2022 Q4 Form 20-F Financial Statement

#000121390023040143 Filed on May 16, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $234.0M $81.43M $354.4M
YoY Change -33.97% -89.31%
Cost Of Revenue $3.730M 46.42M cnies -$40.82M
YoY Change -109.14% -21.43%
Gross Profit $230.3M $15.73M $395.2M
YoY Change -41.73% -89.07%
Gross Profit Margin 98.41% 19.31% 111.52%
Selling, General & Admin $211.9M $63.38M $377.6M
YoY Change -43.89% -90.79%
% of Gross Profit 92.01% 402.96% 95.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.721M
YoY Change -89.18%
% of Gross Profit 17.3%
Operating Expenses $211.9M $63.38M $377.6M
YoY Change -43.89% -90.79%
Operating Profit $18.40M -$21.79M $17.61M
YoY Change 4.52% -60.7%
Interest Expense -$19.06M -$400.0K -$24.55M
YoY Change -22.38% -99.6%
% of Operating Profit -103.58% -139.46%
Other Income/Expense, Net $4.037M $1.856M $3.039M
YoY Change 32.84% -21.19%
Pretax Income -$461.5M -$87.39M -$34.23M
YoY Change 1248.06% -56.64%
Income Tax $11.54M $1.685M $8.737M
% Of Pretax Income
Net Earnings -$470.0M -$86.23M -$41.20M
YoY Change 1040.92% -63.29%
Net Earnings / Revenue -200.86% -105.89% -11.63%
Basic Earnings Per Share -$2.55
Diluted Earnings Per Share -$2.00 -$2.55 -$0.18
COMMON SHARES
Basic Shares Outstanding 233.2M shares
Diluted Shares Outstanding 233.2M shares

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $582.3M $2.433B 2.909B cnies
YoY Change -79.98% -0.41%
Cash & Equivalents $381.6M $2.433B 2.739B cnies
Short-Term Investments 200.7M cnies 169.8M cnies
Other Short-Term Assets $222.7M $221.1M $751.9M
YoY Change -70.38% -66.77%
Inventory 2.662M cnies 1.250M cnies
Prepaid Expenses
Receivables $13.37M $88.20M 83.82M cnies
Other Receivables $116.2M $116.3M $112.4M
Total Short-Term Assets $2.864B $2.859B $3.391B
YoY Change -15.54% -13.5%
LONG-TERM ASSETS
Property, Plant & Equipment $10.06M $78.00M 43.55M cnies
YoY Change -76.9% 25.6%
Goodwill $3.586M 22.12M cnies
YoY Change -83.79%
Intangibles $5.094M 37.28M cnies
YoY Change -86.34%
Long-Term Investments 427.7M cnies $963.3M 58.03M cnies
YoY Change 636.99% 2.21%
Other Assets $198.7M $198.7M $295.9M
YoY Change -32.84% -40.49%
Total Long-Term Assets -$2.239B $1.452B 1.658B cnies
YoY Change -235.06% -16.79%
TOTAL ASSETS
Total Short-Term Assets $2.864B $2.859B $3.391B
Total Long-Term Assets -$2.239B $1.452B 1.658B cnies
Total Assets $625.0M $4.311B 5.050B cnies
YoY Change -87.62% -14.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.50M
YoY Change -71.78%
Accrued Expenses 250.3M cnies $92.00M 467.2M cnies
YoY Change -46.42% -6.79%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $583.5M $581.3M $805.0M
YoY Change -27.51% -24.66%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $8.955M $11.20M $46.97M
YoY Change -80.93% -86.05%
Total Long-Term Liabilities $8.955M $11.20M $46.97M
YoY Change -80.93% -86.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $583.5M $581.3M $805.0M
Total Long-Term Liabilities $8.955M $11.20M $46.97M
Total Liabilities $86.94M $654.4M 859.7M cnies
YoY Change -89.89% -28.51%
SHAREHOLDERS EQUITY
Retained Earnings -$389.5M -2.058B cnies
YoY Change -81.07%
Common Stock $0.00 1.000K cnies
YoY Change -100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $530.1M $3.656B 4.134B cnies
YoY Change
Total Liabilities & Shareholders Equity $625.0M $4.311B 5.050B cnies
YoY Change -87.62% -14.63%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income -$470.0M -$86.23M -$41.20M
YoY Change 1040.92% -63.29%
Depreciation, Depletion And Amortization $2.721M
YoY Change -89.18%
Cash From Operating Activities $9.181M
YoY Change -104.0%
INVESTING ACTIVITIES
Capital Expenditures $44.80M
YoY Change 481.82%
Acquisitions $420.0K
YoY Change -96.12%
Other Investing Activities -$233.0M
YoY Change -25.75%
Cash From Investing Activities -$40.27M
YoY Change -87.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities $9.181M
Cash From Investing Activities -$40.27M
Cash From Financing Activities
Net Change In Cash -$15.56M
YoY Change -95.89%
FREE CASH FLOW
Cash From Operating Activities $9.181M
Capital Expenditures $44.80M
Free Cash Flow -$35.62M
YoY Change -85.0%

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MarketableSecuritiesUnrealizedGainLoss
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MarketableSecuritiesUnrealizedGainLoss
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MarketableSecuritiesUnrealizedGainLoss
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CY2021 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
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CY2022 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
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CY2022 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
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OtherNonoperatingIncomeExpense
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OtherNonoperatingIncomeExpense
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CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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IncomeLossFromEquityMethodInvestmentsTax
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CY2021 jfu Income Loss From Equity Method Investments Tax
IncomeLossFromEquityMethodInvestmentsTax
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CY2022 jfu Income Loss From Equity Method Investments Tax
IncomeLossFromEquityMethodInvestmentsTax
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CY2021 jfu Income Loss From Equity Method Investments Net Of Tax
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IncomeLossFromEquityMethodInvestmentsNetOfTax
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ProfitLoss
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ProfitLoss
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ProfitLoss
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ProfitLoss
