ATA Creativity Global (AACG)

ATA Creativity Global Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	39.41	36.52	60.17	54.98	71.34	112.72
Cash & Short-Term Investments	39.41	36.52	60.17	54.98	71.34	112.72
Cash Growth	-31.57%	-39.30%	9.43%	-22.93%	-36.71%	-26.90%
Accounts Receivable	2.31	2.71	2.24	5.85	0.94	2.25
Other Receivables	-	14.34	1.65	0.02	0.13	0.03
Receivables	2.31	17.05	3.89	5.87	1.07	2.27
Prepaid Expenses	31.52	1.78	0.75	0.66	0.39	-
Other Current Assets	-	11.28	5.64	3.76	2.61	5.94
Total Current Assets	73.24	66.64	70.44	65.26	75.41	120.94
Property, Plant & Equipment	72.46	74.61	53.63	70.38	78.92	79.9
Long-Term Investments	38	38	38	38	38	44
Goodwill	196.29	196.29	196.29	196.29	194.75	194.75
Other Intangible Assets	41.8	46.24	58.89	76.12	93.35	110.59
Long-Term Deferred Tax Assets	-	-	-	-	-	2.49
Other Long-Term Assets	35.56	35.16	31.69	28.42	26.74	22.95
Total Assets	457.34	456.93	448.94	474.46	507.18	575.62
Accrued Expenses	52.43	22.42	21	26.45	24.76	23.71
Short-Term Debt	13.03	-	-	-	-	6.8
Current Portion of Leases	16.92	18.09	13.11	16.92	17.35	16.97
Current Income Taxes Payable	-	-	0	0.01	0.02	0.11
Current Unearned Revenue	289.32	280.04	252.15	219.72	202.45	199.45
Other Current Liabilities	-	33.95	28.14	29.44	23.4	27.84
Total Current Liabilities	371.71	354.5	314.4	292.54	267.98	274.88
Long-Term Leases	16.96	17.12	9.5	19.53	23.37	24.01
Long-Term Deferred Tax Liabilities	2.28	5.66	12.07	18.88	24.93	28.99
Total Liabilities	390.95	377.28	335.97	330.95	316.28	327.87
Common Stock	4.76	4.76	4.73	4.72	4.72	4.72
Additional Paid-In Capital	547.99	547.92	545.22	542.06	540.58	541.27
Retained Earnings	-441.15	-427.81	-391.71	-358.05	-310.16	-298.53
Treasury Stock	-8.2	-8.2	-8.2	-8.63	-9.82	-11.63
Comprehensive Income & Other	-36.94	-36.95	-37	-37	-37.56	-37.42
Total Common Equity	66.46	79.71	113.04	143.1	187.77	198.4
Minority Interest	-0.06	-0.06	-0.06	0.41	3.13	49.34
Shareholders' Equity	66.39	79.65	112.97	143.51	190.9	247.75
Total Liabilities & Equity	457.34	456.93	448.94	474.46	507.18	575.62
Total Debt	46.92	35.21	22.61	36.45	40.72	47.78
Net Cash (Debt)	-7.5	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	-0.24	0.04	1.20	0.59	0.98	2.07
Filing Date Shares Outstanding	31.77	31.66	31.46	31.44	31.5	31.11
Total Common Shares Outstanding	31.77	31.28	31.46	31.47	31.55	31.43
Working Capital	-298.47	-287.86	-243.96	-227.28	-192.57	-153.94
Book Value Per Share	2.09	2.55	3.59	4.55	5.95	6.31
Tangible Book Value	-171.63	-162.82	-142.14	-129.31	-100.34	-106.94
Tangible Book Value Per Share	-5.40	-5.20	-4.52	-4.11	-3.18	-3.40
Buildings	-	53.05	53.05	53.05	53.05	-
Machinery	-	9.29	5.89	5.93	6.07	7.71
Leasehold Improvements	-	12.43	5.56	8.48	8.61	17.84

Updated Apr 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q