v3.26.1
Prepayments and Other Assets - Components of Current and Non-Current Portions of Prepayments and Other Assets (Details)
¥ in Thousands, $ in Thousands
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Oct. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
CNY (¥)
Current portion:            
Contract assets ¥ 1,342,276 $ 191,943   ¥ 1,203,612    
VAT prepayments 400,499 57,271   355,307    
Prepaid licensed copyrights 680 97   37,326    
Receivables from online payment agencies 446,276 63,817   451,174    
Advances to suppliers 46,863 6,701   43,291    
Others 123,188 17,615   102,218    
Prepayments and other assets, current 2,406,222 344,085   2,192,928    
Non-current portion:            
Prepaid licensed copyrights 3,506,742 501,457   2,288,526    
Licensed copyrights prepaid assets 396,284 56,668   495,842    
Long-term restricted cash 340 49   60,652   ¥ 839,963
Others 81,182 11,609   68,899    
Prepayments and other assets, noncurrent 8,458,312 1,209,523   2,913,919    
PAG            
Current portion:            
Loan due from PAG 46,440 6,641 $ 114,100 0 $ 522,500  
Non-current portion:            
Loan due from PAG ¥ 4,473,764 $ 639,740   ¥ 0