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Goodwill
 12 Months Ended
Feb. 28, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill

7. GOODWILL

Changes in the carrying amount of goodwill for the years ended February 28, 2022 and 2023 consisted of the following:

 

 

 

As of

 

 

 

February 28,
2022

 

 

February 28,
2023

 

 

 

RMB

 

 

RMB

 

 

USD

 

Balance at beginning of the year

 

 

36,967

 

 

 

—

 

 

 

—

 

Goodwill acquired during the year (Note 3)

 

 

5,340

 

 

 

—

 

 

 

—

 

Impairment losses

 

 

(42,307

)

 

 

—

 

 

 

—

 

Balance at ending of the year

 

 

—

 

 

 

—

 

 

 

—

 

 

No impairment of goodwill was recorded for the years ended February 28, 2021 and 2023. For the year ended February 28, 2022, the Group recorded impairment for goodwill of RMB42,307 as the Group ceased offering K9 Academic AST services. As of February 28, 2022 and 2023, the goodwill and accumulated impairment loss was RMB157,476 (US$22,716).