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Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Dec. 31, 2023
CNY (¥)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
CNY (¥)
Current assets      
Cash and cash equivalents ¥ 205,465 $ 28,939 ¥ 175,292
Accounts receivable, net 260,979 36,758 316,657
Prepaid expenses and other current assets 78,653 11,078 115,170
Amounts due from related parties 355 50 1,115
Investment in marketable security 31,525 4,440 40,548
Total current assets 576,977 81,265 648,782
Property and equipment, net 2,193 309 2,735
Intangible assets, net 412,154 58,051 419,055
Goodwill 182,467 25,700 172,781
Long term investment 254,411 35,833 234,176
Long term deposits and other assets 726 102 953
Right-of-use assets-operating lease 12,157 1,712 19,209
Deferred tax assets 7,379 1,039 4,337
Total non-current assets 871,487 122,746 853,246
TOTAL ASSETS 1,448,464 204,011 1,502,028
Current liabilities      
Bank loan 5,000
Accounts payable 73,183 10,306 116,251
Accrued salary and employee benefits 14,763 2,079 12,428
Accrued expenses and other current liabilities 27,610 3,889 13,264
Contingent consideration – earn-out liability 4,336
Warrant liabilities 166
Income tax payable 13,005 1,832 13,531
Lease liabilities-operating lease -current 7,974 1,123 7,174
Deferred revenue 97,586 13,745 93,383
Total current liabilities 234,121 32,974 265,533
Non-current liabilities      
Deferred tax liabilities 59,818 8,425 61,236
Lease liabilities-operating lease -non-current 4,798 676 12,773
Total non-current liabilities 64,616 9,101 74,009
TOTAL LIABILITIES 298,737 42,075 339,542
Commitments and contingencies
EQUITY      
Shares to be issued 30,777 4,335 33,923
Treasury stocks (19,216) (2,707) (16,482)
Statutory reserves 44,698 6,296 39,208
Retained earnings 628,821 88,568 665,099
Accumulated other comprehensive income 17,965 2,530 18,070
Total shareholders’ equity 1,150,564 162,054 1,160,594
Non-controlling interests (837) (118) 1,892
Total equity 1,149,727 161,936 1,162,486
TOTAL LIABILITIES AND EQUITY 1,448,464 204,011 1,502,028
Class A Ordinary Shares      
EQUITY      
Ordinary shares value 423,623 59,666 396,880
Class B Ordinary Shares      
EQUITY      
Ordinary shares value ¥ 23,896 $ 3,366 ¥ 23,896