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Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Measurement

Summary of assets and liabilities that are measured at fair value on a recurring basis

December 31, 2018

		Level 1		Level 2		Level 3		Balance at
		Inputs		Inputs		Inputs		Fair Value
		RMB		RMB		RMB		RMB
Assets
Short-term investments
-Wealth management products		—		71,483		—		71,483
Long-term equity investment		—		—		56,000		56,000
Total Assets		—		71,483		56,000		127,483

December 31, 2019

		Level 1		Level 2		Level 3		Balance at
		Inputs		Inputs		Inputs		Fair Value
		RMB		RMB		RMB		RMB
Assets
Short-term investments
-Wealth management products		—		11,500		—		11,500
Long-term equity investment		—		—		40,000		40,000
Total Assets		—		11,500		40,000		51,500

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- References

No definition available.

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- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

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