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Segment Information (Tables)
12 Months Ended
Feb. 28, 2025
Segment Reporting [Abstract]  
Summary of Segment Information

 

 

For the Years Ended

 

 

 

February 28,

 

 

February 29,

 

 

February 28,

 

 

 

2023

 

 

2024

 

 

2025

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

USD

 

 

 

 

 

 

 

 

 

 

 

 

(Note 2)

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

---Learning services

 

 

18,516

 

 

 

65,842

 

 

 

108,047

 

 

 

14,836

 

---Tourism services

 

 

3,502

 

 

 

51,880

 

 

 

138,295

 

 

 

18,989

 

---Others

 

 

12,198

 

 

 

7,723

 

 

 

4,734

 

 

 

651

 

Total revenue

 

 

34,216

 

 

 

125,445

 

 

 

251,076

 

 

 

34,476

 

Cost of revenue

 

 

 

 

 

 

 

 

 

 

 

 

---Learning services

 

 

(10,175

)

 

 

(25,703

)

 

 

(62,279

)

 

 

(8,552

)

---Tourism services

 

 

(3,542

)

 

 

(48,189

)

 

 

(137,725

)

 

 

(18,911

)

---Others

 

 

(6,205

)

 

 

(6,059

)

 

 

(3,937

)

 

 

(540

)

Total cost of revenue(1)

 

 

(19,922

)

 

 

(79,951

)

 

 

(203,941

)

 

 

(28,003

)

Reconciliation of profit or loss

 

 

 

 

 

 

 

 

 

 

 

 

General and administrative expenses

 

 

(45,291

)

 

 

(44,337

)

 

 

(48,849

)

 

 

(6,707

)

Sales and marketing expenses

 

 

(4,668

)

 

 

(6,753

)

 

 

(14,025

)

 

 

(1,926

)

Impairment loss on other long-lived assets

 

 

 

 

 

(3,674

)

 

 

 

 

 

 

Operating loss

 

 

(35,665

)

 

 

(9,270

)

 

 

(15,739

)

 

 

(2,160

)

Subsidy income

 

 

1,412

 

 

 

728

 

 

 

1,413

 

 

 

194

 

Interest income, net

 

 

2,284

 

 

 

7,235

 

 

 

16,200

 

 

 

2,224

 

Realized gain (loss) in investments

 

 

1,867

 

 

 

3,207

 

 

 

(3,062

)

 

 

(420

)

Unrealized holding (loss) gain in investments

 

 

(3,794

)

 

 

3,910

 

 

 

2,022

 

 

 

278

 

Other income (expense), net

 

 

1,401

 

 

 

(1,434

)

 

 

(739

)

 

 

(102

)

Impairment loss on long-term investments

 

 

 

 

 

(500

)

 

 

 

 

 

 

(Loss) income before income taxes

 

 

(32,495

)

 

 

3,876

 

 

 

95

 

 

 

14

 

 

(1) A summary of depreciation and amortization expenses for the years presented is as follows:

 

 

For the Years Ended

 

 

 

February 28,

 

 

February 29,

 

 

February 28,

 

 

 

2023

 

 

2024

 

 

2025

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

USD

 

 

 

 

 

 

 

 

 

 

 

 

(Note 2)

 

Depreciation and amortization expenses

 

 

 

 

 

 

 

 

 

 

 

 

---Learning services

 

 

522

 

 

 

62

 

 

 

165

 

 

 

23

 

---Tourism services

 

 

672

 

 

 

2,059

 

 

 

1,959

 

 

 

269

 

---Others

 

 

215

 

 

 

46

 

 

 

37

 

 

 

5