Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

ATA INC. ("Parent Company")

v3.7.0.1
ATA INC. ("Parent Company")
12 Months Ended
Mar. 31, 2017
ATA INC. ("Parent Company")  
ATA INC. ("Parent Company")

(23)ATA INC. (“Parent Company”)

 

The following presents condensed financial information of the Parent Company only.

 

Condensed Balance Sheets

 

 

March 31,

 

 

 

2016

 

2017

 

2017

 

 

 

RMB

 

RMB

 

USD

 

Cash

 

2,931,353

 

505,082

 

73,379

 

Prepaid expenses and other current assets

 

197,252

 

210,100

 

30,524

 

Investments in subsidiaries

 

392,077,013

 

392,224,481

 

56,982,868

 

 

 

 

 

 

 

 

 

Total assets

 

395,205,618

 

392,939,663

 

57,086,771

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accrued expenses and other current liabilities

 

975,030

 

1,562,363

 

226,982

 

 

 

 

 

 

 

 

 

Total liabilities

 

975,030

 

1,562,363

 

226,982

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common shares

 

3,530,704

 

3,533,912

 

513,411

 

Treasury shares

 

(27,737,073

)

(27,737,073

)

(4,029,677

)

Additional paid in capital

 

395,876,282

 

402,631,430

 

58,494,803

 

Accumulated other comprehensive loss

 

(25,174,129

)

(25,069,771

)

(3,642,168

)

Retained earnings

 

47,734,804

 

38,018,802

 

5,523,420

 

 

 

 

 

 

 

 

 

Total shareholders’ equity

 

394,230,588

 

391,377,300

 

56,859,789

 

 

 

 

 

 

 

 

 

Total liabilities and shareholders’ equity

 

395,205,618

 

392,939,663

 

57,086,771

 

 

 

 

 

 

 

 

 

 

 

Condensed Statements of Comprehensive Income (Loss)

 

 

Year Ended March 31,

 

 

 

2015

 

2016

 

2017

 

2017

 

 

 

RMB

 

RMB

 

RMB

 

USD

 

 

 

 

 

 

 

 

 

 

 

Operating expenses

 

(4,612,306

)

(4,292,082

)

(3,818,608

)

(554,773

)

Investment income (loss)

 

27,609,211

 

30,476,370

 

(6,587,058

)

(956,976

)

Interest expense

 

 

 

(75,918

)

(11,029

)

Interest income

 

144,869

 

79,847

 

568,503

 

82,593

 

Foreign currency exchange gains (losses), net

 

(86,054

)

(212,948

)

197,079

 

28,632

 

 

 

 

 

 

 

 

 

 

 

Earnings before income taxes

 

23,055,720

 

26,051,187

 

(9,716,002

)

(1,411,553

)

 

 

 

 

 

 

 

 

 

 

Income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

23,055,720

 

26,051,187

 

(9,716,002

)

(1,411,553

)

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss)

 

(30,753

)

2,002,553

 

104,358

 

15,161

 

 

 

 

 

 

 

 

 

 

 

Comprehensive income (loss)

 

23,024,967

 

28,053,740

 

(9,611,644

)

(1,396,392

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended March 31,

 

 

 

2015

 

2016

 

2017

 

2017

 

 

 

RMB

 

RMB

 

RMB

 

USD

 

Net cash used in operating activities

 

(4,304,976

)

(3,150,707

)

(2,858,989

)

(415,358

)

Cash flows from investing activities :

 

 

 

 

 

 

 

 

 

Collection from subsidiaries:

 

7,670,574

 

17,406,546

 

400,783

 

58,226

 

 

 

 

 

 

 

 

 

 

 

Net cash provided by investing activities

 

7,670,574

 

17,406,546

 

400,783

 

58,226

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flows from financing activities :

 

 

 

 

 

 

 

 

 

Cash paid for repurchase of common shares

 

(8,362,136

)

(19,536,028

)

 

 

Proceeds from exercise of share options

 

3,903,952

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net cash used in financing activities

 

(4,458,184

)

(19,536,028

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of foreign exchange rate changes on cash

 

(30,753

)

7,443

 

31,935

 

4,640

 

Net decrease in cash

 

(1,123,339

)

(5,272,746

)

(2,426,271

)

(352,492

)

Cash at beginning of year

 

9,327,438

 

8,204,099

 

2,931,353

 

425,871

 

 

 

 

 

 

 

 

 

 

 

Cash at end of year

 

8,204,099

 

2,931,353

 

505,082

 

73,379