Summary of Significant Accounting Policies (Tables)

12 Months Ended

Feb. 28, 2022

Accounting Policies [Abstract]

Schedule of Balances and Amounts of VIEs and Subsidiaries

The following consolidated financial statement balances and amounts of the Company's VIEs and their subsidiaries, were included in the accompanying consolidated financial statements after the elimination of intercompany balances and transactions among the Company, its subsidiaries, its VIEs and VIEs’ subsidiaries.

	As of
	February 28,		February 28,
	2021		2022
	RMB		RMB		USD
ASSETS
Total current assets		143,671		64,735		10,262
Total non-current assets		236,098		61,160		9,695
TOTAL ASSETS		379,769		125,895		19,957
LIABILITIES
Amount due to related parties		1,495		883		140
Accrued expenses and other current liabilities		82,736		64,449		10,216
Operating lease liabilities-current		52,290		2,626		416
Income tax payable		8,316		12,339		1,956
Deferred revenue		75,242		6,492		1,029
Total current liabilities		220,079		86,789		13,757
Deferred tax liabilities		1,673		725		115
Operating lease liabilities-non-current		78,828		5,152		817
Total non-current liabilities		80,501		5,877		932
TOTAL LIABILITIES		300,580		92,666		14,689

	Year Ended
	February 29,			February 28,			February 28,
	2020			2021			2022
	RMB			RMB			RMB			USD
Total revenue		389,049			280,282			250,223			39,665
Operating loss		(101,126	)		(13,652	)		(63,619	)		(10,085	)
Net loss		(96,977	)		(5,529	)		(80,976	)		(12,836	)
Net cash provided by (used in) operating  activities		54,778			43,753			(70,397	)		(11,159	)
Net cash (used in) provided by investing  activities		(29,206	)		(33,758	)		(2,294	)		(364	)
Net cash provided by financing activities		724			198			21,349			3,384

Summary of Assets Measured at Fair Value on Non-Recurring Basis

The following table presents the impairment charges recorded by the Group for assets measured at fair value on a non-recurring basis for the years ended February 29, 2020, February 28, 2021 and 2022:

	February 29,				February 28,				February 28,
	2020				2021				2022
	Fair Value As of Impairment Date		Total Impairment Loss		Fair Value As of Impairment Date		Total Impairment Loss		Fair Value As of  Impairment Date				Total Impairment  Loss
	RMB		RMB		RMB		RMB		RMB		USD		RMB		USD
Property and equipment,   net (Note 4)		—		764		—		—		—		—		7,871		1,248
Operating lease   right-of-use assets		—		800		—		—		—		—		—		—
Intangible assets,   net (Note 5)		—		30,804		—		—		—		—		2,255		357
Goodwill (Note 6)		17,022		114,612		—		—		—		—		42,307		6,707

Schedule of Estimated Useful Lives of Property and Equipment

Property and equipment is generally stated at historical cost and depreciated on a straight-line basis over the estimated useful lives of the assets. Depreciation and amortization expense of long-lived assets is included in either cost of revenue or selling, general and administrative expenses, as appropriate. Property and equipment consists of the following and depreciation is calculated on a straight-line basis over the following estimated useful lives:

Electronic equipment	3 - 5 years
Office equipment & Furniture	3 - 5 years
Motor vehicles	3 - 5 years
Leasehold improvement	Shorter of the lease term or expected useful life

Schedule of Amortization Periods by Intangible Asset Classes

Acquired intangible assets other than goodwill consist of trade name, student base and customer relationship, school cooperation agreements, non-compete agreement and license which are carried at cost, less accumulated amortization and impairment. Intangible assets with finite lives are amortized over their estimated useful lives. The useful life of an intangible asset is the period over which the asset is expected to

contribute directly or indirectly to future cash flows. The amortization periods by intangible asset classes are as follows:

Trade name	10 - 20 years
Student base and customer relationship	3 - 9 years
School cooperation agreements	5 years
Non-compete agreements	3 years
Software	5 years
License	3 years

Summary of Disaggregation of Revenue

The following table represents disaggregation of Group's revenue from contracts with customers by main education programs for the years ended. The Group's revenue is reported net of value added taxes and surcharges.

	For the Year Ended February 28 or 29
	2020				2021				2022
	RMB		%		RMB		%		RMB		USD
Elementary school		300,278		77.2		207,720		74.1		165,436		26,225
Middle school		52,107		13.4		50,902		18.2		59,865		9,490
Special programs and others		38,298		9.8		21,714		7.7		25,706		4,074
Less: sales tax		1,634		0.4		54		0.0		784		124
Total		389,049		100.0		280,282		100.0		250,223		39,665