2023 Q4 Form 20-F Financial Statement

#000121390024043661 Filed on May 15, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022
Revenue 412.4M cnies $81.43M
YoY Change 406.49% -89.31%
Cost Of Revenue 61.65M cnies 46.42M cnies
YoY Change 32.81% -21.43%
Gross Profit $11.41M $15.73M
YoY Change -27.49% -89.07%
Gross Profit Margin 2.77% 19.31%
Selling, General & Admin $41.99M $63.38M
YoY Change -33.75% -90.79%
% of Gross Profit 368.14% 402.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.683M $2.721M
YoY Change -38.15% -89.18%
% of Gross Profit 14.76% 17.3%
Operating Expenses 17.60M cnies $63.38M
YoY Change -72.23% -90.79%
Operating Profit -$27.27M -$21.79M
YoY Change 25.13% -60.7%
Interest Expense -$400.0K
YoY Change -99.6%
% of Operating Profit
Other Income/Expense, Net $31.00K $1.856M
YoY Change -98.33% -21.19%
Pretax Income -$21.39M -$87.39M
YoY Change -75.52% -56.64%
Income Tax $1.091M $1.685M
% Of Pretax Income
Net Earnings -140.2M cnies -$86.23M
YoY Change 62.57% -63.29%
Net Earnings / Revenue -33.99% -105.89%
Basic Earnings Per Share -$0.60 -$2.55
Diluted Earnings Per Share -$0.60 -$2.55
COMMON SHARES
Basic Shares Outstanding 235.5M shares 233.2M shares
Diluted Shares Outstanding 235.5M shares 233.2M shares

Balance Sheet

Concept 2023 Q4 2023 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $665.5M $2.433B
YoY Change 14.29% -0.41%
Cash & Equivalents $237.5M $2.433B
Short-Term Investments 428.0M cnies
Other Short-Term Assets $221.1M
YoY Change -66.77%
Inventory 1.950M cnies
Prepaid Expenses
Receivables $88.20M
Other Receivables $116.3M
Total Short-Term Assets $2.859B
YoY Change -13.5%
LONG-TERM ASSETS
Property, Plant & Equipment $8.703M $78.00M
YoY Change -13.49% 25.6%
Goodwill
YoY Change
Intangibles $4.155M
YoY Change -18.43%
Long-Term Investments 448.7M cnies $963.3M
YoY Change 4.91% 2.21%
Other Assets $198.7M
YoY Change -40.49%
Total Long-Term Assets $1.452B
YoY Change -16.79%
TOTAL ASSETS
Total Short-Term Assets $2.859B
Total Long-Term Assets $1.452B
Total Assets $568.9M $4.311B
YoY Change -8.97% -14.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.50M
YoY Change -71.78%
Accrued Expenses 134.0M cnies $92.00M
YoY Change -46.47% -6.79%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $581.3M
YoY Change -24.66%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $11.20M
YoY Change -86.05%
Total Long-Term Liabilities $11.20M
YoY Change -86.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $581.3M
Total Long-Term Liabilities $11.20M
Total Liabilities $65.74M $654.4M
YoY Change -24.39% -28.51%
SHAREHOLDERS EQUITY
Retained Earnings -$398.1M
YoY Change 2.21%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $495.5M $3.656B
YoY Change
Total Liabilities & Shareholders Equity $568.9M $4.311B
YoY Change -8.97% -14.63%

Cashflow Statement

Concept 2023 Q4 2023 2022
OPERATING ACTIVITIES
Net Income -140.2M cnies -$86.23M
YoY Change 62.57% -63.29%
Depreciation, Depletion And Amortization $1.683M $2.721M
YoY Change -38.15% -89.18%
Cash From Operating Activities $8.803M $9.181M
YoY Change -4.12% -104.0%
INVESTING ACTIVITIES
Capital Expenditures $44.80M
YoY Change 481.82%
Acquisitions $2.000K $420.0K
YoY Change -99.52% -96.12%
Other Investing Activities -$233.0M
YoY Change -25.75%
Cash From Investing Activities -$133.7M -$40.27M
YoY Change 231.9% -87.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities $8.803M $9.181M
Cash From Investing Activities -$133.7M -$40.27M
Cash From Financing Activities
Net Change In Cash -$114.4M -$15.56M
YoY Change 635.0% -95.89%
FREE CASH FLOW
Cash From Operating Activities $8.803M $9.181M
Capital Expenditures $44.80M
Free Cash Flow -$35.62M
YoY Change -85.0%

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ProfitLoss
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ProfitLoss
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ProfitLoss
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ProfitLoss
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CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2022 jfu Net Income Loss Available To Common Stockholders Before Undistributed Earnings Basic
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CY2023 jfu Net Income Loss Available To Common Stockholders Before Undistributed Earnings Basic
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CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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ComprehensiveIncomeNetOfTax
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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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Depreciation
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CY2023 us-gaap Adjustment For Amortization
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CY2023 us-gaap Gain Loss On Sale Of Investments
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CY2021 jfu Gain Or Loss Loss From Disposalsof Subsidiaries
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CY2022 jfu Gain Or Loss Loss From Disposalsof Subsidiaries
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CY2023 jfu Gain Or Loss Loss From Disposalsof Subsidiaries
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CY2023 jfu Gain Or Loss Loss From Disposalsof Subsidiaries
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CY2021 jfu Impairment Loss Of Intangible Assets
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CY2022 jfu Impairment Loss Of Intangible Assets
ImpairmentLossOfIntangibleAssets
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CY2023 jfu Impairment Loss Of Intangible Assets
ImpairmentLossOfIntangibleAssets
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CY2023 jfu Impairment Loss Of Intangible Assets
ImpairmentLossOfIntangibleAssets
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CY2021 jfu Impairment Loss Of Equity Method Investments
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CY2022 jfu Impairment Loss Of Equity Method Investments
ImpairmentLossOfEquityMethodInvestments
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CY2022 jfu Impairment Loss Of Held To Maturity Investment
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CY2023 jfu Impairment Loss Of Held To Maturity Investment
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CY2023 jfu Impairment Loss Of Held To Maturity Investment
ImpairmentLossOfHeldToMaturityInvestment
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CY2021 jfu Impairment Loss Of Property Equipment And Software
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LossInHeldtomaturityInvestment
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CY2023 jfu Loss In Heldtomaturity Investment
