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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Summary of Significant Accounting Policies [Abstract]  
Schedule of Separate Component of Shareholders’ Equity on the Consolidated Financial Statement The following table outlines the currency exchange rates that were used in preparing the consolidated financial statements, representing the index rates stipulated by the Bank of China:
HKD against RMB   December 31, 2021   December 31, 2022   December 31, 2023
Year-end spot rate   HKD1=RMB0.8168   HKD1=RMB0.8899   HKD1=RMB0.9056
Average rate   HKD1=RMB0.8327   HKD1=RMB0.8578   HKD1=RMB0.8999
Schedule of Estimated Residual Value of the Assets Property and equipment is stated at cost less accumulated depreciation and impairment, if any, and depreciated on a straight-line basis over the estimated useful lives with an estimated residual value of the assets as follows:
Category   Estimated
useful lives
Motor vehicles   4 - 5 years
Electronic equipment   1 - 5 years
Machinery   5 years
Other equipment   5 years

 

Schedule of Intangible Asset, Estimated Useful Lives Intangible assets are amortized using the straight-line basis over the estimated useful live of the asset as follows:

Category

  Estimated
useful lives
Software 5 - 10 years
Schedule of the Disaggregation of the Group’s Revenue The following table identifies the disaggregation of the Group’s revenue for the years ended December 31, 2021, 2022 and 2023, respectively:
   FY 2021   FY 2022   FY 2023 
Revenue Categories  (RMB)   %   (RMB)   %   (RMB)   (US$)   % 
Type A: Freight forwarding services   488,036,905    89.5%   577,567,025    88.6%   342,582,431    48,368,903    68.8%
- Integrated cross-border logistics   390,229,299    71.5%   444,335,722    68.2%   219,651,690    31,012,423    44.1%
- Fragmented logistics   97,807,606    18.0%   133,231,303    20.4%   94,720,210    13,373,461    19.0%
- Chartered airline freight services   
-
    
-
    
-
    
-
    28,210,531    3,983,019    5.7%
Type B: Supply chain management   53,531,895    9.8%   69,022,899    10.6%   152,630,138    21,549,711    30.7%
- International trading in relation to supply chain management   52,974,861    9.7%   68,878,594    10.6%   152,544,744    21,537,654    30.7%
- Agent services   557,034    0.1%   144,305    0.0%   85,394    12,057    0.0%
Type C: Other services   4,024,697    0.7%   5,401,669    0.8%   2,655,631    374,946    0.5%
- Customs brokerage   2,750,027    0.5%   4,098,297    0.6%   2,544,116    359,201    0.5%
- Software development   1,274,670    0.2%   1,303,372    0.2%   111,515    15,745    0.0%
Total   545,593,497    100.00%   651,991,593    100.00%   497,868,200    70,293,560    100.0%

 

Schedule of Revenue Recognition The following table presents revenue classified by timing of revenue recognition for the years ended December 31, 2021, 2022 and 2023, respectively.
   Year ended
December 31, 2021
   Year ended
December 31, 2022
   Year ended
December 31, 2023
 
   RMB   RMB   RMB   US$ 
Point in time   53,531,895    71,448,443    158,069,415    22,317,678 
Over time   492,061,602    580,543,150    339,798,785    47,975,882 
Total revenue   545,593,497    651,991,593    497,868,200    70,293,560 
Schedule of Contract Liabilities at the Beginning of the Reporting Period The following table shows the amounts of revenue recognized in the current reporting period that were included in the contract liabilities at the beginning of the reporting period:
   2021   2022   2023 
   RMB   RMB   RMB   US$ 
Revenue recognized that was included in contract liabilities at the beginning of the reporting period:   1,908,488    7,851,588    1,989,310    280,869 
Schedule of Balance of Non-Controlling Interest As of December 31, 2022 and 2023, the balance of non-controlling interest is as following.

Entity

  As of
December 31,
2022
   As of
December 31,
2023
 
   RMB   RMB   US$ 
TYPHK   (72,220)   (164,701)   (23,254)
JYD SHWL   (890,560)   (1,434,739)   (202,569)
JYD YCKJ   (1,465,290)   (9,304,266)   (1,313,661)
JYD RHTD   
-
    3,277,031    455,622 
Total   (2,428,070)   (7,676,674)   (1,083,863)