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Leases (Tables) | 12 Months Ended
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Dec. 31, 2019
Leases |
Summary of supplemental information related to operating leases |
|  | As of December 31, 2019 |
|  | RMB |
Operating lease ROU assets |  |  | 8,643,597 |
Operating lease liabilities-current |  |  | 3,193,480 |
Operating lease liabilities-non-current |  |  | 5,523,164 |
Total operating lease liabilities |  |  | 8,716,644 |
Weighted average remaining lease term |  |  | 4.4 years |
Weighted average discount rate |  |  | 4.7 | %
Summary of lease cost recognized and supplemental cash flow information related to operating leases |
|  | For the year ended December 31, 2019 |
|  | RMB |
Operating lease cost |  |  | 3,377,389 |
Short-term lease cost |  |  | 1,212,899 |
Total (*) |  |  | 4,590,288 |
Cash paid for operating leases |  |  | 3,460,898 |
(*) | The lease expenses based on ASC 840 were RMB 3,086,709 and RMB 4,571,036 for the years ended December 31, 2017 and 2018, respectively.
Summary of maturity of lease liabilities |
|  | As of December 31, 2019 |
|  | RMB |
2020 |  |  | 3,267,527 |
2021 |  |  | 2,187,920 |
2022 |  |  | 1,549,062 |
2023 |  |  | 1,085,230 |
2024 |  |  | 664,785 |
2025 and thereafter |  |  | 926,265 |
Total lease payments |  |  | 9,680,789 |
Less: interest |  |  | (964,145 | )
Present value of operating lease liabilities |  |  | 8,716,644 |
Schedule of future minimum lease payments under non-cancelable operating lease agreements | As of December 31, 2018, the future minimum lease payments under the Group’s non-cancelable operating lease agreements based on ASC 840 are as follows:
|  | As of December 31, 2018 |
|  | RMB |
2019 |  |  | 3,596,926 |
2020 |  |  | 2,553,344 |
2021 |  |  | 1,452,812 |
2022 |  |  | 907,116 |
2023 |  |  | 459,342 |
2024 and Thereafter |  |  | 1,044,818 |
|  |  | 10,014,358 |

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- Definition Disclosure of supplemental balance sheet information related to operating leases. + References No definition available. + Details
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- Definition Summary of lease cost recognized and supplemental cash flow information related to operating leases. + References No definition available. + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
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