REVENUE FROM CONTRACTS WITH CUSTOMERS |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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REVENUE FROM CONTRACTS WITH CUSTOMERS | 3.REVENUE FROM CONTRACTS WITH CUSTOMERS Disaggregated Revenues The following tables present the Group’s revenues disaggregated by the nature of the product or service:
Contract Balances The Group’s contract assets are insignificant at December 31, 2024 and June 30, 2025.
The contract liabilities balances above are classified as deferred revenue on the consolidated balance sheet, as of December 31, 2024 and June 30, 2025. The Group recognized revenues that were previously deferred as contract liabilities of RMB495 and RMB503 during the six months ended June 30, 2024 and 2025, respectively. |