Intangible Assets, Net

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Finite-lived intangible assets


	As of December 31, 2023
	Gross carrying value		Accumulated amortization and impairment			Net carrying value
	RMB		RMB			RMB
Intellectual property rights (i)		510,697		(328,218	)		182,479
Published mobile games		396,888		(396,888	)		—
Trademarks		165,262		(123,378	)		41,884
Online literature		116,837		(92,751	)		24,086
Domain names		185,558		(130,956	)		54,602
Technology		101,000		(101,000	)		—
Others		16,829		(10,346	)		6,483
		1,493,071		(1,183,537	)		309,534


	As of December 31, 2024
	Gross carrying value		Accumulated amortization and impairment			Net carrying value		Net carrying value
	RMB		RMB			RMB		US$
Intellectual property rights (i)		545,324		(352,689	)		192,635		26,391
Published mobile games		305,980		(305,980	)		—		—
Trademarks		165,262		(127,580	)		37,682		5,162
Online literature		46,008		(39,057	)		6,951		952
Domain names		185,558		(138,134	)		47,424		6,497
Technology		101,000		(101,000	)		—		—
Others		16,829		(11,660	)		5,169		709
		1,365,961		(1,076,100	)		289,861		39,711

(i)

Intellectual property rights include various rights the Company acquired 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 RMB177,019, RMB179,380 and RMB95,595 (US$13,096) for the years ended December 31, 2022, 2023 and 2024, 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		80,938		11,088
Between 1 and 2 years		62,296		8,535
Between 2 and 3 years		52,970		7,257
Between 3 and 4 years		45,190		6,191
Between 4 and 5 years		29,694		4,068