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CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2020 us-gaap Net Income Loss
NetIncomeLoss
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NetIncomeLoss
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NetIncomeLoss
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CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2020 jfu Net Income Loss Available To Common Stockholders Before Undistributed Earnings Basic
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CY2021 jfu Net Income Loss Available To Common Stockholders Before Undistributed Earnings Basic
NetIncomeLossAvailableToCommonStockholdersBeforeUndistributedEarningsBasic
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CY2022 jfu Net Income Loss Available To Common Stockholders Before Undistributed Earnings Basic
NetIncomeLossAvailableToCommonStockholdersBeforeUndistributedEarningsBasic
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CY2022 jfu Net Income Loss Available To Common Stockholders Before Undistributed Earnings Basic
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EarningsPerShareBasic
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WeightedAverageNumberOfSharesOutstandingBasic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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ProfitLoss
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CY2021 us-gaap Profit Loss
ProfitLoss
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CY2022 us-gaap Profit Loss
ProfitLoss
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CY2022 us-gaap Profit Loss
ProfitLoss
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CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2020 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2020 jfu Total Comprehensive Loss Attributable To9 F Inc
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CY2021 jfu Total Comprehensive Loss Attributable To9 F Inc
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CY2022 jfu Total Comprehensive Loss Attributable To9 F Inc
TotalComprehensiveLossAttributableTo9FInc
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CY2022 jfu Total Comprehensive Loss Attributable To9 F Inc
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CY2020 us-gaap Temporary Equity Accretion To Redemption Value
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CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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ProfitLoss
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CY2020 us-gaap Other Comprehensive Income Loss Tax
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021 us-gaap Stock Issued During Period Value New Issues
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CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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ProfitLoss
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ProfitLoss
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ProfitLoss
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ProfitLoss
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Depreciation
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Depreciation
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CY2022 us-gaap Depreciation
Depreciation
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CY2022 us-gaap Depreciation
Depreciation
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CY2020 us-gaap Adjustment For Amortization
AdjustmentForAmortization
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CY2021 us-gaap Adjustment For Amortization
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CY2022 us-gaap Adjustment For Amortization
AdjustmentForAmortization
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CY2022 us-gaap Adjustment For Amortization
AdjustmentForAmortization
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CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
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ShareBasedCompensation
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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GainLossOnSaleOfPropertyPlantEquipment
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CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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CY2020 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2021 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2022 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2022 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2021 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
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MarketableSecuritiesUnrealizedGainLoss
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CY2022 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
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CY2022 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
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CY2021 jfu Gain Or Loss Loss From Disposalsof Subsidiaries
GainOrLossLossFromDisposalsofSubsidiaries
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CY2022 jfu Gain Or Loss Loss From Disposalsof Subsidiaries
GainOrLossLossFromDisposalsofSubsidiaries
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CY2022 jfu Gain Or Loss Loss From Disposalsof Subsidiaries
GainOrLossLossFromDisposalsofSubsidiaries
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CY2020 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
282076000 cny
CY2021 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
23193000 cny
CY2022 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
164161000 cny
CY2022 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
23801000 usd
CY2020 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
179193000 cny
CY2021 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
