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Income Taxes (Tables) | 12 Months Ended
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Feb. 29, 2024
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Expenses | Income tax expenses consist of the following:
|  | For the Years Ended |
|  | February 28, 2022 |  |  | February 28, 2023 |  |  | February 29, 2024 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | USD |
Current income tax expense: |  |  |  |  |  |  |  |  |  |  |  |
PRC |  |  | 7,407 |  |  |  | 875 |  |  |  | 1,076 |  |  |  | 149 |
Deferred income tax expense (benefit): |  |  |  |  |  |  |  |  |  |  |  |
PRC |  |  | 14,436 |  |  |  | 118 |  |  |  | 25 |  |  |  | 4 |
Total income tax expense |  |  | 21,843 |  |  |  | 993 |  |  |  | 1,101 |  |  |  | 153 |
Summary of Deferred Tax Assets and Liabilities | The Group’s deferred tax assets and liabilities were as follows:
|  | As of |
|  | February 28, 2023 |  |  | February 29, 2024 |
|  | RMB |  |  | RMB |  |  | USD |
Deferred tax assets: |  |  |  |  |  |  |  |  |
Net operating loss carry-forward |  |  | 8,486 |  |  |  | 12,455 |  |  |  | 1,731 |
Advertising expenses |  |  | 231 |  |  |  | 768 |  |  |  | 107 |
Donation overspending |  |  | 5,369 |  |  |  | 5,200 |  |  |  | 722 |
Lease liability |  |  | 545 |  |  |  | 570 |  |  |  | 79 |
Accrued expenses |  |  | 13,701 |  |  |  | 13,678 |  |  |  | 1,900 |
Depreciation and amortization |  |  | 115 |  |  |  | 119 |  |  |  | 17 |
Allowance for doubtful accounts |  |  | 3,312 |  |  |  | 3,531 |  |  |  | 491 |
Less: valuation allowance |  |  | (30,521 | ) |  |  | (35,196 | ) |  |  | (4,890 | )
Total deferred tax assets |  |  | 1,238 |  |  |  | 1,125 |  |  |  | 157 |
Deferred tax liabilities: |  |  |  |  |  |  |  |  |
Amortization of intangible assets acquired from acquisition |  |  | (575 | ) |  |  | (450 | ) |  |  | (63 | )
Right-of-use asset |  |  | (637 | ) |  |  | (675 | ) |  |  | (94 | )
Total deferred tax liabilities |  |  | (1,212 | ) |  |  | (1,125 | ) |  |  | (157 | )
Net deferred tax assets |  |  | 26 |  |  |  | — |  |  |  | — |
Summary of Movement of Valuation Allowance | Movement of the valuation allowance is as follows:
|  | As of |
|  | February 28, 2023 |  |  | February 29, 2024 |
|  | RMB |  |  | RMB |  |  | USD |
Balance at the beginning of the year |  |  | (27,368 | ) |  |  | (30,521 | ) |  |  | (4,240 | )
Provided |  |  | (3,383 | ) |  |  | (15,356 | ) |  |  | (2,134 | )
Written off |  |  | 230 |  |  |  | 10,681 |  |  |  | 1,484 |
Balance at the end of the year |  |  | (30,521 | ) |  |  | (35,196 | ) |  |  | (4,890 | )
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, 2022, 2023 and February 29, 2024:
|  | For the Years Ended |
|  | February 28, 2022 |  |  | February 28, 2023 |  |  | February 29, 2024 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | USD |
PRC |  |  | (44,126 | ) |  |  | (14,937 | ) |  |  | 4,542 |  |  |  | 632 |
Foreign |  |  | (16,013 | ) |  |  | (17,558 | ) |  |  | (666 | ) |  |  | (93 | )
Total Loss before provision of income taxes |  |  | (60,139 | ) |  |  | (32,495 | ) |  |  | 3,876 |  |  |  | 539 |
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, 2022, 2023 and February 29, 2024 are as follows:
|  | For the Years Ended |
|  | February 28, |  |  | February 28, |  |  | February 29, |
|  | 2022 |  |  | 2023 |  |  | 2024 |
Statutory income tax rate |  |  | 25 | % |  |  | 25 | % |  |  | 25 | %
Non-deductible expenses |  |  | (26 | %) |  |  | 3 | % |  |  | 21 | %
Effect of preferential tax rate |  |  | (5 | %) |  |  | (3 | %) |  |  | 41 | %
Effect of non-taxable income |  |  | 14 | % |  |  | 1 | % |  |  | (28 | %)
Effect of different tax rate of subsidiary operation in other jurisdiction |  |  | (6 | %) |  |  | (13 | %) |  |  | (18 | %)
Effect of tax rate change |  |  | — |  |  |  | (6 | %) |  |  | (15 | %)
Effect of valuation allowance |  |  | (38 | %) |  |  | (10 | %) |  |  | 121 | %
Effect of true-up on net operating loss |  |  | — |  |  |  | — |  |  |  | (118 | %)
Effective tax rate |  |  | (36 | %) |  |  | (3 | %) |  |  | 29 | %
For the year ended February 28, 2022, the non-deductible expenses is mainly due to goodwill impairment. For the year ended February 29, 2024, non-deductible expenses include all non-deductible items for accrued expenses and others. The true-up on net operating loss is mainly due to true-up on differences between the tax loss on PRC tax return and prior year accumulated net operating loss

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- Definition 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + Details
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