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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
USD ($)
Dec. 31, 2020
CNY (¥)
Dec. 31, 2019
CNY (¥)
Dec. 31, 2018
CNY (¥)
Cash flows from operating activities:        
Net Loss $ (25,056) ¥ (163,478) ¥ (251,299) ¥ (78,700)
Adjustment to reconcile net loss to net cash used in operating activities:        
Provisions for asset impairment 2,540 16,573 1,000  
Depreciation of property, equipment and software 273 1,785 3,483 1,060
Amortization of intangible assets 634 4,134 0 0
Amortization of leasehold improvement 182 1,190 287  
Amortization of non-current assets     656  
Share- based compensation 2,674 17,448 110,401 78,133
Allowance for doubtful accounts 2,093 13,654 13,684 491
Investment loss from long-term investments (143) (933) 917 660
Change in fair value of warrant 0 0 0 3,843
Interests income/(expenses) - net (190) (1,241) (252) 2,083
Loss/ (Gain) on disposal of property and equipment 8 51 (5) 1
Recognition of deferred income (84) (550) (611)  
Exchange loss (4) (25) 661  
Loss on changes in fair value in guarantee liabilities 36 233    
Deferred income taxes (158) (1,032)    
Non-cash lease expense 24 157    
Changes in operating assets and liabilities:        
Accounts receivable (1,133) (7,390) (30,524) (44,279)
Prepayment and other current assets 2,090 13,638 (24,100) (50,377)
Held-for-sale assets       837
Accounts payable 2,448 15,970 (1,171) 3,656
Advance from customers 2,344 15,296 (9,899) 4,953
Salary and welfare benefits payable (2,458) (16,041) 19,190 7,538
Deferred revenue 264 1,720    
Other taxes payable 134 876 (1,037) (4,502)
Other current liabilities (136) (889) 6,813 21,265
Net cash used in operating activities (13,618) (88,854) (161,806) (53,338)
Cash flows from investing activities:        
Purchase of property, equipment and software, and other non-current assets (314) (2,048) (13,243) (20,708)
Placement of time deposits (21,611) (141,016) (69,762)  
Cash payment of bridge loan     (99,148)  
Cash paid for short-term investments (1,089) (7,105)    
Cash paid for long-term investments (107) (700) (5,400) (4,250)
Cash received from maturity of time deposits 25,470 166,192    
Cash received from disposal of long-term investments 38 250    
Cash received from acquisition of a subsidiary 204 1,330    
Cash received from disposal of property, equipment and software     5 12
Cash received from disposal of short-term investments 3,186 20,795   4,200
Net cash (used in)/generated from investing activities 5,777 37,698 (187,548) (20,746)
Cash flows from financing activities:        
Cash payments for repurchase of restricted shares from employees     (26,228)  
Cash payments for repurchase of shares     (13,749)  
Cash received from short-term borrowings 460 3,000   19,942
Cash repayments of short-term borrowings (460) (3,000)   (44,913)
Cash repayments of long-term borrowings       (2,932)
Cash repayments of borrowing from a third party       (19,486)
Cash received from loans provided by employees       11,199
Cash repayments of loans provided by employees       (14,434)
Proceeds from issuance of Series D-1 convertible redeemable preferred shares       151,118
Payment of issuance cost for Series D-1 convertible redeemable preferred shares       (307)
Proceeds from issuance of Series D-2 convertible redeemable preferred shares       359,834
Payment of issuance cost for Series D-2 convertible redeemable preferred share       (1,267)
Proceeds of initial public offering, net of issuance costs       103,372
Cash received from the depositary bank     2,732  
Cash paid from other financing activities (10) (63)    
Net cash generated from/(used in) financing activities (10) (63) (37,245) 562,126
Effect of exchange rate changes on cash, cash equivalents and restricted cash (687) (4,485) 3,490 12,713
Net increase/(decrease) in cash, cash equivalents and restricted cash (8,538) (55,704) (383,109) 500,755
Cash, cash equivalents and restricted cash at beginning of the year 29,954 195,449 578,558 77,803
Including:        
Cash and cash equivalents at the beginning of the year 29,720 193,920 578,558 66,695
Restricted cash at the beginning of the year 234 1,529   11,108
Cash, cash equivalents and restricted cash at end of the year 21,416 139,745 195,449 578,558
Including:        
Cash and cash equivalents at the end of the year 16,845 109,916 193,920 578,558
Restricted cash at the end of the year 4,571 29,829 ¥ 1,529  
Supplemental disclosures of cash flow information:        
Cash paid for interest expense       (4,340)
Supplemental schedule of non-cash investing and financing activities:        
Accretions to pre-IPO preferred shares redemption value       35,066
Imputed interest for borrowing from a third party       450
Conversion and redesignation of pre-IPO preferred shares into Class A ordinary shares       ¥ 930,436
Bridge loan credited into cash portion of acquisition (Note 24) 15,310 99,896    
Equity consideration of the acquisition (Note 24) $ 2,601 ¥ 16,969