iQIYI, Inc(NASDAQ:IQ)

iQIYI, Inc., together with its subsidiaries, provides online entertainment services under the iQIYI brand in the People's Republic of China. The company offers various products and services comprising internet video, online games, live broadcasting, online literature, animations, e-commerce, and soc...
Website: http://www.iqiyi.com
Founded: 2010
Full Time Employees: 8,889
CEO: Gong Yu
Sector: Communication Services
Industry: Internet Content & Information
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At a glance:
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Quarterly
Annual
| Unit: USD | 2025-11-18 | 2025-08-20 | 2025-05-21 | 2025-02-18 | 2024-12-31 | 2024-11-21 | 2024-09-30 | 2024-08-23 | 2024-05-17 | 2024-02-29 | 2023-12-31 | 2023-11-22 | 2023-08-22 | 2023-05-16 | 2023-02-22 | 2022-12-31 | 2022-11-22 | 2022-09-30 | 2022-08-30 | 2022-05-27 | 2022-03-02 | 2021-12-31 | 2021-11-17 | 2021-08-13 | 2021-05-19 | 2021-02-18 | 2020-12-31 | 2020-11-17 | 2020-09-30 | 2020-08-14 | 2020-05-19 | 2020-02-28 | 2019-12-31 | 2019-08-21 | 2019-05-20 | 2019-02-22 | 2018-12-31 | 2018-11-28 | 2018-10-31 | 2018-08-02 | 2018-04-27 |
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revenues: | |||||||||||||||||||||||||||||||||||||||||
membership services | 4,090,126,000 | 4,399,010,000 | 4,399,010,000 | 4,365,955,000 | 4,495,310,000 | 4,798,861,000 | 4,798,861,000 | 5,011,617,000 | 4,946,567,000 | 5,547,305,000 | 5,547,305,000 | 4,210,722,000 | 4,285,071,000 | 12,967,268,000 | 4,471,475,000 | 4,471,475,000 | 4,288,215,000 | 3,992,956,000 | 4,311,804,000 | 4,311,804,000 | 3,975,514,000 | 4,045,968,000 | 4,634,347,000 | 4,634,347,000 | 3,716,861,000 | 3,445,343,000 | 3,445,343,000 | 2,852,329,000 | 1,855,447,000 | 7,421,788,000 | 2,474,474,000 | 2,094,985,000 | 2,094,985,000 | ||||||||
online advertising services | 1,272,198,000 | 1,327,827,000 | 1,327,827,000 | 1,336,932,000 | 1,461,367,000 | 1,482,052,000 | 1,482,052,000 | 1,674,260,000 | 1,495,378,000 | 1,403,752,000 | 1,403,752,000 | 1,247,114,000 | 1,193,809,000 | 3,778,222,000 | 1,337,299,000 | 1,337,299,000 | 1,660,332,000 | 1,825,333,000 | 1,916,584,000 | 1,916,584,000 | 1,840,231,000 | 1,586,083,000 | 1,536,770,000 | 1,536,770,000 | 2,067,385,000 | 2,119,433,000 | 2,119,433,000 | 2,396,247,000 | 1,781,106,000 | 7,124,424,000 | 2,617,507,000 | 2,110,670,000 | 2,110,670,000 | ||||||||
content distribution | 436,578,000 | 628,743,000 | 628,743,000 | 814,028,000 | 698,175,000 | 928,009,000 | 928,009,000 | 537,058,000 | 553,319,000 | 727,262,000 | 727,262,000 | 729,698,000 | 479,261,000 | 1,835,075,000 | 626,116,000 | 626,116,000 | 627,134,000 | 687,891,000 | 779,058,000 | 779,058,000 | 392,338,000 | 860,629,000 | 602,772,000 | 602,772,000 | 680,377,000 | 467,861,000 | 442,620,000 | 834,576,000 | 410,151,250 | 1,640,605,000 | 539,359,000 | 266,670,000 | 266,670,000 | ||||||||
others | 829,346,000 | 830,889,000 | 830,889,000 | 728,766,000 | 783,933,000 | 5,811 | 718,433,000 | 718,433,000 | 792,144,000 | 807,033,000 | 670,488,000 | 670,488,000 | 1,283,547,000 | 698,408,000 | 2,824,124,000 | 842,169,000 | 842,169,000 | 1,013,423,000 | 1,102,094,000 | 960,977,000 | 960,977,000 | 979,609,000 | 918,897,000 | 7,695 | 875,877,000 | 875,877,000 | 932,311,000 | 957,282,000 | 982,523,000 | 831,106,000 | 443,744,250 | 1,774,977,000 | 538,891,000 | 404,980,000 | 404,980,000 | ||||||
total revenues | 6,628,248,000 | 7,186,469,000 | 7,186,469,000 | 7,245,681,000 | 7,438,785,000 | 7,927,355,000 | 7,927,355,000 | 8,015,079,000 | 7,802,297,000 | 8,348,807,000 | 8,348,807,000 | 7,471,081,000 | 6,656,549,000 | 21,404,689,000 | 7,277,059,000 | 7,277,059,000 | 7,589,104,000 | 7,608,274,000 | 7,968,423,000 | 7,968,423,000 | 7,187,692,000 | 7,411,577,000 | 7,649,766,000 | 7,649,766,000 | 7,396,934,000 | 6,989,919,000 | 6,989,919,000 | 6,914,258,000 | 4,490,448,500 | 17,961,794,000 | 6,170,231,000 | 4,877,305,000 | 4,877,305,000 | ||||||||
yoy | -3.39% | -8.60% | -7.19% | 1.60% | -5.05% | -4.00% | 25.42% | -61.00% | 2.67% | -12.29% | -4.35% | -8.68% | -4.76% | 7.51% | -6.04% | 0.20% | 9.44% | 9.44% | 6.98% | -61.08% | 13.28% | 41.76% | -7.93% | ||||||||||||||||||
qoq | -7.77% | 0.00% | -0.82% | 0.00% | -1.09% | -6.55% | 0.00% | 11.75% | -68.90% | 194.14% | 0.00% | -4.11% | -4.52% | 0.00% | 10.86% | 0.00% | 3.42% | 0.00% | 1.09% | 53.98% | -75.00% | 191.10% | 26.51% | 0.00% | |||||||||||||||||
operating costs and expenses: | |||||||||||||||||||||||||||||||||||||||||
cost of revenues | -5,292,894,000 | -5,406,341,000 | -5,406,341,000 | -5,649,836,000 | -5,678,342,000 | -5,631,239,000 | -5,631,239,000 | -5,839,540,000 | -5,773,867,000 | -5,956,003,000 | -5,956,003,000 | -5,705,260,000 | -5,247,959,000 | -16,917,072,000 | -5,963,853,000 | -5,963,853,000 | -7,027,681,000 | -6,868,868,000 | -7,109,394,000 | -7,109,394,000 | -6,363,438,000 | -6,833,586,000 | -7,902,864,000 | -7,902,864,000 | -8,175,751,000 | -7,277,196,000 | -7,277,196,000 | -7,655,102,000 | -4,652,512,500 | -18,610,050,000 | -6,106,729,000 | -4,848,219,000 | -4,848,219,000 | ||||||||
selling, general and administrative | -959,604,000 | -1,025,742,000 | -1,025,742,000 | -907,885,000 | -969,673,000 | -922,035,000 | -922,035,000 | -981,409,000 | -979,000,000 | -1,105,855,000 | -1,105,855,000 | -980,293,000 | -800,602,000 | -2,525,676,000 | -744,781,000 | -744,781,000 | -1,246,334,000 | -1,184,736,000 | -1,200,984,000 | -1,200,984,000 | -1,363,935,000 | -1,195,632,000 | -1,310,603,000 | -1,310,603,000 | -1,349,543,000 | -1,140,611,000 | -1,140,611,000 | -1,292,037,000 | 2,946,159,747 | -2,946,208,000 | -949,934,000 | -704,237,000 | -704,237,000 | ||||||||
research and development | -421,918,000 | -412,489,000 | -412,489,000 | -449,039,000 | -448,677,000 | -429,328,000 | -429,328,000 | -447,383,000 | -439,038,000 | -428,318,000 | -428,318,000 | -475,863,000 | -482,201,000 | -1,433,076,000 | -475,012,000 | -475,012,000 | -683,047,000 | -676,481,000 | -672,256,000 | -672,256,000 | -669,933,000 | -664,045,000 | -678,135,000 | -678,135,000 | -703,211,000 | -598,072,000 | -598,072,000 | -558,373,000 | -346,796,000 | -1,387,184,000 | -441,482,000 | -387,329,000 | -387,329,000 | ||||||||
total operating costs and expenses | -6,674,416,000 | -6,844,572,000 | -6,844,572,000 | -7,006,760,000 | -7,096,692,000 | -6,982,602,000 | -6,982,602,000 | -7,268,332,000 | -7,191,905,000 | -7,490,176,000 | -7,490,176,000 | -7,161,416,000 | -6,530,762,000 | -20,875,824,000 | -7,183,646,000 | -7,183,646,000 | -8,957,062,000 | -8,730,085,000 | -8,982,634,000 | -8,982,634,000 | -8,397,306,000 | -8,693,263,000 | -9,891,602,000 | -9,891,602,000 | -10,228,505,000 | -9,015,879,000 | -9,015,879,000 | -9,505,512,000 | -5,735,860,500 | -22,943,442,000 | -7,498,145,000 | -5,939,785,000 | -5,939,785,000 | ||||||||
