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CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Feb. 28, 2022
USD ($)
Feb. 28, 2022
CNY (¥)
Feb. 28, 2021
CNY (¥)
Current assets      
Cash and cash equivalents $ 41,600 ¥ 262,429 ¥ 378,358
Accounts receivable and contract assets, net of allowance for credit losses of RMB215 as of both February 28, 2021 and 2022 323 2,037 360
Other receivables, deposits and other assets, net of allowance for credit losses of RMB5,052 as of both February 28, 2021 and 2022 1,899 11,979 10,566
Amounts due from related parties, net of allowance for credit losses of nil and RMB332 as of February 28, 2021and 2022, respectively 560 3,534  
Short-term investment 14,194 89,544 31,000
Long-term investments under fair value - current 24,802 156,459 96,558
Total current assets 83,378 525,982 516,842
Non-current assets      
Restricted cash 1,628 10,273 10,855
Property and equipment, net 1,370 8,643 15,804
Operating lease right-of-use assets 5,625 35,482 150,696
Intangible assets, net 518 3,265 7,118
Goodwill     36,967
Deferred tax assets 138 869 16,253
Long-term investments, net 2,219 14,000 36,784
Long-term investment under fair value - non-current     163,303
Other non-current assets 637 4,019 12,571
Total non-current assets 12,135 76,551 450,351
TOTAL ASSETS 95,513 602,533 967,193
Current liabilities      
Amounts due to related parties 140 883 1,495
Accrued expenses and other current liabilities 10,825 68,289 86,947
Operating lease liabilities - current 505 3,185 52,674
Income tax payable 2,334 14,722 10,630
Deferred revenue 1,029 6,492 75,242
Total current liabilities 14,833 93,571 226,988
Non-current liabilities      
Deferred tax liabilities 115 725 1,673
Operating lease liabilities - non-current 910 5,743 92,144
Total non-current liabilities 1,025 6,468 93,817
TOTAL LIABILITIES 15,858 100,039 320,805
Commitments and contingencies
EQUITY      
Ordinary shares (US$0.0001 par value; 500,000,000 shares authorized, 23,131,195 and 21,238,806 shares issued and outstanding as of both February 28, 2021 and 2022, respectively) 2 14 15
Additional paid-in capital 123,172 777,023 768,150
Treasury shares (970,788 and 2,863,117 shares as of February 28, 2021 and 2022, respectively) (8,828) (55,693) (27,899)
Accumulated deficit (40,047) (252,634) (138,290)
Accumulated other comprehensive loss (3,609) (22,768) (13,289)
Shareholders’ equity 70,690 445,942 588,687
Non-controlling interests 8,965 56,552 57,701
Total equity 79,655 502,494 646,388
TOTAL LIABILITIES AND EQUITY $ 95,513 ¥ 602,533 ¥ 967,193