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Segment Information (Tables)
12 Months Ended
Dec. 31, 2020
Segment Information  
Schedule of segment information

For the year ended

 

Dec. 31,

Dec. 31,

Dec. 31,

Dec. 31,

 

2018

2019

2020

2020

 

    

RMB

    

RMB

    

RMB

    

US$

 

(Note 2(e))

Net revenues

 

  

 

  

One-on-one offerings

1,044,769

 

1,365,706

 

1,957,013

 

299,925

Small class offerings

100,748

 

112,787

 

97,082

 

14,879

Total net revenues

1,145,517

 

1,478,493

 

2,054,095

 

314,804

Cost of revenues

  

 

  

 

 

One-on-one offerings

(342,927)

 

(386,085)

 

(540,707)

 

(82,867)

Small class offerings

(67,981)

 

(53,838)

 

(39,710)

 

(6,086)

Total cost of revenues

(410,908)

 

(439,923)

 

(580,417)

 

(88,953)

Gross profit

  

 

  

 

 

One-on-one offerings

701,842

 

979,621

 

1,416,306

 

217,058

Small class offerings

32,767

 

58,949

 

57,372

 

8,793

Total gross profit

734,609

 

1,038,570

 

1,473,678

 

225,851

Gross profit margin

  

 

  

 

 

One-on-one offerings

67.2

%

71.7

%  

72.4

%

72.4

%

Small class offerings

32.5

%

52.3

%

59.1

%

59.1

%

Total gross profit margin

64.1

%

70.2

%  

71.7

%

71.7

%

Sales and marketing expenses

  

 

  

 

 

One-on-one offerings

(647,314)

 

(738,010)

 

(991,479)

 

(151,951)

Small class offerings

(83,919)

 

(54,581)

 

(44,141)

 

(6,765)

Total sales and marketing expenses

(731,233)

 

(792,591)

 

(1,035,620)

 

(158,716)

Product development expenses

  

 

  

 

 

One-on-one offerings

(139,240)

 

(138,291)

 

(150,926)

 

(23,131)

Small class offerings

(45,760)

 

(19,214)

 

(11,903)

 

(1,824)

Total product development expenses

(185,000)

 

(157,505)

 

(162,829)

 

(24,955)

General and administrative expenses

  

 

  

 

 

One-on-one offerings

(186,983)

 

(178,606)

 

(202,955)

 

(31,104)

Small class offerings

(36,074)

 

(17,423)

 

(11,269)

 

(1,727)

Total general and administrative expenses

(223,057)

 

(196,029)

 

(214,224)

 

(32,831)

Operating expenses

  

 

  

 

 

One-on-one offerings

(973,537)

 

(1,054,907)

 

(1,345,360)

 

(206,186)

Small class offerings

(165,753)

 

(91,218)

 

(67,313)

 

(10,316)

Total operating expenses

(1,139,290)

 

(1,146,125)

 

(1,412,673)

 

(216,502)

Other income

One-on-one offerings

38,683

5,928

Small class offerings

4,731

725

Total other income

43,414

6,653

Income/(loss) from operations

  

 

  

 

 

One-on-one offerings

(271,695)

 

(75,286)

 

109,629

 

16,800

Small class offerings

(132,986)

 

(32,269)

 

(5,210)

 

(798)

Total income/(loss) from operations

(404,681)

 

(107,555)

 

104,419

 

16,002

Schedule of property and equipment by geographical location

Property and equipment

As of December 31, 

    

2019

    

2020

RMB

RMB

China

 

16,446

 

18,284

Philippines

 

3,890

 

2,891