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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2024
Income Taxes [Abstract]  
Schedule of Income Tax Expenses

The income tax expenses comprise:

 

   For the years ended December 31, 
   2022   2023   2024   2024 
   RMB   RMB   RMB   US$ 
Current income tax expense   19,469    12,940    14,142    1,937 
Deferred income tax (benefit) expense   (1,402)   (4,460)   (1,545)   (211)
Income tax expenses   18,067    8,480    12,597    1,726 
Schedule of Reconciliation of Differences Between the Statutory Tax Rate and the Effective Tax Rate

A reconciliation of the differences between the statutory tax rate and the effective tax rate for CIT for the years ended December 31, 2022, 2023 and 2024 is as follows:

 

   For the years ended December 31, 
   2022   2023   2024 
Income tax computed at PRC statutory tax rate   25.0%   (25.0)%   25.0%
Effect of tax-preferential entities   (7.1)%   23.0%   (17.0)%
Non-deductible expenses and others   (9.4)%   34.0%   24.1%
Income tax expense   8.5%   32.0%   32.1%
Schedule of Components of Deferred Taxes

The components of deferred taxes are as follows:

 

   As of December 31, 
   2023   2024   2024 
   RMB   RMB   US$ 
Deferred tax assets:            
Allowance for credit losses   3,724    3,870    530 
Net operating losses carried forward   3,655    3,635    498 
    7,379    7,505    1,028 

The components of deferred tax liabilities are as follows:

 

   As of December 31, 
   2023   2024   2024 
   RMB   RMB   US$ 
Deferred tax liabilities            
Intangible assets acquired through acquisition   59,818    58,400    8,001 
    59,818    58,400    8,001