ATA Creativity Global (AACG) Company Report

Analyst Coverage

Research analysts covering ATA Creativity Global.

Recent press releases and 8-K filings for AACG.

ATA Creativity Global Announces Registered Direct Offering

AACG

ATA Creativity Global (ACG) entered into a subscription agreement on November 17, 2025, for a registered direct offering of 11,067,547 American Depositary Shares (ADSs) at a price of $0.8 per ADS.
The offering is estimated to generate approximately $8.85 million in gross proceeds for the company.
The net proceeds from the offering will be used for the general working capital of the Company, subject to board approval.
Purchasers and Mr. Xiaofeng Ma, the chairman and CEO, entered into a lock-up agreement, restricting the transfer of their beneficially owned shares or ADSs from the closing date until April 30, 2026.

Nov 17, 2025, 9:23 PM

ATA Creativity Global Reports Reduced Net Loss and Increased Revenues for Nine-Month Period Ended September 30, 2025

AACG

Earnings

Revenue Acceleration/Inflection

ATA Creativity Global reported a net loss of RMB 21.7 million ($3.1 million) for the nine-month period ended September 30, 2025, a significant improvement from the net loss of RMB 49.4 million in the same period of 2024.
Net revenues increased by 7.1% to RMB 179.0 million ($25.1 million) for the nine-month period ended September 30, 2025, up from RMB 167.1 million in the prior year period, primarily driven by increased contributions from overseas study counselling services and research-based learning services.
Operating expenses saw reductions, with sales and marketing expenses decreasing by 13.6% to RMB 62.6 million and general and administrative expenses decreasing by 3.7% to RMB 60.1 million for the nine-month period ended September 30, 2025.
Basic and diluted losses per common share improved to RMB 0.34 ($0.05) for the nine-month period ended September 30, 2025, compared to RMB 0.78 in the same period of 2024.
As of September 30, 2025, the company held RMB 96.8 million ($13.6 million) in cash and cash equivalents.

Nov 17, 2025, 9:18 PM

AACG Reports Q3 2025 Net Income and 7.1% Revenue Growth for Nine Months

AACG

Earnings

Guidance Update

Revenue Acceleration/Inflection

AACG reported a net income attributable to ACG of RMB2.4M (or $0.3M) for Q3 2025, a substantial improvement from a net loss in the prior year period.
For the nine months ended September 30, 2025, total net revenues increased by 7.1% to RMB179.0M (or $25.1M), driven by research-based learning, overseas study counselling, and other educational services.
Portfolio Training Services continued to be the primary revenue contributor, making up 71.9% of Q3 2025 total net revenues, with project-based program credit hours increasing by 22.9% year-over-year.
The company reaffirmed its FY 2025 revenue guidance of approximately RMB276M – RMB281M, representing a projected 3% to 5% increase over FY 2024.

Nov 13, 2025, 1:00 AM

AACG Reports Q3 2025 Results and Provides Full-Year Guidance

AACG

Earnings

Guidance Update

New Projects/Investments

AACG reported RMB 67.3 million in total net revenues for Q3 2025, which was relatively stable compared to Q3 2024. The company achieved a net income of RMB 2.4 million for the quarter, primarily due to a one-time gain from a previous investment, compared to a net loss of RMB 14.7 million in the prior year period.
For the nine months ended September 30, 2025, total net revenues increased by 7.1% to RMB 179 million, and the net loss attributed to ACG narrowed to RMB 21.7 million from RMB 49.4 million in the prior year period.
Total operating expenses decreased by 22.4% in Q3 2025 and 11.9% for the nine months 2025, driven by lower headcounts in sales personnel and decreased professional fees.
AACG expects full-year 2025 total net revenues to be between RMB 276 million and RMB 281 million, representing a year-over-year increase of approximately 3-5% from full year 2024.
The company is implementing strategic initiatives including consolidating campuses in less active markets, expanding online classroom capacity, and introducing new online master classes in Q4.

Nov 13, 2025, 1:00 AM

ATA Creativity Global Reports Q3 2025 Financial Results

AACG

Earnings

Guidance Update

New Projects/Investments

ATA Creativity Global reported net revenues of RMB67.3 million (or $9.5 million) for Q3 2025, which remained stable compared to Q3 2024. For the nine months ended September 30, 2025, net revenues increased by 7.1% to RMB179.0 million (or $25.1 million).
The company achieved net income attributable to ACG of RMB2.4 million (or $0.3 million) in Q3 2025, a significant improvement from a net loss of RMB14.7 million in Q3 2024. Basic and diluted earnings per ADS were RMB0.08 (or $0.02) for Q3 2025.
Student enrollment in Q3 2025 was 1,052, a decrease from 1,289 in Q3 2024, however, total credit hours delivered increased by 5.6% to 56,511.
ACG reaffirms its guidance for full year 2025, expecting total net revenues between RMB276 million and RMB281 million, representing a year-over-year increase of 3% to 5%.