AACG vs STG
ATA Creativity Global and Sunlands Technology Group, side by side — 10 fiscal years reported in CNY, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | AACG | STG |
|---|---|---|
| Revenue | CNY 268.1M | CNY 2.0B |
| Net income | CNY -48.0M | CNY 365.6M |
| Gross margin | 48.6% | 86.9% |
| Net margin | −17.9% | 18.1% |
| Return on equity | −86.0% | 47.3% |
| Diluted EPS | −CNY 0.76 | CNY 54.28 |
| Dividend / share | — | — |
| Payout ratio | — | 0.0% |
| Free cash flow | CNY -17.1M | CNY 146.6M |
| Equity | CNY 32.0M | CNY 945.6M |
| Net debt / equity | −2.16× | −0.61× |
| Current ratio | 0.32× | 1.21× |
| Revenue CAGR 5y | 10.6% | −1.7% |
| Profit CAGR 5y | — | — |
STG bills 7.5× 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.
Revenue by year
10 years side by side
| Fiscal year | AACG | STG |
|---|---|---|
| FY2025 | CNY 268.1M | CNY 2.0B |
| FY2024 | CNY 268.1M | CNY 2.0B |
| FY2023 | CNY 221.6M | CNY 2.2B |
| FY2022 | CNY 206.8M | CNY 2.3B |
| FY2021 | CNY 202.2M | CNY 2.5B |
| FY2020 | CNY 162.2M | CNY 2.2B |
| FY2019 | CNY 97.8M | CNY 2.2B |
| FY2018 | CNY 1.3M | CNY 2.0B |
| FY2017 | CNY 7.4M | CNY 970.2M |
| FY2016 | CNY 8.8M | CNY 418.9M |
Net income by year
Bottom line
| Fiscal year | AACG | STG |
|---|---|---|
| FY2025 | CNY -48.0M | CNY 365.6M |
| FY2024 | CNY -36.1M | CNY 342.1M |
| FY2023 | CNY -33.7M | CNY 640.8M |
| FY2022 | CNY -47.9M | CNY 644.0M |
| FY2021 | CNY -33.6M | CNY 219.1M |
| FY2020 | CNY -92.2M | CNY -430.5M |
| FY2019 | CNY -122.3M | CNY -394.8M |
| FY2018 | CNY 854.9M | CNY -927.0M |
| FY2017 | CNY -26.1M | CNY -918.6M |
| FY2016 | CNY -9.7M | CNY -253.6M |