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Combined and Consolidated Statements of Operations
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
CNY (¥)
¥ / shares
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2019
CNY (¥)
¥ / shares
shares
Dec. 31, 2018
CNY (¥)
¥ / shares
shares
Revenue:        
Workspace membership revenue ¥ 422,984 $ 64,825 ¥ 557,994 ¥ 394,356
Marketing and branding service revenue (including services provided to a related party of RMB nil, RMB 117,796 and RMB77,046 for the years ended December 31, 2018, 2019 and 2020) 317,461 48,653 534,826 24,617
Other service revenue (including services provided to related parties of RMB 4,435, RMB 12,116 and RMB19,955 for the years ended December 31, 2018, 2019 and 2020) 136,692 20,949 74,538 29,535
Total revenue 877,137 134,427 1,167,358 448,508
Cost of revenue:        
Workspace membership (including services provided by related parties of RMB 11,964, RMB 22,336 and RMB12,564 for the years ended December 31, 2018, 2019 and 2020) (557,102) (85,380) (814,002) (624,844)
Marketing and branding service (including services provided by related parties of RMB nil, RMB 57,444 and RMB11,504 for the years ended December 31, 2018, 2019 and 2020) (297,893) (45,654) (485,473) (22,481)
Other services (113,074) (17,329) (69,917) (16,284)
Total cost of revenue (968,069) (148,363) (1,369,392) (663,609)
Operating expenses:        
Impairment loss on long-lived assets (36,505) (5,595) (52,030) (111,203)
Pre-opening expenses (15,124) (20,165)
Sales and marketing expenses (47,061) (7,212) (75,841) (44,783)
General and administrative expenses (320,202) (49,073) (181,582) (118,798)
Remeasurement gain of previously held equity interests in connection with step acquisitions 386 27,543
Change in fair value of liabilities to be settled in shares (179,475) 25,607
Loss from operations (494,700) (75,816) (705,700) (456,900)
Interest income/(expense), net (12,863) (1,971) (10,402) 11,672
Subsidy income 13,931 2,135 16,782 31,783
Impairment loss on long-term investments (10,060) (1,542) (37,453) (18,990)
Gain on disposal of long-term investments 8,561 1,312 2,030
Loss on disposal of subsidiaries (39,703) (6,085)
Other (expense) /income, net 30,393 4,658 (63,480) (11,715)
Loss before income taxes and loss from equity method investments (504,441) (77,309) (800,253) (442,120)
Provision for income taxes (2,864) (439) (4,872) (2,087)
Loss from equity method investments (639) (98) (1,548) (948)
Net loss (507,944) (77,846) (806,673) (445,155)
Less: Net loss attributable to noncontrolling interests (19,452) (2,981) (15,523) (15,563)
Net loss attributable to Ucommune International Ltd. ¥ (488,492) $ (74,865) ¥ (791,150) ¥ (429,592)
Net loss per share attributable to ordinary shareholders of Ucommune International Ltd.(i)        
- Basic (in Dollars per share and Yuan Renminbi per share) | (per share) [1] ¥ (7.50) $ (1.15) ¥ (15.80) ¥ (9.91)
- Diluted (in Dollars per share and Yuan Renminbi per share) | (per share) [1] ¥ (7.50) $ (1.15) ¥ (15.80) ¥ (9.91)
Weighted average shares used in calculating net loss per share(i)        
- Basic (in Shares) [1] 65,141,759 65,141,759 50,074,152 43,359,150
- Diluted (in Shares) [1] 65,141,759 65,141,759 50,074,152 43,359,150
[1] Par value of ordinary shares, additional paid-in capital and share data have been retroactively restated to give effect to the reverse recapitalization that is discussed in Note 1(a)