XML 60 R41.htm IDEA: XBRL DOCUMENT v3.22.1
Prepayments and other current assets (Tables)
12 Months Ended
Dec. 31, 2021
Other Assets Unclassified [Abstract]  
Summary of Prepayments and Other Current Assets

7.

PREPAYMENTS AND OTHER CURRENT ASSETS

 

 

 

As of December 31,

 

 

2020

 

2021

 

 

RMB

 

RMB

Prepayments of promotion fees (a)

 

133,575

 

130,058

VAT recoverable (b)

 

92,483

 

95,899

Deposits, prepaid rental and property management fees

 

35,021

 

62,877

Prepayments for products procurement (c)

 

6,742

 

6,731

Others

 

36,820

 

70,626

 

 

304,641

 

366,191

 

 

(a)

Prepayments of promotion fees mainly include prepayments made to online platforms for future services to promote the Group’s products through online advertising and prepaid short-term service fees to celebrity agencies and key opinion leaders.

 

 

(b)

VAT recoverable represent the balances that the Group can utilize to deduct its value-added tax liabilities in the future.

 

 

(c)

Prepayments for products procurement represent cash prepaid to the Group’s third-party suppliers for the procurement of products.