XML 63 R46.htm IDEA: XBRL DOCUMENT
v3.21.1

INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
INCOME TAXES |
Summary of income (loss) before income taxes | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ |  | 2018 |  | 2019 |  | 2020
PRC including Hong Kong and Taiwan |  | 1,583 |  | 2,334 |  | (392)
Germany |  | — |  | — |  | (1,606)
Other |  | (190) |  | 231 |  | (281)
Total |  | 1,393 |  | 2,565 |  | (2,279)
Schedule of tax expense (benefit) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ |  | 2018 |  | 2019 |  | 2020
Current Tax |  | 660 |  | 678 |  | 338
Deferred Tax |  | (91) |  | (38) |  | (553)
Total |  | 569 |  | 640 |  | (215)
Schedule of a reconciliation between the effective income tax rate and PRC statutory income tax rate | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31, | ​
​ |  | 2018 |  | 2019 |  | 2020 | ​
PRC statutory tax rate |  | 25 | % | 25 | % | 25 | %
Tax effect of non-deductible expenses and non-taxable income in determining taxable profit |  | 15 | % | (3) | % | (6) | %
Effect of different tax rate of group entities operating in other jurisdictions |  | 4 | % | 1 | % | (2) | %
Effect of change in valuation allowance |  | (1) | % | 2 | % | (10) | %
Effect of tax holiday |  | (3) | % | (2) | % | 1 | %
Effect of cash dividends |  | 5 | % | 4 | % | 0 | %
Effect of disposal of subsidiary |  | 1 | % | — | ​ | — | ​
Effect of excess tax benefit of rewards |  | (5) | % | (2) | % | 1 | %
Effective tax rate |  | 41 | % | 25 | % | 9 | %
Schedule of the aggregate amount and per share effect of the tax holidays | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ |  | 2018 |  | 2019 |  | 2020
Aggregate amount |  | 31 |  | 45 |  | 31
Per share effect—basic |  | 0.11 |  | 0.16 |  | 0.11
Per share effect—diluted |  | 0.10 |  | 0.15 |  | 0.11
Schedule of the principal components of the Group's deferred income tax assets and liabilities | ​
​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2019 | ​ | 2020
Deferred tax assets: |  |  |  |
Net loss carryforward |  | 243 |  | 888
Deferred revenue |  | 260 |  | 283
Long-term assets |  | 125 |  | 388
Bad debt provision |  | 7 |  | 18
Accrued payroll |  | 23 |  | 69
Other accrued expenses |  | 19 |  | 3
Share-based compensation |  | 23 |  | 31
Others |  | 0 |  | 12
Valuation allowance |  | (152) |  | (369)
Total deferred tax assets, net of valuation allowance |  | 548 |  | 1,323
Deferred tax liabilities: |  |  |  | ​
Fair value adjustment for Building, land use rights and identified intangible assets due to acquisition |  | 449 |  | 1,782
Others |  | 42 |  | 99
Total deferred tax liabilities | ​ | 491 |  | 1,881
Net deferred tax assets (liabilities) | ​ | 57 | ​ | (558)
Analysis as: | ​ | ​ | ​ | ​
Deferred tax assets | ​ | 548 | ​ | 623
Deferred tax liabilities | ​ | 491 | ​ | 1,181
Net deferred tax assets (liabilities) |  | 57 | ​ | (558)
Summary of movement of the valuation allowance | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ | ​ | 2018 | ​ | 2019 | ​ | 2020
Balance at the beginning of the year |  | (123) |  | (107) |  | (152)
Provided |  | (36) |  | (79) |  | (249)
Reversed |  | 43 |  | 24 |  | 32
Written off |  | 9 |  | 10 |  | —
Balance at the end of the year |  | (107) |  | (152) |  | (369)
Schedule of unrecognized tax benefits | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ |  | 2018 |  | 2019 |  | 2020
Balance at January 1 |  | 26 |  | 14 |  | 18
Addition for tax positions |  | (12) |  | 4 |  | 32
Balance at December 31 |  | 14 |  | 18 |  | 50

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 55 -Paragraph 217 -URI http://asc.fasb.org/extlink&oid=121610041&loc=d3e36027-109320 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319 + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the income tax exemptions and reductions which have been granted by taxing authorities for a specified period, applicable term of the exemptions and reductions, estimated dollar value of tax benefits, and per share benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 11.C) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330215-122817 + Details
Name: | us-gaap_SummaryOfIncomeTaxHolidayTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
Name: | us-gaap_SummaryOfValuationAllowanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration