ATA INC. ("Parent Company") |
(23)ATA INC. (“Parent Company”)
The following presents condensed financial information of the Parent Company only.
Condensed Balance Sheets
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March 31,
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|
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2016
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|
2017
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|
2017
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|
RMB
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|
RMB
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|
USD
|
|
Cash
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|
2,931,353
|
|
505,082
|
|
73,379
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|
Prepaid expenses and other current assets
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197,252
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210,100
|
|
30,524
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|
Investments in subsidiaries
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392,077,013
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392,224,481
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|
56,982,868
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|
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Total assets
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395,205,618
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392,939,663
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57,086,771
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Accrued expenses and other current liabilities
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975,030
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1,562,363
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226,982
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Total liabilities
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975,030
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1,562,363
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226,982
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Common shares
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3,530,704
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3,533,912
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|
513,411
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Treasury shares
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(27,737,073
|
)
|
(27,737,073
|
)
|
(4,029,677
|
)
|
Additional paid in capital
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395,876,282
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|
402,631,430
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58,494,803
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|
Accumulated other comprehensive loss
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(25,174,129
|
)
|
(25,069,771
|
)
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(3,642,168
|
)
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Retained earnings
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|
47,734,804
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38,018,802
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5,523,420
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Total shareholders’ equity
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394,230,588
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391,377,300
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56,859,789
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Total liabilities and shareholders’ equity
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395,205,618
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392,939,663
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57,086,771
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Condensed Statements of Comprehensive Income (Loss)
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Year Ended March 31,
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2015
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2016
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2017
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2017
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RMB
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RMB
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|
RMB
|
|
USD
|
|
|
|
|
|
|
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|
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Operating expenses
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(4,612,306
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)
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(4,292,082
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)
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(3,818,608
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)
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(554,773
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)
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Investment income (loss)
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27,609,211
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30,476,370
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(6,587,058
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)
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(956,976
|
)
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Interest expense
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—
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—
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(75,918
|
)
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(11,029
|
)
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Interest income
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144,869
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|
79,847
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|
568,503
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|
82,593
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Foreign currency exchange gains (losses), net
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(86,054
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)
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(212,948
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)
|
197,079
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28,632
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Earnings before income taxes
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23,055,720
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26,051,187
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(9,716,002
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)
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(1,411,553
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)
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Income tax expense
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—
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—
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—
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—
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Net income (loss)
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23,055,720
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|
26,051,187
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|
(9,716,002
|
)
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(1,411,553
|
)
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Other comprehensive income (loss)
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(30,753
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)
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2,002,553
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104,358
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15,161
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Comprehensive income (loss)
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23,024,967
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28,053,740
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(9,611,644
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)
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(1,396,392
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)
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Year Ended March 31,
|
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|
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2015
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2016
|
|
2017
|
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2017
|
|
|
|
RMB
|
|
RMB
|
|
RMB
|
|
USD
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|
Net cash used in operating activities
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(4,304,976
|
)
|
(3,150,707
|
)
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(2,858,989
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)
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(415,358
|
)
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Cash flows from investing activities :
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Collection from subsidiaries:
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7,670,574
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17,406,546
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400,783
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58,226
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Net cash provided by investing activities
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7,670,574
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17,406,546
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400,783
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58,226
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|
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Cash flows from financing activities :
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Cash paid for repurchase of common shares
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|
(8,362,136
|
)
|
(19,536,028
|
)
|
—
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—
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Proceeds from exercise of share options
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|
3,903,952
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|
—
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—
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—
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Net cash used in financing activities
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(4,458,184
|
)
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(19,536,028
|
)
|
—
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—
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Effect of foreign exchange rate changes on cash
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(30,753
|
)
|
7,443
|
|
31,935
|
|
4,640
|
|
Net decrease in cash
|
|
(1,123,339
|
)
|
(5,272,746
|
)
|
(2,426,271
|
)
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(352,492
|
)
|
Cash at beginning of year
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9,327,438
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8,204,099
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2,931,353
|
|
425,871
|
|
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Cash at end of year
|
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8,204,099
|
|
2,931,353
|
|
505,082
|
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73,379
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