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Leases
12 Months Ended
Dec. 31, 2022
Leases  
Leases

7.Leases

The Group’s operating leases mainly related to offices facilities and staff quarters. As of December 31, 2021 and 2022, the Group recognized the following items related to operating leases on its consolidated balance sheet:

    

December 31, 2021

    

December 31, 2022

 

RMB

RMB

 

Operating lease ROU assets

 

28,941

 

25,116

Operating lease liabilities, non-current

 

(17,076)

 

(8,195)

Operating lease liabilities, current

 

(13,929)

 

(18,372)

Total operating lease liabilities

 

(31,005)

 

(26,567)

Weighted average remaining lease term

 

2.5 years

 

1.7 years

Weighted average discount rate

 

7.0

%  

6.3

%

The components of lease cost for the years ended December 31, 2020, 2021 and 2022 were as follows:

For the year ended December 31, 

    

2020

2021

    

2022

RMB

RMB

RMB

Operating lease cost

 

8,569

10,329

 

17,284

Short-term lease cost

 

7,456

9,353

 

10,974

Total lease cost

 

16,025

19,682

 

28,258

No lease cost was capitalized as part of the cost of another assets.

Supplemental cash flow information related to the operating leases was as follows:

For the year ended December 31, 

    

2020

2021

    

2022

RMB

RMB

RMB

Cash payments for operating leases

 

8,867

9,786

 

17,910

Right-of-use assets obtained in exchange for operating lease liabilities

 

12,851

34,988

 

13,505

A summary of maturity of operating lease liabilities under the Group’s non-cancellable operating leases as of December 31, 2022 is as follows:

RMB

2023

 

19,527

2024

 

7,399

2025

 

1,121

Total future lease payments

 

28,047

Impact of discounting remaining lease payments

 

(1,480)

Total lease liabilities

 

26,567

The increase of operating lease assets obtained in exchange for operating lease liabilities in 2022 was mainly due to the renewal of lease agreements that expired , and several new lease agreements signed by the Group in 2022. As of December 31, 2021 and 2022, the Group had no operating leases that had not yet commenced.