operating income | -46,168,000 | 341,897,000 | 341,897,000 | 238,921,000 | 342,093,000 | 944,753,000 | 944,753,000 | 746,747,000 | 610,392,000 | 858,631,000 | 858,631,000 | 309,665,000 | 528,865,000 | 93,413,000 | 93,413,000 | -1,367,958,000 | -1,121,811,000 | -1,014,211,000 | -1,014,211,000 | -1,209,614,000 | -1,281,686,000 | -2,241,836,000 | -2,241,836,000 | -2,831,571,000 | -2,025,960,000 | -2,025,960,000 | -2,591,254,000 | -1,245,412,000 | -4,981,648,000 | -1,327,914,000 | -1,062,480,000 | -1,062,480,000 | |||||||||
yoy | -0.06% | -74.71% | -54.19% | 54.78% | 10.03% | -13.03% | 62.35% | 231.50% | -108.33% | -109.21% | 34.88% | -20.87% | -46.04% | -54.74% | 10.66% | 10.66% | 9.27% | -59.33% | 52.57% | 143.89% | 17.22% | ||||||||||||||||||||
qoq | -113.50% | 0.00% | 43.10% | 0.00% | 26.52% | -28.91% | 0.00% | 177.28% | 466.16% | 0.00% | -106.83% | 10.61% | 0.00% | -16.15% | 0.00% | -20.83% | 0.00% | -21.82% | 108.06% | -75.00% | 275.15% | 24.98% | 0.00% | ||||||||||||||||||
operating margin % | -0.70% | 4.76% | 4.76% | 3.30% | NaN% | 4.60% | NaN% | 11.92% | 11.92% | 9.32% | NaN% | 7.82% | 10.28% | 10.28% | 4.14% | NaN% | 0% | 2.47% | 1.28% | 1.28% | -18.03% | NaN% | -14.74% | -12.73% | -12.73% | -16.83% | NaN% | -17.29% | NaN% | -29.31% | -29.31% | -38.28% | NaN% | -28.98% | -28.98% | -37.48% | -27.73% | -27.73% | -21.52% | -21.78% | -21.78% |
other income: | |||||||||||||||||||||||||||||||||||||||||
interest income | 87,779,000 | 78,756,000 | 78,756,000 | 69,044,000 | 68,688,000 | 58,740,000 | 58,740,000 | 45,219,000 | 52,196,000 | 104,986,000 | 104,986,000 | 18,631,000 | 15,707,000 | 8,947,000 | 8,947,000 | 35,979,000 | 29,231,000 | 28,569,000 | 28,569,000 | 34,049,000 | 44,425,000 | 56,594,000 | 56,594,000 | 116,494,000 | 65,097,000 | 65,097,000 | 65,603,000 | -95,683,640 | 95,944,000 | 25,615,000 | 4,726,000 | 4,726,000 | |||||||||
interest expenses | -235,267,000 | -233,429,000 | -256,440,000 | -288,162,000 | -282,135,000 | -282,135,000 | -281,528,000 | -278,521,000 | -285,964,000 | -285,964,000 | -181,641,000 | -181,907,000 | -175,515,000 | -175,515,000 | -351,293,000 | -343,124,000 | -330,585,000 | -330,585,000 | -269,311,000 | -265,656,000 | -262,030,000 | -262,030,000 | -254,435,000 | -135,247,000 | -135,247,000 | -15,586,000 | 33,447,450 | -33,473,000 | -9,562,000 | -8,325,000 | -8,325,000 | ||||||||||
foreign exchange gain | 100,811,000 | 41,889,000 | 41,889,000 | 296,030,000 | -51,338,000 | -31,551,000 | -38,084,000 | 36,982,000 | 36,982,000 | -79,768,000 | -9,017,000 | -9,017,000 | 4,462,000 | 35,404,000 | -312,422,000 | -656,105,000 | 328,035,000 | 328,035,000 | -593,147,000 | -777,968,000 | 474,155,000 | 474,155,000 | |||||||||||||||||||
share of gains from equity method investments | -1,086,000 | -3,617,000 | -3,617,000 | 4,627,000 | |||||||||||||||||||||||||||||||||||||
total other income | -61,897,000 | 8,394,000 | -240,436,000 | -208,243,000 | 97,333,000 | 97,333,000 | -330,489,000 | -222,439,000 | -628,507,000 | -628,507,000 | -826,781,000 | 211,126,000 | 211,126,000 | -539,401,000 | -768,279,000 | 666,237,000 | 666,237,000 | ||||||||||||||||||||||||
income before income taxes | -108,065,000 | 227,220,000 | 227,220,000 | 247,315,000 | 101,657,000 | 683,462,000 | 683,462,000 | 492,511,000 | 375,792,000 | 650,388,000 | 650,388,000 | -352,375,000 | -165,198,000 | 190,746,000 | 190,746,000 | -1,698,447,000 | -1,348,250,000 | -1,236,650,000 | -1,236,650,000 | -1,142,592,000 | -1,422,534,000 | -2,870,343,000 | -2,870,343,000 | -3,658,352,000 | -1,814,834,000 | -1,814,834,000 | -3,130,655,000 | -1,405,772,750 | -5,623,091,000 | -2,096,193,000 | -396,243,000 | -396,243,000 | |||||||||
income tax expense | -27,155,000 | -41,590,000 | -41,590,000 | -11,483,000 | -25,741,000 | -17,633,000 | -17,633,000 | -7,930,000 | -24,632,000 | -36,204,000 | -16,882,000 | -16,882,000 | -30,418,000 | -20,613,000 | -15,926,000 | -4,841,000 | -4,841,000 | -16,047,000 | -7,443,000 | -7,443,000 | -509,000 | ||||||||||||||||||||
net income | -135,220,000 | 185,630,000 | 185,630,000 | 235,832,000 | 75,916,000 | 665,829,000 | 665,829,000 | 483,499,000 | 367,862,000 | 625,756,000 | 625,756,000 | -394,876,000 | -201,402,000 | 173,864,000 | 173,864,000 | -1,707,425,000 | -1,378,668,000 | -1,257,263,000 | -1,257,263,000 | -1,161,438,000 | -1,438,460,000 | -2,875,184,000 | -2,875,184,000 | -3,674,399,000 | -1,822,277,000 | -1,822,277,000 | -3,124,597,000 | 5,613,290,224 | -5,622,400,000 | -2,101,051,000 | -396,752,000 | -396,752,000 | |||||||||
yoy | 144.52% | -64.58% | -84.30% | 81.00% | 6.40% | -22.73% | -410.70% | -327.12% | -88.20% | -112.61% | -113.83% | 35.80% | -12.60% | -59.60% | -60.85% | 57.78% | 57.78% | 17.60% | -67.59% | -13.27% | 687.54% | -1514.81% | |||||||||||||||||||
qoq | -172.84% | 0.00% | -21.29% | 0.00% | 37.71% | -41.21% | 0.00% | -258.47% | 0.00% | -110.18% | 9.66% | 0.00% | 8.25% | 0.00% | -21.75% | 0.00% | -41.68% | -155.66% | -199.84% | 167.60% | 429.56% | 0.00% | |||||||||||||||||||
net income margin % | -2.04% | 2.58% | 2.58% | 3.25% | NaN% | 1.02% | NaN% | 8.40% | 8.40% | 6.03% | NaN% | 4.71% | 7.50% | 7.50% | -5.29% | NaN% | -3.03% | 0% | 2.39% | 2.39% | -22.50% | NaN% | -18.12% | -15.78% | -15.78% | -16.16% | NaN% | -19.41% | NaN% | -37.59% | -37.59% | -49.67% | NaN% | -26.07% | -26.07% | -45.19% | 125.01% | -31.30% | -34.05% | -8.13% | -8.13% |
less: net income attributable to noncontrolling interests | -1,512,000 | 3,485,000 | 3,485,000 | 6,420,000 | 7,231,000 | 10,512,000 | 10,512,000 | 7,579,000 | 2,655,000 | 7,647,000 | 7,647,000 | 693,000 | 12,593,000 | 4,771,000 | 4,771,000 | 22,135,000 | 18,559,000 | 9,747,000 | 12,850,000 | 3,357,000 | -542,000 | 13,724,000 | -8,301,000 | 15,836,000 | -4,120,000 | ||||||||||||||||
net income attributable to iqiyi, inc. | -133,708,000 | 182,145,000 | 182,145,000 | 229,412,000 | 68,685,000 | 522,402 | 655,317,000 | 655,317,000 | 475,920,000 | 365,207,000 | 618,109,000 | 618,109,000 | -395,569,000 | -213,995,000 | 169,093,000 | 169,093,000 | -1,729,560,000 | -1,397,227,000 | -1,267,010,000 | -1,267,010,000 | -1,174,288,000 | -1,441,817,000 | -2,874,642,000 | ||||||||||||||||||
net income attributable to ordinary shareholders | -133,708,000 | 182,145,000 | 182,145,000 | 229,412,000 | 68,685,000 | 655,317,000 | 655,317,000 | 475,920,000 | 365,207,000 | 618,109,000 | 618,109,000 | -395,569,000 | -213,995,000 | 169,093,000 | 169,093,000 | -1,734,329,000 | -1,401,570,000 | -1,270,204,000 | -1,270,204,000 | -1,176,084,000 | -1,443,564,000 | -2,876,359,000 | -3,140,433,000 | -685,056,000 | |||||||||||||||||
net income per share | -1.07 | ||||||||||||||||||||||||||||||||||||||||
basic | -0.02 | 0.03 | 0.03 | 0.03 | 0.01 | 0.1 | 0.1 | 0.07 | 0.05 | 0.09 | 0.09 | -0.07 | -0.04 | 0.03 | 0.03 | -0.31 | -0.25 | -0.23 | -0.23 | -0.23 | -0.28 | -0.56 | -0.56 | -0.72 | -0.36 | -0.43 | -1.97 | ||||||||||||||
diluted | -0.02 | 0.03 | 0.03 | 0.03 | 0.01 | 0.1 | 0.1 | 0.07 | 0.05 | 0.09 | 0.09 | -0.07 | -0.04 | 0.03 | 0.03 | -0.31 | -0.25 | -0.23 | -0.23 | -0.23 | -0.28 | -0.56 | -0.56 | -0.72 | -0.36 | -0.43 | -1.97 | ||||||||||||||
net income per ads | |||||||||||||||||||||||||||||||||||||||||
