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CONSOLIDATED BALANCE SHEETS - CNY (¥)
¥ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Current assets        
Cash ¥ 16,259,457 ¥ 5,810,938    
Restricted cash 86,829 34,299    
Accounts receivable, net of allowance for doubtful accounts 1,480,335 879,962    
Value-added-tax ("VAT") recoverable 155,620 129,994    
Prepaid expenses 163,986 80,913    
Other current assets 172,579 148,603    
Total current assets 18,318,806 7,084,709    
Property and equipment, net 29,596,061 19,184,639    
Intangible assets, net 785,322 394,628    
Prepaid land use rights, net 678,190 747,187    
Operating lease right-of-use assets 3,059,700 796,679    
Goodwill 2,596,393 1,905,840 ¥ 1,751,970  
Deferred tax assets 146,088 72,931    
Restricted cash 146,643 128,025    
VAT recoverable 1,445,521 888,483    
Other non-current assets 486,071 289,410    
Total assets 57,258,795 31,492,531    
Current liabilities        
Short-term borrowings and current portion of long-term borrowings (including amounts of the consolidated VIEs without resource to the primary beneficiary of RMB254,000 and RMB343,944 as of December 31, 2019 and 2020, respectively) 2,153,390 1,137,737    
Accounts payable (including amounts of the consolidated VIEs without resource to the primary beneficiary of RMB181,448 and RMB194,325 as of December 31, 2019 and 2020, respectively) 3,657,112 1,675,966    
Accrued expenses and other payables (including amounts of the consolidated VIEs without resource to the primary beneficiary of RMB160,401 and RMB152,534 as of December 31, 2019 and 2020, respectively) 1,395,981 817,883    
Deferred revenue (including amounts of the consolidated VIEs without resource to the primary beneficiary of RMB68,003 and RMB90,192 as of December 31, 2019 and 2020, respectively) 96,668 90,316    
Operating lease liabilities, current (including amounts of the consolidated VIEs without resource to the primary beneficiary of RMB31,869 and RMB50,888 as of December 31, 2019 and 2020, respectively) 86,258 55,139    
Finance lease and other financing obligations, current (including amounts of the consolidated VIEs without resource to the primary beneficiary of RMB125,318 and RMB31,629 as of December 31, 2019 and 2020, respectively) 254,412 222,473    
Total current liabilities 7,643,821 3,999,514    
Long-term borrowings, excluding current portion (including amounts of the consolidated VIEs without resource to the primary beneficiary of RMB12,500 and RMB60,042 as of December 31, 2019 and 2020, respectively) 10,566,746 8,028,473    
Convertible bonds payable 1,928,466 2,049,654    
Operating lease liabilities, non-current (including amounts of the consolidated VIEs without resource to the primary beneficiary of RMB66,387 and RMB361,502 as of December 31, 2019 and 2020, respectively) 1,542,895 709,998    
Finance lease and other financing obligations, non-current (including amounts of the consolidated VIEs without resource to the primary beneficiary of RMB921,965 and RMB982,209 as of December 31, 2019 and 2020, respectively) 8,097,881 4,751,121    
Deferred tax liabilities (including amounts of the consolidated VIEs without resource to the primary beneficiary of RMB76,297 and RMB91,036 as of December 31, 2019 and 2020, respectively) 462,007 252,672    
Other long-term liabilities (including amounts of the consolidated VIEs without resource to the primary beneficiary of RMB29,950 and RMB34,281 as of December 31, 2019 and 2020, respectively) 349,257 345,537    
Total liabilities 30,591,073 20,136,969    
Mezzanine Equity        
Redeemable preferred shares (US$0.00005 par value; 150,000 shares authorized, issued and outstanding as of December 31, 2019 and December 31, 2020, respectively; Redemption value of RMB1,061,981 and RMB980,910 as of December 31, 2019 and December 31, 2020, respectively; Liquidation value of RMB1,537,636 and RMB2,576,578 as of December 31, 2019 and December 31, 2020, respectively) 980,910 1,061,981    
Redeemable non-controlling interests 120,820      
Total mezzanine equity 1,101,730 1,061,981    
Shareholders' Equity        
Ordinary shares (US$0.00005 par value; 2,002,000,000 authorized; 1,148,842,379 and 1,427,590,059 Class A ordinary shares issued and outstanding as of December 31, 2019 and 2020, respectively; 67,590,336 Class B ordinary shares issued and outstanding as of December 31, 2019 and 2020, respectively) 507 412    
Additional paid-in capital 28,728,717 12,403,043    
Accumulated other comprehensive loss (439,635) (52,684)    
Accumulated deficit (2,723,597) (2,057,190)    
Total shareholders' equity 25,565,992 10,293,581 ¥ 5,521,925 ¥ 4,475,512
Commitments and contingencies    
Total liabilities, mezzanine equity and shareholders' equity ¥ 57,258,795 ¥ 31,492,531