XML 20 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Dec. 31, 2021
CNY (¥)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 2,997,212 $ 470,328 ¥ 10,915,282
Restricted cash 77,652 12,185 25,230
Short-term investments 1,348,255 211,571 3,358,174
Accounts receivable, net of allowance of RMB360,299 and RMB240,326 (US$37,712) as of December 31, 2020 and 2021, respectively 2,747,774 431,186 3,344,433
Prepayments and other assets 3,266,523 512,589 3,515,855
Amounts due from related parties 155,512 24,403 96,111
Licensed copyrights, net 931,189 146,124 1,035,339
Total current assets 11,524,117 1,808,386 22,290,424
Non-current assets:      
Fixed assets, net 1,344,784 211,026 1,393,467
Long-term investments 3,035,155 476,282 3,202,828
Deferred tax assets, net 31,351 4,920 51,347
Licensed copyrights, net 7,258,042 1,138,945 6,435,055
Intangible assets, net 545,305 85,570 627,198
Produced content, net 10,951,078 1,718,463 6,556,084
Prepayments and other assets 2,905,690 455,966 2,699,423
Operating lease assets 907,297 142,375 1,001,857
Goodwill 3,888,346 610,166 3,888,346
Amounts due from related parties 81,000 12,711 39,400
Total non-current assets 30,948,048 4,856,424 25,895,005
Total assets 42,472,165 6,664,810 48,185,429
Current liabilities (including current liabilities of the consolidated VIEs without recourse to the primary beneficiary of RMB12,127,963 and RMB13,941,720 (US$2,187,760) as of December 31, 2020 and 2021, respectively):      
Accounts and notes payable 8,896,460 1,396,049 7,561,532
Amounts due to related parties 2,634,089 413,346 1,778,783
Customer advances and deferred revenue 3,484,509 546,795 3,444,917
Short-term loans 4,117,774 646,169 2,965,957
Long-term loans, current portion     909,034
Convertible senior notes, current portion 0 0 4,752,061
Operating lease liabilities, current portion 171,541 26,919 201,307
Accrued expenses 2,280,322 357,831 2,261,985
Other liabilities 891,775 139,939 979,002
Total current liabilities 22,476,470 3,527,048 24,854,578
Non-current liabilities (including non-current liabilities of the consolidated VIEs without recourse to the primary beneficiary of RMB1,148,695 and RMB919,082 (US$144,224) as of December 31, 2020 and 2021, respectively):      
Convertible senior notes 12,652,172 1,985,402 11,926,715
Deferred tax liabilities 3,127 491 4,588
Amounts due to related parties 780,615 122,496 977,407
Operating lease liabilities 625,737 98,192 767,676
Other non-current liabilities 260,931 40,946 210,167
Total non-current liabilities 14,322,582 2,247,527 13,886,553
Total liabilities 36,799,052 5,774,575 38,741,131
Commitments and contingencies
Mezzanine equity:      
Redeemable noncontrolling interests 397,385 62,358 108,629
Shareholders’ equity:      
Additional paid-in capital 49,642,014 7,789,915 47,687,483
Accumulated deficit (47,163,773) (7,401,025) (40,973,853)
Accumulated other comprehensive income 2,709,002 425,102 2,542,680
Noncontrolling interests 88,129 13,829 79,011
Total shareholders’ equity 5,275,728 827,877 9,335,669
Total liabilities, mezzanine equity and shareholders’ equity 42,472,165 6,664,810 48,185,429
Class A Ordinary Shares      
Shareholders’ equity:      
Ordinary shares, value 173 27 165
Class B Ordinary Shares      
Shareholders’ equity:      
Ordinary shares, value ¥ 183 $ 29 ¥ 183