weighted-average number of class a and class b ordinary shares used in net income per share computation: | |||||||||||||||||||||||||||||||||||||||||
basic | 6,743,563,754 | 6,740,810,595 | 6,740,810,595 | 6,737,281,504 | 6,725,978,497 | 6,717,652,924 | 6,717,652,924 | 6,712,002,812 | 6,704,546,096 | 6,569,658,687 | 6,569,658,687 | 6,081,974,163 | 6,074,616,616 | 5,706,290,530 | 5,706,290,530 | 5,590,418,635 | 5,526,721,856 | 5,526,721,856 | 5,182,686,302 | 5,151,499,718 | 5,137,428,818 | 5,137,428,818 | 5,109,395,926 | 5,083,030,810 | 5,083,030,810 | 5,058,650,574 | 4,931,100,562 | 347,381,732 | |||||||||||||
diluted | 6,743,563,754 | 6,780,303,294 | 6,780,303,294 | 6,779,359,665 | 6,857,915,450 | 6,788,073,126 | 6,788,073,126 | 6,850,839,094 | 6,851,986,558 | 6,754,965,091 | 6,754,965,091 | 6,081,974,163 | 6,074,616,616 | 5,742,801,024 | 5,742,801,024 | 5,590,418,635 | 5,526,721,856 | 5,526,721,856 | 5,182,686,302 | 5,151,499,718 | 5,137,428,818 | 5,137,428,818 | 5,109,395,926 | 5,083,030,810 | 5,083,030,810 | 5,058,650,574 | 4,931,100,562 | 347,381,732 | |||||||||||||
other income/ | |||||||||||||||||||||||||||||||||||||||||
total other expense | -114,677,000 | -114,677,000 | -261,291,000 | -261,291,000 | -254,236,000 | -234,600,000 | -208,243,000 | -662,040,000 | |||||||||||||||||||||||||||||||||
interest expense | -233,429,000 | ||||||||||||||||||||||||||||||||||||||||
gain from equity method investments | -2,100,000 | 13,514,000 | 13,514,000 | 1,355,000 | 33,789,000 | -85,109,000 | -99,000 | ||||||||||||||||||||||||||||||||||
earnings per share—basic: | |||||||||||||||||||||||||||||||||||||||||
numerator | |||||||||||||||||||||||||||||||||||||||||
numerator used for basic earnings per share | 522,402 | ||||||||||||||||||||||||||||||||||||||||
denominator | |||||||||||||||||||||||||||||||||||||||||
weighted-average number of ordinary shares outstanding | 3,685,911,326 | ||||||||||||||||||||||||||||||||||||||||
denominator used for basic earnings per share | 3,685,911,326 | ||||||||||||||||||||||||||||||||||||||||
earnings per share—basic | 0.14 | ||||||||||||||||||||||||||||||||||||||||
earnings per share—diluted: | |||||||||||||||||||||||||||||||||||||||||
allocation of net income available to iqiyi, inc.'s ordinary shareholders | 527,560 | ||||||||||||||||||||||||||||||||||||||||
reallocation of net income available to iqiyi, inc.'s ordinary shareholders as a result of conversion of class b to class a shares | 425,854 | ||||||||||||||||||||||||||||||||||||||||
numerator used for diluted earnings per share | 953,414 | ||||||||||||||||||||||||||||||||||||||||
conversion of class b to class a ordinary shares | 3,041,097,278 | ||||||||||||||||||||||||||||||||||||||||
share-based awards | 81,478,439 | ||||||||||||||||||||||||||||||||||||||||
denominator used for diluted earnings per share | 6,808,487,043 | ||||||||||||||||||||||||||||||||||||||||
earnings per share—diluted | 0.14 | ||||||||||||||||||||||||||||||||||||||||
membership services revenue earned from memberships sold to baidu group | 10,516 | 1,753 | |||||||||||||||||||||||||||||||||||||||
online advertising revenues | |||||||||||||||||||||||||||||||||||||||||
advertising services provided to baidu group | 792 | 13,941 | |||||||||||||||||||||||||||||||||||||||
advertising services provided to others | 6,917 | 8,701 | |||||||||||||||||||||||||||||||||||||||
content distribution revenues | |||||||||||||||||||||||||||||||||||||||||
content licensed to others | 27,364 | 20,266 | |||||||||||||||||||||||||||||||||||||||
other revenues | |||||||||||||||||||||||||||||||||||||||||
loan due from pag | 10,523 | ||||||||||||||||||||||||||||||||||||||||
license fees to baidu group | 3,865 | 1,744 | |||||||||||||||||||||||||||||||||||||||
bandwidth and cloud services fee to baidu group | 62,753 | ||||||||||||||||||||||||||||||||||||||||
advertising services provided by baidu group | 13,112 | 114 | |||||||||||||||||||||||||||||||||||||||
foreign exchange loss | -31,551,000 | -114,992,000 | |||||||||||||||||||||||||||||||||||||||
income tax benefit | -9,012,000 | -24,632,000 | -42,501,000 | 6,058,000 | 172,750 | 691,000 | -4,858,000 | -509,000 | |||||||||||||||||||||||||||||||||
weighted-average number of class a and class b ordinary shares used in net loss per share computation: | |||||||||||||||||||||||||||||||||||||||||
basic | 6,743,563,754 | 6,740,810,595 | 6,740,810,595 | 6,737,281,504 | 6,725,978,497 | 6,717,652,924 | 6,717,652,924 | 6,712,002,812 | 6,704,546,096 | 6,569,658,687 | 6,569,658,687 | 6,081,974,163 | 6,074,616,616 | 5,706,290,530 | 5,706,290,530 | 5,590,418,635 | 5,526,721,856 | 5,526,721,856 | 5,182,686,302 | 5,151,499,718 | 5,137,428,818 | 5,137,428,818 | 5,109,395,926 | 5,083,030,810 | 5,083,030,810 | 5,058,650,574 | 4,931,100,562 | 347,381,732 | |||||||||||||
diluted | 6,743,563,754 | 6,780,303,294 | 6,780,303,294 | 6,779,359,665 | 6,857,915,450 | 6,788,073,126 | 6,788,073,126 | 6,850,839,094 | 6,851,986,558 | 6,754,965,091 | 6,754,965,091 | 6,081,974,163 | 6,074,616,616 | 5,742,801,024 | 5,742,801,024 | 5,590,418,635 | 5,526,721,856 | 5,526,721,856 | 5,182,686,302 | 5,151,499,718 | 5,137,428,818 | 5,137,428,818 | 5,109,395,926 | 5,083,030,810 | 5,083,030,810 | 5,058,650,574 | 4,931,100,562 | 347,381,732 | |||||||||||||
loss from equity method investments | -85,109,000 | -69,807,000 | -3,158,000 | -96,838,000 | -33,213,000 | -34,535,000 | -34,535,000 | -99,000 | |||||||||||||||||||||||||||||||||
other income | 20,862,000 | -349,455,000 | 81,389,000 | 478,000 | -12,224,000 | -12,224,000 | 3,683,000 | -194,023,378 | 193,995,000 | -5,468,000 | 195,780,000 | 195,780,000 | |||||||||||||||||||||||||||||
accretion of redeemable noncontrolling interests | -4,769,000 | -4,343,000 | -3,194,000 | -3,194,000 | -1,796,000 | -1,747,000 | -2,326,000 | -1,717,000 | -1,717,000 | ||||||||||||||||||||||||||||||||
operating (loss)/income | 125,787,000 | ||||||||||||||||||||||||||||||||||||||||
foreign exchange gain/(loss) | -98,101,000 | -13,193,000 | 265,572,000 | ||||||||||||||||||||||||||||||||||||||
share of losses from equity method investments | -93,690,000 | -3,158,000 | |||||||||||||||||||||||||||||||||||||||
total other incomes | -290,985,000 | -222,439,000 | |||||||||||||||||||||||||||||||||||||||
total other expenses | -160,360,750 | -641,443,000 | |||||||||||||||||||||||||||||||||||||||
net loss attributable to iqiyi, inc. | -2,428,380,000 | -2,874,642,000 | -3,688,123,000 | -1,813,976,000 | -1,813,976,000 | -3,140,433,000 | -1,408,264,250 | -5,633,057,000 | -2,096,931,000 | -395,693,000 | -395,693,000 | ||||||||||||||||||||||||||||||
net loss attributable to ordinary shareholders | -2,876,359,000 | -3,688,123,000 | -1,813,976,000 | -1,813,976,000 | -1,483,011,750 | -5,932,047,000 | -2,106,558,000 | -685,056,000 | |||||||||||||||||||||||||||||||||
net loss per class a and class b ordinary share: | |||||||||||||||||||||||||||||||||||||||||
basic | -360 | -620 | -427.5 | -1,710 | |||||||||||||||||||||||||||||||||||||
diluted | -360 | -620 | -427.5 | -1,710 | |||||||||||||||||||||||||||||||||||||
