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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
CNY (¥)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
CNY (¥)
Dec. 31, 2020
CNY (¥)
Cash flows from operating activities        
Net income (loss) ¥ (520,691) $ (75,492) ¥ (353,204) ¥ 411,157
Adjustments to reconcile net income (loss) to net cash from operating activities        
Depreciation of property and equipment 49,208 7,134 45,751 52,137
Amortization of intangible assets 3,817 553 5,071 16,409
Non-cash operating lease expense 6,393 927 18,533 44,086
Provision for credit losses 29,556 4,285 13,688 10,607
Impairment of assets 261,835 37,962 394,979 150,381
Foreign currency exchange (gains) losses 95,434 13,837 (29,799) (40,361)
Losses (Gains) on disposal of property and equipment and intangible assets (7,257) (1,052) 447 3,422
(Gains) Losses on disposal/deemed disposal of businesses and subsidiaries/VIEs (254) (37) 2,487 (394,225)
Gains on disposal of investments (32,536) (4,717) (92,143) (507,346)
Changes in fair value of financial assets 25,658 3,720 (90,606) (127,739)
Share of loss (income) from equity method investments 12,143 1,761 (60,992) 5,231
Deferred income tax (benefits) expenses (12,881) (1,868) 920 (9,628)
Share-based compensation expenses 7,863 1,139 7,150 80,982
Changes in operating assets and liabilities        
Accounts receivable (103,567) (15,016) 56,990 179,223
Prepayments and other current assets (447,179) (64,834) 315,614 (87,319)
Due from related parties 17,736 2,571 68,753 (49,380)
Other non-current assets 9,225 1,337 979 18,103
Accounts payable (10,391) (1,507) 31,272 104,725
Accrued expenses and other current liabilities 236,332 34,265 (201,293) 63,046
Operating lease liabilities (4,335) (629) (37,770) (35,532)
Due to related parties (15,054) (2,183) (10,518) (24,650)
Income tax payable (11,776) (1,707) 17,954 (32,437)
Other non-current liabilities (13,528) (1,961) (1,452) 122,976
Net cash (used in) provided by operating activities (424,249) (61,512) 102,811 (46,132)
Cash flows from investing activities        
Purchases of property, plant and equipment and intangible assets (6,783) (984) (46,818) (59,269)
Purchase of long-term investments (69,581) (10,088) (9,500) (185,924)
Purchase of short-term investments (1,005,110) (145,727) (3,630,357) (1,375,485)
Proceeds from maturity of short-term investments 1,111,461 161,147 3,726,028 2,327,147
Proceeds from disposal of businesses and subsidiaries/VIE's subsidiaries, net of cash acquired     45,043 159,817
Proceeds from disposal of property and equipment and intangible assets 7,516 1,090 199 2,715
Proceeds from disposal of long-term investments 153,549 22,262 188,193 1,021,746
Loans to related parties     (100,000) (15,012)
Loans to third parties (5,000) (725) (600) (6,810)
Repayment of loans from related parties     38,848 7,608
Repayment of loans from third parties 3,000 435 9,800 3,830
Net cash provided by investing activities 189,052 27,410 220,836 1,880,363
Cash flows from financing activities        
Proceeds from bank loans       70,119
Repayment for bank loans       (65,423)
Proceeds and advance from share-based awards       2,511
Purchase of shares from noncontrolling shareholders (4,866) (706) (4,620)  
Payment of dividends to noncontrolling shareholders     (5,020) (22,089)
Payment of dividends to Cheetah Mobile Inc. shareholders       (1,435,775)
Net cash used in financing activities (4,866) (706) (9,640) (1,450,657)
Effect of exchange rate changes on cash and cash equivalents and restricted cash 171,851 24,918 (29,755) (68,761)
Net increase (decrease) in cash and cash equivalents and restricted cash (68,212) (9,890) 284,252 314,813
Cash and cash equivalents and restricted cash at beginning of year 1,584,707 229,761 1,300,455 985,642
Cash and cash equivalents and restricted cash at end of year 1,516,495 219,871 1,584,707 1,300,455
Supplemental disclosures        
Cash payments for income taxes (12,365) (1,793) (5,974) (9,016)
Cash payments for interest expenses     (8) (223)
Cash payments for operating leases (15,446) (2,239) (37,448) (45,342)
Right-of-use assets (released) obtained in exchange for operating lease liabilities-Non-cash 9,768 1,416 52,338 (113,978)
Non-cash investing and financing activities:        
Acquisition of property and equipment and intangible assets included in accrued expenses and other current liabilities 5,896 855 3,917 4,547
Disposal of investment, businesses and subsidiaries included in prepayments and other current assets ¥ 9,348 $ 1,355 ¥ 57,611 32,606
Disposal of investment, businesses and subsidiaries included in related parties       ¥ 23,418