Organization and Principal Activities (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Schedule of subsidiaries

Subsidiaries	Date of incorporation	Place of incorporation	Percentage of direct/indirect ownership	Principal activities
Scienjoy Inc.	March 2, 2017	Cayman Islands	100%	Holding Company
Scienjoy International Limited (“Scienjoy HK”)	May 18, 2017	Hong Kong	100%	Holding Company
Sixiang Wuxian (Beijing) Technology Co., Ltd. (“WX” or “WFOE”)	October 17, 2017	The PRC	100%	Holding Company
Sixiang Zhihui (Beijing) Technology Co., Ltd. (“ZH”)	July 5, 2018	The PRC	100%	Holding Company
Holgus Sixiang Information Technology Co., Ltd. (“Holgus X”)	May 9, 2017	The PRC	100%	Live streaming platform
Kashgar Sixiang Times Internet Technology Co., Ltd. (“Kashgar Times”)	March 2, 2016	The PRC	100%	Live streaming platform
Scienjoy BeeLive Limited (formerly known as Sciscape International Limited, “SIL”)	December 18, 2017	Hong Kong	100%	Live streaming platform
Kashgar Sixiang Lehong Information Technology Co., Ltd (“Kashgar Lehong”)	July 23, 2020	The PRC	100%	Information technology
Holgus Sixiang Haohan Internet Technology Co., Ltd.(“Holgus H”) (a wholly owned subsidiary of ZH)	December 11, 2020	The PRC	100%	Information technology
Sixiang ZhiHui(HaiNan) Technology Co., Ltd (“ZHHN”) (a wholly owned subsidiary of ZH)	December 23, 2020	The PRC	100%	Live streaming platform
ZhiHui QiYuan(HaiNan) Investment Co,. Ltd (“QYHN”) (a wholly owned subsidiary of ZH)	March 2, 2021	The PRC	100%	Live streaming platform
VIEs
Zhihui Qiyuan (Beijing) Technology Co., Ltd. (“QY”)	January 22, 2019	The PRC	100%	Holding Company
Beijing Sixiang Shiguang Technology Co., Ltd. (“SG”)	October 28, 2011	The PRC	100%	Live streaming platform
Hai Xiu (Beijing) Technology Co., Ltd. (“HX”)	April 18, 2016	The PRC	100%	Live streaming platform
Beijing Le Hai Technology Co., Ltd. (“LH”)	June 16, 2015	The PRC	100%	Live streaming platform
Lixiaozhi (Chongqing) Internet Technology Co., Ltd. (“LXZ”)	July 18, 2018	The PRC	100%	Live streaming platform
Sixiang Mifeng (Tianjin) Technology Co., Ltd (“DF”, formerly known as Tianjin Guangju Dingfei Technology Co., Ltd)	August 8, 2016	The PRC	100%	Live streaming platform
Changxiang Infinite Technology (Beijing) Co., Ltd. (“CX”) (a wholly owned subsidiary of DF)	September 22, 2016	The PRC	100%	Live streaming platform

Schedule of consolidated financial statements of balance sheets

	As of December 31,
	2019		2020		2020
	RMB		RMB		USD
ASSETS
Current assets
Cash and cash equivalents		43,907		72,179		11,062
Accounts receivable, net		65,357		183,555		28,131
Prepaid expenses and other current assets		6,104		11,728		1,797
Loan receivables - related parties		500		-		-
Amounts due from inter-companies(1)		131,380		130,987		20,075
Total current assets		247,248		398,449		61,065
Non-current assets
Property and equipment, net		575		1,195		183
Intangible assets, net		186		239,609		36,722
Goodwill		-		92,069		14,110
Deferred tax assets		474		5,004		767
Long term deposits and other assets		1,051		950		146
Deferred IPO cost		1,307		-		-
Long term investments		5,000		5,000		766
Total non-current assets		8,593		343,827		52,694
TOTAL ASSETS		255,841		742,276		113,759
LIABILITIES
Current liabilities
Accounts payable		22,138		58,713		8,998
Deferred revenue		22,418		35,259		5,404
Accrued salary and employee benefits		7,594		16,069		2,463
Accrued expenses and other current liabilities		1,991		8,921		1,367
Income tax payable		8,435		8,581		1,315
Amounts due to related parties		8,482		-		-
Amounts due to inter-companies(1)		133,600		248,127		38,027
Current portion of contingent consideration – earn-out liability		-		16,365		2,508
Total current liabilities		204,658		392,035		60,082
Non-current liabilities
Deferred tax liabilities		-		59,729		9,154
Contingent consideration – earn-out liability		-		15,116		2,317
Total non-current liabilities		-		74,845		11,471
TOTAL LIABILITIES		204,658		466,880		71,553

Schedule of consolidated statements of income

	For the years ended December 31,
	2018			2019		2020		2020
	RMB			RMB		RMB		USD
Net revenues		410,810			700,729		940,783		144,181
Third party customers		393,207			635,855		936,551		143,532
Inter-companies		17,603			64,874		4,232		649
Net (loss) income		(32,108	)		36,982		45,722		7,007

Schedule of consolidated statements of cash flow activities

	For the years ended December 31,
	2018			2019			2020			2020
	RMB			RMB			RMB			USD
Net cash (used in) provided by operating activities		(4,003	)		60,234			270,927			41,521
Net cash used in investing activities		(357	)		(5,347	)		(323,670	)		(49,605	)
Net cash used in financing activities		(9,750	)		(28,682	)		80,247			12,298