net loss per ads | |||||||||||||||||||||||||||||||||||||||||
basic | -3.92 | -5.04 | -2.52 | -2,520 | -4,340 | -2,992.5 | -11,970 | -3.01 | |||||||||||||||||||||||||||||||||
diluted | -3.92 | -5.04 | -2.52 | -2,520 | -4,340 | -2,992.5 | -11,970 | -3.01 | |||||||||||||||||||||||||||||||||
other comprehensive income: | |||||||||||||||||||||||||||||||||||||||||
foreign currency translation adjustments | 34,987 | 1,752,566 | |||||||||||||||||||||||||||||||||||||||
unrealized losses on available-for-sale debt securities | |||||||||||||||||||||||||||||||||||||||||
total other comprehensive income, net of tax | -979 | 1,787,799 | |||||||||||||||||||||||||||||||||||||||
comprehensive loss | -3,488,355 | -3,834,601 | |||||||||||||||||||||||||||||||||||||||
less: comprehensive income attributable to noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||
comprehensive loss attributable to iqiyi, inc. | |||||||||||||||||||||||||||||||||||||||||
income from equity method investments | -17,345,000 | -64,230,000 | -3,076,000 | -3,076,000 | -24,749,000 | -62,205,000 | -96,838,000 | 46,000 | -896,000 | ||||||||||||||||||||||||||||||||
other income/(expense) | -2,292,000 | ||||||||||||||||||||||||||||||||||||||||
income tax benefit/ | -8,978,000 | ||||||||||||||||||||||||||||||||||||||||
rmb | |||||||||||||||||||||||||||||||||||||||||
total other income/(expense) | -226,439,000 | 67,022,000 | |||||||||||||||||||||||||||||||||||||||
weighted-average number of class a and class b ordinary shares used in net income per share computation: | |||||||||||||||||||||||||||||||||||||||||
foreign exchange (loss)/gain | -13,193,000 | 61,199,000 | -312,422,000 | ||||||||||||||||||||||||||||||||||||||
income tax (expense)/benefit | -20,613,000 | -18,846,000 | |||||||||||||||||||||||||||||||||||||||
less: net (loss)/income attributable to noncontrolling interests | 9,747,000 | ||||||||||||||||||||||||||||||||||||||||
other (expense)/income | 61,461,000 | ||||||||||||||||||||||||||||||||||||||||
total other (expense)/income | -140,848,000 | ||||||||||||||||||||||||||||||||||||||||
numerator: | |||||||||||||||||||||||||||||||||||||||||
net loss attributable to iqiyi, inc.’s ordinary shareholders | -2,430,706,000 | ||||||||||||||||||||||||||||||||||||||||
denominator: | |||||||||||||||||||||||||||||||||||||||||
weighted-average number of ordinary shares outstanding, basic | 2,280,906,536,000 | ||||||||||||||||||||||||||||||||||||||||
weighted-average number of ordinary shares outstanding, diluted | 2,280,906,536,000 | ||||||||||||||||||||||||||||||||||||||||
net income per share | -1.07 | ||||||||||||||||||||||||||||||||||||||||
membership services revenue earned from memberships sold by others | 109 | ||||||||||||||||||||||||||||||||||||||||
other services provided to baidu group | 1,764 | ||||||||||||||||||||||||||||||||||||||||
other services provided to others | 4,421 | ||||||||||||||||||||||||||||||||||||||||
loans due from others | 184 | ||||||||||||||||||||||||||||||||||||||||
bandwidth fee to baidu group | 112,496 | ||||||||||||||||||||||||||||||||||||||||
traffic acquisition and other services provided by baidu group | |||||||||||||||||||||||||||||||||||||||||
cloud services provided by baidu group | 1,087 | ||||||||||||||||||||||||||||||||||||||||
other income/(loss) | -13,811,000 | ||||||||||||||||||||||||||||||||||||||||
less: net income/(loss) attributable to noncontrolling interests | -542,000 | ||||||||||||||||||||||||||||||||||||||||
other expense | -13,811,000 | ||||||||||||||||||||||||||||||||||||||||
accretion of redeemable convertible preferred shares | 298,691,010 | -298,990,000 | -9,627,000 | -289,363,000 | -289,363,000 | ||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests | -8,301,000 | ||||||||||||||||||||||||||||||||||||||||
extinguishment and reissuance of series b preferred shares | |||||||||||||||||||||||||||||||||||||||||
net earnings per ordinary share: | |||||||||||||||||||||||||||||||||||||||||
basic | -1.97 | ||||||||||||||||||||||||||||||||||||||||
diluted | -1.97 | ||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in net earnings per ordinary share computation: | |||||||||||||||||||||||||||||||||||||||||
basic | 6,743,563,754 | 6,740,810,595 | 6,740,810,595 | 6,737,281,504 | 6,725,978,497 | 6,717,652,924 | 6,717,652,924 | 6,712,002,812 | 6,704,546,096 | 6,569,658,687 | 6,569,658,687 | 6,081,974,163 | 6,074,616,616 | 5,706,290,530 | 5,706,290,530 | 5,590,418,635 | 5,526,721,856 | 5,526,721,856 | 5,182,686,302 | 5,151,499,718 | 5,137,428,818 | 5,137,428,818 | 5,109,395,926 | 5,083,030,810 | 5,083,030,810 | 5,058,650,574 | 4,931,100,562 | 347,381,732 | |||||||||||||
diluted | 6,743,563,754 | 6,780,303,294 | 6,780,303,294 | 6,779,359,665 | 6,857,915,450 | 6,788,073,126 | 6,788,073,126 | 6,850,839,094 | 6,851,986,558 | 6,754,965,091 | 6,754,965,091 | 6,081,974,163 | 6,074,616,616 | 5,742,801,024 | 5,742,801,024 | 5,590,418,635 | 5,526,721,856 | 5,526,721,856 | 5,182,686,302 | 5,151,499,718 | 5,137,428,818 | 5,137,428,818 | 5,109,395,926 | 5,083,030,810 | 5,083,030,810 | 5,058,650,574 | 4,931,100,562 | 347,381,732 | |||||||||||||
weighted-average number of class a and class b ordinary shares used in net loss per share computation: | |||||||||||||||||||||||||||||||||||||||||
foreign exchange income | -224,240,000 | -896,960,000 | |||||||||||||||||||||||||||||||||||||||
share of loss from equity method investments | -237,250 | -949,000 | |||||||||||||||||||||||||||||||||||||||
less: net income attributed to noncontrolling interests | 2,664,250 | 10,657,000 | |||||||||||||||||||||||||||||||||||||||
net loss per class a and class b ordinary shares: | |||||||||||||||||||||||||||||||||||||||||
basic | -360 | -620 | -427.5 | -1,710 | |||||||||||||||||||||||||||||||||||||
diluted | -360 | -620 | -427.5 | -1,710 | |||||||||||||||||||||||||||||||||||||
shares used in net loss per share computation: | |||||||||||||||||||||||||||||||||||||||||
basic | 865,742,088 | 3,462,968,352 | 347,381,732 | ||||||||||||||||||||||||||||||||||||||
diluted | 865,742,088 | 3,462,968,352 | 347,381,732 | ||||||||||||||||||||||||||||||||||||||
other comprehensive income | |||||||||||||||||||||||||||||||||||||||||
unrealized gains on available-for-sale securities | 8,808.25 | 35,233 | |||||||||||||||||||||||||||||||||||||||
less: comprehensive income attributable to non-controlling interests | 2,672.5 | 10,690 | |||||||||||||||||||||||||||||||||||||||
net loss attributable to noncontrolling interests | -1,059,000 | -1,059,000 | |||||||||||||||||||||||||||||||||||||||
net earnings per share: | |||||||||||||||||||||||||||||||||||||||||
basic | -1.97 | ||||||||||||||||||||||||||||||||||||||||
diluted | -1.97 | ||||||||||||||||||||||||||||||||||||||||
shares used in net earnings per share computation: | |||||||||||||||||||||||||||||||||||||||||
basic | 865,742,088 | 3,462,968,352 | 347,381,732 | ||||||||||||||||||||||||||||||||||||||
