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FINANCIAL STATEMENTS SCHEDULE I (Tables) | 12 Months Ended
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Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract] |
CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY BALANCE SHEETS | ADDITIONAL INFORMATION—FINANCIAL STATEMENTS SCHEDULE I CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY BALANCE SHEETS (AMOUNT IN THOUSANDS, EXCEPT SHARE AND SHARE RELATED DATA)
|  | 2018 |  |  | 2019 |
|  | RMB |  |  | RMB |  |  | US$ |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  | — |  |  |  | 27,223 |  |  |  | 3,910 |
Short-term investment |  |  | — |  |  |  | 69,618 |  |  |  | 10,000 |
Amounts due from subsidiaries and VIEs |  |  | — |  |  |  | 44,695 |  |  |  | 6,420 |
Amounts due from a related party |  |  | — |  |  |  | 124,862 |  |  |  | 17,935 |
Prepaid and other current assets |  |  | — |  |  |  | 1,117 |  |  |  | 160 |
Total current assets |  |  | — |  |  |  | 267,515 |  |  |  | 38,425 |
Investments in subsidiaries and VIEs |  |  | (1,652,006 | ) |  |  | (1,003,436 | ) |  |  | (144,135 | )
Total assets |  |  | (1,652,006 | ) |  |  | (735,921 | ) |  |  | (105,710 | )
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Current Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Accrued expenses and other current liabilities |  |  | — |  |  |  | 5,933 |  |  |  | 851 |
Total liabilities |  |  | — |  |  |  | 5,933 |  |  |  | 851 |
Equity |  |  |  |  |  |  |  |  |  |  |  |
Ordinary shares |  |  | — |  |  |  | — |  |  |  | — |
Additional paid-in capital |  |  | 395,472 |  |  |  | 777,408 |  |  |  | 111,668 |
Accumulated deficit |  |  | (2,047,478 | ) |  |  | (1,519,731 | ) |  |  | (218,296 | )
Other comprehensive income |  |  | — |  |  |  | 469 |  |  |  | 67 |
Total deficit |  |  | (1,652,006 | ) |  |  | (741,854 | ) |  |  | (106,561 | )
Total liabilities and deficit |  |  | (1,652,006 | ) |  |  | (735,921 | ) |  |  | (105,710 | )
CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY STATEMENTS OF COMPREHENSIVE INCOME | ADDITIONAL INFORMATION—FINANCIAL STATEMENTS SCHEDULE I CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY STATEMENTS OF COMPREHENSIVE INCOME (AMOUNT IN THOUSANDS, EXCEPT SHARE AND SHARE RELATED DATA)
|  | Year ended December 31, |
|  | 2017 |  |  | 2018 |  |  | 2019 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
Operating cost and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative |  |  | — |  |  |  | — |  |  |  | (2,886 | ) |  |  | (415 | )
Total operating cost and expenses |  |  | — |  |  |  | — |  |  |  | (2,886 | ) |  |  | (415 | )
Loss from operations |  |  | — |  |  |  | — |  |  |  | (2,886 | ) |  |  | (415 | )
Interest income |  |  | — |  |  |  | — |  |  |  | 4,910 |  |  |  | 705 |
Other income, net |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | — |
Income before taxes and income from equity in subsidiaries and VIEs |  |  | — |  |  |  | — |  |  |  | 2,025 |  |  |  | 290 |
Income tax expense |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Equity in earnings of subsidiaries and VIEs |  |  | 539,545 |  |  |  | 611,758 |  |  |  | 525,722 |  |  |  | 75,515 |
Net income |  |  | 539,545 |  |  |  | 611,758 |  |  |  | 527,747 |  |  |  | 75,805 |
Other comprehensive income, net of tax |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Change in cumulative foreign currency translation adjustment |  |  | — |  |  |  | — |  |  |  | 469 |  |  |  | 67 |
Other comprehensive income |  |  | — |  |  |  | — |  |  |  | 469 |  |  |  | 67 |
Comprehensive income |  |  | 539,545 |  |  |  | 611,758 |  |  |  | 528,216 |  |  |  | 75,872 |
CONSOLIDATED STATEMENTS OF COMPANY CASH FLOW STATEMENTS | ADDITIONAL INFORMATION—FINANCIAL STATEMENTS SCHEDULE I CONSOLIDATED STATEMENTS OF COMPANY CASH FLOW STATEMENTS (AMOUNT IN THOUSANDS, EXCEPT FOR SHARE AND PER SHARE DATA)
|  | Year ended December 31, |
|  | 2017 |  |  | 2018 |  |  | 2019 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
Cash flows from operating activities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  |  | 539,545 |  |  |  | 611,758 |  |  |  | 527,747 |  |  |  | 75,805 |
Adjustments to reconcile net income to net cash used in operating activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Share of results of subsidiaries and VIEs |  |  | (539,545 | ) |  |  | (611,758 | ) |  |  | (525,722 | ) |  |  | (75,515 | )
Depreciation and amortization |  |  | — |  |  |  | — |  |  |  | 2,020 |  |  |  | 290 |
Changes in operating assets and liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amounts due from a related party |  |  | — |  |  |  | — |  |  |  | (4,938 | ) |  |  | (709 | )
Amounts due from subsidiaries and VIEs |  |  |  |  |  |  |  |  |  |  | (44,695 | ) |  |  | (6,420 | )
Prepaid and other current assets |  |  | — |  |  |  | — |  |  |  | (3,137 | ) |  |  | (451 | )
Accrued expenses and other current liabilities |  |  | — |  |  |  | — |  |  |  | 5,933 |  |  |  | 851 |
Net cash used in operating activities |  |  | — |  |  |  | — |  |  |  | (42,792 | ) |  |  | (6,149 | )
Cash flows from investing activities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loan to a related party |  |  | — |  |  |  | — |  |  |  | (119,924 | ) |  |  | (17,225 | )
Purchase of short-term investment |  |  | — |  |  |  | — |  |  |  | (71,477 | ) |  |  | (10,267 | )
Net cash used in investing activities |  |  | — |  |  |  | — |  |  |  | (191,401 | ) |  |  | (27,492 | )
Cash flows from financing activities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net proceeds from issuance of ordinary sh ares |  |  |  |  |  |  |  |  |  |  | 255,928 |  |  |  | 36,762 |
Net cash provided by financing activities |  |  | — |  |  |  | — |  |  |  | 255,928 |  |  |  | 36,762 |
Effect of foreign exchange rate changes on cash and cash equivalents |  |  | — |  |  |  | — |  |  |  | 5,488 |  |  |  | 789 |
Net decrease in cash and cash equivalents |  |  | — |  |  |  | — |  |  |  | 27,223 |  |  |  | 3,910 |
Cash and cash equivalents at beginning of year |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Cash and cash equivalents at end of the year |  |  | — |  |  |  | — |  |  |  | 27,223 |  |  |  | 3,910 |
Supplemental disclosure of significant non-cash investing and financing activities: |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Decease in investment in subsidiaries and VIEs for cash dividend paid by a subsidiary on behalf of the parent to the Company ’s shareholders |  |  | — |  |  |  | (400,000 | ) |  |  | — |  |  |  | — |

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