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COMBINED AND CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Dec. 31, 2022
CNY (¥)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 913,277 $ 132,413 ¥ 449,352
Short-term investments 945,865 137,138 2,342,743
Accounts receivable, net (net of allowance of RMB7,294 and RMB6,249 as of December 31, 2021 and 2022, respectively) 485,044 70,325 85,821
Contract assets, net (net of allowance of RMB1,223 and RMB459 as of December 31, 2021 and 2022, respectively) 12,600 1,827 146,537
Amounts due from related parties (net of allowance of nil and nil as of December 31, 2021 and 2022, respectively) 5,021 728 3,543
Inventories 646,852 93,785 376,244
Prepayments and other current assets 126,452 18,333 89,119
Total current assets 3,135,111 454,549 3,493,359
Property and equipment, net 504,953 73,211 321,627
Long-term investments 31,856 4,619 1,902
Intangible assets, net 20,600 2,987 19,553
Land-use rights, net 41,606 6,032 42,470
Goodwill 3,823 554 3,499
Right-of-use assets 44,349 6,430  
Other non-current assets 57,098 8,278 69,959
Total non-current assets 704,285 102,111 459,010
TOTAL ASSETS 3,839,396 556,660 3,952,369
Current liabilities:      
Accounts payable 206,681 29,966 77,271
Contract liabilities 40,378 5,854 122,603
Amounts due to related parties 334,283 48,466 307,498
Accrued warranty liability 17,694 2,565 13,932
Accrued expenses and other current liabilities 356,502 51,689 370,854
Total current liabilities 955,538 138,540 892,158
Deferred tax liabilities 439 64 466
Lease liabilities 10,139 1,470  
Long-term borrowings 18,472 2,678  
Other non-current liabilities 13,075 1,896 9,924
Total non-current liabilities 42,125 6,108 10,390
TOTAL LIABILITIES 997,663 144,648 902,548
Commitments and contingencies (Note 25)
Mezzanine equity:      
MEZZANINE EQUITY 5,986,910 868,020 5,540,491
Shareholders' deficit      
Subscription receivables (310,227) (44,979) (310,227)
Accumulated other comprehensive income (loss) (3,608) (523) 8,465
Accumulated deficit (2,831,381) (410,512) (2,188,947)
Total Shareholders' deficit (3,145,177) (456,008) (2,490,670)
TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS' DEFICIT 3,839,396 556,660 3,952,369
Class A      
Shareholders' deficit      
Ordinary shares 19 3 19
Class B      
Shareholders' deficit      
Ordinary shares ¥ 20 $ 3 ¥ 20