diluted | 865,742,088 | 3,462,968,352 | 347,381,732 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-11-18 | 2025-09-30 | 2025-08-20 | 2025-06-30 | 2025-05-21 | 2025-03-31 | 2025-02-18 | 2024-12-31 | 2024-11-21 | 2024-09-30 | 2024-08-23 | 2024-06-30 | 2024-05-17 | 2024-03-31 | 2024-02-29 | 2023-12-31 | 2023-11-22 | 2023-09-30 | 2023-08-22 | 2023-06-30 | 2023-05-16 | 2023-03-31 | 2023-02-22 | 2022-12-31 | 2022-11-22 | 2022-09-30 | 2022-08-30 | 2022-06-30 | 2022-05-27 | 2022-03-31 | 2022-03-02 | 2021-12-31 | 2021-11-17 | 2021-09-30 | 2021-08-13 | 2021-06-30 | 2021-05-19 | 2021-03-31 | 2021-02-18 | 2020-12-31 | 2020-11-17 | 2020-09-30 | 2020-08-14 | 2020-06-30 | 2020-05-19 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-11-28 | 2018-09-30 | 2018-03-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 3,956,761,000 | 3,956,761,000 | 3,329,708,000 | 3,329,708,000 | 4,320,028,000 | 4,320,028,000 | 3,529,679,000 | 3,529,679,000 | 3,241,336,000 | 3,241,336,000 | 6,301,808,000 | 6,301,808,000 | 5,045,322,000 | 5,045,322,000 | 4,434,525,000 | 4,434,525,000 | 4,230,587,000 | 4,230,587,000 | 3,565,285,000 | 3,565,285,000 | 4,529,267,000 | 4,529,267,000 | 7,097,938,000 | 7,097,938,000 | 3,559,899,000 | 3,559,899,000 | 2,923,178,000 | 2,923,178,000 | 3,811,350,000 | 3,811,350,000 | 2,997,212,000 | 2,997,212,000 | 7,296,165,000 | 7,296,165,000 | 6,684,907,000 | 6,684,907,000 | 7,352,678,000 | 7,352,678,000 | 10,915,282,000 | 5,101,693 | 3,163,128,000 | 3,163,128,000 | 4,280,694,000 | 4,280,694,000 | 3,692,920,000 | 5,934,742,000 | 4,505,175,000 | 5,427,362,000 | 11,874,293,000 | 4,586,405,000 | 5,831,440,000 | 5,831,440,000 | 403,519,000 | 733,010,000 | 964,207,000 |
restricted cash | 1,853,000 | 1,853,000 | 2,062,000 | 2,062,000 | 1,899,000 | 1,899,000 | 6,120,000 | 6,120,000 | 6,120,000 | 6,120,000 | 6,120,000 | 6,120,000 | 6,120,000 | 6,120,000 | 13,618,000 | 13,618,000 | 16,355,000 | 16,355,000 | 96,206,000 | 96,206,000 | 71,426,000 | 71,426,000 | 77,652,000 | 77,652,000 | 89,667,000 | 89,667,000 | 51,174,000 | 51,174,000 | 42,597,000 | 42,597,000 | 25,230,000 | 655,653,000 | 655,653,000 | 999,282,000 | 999,282,000 | 988,156,000 | 974,932,000 | 2,587,948,000 | 2,196,656,000 | 2,151,245,000 | 2,174,042,000 | ||||||||||||||
short-term investments | 114,489,000 | 114,489,000 | 917,165,000 | 917,165,000 | 946,246,000 | 946,246,000 | 941,610,000 | 941,610,000 | 936,267,000 | 936,267,000 | 735,916,000 | 735,916,000 | 985,970,000 | 985,970,000 | 941,738,000 | 941,738,000 | 1,024,923,000 | 1,024,923,000 | 1,014,692,000 | 1,014,692,000 | 668,991,000 | 668,991,000 | 818,265,000 | 818,265,000 | 1,470,487,000 | 1,470,487,000 | 1,890,542,000 | 1,890,542,000 | 1,282,522,000 | 1,282,522,000 | 1,348,255,000 | 1,348,255,000 | 3,661,719,000 | 3,661,719,000 | 5,526,397,000 | 5,526,397,000 | 5,914,741,000 | 5,914,741,000 | 3,358,174,000 | 263,005 | 3,603,891,000 | 3,603,891,000 | 4,196,237,000 | 4,196,237,000 | 5,258,526,000 | 4,579,313,000 | 6,841,710,000 | 8,817,980,000 | 3,886,002,000 | 6,061,832,000 | 3,844,249,000 | 3,844,249,000 | 492,587,000 | 779,916,000 | 902,978,000 |
accounts receivable | 2,270,954,000 | 2,270,954,000 | 2,191,126,000 | 2,191,126,000 | 2,350,422,000 | 2,350,422,000 | 2,191,178,000 | 2,191,178,000 | 2,215,920,000 | 2,215,920,000 | 2,339,010,000 | 2,339,010,000 | 2,727,305,000 | 2,727,305,000 | 2,169,042,000 | 2,169,042,000 | 2,473,873,000 | 2,473,873,000 | 2,692,389,000 | 2,692,389,000 | 2,722,295,000 | 2,722,295,000 | 2,402,675,000 | 2,402,675,000 | 2,683,392,000 | 2,683,392,000 | 2,457,691,000 | 2,457,691,000 | 2,672,284,000 | 2,672,284,000 | 2,747,774,000 | 2,747,774,000 | 2,882,733,000 | 2,882,733,000 | 3,144,074,000 | 3,144,074,000 | 3,381,852,000 | 3,381,852,000 | 3,344,433,000 | 3,260,191,000 | 3,260,191,000 | 3,311,635,000 | 3,311,635,000 | 4,310,615,000 | 2,982,334,000 | 3,046,343,000 | 3,021,171,000 | 2,889,234,000 | 3,164,612,000 | 3,164,612,000 | 2,912,775,000 | ||||
prepayments and other assets | 2,158,249,000 | 2,158,249,000 | 2,172,378,000 | 2,172,378,000 | 2,177,880,000 | 2,177,880,000 | 2,192,928,000 | 2,192,928,000 | 2,302,748,000 | 2,302,748,000 | 2,415,157,000 | 2,415,157,000 | 2,602,327,000 | 2,602,327,000 | 2,794,259,000 | 2,794,259,000 | 2,953,466,000 | 2,953,466,000 | 2,664,647,000 | 2,664,647,000 | 11,221,073,000 | 11,221,073,000 | 2,602,927,000 | 2,602,927,000 | 2,228,050,000 | 2,228,050,000 | 2,124,381,000 | 2,124,381,000 | 2,689,541,000 | 2,689,541,000 | 3,266,523,000 | 3,266,523,000 | 3,715,664,000 | 3,715,664,000 | 4,049,567,000 | 4,049,567,000 | 4,251,803,000 | 4,251,803,000 | 3,515,855,000 | 9,313 | 3,463,425,000 | 3,463,425,000 | 3,613,564,000 | 3,613,564,000 | 3,422,752,000 | 4,022,826,000 | 3,864,062,000 | 2,928,591,000 | 2,696,381,000 | 3,076,183,000 | 3,076,183,000 | 1,014,129,000 | |||
amounts due from related parties | 245,940,000 | 245,940,000 | 264,262,000 | 264,262,000 | 300,451,000 | 300,451,000 | 283,123,000 | 283,123,000 | 345,392,000 | 345,392,000 | 320,504,000 | 320,504,000 | 1,716,816,000 | 1,716,816,000 | 1,707,024,000 | 1,707,024,000 | 202,155,000 | 202,155,000 | 159,641,000 | 159,641,000 | 171,926,000 | 171,926,000 | 104,154,000 | 104,154,000 | 70,430,000 | 70,430,000 | 124,573,000 | 124,573,000 | 139,450,000 | 139,450,000 | 155,512,000 | 155,512,000 | 274,498,000 | 274,498,000 | 190,183,000 | 190,183,000 | 172,963,000 | 172,963,000 | 96,111,000 | 169,799,000 | 169,799,000 | 106,665,000 | 106,665,000 | 269,454,000 | 312,936,000 | 312,232,000 | 495,501,000 | 281,710,000 | 66,131,000 | 66,131,000 | 19,885,000 | ||||
licensed copyrights | 609,697,000 | 609,697,000 | 579,132,000 | 579,132,000 | 714,988,000 | 714,988,000 | 388,718,000 | 388,718,000 | 522,495,000 | 522,495,000 | 641,490,000 | 641,490,000 | 724,610,000 | 724,610,000 | 582,521,000 | 582,521,000 | 696,997,000 | 696,997,000 | 832,020,000 | 832,020,000 | 940,429,000 | 940,429,000 | 746,058,000 | 746,058,000 | 818,171,000 | 818,171,000 | 796,182,000 | 796,182,000 | 910,096,000 | 910,096,000 | 931,189,000 | 931,189,000 | 1,096,941,000 | 1,096,941,000 | 890,326,000 | 890,326,000 | 1,031,896,000 | 1,031,896,000 | 1,035,339,000 | 1,247,415,000 | 1,247,415,000 | 1,183,915,000 | 1,183,915,000 | 1,432,955,000 | 1,323,772,000 | 1,176,403,000 | 1,261,760,000 | 1,163,839,000 | 1,051,997,000 | 1,051,997,000 | 1,201,687,000 | ||||
total current assets | 9,357,943,000 | 9,357,943,000 | 9,455,833,000 | 9,455,833,000 | 10,811,914,000 | 10,811,914,000 | 9,527,236,000 | 9,527,236,000 | 9,564,158,000 | 9,564,158,000 | 12,753,885,000 | 12,753,885,000 | 13,802,350,000 | 13,802,350,000 | 12,635,229,000 | 12,635,229,000 | 11,588,121,000 | 11,588,121,000 | 10,934,794,000 | 10,934,794,000 | 20,260,101,000 | 20,260,101,000 | 13,785,635,000 | 13,785,635,000 | 10,846,784,000 | 10,846,784,000 | 10,412,753,000 | 10,412,753,000 | 11,576,669,000 | 11,576,669,000 | 11,524,117,000 | 11,524,117,000 | 19,017,387,000 | 19,017,387,000 | 20,536,628,000 | 20,536,628,000 | 22,148,530,000 | 22,148,530,000 | 22,290,424,000 | 26,040,722 | 15,563,502,000 | 15,563,502,000 | 17,691,992,000 | 17,691,992,000 | 19,375,378,000 | 20,272,838,000 | 22,576,701,000 | 24,841,038,000 | 25,618,563,000 | 19,853,443,000 | 17,034,612,000 | 17,034,612,000 | 6,044,582,000 | 5,700,528,000 | 5,154,305,000 |
