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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2022
SIGNIFICANT ACCOUNTING POLICIES  
Schedule of property, plant and equipment estimated useful life and residual value

Category

    

Estimated useful life

Furniture, fixture and equipment

 

5 years

Leasehold improvement

 

Shorter of lease term or economic life

Schedule of revenues disaggregated by revenue sources and revenue types

The following table presents the Group’s revenues disaggregated by revenue types.

Years ended December 31, 

    

2020

    

2021

    

2022

Services:

  

  

 

Tuition fees from kindergartens and student care centers

  

24,914

29,941

 

29,595

Franchise fees

  

1,000

869

 

941

Others

2

123

110

Products:

  

 

Sale of educational merchandise

  

48

74

 

106

Total net revenues

  

25,964

31,007

 

30,752

Years ended December 31,

    

2020

    

2021

    

2022

Recognized over time

 

25,916

 

30,933

 

30,646

Recognized point in time

 

48

 

74

 

106

Total net revenues

 

25,964

 

31,007

 

30,752

Schedule of contract liabilities

 

2020

2021

    

2022

Prepayments from customers

 

 

53

Deferred revenue, current portion

 

559

802

 

892