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CY2022 jfu Gain From Disposal Of Equity Securities Without Readily Determinable Fair Value
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CY2021 jfu Dividend Received From Equity Method Investments
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CY2022 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2023 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
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CY2023 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2023 us-gaap Provision For Doubtful Accounts
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CY2023 us-gaap Provision For Doubtful Accounts
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CY2022 us-gaap Asset Impairment Charges
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CY2021 us-gaap Contract With Customer Asset Credit Loss Expense
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CY2022 us-gaap Goodwill Impairment Loss Net Of Tax
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CY2023 us-gaap Goodwill Impairment Loss Net Of Tax
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CY2023 us-gaap Goodwill Impairment Loss Net Of Tax
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2023 us-gaap Increase Decrease In Accounts Receivable
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CY2022 us-gaap Increase Decrease In Other Receivables
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CY2023 us-gaap Increase Decrease In Other Receivables
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CY2021 us-gaap Increase Decrease In Notes Receivable Current
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CY2022 us-gaap Increase Decrease In Notes Receivable Current
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CY2023 us-gaap Increase Decrease In Notes Receivable Current
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CY2023 us-gaap Increase Decrease In Notes Receivable Current
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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
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CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2021 jfu Increase Decrease In Operating Lease Right Of Use Assets
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CY2022 jfu Increase Decrease In Operating Lease Right Of Use Assets
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CY2023 jfu Increase Decrease In Operating Lease Right Of Use Assets
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CY2023 jfu Increase Decrease In Operating Lease Right Of Use Assets
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CY2022 us-gaap Increase Decrease In Due To Related Parties
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CY2023 us-gaap Increase Decrease In Due To Related Parties
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CY2023 us-gaap Increase Decrease In Due To Related Parties
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CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2023 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2023 us-gaap Increase Decrease In Accrued Income Taxes Payable
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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
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CY2023 us-gaap Increase Decrease In Employee Related Liabilities
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CY2023 us-gaap Increase Decrease In Employee Related Liabilities
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CY2021 us-gaap Increase Decrease In Contract With Customer Liability
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CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2023 us-gaap Increase Decrease In Contract With Customer Liability
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CY2023 us-gaap Increase Decrease In Contract With Customer Liability
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CY2021 jfu Increase Decrease In Deferred Tax Liabilities
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CY2022 jfu Increase Decrease In Deferred Tax Liabilities
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CY2023 jfu Increase Decrease In Deferred Tax Liabilities
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CY2023 jfu Increase Decrease In Deferred Tax Liabilities
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CY2021 us-gaap Increase Decrease In Operating Lease Liability
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CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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CY2023 us-gaap Increase Decrease In Operating Lease Liability
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CY2023 us-gaap Increase Decrease In Operating Lease Liability
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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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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CY2023 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
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CY2023 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
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CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2022 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
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CY2023 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
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CY2023 us-gaap Payments To Acquire Additional Interest In Subsidiaries
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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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CY2023 jfu Proceeds From Redemption Of Term Deposit
ProceedsFromRedemptionOfTermDeposit
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CY2023 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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CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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CY2021 us-gaap Payments To Acquire Marketable Securities
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CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2023 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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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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CY2023 us-gaap Payments To Acquire Longterm Investments
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CY2023 us-gaap Payments To Acquire Longterm Investments
