ATA Creativity Global ("Parent Company") (Tables) - ATA Creativity Global
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12 Months Ended |
Dec. 31, 2021 |
Schedule of Condensed Balance Sheets |
Condensed Balance Sheets
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|
December 31,
2020
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|
|
December 31,
2021
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|
December 31,
2021
|
|
|
RMB
|
|
|
RMB
|
|
USD
|
Cash and cash equivalents
|
|
|
2,486,636
|
|
|
2,235,730
|
|
350,835
|
Prepaid expenses and other current assets
|
|
|
3,983
|
|
|
3,892
|
|
611
|
Investments in subsidiaries
|
|
|
198,028,805
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|
|
187,780,984
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|
29,466,934
|
Total assets
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|
|
200,519,424
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|
|
190,020,606
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|
29,818,380
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Accrued expenses and other payables
|
|
|
2,114,561
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|
|
2,251,514
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|
353,312
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Total liabilities
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|
|
2,114,561
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2,251,514
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|
353,312
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Common shares
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|
|
4,716,675
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|
|
4,720,147
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|
740,694
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Treasury shares
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|
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(11,625,924)
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|
|
(9,818,754)
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|
(1,540,777)
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Additional paid in capital
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|
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541,272,503
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|
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540,583,564
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|
84,829,358
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Accumulated other comprehensive loss
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|
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(37,424,722)
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|
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(37,559,847)
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(5,893,960)
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Accumulated deficit
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|
|
(298,533,669)
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|
|
(310,156,018)
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|
(48,670,247)
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Total shareholders’ equity
|
|
|
198,404,863
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|
|
187,769,092
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|
29,465,068
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Total liabilities and shareholders’ equity
|
|
|
200,519,424
|
|
|
190,020,606
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|
29,818,380
|
|
Schedule of Consolidated Income Statement |
Condensed Statements of Comprehensive Income (Loss)
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|
Year ended December 31,
|
|
|
2019
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|
|
2020
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|
|
2021
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|
2021
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|
|
RMB
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|
|
RMB
|
|
|
RMB
|
|
USD
|
Cost of revenues
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|
—
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|
|
—
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|
|
(90,029)
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(14,128)
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Operating expenses
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|
(6,928,823)
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|
|
(10,748,782)
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|
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(6,412,398)
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(1,006,245)
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Provision for loan receivable
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(11,843,167)
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|
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(3,943,902)
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|
|
—
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|
—
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Investment loss
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(110,881,674)
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|
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(83,753,528)
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|
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(5,120,016)
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|
(803,442)
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Interest expense
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|
—
|
|
|
—
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|
|
—
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|
—
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Interest income
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|
1,391,183
|
|
|
63,613
|
|
|
139
|
|
22
|
Foreign currency exchange gains (losses), net
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|
1
|
|
|
(5)
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(45)
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(7)
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Loss before income taxes
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(128,262,480)
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|
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(98,382,604)
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|
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(11,622,349)
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|
(1,823,800)
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Income tax expense
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|
—
|
|
|
—
|
|
|
—
|
|
—
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Net loss
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|
(128,262,480)
|
|
|
(98,382,604)
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|
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(11,622,349)
|
|
(1,823,800)
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Other comprehensive income (loss)
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|
810,197
|
|
|
53,445
|
|
|
(135,125)
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(21,204)
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Comprehensive loss
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|
(127,452,283)
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|
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(98,329,159)
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|
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(11,757,474)
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(1,845,004)
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Schedule of Condensed Statements of Cash Flows |
Condensed Statements of Cash Flows
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Year ended December 31,
|
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|
2019
|
|
|
2020
|
|
|
2021
|
|
2021
|
|
|
RMB
|
|
|
RMB
|
|
|
RMB
|
|
USD
|
Net cash used in operating activities
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|
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(4,797,830)
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|
|
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(10,150,979)
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|
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(4,529,860)
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(710,833)
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Cash flows from investing activities:
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|
|
|
|
|
|
|
|
|
|
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Cash received from subsidiaries
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|
|
—
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|
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3,804,240
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|
|
4,113,412
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|
645,484
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Cash lent to subsidiaries
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|
|
—
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|
|
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(72,794,230)
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|
|
(9,692)
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|
(1,521)
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Proceeds from disposal of discontinued operations
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|
|
4,894,197
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|
|
|
—
|
|
|
—
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|
—
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Net cash provided by (used in) investing activities
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|
|
4,894,197
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|
|
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(68,989,990)
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|
|
4,103,720
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|
643,963
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Cash flows from financing activities:
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|
|
|
|
|
|
|
|
|
|
|
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Cash received from Private placement
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|
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61,693,192
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|
|
|
8,530,931
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|
|
—
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|
—
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Cash received for exercise of share options
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|
|
—
|
|
|
|
—
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|
|
232,245
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|
36,444
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Repurchase of treasury shares
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|
|
—
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|
|
|
(4,003,530)
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|
|
—
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|
—
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Net cash provided by (used in) financing activities
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|
|
61,693,192
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|
|
|
4,527,401
|
|
|
232,245
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|
36,444
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Effect of foreign exchange rate changes on cash
|
|
|
810,196
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|
|
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(895,932)
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|
|
(57,011)
|
|
(8,946)
|
Net increase (decrease) in cash
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|
|
62,599,755
|
|
|
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(75,509,500)
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|
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(250,906)
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|
(39,372)
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Cash and cash equivalents at beginning of year
|
|
|
15,396,381
|
|
|
|
77,996,136
|
|
|
2,486,636
|
|
390,207
|
Cash and cash equivalents at end of year
|
|
|
77,996,136
|
|
|
|
2,486,636
|
|
|
2,235,730
|
|
350,835
|
|