PROPERTY AND EQUIPMENT, NET |
(6) PROPERTY AND EQUIPMENT, NET
Property and equipment, net consist of the following:
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December 31, 2017
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December 31, 2018
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RMB
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RMB
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Building
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53,049,213
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53,049,213
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Computer equipment
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503,411
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599,992
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Furniture, fixtures and office equipment
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1,530,485
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1,437,949
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Motor vehicles
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1,986,506
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1,986,506
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Software
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1,156,779
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1,156,779
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Leasehold improvements
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5,842,420
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695,185
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64,068,814
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58,925,624
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Less: accumulated depreciation and amortization
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(21,766,182)
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(21,494,883)
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Property and equipment, net
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42,302,632
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37,430,741
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Total depreciation expense recognized for the year ended March 31, 2017, nine months ended December 31, 2017 and the year ended December 31, 2018 is allocated to the following expense items:
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Twelve months ended
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Nine months ended
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Twelve months ended
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March 31
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December 31
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December 31
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2017
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2017
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2018
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RMB
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RMB
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RMB
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Cost of revenues
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1,859,678
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1,384,157
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3,802
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Research and development
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921,720
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641,793
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640,372
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Sales and marketing
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136,243
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111,226
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122,199
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General and administrative
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801,952
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626,395
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417,295
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Other operating income, net
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—
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—
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1,782,454
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Total depreciation expense
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3,719,593
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2,763,571
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2,966,122
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