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Intangible Assets, Net
12 Months Ended
Feb. 28, 2025
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets, Net

6. INTANGIBLE ASSETS, NET

Intangible assets, net, consisted of the following:

 

 

As of

 

 

 

February 29,
2024

 

 

February 28,
2025

 

 

 

RMB

 

 

RMB

 

 

USD

 

Trade name

 

 

4,000

 

 

 

4,000

 

 

 

549

 

Student base and customer relationship

 

 

2,200

 

 

 

2,200

 

 

 

302

 

School cooperation agreements

 

 

1,000

 

 

 

1,000

 

 

 

137

 

Non-compete agreements

 

 

440

 

 

 

440

 

 

 

60

 

Purchased software

 

 

442

 

 

 

442

 

 

 

61

 

License

 

 

302

 

 

 

302

 

 

 

41

 

Total

 

 

8,384

 

 

 

8,384

 

 

 

1,150

 

Less: accumulated amortization

 

 

6,526

 

 

 

6,950

 

 

 

953

 

Intangible assets, net

 

 

1,858

 

 

 

1,434

 

 

 

197

 

 

For the years ended February 28, 2023, February 29, 2024 and February 28, 2025, amortization expenses were RMB789, RMB618 and RMB424 (US$58), respectively. As of February 28, 2025, estimated amortization expense of the existing intangible assets for each of the next five years ending February 28, 2030 and thereafter is RMB424, RMB410, RMB400, RMB200, nil and nil.

The Group did not record impairment loss for intangible assets for the years ended February 28, 2023, February 29, 2024 and February 28, 2025, respectively.