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CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY (Tables)
12 Months Ended
Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]  
Summary Of Condensed Balance Sheets Of The Parent Company
Balance sheets of the parent company
 
    
As of December 31,
2021
   
As of December 31,
2022
 
    
RMB
   
RMB
 
ASSETS
                
Current assets:
                
Cash and cash equivalents
     8,678       65,363  
Short-term investment
     195,679       70,125  
Amounts due from the group companies
     110,729       161,124  
Prepaid expenses and other current assets
     4,113       1,516  
    
 
 
   
 
 
 
Total current assets
  
 
319,199
 
 
 
298,128
 
    
 
 
   
 
 
 
     
Non-current
assets:
                
Long-term
investments
     46,562       39,817  
Investment in subsidiaries and VIEs
     1,114,353       1,020,937  
    
 
 
   
 
 
 
Total non-current assets
  
 
1,160,915
 
 
 
1,060,754
 
    
 
 
   
 
 
 
Total assets
  
 
1,480,114
 
 
 
1,358,882
 
    
 
 
   
 
 
 
     
LIABILITIES AND EQUITY
                
     
Current liabilities
                
Other payables and accruals
     2,218       3,852  
    
 
 
   
 
 
 
Total liabilities
  
 
2,218
 
 
 
3,852
 
    
 
 
   
 
 
 
     
Shareholders’ equity
                
     
Ordinary shares (US$0.000005 par value 20,000,000,000 shares authorized as of December 31, 2021 and 2022; 1,208,831,222 Class A ordinary shares and 949,960,000 Class B ordinary shares issued as of December 31, 2021 and 2022; 1,196,575,392 and 1,068,437,352 Class A ordinary shares and 949,960,000 and 949,960,000 Class B ordinary shares outstanding as of December 31, 2021 and 2022, respectively)
     70       70  
Additional
paid-in
capital
     7,342,344       7,332,098  
Accumulated other comprehensive (loss)/income
     (42,645     91,498  
Less: Treasury stock (12,255,830 and 140,393,870 shares as of December 31, 2021 and 2022, respectively)
     (44,228     (98,709
Accumulated deficit
     (5,777,645     (5,969,927
    
 
 
   
 
 
 
Total shareholders’ equity
  
 
1,477,896
 
 
 
1,355,030
 
    
 
 
   
 
 
 
     
Total liabilities and shareholders’ equity
  
 
1,480,114
 
 
 
1,358,882
 
    
 
 
   
 
 
 
Summary Of Condensed Statements Of Comprehensive Or Loss Of The Parent Company
Statements of comprehensive (loss)/income of the parent company
 
    
Year Ended
December 31,
2020
   
Year Ended
December 31,
2021
   
Year Ended
December 31,

2022
 
    
RMB
   
RMB
   
RMB
 
       
Operation expense
                        
Sales and marketing
     (2,927     (2,052     —    
General and administrative
     (15,089     (17,632     (10,706
    
 
 
   
 
 
   
 
 
 
Total operating expenses
  
 
(18,016
 
 
(19,684
 
 
(10,706
Share of (loss)/income of subsidiaries and VIEs
     (131,435     167,444       (115,080
Financial income/(expense), net
     3,303       (15,883     (12,283
Foreign exchange loss
     (198     (466     (134
Other
non-operating
income, net
     —         555       30  
    
 
 
   
 
 
   
 
 
 
(Loss)/income before income tax expense
  
 
(146,346
 
 
131,966
 
 
 
(138,173
    
 
 
   
 
 
   
 
 
 
Net (loss)/income
  
 
(146,346
 
 
131,966
 
 
 
(138,173
    
 
 
   
 
 
   
 
 
 
Net (loss)/income attributable to ordinary shareholders
  
 
(146,346
 
 
131,966
 
 
 
(138,173
    
 
 
   
 
 
   
 
 
 
       
Net (loss)/income
  
 
(146,346
 
 
131,966
 
 
 
(138,173
Other comprehensive (loss)/income
                        
Foreign currency translation
     110,010       35,433       134,143  
    
 
 
   
 
 
   
 
 
 
Total comprehensive (loss)/income
  
 
(36,336
 
 
167,399
 
 
 
(4,030
    
 
 
   
 
 
   
 
 
 
Summary Of Condensed Statements Of Cash Flows of The Parent Company
Statements of cash flows of the parent company
 
    
Year Ended
December 31,
2020
   
Year Ended
December 31,
2021
   
Year Ended
December 31,

2022
 
    
RMB
   
RMB
   
RMB
 
       
Net cash used in operating activities
     (29,257     (23,226     (9,075
    
 
 
   
 
 
   
 
 
 
Net cash generated from investing activities
     6,372       29,919       154,552  
    
 
 
   
 
 
   
 
 
 
Net cash (used in)/generated from financing activities
     (16,176     788       (94,752
    
 
 
   
 
 
   
 
 
 
Effect of exchange rate changes on cash, cash equivalents and restricted cash
     (163     (2,457     5,960  
    
 
 
   
 
 
   
 
 
 
Net (decrease)/increase in cash, cash equivalents and restricted cash
  
 
(39,224
 
 
5,024
 
 
 
56,685
 
    
 
 
   
 
 
   
 
 
 
Cash, cash equivalents and restricted cash at beginning of the year
     42,878       3,654       8,678  
Cash, cash equivalents and restricted cash at end of the year
  
 
3,654
 
 
 
8,678
 
 
 
65,363