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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
 12 Months Ended
Feb. 29, 2024
CNY (¥)
Feb. 29, 2024
USD ($)
Feb. 28, 2023
CNY (¥)
Feb. 28, 2022
CNY (¥)
Cash flows from operating activities        
Net (loss) income for the year ¥ 2,775 $ 386 ¥ (33,488) ¥ (118,732)
Adjustments to reconcile net cash flows from operating activities:        
Share-based compensation 3,122 434 3,168 9,002
Provision for credit losses     1,438 6,881
Depreciation of property and equipment 3,735 519 2,802 8,458
Noncash lease expenses 3,965 551 2,960 39,476
Loss (gain) of disposal of property and equipment (424) (59) 315 954
Loss from property and equipment impairment 3,674 510 0 7,871
Amortization of intangible assets 618 86 789 1,719
Loss from intangible assets impairment 0   0 2,255
Loss from equity method investments, net of taxes       36,750
Loss from goodwill impairment 0   0 42,307
Loss from long-term investments impairment 500 69    
Fair value changes of investments (3,910) (543) 1,927 1,106
Gain from disposal of liabilities and a subsidiary       (4,048)
Loss (gain) from deregistration of subsidiaries (2,202) (306) 458  
Deferred income taxes 26 4 118 14,436
Changes in operating assets and liabilities and other, net:        
Accounts receivable (289) (40) 1,150 (1,677)
Amounts due from related parties 2,893 402 (8,231) (332)
Other receivables, deposits and other assets (7,117) (989) 3,873 (11,920)
Other non-current assets (254) (35) 3,047 (1,737)
Changes in operating lease liabilities (3,167) (440) (2,059) (59,801)
Amounts due to related parties 1,090 151 584 396
Accrued expenses and other current liabilities 142 20 (7,570) (3,148)
Income tax payable 1,018 141 2,449 4,577
Deferred revenue 10,361 1,439 777 (66,114)
Net cash (used in) provided by operating activities 16,556 2,300 (25,493) (91,321)
Cash flows from investing activities        
Purchases of property and equipment (56,616) (7,866) (8,659) (9,876)
Purchases of intangible assets       (120)
Acquisition of businesses, net of cash acquired 71 10   (422)
Payments to long-term investments (9,000) (1,250) (13,500) (14,000)
Purchases of short-term investments (18,929) (2,630) (29,349) (89,544)
Purchases of short-term investments under fair value (103,145) (14,330) (175,849)  
Purchases of long-term investments under fair value (93,280) (12,960) (145,910)  
Proceeds from maturity of investments 351,827 48,880 276,565 128,136
Loans to related parties (4,763) (662) (122) (588)
Collection of loans to related party 5,316 739    
VIE consolidation       100
Disposal of liabilities       (7,500)
Disposal of a subsidiary       (1,889)
Net cash provided by (used in) investing activities 71,481 9,931 (96,702) 4,297
Cash flows from financing activities        
Contribution from non-controlling shareholders of subsidiaries       3,630
Proceeds from related parties loans 1,587 221    
Repayment to related parties loans (160) (22) (600) (508)
Repurchase of ordinary shares (159) (22) (238) (27,795)
Dividends paid to non-controlling shareholders       (882)
Proceeds from long-term borrowings 40,000 5,557    
Net cash (used in) provided by financing activities 41,268 5,734 (838) (25,555)
Effect of foreign exchange rate changes (4,117) (572) 27,389 (3,932)
Net (decrease) increase in cash and cash equivalents, and restricted cash 125,188 17,393 (95,644) (116,511)
Cash and cash equivalents, and restricted cash at beginning of the year 177,058 24,599 272,702 389,213
Cash and, cash equivalents and restricted cash at end of the year 302,246 41,992 177,058 272,702
Reconciliation in amounts on consolidated balance sheets:        
Cash and cash equivalents 180,198 25,035 175,696 262,429
Restricted cash 122,048 16,957 1,362 10,273
Cash and, cash equivalents and restricted cash at end of the year 302,246 41,992 177,058 272,702
Supplemental disclosure of cash flow information:        
Income taxes paid 57 8 156 3,315
Cash paid for amounts included in measurement of lease liabilities 3,034 422 4,516 39,013
Operating lease right-of-use assets obtained in exchange for operating lease liabilities 1,846 256 2,491 30,259
Supplemental schedule of non-cash investing and financing activities: ¥ 3,662 $ 509 ¥ 120 ¥ 326