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CY2021 jfu Proceeds From Sale Of Long Term Investment
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CY2022 us-gaap Payments To Fund Longterm Loans To Related Parties
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CY2023 us-gaap Payments To Fund Longterm Loans To Related Parties
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CY2023 us-gaap Payments To Fund Longterm Loans To Related Parties
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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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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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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
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023 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 Net Cash Provided By Used In Financing Activities
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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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CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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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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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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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
370710000 usd
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
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1820020000 cny
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
256344000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
21629000 cny
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
24224000 cny
CY2023 us-gaap Income Taxes Paid Net
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3412000 usd
CY2021 jfu Cash Equivalents At Carrying Values
CashEquivalentsAtCarryingValues
2443419000 cny
CY2022 jfu Cash Equivalents At Carrying Values
CashEquivalentsAtCarryingValues
2433279000 cny
CY2023 jfu Cash Equivalents At Carrying Values
CashEquivalentsAtCarryingValues
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CY2023 jfu Cash Equivalents At Carrying Values
CashEquivalentsAtCarryingValues
237516000 usd
CY2021 jfu Reconciliation Restricted Cash
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295910000 cny
CY2022 jfu Reconciliation Restricted Cash
ReconciliationRestrictedCash
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CY2023 jfu Reconciliation Restricted Cash
ReconciliationRestrictedCash
133678000 cny
CY2023 jfu Reconciliation Restricted Cash
ReconciliationRestrictedCash
18828000 usd
CY2021 jfu Restricted Cash And Restricted Cash Cash Equivalents Restrih Equivalent
RestrictedCashAndRestrictedCashCashEquivalentsRestrihEquivalent
2739329000 cny
CY2022 jfu Restricted Cash And Restricted Cash Cash Equivalents Restrih Equivalent
RestrictedCashAndRestrictedCashCashEquivalentsRestrihEquivalent
2632006000 cny
CY2023 jfu Restricted Cash And Restricted Cash Cash Equivalents Restrih Equivalent
RestrictedCashAndRestrictedCashCashEquivalentsRestrihEquivalent
1820020000 cny
CY2023 jfu Restricted Cash And Restricted Cash Cash Equivalents Restrih Equivalent
RestrictedCashAndRestrictedCashCashEquivalentsRestrihEquivalent
256344000 usd
CY2022 jfu Percentage Of Net Revenue Contributed By Vie
PercentageOfNetRevenueContributedByVie
0.9489 pure
CY2023 jfu Percentage Of Net Revenue Contributed By Vie
PercentageOfNetRevenueContributedByVie
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CY2022 jfu Percentage Of Consolidated Total Assets Contributed By Vie
PercentageOfConsolidatedTotalAssetsContributedByVie
0.6666 pure
CY2023 jfu Percentage Of Consolidated Total Assets Contributed By Vie
PercentageOfConsolidatedTotalAssetsContributedByVie
0.5645 pure
CY2022 jfu Percentage Of Consolidated Total Liabilities Contributed By Vie
PercentageOfConsolidatedTotalLiabilitiesContributedByVie
2.3349 pure
CY2023 jfu Percentage Of Consolidated Total Liabilities Contributed By Vie
PercentageOfConsolidatedTotalLiabilitiesContributedByVie
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CY2023 us-gaap Use Of Estimates
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<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Use of estimates</b></p><p style="text-align: justify; 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>
CY2021 jfu Revenue Recognition Sales Allowances For Sales Returns And Incentives
RevenueRecognitionSalesAllowancesForSalesReturnsAndIncentives
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CY2022 jfu Revenue Recognition Sales Allowances For Sales Returns And Incentives
RevenueRecognitionSalesAllowancesForSalesReturnsAndIncentives
874000 cny
CY2023 jfu Revenue Recognition Sales Allowances For Sales Returns And Incentives
RevenueRecognitionSalesAllowancesForSalesReturnsAndIncentives
262000 cny
CY2023 jfu Value Added Tax Rate
ValueAddedTaxRate
0.13 pure
CY2023 jfu Value Added Tax Rate For Small Scale Tax Payers
ValueAddedTaxRateForSmallScaleTaxPayers
0.03 pure
CY2019Q2 jfu Additional Value Added Tax Rate
AdditionalValueAddedTaxRate
0.10 pure
CY2022Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
32338000 cny
CY2023Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
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CY2021 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
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CY2022 us-gaap Sales Type Lease Revenue
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CY2023 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
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CY2021 us-gaap Revenues
Revenues
761451000 cny
CY2022 us-gaap Revenues
Revenues
561667000 cny
CY2023 us-gaap Revenues
Revenues
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CY2016Q3 jfu Quality Assurance Fund Liability
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CY2022Q4 us-gaap Restricted Cash
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CY2023Q4 us-gaap Restricted Cash
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CY2022Q4 jfu Term Deposits
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CY2023Q4 jfu Term Deposits
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CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
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CY2023Q4 us-gaap Marketable Securities
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CY2022Q4 us-gaap Inventory Net
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CY2023Q4 us-gaap Inventory Net
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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
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CY2022Q4 jfu Allowance For Doubtful Accounts
AllowanceForDoubtfulAccounts
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CY2023 jfu Allowance For Doubtful Accounts Provision For Doubtful Account
AllowanceForDoubtfulAccountsProvisionForDoubtfulAccount
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CY2023 jfu Allowance For Doubtful Accounts Reversal
AllowanceForDoubtfulAccountsReversal
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CY2023Q4 jfu Allowance For Doubtful Accounts
AllowanceForDoubtfulAccounts
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CY2021 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
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631393000 cny
CY2022 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
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CY2023 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
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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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CY2023 jfu Impairment Loss Of Equity Method Investment
ImpairmentLossOfEquityMethodInvestment
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CY2023Q4 us-gaap Held To Maturity Securities
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CY2021Q4 us-gaap Short Term Investments
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CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
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CY2022 us-gaap Goodwill Impairment Loss
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CY2023 us-gaap Goodwill Impairment Loss
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CY2021 us-gaap Other Selling And Marketing Expense
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CY2022 us-gaap Other Selling And Marketing Expense
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CY2023 us-gaap Other Selling And Marketing Expense
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CY2021 us-gaap Cost Of Goods And Services Sold
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CY2022 us-gaap Cost Of Goods And Services Sold
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CY2023 us-gaap Cost Of Goods And Services Sold
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CY2021 jfu Advertising Costs
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CY2022 jfu Advertising Costs
AdvertisingCosts
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CY2023 jfu Advertising Costs
AdvertisingCosts
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CY2021 jfu Proceeds From Grants
ProceedsFromGrants
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CY2022 jfu Proceeds From Grants
ProceedsFromGrants
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CY2023 jfu Proceeds From Grants
ProceedsFromGrants
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CY2022Q4 us-gaap Notes Receivable Gross
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CY2023Q4 us-gaap Notes Receivable Gross
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CY2022Q4 us-gaap Notes Receivable Net
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CY2023Q4 us-gaap Notes Receivable Net
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CY2023Q4 jfu Calculated Rate At Per Share
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CY2023Q4 jfu Calculated Rate At Per Share
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CY2023Q4 jfu Deposit Insurance Insured
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CY2023Q4 jfu Deposit Insurance Uninsured
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CY2022Q4 us-gaap Financing Receivable Loan In Process
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CY2023Q4 us-gaap Financing Receivable Loan In Process
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CY2023 jfu Net Revenue Percentage
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CY2022 jfu Net Revenue Percentage
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CY2022Q4 us-gaap Notes Receivable Gross
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CY2023Q4 us-gaap Notes Receivable Gross
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2020Q4 us-gaap Investments
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CY2021 jfu Long Term Investment Additions
LongTermInvestmentAdditions
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CY2021 jfu Long Term Investment Disposal
LongTermInvestmentDisposal
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CY2021 jfu Loss In Heldtomaturity Investment
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CY2021 jfu Share Ofloss In Equity Method Investments
ShareOflossInEquityMethodInvestments
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CY2021 jfu Impairment Charges
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CY2021 jfu Impact Of Exchange Rate
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CY2021Q4 us-gaap Investments
Investments
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CY2022 jfu Long Term Investment Additions
LongTermInvestmentAdditions
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CY2022 jfu Long Term Investment Disposal
LongTermInvestmentDisposal
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CY2022 jfu Share Ofloss In Equity Method Investments
ShareOflossInEquityMethodInvestments
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CY2022 jfu Impairment Charges
ImpairmentCharges
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CY2022 jfu Impact Of Exchange Rate
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CY2022Q4 us-gaap Investments
Investments
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CY2023 jfu Long Term Investment Additions
LongTermInvestmentAdditions
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CY2023 jfu Long Term Investment Disposal
LongTermInvestmentDisposal
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CY2023 jfu Adjustment Of Interest On Heldtomaturity Investments
AdjustmentOfInterestOnHeldtomaturityInvestments
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CY2023 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2023 jfu Share Ofloss In Equity Method Investments
ShareOflossInEquityMethodInvestments
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CY2023 jfu Impairment Charges
ImpairmentCharges
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CY2023 jfu Impact Of Exchange Rate
ImpactOfExchangeRate
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CY2023Q4 us-gaap Investments
Investments
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CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
