v3.26.1
Accounts Receivable, Net (Tables)
12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
Schedule of Accounts Receivable and Allowance for Doubtful Accounts

Accounts receivable and allowance for credit losses consist of the following:

 

 

As of December 31,

 

 

2024

 

 

2025

 

 

RMB

 

 

RMB

 

 

US$

 

 

(in thousands)

 

Accounts receivable (Note)

 

 

1,555,668

 

 

 

1,744,307

 

 

 

249,433

 

Allowance for credit losses

 

 

(196,819

)

 

 

(222,960

)

 

 

(31,883

)

 

 

 

1,358,849

 

 

 

1,521,347

 

 

 

217,550

 

Schedule of Analysis of Allowance for Doubtful Accounts

The movements in the allowance for credit losses were as follows:

 

 

 

 

 

Year ended December 31,

 

 

2023

 

 

2024

 

 

2025

 

 

RMB

 

 

RMB

 

 

RMB

 

 

US$

 

 

(in thousands)

 

Beginning balance

 

 

185,755

 

 

 

161,022

 

 

 

196,819

 

 

 

28,146

 

Additions charged to current expected credit loss

 

 

20,557

 

 

 

40,059

 

 

 

36,282

 

 

 

5,188

 

Reversal

 

 

(42,660

)

 

 

(4,262

)

 

 

(3,615

)

 

 

(518

)

Write off

 

 

(2,630

)

 

 

—

 

 

 

(6,526

)

 

 

(933

)

Ending balance

 

 

161,022

 

 

 

196,819

 

 

 

222,960

 

 

 

31,883