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CY2022 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
3452000 cny
CY2022 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
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CY2020 jfu Impairment Loss Of Held To Maturity Investment
ImpairmentLossOfHeldToMaturityInvestment
1221000 cny
CY2022 jfu Impairment Loss Of Held To Maturity Investment
ImpairmentLossOfHeldToMaturityInvestment
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CY2022 jfu Impairment Loss Of Held To Maturity Investment
ImpairmentLossOfHeldToMaturityInvestment
2060000 usd
CY2020 jfu Impairment Loss Of Intangible Assets
ImpairmentLossOfIntangibleAssets
17220000 cny
CY2020 jfu Impairment Loss Of Property Equipment And Software
ImpairmentLossOfPropertyEquipmentAndSoftware
20925000 cny
CY2021 jfu Impairment Loss Of Property Equipment And Software
ImpairmentLossOfPropertyEquipmentAndSoftware
2371000 cny
CY2021 jfu Gain Loss In Held To Maturity Investment
GainLossInHeldToMaturityInvestment
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CY2022 jfu Gain From Disposal Of Equity Securities Without Readily Determinable Fair Value
GainFromDisposalOfEquitySecuritiesWithoutReadilyDeterminableFairValue
476000 cny
CY2022 jfu Gain From Disposal Of Equity Securities Without Readily Determinable Fair Value
GainFromDisposalOfEquitySecuritiesWithoutReadilyDeterminableFairValue
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CY2021 jfu Dividend Received From Equity Method Investments
DividendReceivedFromEquityMethodInvestments
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CY2022 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
2230000 cny
CY2022 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
323000 usd
CY2020 jfu Provision Reversal For Doubtful Accounts
ProvisionReversalForDoubtfulAccounts
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CY2021 jfu Provision Reversal For Doubtful Accounts
ProvisionReversalForDoubtfulAccounts
19041000 cny
CY2022 jfu Provision Reversal For Doubtful Accounts
ProvisionReversalForDoubtfulAccounts
159380000 cny
CY2022 jfu Provision Reversal For Doubtful Accounts
ProvisionReversalForDoubtfulAccounts
23108000 usd
CY2022 jfu Impairment Loss Of Long Term Prepayment
ImpairmentLossOfLongTermPrepayment
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CY2022 jfu Impairment Loss Of Long Term Prepayment
ImpairmentLossOfLongTermPrepayment
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CY2020 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
18605000 cny
CY2021 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
3382000 cny
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
50291000 cny
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
200000 cny
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
29000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
39967000 cny
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8990000 cny
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1303000 usd
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IncreaseDecreaseInOtherReceivables
55605000 cny
CY2021 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
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CY2022 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
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CY2022 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
921000 usd
CY2020 us-gaap Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
22862000 cny
CY2021 us-gaap Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
13902000 cny
CY2022 us-gaap Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
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CY2022 us-gaap Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
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CY2020 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
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CY2021 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-6992000 cny
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-254145000 cny
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-36848000 usd
CY2020 jfu Increase Decrease In Operating Lease Right Of Use Assets
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
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CY2021 jfu Increase Decrease In Operating Lease Right Of Use Assets
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
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CY2022 jfu Increase Decrease In Operating Lease Right Of Use Assets
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
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CY2022 jfu Increase Decrease In Operating Lease Right Of Use Assets
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
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CY2020 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
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CY2020 jfu Increase Decrease In Due From Or To Related Parties
IncreaseDecreaseInDueFromOrToRelatedParties
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CY2021 jfu Increase Decrease In Due From Or To Related Parties
IncreaseDecreaseInDueFromOrToRelatedParties
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CY2022 jfu Increase Decrease In Due From Or To Related Parties
IncreaseDecreaseInDueFromOrToRelatedParties
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CY2022 jfu Increase Decrease In Due From Or To Related Parties
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CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
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CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
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22701000 cny
CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2020 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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CY2021 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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CY2022 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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CY2022 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
177000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-35673000 cny
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2020 jfu Increase Decrease In Deferred Tax Liabilities
IncreaseDecreaseInDeferredTaxLiabilities
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CY2021 jfu Increase Decrease In Deferred Tax Liabilities
IncreaseDecreaseInDeferredTaxLiabilities
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CY2022 jfu Increase Decrease In Deferred Tax Liabilities
IncreaseDecreaseInDeferredTaxLiabilities
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CY2022 jfu Increase Decrease In Deferred Tax Liabilities
IncreaseDecreaseInDeferredTaxLiabilities
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CY2020 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-11594000 cny
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-9594000 cny
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9181000 usd
CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
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CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
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CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
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CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
43674000 cny
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
207000 cny
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2020 jfu Payments For Purchase Of Term Deposits
PaymentsForPurchaseOfTermDeposits
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CY2022 jfu Payments For Purchase Of Term Deposits
PaymentsForPurchaseOfTermDeposits
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CY2022 jfu Payments For Purchase Of Term Deposits
PaymentsForPurchaseOfTermDeposits
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CY2020 jfu Proceeds From Redemption Of Term Deposit
ProceedsFromRedemptionOfTermDeposit
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CY2021 jfu Proceeds From Redemption Of Term Deposit
ProceedsFromRedemptionOfTermDeposit
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CY2022 jfu Proceeds From Redemption Of Term Deposit
ProceedsFromRedemptionOfTermDeposit
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CY2022 jfu Proceeds From Redemption Of Term Deposit
ProceedsFromRedemptionOfTermDeposit
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CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2021 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
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CY2020 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
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CY2021 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
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CY2022 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
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CY2022 us-gaap Payments To Acquire Longterm Investments
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CY2020 jfu Proceeds From Sale Of Long Term Investment
ProceedsFromSaleOfLongTermInvestment
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CY2021 jfu Proceeds From Sale Of Long Term Investment
ProceedsFromSaleOfLongTermInvestment
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CY2022 jfu Proceeds From Sale Of Long Term Investment
ProceedsFromSaleOfLongTermInvestment
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ProceedsFromSaleOfLongTermInvestment
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CY2022 us-gaap Payments To Fund Longterm Loans To Related Parties
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CY2022 us-gaap Payments To Fund Longterm Loans To Related Parties
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Proceeds From Contributions From Affiliates
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
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CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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107124000 cny
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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15532000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-15560000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3117414000 cny
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2739329000 cny
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
397165000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3117414000 cny
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2739329000 cny
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2632006000 cny
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
381605000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
163000000 cny
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2913000 cny
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
21629000 cny
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2020 jfu Cash Equivalents At Carrying Values
CashEquivalentsAtCarryingValues
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CY2021 jfu Cash Equivalents At Carrying Values
CashEquivalentsAtCarryingValues
2443419000 cny
CY2022 jfu Cash Equivalents At Carrying Values
CashEquivalentsAtCarryingValues
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CY2022 jfu Cash Equivalents At Carrying Values
CashEquivalentsAtCarryingValues
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CY2020 jfu Reconciliation Restricted Cash
ReconciliationRestrictedCash
