China Tracker - Details for ATA Inc. (ATAI)

 ATA Inc.
Shares Outstanding (MRQ): 44.40 mill 
New Shares / Dilution (TTM): -0.40 mill-0.89%
Cash (MRQ): 45.13 mill25.77% 
Account Receivables (MRQ): 6.84 mill3.90%
Account Receivables (Q/Q): -2.54 mill  
Long-Term Debt (MRQ): 0.65 mill0.37%
Revenue Growth (Q/Q): 314.20% 
Revenue Growth (Y/Y): 77.81%
Net Income Growth (Q/Q): N/A (BACK TO PROFITABILITY) 
Net Income Growth (Y/Y): 268.93%
EPS Growth (Y/Y): 272.25%
Net Margin (Q/Q): 23.7% (-40.6%)64.30% 
Net Margin (Y/Y): 23.7% (11.4%)12.30% 
EPS | P/E (2 MRQ Projection): $0.1330.67
Price/Sales (2 MRQ Projection): 3.43
Price/Book (MRQ): 3.12
Auditor: KPMG
* operating cash flow data not (yet) included
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2010-10-31): $0.02197.20
 Basic Facts and History (show more)
Reporting Type: Foreign Company (20-F Filings) 
Going Public: IPO on 2008-01-29 
IPO Price: $9.50 (-58.49% since IPO)

 Business Outlook

For Fiscal Year 2012, ATA believes revenue will be between US$60.3 million and US$63.4 million and net income between US$6.1 million and US$6.9 million. "We remain very optimistic about the growth opportunities in each of our business lines. We are confident that ATA will continue to see accelerating growth from our platform testing business while achieving greater profitability from HR Select and TOEIC. We expect contributions from HR Select, despite being a relatively small portion of our revenue, to help offset the inherent lumpiness of our core business from quarter to quarter. We also expect to realize benefits from the investments made during FY 2011 in designing and implementing new, large-scale tests, such as the nationwide security guard certification exam. In addition, we will continue to further develop and enhance ATA's testing capabilities as our client needs evolve, which will help to identify and attract new test takers on our established test titles. We think this reflects the inherent scalability of our business model as we work to provide access to fair and valid assessment exams to individuals of China's growing population. Our Company is continuing to generate excess cash flow and is well positioned to continue healthy, organic growth."

(Source: PR Newswire, 2011-06-01)

ATA Inc. today announced that its Board of Directors has declared a special cash dividend of $0.43 per American Depositary Share (ADS). The total amount of cash distributed in the dividend is expected to be approximately $10.0 million. The dividend will be paid on or around August 1, 2011 to all shareholders of record as of the close of business on June 30, 2011. "We feel that this special dividend is a strong indicator of our ability to produce free cash flow and allows us to return capital to our loyal shareholders."

(Source: PR Newswire, 2011-06-01)

For its fiscal year ending March 31, 2011, ATA continues to expect net revenues to be in the range of RMB280 million to RMB300 million, which would be up 14.3% to 22.4% from its net revenues in fiscal year 2010 of RMB245.0 million.

(Source: PR Newswire, 2011-02-21)

    see all Business Outlook notes

 Analyst Coverage (show more)
2011-08-08Piper JaffrayReiterationOverweight$17.00
2011-08-05Piper JaffrayReiterationOverweight$15.00
2011-02-22Piper JaffrayUpgradeOverweight$6.00
2010-12-02Signal HillDowngradeSuspendedn/a

ATAI is currently followed by 2 analysts. Both give the stock a positive rating. The average price target is 16.00, which implies 305.67% upside from current price.

    see all Analyst Ratings
READ: Score Cards Explained
DETAILS: Safety/Risk Model for ATAI
Current Price:  $3.94
F10k Day (2008-01-29): -54.93%$8.75
2009 Close: -11.77%$4.47
2010 Close: 8.05%$3.65
2011 Close: -47.42%$7.50
High (2012-02-24): -47.28%$7.48
Low (2012-06-15): 27.63%$3.09
Exchange: NGM
Market Capitalization: 175.11 mill
Total Shares: 44.40 mill
Float: 8,374,000.00 mill
Avg Volume: 23.40 k
Short Interest: 189.50 k
Short Ratio: 2.22%8.1 d
Last Quarter: 2010-12-31
Revenue (MRQ): 20.59 mill
Net Income (MRQ): 4.87 mill
all financial data provided without warranty