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Leases (Tables) | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Summary of lease cost | (a) The following table sets forth the breakdown of leasing expenses:
|  | For the years ended December 31, |
|  | 2019 |
|  | RMB |
Lease cost: |  |  |  |
Amortization of right-of-use assets |  |  | 44,190 |
Interest of lease liabilities |  |  | 5,183 |
Expenses for short-term leases within 12 months |  |  | 1,499 |
Total lease cost |  |  | 50,872 |
Summary of supplemental cash flow | (b) The following table sets forth the supplemental cash flow information related to leases:
|  | For the years ended December 31, |
|  | 2019 |
|  | RMB |
Other information: |  |  |  |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating lease payments |  |  | 51,370 |
Summary of weighted-average remaining lease term and discount rate | (c) The following table sets forth the weighted-average remaining lease term and discount rate:
|  | As of December 31, |
|  | 2019 |
Weighted-average remaining lease term |  |  |  |
Operating leases |  |  | 2.46 years |
Weighted-average discount rate |  |  |  |
Operating leases |  |  | 4.75 | %
Summary of maturities of lease liabilities | (d) The following table sets forth the maturities of lease liabilities:
|  | For the years ended December 31, |
|  | 2019 |
|  | RMB |
2020 |  |  | 45,174 |
2021 |  |  | 40,688 |
2022 |  |  | 15,285 |
2023 |  |  | 640 |
Total undiscounted lease payments |  |  | 101,787 |
Less: imputed interest |  |  | (16,644 | )
Total lease liabilities |  |  | 85,143 |
Summary of non-cancellable future minimum lease payments | (e) The following table sets forth the non-cancellable future minimum lease payments for the Group’s operating leases under the previous lease standard (“ASC Topic 840”) as of December 31, 2018:
|  | As of December 31, |
|  | 2018 |
|  | RMB |
2019 |  |  | 58,406 |
2020 |  |  | 45,077 |
2021 |  |  | 40,221 |
2022 |  |  | 14,826 |
Thereafter |  |  | 640 |
Total |  |  | 159,170 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + 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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