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v3.22.2.2

Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Jun. 30, 2022
Summary of Significant Accounting Policies |
Summary of aging schedule of the accounts receivable | The aging schedule of the accounts receivable is as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the years ended June 30,
​ |  | 2021 |  | 2022 |  | 2022
​ | ​ | RMB | ​ | RMB | ​ | US$
​ | ​ | ​ | ​ | ​ | ​ | ​
Less than 3 months |  | 466,082 | ​ | 450,326 | ​ | 67,099
More than 3 months and less than 1 year |  | 127,979 | ​ | 111,049 | ​ | 16,546
More than 1 year |  | — | ​ | 2,999 | ​ | 447
Total |  | 594,061 | ​ | 564,374 | ​ | 84,092
Summary of roll forward schedule of accounts receivable | The roll forward schedule of accounts receivable is as follows:
​ | ​ | ​ | ​ | ​
​ | ​ | Amount
​ |  | RMB |  | US$
Balance as of June 30, 2020 |  | 403,693 | ​ | 57,023
Revenue (including VAT) |  | 1,940,407 | ​ | 298,117
Collection |  | (1,750,039) | ​ | (263,182)
Balance as of June 30, 2021 |  | 594,061 | ​ | 91,958
Revenue (including VAT) |  | 2,055,534 | ​ | 318,352
Collection |  | (2,085,221) | ​ | (326,218)
Balance as of June 30, 2022 |  | 564,374 | ​ | 84,092
Summary of estimated useful lives of property and equipment | ​
​ | ​ | ​
Real estate property |  | 14 years
Leasehold improvements |  | Shorter of the remaining lease terms and estimated useful lives
Electronic equipment |  | 3-6 years
Furniture, fixture and other equipment | ​ | 3-5 years
Motor Vehicles |  | 5 years
Summary of revenues disaggregated by service line and timing of revenue recognition | The following tables present the Group’s revenues disaggregated by service line and timing of revenue recognition: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended June 30, 2020
​ | ​ | Wealth | ​ | Assets | ​ | ​ | ​ | Total Net
​ |  | Management |  | Management |  | Others |  | Revenues
​ | ​ | RMB | ​ | RMB | ​ | RMB | ​ | RMB
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenues recognized at a point in time |  | 1,274,434 |  | — | ​ | 5,809 | ​ | 1,280,243
Revenues recognized over time |  | — |  | 4,620 | ​ | — | ​ | 4,620
Total |  | 1,274,434 |  | 4,620 | ​ | 5,809 | ​ | 1,284,863
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended June 30, 2021
​ | ​ | Wealth | ​ | Assets | ​ | ​ | ​ | Total Net
​ |  | Management |  | Management |  | Others |  | Revenues
​ | ​ | RMB | ​ | RMB | ​ | RMB | ​ | RMB
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenues recognized at a point in time |  | 1,795,552 |  | 1,322 | ​ | 23,928 | ​ | 1,820,802
Revenues recognized over time |  | — |  | 13,620 | ​ | — | ​ | 13,620
Total |  | 1,795,552 |  | 14,942 | ​ | 23,928 | ​ | 1,834,422
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended June 30, 2022
​ | ​ | Wealth | ​ | Assets | ​ | Health | ​ | ​ | ​ | Total Net
​ |  | Management |  | Management |  | Management |  | Others |  | Revenues
​ | ​ | RMB | ​ | RMB | ​ | RMB | ​ | RMB | ​ | RMB
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenues recognized at a point in time |  | 1,871,958 |  | 171 | ​ | 422 | ​ | 22,642 | ​ | 1,895,193
Revenues recognized over time |  | 27,615 |  | 19,305 | ​ | — | ​ | — | ​ | 46,920
Total |  | 1,899,573 |  | 19,476 | ​ | 422 | ​ | 22,642 | ​ | 1,942,113
Amounts in US$ |  | 294,197 |  | 3,016 | ​ | 65 | ​ | 3,508 | ​ | 300,786

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