non-current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets | 848,211,000 | 848,211,000 | 839,284,000 | 839,284,000 | 849,073,000 | 849,073,000 | 877,982,000 | 877,982,000 | 839,945,000 | 839,945,000 | 849,994,000 | 849,994,000 | 845,380,000 | 845,380,000 | 863,813,000 | 863,813,000 | 908,418,000 | 908,418,000 | 969,319,000 | 969,319,000 | 1,035,514,000 | 1,035,514,000 | 1,104,721,000 | 1,104,721,000 | 1,180,895,000 | 1,180,895,000 | 1,261,847,000 | 1,261,847,000 | 1,335,804,000 | 1,335,804,000 | 1,344,784,000 | 1,344,784,000 | 1,315,895,000 | 1,315,895,000 | 1,353,765,000 | 1,353,765,000 | 1,360,539,000 | 1,360,539,000 | 1,393,467,000 | 1,463,733,000 | 1,463,733,000 | 1,660,408,000 | 1,660,408,000 | 1,663,533,000 | 1,843,682,000 | 1,811,313,000 | 1,746,679,000 | 1,618,147,000 | 1,475,642,000 | 1,475,642,000 | 1,318,390,000 | ||||
long-term investments | 1,962,317,000 | 1,962,317,000 | 1,978,055,000 | 1,978,055,000 | 2,098,342,000 | 2,098,342,000 | 2,108,477,000 | 2,108,477,000 | 2,054,565,000 | 2,054,565,000 | 2,172,309,000 | 2,172,309,000 | 2,217,918,000 | 2,217,918,000 | 2,260,785,000 | 2,260,785,000 | 2,365,120,000 | 2,365,120,000 | 2,359,960,000 | 2,359,960,000 | 2,224,545,000 | 2,224,545,000 | 2,453,644,000 | 2,453,644,000 | 2,803,629,000 | 2,803,629,000 | 3,161,746,000 | 3,161,746,000 | 3,213,112,000 | 3,213,112,000 | 3,035,155,000 | 3,035,155,000 | 3,435,521,000 | 3,435,521,000 | 3,422,487,000 | 3,422,487,000 | 3,451,349,000 | 3,451,349,000 | 3,202,828,000 | 3,710,782,000 | 3,710,782,000 | 3,745,872,000 | 3,745,872,000 | 3,460,325,000 | 2,907,112,000 | 2,553,252,000 | 2,568,368,000 | 2,572,040,000 | 2,306,070,000 | 2,306,070,000 | 1,184,719,000 | ||||
deferred tax assts | 16,652,000 | 16,652,000 | 21,197,000 | 21,197,000 | 22,227,000 | 22,227,000 | 23,536,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets | 235,696,000 | 235,696,000 | 252,596,000 | 252,596,000 | 271,076,000 | 271,076,000 | 289,861,000 | 289,861,000 | 310,006,000 | 310,006,000 | 321,200,000 | 321,200,000 | 333,395,000 | 333,395,000 | 309,534,000 | 309,534,000 | 390,021,000 | 390,021,000 | 391,488,000 | 391,488,000 | 413,238,000 | 413,238,000 | 436,685,000 | 436,685,000 | 459,635,000 | 459,635,000 | 478,266,000 | 478,266,000 | 479,785,000 | 479,785,000 | 545,305,000 | 545,305,000 | 563,199,000 | 563,199,000 | 594,900,000 | 594,900,000 | 607,059,000 | 607,059,000 | 627,198,000 | 661,683,000 | 661,683,000 | 711,855,000 | 711,855,000 | 799,731,000 | 1,353,493,000 | 1,445,553,000 | 1,559,022,000 | 1,678,193,000 | 1,651,881,000 | 1,651,881,000 | 357,488,000 | ||||
produced content | 14,314,030,000 | 14,314,030,000 | 14,484,001,000 | 14,484,001,000 | 14,387,653,000 | 14,387,653,000 | 14,707,869,000 | 14,707,869,000 | 14,321,624,000 | 14,321,624,000 | 14,328,294,000 | 14,328,294,000 | 13,613,389,000 | 13,613,389,000 | 13,376,985,000 | 13,376,985,000 | 12,625,559,000 | 12,625,559,000 | 12,722,298,000 | 12,722,298,000 | 12,604,535,000 | 12,604,535,000 | 13,001,904,000 | 13,001,904,000 | 12,711,616,000 | 12,711,616,000 | 12,526,665,000 | 12,526,665,000 | 12,032,315,000 | 12,032,315,000 | 10,951,078,000 | 10,951,078,000 | 9,597,884,000 | 9,597,884,000 | 8,675,781,000 | 8,675,781,000 | 7,280,667,000 | 7,280,667,000 | 6,556,084,000 | 5,517,095,000 | 5,517,095,000 | 4,414,354,000 | 4,414,354,000 | 4,507,880,000 | 4,845,923,000 | 4,483,123,000 | 4,213,078,000 | 3,736,063,000 | 4,070,153,000 | 4,070,153,000 | 2,738,236,000 | ||||
operating lease assets | 505,970,000 | 505,970,000 | 513,704,000 | 513,704,000 | 594,946,000 | 594,946,000 | 609,832,000 | 609,832,000 | 621,083,000 | 621,083,000 | 642,047,000 | 642,047,000 | 661,171,000 | 661,171,000 | 683,897,000 | 683,897,000 | 635,886,000 | 635,886,000 | 647,177,000 | 647,177,000 | 654,667,000 | 654,667,000 | 673,971,000 | 673,971,000 | 704,025,000 | 704,025,000 | 838,800,000 | 838,800,000 | 857,893,000 | 857,893,000 | 907,297,000 | 907,297,000 | 939,934,000 | 939,934,000 | 1,049,711,000 | 1,049,711,000 | 963,192,000 | 963,192,000 | 1,001,857,000 | 1,001,648,000 | 1,001,648,000 | 1,110,754,000 | 1,110,754,000 | 904,188,000 | 525,700,000 | 532,645,000 | |||||||||
goodwill | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,820,823,000 | 3,826,147,000 | 3,826,147,000 | 3,826,147,000 | 3,826,147,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,888,346,000 | 3,276,107,000 | ||||
total non-current assets | 36,429,839,000 | 36,429,839,000 | 36,908,880,000 | 36,908,880,000 | 36,307,161,000 | 36,307,161,000 | 36,233,289,000 | 36,233,289,000 | 35,265,882,000 | 35,265,882,000 | 34,894,401,000 | 34,894,401,000 | 32,497,461,000 | 32,497,461,000 | 31,959,145,000 | 31,959,145,000 | 32,517,425,000 | 32,517,425,000 | 32,154,124,000 | 32,154,124,000 | 31,772,617,000 | 31,772,617,000 | 32,262,714,000 | 32,262,714,000 | 32,045,737,000 | 32,045,737,000 | 32,177,156,000 | 32,177,156,000 | 32,010,122,000 | 32,010,122,000 | 30,948,048,000 | 30,948,048,000 | 30,279,403,000 | 30,279,403,000 | 28,379,516,000 | 28,379,516,000 | 26,839,142,000 | 26,839,142,000 | 25,895,005,000 | 25,324,706,000 | 25,324,706,000 | 24,585,456,000 | 24,585,456,000 | 24,165,760,000 | 25,733,108,000 | 25,403,064,000 | 25,543,065,000 | 24,906,255,000 | 24,182,168,000 | 24,182,168,000 | 16,885,008,000 | ||||
total assets | 45,787,782,000 | 45,787,782,000 | 46,364,713,000 | 46,364,713,000 | 47,119,075,000 | 47,119,075,000 | 45,760,525,000 | 45,760,525,000 | 44,830,040,000 | 44,830,040,000 | 47,648,286,000 | 47,648,286,000 | 46,299,811,000 | 46,299,811,000 | 44,594,374,000 | 44,594,374,000 | 44,105,546,000 | 44,105,546,000 | 43,088,918,000 | 43,088,918,000 | 52,032,718,000 | 52,032,718,000 | 46,048,349,000 | 46,048,349,000 | 42,892,521,000 | 42,892,521,000 | 42,589,909,000 | 42,589,909,000 | 43,586,791,000 | 43,586,791,000 | 42,472,165,000 | 42,472,165,000 | 49,296,790,000 | 49,296,790,000 | 48,916,144,000 | 48,916,144,000 | 48,987,672,000 | 48,987,672,000 | 48,185,429,000 | 26,040,722 | 40,888,208,000 | 40,888,208,000 | 42,277,448,000 | 42,277,448,000 | 43,541,138,000 | 44,792,550,000 | 48,309,809,000 | 50,244,102,000 | 51,161,628,000 | 44,759,698,000 | 41,216,780,000 | 41,216,780,000 | 22,929,590,000 | 20,200,899,000 | 13,631,636,000 |
liabilities and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts and notes payable | 6,746,259,000 | 6,746,259,000 | 6,956,061,000 | 6,956,061,000 | 6,479,916,000 | 6,479,916,000 | 6,482,209,000 | 6,482,209,000 | 6,486,111,000 | 6,486,111,000 | 5,969,657,000 | 5,969,657,000 | 5,897,266,000 | 5,897,266,000 | 5,671,074,000 | 5,671,074,000 | 5,935,958,000 | 5,935,958,000 | 5,740,030,000 | 5,740,030,000 | 5,721,544,000 | 5,721,544,000 | 5,993,416,000 | 5,993,416,000 | 6,882,120,000 | 6,882,120,000 | 6,311,095,000 | 6,311,095,000 | 7,022,179,000 | 7,022,179,000 | 8,896,460,000 | 8,896,460,000 | 9,128,010,000 | 9,128,010,000 | 8,227,836,000 | 8,227,836,000 | 7,508,778,000 | 7,508,778,000 | 7,561,532,000 | 7,455,954,000 | 7,455,954,000 | 7,691,757,000 | 7,691,757,000 | 8,328,921,000 | 10,089,850,000 | 9,583,950,000 | 10,351,228,000 | ||||||||
