v3.19.1
Consolidated Balance Sheets
Dec. 31, 2018
USD ($)
Dec. 31, 2018
CNY (¥)
Dec. 31, 2017
CNY (¥)
Current assets:      
Cash and cash equivalents $ 27,719,634 ¥ 190,586,342 ¥ 53,478,494
Accounts receivable, net 63,964 439,783 52,907
Prepaid expenses and other current assets 1,139,712 7,836,092 3,270,988
Loan receivable 2,113,691 14,532,685  
Current assets of discontinued operations     310,014,014
Total current assets 31,037,001 213,394,902 366,816,403
Long-term investments 9,656,156 66,390,898 70,021,700
Property and equipment, net 5,444,075 37,430,741 42,302,632
Intangible assets, net 2,490,376 17,122,578 5,745,565
Other assets 116,305 799,652 4,004,039
Non-current assets of discontinued operations     79,551,168
Total assets 48,743,913 335,138,771 568,441,507
Current liabilities:      
Accrued expenses and other payables (including accrued expenses and other payables of VIE without recourse to the Company of nil and RMB 455,577 as of December 31, 2017 and 2018, respectively) 2,634,272 18,111,939 28,018,521
Deferred revenues 237,652 1,633,976 2,026,319
Current liabilities of discontinued operations     111,721,090
Total current liabilities 2,871,924 19,745,915 141,765,930
Non-current liabilities of discontinued operations     25,298,567
Total liabilities 2,871,924 19,745,915 167,064,497
Mezzanine equity-redeemable non-controlling interests 5,702,657 39,208,619 36,304,276
Shareholders' equity:      
Common shares: Par value USD 0.01, authorized: 500,000,000 shares Issued: 49,007,244 and 48,177,742 shares as of December 31, 2017 and 2018, respectively Outstanding: 45,796,886 shares as of December 31, 2017 and 2018 514,126 3,534,871 3,534,871
Treasury shares-585,358 common shares as of December 31, 2017 and 2018, at cost (4,034,190) (27,737,073) (27,737,073)
Additional paid-in capital 59,660,532 410,195,990 389,897,690
Accumulated other comprehensive loss (5,568,812) (38,288,364) (26,850,955)
Retained earnings (accumulated deficits) (10,455,760) (71,888,585) 25,884,905
Total shareholders' equity attributable to ATA Inc. 40,115,896 275,816,839 364,729,438
Non-redeemable non-controlling interests 53,436 367,398 343,296
Total shareholders' equity 40,169,332 276,184,237 365,072,734
Commitments and contingencies
Total liabilities, mezzanine equity and shareholders' equity $ 48,743,913 ¥ 335,138,771 ¥ 568,441,507

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