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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Jun. 30, 2021
USD ($)
Jun. 30, 2021
CNY (¥)
Dec. 31, 2020
CNY (¥)
Current assets:      
Cash and cash equivalents $ 26,086 ¥ 168,424 ¥ 118,821
Restricted cash 256 1,650 824
Short-term investments, available for sale 13,266 85,652 117,854
Short-term investments, held to maturity 310 2,000 45,000
Accounts receivable, net 3,289 21,234 20,972
Amounts due from related parties 501 3,235 3,024
Prepaid and other current assets, net 18,858 121,757 117,634
Total current assets 62,566 403,952 424,129
Non-current assets:      
Property and equipment, net 21,989 141,972 144,492
Land use rights, net 262 1,693 1,715
Intangible assets, net 8,403 54,252 54,808
Goodwill 3,982 25,710 25,710
Deferred tax assets, net 883 5,704 6,338
Operating lease right-of-use asset 35,522 229,353 247,608
Finance lease right-of-use asset 860 5,550 5,850
Other non-current assets 21,805 140,786 139,067
Total non-current assets 93,706 605,020 625,588
Total assets 156,272 1,008,972 1,049,717
Current liabilities:      
Short-term borrowings (including consolidated VIE amount without recourse to the Company of RMB 10,000 and RMB 10,000 as of June 30, 2021 and December 31, 2020, respectively) 3,020 19,498 10,000
Deferred revenue (including consolidated VIE amount without recourse to the Company of RMB 132,947 and RMB 158,735 as of June 30, 2021 and December 31, 2020, respectively) 21,106 136,274 163,699
Accounts payable (including consolidated VIE amount without recourse to the Company of RMB 10,346 and RMB 10,682 as of June 30, 2021 and December 31, 2020, respectively) 3,320 21,425 19,423
Accrued and other liabilities (including consolidated VIE amount without recourse to the Company of RMB 168,420 and RMB 165,706 as of June 30, 2021 and December 31, 2020, respectively) 31,473 203,207 209,590
Income taxes payable, current (including consolidated VIE amount without recourse to the Company of RMB 180,666 and RMB 180,070 as of June 30, 2021 and December 31, 2020, respectively) 28,669 185,105 184,638
Amounts due to related parties (including consolidated VIE amount without recourse to the Company of RMB 2,771 and RMB 2,543 as of June 30, 2021 and December 31, 2020, respectively) 429 2,771 2,543
Operating lease liability, current (including consolidated VIE amount without recourse to the Company of RMB 24,014 and RMB 27,962 as of June 30, 2021 and December 31, 2020, respectively) 7,620 49,198 53,702
Total current liabilities 95,637 617,478 643,595
Non-current liabilities:      
Long-term borrowing (including consolidated VIE amount without recourse to the Company of RMB nil and RMB nil as of June 30, 2021 and December 31, 2020, respectively)     9,594
Other non-current liabilities (including consolidated VIE amount without recourse to the Company of RMB 95 and RMB 188 as of June 30, 2021 and December 31, 2020, respectively) 47 304 292
Income taxes payable, non-current (including consolidated VIE amount without recourse to the Company of RMB 34,322 and RMB 34,763 as of June 30, 2021 and December 31, 2020, respectively) 5,316 34,322 34,763
Operating lease liability, non-current (including consolidated VIE amount without recourse to the Company of RMB 71,459 and RMB 74,725 as of June 30, 2021 and December 31, 2020, respectively) 32,196 207,877 220,319
Total non-current liabilities 37,559 242,503 264,968
Total liabilities 133,196 859,981 908,563
EQUITY      
Preferred shares (US$ 0.003 par value;1,666,667 shares authorized, nil issued and outstanding as of June 30, 2021 and December 31, 2020)
Additional paid-in capital 549,130 3,545,512 3,545,073
Statutory reserve 652 4,210 4,210
Accumulated deficit (528,302) (3,411,035) (3,419,146)
Accumulated other comprehensive income 1,844 11,907 12,101
Total Ambow Education Holding Ltd.'s equity 23,461 151,478 143,122
Non-controlling interests (385) (2,487) (1,968)
Total equity 23,076 148,991 141,154
Total liabilities and equity 156,272 1,008,972 1,049,717
Class A Ordinary Shares [Member]      
EQUITY      
Ordinary shares 123 794 794
Total equity   794 794
Class C Ordinary Shares [Member]      
EQUITY      
Ordinary shares $ 14 90 90
Total equity   ¥ 90 ¥ 90