XML 77 R57.htm IDEA: XBRL DOCUMENT v3.22.1

SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-based Compensation, Stock Options, Activity

The following table sets forth the stock options activity for the years ended December 31, 2019, 2020 and 2021:

		Number of shares				Weighted- average exercise price				Weighted average remaining contractual term				Aggregate intrinsic value
						US$								000’US$
Outstanding as of December 31, 2019			93,846,550				0.19				3.77				30,442
Granted			—				—
Forfeited			(16,014,140	)			0.11
Exercised			(9,151,290	)			0.10
Expired			(115,200	)			0.14
Outstanding as of December 31, 2020			68,565,920				0.22				2.65				2,826
Granted			—				—
Forfeited			(5,655,230	)			0.26
Exercised			(748,730	)			0.10
Expired			(231,520	)			0.28
Outstanding as of December 31, 2021			61,930,440				0.21				1.73				—
Vested and expected to vest as of December 31, 2021			61,930,440
Exercisable as of December 31, 2021			59,693,900

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The Group uses the Binominal option pricing model to estimate the fair value of stock options. The assumptions used to value the Company’s options modified were as follow:

		2020				2021
Exercise price (US$)			N/A				0.0925
Exercise multiple			N/A				2.2/2.8
Risk-free interest rate			N/A				0.24%/0.33%
Expected term (in years)			N/A				6
Expected dividend yield			N/A				0.00%
Expected volatility			N/A				52.96%/55.13%
Expected forfeiture rate (post-vesting)			N/A				5%
Fair value of the underlying shares on the date of options grants (US$)			N/A				0.23
Fair value of share option (US$)			N/A				0.15

Nonvested Restricted Stock Shares Activity

A summary of activities of the service-based RSUs for the years ended December 31, 2019, 2020 and 2021 is presented below:

		Number of RSUs				Weighted-Average Grant-Date Fair Value
						US$
Unvested at December 31, 2019			36,834,850				0.76
Granted			64,210,210				0.43
Vested			(954,960	)
Forfeited			(51,629,000	)
Expired			(500,000	)
Unvested at December 31, 2020			47,961,100				0.63
Granted			55,988,000				0.21
Vested			(12,908,750	)
Forfeited			(45,336,000	)
Unvested at December 31, 2021			45,704,350				0.45

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested restricted stock shares.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration