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Accounts receivable and contract assets (Tables) | 12 Months Ended
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Dec. 31, 2019
Text Block [Abstract] |
Schedule of accounts receivable | The following table presents the accounts receivable as of December 31, 2018 and 2019:
|  | As of December 31, |
|  | 2018 |  |  | 2019 |
|  | RMB |  |  | RMB |
Accounts receivable (adjusted, Note 2(ah)) |  |  | 862,586 |  |  |  | 1,028,004 |
Allowance for doubtful accounts (adjusted, Note 2(ah)) |  |  | (50,544 | ) |  |  | (145,699 | )
Accounts receivable, net |  |  | 812,042 |  |  |  | 882,305 |
Schedule of aging of past-due accounts receivable | The following table presents the aging of past-due accounts receivable or more by type of fee as of December 31, 2018 and 2019:
|  | Current |  |  | 1-89 days past due |  |  | 90-119 days Past due |  |  | 120-149 days Past due |  |  | 150-179 days Past due |  |  | Total accounts receivable |
December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loan facilitation |  |  | 765,354 |  |  |  | 38,768 |  |  |  | 8,193 |  |  |  | 8,086 |  |  |  | 7,720 |  |  |  | 828,121 |
Post facilitation |  |  | 10,310 |  |  |  | 4,197 |  |  |  | 1,689 |  |  |  | 1,877 |  |  |  | 1,926 |  |  |  | 19,999 |
Other |  |  | 14,466 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 14,466 |
Total |  |  | 790,130 |  |  |  | 42,965 |  |  |  | 9,882 |  |  |  | 9,963 |  |  |  | 9,646 |  |  |  | 862,586 |
December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loan facilitation |  |  | 793,608 |  |  |  | 78,878 |  |  |  | 22,058 |  |  |  | 20,440 |  |  |  | 18,920 |  |  |  | 933,904 |
Post facilitation |  |  | 38,710 |  |  |  | 11,487 |  |  |  | 4,956 |  |  |  | 5,238 |  |  |  | 5,346 |  |  |  | 65,737 |
Other |  |  | 28,363 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 28,363 |
Total |  |  | 860,681 |  |  |  | 90,365 |  |  |  | 27,014 |  |  |  | 25,678 |  |  |  | 24,266 |  |  |  | 1,028,004 |
Schedule of Movement of Provision for Accounts Receivable | The following table sets forth the movement of provision for accounts receivable as of December 31, 2018 and 2019, respectively:
|  | For the Years Ended December 31, |
|  | 2018 |  |  | 2019 |
|  | RMB |  |  | RMB |
Beginning balance |  |  | — |  |  |  | 50,544 |
Impact due to adoption of new revenue standard |  |  | 16,501 |  |  |  | — |
Current period accrual |  |  | 107,352 |  |  |  | 274,375 |
Current period reversal |  |  | (700 | ) |  |  | (12,493 | )
Current period write-off |  |  | (72,609 | ) |  |  | (166,727 | )
Ending balance |  |  | 50,544 |  |  |  | 145,699 |
Schedule of Contract with Customer, Assets | The following table sets forth the contract assets as of December 31, 2018 and 2019:
|  | As of December 31, |
|  | 2018 |  |  | 2019 |
|  | RMB |  |  | RMB |
Investment management fee for investment programs |  |  | 110,321 |  |  |  | 20,555 |
Contract acquisition cost |  |  | 1,782 |  |  |  | — |
|  |  | 112,103 |  |  |  | 20,555 |
Schedule of Movement of Contract Assets | The following table sets forth the movement of contract assets for the years ended December 31, 2018 and 2019:
|  | For the Years Ended December 31, |
|  | 2018 |  |  | 2019 |
|  | RMB |  |  | RMB |
Beginning balance |  |  | — |  |  |  | 112,103 |
Impact due to adoption of new revenue standard |  |  | 53,084 |  |  |  | — |
Recognition of investment management fee |  |  | 208,471 |  |  |  | 109,423 |
Recognition of contract acquisition cost |  |  | 4,186 |  |  |  | — |
Settlement upon maturity of investment programs |  |  | (146,483 | ) |  |  | (199,189 | )
Settlement upon fulfilment of contract |  |  | (7,155 | ) |  |  | (1,782 | )
Ending balance |  |  | 112,103 |  |  |  | 20,555 |

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