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v3.23.1

Leases | 12 Months Ended
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Dec. 31, 2022
Leases |
Leases | 14. Leases The Group has entered into various non-cancellable operating and finance lease agreements for certain offices, warehouses, retail and service locations, equipment and vehicles worldwide. The Group determines if an arrangement is a lease, or contains a lease, at inception and record the leases in the financial statements upon lease commencement, which is the date when the underlying asset is made available for use by the lessor. The balances for the operating and finance leases where the Group is the lessee are presented as follows within the consolidated balance sheet: ​
​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​ | December 31,
​ |  | 2021 |  | 2022
Operating leases: |  |  | ​ | ​
Right-of-use assets - operating lease |  | 2,988,374 | ​ | 7,374,456
Current portion of operating lease liabilities |  | 744,561 | ​ | 1,025,968
Non-current operating lease liabilities |  | 2,317,193 | ​ | 6,517,096
Total operating lease liabilities |  | 3,061,754 | ​ | 7,543,064
Finance leases: |  | ​ | ​ | ​
Right-of-use assets - finance lease |  | 66,052 | ​ | 49,205
Current portion of finance lease liabilities |  | 27,815 | ​ | 30,609
Non-current finance lease liabilities |  | 31,646 | ​ | 14,457
Total finance lease liabilities |  | 59,461 | ​ | 45,066
​ The components of lease expenses were as follows: ​
​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
Lease cost: |  | 2021 |  | 2022
Amortization of right-of-use assets | ​ | 643,895 | ​ | 1,141,740
Interest of operating lease liabilities |  | 105,990 | ​ | 310,701
Expenses for short-term leases within 12 months and other non-lease component |  | 315,054 | ​ | 407,850
Total lease cost |  | 1,064,939 | ​ | 1,860,291
​ Other information related to leases where the Group is the lessee is as follows: ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, | ​ | As of December 31, | ​
​ |  | 2021 |  | 2022 | ​
Weighted-average remaining lease term: |  |  | ​ | ​ | ​
Operating leases |  | 6.1 | years | 11.6 | years
Finance leases |  | 3.1 | years | 2.9 | years
​ | ​ | ​ | ​ | ​ | ​
Weighted-average discount rate: |  | ​ | ​ | ​ | ​
Operating leases |  | 5.63 | % | 5.09 | %
Finance leases |  | 5.79 | % | 5.58 | %
​ Supplemental cash flow information related to leases where we are the lessee is as follows: ​
​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31,
​ |  | 2021 |  | 2022
Operating cash outflows from operating leases |  | 707,721 | ​ | 1,280,125
Operating cash outflows from finance leases (interest payments) |  | 4,199 | ​ | 4,906
Financing cash outflows from finance leases |  | 32,873 | ​ | 27,489
Right-of-use assets obtained in exchange for lease liabilities |  | 2,133,428 | ​ | 5,820,041
​ As of December 31, 2021 and 2022, the maturities of our operating and finance lease liabilities (excluding short-term leases) are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, | ​ | As of December 31
​ | ​ | 2021 | ​ | 2022
​ | ​ | Operating | ​ | Finance | ​ | Operating | ​ | Finance
​ |  | Leases |  | Leases |  | Leases |  | Leases
2022 |  | 904,537 | ​ | 30,900 |  | — | ​ | —
2023 |  | 770,669 | ​ | 23,516 |  | 1,574,692 | ​ | 35,151
2024 |  | 517,892 | ​ | 9,021 |  | 1,426,176 | ​ | 17,299
2025 |  | 365,739 | ​ | 106 |  | 1,213,535 | ​ | 6,717
2026 | ​ | 266,738 | ​ | 35 | ​ | 1,038,903 | ​ | 6,277
2027 | ​ | 185,475 | ​ | — | ​ | 837,505 | ​ | 4,737
Thereafter |  | 634,397 | ​ | — |  | 5,268,238 | ​ | 2,150
Total minimum lease payments |  | 3,645,447 | ​ | 63,578 |  | 11,359,049 | ​ | 72,331
Less: Interest |  | (583,693) | ​ | (4,117) |  | (3,815,985) | ​ | (27,265)
Present value of lease obligations |  | 3,061,754 | ​ | 59,461 |  | 7,543,064 | ​ | 45,066
Less: Current portion |  | (744,561) | ​ | (27,815) |  | (1,025,968) | ​ | (30,609)
Long-term portion of lease obligations |  | 2,317,193 | ​ | 31,646 |  | 6,517,096 | ​ | 14,457
​ As of December 31, 2021 and 2022, the Group had future minimum lease payments for non-cancelable short-term operating leases of RMB194,067 and RMB304,213, respectively.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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