XML 141 R14.htm IDEA: XBRL DOCUMENT v3.24.3

Leases

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Leases

8. Leases

The Group’s lease payments for office space leases include fixed rental payments and do not consist of any variable lease payments that depend on an index or a rate. As of December 31, 2023 and June 30, 2024, there was no leases that have not yet commenced.

The following represents the aggregate right-of-use assets and related lease liabilities as of December 31, 2023 and June 30, 2024:

Schedule of Aggregate Right of Use Assets and Related Lease Liabilities  

		December 31, 2023				June 30, 2024
		RMB				RMB
Operating lease right-of-use assets			10,249				10,021
Short-term operating lease liabilities			(3,951	)			(4,730	)
Long-term operating lease liabilities			(5,398	)			(4,485	)
Total operating leased liabilities			(9,349	)			(9,215	)

8. Leases (Continued)

The weighted average lease term and weighted average discount rate as of December 31, 2023 and June 30, 2024 were as follows:

Weighted Average Lease Term and Weighted Average Discount Rate  

		December 31, 2023				June 30, 2024
		RMB				RMB
Weighted average lease term:
Operating leases			3.02				2.57
Weighted average discount rate:
Operating leases			3.91	%			3.58	%

The components of lease expenses for the six months ended June 30, 2023 and 2024 were as follows:

Schedule of Lease Expenses  

		2023				2024
		For the six months ended June 30,
		2023				2024
		RMB				RMB
Operating lease cost			4,345				2,975
Cost of other leases with period less than one year			883				2,477
Total			5,228				5,452

Supplemental cash flow information related to leases for the six months ended June 30, 2023 and 2024 were as follows:

Schedule of Supplemental Cash Flow Information Related to Leases  

		2023				2024
		For the six months ended June 30,
		2023				2024
		RMB				RMB
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases			4,896				2,776
Supplemental noncash information:
Right-of-use assets obtained in exchange for lease obligations			172				5,076

Maturities of lease liabilities at December 31, 2023 and June 30, 2024, respectively:

Schedule of Maturities of Lease Liabilities  

		December 31, 2023				June 30, 2024
		RMB				RMB
2024/Remainder of 2024			4,261				2,616
2025			2,867				3,930
2026			1,325				1,984
2027			1,432				1,118
Total remaining undiscounted lease payments			9,885				9,648
Less: interest			(536	)			(433	)
Total present value of operating lease liabilities			9,349				9,215
Less: short-term operating lease liabilities			(3,951	)			(4,730	)
Long-term operating lease liabilities			5,398				4,485

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/842-20/tableOfContent

+ Details

Name:	us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration