XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
¥ in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
USD ($)
$ / shares
shares
Jun. 30, 2021
CNY (¥)
¥ / shares
shares
Jun. 30, 2020
CNY (¥)
¥ / shares
shares
Jun. 30, 2021
USD ($)
$ / shares
shares
Jun. 30, 2021
CNY (¥)
¥ / shares
shares
Jun. 30, 2020
CNY (¥)
¥ / shares
shares
NET REVENUES            
Total net revenues $ 26,678 ¥ 172,251 ¥ 155,463 $ 46,751 ¥ 301,856 ¥ 245,742
COST OF REVENUES            
Total cost of revenues (14,919) (96,322) (95,051) (28,081) (181,305) (173,782)
GROSS PROFIT 11,759 75,929 60,412 18,670 120,551 71,960
Operating expenses:            
Selling and marketing (2,079) (13,422) (13,657) (3,782) (24,422) (24,206)
General and administrative (5,949) (38,412) (45,042) (13,220) (85,357) (84,243)
Research and development (582) (3,757) (1,567) (868) (5,602) (2,698)
Total operating expenses (8,610) (55,591) (60,266) (17,870) (115,381) (111,147)
OPERATING INCOME (LOSS) 3,149 20,338 146 800 5,170 (39,187)
OTHER INCOME (EXPENSES)            
Interest income 302 1,948 2,145 621 4,008 4,135
Foreign exchange gain (loss), net (2) (12) 9 31 203 35
Other (loss) income, net (37) (240) 146 (183) (1,180) 1,552
Gain from deregistration of subsidiaries 183 1,181 3,897 205 1,325 3,897
Gain on the bargain purchase | ¥           40,273
Gain on sale of investment available for sale 73 474 530 189 1,221 1,056
Total other income 519 3,351 6,727 863 5,577 50,948
INCOME BEFORE INCOME TAX AND NON-CONTROLLING INTEREST 3,668 23,689 6,873 1,663 10,747 11,761
Income tax expense (236) (1,526) (2,362) (489) (3,155) (1,623)
NET INCOME 3,432 22,163 4,511 1,174 7,592 10,138
Less: Net loss attributable to non-controlling interest (43) (277) (296) (80) (519) (708)
NET INCOME ATTRIBUTABLE TO ORDINARY SHAREHOLDERS 3,475 22,440 4,807 1,254 8,111 10,846
NET INCOME 3,432 22,163 4,511 1,174 7,592 10,138
OTHER COMPREHENSIVE INCOME, NET OF TAX            
Foreign currency translation adjustments (82) (532) 7,895 (65) (417) 8,328
Unrealized gains on short-term investments            
Unrealized holding gains arising during period 76 493 499 166 1,075 940
Less: reclassification adjustment for gains included in net income 48 308 381 132 852 668
Other comprehensive (loss) income (54) (347) 8,013 (31) (194) 8,600
TOTAL COMPREHENSIVE INCOME $ 3,378 ¥ 21,816 ¥ 12,524 $ 1,143 ¥ 7,398 ¥ 18,738
Net income per share - basic and diluted | (per share) $ 0.07 ¥ 0.48 ¥ 0.11 $ 0.03 ¥ 0.17 ¥ 0.25
Weighted average shares used in calculating basic and diluted net income per share | shares 46,648,495 46,648,495 43,583,418 46,642,280 46,642,280 43,577,168
Educational program and services            
NET REVENUES            
Total net revenues $ 26,576 ¥ 171,590 ¥ 155,392 $ 46,635 ¥ 301,104 ¥ 245,659
COST OF REVENUES            
Total cost of revenues (14,797) (95,536) (94,891) (27,782) (179,375) (172,324)
Intelligent program and services            
NET REVENUES            
Total net revenues 102 661 71 116 752 83
COST OF REVENUES            
Total cost of revenues $ (122) ¥ (786) ¥ (160) $ (299) ¥ (1,930) ¥ (1,458)