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Leases | 12 Months Ended
--- | ---
Dec. 31, 2024
Leases |
Leases |
20. | Leases
The Group leases certain office premises and equipment to support its core business under noncancelable leases. The Group determines if an arrangement is a lease at inception. Some lease agreements contain lease and non-lease components, which the Group chooses not to account for as separate components as the Group has elected the practical expedient. The Group also elected the short-term lease exemption for all contracts with lease terms of 12 months or less. As of December 31, 2023 and 2024, the Group had 1 and nil long-term lease respectively that were classified as financing leases. As of December 31, 2023 and 2024, the Group had no significant lease contract that has been entered into but not yet commenced. Some leases were terminated before the expiration of the lease term, the relevant right-of-use asset and the lease liability were derecognized with the difference amounted to RMB 384 recognized under operating costs and expenses in the consolidated statements of operations. The noncash decrease of operating lease right-of-use assets was RMB 9,520. A summary of supplemental information related to operating leases and financing leases were as follow: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31, |
​ |  | 2022 |  | 2023 |  | 2024 |
Operating leases-Weighted average remaining lease term |  | 1.82 | ​ | 2.03 | ​ | 1.43 | ​
Financing leases-Weighted average remaining lease term |  | 0.85 | ​ | 0.04 | ​ | N/A | ​
Operating leases-Weighted average discount rate |  | 6.41 | % | 5.10 | % | 4.00 | %
Financing leases-Weighted average discount rate |  | 8.92 | % | 7.10 | % | N/A | ​
​ The components of lease expense were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31,
​ | ​ | 2022 | ​ | 2023 | ​ | 2024
​ |  | RMB |  | RMB |  | RMB
Operating lease cost |  | 33,207 |  | 36,911 |  | 37,490
Financing lease cost |  |  |  |  |  | ​
Amortization of right-of-use assets |  | 190 |  | 87 |  | —
Interest on lease liabilities |  | 13 |  | 2 |  | —
Short-term lease cost |  | 7,710 |  | 8,520 |  | 5,441
Total |  | 41,120 |  | 45,520 |  | 42,931
​ ​
20. | Leases (continued)
Supplemental information related to the Group’s leases were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31,
​ | ​ | 2022 | ​ | 2023 | ​ | 2024
​ |  | RMB |  | RMB |  | RMB
Cash paid for operating leases |  | 40,235 |  | 31,988 |  | 35,491
Cash paid for financing leases |  |  |  | ​ |  | ​
Operating cash flows from finance leases |  | 41 |  | 56 |  | —
Financing cash flows from finance leases |  | 164 |  | 19 |  | —
​ Non-cash ROU assets in exchange for new lease liabilities: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31,
​ | ​ | 2022 | ​ | 2023 | ​ | 2024
​ |  | RMB |  | RMB |  | RMB
Operating leases |  | 10,220 | ​ | 67,122 | ​ | 63,570
​ The following is a maturity analysis as of December 31, 2024: ​
​ | ​ | ​
​ |  | As of December 31,
​ | ​ | 2024
​ | ​ | Operating Leases
​ | ​ | RMB
2025 | ​ | 35,286
2026 | ​ | 11,630
Subtotal | ​ | 46,916
Less: imputed interest | ​ | (1,372)
Lease liabilities | ​ | 45,544
​

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