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Unaudited Condensed Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Jun. 30, 2024
CNY (¥)
Jun. 30, 2024
USD ($)
Dec. 31, 2023
CNY (¥)
Current assets      
Cash and cash equivalents ¥ 188,764 $ 25,975 ¥ 205,465
Accounts receivable, net 246,812 33,962 260,979
Prepaid expenses and other current assets 59,840 8,234 78,653
Amounts due from related parties 355
Investment in marketable security 35,290 4,856 31,525
Total current assets 530,706 73,027 576,977
Property and equipment, net 1,863 256 2,193
Intangible assets, net 408,690 56,238 412,154
Goodwill 182,536 25,118 182,467
Long term investment 267,519 36,812 254,411
Long term deposits and other assets 731 101 726
Right-of-use assets-operating lease 8,544 1,176 12,157
Deferred tax assets 5,222 719 7,379
Total non-current assets 875,105 120,420 871,487
TOTAL ASSETS 1,405,811 193,447 1,448,464
Current liabilities      
Accounts payable 35,034 4,820 73,183
Accrued salary and employee benefits 9,394 1,293 14,763
Accrued expenses and other current liabilities 8,244 1,134 27,610
Income tax payable 9,196 1,265 13,005
Lease liabilities-operating lease -current 6,101 840 7,974
Deferred revenue 84,997 11,696 97,586
Total current liabilities 152,966 21,048 234,121
Non-current liabilities      
Deferred tax liabilities 59,109 8,134 59,818
Lease liabilities-operating lease -non-current 2,773 382 4,798
Total non-current liabilities 61,882 8,516 64,616
TOTAL LIABILITIES 214,848 29,564 298,737
Commitments and contingencies
EQUITY      
Shares to be issued 20,817 2,865 30,777
Treasury stocks (19,216) (2,644) (19,216)
Statutory reserves 48,040 6,611 44,698
Retained earnings 667,399 91,837 628,821
Accumulated other comprehensive income 17,357 2,388 17,965
Total shareholders’ equity 1,197,505 164,783 1,150,564
Non-controlling interests (6,542) (900) (837)
Total equity 1,190,963 163,883 1,149,727
TOTAL LIABILITIES AND EQUITY 1,405,811 193,447 1,448,464
Related Party      
Current assets      
Amounts due from related parties 355
Class A Ordinary Shares      
EQUITY      
Ordinary shares value 439,212 60,438 423,623
Class B Ordinary Shares      
EQUITY      
Ordinary shares value ¥ 23,896 $ 3,288 ¥ 23,896