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Leases | 12 Months Ended
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Feb. 28, 2023
Leases [Abstract] |
Leases | 15. LEASES The Group’s operating leases mainly related to offices and learning centers in the PRC. As of February 28, 2022 and 2023, the Group had no leases that were classified as a financing lease. Total operating lease expenses for the years ended February 28, 2021, 2022 and 2023 were RMB 56,081, RMB 43,959 and RMB 4,769 (US$688), respectively, and was recorded in cost of revenues or operating expenses on the consolidated statements of operations. The short term lease expenses for the years ended February 28, 2021, 2022 and 2023 were RMB 708, nil and nil, respectively and was recorded in the consolidated statements of operations. As of February 28, 2023, the Group did not have additional operating leases that have not yet commenced. Weighted-average remaining lease terms and discount rates are as follows:
|  | As of February 28, |
|  | 2022 |  |  | 2023 |
Weighted average remaining lease term (years) |  |  | 4.3 |  |  |  | 1.71 |
Weighted average discount rate |  |  | 5.7 | % |  |  | 5.4 | %
The following is a maturity analysis of the annual undiscounted cash flows for the annual periods ended February 28 or 29:
Year ending of February 28 or 29: |  | RMB |  |  | USD |
2024 |  |  | 4,386 |  |  |  | 633 |
2025 |  |  | 1,211 |  |  |  | 175 |
2026 |  |  | 88 |  |  |  | 13 |
Thereafter |  |  | - |  |  |  | - |
Total minimum lease payments |  |  | 5,685 |  |  |  | 821 |
Less: amount representing interest |  |  | (1,959 | ) |  |  | (284 | )
Present value of minimum lease payments |  |  | 3,726 |  |  |  | 537 |

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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