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CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Sep. 30, 2021
CNY (¥)
Sep. 30, 2021
USD ($)
Sep. 30, 2020
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 16,317 $ 2,532 ¥ 22,879
Restricted cash 2,935 456 8,887
Accounts receivable, net 370 57 1,943
Amounts due from related parties 201 31 168
Prepaid rent and deposit 571 89 51,281
Advances to suppliers 12,933 2,007 16,043
Other current assets 143,343 22,246 101,803
Total current assets 176,670 27,418 203,004
Non-current assets:      
Property and equipment, net 38,940 6,043 358,022
Intangible assets, net 152,464 23,662 222,123
Land use rights, net     10,448
Other assets 9,556 1,483 57,133
Total non-current assets 200,960 31,188 647,726
Total assets 377,630 58,606 850,730
Current liabilities:      
Accounts payable 320,269 49,705 294,469
Amounts due to related parties     6,594
Deferred revenue 195,636 30,362 152,619
Short-term debt 558,705 86,710 762,136
Rental instalment loans 18,094 2,808 54,505
Deposits from tenants 65,785 10,210 82,191
Payable for asset acquisition     165,808
Contingent liabilities for payable for asset acquisition 164,254 25,492  
Accrued expenses and other current liabilities 1,024,882 159,059 443,418
Total current liabilities 2,347,625 364,346 1,961,740
Non-current liabilities:      
Long-term debt 201,041 31,201 464,920
Convertible note, net 313,870 48,712 206,466
Long-term deferred rent     212,054
Total non-current liabilities 514,911 79,913 883,440
Total liabilities 2,862,536 444,259 2,845,180
Commitments and contingencies (Note 16)
Deficit:      
Ordinary shares (US$0.00001 par value per share; 3,500,000,000 and 50,000,000,000 shares authorized; 1,436,010,850 shares issued and 1,358,760,850 shares outstanding as of September 30, 2020; and 1,724,486,700 shares issued and 1,647,386,700 shares outstanding as of September 30, 2021, respectively) 110 17 92
Treasury shares, at cost (5) (1) (298,110)
Additional paid-in capital 1,845,295 286,385 2,085,099
Accumulated deficit (4,378,690) (679,562) (3,809,516)
Accumulated other comprehensive income 38,784 6,018 18,357
Total Q&K International Group Limited shareholders’ deficit (2,494,506) (387,143) (2,004,078)
Noncontrolling interest 9,600 1,490 9,628
Total deficit (2,484,906) (385,653) (1,994,450)
Total liabilities and deficit ¥ 377,630 $ 58,606 ¥ 850,730