ATA INC (Parent Company) (Tables)
|
12 Months Ended |
Mar. 31, 2015 |
|---|
| ATA INC. ("Parent Company") |
|
| Schedule of condensed balance sheets |
Condensed Balance Sheets
|
|
|
March 31,
|
|
|
|
|
2014
|
|
2015
|
|
2015
|
|
|
|
|
RMB
|
|
RMB
|
|
USD
|
|
|
Cash
|
|
9,327,438
|
|
8,204,099
|
|
1,323,455
|
|
|
Prepaid expenses and other current assets
|
|
174,575
|
|
184,266
|
|
29,725
|
|
|
Investments in subsidiaries
|
|
403,522,684
|
|
370,397,418
|
|
59,751,156
|
|
|
|
|
|
|
|
|
|
|
|
Total assets
|
|
413,024,697
|
|
378,785,783
|
|
61,104,336
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued expenses and other current liabilities
|
|
1,132,825
|
|
1,463,375
|
|
236,066
|
|
|
|
|
|
|
|
|
|
|
|
Total liabilities
|
|
1,132,825
|
|
1,463,375
|
|
236,066
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common shares
|
|
3,474,894
|
|
3,513,718
|
|
566,820
|
|
|
Treasury shares
|
|
(1,029,766
|
)
|
(8,201,045
|
)
|
(1,322,963
|
)
|
|
Additional paid in capital
|
|
437,964,776
|
|
387,502,800
|
|
62,510,534
|
|
|
Accumulated other comprehensive loss
|
|
(27,145,929
|
)
|
(27,176,682
|
)
|
(4,384,043
|
)
|
|
Retained earnings (accumulated deficit)
|
|
(1,372,103
|
)
|
21,683,617
|
|
3,497,922
|
|
|
|
|
|
|
|
|
|
|
|
Total shareholders’ equity
|
|
411,891,872
|
|
377,322,408
|
|
60,868,270
|
|
|
|
|
|
|
|
|
|
|
|
Total liabilities and shareholders’ equity
|
|
413,024,697
|
|
378,785,783
|
|
61,104,336
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of condensed statements of comprehensive income |
Condensed Statements of Comprehensive Income
|
|
|
Year Ended March 31,
|
|
|
|
|
2013
|
|
2014
|
|
2015
|
|
2015
|
|
|
|
|
RMB
|
|
RMB
|
|
RMB
|
|
USD
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating expenses
|
|
(7,567,474
|
)
|
(5,415,249
|
)
|
(4,612,306
|
)
|
(744,040
|
)
|
|
Investment income
|
|
30,685,632
|
|
32,612,787
|
|
27,609,211
|
|
4,453,817
|
|
|
Interest income
|
|
112,656
|
|
40,889
|
|
144,869
|
|
23,370
|
|
|
Foreign currency exchange gains (losses), net
|
|
(22,824
|
)
|
38,008
|
|
(86,054
|
)
|
(13,882
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings before income taxes
|
|
23,207,990
|
|
27,276,435
|
|
23,055,720
|
|
3,719,265
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax expense
|
|
—
|
|
—
|
|
—
|
|
—
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income
|
|
23,207,990
|
|
27,276,435
|
|
23,055,720
|
|
3,719,265
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign currency translation adjustment, net of nil income taxes
|
|
(374,747
|
)
|
(766,783
|
)
|
(30,753
|
)
|
(4,961
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income
|
|
22,833,243
|
|
26,509,652
|
|
23,024,967
|
|
3,714,304
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of condensed statements of cash flows |
Condensed Statements of Cash Flows
|
|
|
Year Ended March 31,
|
|
|
|
|
2013
|
|
2014
|
|
2015
|
|
2015
|
|
|
|
|
RMB
|
|
RMB
|
|
RMB
|
|
USD
|
|
|
Net cash used in operating activities
|
|
(6,675,424
|
)
|
(4,994,557
|
)
|
(4,304,976
|
)
|
(694,463
|
)
|
|
Cash flows from investing activities :
|
|
|
|
|
|
|
|
|
|
|
Collection from (payment to) subsidiaries
|
|
26,836,132
|
|
(6,911,210
|
)
|
7,670,574
|
|
1,237,389
|
|
|
Payment for XingWei acquisition
|
|
—
|
|
(19,612,120
|
)
|
—
|
|
—
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net cash provided by investing activities
|
|
26,836,132
|
|
(26,523,330
|
)
|
7,670,574
|
|
1,237,389
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flows from financing activities :
|
|
|
|
|
|
|
|
|
|
|
Proceeds from exercise of share options
|
|
—
|
|
—
|
|
—
|
|
—
|
|
|
Cash paid for employee individual income tax of net-settlement of vested shares
|
|
(913,453
|
)
|
—
|
|
—
|
|
—
|
|
|
Cash paid for repurchase of common shares
|
|
(329,357
|
)
|
(132,528
|
)
|
(8,362,136
|
)
|
(1,348,949
|
)
|
|
Proceeds from exercise of share options
|
|
—
|
|
—
|
|
3,903,952
|
|
629,771
|
|
|
Special cash dividend
|
|
(25,331,341
|
)
|
—
|
|
—
|
|
—
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net cash used in financing activities
|
|
(26,574,151
|
)
|
(132,528
|
)
|
(4,458,184
|
)
|
(719,178
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Effect of foreign exchange rate changes on cash
|
|
(374,747
|
)
|
(766,783
|
)
|
(30,753
|
)
|
(4,961
|
)
|
|
Net decrease in cash
|
|
(6,788,190
|
)
|
(32,417,198
|
)
|
(1,123,339
|
)
|
(181,213
|
)
|
|
Cash at beginning of year
|
|
48,532,826
|
|
41,744,636
|
|
9,327,438
|
|
1,504,668
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash at end of year
|
|
41,744,636
|
|
9,327,438
|
|
8,204,099
|
|
1,323,455
|
|
|
|
|
|
|
|
|
|
|
|
|
|