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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Lessee Disclosure [Abstract]  
Schedule of Finance Lease

 

 

 

As of December 31,

 

 

 

2021

 

 

2022

 

 

2022

 

 

 

RMB

 

 

RMB

 

 

US$

 

Finance lease

 

 

 

 

 

 

 

 

 

Computer equipment

 

 

118,997

 

 

 

118,997

 

 

 

17,253

 

Accumulated depreciation

 

 

(23,215

)

 

 

(46,127

)

 

 

(6,688

)

Computer equipment, net

 

 

95,782

 

 

 

72,870

 

 

 

10,565

 

Finance lease liabilities, current portion

 

 

42,853

 

 

 

30,862

 

 

 

4,475

 

Finance lease liabilities

 

 

43,058

 

 

 

16,507

 

 

 

2,393

 

Total finance lease liabilities

 

 

85,911

 

 

 

47,369

 

 

 

6,868

 

Summary of Components of Lease Costs

The components of lease costs were as follows:

 

 

 

For the year ended December 31,

 

 

 

2020

 

 

2021

 

 

2022

 

 

2022

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

US$

 

Operating lease costs(i)

 

 

173,815

 

 

 

202,862

 

 

 

155,408

 

 

 

22,532

 

Finance lease costs

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of finance lease assets

 

 

25,010

 

 

 

12,856

 

 

 

22,912

 

 

 

3,322

 

Interest on lease liabilities

 

 

4,251

 

 

 

1,866

 

 

 

3,463

 

 

 

502

 

Total finance lease costs

 

 

29,261

 

 

 

14,722

 

 

 

26,375

 

 

 

3,824

 

 

(i)
Excludes short-term lease contract costs of RMB451 million, RMB328 million and RMB310 million (US$45 million) for the years ended December 31, 2020, 2021 and 2022, respectively.
Summary of Cash Paid for Amounts Included in Measurement of Lease Liabilities

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

For the year ended December 31,

 

 

 

2020

 

 

2021

 

 

2022

 

 

2022

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

US$

 

Operating cash payments for operating leases

 

 

208,493

 

 

 

190,407

 

 

 

129,803

 

 

 

18,820

 

Operating cash payments for finance leases

 

 

662

 

 

 

1,004

 

 

 

3,872

 

 

 

561

 

Financing cash payments for finance leases

 

 

9,020

 

 

 

14,473

 

 

 

38,132

 

 

 

5,529

 

Schedule of Lease Assets Obtained in Exchange for Lease Obligation

Lease assets obtained in exchange for lease obligations:

 

 

 

For the year ended December 31,

 

 

 

2020

 

 

2021

 

 

2022

 

 

2022

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

US$

 

Operating leases

 

 

359,168

 

 

 

36,515

 

 

 

6,868

 

 

 

996

 

Finance leases

 

 

15,208

 

 

 

75,693

 

 

 

 

 

 

 

Summary of Future Lease Payments under Lease Liabilities

Future lease payments under lease liabilities as of December 31, 2022 were as follows:

 

 

 

Operating leases

 

 

Finance leases

 

 

 

RMB

 

 

US$

 

 

RMB

 

 

US$

 

Year ending December 31,

 

 

 

 

 

 

 

 

 

 

 

 

2023

 

 

102,756

 

 

 

14,898

 

 

 

31,533

 

 

 

4,572

 

2024

 

 

79,602

 

 

 

11,541

 

 

 

27,954

 

 

 

4,053

 

2025

 

 

74,799

 

 

 

10,845

 

 

 

 

 

 

 

2026

 

 

70,441

 

 

 

10,213

 

 

 

 

 

 

 

2027

 

 

69,881

 

 

 

10,132

 

 

 

 

 

 

 

Thereafter

 

 

385,191

 

 

 

55,848

 

 

 

 

 

 

 

Total future lease payments

 

 

782,670

 

 

 

113,477

 

 

 

59,487

 

 

 

8,625

 

Less: Imputed interest

 

 

(170,582

)

 

 

(24,732

)

 

 

(12,118

)

 

 

(1,757

)

Total lease liability balance

 

 

612,088

 

 

 

88,745

 

 

 

47,369

 

 

 

6,868