Income Taxes (Tables)

12 Months Ended

Feb. 28, 2022

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expenses

Income tax expenses consist of the following:

	For the year ended
	February 29, 2020			February 28, 2021			February 28, 2022
	RMB			RMB			RMB		USD
Current income tax expense:
PRC		16,865			8,030			7,407		1,175
Deferred income tax expense:
PRC		(12,676	)		(3,270	)		14,436		2,288
Total income tax expense		4,189			4,760			21,843		3,463

Summary of Deferred Tax Assets and Liabilities

The Group’s deferred tax assets and liabilities were as follows:

	As of
	February 28, 2021			February 28, 2022
	RMB			RMB			USD
Deferred tax assets:
Net operating loss carry-forward		4,440			7,054			1,118
Advertising expenses		3,019			5,535			879
Rental		2,701			2,128			337
Accrued expenses		12,048			13,168			2,087
Property and equipment, net		102			119			19
Allowance for doubtful accounts		244			2,318			367
Less: valuation allowance		(6,301	)		(27,368	)		(4,338	)
Total deferred tax assets		16,253			2,954			469
Deferred tax liabilities:
Intangible assets		1,673			725			115
Right-of-use asset		—			2,085			331
Total deferred tax liabilities		1,673			2,810			446
Net deferred tax assets		14,580			144			23

Summary of Movement of Valuation Allowance

Movement of the valuation allowance is as follows:

	As of
	February 28, 2021			February 28, 2022
	RMB			RMB			USD
Balance at the beginning of the year		(3,064	)		(6,301	)		(999	)
Provided		(3,733	)		(23,079	)		(3,658	)
Written off		496			2,012			319
Balance at the end of the year		(6,301	)		(27,368	)		(4,338	)

Summary of Reconciliations of Difference Between PRC Statutory Income Tax Rate and Group's Effective Income Tax Rate

Reconciliations of the differences between PRC statutory income tax rate and the Group’s effective income tax rate for the years ended February 29, 2020, February 28, 2021 and 2022 are as follows:

	For the year ended
	February 29,			February 28,			February 28,
	2020			2021			2022
Statutory income tax rate		25	%		25	%		25	%
Non-deductible expenses		(36	%)		(32	%)		(12	%)
Effect of preferential tax rate		6	%		8	%		(5	%)
Effect of different tax rate of subsidiary   operation in other jurisdiction		2	%		(7	%)		(6	%)
Effect of valuation allowance		(1	%)		(19	%)		(38	%)
Effective tax rate		(4	%)		(25	%)		(36	%)

For the year ended February 29, 2020 and February 28, 2022, the non-deductible expense is mainly due to goodwill impairment.