AACG vs IH
ATA Creativity Global and iHuman Inc., side by side — 8 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | AACG | IH |
|---|---|---|
| Revenue | CNY 268.1M | CNY 807.0M |
| Net income | CNY -48.0M | CNY 95.4M |
| Gross margin | 48.6% | 67.9% |
| Net margin | −17.9% | 11.8% |
| Return on equity | −86.0% | 9.8% |
| Diluted EPS | −CNY 0.76 | CNY 0.36 |
| Dividend / share | · | · |
| Payout ratio | · | 41.0% |
| Free cash flow | CNY -17.1M | CNY 46.4M |
| Equity | CNY 32.0M | CNY 995.2M |
| Net debt / equity | −2.16× | · |
| Current ratio | 0.32× | 3.57× |
| Revenue CAGR 5y | 10.6% | 8.7% |
| Profit CAGR 5y | · | · |
IH bills 3.0× the revenue of AACG, and AACG closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
8 years side by side
| Fiscal year | AACG | IH |
|---|---|---|
| FY2025 | CNY 268.1M | CNY 807.0M |
| FY2024 | CNY 268.1M | CNY 922.2M |
| FY2023 | CNY 221.6M | CNY 1.0B |
| FY2022 | CNY 206.8M | CNY 985.5M |
| FY2021 | CNY 202.2M | CNY 944.7M |
| FY2020 | CNY 162.2M | CNY 531.9M |
| FY2019 | CNY 97.8M | CNY 218.7M |
| FY2018 | CNY 1.3M | CNY 131.9M |
Bottom line
| Fiscal year | AACG | IH |
|---|---|---|
| FY2025 | CNY -48.0M | CNY 95.4M |
| FY2024 | CNY -36.1M | CNY 98.6M |
| FY2023 | CNY -33.7M | CNY 180.9M |
| FY2022 | CNY -47.9M | CNY 109.8M |
| FY2021 | CNY -33.6M | CNY -37.1M |
| FY2020 | CNY -92.2M | CNY -37.5M |
| FY2019 | CNY -122.3M | CNY -275.6M |
| FY2018 | CNY 854.9M | CNY -17.6M |
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −CNY 538,906,124 | IH |
| FY2024 | −CNY 654,140,838 | IH |
| FY2023 | −CNY 796,520,032 | IH |
| FY2022 | −CNY 778,696,126 | IH |
| FY2021 | −CNY 742,512,535 | IH |
| FY2020 | −CNY 369,747,453 | IH |
| FY2019 | −CNY 120,885,833 | IH |
| FY2018 | −CNY 130,528,408 | IH |
IH has reported the higher revenue in every one of these 8 fiscal years. The gap has widened since the earliest year compared.
8 of 17 comparable fiscal years — a year missing data on either side is not counted.
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −29.7 pp | IH |
| FY2024 | −24.2 pp | IH |
| FY2023 | −33.0 pp | IH |
| FY2022 | −34.6 pp | IH |
| FY2021 | −14.1 pp | IH |
| FY2020 | −55.0 pp | IH |
IH has kept the higher net margin in every one of these 6 fiscal years.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AACG's net margin has been more volatile than IH's over the 6 comparable fiscal years — 16.8 percentage points of standard deviation against 9.0.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
IH led in net margin in every one of the 6 comparable fiscal years — a structural lead, not a recent swing.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AACG's return on equity has been more volatile than IH's over the 5 comparable fiscal years — 24.2 percentage points of standard deviation against 9.0.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
IH led in return on equity in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.