ATA Creativity Global Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2006
Net Income	-33.66	-47.89	-33.65	-92.2	-122.25	Upgrade
Depreciation & Amortization	21.98	22.59	23.03	29.91	17.55	Upgrade
Share-Based Compensation	3.07	1.46	1.04	1.78	4.81	Upgrade
Other Operating Activities	17.36	9.23	-22.25	32.63	42.02	Upgrade
Operating Cash Flow	8.75	-14.61	-31.83	-27.87	-57.88	Upgrade
Capital Expenditures	-2.23	-1.61	-4.43	-4.87	-1.28	Upgrade
Acquisitions	-1.74	-0.88	-5.6	-14.22	-29.66	Upgrade
Change in Investments	0	0	0	0	-6	Upgrade
Investing Cash Flow	-3.97	-2.49	-10.03	-19.09	-36.95	Upgrade
Share Issuance / Repurchase	0.47	0.22	0.23	4.53	61.69	Upgrade
Debt Issued / Paid	0	0	0.71	1.81	-9	Upgrade
Other Financing Activities	-0.07	-0.03	-0.11	-0.03	4.87	Upgrade
Financing Cash Flow	0.4	0.19	0.83	6.3	57.57	Upgrade
Exchange Rate Effect	-0	0.56	-0.35	-0.81	0.87	Upgrade
Net Cash Flow	5.19	-16.36	-41.38	-41.47	-36.39	Upgrade
Free Cash Flow	6.53	-16.23	-36.26	-32.75	-59.16	Upgrade
Free Cash Flow Margin	2.94%	-7.85%	-17.93%	-20.19%	-60.51%	Upgrade
Free Cash Flow Per Share	0.21	-0.51	-1.15	-1.03	-2.49	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).