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Intangible Assets, Net
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET
8.
INTANGIBLE ASSETS, NET

Finite-lived intangible assets

 

 

 

As of December 31, 2022

 

 

 

Gross carrying
value

 

 

Accumulated amortization and impairment

 

 

Net carrying
value

 

 

 

RMB

 

 

RMB

 

 

RMB

 

Intellectual property rights (i)

 

 

532,184

 

 

 

(252,647

)

 

 

279,537

 

Published mobile games

 

 

514,664

 

 

 

(514,664

)

 

 

 

Trademarks

 

 

165,404

 

 

 

(120,809

)

 

 

44,595

 

Online literature

 

 

141,758

 

 

 

(110,109

)

 

 

31,649

 

Domain names

 

 

185,558

 

 

 

(123,491

)

 

 

62,067

 

Technology

 

 

101,730

 

 

 

(90,688

)

 

 

11,042

 

Others

 

 

17,738

 

 

 

(9,943

)

 

 

7,795

 

 

 

 

1,659,036

 

 

 

(1,222,351

)

 

 

436,685

 

 

 

 

 

As of December 31, 2023

 

 

 

Gross carrying
value

 

 

Accumulated
amortization
   and impairment

 

 

Net carrying
value

 

 

Net carrying
value

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

US$

 

Intellectual property rights (i)

 

 

510,697

 

 

 

(328,218

)

 

 

182,479

 

 

 

25,702

 

Published mobile games

 

 

396,888

 

 

 

(396,888

)

 

 

 

 

 

 

Trademarks

 

 

165,262

 

 

 

(123,378

)

 

 

41,884

 

 

 

5,899

 

Online literature

 

 

116,837

 

 

 

(92,751

)

 

 

24,086

 

 

 

3,392

 

Domain names

 

 

185,558

 

 

 

(130,956

)

 

 

54,602

 

 

 

7,691

 

Technology

 

 

101,000

 

 

 

(101,000

)

 

 

 

 

 

 

Others

 

 

16,829

 

 

 

(10,346

)

 

 

6,483

 

 

 

913

 

 

 

 

1,493,071

 

 

 

(1,183,537

)

 

 

309,534

 

 

 

43,597

 

 

(i)
Intellectual property rights include various rights the Company acquires either individually or in a bundle to broadcast, operate, publish, translate, distribute and/or adapt various forms of media, including but not limited to online games, literature and films.

Amortization expense was RMB162,182, RMB177,019 and RMB179,380 (US$25,265) for the years ended December 31, 2021, 2022 and 2023, respectively. Estimated amortization expense relating to the existing intangible assets for each of the next five years is as follows:

 

 

 

RMB

 

 

US$

 

Within 1 year

 

 

71,158

 

 

 

10,022

 

Between 1 and 2 years

 

 

62,958

 

 

 

8,867

 

Between 2 and 3 years

 

 

53,483

 

 

 

7,533

 

Between 3 and 4 years

 

 

48,398

 

 

 

6,817

 

Between 4 and 5 years

 

 

36,764

 

 

 

5,178