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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Summary of Operating Leases

 

 

 

Years ended December 31,

 

 

2019

 

2020

 

2021

 

 

RMB

 

RMB

 

RMB

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

 

 

 

 

 

 

Operating cash flows from operating leases

 

85,717

 

72,698

 

74,038

Noncash changes in right-of-use assets from new lease obligations and lease

   modification:

 

 

 

 

 

 

Operating leases

 

126,099

 

(24,720)

 

4,339

Weighted average remaining lease term

 

 

 

 

 

 

Operating leases

 

12.2 years

 

12.0 years

 

12.3 years

Weighted average discount rate

 

 

 

 

 

 

Operating leases

 

6.7%

 

7.4%

 

7.6%

 

Summary of Maturity Analysis of Annual Undiscounted Cash Flows for Lease Liabilities

The following is a maturity analysis of the annual undiscounted cash flows for lease liabilities as of December 31, 2021:

 

 

 

RMB

 

2022

 

 

34,266

 

2023

 

 

48,943

 

2024

 

 

49,242

 

2025

 

 

51,461

 

2026

 

 

52,857

 

2027 and thereafter

 

 

409,773

 

Total future lease payments

 

 

646,542

 

Less: Imputed interest

 

 

228,099

 

Total lease liability balance

 

 

418,443