v3.23.1
Consolidated Balance Sheets
Dec. 31, 2022
CNY (¥)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 54,980,199 $ 7,971,380 ¥ 71,339,361
Accounts receivable, net 5,852,038 848,466 938,189
Prepaid expenses and other current assets 4,430,285 642,331 3,129,600
Total current assets 65,262,522 9,462,177 75,407,150
Long-term investments 38,000,000 5,509,482 38,000,000
Property and equipment, net 32,760,976 4,749,895 36,503,984
Intangible assets, net 76,119,444 11,036,282 93,352,778
Goodwill 196,289,492 28,459,301 194,754,963
Other non-current assets 28,415,794 4,119,903 26,739,026
Right-of-use assets 37,616,541 5,453,886 42,417,409
Total assets 474,464,769 68,790,926 507,175,310
Current liabilities:      
Accrued expenses and other payables (including accrued expenses and other payables of the consolidated VIE without recourse to the Company of RMB124,089 and RMB134,604 as of December 31, 2021 and 2022, respectively) 55,904,510 8,105,392 48,174,095
Lease liabilities-current 16,920,429 2,453,232 17,351,427
Deferred revenues 219,717,574 31,856,054 202,453,092
Total current liabilities 292,542,513 42,414,678 267,978,614
Lease liabilities-non-current 19,528,763 2,831,404 23,365,840
Deferred income tax liabilities 18,879,303 2,737,242 24,931,322
Total liabilities 330,950,579 47,983,324 316,275,776
Shareholders' equity:      
Common shares: Par value USD 0.01, authorized: 500,000,000 shares Issued: 63,832,534 and 63,829,698 shares as of December 31, 2021 and 2022, respectively Outstanding: 62,753,840 shares as of December 31, 2021 and 2022 4,720,147 684,357 4,720,147
Treasury shares—585,358 common shares as of December 31, 2021 and 2022, at cost (8,626,894) (1,250,782) (9,818,754)
Additional paid-in capital 542,058,092 78,591,036 540,583,564
Accumulated other comprehensive loss (37,003,085) (5,364,943) (37,559,847)
Accumulated deficit (358,048,927) (51,912,215) (310,156,018)
Total shareholders' equity attributable to ATA Creativity Global 143,099,333 20,747,453 187,769,092
Non-controlling interests 414,857 60,149 3,130,442
Total shareholders' equity 143,514,190 20,807,602 190,899,534
Commitments and contingencies
Total liabilities and shareholders' equity ¥ 474,464,769 $ 68,790,926 ¥ 507,175,310

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