XML 28 R7.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT
¥ in Thousands, $ in Thousands
CNY (¥)
shares
USD ($)
shares
Class A Ordinary Shares
CNY (¥)
shares
Class B Ordinary Shares
shares
Class C Ordinary Shares
CNY (¥)
shares
Ordinary Shares
CNY (¥)
shares
Additional Paid-in Capital
CNY (¥)
Additional Paid-in Capital
USD ($)
Treasury Stock
shares
Accumulated Other Comprehensive (Loss)/Income
CNY (¥)
Accumulated Other Comprehensive (Loss)/Income
USD ($)
Accumulated Deficit
CNY (¥)
Accumulated Deficit
USD ($)
Total Sunlands Technology Group Shareholders' Deficit
CNY (¥)
Total Sunlands Technology Group Shareholders' Deficit
USD ($)
Noncontrolling Interest
CNY (¥)
Noncontrolling Interest
USD ($)
Balances at Dec. 31, 2015 ¥ (371,744)         ¥ 1 ¥ 911         ¥ (372,656)   ¥ (371,744)      
Balances (in shares) at Dec. 31, 2015 | shares           3,818,618                      
Net loss for the year (253,567)                     (253,567)   (253,567)      
Recapitalization in connection with the Group’s 2016 reorganization (Note 1) (293,644)                     (293,644)   (293,644)      
Capital contribution from equity shareholders 30,000           30,000             30,000      
Balances at Dec. 31, 2016 (888,955)         ¥ 1 30,911         (919,867)   (888,955)      
Balances (in shares) at Dec. 31, 2016 | shares           3,818,618                      
Net loss for the year (918,714)                     (918,578)   (918,578)   ¥ (136)  
Capital contribution from a noncontrolling shareholder 200                             200  
Repurchase of equity from shareholders [1] (71,303)           (30,000)         (41,303)   (71,303)      
Cash dividend to a Series A convertible redeemable preferred shareholder (Note 13) (43,000)                     (43,000)   (43,000)      
Shares issuance in relation to share-based compensation (Note 16), shares | shares           510,382                      
Share-based compensation 288,763           288,763             288,763      
Foreign currency translation adjustments (8,759)                 ¥ (8,759)       (8,759)      
Balances at Dec. 31, 2017 ¥ (1,641,768)         ¥ 1 289,674     (8,759)   (1,922,748)   (1,641,832)   64  
Balances (in shares) at Dec. 31, 2017 | shares 4,329,000 4,329,000       4,329,000                      
Net loss for the year ¥ (926,950) $ (134,820)                   (927,022)   (927,022)   72  
Issuance of ordinary shares, net of issuance cost of 80,128 1,109,517           1,109,517             1,109,517      
Issuance of ordinary shares, net of issuance cost, shares | shares     659,131                            
Conversion of convertible redeemable preferred shares upon initial public offering (Note 14) 1,024,709   ¥ 1   ¥ 1 ¥ (1) 1,024,708             1,024,709      
Conversion of convertible redeemable preferred shares upon initial public offering (Note 14), shares | shares     1,159,252 826,389 4,265,286 (4,329,000)                      
Share repurchase (34,828)           (34,828)             (34,828)      
Share repurchase, shares | shares     (45,082)           45,082                
Share-based compensation 2,751           2,751             2,751      
Foreign currency translation adjustments 127,586 18,557               127,586       127,586      
Balances at Dec. 31, 2018 ¥ (338,983) $ (49,303) ¥ 1   ¥ 1   ¥ 2,391,822 $ 347,876   ¥ 118,827 $ 17,283 ¥ (2,849,770) $ (414,482) ¥ (339,119) $ (49,323) ¥ 136 $ 20
Balances (in shares) at Dec. 31, 2018 | shares     1,773,301 826,389 4,265,286       45,082                
[1] In July 2017, Beijing Shangde Online Education Technology Co., Ltd. (“Beijing Sunlands”) repurchased equity interests held by certain shareholders at a total cash consideration of RMB71,303. Such equity interests of Beijing Sunlands were originally acquired at a cost of RMB30,000.