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

A summary of supplemental information related to operating leases is as follows:

 

 

 

As of December 31,

 

 

2020

 

2021

 

 

RMB

 

RMB

Operating lease ROU assets

 

536,710

 

422,966

Operating lease liabilities-non-current

 

311,910

 

206,303

Operating lease liabilities-current

 

215,300

 

214,843

Total operating lease liabilities

 

527,210

 

421,146

Weighted average remaining lease term

 

2.57years

 

1.94years

Weighted average discount rate

 

5.41%

 

5.06%

 

 

Summary of Lease Cost Recognized and Supplemental Cashflow Information Related to Operating Lease

A summary of lease cost recognized in the Group’s consolidated statements of operations and supplemental cashflow information related to operating leases is as follows:

 

 

 

Year ended December 31,

 

 

2019

 

2020

 

2021

 

 

RMB

 

RMB

 

RMB

Operating lease cost

 

53,752

 

179,515

 

268,321

Short-term lease cost

 

2,291

 

4,249

 

420

Variable cost

 

1,557

 

6,396

 

9,166

Cash paid for operating leases

 

48,281

 

168,943

 

265,997

Right-of-use assets obtained in exchange for operating lease liabilities

 

295,454

 

448,148

 

269,601

Summary of Maturity of Operating Lease Liabilities under Non-Cancelable Operating Leases

A summary of maturity of operating lease liabilities under the Group’s non-cancellable operating leases as of December 31, 2021 is as follows:

 

 

 

As of

December 31,

 

 

2021

 

 

RMB

2022

 

231,314

2023

 

147,847

2024

 

43,050

2025

 

14,644

2026

 

7,386

2027 and thereafter

 

2,074

Total lease payment

 

446,315

Less: interest

 

(25,169)

Present value of operating lease liability

 

421,146