XML 60 R25.htm IDEA: XBRL DOCUMENT v3.25.1
Loss Per Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Loss Per Share
15
LOSS PER SHARE
Basic and diluted loss per share for the years ended December 31, 2022, 2023 and 2024 are calculated as follows:
 
    
For the years ended December 31,
 
    
2022
   
2023
   
2024
 
    
Class A
   
Class B
   
Class A
   
Class B
   
Class A
   
Class B
 
    
RMB
   
RMB
   
RMB
   
RMB
   
RMB
   
US$
   
RMB
   
US$
 
Numerator:
                
Net loss attributable to ordinary shareholders
  
 
(809,298
 
 
(161,935
 
 
(543,089
 
 
(110,600
 
 
(288,286
 
 
(39,496
 
 
(58,340
 
 
(7,993
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Denominator:
                
Weighted-average number of ordinary shares outstanding
  
 
87,005,610
 
 
 
17,324,848
 
 
 
85,188,137
 
 
 
17,324,848
 
 
 
85,610,197
 
 
 
85,610,197
 
 
 
17,324,848
 
 
 
17,324,848
 
Effect of unvested restricted shares
     (421,510     —        (116,446     —        —        —        —        —   
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Weighted-average number of ordinary shares outstanding – basic and diluted
  
 
86,584,100
 
 
 
17,324,848
 
 
 
85,071,691
 
 
 
17,324,848
 
 
 
85,610,197
 
 
 
85,610,197
 
 
 
17,324,848
 
 
 
17,324,848
 
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Loss per share - basic and diluted
  
 
(9.35
 
 
(9.35
 
 
(6.38
 
 
(6.38
 
 
(3.37
 
 
(0.46
 
 
(3.37
 
 
(0.46
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
The Group applied the
two-class
method to the outstanding Class A and Class B ordinary shares for the years ended December 31, 2022, 2023 and 2024. The Group excluded unvested restricted shares from the computation of weighted-average number or ordinary shares outstanding because the Group was in a loss position and the restricted shares holders do not have an obligation to fund losses of the Group. The Group excluded the effects of all outstanding share options from the computation of diluted loss per share for the years ended December 31, 2022, 2023 and 2024 as their effects would be anti-dilutive.