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Consolidated Statements of Operations
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Dec. 31, 2022
USD ($)
$ / shares
shares
Dec. 31, 2021
CNY (¥)
¥ / shares
shares
Dec. 31, 2020
CNY (¥)
¥ / shares
shares
Revenues:        
Total revenues ¥ 3,128,877 $ 453,644 ¥ 4,326,600 ¥ 3,324,712
Less: VAT related surcharges (28,505) (4,133) (33,506) (18,886)
Net revenues 3,100,372 449,511 4,293,094 3,305,826
Operating cost and expenses:        
Relationship manager compensation (497,147) (72,080) (920,896) (613,999)
Performance-based compensation (7,039) (1,021) (158,043) (85,413)
Other compensations (937,696) (135,953) (1,089,941) (804,600)
Total compensation and benefits (1,441,882) (209,054) (2,168,880) (1,504,012)
Selling expenses (349,014) (50,602) (437,131) (271,692)
General and administrative expenses (235,319) (34,118) (383,321) (277,879)
(Provision for) reversal of credit losses 424 61 (112,959) (8,083)
Other operating expenses, net (115,653) (16,768) (107,844) (99,040)
Government subsidies 129,521 18,779 115,939 113,356
Total operating cost and expenses (2,011,923) (291,702) (3,094,196) (2,047,350)
Loss from operations 1,088,449 157,809 1,198,898 1,258,476
Other (expenses) income:        
Interest income 61,416 8,904 71,866 67,317
Investment (loss) income 85,554 12,404 65,426 (86,369)
Settlement expenses     (19,900) (1,828,907)
Contingent litigation expenses (99,000) (14,354)    
Other income (expense) 13,130 1,904 (18,240) 4,164
Total other (expenses) income 61,100 8,858 99,144 (1,843,795)
(Loss) income before taxes and income from equity in affiliates 1,149,549 166,667 1,298,042 (585,319)
Income tax expense (267,108) (38,727) (293,940) (258,460)
Income from equity in affiliates 89,148 12,925 301,979 100,257
Net (loss) income 971,589 140,865 1,306,081 (743,522)
Less: net income (loss) attributable to non-controlling interests (4,982) (722) (8,050) 1,703
Net (loss) income ¥ 976,571 $ 141,587 ¥ 1,314,131 ¥ (745,225)
Net (loss) income per share:        
Basic | (per share) ¥ 28.58 $ 4.14 ¥ 39.12 ¥ (24.02)
Diluted | (per share) ¥ 28.56 $ 4.14 ¥ 38.90 ¥ (24.02)
Weighted average number of shares used in computation:        
Basic | shares 34,166,016 34,166,016 33,585,818 31,020,439
Diluted | shares 34,198,071 34,198,071 33,781,773 31,020,439
One Time Commissions        
Revenues:        
Total revenues ¥ 681,445   ¥ 1,271,416 ¥ 808,837
Recurring Service Fees        
Revenues:        
Total revenues 1,914,415   2,109,009 1,930,199
Performance Based Income        
Revenues:        
Total revenues 309,576   784,193 389,525
Other Service        
Revenues:        
Total revenues 223,441   161,982 196,151
Other        
Revenues:        
Total revenues 1,794,105 $ 260,121 2,598,479 1,755,851
Other | One Time Commissions        
Revenues:        
Total revenues 617,636 89,549 1,130,894 679,014
Other | Recurring Service Fees        
Revenues:        
Total revenues 768,980 111,492 913,700 700,157
Other | Performance Based Income        
Revenues:        
Total revenues 184,048 26,684 391,903 180,529
Other | Other Service        
Revenues:        
Total revenues 223,441 32,396 161,982 196,151
Funds Gopher manages        
Revenues:        
Total revenues 1,334,772 193,523 1,728,121 1,568,861
Funds Gopher manages | One Time Commissions        
Revenues:        
Total revenues 63,809 9,251 140,522 129,823
Funds Gopher manages | Recurring Service Fees        
Revenues:        
Total revenues 1,145,435 166,072 1,195,309 1,230,042
Funds Gopher manages | Performance Based Income        
Revenues:        
Total revenues ¥ 125,528 $ 18,200 ¥ 392,290 ¥ 208,996