XML 68 R45.htm IDEA: XBRL DOCUMENT v3.24.1.u1

TAXATION (Tables)

12 Months Ended

Dec. 31, 2023

TAXATION

Schedule of income before income tax, domestic and foreign

​

​	​	​	​	​	​	​	​	​
​	​	For the year ended December 31
​		2021		2022		2023		2023
​	​	RMB	​	RMB	​	RMB	​	US$
Mainland China		(1,646,607)	​	(2,475,677)		(2,139,795)		(301,384)
Non-Mainland China		70,592	​	(188,238)		(25,893)		(3,646)
​		(1,576,015)	​	(2,663,915)		(2,165,688)		(305,030)

Schedule of current and deferred components of income tax expense (benefit)

​

​	​	​	​	​	​	​	​	​
​	​	For the year ended December 31
​		2021		2022		2023		2023
​	​	RMB	​	RMB	​	RMB	​	US$
Current income tax expense		27,593	​	59,668		42,446	​	5,978
Deferred income tax benefit		(11,852)	​	(35,195)		(24,487)	​	(3,449)
​		15,741	​	24,473		17,959	​	2,529

Schedule of effective income tax expense reconciliation

​

​	​	​	​	​	​	​	​	​
​	​	For the year ended December 31
​		2021		2022		2023		2023
​	​	RMB	​	RMB	​	RMB	​	US$
Loss before income tax		(1,576,015)		(2,663,915)		(2,165,688)	​	(305,030)
Income tax computed at the mainland China statutory tax rate of 25%	​	(394,004)		(665,978)		(541,422)	​	(76,258)
Effect of tax holiday and preferential tax rates		7,083		52,651		110,393	​	15,549
Effect of different tax rates in different jurisdictions		(1,681)		58,266		21,918	​	3,087
Other non-taxable income		(24,999)		(28,993)		(26,008)	​	(3,663)
Non-deductible expenses		36,719		5,727		6,379	​	898
Share-based compensation costs		108,588		90,015		45,411	​	6,396
Research and development super deduction		(146,639)		(64,718)		(132,163)	​	(18,615)
Withholding tax and others		9,552		10,785		9,771	​	1,376
Change in valuation allowance		434,056		525,169		397,137	​	55,936
True-up adjustments in respect of prior year’s annual tax filing		(3,474)		(15,195)		49,940	​	7,034
Expiration of tax loss forward	​	—	​	124,555	​	83,300	​	11,733
Tax rate change on deferred items		(9,460)		(67,811)		(6,697)	​	(944)
Income tax expense		15,741		24,473		17,959	​	2,529

Schedule of deferred tax assets and liabilities

​

​	​	​	​	​	​	​
​	​	As at December 31
​		2022		2023		2023
​	​	RMB	​	RMB	​	US$
Deferred tax assets:	​
Tax loss carried forward	​	2,318,161		2,447,162	​	344,676
Accrued expenses	​	84,428		91,794	​	12,929
Depreciation	​	17,073		19,095	​	2,689
Allowance for doubtful accounts	​	85,666		185,467	​	26,122
Government grant	​	5,779		21,808	​	3,072
Operating lease liabilities	​	57,828		28,405	​	4,001
Accrued interest	​	197,767		215,659	​	30,375
Finance lease liabilities	​	47,505	​	80,286	​	11,308
Impairment of long-lived assets	​	—	​	129,036	​	18,174
Others	​	8,241		11,557	​	1,628
Less: valuation allowance	​	(2,415,627)		(2,809,601)	​	(395,724)
​		406,821		420,668	​	59,250
Deferred tax liabilities:	​	​		​	​	​
Operating lease right-of-use assets	​	46,367		25,464	​	3,587
One-time deduction for fixed asset purchases	​	231,532		292,141	​	41,147
Long-lived assets arising from acquisition	​	238,672		204,032	​	28,737
Finance lease right-of-use assets	​	41,530	​	17,452	​	2,458
Others	​	15,772		24,144	​	3,401
​		573,873		563,233	​	79,330
​	​	​	​	​	​	​
Net deferred tax liabilities：	​	167,052	​	142,565	​	20,080

Summary of unrecognized tax benefit

​

​	​	​	​	​	​	​
​	​	As at December 31
​	​	2022	​	2023	​	2023
​		RMB		RMB		US$
Balance at beginning of the year		59,049		58,718	​	8,270
Additions from the business acquisitions		—		—	​	—
Additions based on tax position related to current year		15,894		9,449	​	1,331
Additions based on tax positions related to prior year	​	22,462	​	4,652	​	655
Reductions for tax positions related to prior years	​	(38,687)	​	(11,789)	​	(1,660)
Balance at end of the year		58,718		61,030	​	8,596

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 income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 9
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-9

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
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
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-2

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-12

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(1)(Note 1))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

+ Details

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

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 217
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482663/740-10-55-217

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-15A

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration