XML 46 R47.htm IDEA: XBRL DOCUMENT v3.20.1

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Taxes

Schedule of Group's loss before income taxes

​

​	​	​	​	​	​	​	​	​
​		For the years ended December 31,
​		2017	​	2018		2019		2019
​	​	RMB	​	RMB	​	RMB	​	US$
Non-PRC	​	(108,086)	​	(7,083,904)		(2,741,219)		(393,751)
PRC	​	(417,029)	​	(3,133,221)		(4,226,384)		(607,083)
​	​	(525,115)	​	(10,217,125)		(6,967,603)		(1,000,834)

Schedule of reconciliations of the income tax expenses

​

​	​	​	​	​	​	​	​	​	​
​	​	For the years ended December 31,
​		2017		2018		2019		2019
​	​	RMB	​	RMB	​	RMB	​	US$
Loss before income tax expense		(525,115)	​	(10,217,125)		(6,967,603)		(1,000,834)	​
PRC statutory tax rate		25	%	25	%	25	%	25	%
Income tax benefits at PRC statutory tax rate		(131,279)	​	(2,554,281)		(1,741,901)		(250,208)	​
International tax rate differential		27,074	​	1,779,100		735,028		105,580	​
Preferential tax rate	​	—	​	197,828	​	358,796	​	51,538	​
Non-deductible expenses		6,890	​	36,726		(5,980)		(859)	​
Non-taxable income		(11,962)	​	(20,973)		(61,151)		(8,784)	​
Loss not recognized	​	22,747	​	—	​	—	​	—	​
Deferred tax items tax rate differential	​	—	​	(34,236)	​	(570,382)	​	(81,930)	​
Additional deduction of research and development expenses	​	—	​	(22,672)	​	(67,628)	​	(9,714)	​
Change in valuation allowance		86,530	​	618,508		1,353,218		194,377	​
Income tax expenses		—	​	—		—		—	​

Schedule of significant components of the Group's deferred tax assets

​

​	​	​	​	​	​	​
​	​	As of December 31,
​		2018		2019		2019
​	​	RMB	​	RMB	​	US$
Deferred tax assets	​	​	​	​	​	​
Tax losses carried forward	​	343,809		1,840,246		264,335
Carryforwards of non-deductible advertising expenses and donations	​	424,883	​	251,829	​	36,173
Others	​	13,276	​	43,111	​	6,193
Less: valuation allowance	​	(781,968)		(2,135,186)		(306,701)
Deferred tax assets, net	​	—		—		—

​

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration