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CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
CNY (¥)
¥ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
shares
Dec. 31, 2018
CNY (¥)
¥ / shares
shares
Dec. 31, 2017
CNY (¥)
¥ / shares
shares
Revenues:        
Revenues ¥ 28,993,658 $ 4,164,678 ¥ 24,989,116 ¥ 17,378,350
Operating costs and expenses:        
Cost of revenues (including related party amounts of RMB141,642, RMB789,116 and RMB1,565,850 (US$224,920) for the years ended December 31, 2017, 2018 and 2019, respectively) (30,348,342) (4,359,267) (27,132,811) (17,386,563)
Selling, general and administrative (including related party amounts of RMB148,918, RMB11,666 and RMB5,581 (US$802) for the years ended December 31, 2017, 2018 and 2019, respectively) (5,236,007) (752,105) (4,167,889) (2,674,990)
Research and development (including related party amounts of RMB2,833, RMB5,114 and RMB19,486 (US$2,799) for the years ended December 31, 2017, 2018 and 2019, respectively) (2,667,146) (383,112) (1,994,652) (1,269,806)
Total operating costs and expenses (38,251,495) (5,494,484) (33,295,352) (21,331,359)
Operating loss (9,257,837) (1,329,806) (8,306,236) (3,953,009)
Other expense        
Interest income (including related party amounts of RMB nil, RMB2,202 and RMB4,856 (US$698) for the years ended December 31, 2017, 2018 and 2019, respectively) 402,145 57,765 213,969 83,127
Interest expenses (including related party amounts of RMB168,154, RMB nil and RMB nil (US$ nil) for the years ended December 31, 2017, 2018 and 2019, respectively) (914,371) (131,341) (94,711) (277,577)
Foreign exchange gain/(loss), net (190,210) (27,322) (970,796) 400,737
Loss from equity method investments (155,073) (22,275) (16,965) (263)
Other income/(loss), net (109,541) (15,735) 192,309 2,488
Total other income/(expenses), net (967,050) (138,908) (676,194) 208,512
Loss before income taxes (10,224,887) (1,468,714) (8,982,430) (3,744,497)
Income tax benefit/(expense) (51,852) (7,448) (78,801) 7,565
Net loss (10,276,739) (1,476,162) (9,061,231) (3,736,932)
Less: Net income attributable to noncontrolling interests and redeemable noncontrolling interests 46,590 6,692 48,545 0
Net loss attributable to iQIYI, Inc. (10,323,329) (1,482,854) (9,109,776) (3,736,932)
Accretion of redeemable convertible preferred shares 0 0 (298,990) 5,073,140
Accretion of redeemable noncontrolling interests (1,542) (222) 0 0
Extinguishment and reissuance of Series B preferred shares 0 0 0 (363,279)
Net income/(loss) attributable to ordinary shareholders (10,324,871) (1,483,076) (9,408,766) ¥ 972,929
Net earnings/(loss) per ordinary share:        
Basic | ¥ / shares       ¥ 0.30
Diluted | ¥ / shares       ¥ (1.15)
Shares used in net earnings/ (loss) per ordinary share computation:        
Basic       342,548,237
Diluted       3,243,147,261
Other comprehensive income        
Foreign currency translation adjustments 228,974 32,890 1,787,553 ¥ (264,774)
Unrealized losses on available-for-sale debt securities (297) (43) (689) (1,470)
Total other comprehensive (loss)/income, net of tax 228,677 32,847 1,786,864 (266,244)
Comprehensive loss (10,048,062) (1,443,315) (7,274,367) (4,003,176)
Less: Comprehensive income attributable to noncontrolling interests and redeemable noncontrolling interests 48,495 6,966 48,589 0
Comprehensive loss attributable to iQIYI, Inc. ¥ (10,096,557) $ (1,450,281) ¥ (7,322,956) (4,003,176)
Class A and Class B ordinary share        
Net earnings/(loss) per ordinary share:        
Basic | (per share) ¥ (2.02) $ (0.29) ¥ (2.43)  
Diluted | (per share) ¥ (2.02) $ (0.29) ¥ (2.43)  
Shares used in net earnings/ (loss) per ordinary share computation:        
Basic 5,104,882,400 5,104,882,400 3,867,931,786  
Diluted 5,104,882,400 5,104,882,400 3,867,931,786  
American Depositary Shares        
Net earnings/(loss) per ordinary share:        
Basic | (per share) ¥ (14.14) $ (2.03) ¥ (17.01)  
Diluted | (per share) ¥ (14.14) $ (2.03) ¥ (17.01)  
Membership services        
Revenues:        
Revenues ¥ 14,435,611 $ 2,073,546 ¥ 10,622,769 6,536,028
Online advertising services        
Revenues:        
Revenues 8,270,600 1,187,997 9,328,061 8,158,924
Content distribution        
Revenues:        
Revenues 2,544,221 365,454 2,162,643 1,191,816
Others        
Revenues:        
Revenues ¥ 3,743,226 $ 537,681 ¥ 2,875,643 ¥ 1,491,582