XML 25 R6.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - CNY (¥)
¥ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income/(loss) ¥ (140,787) ¥ (89,247) ¥ 22,637
Adjustments to reconcile net income/(loss) to net cash used in operating activities:      
Depreciation of property and equipment 2,196 1,733 1,772
Amortization of intangible assets 368 266 150
Share-based compensation expenses/(gain) (178) 4,672 13,886
Non-cash operating lease expense 7,586 11,240 13,606
Allowance for credit losses 32,471 28,210 (28,672)
Losses from disposal of property, equipment and software 294 42 25
Exchange (gains)/losses (24) 21 (3)
Fair value changes of short-term investments (58) (235) (618)
Long-term investment (income)/loss, net 62,763 8,079 (15,964)
Share of (income)/loss from equity method investments 3,726 523 (51)
Disposal gain on subsidiaries (839) (3,366) (38,019)
Changes in operating assets and liabilities:      
Accounts receivable 24,815 (38,816) 6,948
Receivables due from related parties (16) 676 (608)
Prepayments and other current assets (3,041) 60 26,034
Accounts payable 712 6,911 (2,801)
Salary and welfare payables (3,744) (16,123) (3,584)
Taxes payable (3,355) (4,713) (1,962)
Deferred revenue (846) (1,589) (3,672)
Amounts due to related parties 528 (51) (1,016)
Accrued liabilities and other payables (7,624) (5,065) 8,124
Lease liabilities (7,937) (25,391) (1,201)
Net cash used in operating activities (32,990) (122,163) (4,989)
Cash flows from investing activities:      
Purchase of property and equipment (444) (5,376) (1,065)
Purchase of intangible assets (42) (22) (591)
Purchase of short-term investments (245,750) (380,498) (457,490)
Proceeds from maturities of short-term investments 265,508 345,904 534,978
Loan repayment from related parties     2,000
Cash received from customer in relation to advertisement agent services 15,984 68,838 70,208
Cash paid on behalf of the customer in relation to advertisement agent services     (64,054)
Net cash upon disposal of subsidiaries (2,992) 85  
Investment in long-term investments (4,050) (9,500) (38,970)
Prepayment of an equity investment (1,000)    
Cash paid to acquire non-controlling interests of subsidiaries (188)   (1,705)
Cash received from disposal of equity investees 5,450 742  
Net cash provided by investing activities 32,476 20,173 43,311
Cash flows from financing activities:      
Proceeds from bank loan 10,000 14,950 9,950
Repayment of bank loan (9,950) (14,950) (5,000)
Proceeds from employee options exercised 18    
Cash received from the sale of a noncontrolling interest   226  
Capital injection from non-controlling interest shareholders   255 174
Dividends paid to non-controlling shareholder of a subsidiary (3,675)    
Net cash provided by/(used in) financing activities (3,607) 481 5,124
Effect of exchange rate changes on cash, and cash equivalents held in foreign currencies 245 362 2,200
Net (decrease)/ increase in cash and cash equivalents (3,876) (101,147) 45,646
Cash and cash equivalents at beginning of the year 41,464 142,611 96,965
Cash and cash equivalents at end of the year 37,588 41,464 142,611
Supplemental disclosures of cash flow information:      
Cash paid for income taxes, net of tax refund (206) (93) (171)
Supplemental schedule of non-cash investing and financing activities:      
Property and equipment purchases financed by other payable ¥ (250) (1,336)  
Intangible assets purchases financed by other payable   ¥ (1,073)  
The addition of long-term investment in Hangzhou Jialin     ¥ 40,000