XML 37 R15.htm IDEA: XBRL DOCUMENT
v3.25.1

Intangible Assets, Net | 12 Months Ended
--- | ---
Dec. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
Intangible Assets, Net |
7. | Intangible Assets, Net
The following is a summary of intangible assets, net:
|  | As of December 31, 2023 |
|  | Gross carrying value |  |  | Accumulated amortization |  |  | Net carrying value |
|  | RMB in thousands |
Licensed copyrights of content |  |  | 8,052,943 |  |  |  | (5,759,614 | ) |  |  | 2,293,329 |
License rights of mobile games |  |  | 328,702 |  |  |  | (265,955 | ) |  |  | 62,747 |
Intellectual property and others |  |  | 2,424,040 |  |  |  | (1,152,583 | ) |  |  | 1,271,457 |
Total |  |  | 10,805,685 |  |  |  | (7,178,152 | ) |  |  | 3,627,533 |
|  | As of December 31, 2024 |
|  | Gross carrying value |  |  | Accumulated amortization |  |  | Net carrying value |
|  | RMB in thousands |
Licensed copyrights of content |  |  | 8,804,134 |  |  |  | (6,686,903 | ) |  |  | 2,117,231 |
License rights of mobile games |  |  | 310,676 |  |  |  | (240,913 | ) |  |  | 69,763 |
Intellectual property and others |  |  | 2,374,595 |  |  |  | (1,360,577 | ) |  |  | 1,014,018 |
Total |  |  | 11,489,405 |  |  |  | (8,288,393 | ) |  |  | 3,201,012 |
Amortization expenses were RMB2,581.3 million, RMB2,003.2 million and RMB1,772.4 million for the years ended December 31, 2022, 2023 and 2024, respectively. No impairment charge was recognized for any of the periods presented. As of December 31, 2024, the licensed copyrights of content have weighted-average useful lives of 4.13 years. The intangible assets amortization expense for future years is expected to be as follows:
|  | Intangible assets amortization expense |
|  | RMB in thousands |
2025 |  |  | 1,360,094 |
2026 |  |  | 800,882 |
2027 |  |  | 437,919 |
2028 |  |  | 227,437 |
2029 |  |  | 130,971 |
Thereafter |  |  | 243,709 |
Total expected amortization expense |  |  | 3,201,012 |

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481283/985-20-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/985-20/tableOfContent + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_IntangibleAssetsNetExcludingGoodwillAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration