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Prepayments and Other Current Assets (Details) - Schedule of Prepaid Expenses and Other Current Assets
¥ in Thousands
Jun. 30, 2024
CNY (¥)
Jun. 30, 2024
USD ($)
Jun. 30, 2023
CNY (¥)
Schedule of Prepaid Expenses and Other Current Assets [Abstract]      
Receivables from third party payment platforms [1] ¥ 94,138   ¥ 22,533
Prepayments for promotion fees 67,163   65,832
Receivable from an issuer of matured structured notes (Note 11) 58,213 $ 58,213
Prepaid other service fees [2] 21,122   25,281
Prepaid input value-added tax [3] 12,358   360
Receivables from financial institutions security account [4] 11,972  
Deposits 5,101   3,500
Prepayments for products procurement [5] 974   13,543
Others 4,508   5,632
Total ¥ 275,549 $ 37,917,000 ¥ 136,681
[1] Receivables from third party payment platforms consist of cash that has been received from course participants but held by the third-party payment platforms. The Group subsequently collected the full balance from the third-party payment platforms.
[2] Prepaid other service fees consist of prepayment of cloud server hosting fees and others.
[3] Prepaid input value-added tax consists of VAT input that is expected to offset with VAT output tax or to be transferred out in the future.
[4] Receivables from financial institutions security account consists of deposit in financial institutions security account for share repurchase purpose.
[5] Prepayments for products procurement represent prepayments made to third-party suppliers for the procurement of products for the Group’s consumer business.