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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2024
Stockholders Equity Note [Abstract]  
Summary of Changes in Shareholders' Equity

The changes in shareholders’ equity for the nine months ended September 30, 2023 and 2024 are as follows:

 

 

 

Attributable to iQIYI, INC.

 

 

 

 

 

 

 

 

 

Ordinary shares

 

 

Additional

 

 

Accumulated
other

 

 

 

 

 

 

 

 

Total

 

 

 

Number of
shares

 

 

Amount

 

 

paid-in
capital

 

 

comprehensive
income

 

 

Accumulated
deficit

 

 

Noncontrolling
interests

 

 

shareholders'
equity

 

(unaudited)

 

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

RMB

 

 

RMB

 

 

RMB

 

Balances as of December 31, 2022

 

 

6,088,666,178

 

 

 

387

 

 

 

50,885,688

 

 

 

1,863,454

 

 

 

(46,498,897

)

 

 

92,807

 

 

 

6,343,439

 

Net income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,459,236

 

 

 

17,881

 

 

 

1,477,117

 

Issuance of ordinary shares upon follow-on
   offering, net of issuance costs

 

 

605,325,000

 

 

 

41

 

 

 

3,395,149

 

 

 

 

 

 

 

 

 

 

 

 

3,395,190

 

Exercise of share-based awards

 

 

19,117,294

 

 

 

1

 

 

 

46,654

 

 

 

 

 

 

 

 

 

 

 

 

46,655

 

Other comprehensive loss

 

 

 

 

 

 

 

 

 

 

 

(379,795

)

 

 

 

 

 

693

 

 

 

(379,102

)

Dividends paid and payable to noncontrolling
   interest holders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(21,552

)

 

 

(21,552

)

Share-based compensation

 

 

 

 

 

 

 

 

484,156

 

 

 

 

 

 

 

 

 

 

 

 

484,156

 

Balances as of September 30, 2023

 

 

6,713,108,472

 

 

 

429

 

 

 

54,811,647

 

 

 

1,483,659

 

 

 

(45,039,661

)

 

 

89,829

 

 

 

11,345,903

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balances as of December 31, 2023

 

 

6,716,137,085

 

 

 

430

 

 

 

54,971,469

 

 

 

1,688,047

 

 

 

(44,573,428

)

 

 

98,397

 

 

 

12,184,915

 

Net income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

953,414

 

 

 

24,163

 

 

 

977,577

 

Exercise of share-based awards

 

 

22,221,416

 

 

 

1

 

 

 

39,311

 

 

 

 

 

 

 

 

 

 

 

 

39,312

 

Other comprehensive loss

 

 

 

 

 

 

 

 

 

 

 

(299,055

)

 

 

 

 

 

(224

)

 

 

(299,279

)

Dividends paid and payable to noncontrolling
   interest holders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(22,503

)

 

 

(22,503

)

Acquisition of noncontrolling interests in
   subsidiaries

 

 

 

 

 

 

 

 

3,706

 

 

 

 

 

 

 

 

 

(30,525

)

 

 

(26,819

)

Share-based compensation

 

 

 

 

 

 

 

 

425,457

 

 

 

 

 

 

 

 

 

 

 

 

425,457

 

Balances as of September 30, 2024

 

 

6,738,358,501

 

 

 

431

 

 

 

55,439,943

 

 

 

1,388,992

 

 

 

(43,620,014

)

 

 

69,308

 

 

 

13,278,660

 

Balances as of September 30, 2024, in US$

 

 

 

 

 

62

 

 

 

7,900,129

 

 

 

197,930

 

 

 

(6,215,802

)

 

 

9,876

 

 

 

1,892,195