XML 54 R38.htm IDEA: XBRL DOCUMENT v3.23.2

Parent only financial information

12 Months Ended

Dec. 31, 2022

Parent only financial information

Parent only financial information

30. Parent only financial information

The following condensed financial statements of the Company have been prepared using the same accounting policies as set out in the accompanying consolidated financial statements. As of December 31, 2022, there were no material contingencies, significant provisions of long-term obligations, mandatory dividend or redemption requirements of convertible redeemable preferred shares or guarantees of the Company, except for those, which have been separately disclosed in the consolidated financial statements.

(a) Condensed Balance Sheets

​

​	​	​	​	​
​		As of December 31,
​		2021		2022
​	​	RMB	​	RMB
ASSETS	​	​	​	​
Current assets	​		​
Cash	​	158,755	​	119,022
Prepayments and other assets	​	5,751		35
Amounts due from related parties	​	3,217,624		4,168,615
Total current assets	​	3,382,130		4,287,672
​	​	​	​	​
Non-current assets	​	​	​	​
Long-term investments	​	—	​	69,319
Total non-current assets	​	—	​	69,319
Total assets	​	3,382,130		4,356,991
​	​	​	​	​
Current Liabilities	​
Accounts payable	​	108		—
Accrued expenses and other current liabilities	​	—	​	146,507
Amounts due to related parties	​	85,390		18,925
Share of losses in excess of investments in subsidiaries and VIEs	​	2,866,711		3,928,883
Total current liabilities	​	2,952,209		4,094,315
​	​	​	​	​
Non-current liabilities	​	​	​	​
Convertible notes payable	​	—	​	439,869
Total non-current liabilities	​	—	​	439,869
Total liabilities	​	2,952,209		4,534,184
​	​	​	​	​
MEZZANINE EQUITY	​
Series Angel Redeemable Convertible Preferred Shares	​	283,585		—
Series A Redeemable Convertible Preferred Shares	​	1,429,313		—
Series A+ Redeemable Convertible Preferred Shares	​	1,386,671		—
Series A++ Redeemable Convertible Preferred Shares	​	475,413		—
Series B Redeemable Convertible Preferred Shares	​	1,117,317		—
Subscription receivable from a Series B Redeemable Convertible Preferred Shareholder	​	(159,392)		—
Total mezzanine equity	​	4,532,907		—
​	​	​	​	​
SHAREHOLDERS’ DEFICIT	​
Ordinary Shares	​	7		—
Class A Ordinary Shares	​	—	​	9
Class B Ordinary Shares	​	—	​	1
Treasury Shares	​	—		—
Additional paid-in capital	​	—		5,919,660
Accumulated deficit	​	(4,109,041)		(5,710,977)
Accumulated other comprehensive income (loss)	​	6,048		(385,886)
Total shareholders’ deficit	​	(4,102,986)		(177,193)
Total liabilities, mezzanine equity and shareholders’ deficit	​	3,382,130		4,356,991

​

​

(b) Condensed statements of comprehensive loss

​

​	​	​	​	​	​	​
​		Year end of December 31,
​		2020		2021		2022
​	​	RMB	​	RMB	​	RMB
General and administrative expenses	​	—	​	(17,660)	​	(26,005)
Interest income	​	431	​	885	​	6,565
Interest expenses	​	—	​	(514)		(3,132)
Foreign currency exchange gains (losses)	​	55,213	​	12,478		(14,459)
Change in fair value of an equity security	​	—	​	—	​	(16,843)
Share of losses from subsidiaries and VIEs	​	(495,303)	​	(1,176,110)		(1,486,141)
Loss before income taxes	​	(439,659)	​	(1,180,921)		(1,540,015)
Income tax expenses	​	—	​	—		—
Net loss	​	(439,659)	​	(1,180,921)		(1,540,015)

​

(c) Condensed statements of cash flows

​

​	​	​	​	​	​	​
​		Year ended December 31,
​		2020		2021		2022
​	​	RMB	​	RMB	​	RMB
Net cash used in operating activities	​	(266)	​	(22,741)	​	(22,893)
Net cash used in investing activities	​	(97,873)	​	(3,121,321)	​	(734,299)
Net cash provided by financing activities	​	206,422	​	3,222,206		729,767
Effect of foreign currency exchange rate changes on cash	​	(10,012)	​	(17,660)		(12,308)
Net increase in cash	​	98,271	​	60,484		(39,733)
Cash at beginning of the year	​	—	​	98,271		158,755
Cash at end of the year	​	98,271	​	158,755		119,022

​

X

- References

No definition available.

+ Details

Name:	srt_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix:	srt_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section S99
-Paragraph 6
-Subparagraph (SX 210.5-04(Schedule I))
-URI https://asc.fasb.org/extlink&oid=126898705&loc=d3e5864-122674

Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 11
-URI https://asc.fasb.org/extlink&oid=126929396&loc=d3e5283-111683

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690

+ Details

Name:	us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration