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Intangible Assets, Net

12 Months Ended

Dec. 31, 2022

Intangible Assets, Net (Excluding Goodwill) [Abstract]

7.	Intangible Assets, Net

The following is a summary of intangible assets, net:


	As of December 31, 2021
	Gross carrying value		Accumulated amortization			Net carrying value

	RMB in thousands
Licensed copyrights of content		5,567,213		(3,245,622	)		2,321,591
License rights of mobile games		455,687		(229,559	)		226,128
Intellectual property and others		1,674,232		(386,351	)		1,287,881

Total		7,697,132		(3,861,532	)		3,835,600


	As of December 31, 2022
	Gross carrying value		Accumulated amortization			Net carrying value

	RMB in thousands
Licensed copyrights of content		7,131,626		(4,622,992	)		2,508,634
License rights of mobile games		427,726		(300,659	)		127,067
Intellectual property and others		2,337,508		(646,419	)		1,691,089

Total		9,896,860		(5,570,070	)		4,326,790

Amortization expenses were RMB1,395.1 million, RMB 1,903.2 million and RMB2,581.3 million for the years ended December 31, 2020, 2021 and 2022, respectively. No impairment charge was recognized for any of the periods presented.

As of December 31, 2022, the licensed copyrights of content have weighted-average useful lives of 4.04 years. The intangible assets amortization expense for future years is expected to be as follows:


	Intangible assets amortization expense
	RMB in thousands
2023		1,443,225
2024		901,334
2025		533,749
2026		371,679
2027		242,666
Thereafter		834,137

Total expected amortization expense		4,326,790