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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (INCOME) LOSS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2020
CNY (¥)
¥ / shares
shares
Dec. 31, 2019
CNY (¥)
¥ / shares
shares
Dec. 31, 2018
CNY (¥)
¥ / shares
shares
NET REVENUES        
Total net revenues $ 81,529 ¥ 531,980 ¥ 583,909 ¥ 531,508
COST OF REVENUES        
Total cost of revenues (59,386) (387,490) (388,894) (338,143)
GROSS PROFIT 22,143 144,490 195,015 193,365
OPERATING EXPENSES        
Selling and marketing (8,024) (52,355) (55,721) (43,751)
General and administrative (26,710) (174,283) (194,417) (132,718)
Research and development (874) (5,703) (3,793) (1,513)
Impairment loss (5,624) (36,699) (38,754)  
Total operating expenses (41,232) (269,040) (292,685) (177,982)
OPERATING INCOME (LOSS) (19,089) (124,550) (97,670) 15,383
OTHER INCOME (EXPENSE)        
Interest income, net 1,456 9,501 5,379 6,652
Foreign exchange gain, net 150 980 23 372
Other income (loss), net (191) (1,244) 396 1,447
Gain from derecognition of liabilities 602 3,926   15,226
Gain on disposal of subsidiaries 115 752    
Gain from deregistration of subsidiaries 608 3,967 1,841 2,858
Gain on the bargain purchase 6,172 40,273    
Gain from fair value change of contingent consideration payable | ¥     1,322 5,444
Gain on sale of investment available for sale 533 3,476 1,200 1,056
Total other income 9,445 61,631 10,161 33,055
INCOME (LOSS) BEFORE INCOME TAX AND NON-CONTROLLING INTERESTS (9,644) (62,919) (87,509) 48,438
Income tax expense (163) (1,062) (12,917) (3,498)
NET INCOME (LOSS) (9,807) (63,981) (100,426) 44,940
Less: Net loss attributable to non-controlling interests (194) (1,269) (485) (50)
NET INCOME (LOSS) ATTRIBUTABLE TO AMBOW EDUCATION HOLDING LTD. (9,613) (62,712) (99,941) 44,990
NET INCOME (LOSS) (9,807) (63,981) (100,426) 44,940
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX        
Foreign translation adjustments 955 6,234 (2,924) 1,304
Unrealized gains on short term investments        
Unrealized holding gains arising during period 377 2,458 2,046 776
Less: reclassification adjustment for gains included in net income 449 2,932 1,086 651
Other comprehensive income (loss) 883 5,760 (1,964) 1,429
TOTAL COMPREHENSIVE INCOME (LOSS) $ (8,924) ¥ (58,221) ¥ (102,390) ¥ 46,369
Net income (loss) per share-basic | (per share) $ (0.22) ¥ (1.41) ¥ (2.30) ¥ 1.09
Net income (loss) per share-diluted | (per share) $ (0.22) ¥ (1.41) ¥ (2.30) ¥ 1.08
Weighted average shares used in calculating basic net income (loss) per share 44,372,326 44,372,326 43,505,175 41,342,597
Weighted average shares used in calculating diluted net income (loss) per share 44,372,326 44,372,326 43,505,175 41,671,763
Educational program and services        
NET REVENUES        
Total net revenues $ 80,571 ¥ 525,727 ¥ 582,706 ¥ 525,134
COST OF REVENUES        
Total cost of revenues (58,172) (379,571) (383,635) (331,939)
Intellectualized operational services        
NET REVENUES        
Total net revenues 958 6,253 1,203 6,374
COST OF REVENUES        
Total cost of revenues (1,214) (7,919) (5,259) (6,204)
General and administrative        
Share-based compensation expense included in:        
Share-based compensation expense $ 145 ¥ 947 ¥ 1,624 ¥ 8,121