.06	-0.06	0.41	3.13	49.34
Shareholders' Equity	79.65	112.97	143.51	190.9	247.75
Total Liabilities & Equity	456.93	448.94	474.46	507.18	575.62
Total Debt	35.21	22.61	36.45	40.72	47.78
Net Cash (Debt)	1.32	37.56	18.53	30.62	64.94
Net Cash Growth	-96.49%	102.69%	-39.48%	-52.85%	-44.09%
Net Cash Per Share	0.04	1.20	0.59	0.98	2.07
Filing Date Shares Outstanding	31.6	31.46	31.44	31.5	31.11
Total Common Shares Outstanding	31.6	31.46	31.47	31.55	31.43
Working Capital	-287.86	-243.96	-227.28	-192.57	-153.94
Book Value Per Share	2.52	3.59	4.55	5.95	6.31
Tangible Book Value	-162.82	-142.14	-129.31	-100.34	-106.94
Tangible Book Value Per Share	-5.15	-4.52	-4.11	-3.18	-3.40
Buildings	-	53.05	53.05	53.05	-
Machinery	-	5.89	5.93	6.07	7.71
Leasehold Improvements	-	5.56	8.48	8.61	17.84

Updated Nov 7, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q