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Income Taxes (Tables)

12 Months Ended

Feb. 28, 2023

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expenses

Income tax expenses consist of the following:

		For the Years Ended
		February 28, 2021				February 28, 2022				February 28, 2023
		RMB				RMB				RMB				USD
Current income tax expense:
PRC			8,030				7,407				875				126
Deferred income tax expense:
PRC			(3,270	)			14,436				118				17
Total income tax expense			4,760				21,843				993				143

Summary of Deferred Tax Assets and Liabilities

The Group’s deferred tax assets and liabilities were as follows:

		As of
		February 28, 2022				February 28, 2023
		RMB				RMB				USD
Deferred tax assets:
Net operating loss carry-forward			7,054				8,486				1,224
Advertising expenses			5,535				5,600				808
Rental			2,128				545				79
Accrued expenses			13,168				13,701				1,976
Property and equipment, net			119				115				17
Allowance for doubtful accounts			2,318				3,312				478
Less: valuation allowance			(27,368	)			(30,521	)			(4,403	)
Total deferred tax assets			2,954				1,238				179
Deferred tax liabilities:
Intangible assets			725				575				83
Right-of-use asset			2,085				637				92
Total deferred tax liabilities			2,810				1,212				175
Net deferred tax assets			144				26				4

Summary of Movement of Valuation Allowance

Movement of the valuation allowance is as follows:

		As of
		February 28, 2022				February 28, 2023
		RMB				RMB				USD
Balance at the beginning of the year			(6,301	)			(27,368	)			(3,948	)
Provided			(23,079	)			(3,383	)			(488	)
Written off			2,012				230				33
Balance at the end of the year			(27,368	)			(30,521	)			(4,403	)

Summary of Loss Before Provision for Income Taxes

Loss before provision for income taxes is attributable to the following geographic locations for the years ended February 28:

		For the Years Ended
		February 28, 2022				February 28, 2023
		RMB				RMB				USD
PRC			(44,126	)			(14,937	)			(2,154	)
Foreign			(16,013	)			(17,558	)			(2,533	)
Total Loss before provision of income taxes			(60,139	)			(32,495	)			(4,687	)

Summary of Reconciliations of Difference Between PRC Statutory Income Tax Rate and Group's Effective Income Tax Rate

Reconciliations of the differences between PRC statutory income tax rate and the Group’s effective income tax rate for the years ended February 28, 2021, 2022 and 2023 are as follows:

		For the Years Ended
		February 28,				February 28,				February 28,
		2021				2022				2023
Statutory income tax rate			25	%			25	%			25	%
Non-deductible expenses			(32	%)			(12	%)			4	%
Effect of preferential tax rate			8	%			(5	%)			(3	%)
Effect of different tax rate of subsidiary operation in other jurisdiction			(7	%)			(6	%)			(13	%)
Effect of tax rate change			—				—				(6	%)
Effect of valuation allowance			(19	%)			(38	%)			(10	%)
Effective tax rate			(25	%)			(36	%)			(3	%)

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

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-Name Accounting Standards Codification
-Topic 740
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-Section 50
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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.

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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.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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-Topic 235
-SubTopic 10
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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.

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