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CONSOLIDATED STATEMENTS OF CASH FLOWS - CNY (¥)
¥ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net loss ¥ (90,609) ¥ (279,342) ¥ (25,911)
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation of property and equipment 2,563 5,549 4,195
Amortization of intangible assets 96 49 36
Share-based compensation expenses 15,018 39,277 91,171
Non-cash operating lease expense 15,481 15,306  
Allowance for credit losses 9,853 127,100 10,004
Losses from disposal of property, equipment and software 73 103  
Exchange losses 68 104 40
Goodwill impairment   1,395  
Property and equipment impairment   7,987  
Fair value changes of short-term investments (670) (474) (1,837)
Share of loss from equity method investments 5,473 23,502  
Disposal gain on a subsidiary     (11,454)
Rental, interest and payroll expense contributed by a shareholder     242
Deferred income tax   3,391 (3,085)
Changes in operating assets and liabilities:      
Accounts receivable 241,475 108,162 (365,770)
Receivables due from related parties (1,780) 4,517 6,403
Prepayments and other current assets 51 23,657 (34,522)
Accounts payable (8,375) (73,551) 119,135
Salary and welfare payables 10,208 (5,163) 14,561
Taxes payable (5,988) (16,525) 18,428
Deferred revenue 10,014 10,688 3,934
Amounts due to related parties 780 548 (1,979)
Accrued liabilities and other payables 3,834 1,946 17,472
Lease liabilities (12,604) (15,351)  
Net cash (used in)/provided by operating activities 194,961 (17,125) (158,937)
Cash flows from investing activities:      
Purchase of property and equipment (1,747) (2,186) (4,639)
Purchase of intangible assets (433) (164) (137)
Purchase of shortterm investments (659,210) (613,952) (817,450)
Proceeds from maturities of shortterm investments 689,084 552,444 878,376
Placement of time deposits   (135,934)  
Withdrawal of time deposits   135,934  
Loan paid to related parties (2,000)    
Cash received from customer in relation to advertisement agent services 26,295    
Cash paid on behalf of the customer in relation to advertisement agent services (179,036)    
Cash consideration paid for purchase of subsidiaries, net of cash acquired   (431)  
Investment in equity method investment (30,950)   (42,417)
Net cash paid upon disposal of a subsidiary     (4,005)
Cash received from disposal of an equity investee     157
Net cash (used in)/provided by investing activities (157,997) (64,289) 9,885
Cash flows from financing activities:      
Proceeds from initial public offering, net of issuance costs   (21,617) 109,045
Proceeds from bank loan 10,000    
Repayment of bank loan (5,000)    
Proceeds from employee options exercised 7 8  
Proceeds from loans provided by a third party     8,266
Repayments of loans provided by a third party     (8,483)
Proceeds from issuance of Series D preferred shares, net of issuance cost     169,750
Share repurchase (5,780) (11,748) (2,333)
Cash paid to acquire a non-controlling interest     (4,803)
Capital injection from non-controlling interest shareholders 750 520 6,895
Net cash provided by/(used in) financing activities (23) (32,837) 278,337
Effect of exchange rate changes on cash, cash equivalents and restricted cash held in foreign currencies (822) (2,780) (376)
Net increase/(decrease) in cash, cash equivalents and restricted cash 36,119 (117,031) 128,909
Cash, cash equivalents and restricted cash at beginning of the year 60,846 177,877 48,968
Cash, cash equivalents and restricted cash at end of the year 96,965 60,846 177,877
Supplemental disclosures of cash flow information:      
Cash paid for income taxes, net of tax refund (306) (13,570) (17,538)
Cash paid for interest expense     (78)
Supplemental schedule of noncash investing and financing activities:      
Property and equipment purchases financed by other payable ¥ 107 ¥ 111 122
Rental, interest and payroll expense contributed by a shareholder     242
Accretions of convertible redeemable preferred shares to redemption value     449,130
Accretion on redeemable noncontrolling interests to redemption value     1,808
Re-designation of Series A-1 into Series B-3 convertible redeemable preferred shares     26,787
Re-designation of ordinary shares into Series B-3 convertible redeemable preferred shares     41,196
Re-designation of ordinary shares into Series B-4 convertible redeemable preferred shares     35,822
Re-designation of ordinary shares into Series A-1, A-2, B-1, B-2, B-3, and issuance of Series A-1, A-2, B-1, B-2, B-3 preferred shares     309,984
Re-designation of ordinary shares into Series C-2 convertible redeemable preferred shares     36,977
Re-designation of Preferred Shares into Class A ordinary shares upon initial public offering     1,878,247
Accrued listing expense for the initial public offering     ¥ 22,807