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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2022
CNY (¥)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
CNY (¥)
Dec. 31, 2020
CNY (¥)
Cash flows from operating activities:        
Net loss ¥ (239,588) $ (34,737) ¥ (1,202,997) ¥ (221,375)
Adjustments to reconcile net loss to net cash used in operating activities        
Depreciation and amortization 2,744 398 7,695 3,781
Amortization of right-of-use assets 597 87    
Share-based compensation expenses 16,724 2,425 47,067 102,750
Gain on short-term investments (363) (53) (112) (321)
Impairment loss for non-current assets 7,642 1,108 11,543  
Goodwill impairment 0   31,188  
Impairment loss for long-term equity investment 8,000 1,160 26,000 0
Impairment loss for equity method investments 62,623 9,079 187,329  
Impairment on short-term investments 149,371 21,657    
Share of (profit) loss from equity method investments, net of income tax 2,020 293 47 (3,970)
Dividend received from equity method investments       644
Allowance (Reversal of allowance) for doubtful accounts (67,605) (9,802) 612,653 68,581
Loss on disposal of property and equipment 1,280 186 322 51
Foreign currency exchange loss (gain), net (375) (54) 394 4,084
Deferred income tax expenses     3,424 1,912
Changes in operating assets and liabilities, net of effects of acquisition        
Accounts receivable 497,585 72,143 867,027 (130,045)
Prepayments and other assets 3,359 487 98,000 8,596
Accounts payable (516,728) (74,919) (620,361) (101,264)
Customers' refundable fees (250) (36) (8,286) (8,842)
Accrued expenses and other payables (59,509) (8,628) (126,563) (62,010)
Operating lease liabilities (769) (111)    
Income tax payables 6,259 907 5,012 12,433
Net cash used in operating activities (126,983) (18,410) (60,618) (324,995)
Cash flows from investing activities:        
Purchase of property, equipment and software (194) (28) (12,461) (10,248)
Proceeds from disposal of property, equipment and software 40 6 252 52
Investment in equity method investments (33,154) (4,807) (84,566) (1,458)
Return of capital from equity method investees 19,547 2,834 50,088 115,449
Cash paid for business combination, net of cash acquired (648) (94)   (8,652)
Loans to equity method investees       (92,116)
Cash paid for short-term investments (464,914) (67,406) (104,139) (1,266,273)
Proceeds from disposal of short-term investments 320,055 46,404 107,101 1,269,094
Net cash provided by (used in) investing activities (159,268) (23,091) (43,725) 5,848
Cash flows from financing activities:        
Proceeds from offering, net of offering cost 3,136 455    
Contribution from noncontrolling shareholder 490 71 1,535  
Cash proceeds from short-term bank borrowings 72,500 10,512 154,180 540,943
Repayment for short-term bank borrowings (134,780) (19,541) (462,844) (587,500)
Net cash used in financing activities (58,654) (8,503) (307,129) (46,557)
Net decrease in cash, cash equivalents and restricted cash (333,493) (48,349) (419,792) (397,842)
Cash, cash equivalents and restricted cash at the beginning of the year 516,238 74,847 936,030 1,333,872
Cash, cash equivalents and restricted cash at the end of the year 182,745 26,498 516,238 936,030
Effect of exchange rate changes on cash, cash equivalents and restricted cash 11,412 1,655 (8,320) (32,138)
Supplemental information        
Interest paid (6,157) (893) (18,277) (23,938)
Income tax paid (812) (118) ¥ (445) ¥ (320)
Cash paid for amounts include in operating lease liabilities ¥ (887) $ (129)