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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of the amount of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets to the total of the same such amounts shown in the consolidated statements of cash flows:

		As of December 31,
		2019				2020				2021
		RMB				RMB				RMB				US$
Amounts shown in Consolidated Balance Sheets:
Cash and cash equivalents			1,988,298				1,751,222				4,236,501				664,799
Restricted cash			5,200				17,926				95,055				14,916
Total cash, cash equivalents and restricted cash as shown in Consolidated Statements of Cash Flows			1,993,498				1,769,148				4,331,556				679,715

Schedule of Estimated Useful Life of Property and Equipment

Property and equipment are stated at cost and are depreciated using the straight-line method over the estimated useful lives of the assets, as follows:

Category		Estimated useful life
Electronic equipment			3 – 5 years
Office equipment			3 – 5 years
Motor vehicles			4 – 5 years
Software			3 – 5 years
Leasehold improvements			Shorter of lease term or the estimated useful lives of the assets

Schedule of Estimated Useful Life of Intangible Assets

The estimated useful life for the intangible assets is as follows:

Category		Estimated useful life
Technologies			5 years
Trademarks			3-15 years
Customer relationship			5 years
Websites			4 years
Domain names			4-10 years
Database			5 years
Licensing agreements			1.75 years
Insurance brokerage license			4 years

Lease, Cost

Lease cost recognized in the Company’s consolidated statements of comprehensive income is summarized as follows:

						Year ended December 31,
		2019				2020				2021
		RMB				RMB				RMB				US$
Operating lease cost			128,507				117,479				131,529				20,640
Cost of other leases with terms less than one year			64,163				96,065				99,923				15,680

Lessee, Operating Lease, Liability, Maturity

Maturities of operating lease liabilities as of December 31, 2021 are as follows:

		Amounts
		RMB				US$
2021			—				—
2022			97,954				15,371
2023			26,846				4,213
2024			5,917				929
2025			491				77
Total lease payments			131,208				20,590
Less imputed interest			(6,429	)			(1,008	)
Total			124,779				19,582

Schedule of Operating Lease in its Unaudited Consolidated Balance Sheet

As of December 31, 2020 and 2021, the Company recognized the following items related to operating lease in its consolidated balance sheets.

		As of December 31,
		2020				2021
		RMB				RMB				US$
Operating lease ROU assets			209,339				133,383				20,931
Operating lease liabilities, current portion			112,094				96,160				15,090
Operating lease liabilities, non-current portion			90,614				28,619				4,492

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+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
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-Name Accounting Standards Codification
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