XML 34 R7.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2020
CNY (¥)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
CNY (¥)
Dec. 31, 2018
CNY (¥)
Cash flows from operating activities        
Net income for the year ¥ 250,066 $ 38,325 ¥ 527,185 ¥ 611,758
Adjustments to reconcile net income to net cash flows from operating activities:        
Allowance for uncollectible receivables, contract assets, loans receivable and others 77,278 11,843 232,241 265,978
Share-based compensation 30,652 4,698 147,582 67,778
Depreciation and amortization 23,158 3,549 17,710 11,300
Gain from disposal of property, equipment and software       (18)
(Income) Loss from investment in affiliates 7,509 1,151 (378)  
Impairment of short-term investment 67,169 10,294    
Gain from de-recognition of other payable associated with disposal of Shanghai Caiyin (117,021) (17,934)    
Business combination under common control 3,000 460    
Changes in operating assets and liabilities:        
Assets from the investor assurance program     5,340 264,751
Accounts receivable and contract assets (224,408) (34,392) (82,824) (6,616)
Loans receivable (58,982) (9,039)    
Prepaid expenses and other current assets 26,538 4,067 (35,186) 31,242
Amount due from/to related parties 10,039 1,539 10,100 500,845
Deferred tax assets 27,357 4,193 (61,654) (17,637)
Operating lease right-of-use assets 30,289 4,642 9,626  
Liabilities from the investor assurance program     (840,472) (1,470,052)
Other guarantee liabilities     (4,060) (697,168)
Payroll and welfare payables 9,764 1,496 (60,374) 5,176
Tax payables 99,962 15,320 108,055 218,187
Refund liabilities (180,104) (27,602) 15,505 (71,613)
Accrued expenses and other current liabilities (87,751) (13,448) 47,692 57,721
Operating lease liabilities (30,020) (4,601) (9,797)  
Net cash (used in) provided by operating activities (35,505) (5,439) 26,291 (228,368)
Cash flows from investing activities        
Purchase of property, equipment and software (848) (130) (27,608) (16,889)
Investments in equity investees (3,378) (518) (3,540)  
Disposal of a subsidiary, net of cash disposed of RMB 7,606     (7,606)  
Purchase of short-term investment     (71,477)  
Sale of property, equipment and software 1     466
Loans to related parties 79 12 (123,947) (11,550)
Repayments from related parties 37,372 5,728   11,550
Loans to third parties     (14,000)  
Repayments from loan to third parties     14,000  
Net cash (used in) provided by investing activities 33,226 5,092 (234,178) (16,423)
Cash flows from financing activities        
Loans from related parties 3,113 477 230 70,765
Contribution from noncontrolling shareholders of subsidiaries 500 77 815  
Repayments to related parties       (104,365)
Dividend distributed to shareholders       (400,000)
Proceeds from exercise of options 6,982 1,070    
Net proceeds from issuance of ordinary shares, net of issuance cost of RMB 30,234     243,629  
Net cash (used in) provided by financing activities 10,595 1,624 244,674 (433,600)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (11,145) (1,710) 2,421  
Net change in cash, cash equivalents and restricted cash (2,829) (433) 39,208 (678,391)
Cash, cash equivalents and restricted cash at beginning of the year 122,149 18,720 82,941 761,332
Cash, cash equivalents and restricted cash at end of the year 119,320 18,287 122,149 82,941
Supplemental disclosure of cash flow information:        
Income taxes paid, net 162 25 55,581 33,773
Supplemental disclosure of non-cash investing activities:        
Disposal consideration settled by service fee collected on behalf of the Company (see Note 8) 156,276 23,950 238,857  
Investment consideration settled by loan due from related party (91,957) (14,093)    
Reconciliation to amounts on consolidated balance sheets        
Cash and cash equivalents 117,320 17,980 122,149 41,441
Restricted cash 2,000 307   41,500
Cash, cash equivalents and restricted cash at end of the year ¥ 119,320 $ 18,287 ¥ 122,149 ¥ 82,941