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Ata Creativity Global (China)

Main Activities: Educational Services
Full name: Ata Creativity Global Profile Updated: July 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company provides computer-based testing services, test-based educational services, test preparation and training solutions and other related services in the People's Republic of China
BUSINESS:
The Company offers a range of services for the creation, delivery, and analysis of computer-based tests utilizing its test delivery platform and proprietary testing technologies, which are used for professional licensure and certification tests, as well as provides logistical services, such as test registration, scheduling, and fee collection. Its E-testing platform integrates various aspects of the test delivery process for computer-based tests ranging from test form compilation to test scoring and results analysis. The Company also offers test preparation and training programs and services to test candidates preparing to take professional certification tests; online test preparation and training platform for the securities and banking industries; test preparation software for the teaching industry; and online tutorials to students. In addition, the company provides career-oriented educational services, which include single course programs, degree major course programs, and pre-occupational training programs focusing on preparing students to pass IT and other vocational certification tests. Further, it offers human resource select employee assessment solution, an online system that helps employers in the employee recruitment process.
HISTORY
2006 The Company was incorporated in the Cayman Islands under name ATA Inc. in September 2006.
2008 The Company s ADSs are listed on the Nasdaq Global Market under the symbol “ATAI” on January 29, 2008.
2009 In February 2009, The Company acquired the entire equity of Muhua Shangce Learning Data Technology (Beijing) Limited (previously named Beijing Jindixin Software Technology Limited), or Muhua Shangce, a company initially engaged in the development and marketing of software for computer-based tests and then focused on K-12 education assessment service.
2013 In November 2013, The Company completed the acquisition of the entire equity interest of ACG HK (previously named Xing Wei Institute (HongKong) Limited), a private education technology company that provides training solutions as well as online and mobile training platforms for corporations in China.
2015 In May 2015, The Company acquired the entire equity interest of ATA Online. ATA Online operated computer-based testing services, online education services and other related services.
2017 On June 1, 2017, The Company declared a change in the fiscal year end from March 31 to December 31.
2019 In 2019, The Company completed the acquisition of 100 equity interests of Huanqiuyimeng, a provider of educational services for students in China interested in applying for overseas art study.
On September 13, 2019, The Company changed its company name from “ATA Inc.” to “ATA Creativity Global” in connection with the Huanqiuyimeng Acquisition.
October 17, 2019, The Company changed the trading symbol for its ADSs listed on the Nasdaq Global Market from “ATAI” to “AACG.”
2022 In October 2022, The Company completed the acquisition of the remaining 40 equity interest in Sichuan Huanqiuyilian Education Consultation Co., Ltd., or Sichuan Huanqiuyilian, in which we held 60 equity interest before the acquisition. Sichuan Huanqiuyilian is engaged in the business of the sale and delivery of portfolio training service and certain other educational services, as well as the promotion and sale of overseas study counselling service and research-based learning service.

Headquarters
1/F East Gate, Building No. 2, Jian Wai Soho, No. 39 Dong San Huan Zhong Road, Chao Yang District
Beijing; Beijing; Postal Code: 100022

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Website: http://www.atai.net.cn

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2006
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Senior Vice President
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Vice President
Ownership Details
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28.8%
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15.3%
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14.6%
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8.9%
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7.8%
Subsidiaries
Ata Learning (Beijing) Inc.
Ata Online (Beijing) Education Technology Limited
Ata Testing Authority (Beijing) Limited
Company Performance
Financial values in the chart are available after Ata Creativity Global report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
21.11%
Total operating revenue
21.17%
Operating profit (EBIT)
-18.64%
Net Profit (Loss) for the Period
-16.78%
Total assets
-1.46%
Total equity
-36.03%
Operating Profit Margin (ROS)
0.75%
Net Profit Margin
1.09%
Return on Equity (ROE)
-33.7%
Quick Ratio
-0.06%
Cash Ratio
-0.09%

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