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Income Tax Expenses (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Summary of Components of Current and Deferred Income Taxes

The current and deferred components of income taxes appearing in the consolidated statements of operations are as follows:

		Year ended December 31,
		2021		2022		2023
		RMB		RMB		RMB
Income (loss) before income tax expense		(1,547,959)		(818,628)		(753,437)
Current tax expense		4,507		11,065		5,445
Deferred tax expense (benefits)		(5,428)		(8,360)		(8,655)
Total income tax expense (benefits)		(921)		2,705		(3,210)

Schedule of Effective Income Tax Rate Reconciliation

The income tax expense for each of the years ended December 31, 2021, 2022 and 2023 differs from the amount computed by applying the PRC statutory income tax rate of 25% to income before income tax expense due to the following:

		Year ended December 31,
		2021		2022		2023
PRC statutory income tax rate		25%		25%		25%
Permanent differences		-9%		-12%		-15%
Tax effect of different tax rate of different jurisdictions		0%		0%		0%
Tax effect of Super Deduction and others		1%		1%		0%
Changes in valuation allowance		-17%		-14%		-10%
Effective tax rates		0%		0%		0%

Schedule of Deferred Tax Assets and Liabilities

The significant components of the Group's deferred tax assets were as follows:

		As of December 31,
		2022		2023
		RMB		RMB
Net operating loss carry forwards		578,992		664,985
Inventory valuation allowance		26,187		16,752
Accrued expenses and others		29,150		26,389
Total deferred tax assets		634,329		708,126
Less: valuation allowance		(632,378)		(706,751)
Deferred tax assets, net		1,951		1,375

The Group's deferred tax liability was as follows:

		As of December 31,
		2022		2023
		RMB		RMB
Related to acquired intangible assets		113,441		111,591

Movement of Valuation Allowance

Movement of valuation allowance

		Year ended December 31,
		2022		2023
		RMB		RMB
Balance at beginning of the year		514,500		632,378
Additions		117,878		74,373
Balance at end of the year		632,378		706,751

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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.

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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.

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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.

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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.

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