Prepayments and Other Assets (Tables)

12 Months Ended

Dec. 31, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Components of Current and Non-Current Portions of Prepayment and Other Assets

The current and non-current portions of prepayments and other assets consist of the following:

	As of December 31,
	2021		2022		2022
	RMB		RMB		US$
Current portion:
Contract assets (i)		1,591,152		1,490,656		216,125
VAT prepayments		711,114		335,350		48,621
Prepaid licensed copyrights		152,596		136,656		19,813
Receivables from online payment agencies		324,327		369,734		53,606
Advances to suppliers		219,605		128,065		18,568
Prepaid expenses		61,594		21,101		3,059
Deposits and prepaid rental fees		21,485		13,220		1,917
Others (ii)		184,650		108,145		15,681
		3,266,523		2,602,927		377,390

	As of December 31,
	2021		2022		2022
	RMB		RMB		US$
Non-current portion:
Prepaid licensed copyrights		2,193,285		2,525,282		366,131
Licensed copyrights prepaid assets (iii)		571,518		469,259		68,036
Deposits and prepaid rental fees		46,635		25,308		3,669
Long-term restricted cash (iv)		—		750,000		108,740
Others (ii)		94,252		95,284		13,816
		2,905,690		3,865,133		560,392

(i)The allowance for credit losses on contract assets was RMB14,721 and RMB12,409 (US$1,799) as of December 31, 2021 and 2022, respectively. The reversals charged against the allowance were RMB9,310 and RMB2,311 (US$335) for the years ended December 31, 2020 and 2022, respectively. The provision charged against the allowance were RMB5,446 for the year ended December 31,2021. No write-offs were charged against the allowance for the years ended December 31, 2020, 2021 and 2022.

(ii)The allowance for credit losses on other current and non-current assets were RMB93,217 and RMB133,644 (US$19,377) as of December 31, 2021 and 2022, respectively. The provision charged against the allowance were RMB73,688, RMB19,529, and RMB57,115 (US$8,281) for the years ended December 31, 2020, 2021 and 2022, respectively. The write-offs charged against the allowance were nil, nil and RMB16,688 (US$2,420) for the years ended December 31, 2020, 2021 and 2022, respectively.

(iii)Licensed copyrights prepaid assets are recognized when the Group has yet to receive the content copyrights from the counterparty under nonmonetary exchanges but the counterparty has already received the content copyrights from the Group.

(iv)Long-term restricted cash represents collateral to repayments of PAG Notes (Note 14).