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CY2021 jfu Reconciliation Restricted Cash
ReconciliationRestrictedCash
295910000 cny
CY2022 jfu Reconciliation Restricted Cash
ReconciliationRestrictedCash
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CY2022 jfu Reconciliation Restricted Cash
ReconciliationRestrictedCash
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CY2020 jfu Cted Cash And Restricted Cas Cash Cash Equivalents Restrih Equivalent
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3117414000 cny
CY2021 jfu Cted Cash And Restricted Cas Cash Cash Equivalents Restrih Equivalent
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2739329000 cny
CY2022 jfu Cted Cash And Restricted Cas Cash Cash Equivalents Restrih Equivalent
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2632006000 cny
CY2022 jfu Cted Cash And Restricted Cas Cash Cash Equivalents Restrih Equivalent
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381605000 usd
CY2021 jfu Percentage Of Net Revenue Contributed By Vie
PercentageOfNetRevenueContributedByVie
0.921 pure
CY2022 jfu Percentage Of Net Revenue Contributed By Vie
PercentageOfNetRevenueContributedByVie
0.9489 pure
CY2021 jfu Percentage Of Consolidated Total Assets Contributed By Vie
PercentageOfConsolidatedTotalAssetsContributedByVie
0.6616 pure
CY2022 jfu Percentage Of Consolidated Total Assets Contributed By Vie
PercentageOfConsolidatedTotalAssetsContributedByVie
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CY2021 jfu Percentage Of Consolidated Total Liabilities Contributed By Vie
PercentageOfConsolidatedTotalLiabilitiesContributedByVie
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CY2022 jfu Percentage Of Consolidated Total Liabilities Contributed By Vie
PercentageOfConsolidatedTotalLiabilitiesContributedByVie
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CY2022 us-gaap Use Of Estimates
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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Use of estimates</p><p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from such estimates. Significant accounting estimates reflected in the Group’s financial statements are estimates and judgments applied in revenue recognition, allowance for receivables, impairment loss of investments, share-based compensation and realization of deferred tax assets. Actual results may differ materially from these estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"> </p>
CY2020 jfu Revenue Recognition Sales Allowances For Sales Returns And Incentives
RevenueRecognitionSalesAllowancesForSalesReturnsAndIncentives
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CY2021 jfu Revenue Recognition Sales Allowances For Sales Returns And Incentives
RevenueRecognitionSalesAllowancesForSalesReturnsAndIncentives
89000 cny
CY2022 jfu Revenue Recognition Sales Allowances For Sales Returns And Incentives
RevenueRecognitionSalesAllowancesForSalesReturnsAndIncentives
874000 cny
CY2022 jfu Value Added Tax Rate
ValueAddedTaxRate
0.13 pure
CY2022 jfu Value Added Tax Rate For Small Scale Tax Payers
ValueAddedTaxRateForSmallScaleTaxPayers
0.03 pure
CY2019Q2 jfu Additional Value Added Tax Rate
AdditionalValueAddedTaxRate
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CY2021Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
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CY2022Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
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RevenueFromContractWithCustomerExcludingAssessedTax
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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RevenueFromContractWithCustomerExcludingAssessedTax
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RevenueFromContractWithCustomerExcludingAssessedTax
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CY2016Q3 jfu Quality Assurance Fund Liability
QualityAssuranceFundLiability
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GoodwillImpairmentLoss
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DepositInsuranceInsured
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DepositInsuranceUninsured
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CY2022Q4 us-gaap Restricted Cash
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TermDeposits
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TermDeposits
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CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
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CY2022Q4 us-gaap Inventory Net
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CY2020Q4 jfu Allowance For Doubtful Accounts
AllowanceForDoubtfulAccounts
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CY2021 jfu Allowance For Doubtful Accounts Provision For Doubtful Account
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CY2021 jfu Allowance For Doubtful Accounts Reversal
AllowanceForDoubtfulAccountsReversal
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CY2021 jfu Allowance For Doubtful Accounts Write Off
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CY2021Q4 jfu Allowance For Doubtful Accounts
AllowanceForDoubtfulAccounts
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CY2022 jfu Allowance For Doubtful Accounts Provision For Doubtful Account
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CY2022 jfu Allowance For Doubtful Accounts Reversal
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CY2022 jfu Allowance For Doubtful Accounts Write Off
AllowanceForDoubtfulAccountsWriteOff
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CY2022Q4 jfu Allowance For Doubtful Accounts
AllowanceForDoubtfulAccounts
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CY2021 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
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OtherAssetImpairmentCharges
