XML 54 R37.htm IDEA: XBRL DOCUMENT v3.22.1

Taxation (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Summary of Income Tax Reconciliation

The following table presents a reconciliation of the differences between the statutory income tax rate and the Company’s effective income tax rate for the years ended December 31, 2019, 2020 and 2021:

		For the year ended December 31,
		2019				2020				2021
		%				%				%
Statutory income tax rate of the PRC			25.0				25.0				25.0
Tax rate difference from preferential tax treatments and statutory rate in other jurisdictions			(7.4	)			(16.3	)			(16.5	)
Effect of withholding taxes			—				—				(0.3	)
Permanent differences			5.6				16.9				26.6
Change in valuation allowances			(23.2	)			(26.8	)			(35.2	)
Effective income tax rate			—				(1.2	)			(0.4	)

Summary of Operating Loss Carry Forward

As of December 31, 2021, certain entities of the Company had net operating tax loss carry forwards as follows:

		RMB
Loss expiring in 2022			7,626
Loss expiring in 2023			5,620
Loss expiring in 2024			18,949
Loss expiring in 2025			22,150
Loss expiring in 2026			64,533
Loss expiring in 2027			15,141
Loss expiring in 2028			47,863
Loss expiring in 2029			156,879
Loss expiring in 2030			156,066
Loss expiring in 2031			207,664
			702,491

Summary of Significant Components of Deferred Tax Assets

The following table presents the tax impact of significant temporary differences that give rise to the deferred tax assets as of December 31, 2020 and 2021:

		December 31, 2020				December 31, 2021
		RMB				RMB
Deferred tax assets:
Net operating tax loss carry forwards			72,988				112,248
Advertising expenses in excess of deduction limit			709				63
Deferred revenue			910				527
Total deferred tax assets			74,607				112,838
Less: valuation allowances			(74,607	)			(112,838	)
Net deferred tax assets			—				—

Summary of Movement of Valuation Allowance

The following table sets forth the movement of the aggregate valuation allowances for deferred tax assets for the years presented:

		Balance at January 1				Movement*				Balance at December 31
		RMB				RMB				RMB
2019			(50,499	)			(29,821	)			(80,320	)
2020			(80,320	)			5,713				(74,607	)
2021			(74,607	)			(38,231	)			(112,838	)

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

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

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

+ Details

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

X

- Definition

Tabular disclosure of pertinent information, such as tax authority, amounts, and expiration dates, of net operating loss carryforwards, including an assessment of the likelihood of utilization.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32559-109319

+ Details

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

X

- Definition

Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

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