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Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of fair value of assets measured on recurring basis
The following table sets forth the major financial instruments, measured at fair value, by level within the fair value hierarchy as of December 31, 2019 and September 30, 2020:
 
    
Fair value measurements
 
    
Total
    
Quoted prices in active
market for identical
assets (Level 1)
    
Significant other
observable inputs
(Level 2)
 
    
RMB
    
RMB
    
RMB
 
As of December 31, 2019
                          
Time deposits
     1,325,737        1,325,737        —    
Short-term investments
     121,126        —          121,126  
    
 
 
    
 
 
    
 
 
 
Total
  
 
1,446,863
 
  
 
1,325,737
 
  
 
121,126
 
    
 
 
    
 
 
    
 
 
 
As of September 30, 2020
                          
Time deposits
     817,475        817,475        —    
Short-term investments
     237,418        —          237,418  
    
 
 
    
 
 
    
 
 
 
Total
  
 
1,054,893
 
  
 
817,475
 
  
 
237,418