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CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
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CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
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CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
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CY2021Q2 jfu Fair Value At The Disposal
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CY2021 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
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CY2023Q4 us-gaap Deposits
Deposits
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CY2023Q4 us-gaap Held To Maturity Securities Restricted
HeldToMaturitySecuritiesRestricted
39392000 cny
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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CY2023 us-gaap Available For Sale Debt Securities Gross Unrealized Loss
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
883000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
188340000 cny
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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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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CY2023Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
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CY2021Q4 jfu Accumulated Impairment Of Long Lived Assets Held For Use
AccumulatedImpairmentOfLongLivedAssetsHeldForUse
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CY2022Q4 jfu Accumulated Impairment Of Long Lived Assets Held For Use
AccumulatedImpairmentOfLongLivedAssetsHeldForUse
23296000 cny
CY2023Q4 jfu Accumulated Impairment Of Long Lived Assets Held For Use
AccumulatedImpairmentOfLongLivedAssetsHeldForUse
23296000 cny
CY2021Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
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CY2023Q4 us-gaap Accrued Professional Fees Current
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22576000 cny
CY2022Q4 us-gaap Accrued Professional Fees Current And Noncurrent
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CY2023Q4 us-gaap Accrued Professional Fees Current And Noncurrent
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CY2022Q4 jfu Accrued Expenses Bank Balances Held On Behalf Of Customers
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153701000 cny
CY2023Q4 jfu Accrued Expenses Bank Balances Held On Behalf Of Customers
AccruedExpensesBankBalancesHeldOnBehalfOfCustomers
42953000 cny
CY2022Q4 jfu Accrued Expenses And Other Liabilities Deposits
AccruedExpensesAndOtherLiabilitiesDeposits
586000 cny
CY2023Q4 jfu Accrued Expenses And Other Liabilities Deposits
AccruedExpensesAndOtherLiabilitiesDeposits
633000 cny
CY2022Q4 jfu Accrued Expenses And Other Liabilities Value Added Tax And Surcharges
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1165000 cny
CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
69389000 cny
CY2023Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
61790000 cny
CY2021Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
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CY2022Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
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CY2023Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
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CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
32881000 cny
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
39415000 cny
CY2021Q4 jfu Finite Lived Intangible Assets Accumulated Impairment
FiniteLivedIntangibleAssetsAccumulatedImpairment
17220000 cny
CY2022Q4 jfu Finite Lived Intangible Assets Accumulated Impairment
FiniteLivedIntangibleAssetsAccumulatedImpairment
17220000 cny
CY2023Q4 jfu Finite Lived Intangible Assets Accumulated Impairment
FiniteLivedIntangibleAssetsAccumulatedImpairment
17220000 cny
CY2021Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
37283000 cny
CY2022Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
35135000 cny
CY2023Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
29498000 cny
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6402000 cny
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6534000 cny
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
4177000 cny
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
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CY2022Q4 us-gaap Accrued Professional Fees Current
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CY2023Q4 jfu Accrued Expenses And Other Liabilities Value Added Tax And Surcharges
AccruedExpensesAndOtherLiabilitiesValueAddedTaxAndSurcharges
6980000 cny
CY2022Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
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CY2023Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
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CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
250346000 cny
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
134018000 cny
CY2022 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
92780000 cny
CY2023 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
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CY2022 us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
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CY2023 us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
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CY2022 us-gaap Related Party Tax Expense Due To Affiliates Deferred
RelatedPartyTaxExpenseDueToAffiliatesDeferred
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CY2023 us-gaap Related Party Tax Expense Due To Affiliates Deferred
RelatedPartyTaxExpenseDueToAffiliatesDeferred
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CY2023 jfu Profits Earned
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CY2023 jfu Preferential Income Tax Rate
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
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CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
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CY2022 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
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CY2022 us-gaap Interest Paid Net
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CY2023 us-gaap Interest Paid Net
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CY2023 us-gaap Interest Paid Net
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CY2023 jfu Allowance For Doubtful Accounts Write Off
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CY2021 jfu Additions
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