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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Lessee Disclosure [Abstract]  
Schedule of Finance Lease

 

 

 

As of December 31,

 

 

 

2019

 

 

2019

 

 

 

RMB

 

 

US$

 

Finance lease

 

 

 

 

 

 

 

 

Property and equipment, gross

 

 

20,334

 

 

 

2,921

 

Accumulated depreciation

 

 

(1,212

)

 

 

(174

)

Property and equipment, net

 

 

19,122

 

 

 

2,747

 

Finance lease liabilities, current portion

 

 

6,684

 

 

 

960

 

Finance lease liabilities

 

 

10,348

 

 

 

1,486

 

Total finance lease liabilities

 

 

17,032

 

 

 

2,446

 

 

Summary of Components of Lease Cost

The components of lease cost were as follows:

 

 

 

As of December 31,

 

 

 

2019

 

 

2019

 

 

 

RMB

 

 

US$

 

Operating lease costs(i)

 

 

183,578

 

 

 

26,369

 

Finance lease costs:

 

 

 

 

 

 

 

 

Amortization of ROU assets

 

 

579

 

 

 

83

 

Total finance lease costs

 

 

579

 

 

 

83

 

 

(i)

Excluding cost of short-term contracts. Short-term lease costs for year ended December 31, 2019 were RMB357million (US$51 million).

Summary of Cash Paid for Amounts Included in Measurement of Lease Liabilities

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

As of December 31,

 

 

 

2019

 

 

2019

 

 

 

RMB

 

 

US$

 

Operating cash payments for operating leases

 

 

208,560

 

 

 

29,958

 

Operating cash payments for finance leases

 

 

 

 

 

 

Financing cash payments for finance leases

 

 

397

 

 

 

57

 

 

Schedule of ROU Assets Obtained in Exchange for Lease Obligation

ROU assets obtained in exchange for lease obligations:

 

 

 

As of December 31,

 

 

 

2019

 

 

2019

 

 

 

RMB

 

 

US$

 

Operating leases

 

 

323,242

 

 

 

46,431

 

Finance leases

 

 

18,950

 

 

 

2,722

 

 

Summary of Future Lease Payments under Lease Liabilities

Future lease payments under lease liabilities as of December 31, 2019 were as follows:

 

 

 

Operating leases

 

 

Finance leases

 

 

 

RMB

 

 

US$

 

 

RMB

 

 

US$

 

Year ending December 31,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2020

 

 

129,190

 

 

 

18,557

 

 

 

6,894

 

 

 

990

 

2021

 

 

119,686

 

 

 

17,192

 

 

 

6,895

 

 

 

990

 

2022

 

 

96,956

 

 

 

13,927

 

 

 

4,687

 

 

 

673

 

2023

 

 

81,614

 

 

 

11,723

 

 

 

 

 

 

 

2024

 

 

24,483

 

 

 

3,517

 

 

 

 

 

 

 

Thereafter

 

 

194,903

 

 

 

27,996

 

 

 

 

 

 

 

Total future lease payments

 

 

646,832

 

 

 

92,912

 

 

 

18,476

 

 

 

2,653

 

Less: Imputed interest

 

 

(118,688

)

 

 

(17,048

)

 

 

(1,444

)

 

 

(207

)

Total lease liability balance

 

 

528,144

 

 

 

75,864

 

 

 

17,032

 

 

 

2,446