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SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2021

SIGNIFICANT ACCOUNTING POLICIES

Schedule of Disaggregation of Revenue

​

​	​	​	​	​	​	​
(RMB in thousands)		K‑12 Schools		CP&CE Programs		Consolidated
​		RMB	​	RMB	​	RMB
Net Revenues in the six months ended June 30, 2021		175,650		126,206		301,856
Net Revenues in the six months ended June 30, 2020	​	126,800	​	118,942	​	245,742
Net Revenues in the three months ended June 30, 2021		104,748		67,503		172,251
Net Revenues in the three months ended June 30, 2020	​	85,389	​	70,074	​	155,463

Schedule of Disaggregation of Deferred Revenue

​

​	​	​	​	​
​		As of
​	​	June 30, 2021	​	December 31, 2020
​		RMB		RMB
​	​	Unaudited	​	​
K-12 Schools	​	111,106	​	126,564
CP&CE Programs		25,168		37,135
Total		136,274		163,699

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The tabular disclosure of disaggregation of deferred revenue.

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045

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