v3.26.1
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Lessee Disclosure [Abstract]  
Summary of Components of Lease Costs

The components of lease costs were as follows:

 

 

 

For the year ended December 31,

 

 

 

2023

 

 

2024

 

 

2025

 

 

2025

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

US$

 

 

 

(In thousands)

 

Operating lease costs(i)

 

 

117,641

 

 

 

108,943

 

 

 

91,520

 

 

 

13,087

 

 

(i)
Excludes short-term lease contract costs of RMB274.0 million, RMB218.0 million and RMB194.7 million (US$27.8 million) for the years ended December 31, 2023, 2024 and 2025, respectively.
Supplemental Cash Flow Information related to Operating Leases

Supplemental cash flow information related to operating leases was as follows:

 

 

 

For the year ended December 31,

 

 

 

2023

 

 

2024

 

 

2025

 

 

2025

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

US$

 

 

 

(In thousands)

 

Cash payments for operating leases included in the measurement of operating lease liabilities

 

 

110,206

 

 

 

102,214

 

 

 

109,738

 

 

 

15,692

 

Operating leases assets obtained in exchange for operating lease obligations

 

 

91,025

 

 

 

10,296

 

 

 

20,011

 

 

 

2,862

 

Summary of Future Lease Payments under Lease Liabilities

Future lease payments under lease liabilities as of December 31, 2025 were as follows:

 

 

 

Operating leases

 

 

 

RMB

 

 

US$

 

 

 

(In thousands)

 

Year ending December 31,

 

 

 

 

 

 

2026

 

 

85,987

 

 

 

12,296

 

2027

 

 

78,632

 

 

 

11,244

 

2028

 

 

74,696

 

 

 

10,681

 

2029

 

 

63,633

 

 

 

9,099

 

2030

 

 

63,326

 

 

 

9,055

 

Thereafter

 

 

130,728

 

 

 

18,694

 

Total future lease payments

 

 

497,002

 

 

 

71,069

 

Less: Imputed interest

 

 

(72,572

)

 

 

(10,376

)

Total lease liability balance

 

 

424,430

 

 

 

60,693