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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases  
Schedule of lease components and lease cost

 

 

 

 

 

 

 

As of

 

 

December 31,

 

December 31,

 

 

2020

 

2020

 

    

RMB

    

US$

ASSETS

 

  

 

  

Operating lease right-of-use assets, net

 

10,801

 

1,655

LIABILITIES

 

  

 

  

Short-term operating lease liabilities

 

5,911

 

906

Long-term operating lease liabilities

 

4,048

 

620

 

Summary of lease cost recognized in consolidated statements of operations and comprehensive loss

 

 

 

 

 

 

 

 

 

 

 

Year ended

 

    

 

    

December 31,

    

December 31,

 

 

 

 

2020

 

2020

 

 

 

 

RMB

 

US$

 

 

Classification in consolidated statements of operations and comprehensive loss

 

 

 

 

Operating lease cost

 

Cost of revenues and operating expenses

 

42,643

 

6,535

 

Schedule of maturities of operating lease liabilities

 

 

 

 

 

 

    

December 31,

    

December 31,

 

 

2020

 

2020

 

 

RMB

 

US$

2021

 

6,030

 

924

2022

 

2,569

 

394

2023

 

1,299

 

199

2024

 

548

 

84

2025

 

 —

 

 —

Total lease payments

 

10,446

 

1,601

Less: imputed interest

 

(487)

 

(75)

Total

 

9,959

 

1,526

 

Schedule of future minium lease payment under operating leases

Future minium lease payment under the Group’s non-cancellable operating leases of office spaces and venues for auto shows as of December 31, 2019, presented based on the Group’s historical accounting prior to the adoption of the new lease guidance, is as follows:

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

2019

 

2019

 

 

RMB

 

US$

2020

    

11,255

    

1,617

2021

 

5,786

 

831

2022

 

1,534

 

220

2023

 

499

 

72

2024

 

291

 

42

Total minimum commitments

 

19,365

 

2,782

 

Schedule of weighted average remaining lease term and discount rate

 

 

 

 

 

    

As of

 

 

 

December 31,

 

 

 

2020

 

Weighted average remaining lease term

 

2.35

 

Weighted average discount rate

 

4.75

%