amounts due to related parties | 3,429,916,000 | 3,429,916,000 | 3,361,596,000 | 3,361,596,000 | 3,287,141,000 | 3,287,141,000 | 3,239,036,000 | 3,239,036,000 | 3,267,320,000 | 3,267,320,000 | 3,168,323,000 | 3,168,323,000 | 2,839,277,000 | 2,839,277,000 | 2,953,658,000 | 2,953,658,000 | 3,087,489,000 | 3,087,489,000 | 2,872,843,000 | 2,872,843,000 | 2,949,896,000 | 2,949,896,000 | 3,521,646,000 | 3,521,646,000 | 3,319,678,000 | 3,319,678,000 | 3,221,675,000 | 3,221,675,000 | 3,167,108,000 | 3,167,108,000 | 2,634,089,000 | 2,634,089,000 | 2,418,734,000 | 2,418,734,000 | 2,308,768,000 | 2,308,768,000 | 1,897,476,000 | 1,897,476,000 | 1,778,783,000 | 1,828,085,000 | 1,828,085,000 | 1,628,514,000 | 1,628,514,000 | 1,906,111,000 | 1,234,081,000 | 1,204,727,000 | 940,117,000 | 692,390,000 | 492,543,000 | 492,543,000 | 180,491,000 | ||||
customer advances and deferred revenue | 4,107,725,000 | 4,107,725,000 | 4,457,113,000 | 4,457,113,000 | 4,606,845,000 | 4,606,845,000 | 4,403,686,000 | 4,403,686,000 | 4,320,866,000 | 4,320,866,000 | 4,541,220,000 | 4,541,220,000 | 4,650,902,000 | 4,650,902,000 | 4,373,208,000 | 4,373,208,000 | 4,505,676,000 | 4,505,676,000 | 4,636,969,000 | 4,636,969,000 | 4,727,981,000 | 4,727,981,000 | 4,232,110,000 | 4,232,110,000 | 3,968,708,000 | 3,968,708,000 | 3,662,925,000 | 3,662,925,000 | 3,836,864,000 | 3,836,864,000 | 3,484,509,000 | 3,484,509,000 | 3,209,078,000 | 3,209,078,000 | 3,248,965,000 | 3,248,965,000 | 3,395,569,000 | 3,395,569,000 | 3,444,917,000 | 3,064,785,000 | 3,064,785,000 | 3,131,602,000 | 3,131,602,000 | 3,309,262,000 | 2,354,884,000 | 2,295,522,000 | 1,960,719,000 | 2,195,283,000 | 2,356,275,000 | 2,356,275,000 | 1,795,911,000 | ||||
convertible senior notes, current portion | 1,477,291,000 | 1,477,291,000 | 1,483,936,000 | 1,483,936,000 | 2,132,771,000 | 2,132,771,000 | 242,460,000 | 242,460,000 | 16,668,000 | 16,668,000 | 2,892,033,000 | 2,892,033,000 | 2,854,578,000 | 2,854,578,000 | 2,802,442,000 | 2,802,442,000 | 3,114,492,000 | 3,114,492,000 | 23,263,000 | 23,263,000 | 8,264,709,000 | 8,264,709,000 | 8,305,447,000 | 8,305,447,000 | 8,520,577,000 | 8,520,577,000 | 8,012,749,000 | 8,012,749,000 | 4,807,593,000 | 4,807,593,000 | 4,777,143,000 | 4,777,143,000 | 4,807,909,000 | 4,807,909,000 | 4,752,061,000 | ||||||||||||||||||||
short-term loans | 2,232,484,000 | 2,232,484,000 | 2,757,119,000 | 2,757,119,000 | 3,440,487,000 | 3,440,487,000 | 3,786,901,000 | 3,786,901,000 | 4,347,147,000 | 4,347,147,000 | 4,262,684,000 | 4,262,684,000 | 3,520,199,000 | 3,520,199,000 | 3,571,637,000 | 3,571,637,000 | 3,360,681,000 | 3,360,681,000 | 2,992,101,000 | 2,992,101,000 | 3,262,497,000 | 3,262,497,000 | 3,347,638,000 | 3,347,638,000 | 3,938,938,000 | 3,938,938,000 | 4,064,196,000 | 4,064,196,000 | 4,391,464,000 | 4,391,464,000 | 4,117,774,000 | 4,117,774,000 | 3,990,459,000 | 3,990,459,000 | 3,008,224,000 | 3,008,224,000 | 2,201,033,000 | 2,201,033,000 | 2,965,957,000 | 3,804,396,000 | 3,804,396,000 | 3,614,023,000 | 3,614,023,000 | 2,572,484,000 | 3,509,915,000 | 4,017,485,000 | 3,586,155,000 | 3,046,449,000 | 1,172,553,000 | 1,172,553,000 | 396,748,000 | ||||
long-term loans, current portion | 620,591,000 | 620,591,000 | 717,991,000 | 717,991,000 | 560,412,000 | 560,412,000 | 167,987,000 | 167,987,000 | 36,800,000 | 36,800,000 | 29,000,000 | 29,000,000 | 23,000,000 | 23,000,000 | 656,861,000 | 656,861,000 | 915,501,000 | 915,501,000 | 908,414,000 | 908,414,000 | 909,034,000 | 733,365,000 | 733,365,000 | 466,521,000 | 466,521,000 | 745,800,000 | 363,480,000 | 353,386,000 | 79,066,000 | 83,720,000 | 10,000,000 | 10,000,000 | |||||||||||||||||||||||
operating lease liabilities, current portion | 83,355,000 | 83,355,000 | 81,728,000 | 81,728,000 | 96,116,000 | 96,116,000 | 96,675,000 | 96,675,000 | 93,432,000 | 93,432,000 | 97,326,000 | 97,326,000 | 97,214,000 | 97,214,000 | 100,883,000 | 100,883,000 | 95,544,000 | 95,544,000 | 100,081,000 | 100,081,000 | 99,808,000 | 99,808,000 | 103,517,000 | 103,517,000 | 110,697,000 | 110,697,000 | 181,984,000 | 181,984,000 | 199,963,000 | 199,963,000 | 171,541,000 | 171,541,000 | 179,077,000 | 179,077,000 | 209,015,000 | 209,015,000 | 207,517,000 | 207,517,000 | 201,307,000 | 197,673,000 | 197,673,000 | 183,508,000 | 183,508,000 | 175,410,000 | 116,826,000 | 137,926,000 | |||||||||
accrued expenses and other liabilities | 2,589,050,000 | 2,589,050,000 | 2,725,586,000 | 2,725,586,000 | 3,042,689,000 | 3,042,689,000 | 3,058,379,000 | 2,883,646,000 | 3,057,163,000 | 3,057,163,000 | 3,111,662,000 | 3,111,662,000 | 2,868,632,000 | 2,496,508,000 | 2,496,508,000 | 2,372,579,000 | 2,372,579,000 | 2,650,143,000 | 2,650,143,000 | 2,626,244,000 | 2,408,709,000 | 2,702,534,000 | 2,702,534,000 | 2,862,298,000 | 2,862,298,000 | 3,172,097,000 | 3,557,070,000 | 3,557,070,000 | 3,531,999,000 | 3,531,999,000 | 4,239,695,000 | 4,239,695,000 | 3,240,987,000 | 89,905 | 3,419,198,000 | 3,750,768,000 | 3,750,768,000 | 3,839,707,000 | 3,846,605,000 | 3,850,910,000 | 3,763,934,000 | 3,632,148,000 | 3,490,059,000 | 3,490,059,000 | 2,341,576,000 | ||||||||||
total current liabilities | 21,286,671,000 | 21,286,671,000 | 22,541,130,000 | 22,541,130,000 | 23,646,377,000 | 23,646,377,000 | 21,477,333,000 | 21,477,333,000 | 21,451,990,000 | 21,451,990,000 | 24,017,406,000 | 24,017,406,000 | 22,994,098,000 | 22,994,098,000 | 22,341,534,000 | 22,341,534,000 | 22,596,348,000 | 22,596,348,000 | 18,737,866,000 | 18,737,866,000 | 27,676,578,000 | 27,676,578,000 | 28,130,018,000 | 28,130,018,000 | 29,149,427,000 | 29,149,427,000 | 28,157,158,000 | 28,157,158,000 | 21,479,876,000 | 21,479,876,000 | 22,476,470,000 | 22,476,470,000 | 26,227,451,000 | 26,227,451,000 | 25,166,391,000 | 25,166,391,000 | 24,854,578,000 | 4,841,966 | 20,503,456,000 | 20,503,456,000 | 20,466,693,000 | 20,466,693,000 | 20,877,695,000 | 20,173,166,000 | 21,515,641,000 | 21,443,906,000 | 20,681,219,000 | 19,812,356,000 | 17,944,322,000 | 17,944,322,000 | 13,450,546,000 | 11,625,612,000 | 11,889,853,000 | ||
non-current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term loans | 3,223,894,000 | 3,223,894,000 | 2,300,177,000 | 2,300,177,000 | 1,581,902,000 | 1,581,902,000 | 1,036,835,000 | 1,036,835,000 | 496,951,000 | 496,951,000 | 379,830,000 | 379,830,000 | 326,830,000 | 326,830,000 | 97,990,000 | 97,990,000 | 628,286,000 | 886,926,000 | 886,926,000 | 879,790,000 | 672,352,000 | 384,462,000 | 651,276,000 | 644,169,000 | 274,000,000 | 279,000,000 | |||||||||||||||||||||||||||||
