ATA Creativity Global (AACG) Balance Sheet: Assets & Liabilities

ATA Creativity Global (AACG) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), ATA Creativity Global reported total assets of CNY 408.30M and total liabilities of CNY 376.32M. Shareholders' equity was CNY 32.05M, down 59.8% from CNY 79.71M a year earlier. Total debt stood at CNY 16.03M against CNY 85.24M in cash and short-term investments, a net cash position of CNY 69.20M. That puts debt-to-equity at 0.50, compared with 0.44 a year earlier.

ATA Creativity Global Balance Sheet Analysis

Values in billions CNY

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for ATA Creativity Global (AACG) - Annual data in billions CNY
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	0.09	0.04	0.06	0.05	0.07	0.11	0.02	0.19	0.35
Cash & Short-Term Investments	0.09	0.04	0.06	0.05	0.07	0.11	0.02	0.19	0.35
Accounts Receivable	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.00	0.00	0.01	0.00	0.00	0.01	0.00	0.02	2.06
Total Current Assets	0.11	0.07	0.07	0.07	0.08	0.12	0.03	0.21	2.42
Non-Current Assets
Property, Plant & Equipment (Net)	0.06	0.07	0.05	0.07	0.08	0.08	0.01	0.04	0.28
Long-Term Investments	0.00	0.04	0.04	0.04	0.04	0.04	0.01	0.07	0.46
Goodwill	0.16	0.20	0.20	0.20	0.19	0.19	0.03	0.00	0.21
Intangible Assets	0.03	0.05	0.06	0.08	0.09	0.11	0.02	0.02	0.04
Other Non-Current Assets	0.04	0.04	0.03	0.03	0.03	0.02	0.00	0.00	0.34
Total Non-Current Assets	0.30	0.39	0.38	0.41	0.43	0.45	0.07	0.12	1.33
Total Assets	0.41	0.46	0.45	0.47	0.51	0.58	0.10	0.34	0.58
Current Liabilities
Accounts Payable	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-13.91
Short-Term Debt	0.00	0.02	0.01	0.02	0.02	0.02	0.00	0.00	0.02
Accrued Liabilities	0.02	0.02	0.05	0.03	0.02	0.02	-	-	-
Deferred Revenue	0.27	0.28	0.25	0.22	0.20	0.20	0.02	0.00	13.91
Other Current Liabilities	0.04	0.03	0.03	0.03	0.05	0.03	0.01	0.02	0.91
Total Current Liabilities	0.34	0.35	0.31	0.29	0.27	0.27	0.04	0.02	0.93
Non-Current Liabilities
Long-Term Debt	0.02	0.02	0.01	0.02	0.02	0.02	0.00	0.00	0.00
Deferred Tax Liabilities	0.00	0.01	0.01	0.02	0.02	0.03	0.01	0.00	150.20
Other Non-Current Liabilities	0.00	0.01	0.01	0.02	0.00	0.00	0.00	0.00	4.41
Total Non-Current Liabilities	0.03	0.02	0.02	0.04	0.05	0.05	0.01	0.00	166.67
Total Liabilities	0.38	0.38	0.34	0.33	0.32	0.33	0.05	0.02	0.17
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02
Retained Earnings	-0.48	-0.43	-0.39	-0.36	-0.31	-0.30	-0.03	-0.07	0.17
Accumulated Other Comprehensive Income	-0.04	-0.04	-0.04	-0.04	-0.04	-0.04	-0.01	-0.04	-0.03
Treasury Stock	0.01	0.01	0.01	0.01	0.01	-	-	-	-
Additional Paid-in Capital	0.55	0.55	0.54	0.54	0.53	0.53	0.08	0.38	0.36
Minority Interest	0.00	0.00	0.00	0.00	0.00	0.05	0.01	0.04	0.24
Shares Outstanding	0.06	0.06	0.06	0.06	0.06	-	-	-	-
Total Stockholders' Equity	0.03	0.08	0.11	0.14	0.19	0.25	0.04	0.28	2.40
Total Liabilities & Equity	0.41	0.46	0.45	0.47	0.51	0.58	0.10	0.34	0.57

Source: Company financial statements from annual and quarterly filings. Data as of Dec 31, 2025. Data sources and methodology

Frequently Asked Questions About ATA Creativity Global Balance Sheet

How much debt does ATA Creativity Global have?

ATA Creativity Global had total debt of CNY 16.03M as of Dec 31, 2025, against CNY 85.24M in cash and short-term investments. Its debt-to-equity ratio was 0.50. Total debt was CNY 35.21M a year earlier.

What are ATA Creativity Global's total assets?

ATA Creativity Global reported total assets of CNY 408.30M as of Dec 31, 2025, down 10.6% from CNY 456.93M a year earlier. Total liabilities were CNY 376.32M.

What is ATA Creativity Global's shareholders' equity?

ATA Creativity Global's shareholders' equity was CNY 32.05M as of Dec 31, 2025, or about CNY 0.50 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition