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Lease
12 Months Ended
Dec. 31, 2022
Lease  
Lease

12. Lease

As a lessee:

Operating lease assets primarily represents various facilities under non-cancelable operating leases expiring within one to ten years. Lease costs are included in either selling or general and administrative expenses depending on the use of the underlying asset. Operating lease expenses, including the short-term lease cost which was immaterial, were RMB102,321 and RMB98,943 for the years ended December 31, 2021 and 2022, respectively. Cash payments against operating lease liabilities were RMB99,064 and RMB93,610 for the years ended December 31, 2021 and 2022, respectively.

Supplemental consolidated balance sheet information related to leases was as follows:

As of December 31, 

(Amount in Thousands)

    

2021

    

2022

    

2022

RMB

RMB

US$

Operating leases:

Operating lease right-of-use assets

223,652

 

168,192

 

24,386

Current portion of lease liabilities

91,288

 

84,358

 

12,231

Non-current portion of lease liabilities

130,956

 

83,171

 

12,059

Total operating lease liabilities

222,244

 

167,529

 

24,290

Weighted average remaining lease term (years)

2.85

 

2.32

 

Weighted average discount rate

4.38

%

4.55

%  

The maturities of operating lease liabilities for the next five years and thereafter as of December 31, 2021 and 2022, are as follows:

    

As of December 31, 

(Amount in Thousands)

2021

2022

2022

    

RMB

    

RMB

US$

Within 1 year

 

95,288

 

88,780

12,872

Between 1 and 2 years

 

75,197

 

65,378

9,479

Between 2 and 3 years

 

48,288

 

18,153

2,632

Between 3 and 4 years

 

14,459

 

3,845

557

Between 4 and 5 years

 

324

 

817

118

Total lease payment

 

233,556

 

176,973

25,658

Less imputed interest

 

(11,312)

 

(9,444)

(1,368)

Total

 

222,244

 

167,529

24,290