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CONSOLIDATED STATEMENTS OF OPERATIONS
¥ in Thousands, $ in Thousands
12 Months Ended
Feb. 29, 2024
CNY (¥)
¥ / shares
shares
Feb. 29, 2024
USD ($)
$ / shares
shares
Feb. 28, 2023
CNY (¥)
¥ / shares
shares
Feb. 28, 2022
CNY (¥)
¥ / shares
shares
Revenue        
Total Revenue ¥ 125,445 $ 17,428 ¥ 34,216 ¥ 250,223
Cost of revenue (79,951) (11,108) (19,922) (149,615)
Gross profit 45,494 6,320 14,294 100,608
General and administrative expenses (44,337) (6,160) (45,291) (85,298)
Sales and marketing expenses (6,753) (938) (4,668) (22,045)
Lease termination loss       (7,046)
Impairment loss on intangible assets and goodwill       (44,562)
Impairment loss on other long-lived assets (3,674) (510) 0 (7,871)
Operating loss (9,270) (1,288) (35,665) (66,214)
Subsidy income 728 101 1,412 2,298
Gain from disposal of liabilities and a subsidiary       4,048
Interest income, net 7,235 1,005 2,284 3,230
Realized gain in investments 3,207 446 1,867 1,749
Unrealized holding (loss) gain in investments 3,910 543 (3,794) (2,855)
Other (expense) income, net (1,434) (199) 1,401 (2,395)
Impairment loss on long-term investments (500) (69)    
(Loss) income before income taxes and loss from equity method investments 3,876 539 (32,495) (60,139)
Income tax expense (1,101) (153) (993) (21,843)
Loss from equity method investments       (36,750)
Net (loss) income 2,775 386 (33,488) (118,732)
Less: Net loss attributable to non-controlling interests (2,186) (304) (3,822) (5,270)
Net (loss) income attributable to Four Seasons Education (Cayman) Inc. ¥ 4,961 $ 690 ¥ (29,666) ¥ (113,462)
Net (loss) income per ordinary share:        
- Basic | (per share) ¥ 0.23 $ 0.03 ¥ (1.4) ¥ (5.04)
- Diluted | (per share) ¥ 0.21 $ 0.03 ¥ (1.4) ¥ (5.04)
Weighted average shares used in calculating net loss per ordinary share:        
- Basic | shares 21,164,265 21,164,265 21,234,763 22,491,122
- Diluted | shares 23,614,631 23,614,631 21,234,763 22,491,122
Revenue From Third Parties        
Revenue        
Total Revenue ¥ 123,076 $ 17,099 ¥ 26,556 ¥ 249,274
Revenue From Related Parties        
Revenue        
Total Revenue ¥ 2,369 $ 329 ¥ 7,660 ¥ 949