NasdaqGM:ATAI

Stock Analysis Report

Executive Summary

ATA Inc., through its subsidiaries, provides computer-based testing services in the People’s Republic of China.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Risks

  • ATA has significant price volatility in the past 3 months.
  • ATA is not covered by any analysts.

Share Price & News

How has ATA's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-6.7%

NasdaqGM:ATAI

0.6%

US Consumer Services

-1.0%

US Market


1 Year Return

-67.3%

NasdaqGM:ATAI

9.5%

US Consumer Services

-0.4%

US Market

ATAI underperformed the Consumer Services industry which returned 9.5% over the past year.

ATAI underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

ATAIIndustryMarket
7 Day-6.7%0.6%-1.0%
30 Day-20.9%0.9%-3.3%
90 Day-6.7%8.5%0.8%
1 Year197.2%-67.3%13.4%9.5%1.9%-0.4%
3 Year389.1%-51.5%113.4%101.3%39.4%30.4%
5 Year352.2%-55.2%137.1%113.0%54.2%37.1%

Price Volatility Vs. Market

How volatile is ATA's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is ATA undervalued based on future cash flows and its price relative to the stock market?

1.25x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for ATA to establish if it is available at moderate discount.

Unable to calculate intrinsic value for ATA to establish if it is available at substantial discount.


Price Based on Earnings

ATA is loss making, we can't compare its value to the US Consumer Services industry average.

ATA is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for ATA, we can't assess if its growth is good value.


Price Based on Value of Assets

ATA is good value based on assets compared to the US Consumer Services industry average.


Next Steps

Future Growth

How is ATA expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.7%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ATA has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has ATA performed over the past 5 years?

-44.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

ATA does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare ATA's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare ATA's 1-year growth to the US Consumer Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if ATA has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if ATA has efficiently used its assets last year compared to the US Consumer Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if ATA improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is ATA's financial position?


Financial Position Analysis

ATA is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

ATA's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

ATA has no debt.

ATA currently has no debt however we can't compare to 5 years ago as we have no data for that period.

ATA has no debt, it does not need to be covered by operating cash flow.

ATA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

ATA has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is ATA's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate ATA's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate ATA's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as ATA has not reported any payouts.

Unable to verify if ATA's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as ATA has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of ATA's salary, the management and board of directors tenure and is there insider trading?

4.2yrs

Average management tenure


CEO

Kevin Ma (55yo)

4.8yrs

Tenure

0

Mr. Xiaofeng Ma, also known as Kevin, is an Advisor at Elevation China Capital. Mr. Ma co-founded ATA, Inc. and serves as its Chairman and has been its Chief Executive Officer since October 2014. Previousl ...


CEO Compensation Analysis

Insufficient data for Kevin to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.

Insufficient data for Kevin to compare compensation growth.


Management Age and Tenure

4.2yrs

Average Tenure

54.5yo

Average Age

The tenure for the ATA management team is about average.


Board Age and Tenure

11.6yrs

Average Tenure

55yo

Average Age

The average tenure for the ATA board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Benson Tsang (54yo)

    Independent Consultant

    • Tenure: 4.2yrs
  • Walter Wang (58yo)

    Co-Founder and Consultant

    • Tenure: 0.0yrs
  • Kevin Ma (55yo)

    Co-Founder

    • Tenure: 4.8yrs
  • Amy Tung (47yo)

    Chief Financial Officer

    • Tenure: 2.3yrs
  • Haichang Xiong

    General Counsel

    • Tenure: 0.0yrs
  • Jun Zhang

    President & Director

    • Tenure: 0.0yrs

Board Members

  • Andy Yan (62yo)

    Independent Director

    • Tenure: 0.0yrs
  • Alec Tsui (69yo)

    Independent Director

    • Tenure: 11.6yrs
  • Hope Ni (47yo)

    Independent Director

    • Tenure: 11.6yrs
  • Kevin Ma (55yo)

    Co-Founder

    • Tenure: 4.8yrs
  • Zhilei Tong (44yo)

    Director

    • Tenure: 3.3yrs
  • Jun Zhang

    President & Director

    • Tenure: 0.0yrs

Company Information

ATA Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ATA Inc.
  • Ticker: ATAI
  • Exchange: NasdaqGM
  • Founded: 1999
  • Industry: Education Services
  • Sector: Consumer Services
  • Market Cap: US$57.850m
  • Shares outstanding: 27.81m
  • Website: https://www.atai.net.cn

Number of Employees


Location

  • ATA Inc.
  • Building No.2
  • East Gate, Floor 1
  • Beijing
  • 100022
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATAINasdaqGM (Nasdaq Global Market)YesSPON ADR EACH REP 2 COM SHS USD0.01USUSDJan 2008
3IZDB (Deutsche Boerse AG)YesSPON ADR EACH REP 2 COM SHS USD0.01DEEURJan 2008
3IZBST (Boerse-Stuttgart)YesSPON ADR EACH REP 2 COM SHS USD0.01DEEURJan 2008

Biography

ATA Inc., through its subsidiaries, provides computer-based testing services in the People’s Republic of China. The company offers services for the creation and delivery of computer-based tests utilizing i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 00:14
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.