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Prepayments and Other Assets (Tables)
12 Months Ended
Dec. 31, 2019
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]  
Components of Current and Non-Current Portions of Prepayment and Other Assets

The current and non-current portions of prepayments and other assets consist of the following:

 

 

 

As of December 31,

 

 

 

2018

 

 

2019

 

 

2019

 

 

 

RMB

 

 

RMB

 

 

US$

 

Current portion:

 

 

 

 

 

 

 

 

 

 

 

 

Contract assets

 

 

1,414,549

 

 

 

1,875,704

 

 

 

269,428

 

VAT prepayments

 

 

436,343

 

 

 

507,135

 

 

 

72,845

 

Prepaid licensed copyrights

 

 

184,926

 

 

 

311,144

 

 

 

44,693

 

Deposits and prepaid rental fees

 

 

123,863

 

 

 

133,692

 

 

 

19,204

 

Others

 

 

536,700

 

 

 

891,553

 

 

 

128,064

 

 

 

 

2,696,381

 

 

 

3,719,228

 

 

 

534,234

 

 

 

 

As of December 31,

 

 

 

2018

 

 

2019

 

 

2019

 

 

 

RMB

 

 

RMB

 

 

US$

 

Non-current portion:

 

 

 

 

 

 

 

 

 

 

 

 

Prepaid licensed copyrights

 

 

3,685,272

 

 

 

3,006,109

 

 

 

431,801

 

Licensed copyrights prepaid assets (i)

 

 

569,123

 

 

 

325,504

 

 

 

46,756

 

Deposits and prepaid rental fees

 

 

171,676

 

 

 

22,269

 

 

 

3,199

 

Others

 

 

269,812

 

 

 

154,594

 

 

 

22,205

 

 

 

 

4,695,883

 

 

 

3,508,476

 

 

 

503,961

 

 

(i)

Licensed copyrights prepaid assets are recognized when the Group has yet to receive the content copyrights from the counterparty under nonmonetary exchanges but the counterparty has already received the content copyrights from the Group.