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CY2020 jfu Impairment Loss Of Equity Method Investment
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CY2021 jfu Impairment Loss Of Equity Method Investment
ImpairmentLossOfEquityMethodInvestment
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CY2022 jfu Impairment Loss Of Equity Method Investment
ImpairmentLossOfEquityMethodInvestment
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CY2021Q4 us-gaap Held To Maturity Securities
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CY2020 us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
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CY2021 us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
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CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2020 us-gaap Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
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OtherSellingAndMarketingExpense
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CY2022 us-gaap Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
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CY2020 us-gaap Cost Of Goods And Services Sold
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CY2020 jfu Advertising Costs
AdvertisingCosts
20704000 cny
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AdvertisingCosts
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AdvertisingCosts
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CY2020 jfu Proceeds From Grants
ProceedsFromGrants
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CY2021 jfu Proceeds From Grants
ProceedsFromGrants
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CY2022 jfu Proceeds From Grants
ProceedsFromGrants
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CY2022Q4 jfu Calculated Rate At Per Share
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6.8972
CY2022Q4 jfu Calculated Rate At Per Share
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CY2022 jfu Revenues Percentage
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CY2021 jfu Revenues Percentage
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CY2022Q4 us-gaap Deposit Assets
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CY2022Q4 us-gaap Supplies
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CY2021Q4 jfu Less Allowance For Doubtful Accounts
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CY2022Q4 us-gaap Prepaid Expense And Other Assets
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CY2019Q4 us-gaap Investments
Investments
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CY2020 jfu Long Term Investment Additions
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CY2020 jfu Long Term Investment Disposal
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CY2020 jfu Impairment Charges
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CY2020 jfu Impact Of Exchange Rate
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CY2020Q4 us-gaap Investments
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CY2021 jfu Impairment Charges
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CY2022Q4 us-gaap Investments
Investments
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CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
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CY2021Q2 jfu Fair Value At The Disposal
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CY2020 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
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CY2021 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
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CY2020Q4 us-gaap Property Plant And Equipment Gross
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163468000 cny
CY2021Q4 us-gaap Property Plant And Equipment Gross
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CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2020Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
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CY2021Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
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CY2022Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
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CY2020Q4 jfu Accumulated Impairment Of Long Lived Assets Held For Use
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CY2021Q4 jfu Accumulated Impairment Of Long Lived Assets Held For Use
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CY2022Q4 jfu Accumulated Impairment Of Long Lived Assets Held For Use
AccumulatedImpairmentOfLongLivedAssetsHeldForUse
23296000 cny
CY2020Q4 us-gaap Property Plant And Equipment Other Net
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CY2021Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
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CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
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CY2020 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
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CY2021 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
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OtherFiniteLivedIntangibleAssetsGross
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CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
30649000 cny
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
32881000 cny
CY2020Q4 jfu Finite Lived Intangible Assets Accumulated Impairment
FiniteLivedIntangibleAssetsAccumulatedImpairment
17220000 cny
CY2021Q4 jfu Finite Lived Intangible Assets Accumulated Impairment
FiniteLivedIntangibleAssetsAccumulatedImpairment
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CY2019Q3 jfu Conversion Ratio Class B Ordinary Shares Into Class Ordinary Shares
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