XML 28 R5.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Operations and Comprehensive Income (Loss)
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
CNY (¥)
¥ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Total revenue ¥ 1,363,384 $ 186,783 ¥ 1,464,871 ¥ 1,953,257
Cost of revenues (1,117,942) (153,157) (1,272,145) (1,670,068)
Gross profit 245,442 33,626 192,726 283,189
Sales and marketing expenses (7,049) (966) (1,355) (2,127)
General and administrative expenses (76,629) (10,498) (75,582) (61,005)
Research and development expenses (90,461) (12,393) (75,116) (67,538)
Provision for credit losses (30,584) (4,188) (17,865) (2,739)
Income from operations 40,719 5,581 22,808 149,780
Change in fair value of contingent consideration (5,624) 13,071
Change in fair value of warrant liabilities 170 10,776
Change in fair value of investment in marketable security 6,103 836 (9,023) 1,760
Investments income (loss) (5,742) (787) (31,328) 25,449
Impairment of long-term investments (10,425) (1,428) (11,800)
Interest income, net 3,211 440 2,739 2,506
Other income, net 1,609 220 7,449 11,443
Foreign exchange (loss) gain, net 3,805 521 (1,887) (1,493)
Income (loss) before income taxes 39,280 5,383 (26,496) 213,292
Income tax expense (12,597) (1,726) (8,480) (18,067)
Net income (loss) 26,683 3,657 (34,976) 195,225
Less: net income (loss) attributable to noncontrolling interest (13,002) (1,781) (4,188) 1,892
Net income (loss) attributable to the Company’s shareholders 39,685 5,438 (30,788) 193,333
Other comprehensive income (loss):        
Other comprehensive income (loss) - foreign currency translation adjustment (998) (137) (105) 955
Comprehensive income (loss) 25,685 3,520 (35,081) 196,180
Less: comprehensive income (loss) attributable to non-controlling interests (13,002) (1,781) (4,188) 1,892
Comprehensive income (loss) attributable to the Company’s shareholders ¥ 38,687 $ 5,301 ¥ (30,893) ¥ 194,288
Weighted average number of shares        
Basic (in Shares) 41,367,946 41,367,946 40,649,414 39,263,147
Diluted (in Shares) 41,564,237 41,564,237 40,649,414 39,263,147
Earnings (loss) per share        
Basic (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 0.96 $ 0.13 ¥ (0.76) ¥ 4.92
Diluted (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 0.95 $ 0.13 ¥ (0.76) ¥ 4.92
Live streaming - consumable virtual items revenue        
Total revenue ¥ 1,317,601 $ 180,510 ¥ 1,420,258 ¥ 1,886,179
Live streaming - time based virtual item revenue        
Total revenue 24,935 3,416 25,004 27,683
Technical services and others        
Total revenue ¥ 20,848 $ 2,857 ¥ 19,609 ¥ 39,395