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GOODWILL (Tables)
12 Months Ended
Dec. 31, 2021
GOODWILL  
Schedule of changes in carrying amount of goodwill

As of December 31, 

    

2020

    

2021

Costs:

Beginning balance

 

53,024

 

54,938

Addition

 

210

 

391

Disposal

(796)

Foreign currency adjustment

 

1,704

 

1,440

Ending balance

 

54,938

 

55,973

Goodwill impairment

 

(8,791)

 

(13,871)

Goodwill, net

 

46,147

 

42,102

Schedule of key assumptions were made in the discounted cash flow model to determine the fair value of each reporting unit

    

Reporting Units in PRC

GEH

Revenue growth

 

2%-14%

8%-12%

WACC

 

18%

14%

Income Tax Rate

 

25%

17%

Terminal growth rate

 

2.3%

2%

Forecasted inflation rate

 

2.3%

2%