UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) ¥ in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
|
Jun. 30, 2022
USD ($)
$ / shares
shares
|
Jun. 30, 2022
CNY (¥)
¥ / shares
shares
|
Jun. 30, 2021
CNY (¥)
¥ / shares
shares
|
Jun. 30, 2022
USD ($)
$ / shares
shares
|
Jun. 30, 2022
CNY (¥)
¥ / shares
shares
|
Jun. 30, 2021
CNY (¥)
¥ / shares
shares
|
|
| NET REVENUES | ||||||
| Total net revenues | $ 16,412 | ¥ 109,928 | ¥ 172,251 | $ 30,463 | ¥ 204,043 | ¥ 301,856 |
| COST OF REVENUES | ||||||
| Total cost of revenues | (9,683) | (64,855) | (96,322) | (19,092) | (127,878) | (181,305) |
| GROSS PROFIT | 6,729 | 45,073 | 75,929 | 11,371 | 76,165 | 120,551 |
| Operating expenses: | ||||||
| Selling and marketing | (1,121) | (7,511) | (13,422) | (2,576) | (17,253) | (24,422) |
| General and administrative | (8,413) | (56,349) | (38,412) | (13,443) | (90,043) | (85,357) |
| Research and development | (463) | (3,101) | (3,757) | (986) | (6,603) | (5,602) |
| Total operating expenses | (9,997) | (66,961) | (55,591) | (17,005) | (113,899) | (115,381) |
| OPERATING (LOSS) INCOME | (3,268) | (21,888) | 20,338 | (5,634) | (37,734) | 5,170 |
| OTHER INCOME (EXPENSES) | ||||||
| Interest income, net | 258 | 1,726 | 1,948 | 534 | 3,574 | 4,008 |
| Foreign exchange (loss) gain, net | 6 | 43 | (12) | (6) | (39) | 203 |
| Other income (expense), net | 118 | 793 | (240) | 163 | 1,094 | (1,180) |
| Gain from deregistration of subsidiaries | 14 | 91 | 1,181 | 44 | 295 | 1,325 |
| Loss on disposal of subsidiaries | (168) | (1,124) | (168) | (1,124) | ||
| Gain on sale of investment available for sale | 119 | 799 | 474 | 119 | 799 | 1,221 |
| Total other income | 347 | 2,328 | 3,351 | 686 | 4,599 | 5,577 |
| (LOSS) INCOME BEFORE INCOME TAX AND NON-CONTROLLING INTEREST | (2,921) | (19,560) | 23,689 | (4,948) | (33,135) | 10,747 |
| Income tax expense | (7,876) | (52,756) | (1,526) | (8,517) | (57,050) | (3,155) |
| NET (LOSS) INCOME | (10,797) | (72,316) | 22,163 | (13,465) | (90,185) | 7,592 |
| Less: Net loss attributable to non-controlling interest | (130) | (868) | (277) | (174) | (1,167) | (519) |
| NET (LOSS) INCOME ATTRIBUTABLE TO ORDINARY SHAREHOLDERS | (10,667) | (71,448) | 22,440 | (13,291) | (89,018) | 8,111 |
| NET (LOSS) INCOME | (10,797) | (72,316) | 22,163 | (13,465) | (90,185) | 7,592 |
| OTHER COMPREHENSIVE (LOSS) INCOME, NET OF TAX | ||||||
| Foreign currency translation adjustments | (87) | (584) | (532) | (161) | (1,079) | (417) |
| Unrealized gains on short-term investments | ||||||
| Unrealized holding gains arising during period | 33 | 224 | 493 | 74 | 497 | 1,075 |
| Less: reclassification adjustment for gains included in net income | 101 | 674 | 308 | 101 | 674 | 852 |
| Other comprehensive loss | (155) | (1,034) | (347) | (188) | (1,256) | (194) |
| TOTAL COMPREHENSIVE (LOSS) INCOME | $ (10,952) | ¥ (73,350) | ¥ 21,816 | $ (13,653) | ¥ (91,441) | ¥ 7,398 |
| Net (loss) income per share-basic | (per share) | $ (0.23) | ¥ (1.53) | ¥ 0.48 | $ (0.28) | ¥ (1.90) | ¥ 0.17 |
| Net (loss) income per share-diluted | (per share) | $ (0.23) | ¥ (1.53) | ¥ 0.48 | $ (0.28) | ¥ (1.90) | ¥ 0.17 |
| Weighted average shares used in calculating basic net (loss) income per share | 46,825,968 | 46,825,968 | 46,648,495 | 46,756,368 | 46,756,368 | 46,642,280 |
| Weighted average shares used in calculating diluted net (loss) income per share | 46,825,968 | 46,825,968 | 46,648,495 | 46,756,368 | 46,756,368 | 46,642,280 |
| Educational program and services | ||||||
| NET REVENUES | ||||||
| Total net revenues | $ 15,732 | ¥ 105,373 | ¥ 171,590 | $ 29,697 | ¥ 198,912 | ¥ 301,104 |
| COST OF REVENUES | ||||||
| Total cost of revenues | (9,222) | (61,767) | (95,536) | (18,571) | (124,389) | (179,375) |
| Intelligent program and services | ||||||
| NET REVENUES | ||||||
| Total net revenues | 680 | 4,555 | 661 | 766 | 5,131 | 752 |
| COST OF REVENUES | ||||||
| Total cost of revenues | $ (461) | ¥ (3,088) | ¥ (786) | $ (521) | ¥ (3,489) | ¥ (1,930) |
| X | ||||||||||
- Definition Gain from deregistration of subsidiaries. No definition available.
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| X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The net realized gain (loss) on investments sold during the period, not including gains (losses) on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity, which, for cash flow reporting, is a component of proceeds from investing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of equity in securities of subsidiaries. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The net amount of nonoperating interest income (expense). No definition available.
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| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount, after tax and before adjustment, of unrealized holding gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Excludes unrealized gain (loss) on investment in debt security measured at amortized cost (held-to-maturity) from transfer to available-for-sale. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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