Summary of Selected Financial Information Relating to Group's Segments |
The following table presents selected financial information relating to the Group’s segments:
For the year ended December 31, 2021:
|
|
Overseas art study
services
|
|
Other educational services
|
|
Others
|
|
Consolidated
|
|
|
RMB
|
|
RMB
|
|
RMB
|
|
RMB
|
Net revenues
|
|
181,035,267
|
|
21,174,198
|
|
—
|
|
202,209,465
|
Operating cost and expenses:
|
|
|
|
|
|
|
|
|
Cost of revenues
|
|
81,964,815
|
|
14,154,713
|
|
1,294,387
|
|
97,413,915
|
Research and development
|
|
4,176,398
|
|
3,148,402
|
|
4,476,745
|
|
11,801,545
|
Selling and marketing
|
|
60,436,932
|
|
5,598,532
|
|
113,996
|
|
66,149,460
|
Unallocated corporate expenses*
|
|
—
|
|
—
|
|
—
|
|
93,256,046
|
Total operating cost and expenses
|
|
146,578,145
|
|
22,901,647
|
|
5,885,128
|
|
268,620,966
|
Other operating income, net
|
|
—
|
|
—
|
|
22,018
|
|
22,018
|
Income (Loss) from continuing operations
|
|
34,457,122
|
|
(1,727,449)
|
|
(5,863,110)
|
|
(66,389,483)
|
Other income, net
|
|
|
|
|
|
|
|
28,439,789
|
Loss from continuing operations before income taxes
|
|
|
|
|
|
|
|
(37,949,694)
|
For the year ended December 31, 2020:
|
|
Overseas art study
services
|
|
Other educational services
|
|
Others
|
|
Consolidated
|
|
|
RMB
|
|
RMB
|
|
RMB
|
|
RMB
|
Net revenues
|
|
138,703,946
|
|
20,025,679
|
|
3,437,922
|
|
162,167,547
|
Operating cost and expenses:
|
|
|
|
|
|
|
|
|
Cost of revenues
|
|
83,972,820
|
|
9,954,371
|
|
4,593,836
|
|
98,521,027
|
Research and development
|
|
1,834,597
|
|
150,622
|
|
6,847,269
|
|
8,832,488
|
Selling and marketing
|
|
49,804,055
|
|
3,266,430
|
|
429,566
|
|
53,500,051
|
Unallocated corporate expenses*
|
|
—
|
|
—
|
|
—
|
|
100,097,849
|
Impairment loss of intangible assets and other non-current assets
|
|
—
|
|
—
|
|
3,120,425
|
|
3,120,425
|
Provision for loan receivable and other receivables
|
|
—
|
|
—
|
|
5,904,305
|
|
5,904,305
|
Total operating cost and expenses
|
|
135,611,472
|
|
13,371,423
|
|
20,895,401
|
|
269,976,145
|
Other operating income, net
|
|
167,016
|
|
94,340
|
|
68,868
|
|
330,224
|
Income (Loss)from continuing operations
|
|
3,259,490
|
|
6,748,596
|
|
(17,388,611)
|
|
(107,478,374)
|
Other loss, net
|
|
|
|
|
|
|
|
(3,375,210)
|
Loss from continuing operations before income taxes
|
|
|
|
|
|
|
|
(110,853,584)
|
For the year ended December 31, 2019:
|
|
Overseas art study
services
|
|
Other educational services
|
|
Others
|
|
Consolidated
|
|
|
RMB
|
|
RMB
|
|
RMB
|
|
RMB
|
Net revenues
|
|
82,376,727
|
|
9,045,411
|
|
6,348,029
|
|
97,770,167
|
Operating cost and expenses:
|
|
|
|
|
|
|
|
|
Cost of revenues
|
|
50,365,985
|
|
5,729,940
|
|
5,818,577
|
|
61,914,502
|
Research and development
|
|
—
|
|
—
|
|
11,817,255
|
|
11,817,255
|
Selling and marketing
|
|
27,859,200
|
|
1,217,014
|
|
5,035,998
|
|
34,112,212
|
Unallocated corporate expenses*
|
|
—
|
|
—
|
|
—
|
|
81,923,516
|
Impairment loss of intangible assets and other non-current assets
|
|
—
|
|
—
|
|
8,932,439
|
|
8,932,439
|
Provision for loan receivable and other receivables
|
|
—
|
|
—
|
|
17,430,825
|
|
17,430,825
|
Total operating cost and expenses
|
|
78,225,185
|
|
6,946,954
|
|
49,035,094
|
|
216,130,749
|
Other operating income, net
|
|
—
|
|
—
|
|
588,147
|
|
588,147
|
Income (Loss) from continuing operations
|
|
4,151,542
|
|
2,098,457
|
|
(42,098,918)
|
|
(117,772,435)
|
Other loss, net
|
|
|
|
|
|
|
|
(23,489,180)
|
Loss from continuing operations before income taxes
|
|
|
|
|
|
|
|
(141,261,615)
|
*Unallocated corporate expenses represent the general and administrative expenses for the years ended December 31, 2019, 2020 and 2021.
|