XML 71 R45.htm IDEA: XBRL DOCUMENT v3.23.1
Revenues and Deferred Revenue (Tables)
12 Months Ended
Dec. 31, 2022
Disaggregation of Revenue [Abstract]  
Schedule of Disaggregation of Revenue disaggregated revenues by types were as follows:

 

 

 

Years ended December 31,

 

 

 

2020

 

 

2021

2022

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 Disaggregation of revenues

 

 

 

 

 

 

 

 

 

 Revenue by types:

 

 

 

 

 

 

 

 

 

 Gross revenues:

 

 

 

 

 

 

 

 

 

    Degree- or diploma-oriented post-secondary courses

 

 

1,904,957

 

 

 

1,636,256

 

 

 

1,087,413

 

  Professional certification preparation,
   professional skills and interest courses

 

 

268,118

 

 

 

794,700

 

 

 

1,115,542

 

 Subtotal Online educational courses

 

 

2,173,075

 

 

 

2,430,956

 

 

 

2,202,955

 

 Commissions

 

 

19,985

 

 

 

50,465

 

 

 

46,271

 

 Others

 

 

11,286

 

 

 

28,979

 

 

 

79,592

 

 Total revenues

 

 

2,204,346

 

 

 

2,510,400

 

 

 

2,328,818

 

 Less: VAT related surcharges

 

 

(555

)

 

 

(2,583

)

 

 

(5,717

)

 Total net revenues

 

 

2,203,791

 

 

 

2,507,817

 

 

 

2,323,101

 

 

Schedule of Movements of the Deferred Revenue

The movements of the deferred revenue for the years ended December 31, 2021 and 2022 were as follows (1):

 

 

 

As of December 31,

 

 

 

2021

 

 

2022

 

 

 

RMB

 

 

RMB

 

 Beginning balance (current and non-current)

 

 

3,024,443

 

 

 

2,348,179

 

 Additions

 

 

1,930,075

 

 

 

1,606,642

 

 Deductions

 

 

(2,606,339

)

 

 

(2,263,875

)

 Ending balance (current and non-current)

 

 

2,348,179

 

 

 

1,690,946

 

 Deferred revenue, current

 

 

1,266,948

 

 

 

986,086

 

 Deferred revenue, non-current

 

 

1,081,231

 

 

 

704,860

 

 

(1)
Amounts presented are inclusive of VAT (see VAT in Note 2).