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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
12 Months Ended
Dec. 31, 2021
CNY (¥)
¥ / shares
shares
Dec. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2020
CNY (¥)
¥ / shares
shares
Dec. 31, 2019
CNY (¥)
¥ / shares
shares
Revenues:        
Total revenues ¥ 1,206,145,958 $ 189,270,620 ¥ 930,010,096 ¥ 1,091,793,135
Operating costs and expenses:        
Hotel operating costs (including purchase from related parties of RMB 357,539, RMB 764,045 and RMB 889,140 (USD 139,525) for the years ended December 31, 2019, 2020 and 2021, respectively) (651,376,905) (102,215,250) (401,659,306) (338,826,479)
Selling and marketing expenses (including service from a related party of RMB 24,941, RMB 6,021,433 and RMB 9,438,030 (USD 1,481,033) for the years ended December 31, 2019, 2020 and 2021, respectively) (66,921,718) (10,501,478) (75,347,166) (84,970,401)
General and administrative expenses (including purchase from a related party of RMB 3,576,659, nil and nil for the years ended December 31, 2019, 2020 and 2021, respectively) (356,046,265) (55,871,428) (163,420,554) (184,989,324)
Other operating expenses (4,937,625) (774,821) (1,731,405) (3,286,652)
Total operating costs and expenses (1,079,282,513) (169,362,977) (642,158,431) (612,072,856)
Other operating income 27,059,935 4,246,294 31,399,552 24,832,269
Income from operations 153,923,380 24,153,937 319,251,217 504,552,548
Interest income and other, net (including interest income from related parties of RMB 3,100,049, RMB 21,336,855 and RMB 544,352 (USD 85,421) for the years ended December 31, 2019, 2020 and 2021, respectively) 59,974,418 9,411,295 72,934,212 66,088,425
Interest expenses (12,671,385) (1,988,417) (3,456,316) (2,505,904)
(Losses and impairment) Gains on equity securities held 9,137,875 1,433,932 (36,773,521) 55,253,744
Other income, net 11,818,559 1,854,590 2,296,981 2,690,742
Income before income taxes and share of gains in equity method investments 222,182,847 34,865,337 354,252,573 626,079,555
Income tax expense (108,888,882) (17,087,042) (110,459,202) (189,567,817)
Income before share of gains in equity method investments 113,293,965 17,778,295 243,793,371 436,511,738
Share of gains in equity method investments, net of tax 382,874 60,081 909,365 1,262,431
Net income 113,676,839 17,838,376 244,702,736 437,774,169
Net loss attributable to noncontrolling interests 3,761,411 590,248 16,641,655 4,944,094
Net income attributable to ordinary shareholders 117,438,250 18,428,624 261,344,391 442,718,263
Other comprehensive income(loss), net of tax        
-Foreign currency translation adjustments (6,497,403) (1,019,584) (19,714,207) 2,933,162
-Unrealized gains on available-for-sale investments, net of reclassification 2,791,663 438,073    
Other comprehensive income (loss), net of tax (3,705,740) (581,511) (19,714,207) 2,933,162
Comprehensive income, net of tax 109,971,099 17,256,865 224,988,529 440,707,331
Comprehensive loss attributable to noncontrolling interests 3,761,411 590,248 16,641,655 4,944,094
Comprehensive income attributable to ordinary shareholders ¥ 113,732,510 $ 17,847,113 ¥ 241,630,184 ¥ 445,651,425
Common Class A        
Earnings per share        
Basic earnings per share | (per share) ¥ 1.14 $ 0.18 ¥ 2.54 ¥ 4.34
Diluted earnings per share | (per share) ¥ 1.14 $ 0.18 ¥ 2.54 ¥ 4.34
Weighted average shares outstanding        
Weighted average shares outstanding basic 68,286,954 68,286,954 68,286,954 67,315,727
Weighted average shares outstanding diluted 68,286,954 68,286,954 68,286,954 67,315,727
Common Class B        
Earnings per share        
Basic earnings per share | (per share) ¥ 1.14 $ 0.18 ¥ 2.54 ¥ 4.34
Diluted earnings per share | (per share) ¥ 1.14 $ 0.18 ¥ 2.54 ¥ 4.34
Weighted average shares outstanding        
Weighted average shares outstanding basic 34,762,909 34,762,909 34,762,909 34,762,909
Weighted average shares outstanding diluted 34,762,909 34,762,909 34,762,909 34,762,909
Leased And Operated Hotels        
Revenues:        
Total revenues ¥ 391,960,031 $ 61,507,082 ¥ 227,074,041 ¥ 253,420,676
Franchised And Managed Hotels        
Revenues:        
Total revenues 774,359,348 121,513,879 677,480,818 831,340,340
Others        
Revenues:        
Total revenues ¥ 39,826,579 $ 6,249,659 ¥ 25,455,237 ¥ 7,032,119