convertible senior notes | 6,754,934,000 | 6,754,934,000 | 6,739,446,000 | 6,739,446,000 | 6,774,762,000 | 6,774,762,000 | 8,350,570,000 | 8,350,570,000 | 8,187,011,000 | 8,187,011,000 | 8,407,516,000 | 8,407,516,000 | 8,357,217,000 | 8,357,217,000 | 8,143,994,000 | 8,143,994,000 | 8,349,132,000 | 8,349,132,000 | 11,446,838,000 | 11,446,838,000 | 11,668,397,000 | 11,668,397,000 | 9,568,279,000 | 9,568,279,000 | 6,369,982,000 | 6,369,982,000 | 5,990,335,000 | 5,990,335,000 | 13,239,128,000 | 13,239,128,000 | 12,652,172,000 | 12,652,172,000 | 12,591,930,000 | 12,591,930,000 | 12,670,189,000 | 12,670,189,000 | 11,926,715,000 | 4,752,061 | 12,307,243,000 | 12,693,748,000 | 12,693,748,000 | 12,611,230,000 | 12,517,935,000 | 11,918,836,000 | 11,553,301,000 | 4,712,284,000 | |||||||||
operating lease liabilities | 349,651,000 | 349,651,000 | 363,730,000 | 363,730,000 | 439,901,000 | 439,901,000 | 461,974,000 | 461,974,000 | 464,837,000 | 464,837,000 | 489,232,000 | 489,232,000 | 499,599,000 | 499,599,000 | 523,747,000 | 523,747,000 | 474,763,000 | 474,763,000 | 489,826,000 | 489,826,000 | 488,470,000 | 488,470,000 | 508,571,000 | 508,571,000 | 527,584,000 | 527,584,000 | 561,214,000 | 561,214,000 | 564,702,000 | 564,702,000 | 625,737,000 | 625,737,000 | 700,555,000 | 700,555,000 | 709,086,000 | 709,086,000 | 767,676,000 | 757,882,000 | 725,501,000 | 725,501,000 | 515,838,000 | 218,653,000 | 209,745,000 | ||||||||||||
other non-current liabilities | 795,662,000 | 795,662,000 | 860,803,000 | 860,803,000 | 985,071,000 | 985,071,000 | 1,000,823,000 | 1,000,823,000 | 886,346,000 | 886,346,000 | 1,257,374,000 | 1,257,374,000 | 1,276,089,000 | 1,276,089,000 | 1,220,804,000 | 1,220,804,000 | 1,252,833,000 | 1,252,833,000 | 1,581,179,000 | 1,581,179,000 | 1,451,575,000 | 1,451,575,000 | 1,395,269,000 | 1,395,269,000 | 1,286,875,000 | 1,286,875,000 | 1,401,226,000 | 1,401,226,000 | 1,280,639,000 | 1,280,639,000 | 260,931,000 | 260,931,000 | 196,525,000 | 196,525,000 | 199,621,000 | 199,621,000 | 210,167,000 | 15,383 | 207,071,000 | 223,813,000 | 223,813,000 | 237,997,000 | 52,868,000 | 56,022,000 | 291,001,000 | 57,551,000 | 66,929,000 | 66,929,000 | 18,527,000 | ||||||
total non-current liabilities | 11,167,898,000 | 11,167,898,000 | 10,313,213,000 | 10,313,213,000 | 9,835,278,000 | 9,835,278,000 | 10,909,428,000 | 10,909,428,000 | 10,099,390,000 | 10,099,390,000 | 10,604,225,000 | 10,604,225,000 | 10,535,864,000 | 10,535,864,000 | 10,067,925,000 | 10,067,925,000 | 10,163,295,000 | 10,163,295,000 | 13,609,765,000 | 13,609,765,000 | 13,704,575,000 | 13,704,575,000 | 11,574,892,000 | 11,574,892,000 | 8,292,179,000 | 8,292,179,000 | 8,067,638,000 | 8,067,638,000 | 15,205,799,000 | 15,205,799,000 | 14,322,582,000 | 14,322,582,000 | 14,354,329,000 | 14,354,329,000 | 14,528,111,000 | 14,528,111,000 | 13,886,553,000 | 11,942,098 | 14,907,839,000 | 15,550,776,000 | 15,550,776,000 | 15,288,913,000 | 14,604,655,000 | 13,781,941,000 | 13,839,612,000 | 6,791,779,000 | 1,774,685,000 | 1,774,685,000 | 948,620,000 | ||||||
total liabilities | 32,454,569,000 | 32,454,569,000 | 32,854,343,000 | 32,854,343,000 | 33,481,655,000 | 33,481,655,000 | 32,386,761,000 | 32,386,761,000 | 31,551,380,000 | 31,551,380,000 | 34,621,631,000 | 34,621,631,000 | 33,529,962,000 | 33,529,962,000 | 32,409,459,000 | 32,409,459,000 | 32,759,643,000 | 32,759,643,000 | 32,347,631,000 | 32,347,631,000 | 41,381,153,000 | 41,381,153,000 | 39,704,910,000 | 39,704,910,000 | 37,441,606,000 | 37,441,606,000 | 36,224,796,000 | 36,224,796,000 | 36,685,675,000 | 36,685,675,000 | 36,799,052,000 | 36,799,052,000 | 40,581,780,000 | 40,581,780,000 | 39,694,502,000 | 39,694,502,000 | 38,741,131,000 | 16,784,064 | 35,411,295,000 | 36,017,469,000 | 36,017,469,000 | 36,166,608,000 | 35,077,618,000 | 36,120,296,000 | 35,225,847,000 | 34,520,831,000 | 26,604,135,000 | 19,719,007,000 | 19,719,007,000 | 14,399,166,000 | 11,918,299,000 | 11,897,142,000 | |||
shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a ordinary shares | 239,000 | 239,000 | 238,000 | 238,000 | 238,000 | 238,000 | 238,000 | 238,000 | 238,000 | 238,000 | 237,000 | 237,000 | 237,000 | 236,000 | 236,000 | 236,000 | 236,000 | 236,000 | 236,000 | 194,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 173,000 | 172,000 | 172,000 | 171,000 | 171,000 | 165,000 | 165 | 146,000 | 145,000 | 145,000 | 143,000 | 140,000 | 138,000 | 137,000 | ||||||||||||||||
class b ordinary shares | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 193,000 | 183,000 | 183,000 | 183,000 | 183,000 | 183,000 | 183,000 | 183 | 183,000 | 183,000 | 183,000 | 183,000 | 183,000 | 183,000 | 183,000 | ||||||||||||||||
additional paid-in capital | 55,941,000,000 | 55,941,000,000 | 55,842,259,000 | 55,842,259,000 | 55,738,946,000 | 55,738,946,000 | 55,623,841,000 | 55,439,943,000 | 55,311,753,000 | 55,311,753,000 | 55,122,923,000 | 55,122,923,000 | 54,971,469,000 | 54,811,647,000 | 54,811,647,000 | 54,663,377,000 | 54,663,377,000 | 54,473,865,000 | 54,473,865,000 | 50,885,688,000 | 50,676,861,000 | 50,474,523,000 | 50,474,523,000 | 50,243,684,000 | 50,243,684,000 | 49,642,014,000 | 49,077,376,000 | 49,077,376,000 | 48,739,428,000 | 48,739,428,000 | 47,687,483,000 | 47,687,483 | 42,464,474,000 | 42,057,844,000 | 42,057,844,000 | 41,620,013,000 | 40,877,665,000 | 40,696,243,000 | 40,401,567,000 | 39,666,150,000 | 39,517,690,000 | 39,517,690,000 | 769,151,000 | ||||||||||||
accumulated deficit | -44,009,864,000 | -44,009,864,000 | -43,760,932,000 | -43,760,932,000 | -43,627,224,000 | -43,627,224,000 | -43,809,369,000 | -43,620,014,000 | -43,849,426,000 | -43,849,426,000 | -43,918,111,000 | -43,918,111,000 | -44,573,428,000 | -45,039,661,000 | -45,039,661,000 | -45,515,581,000 | -45,515,581,000 | -45,880,788,000 | -45,880,788,000 | -46,498,897,000 | -46,803,156,000 | -46,407,587,000 | -46,407,587,000 | -46,193,592,000 | -46,193,592,000 | -47,163,773,000 | -43,645,627,000 | -43,645,627,000 | -42,244,057,000 | -42,244,057,000 | -40,973,853,000 | -40,973,853 | -39,424,412,000 | -38,248,328,000 | -38,248,328,000 | -36,729,492,000 | -31,339,030,000 | -27,650,907,000 | -25,323,462,000 | -23,509,486,000 | -19,981,862,000 | -14,851,247,000 | |||||||||||||
accumulated other comprehensive income | 1,407,954,000 | 1,407,954,000 | 1,438,027,000 | 1,438,027,000 | 1,532,754,000 | 1,532,754,000 | 1,550,523,000 | 1,388,992,000 | 1,500,355,000 | 1,500,355,000 | 1,508,392,000 | 1,508,392,000 | 1,688,047,000 | 1,483,659,000 | 1,483,659,000 | 1,510,843,000 | 1,510,843,000 | 1,975,578,000 | 1,975,578,000 | 1,863,454,000 | 1,482,263,000 | 2,205,203,000 | 2,205,203,000 | 2,782,550,000 | 2,782,550,000 | 2,709,002,000 | 2,590,176,000 | 2,590,176,000 | 2,501,406,000 | 2,501,406,000 | 2,542,680,000 | 2,542,680 | 2,274,276,000 | 2,300,941,000 | 2,300,941,000 | 2,341,740,000 | 2,491,981,000 | 1,837,517,000 | 1,452,078,000 | 1,879,946,000 | 1,880,892,000 | -281,292,000 | |||||||||||||
non-controlling interests | -6,309,000 | -6,309,000 | -9,415,000 | -9,415,000 | -7,487,000 | -7,487,000 | 8,338,000 | 69,308,000 | 63,542,000 | 63,542,000 | 56,215,000 | 56,215,000 | 98,397,000 | 89,829,000 | 89,829,000 | 82,219,000 | 82,219,000 | 92,588,000 | 92,588,000 | 68,088,000 | 68,088,000 | 88,129,000 | 81,998,000 | 81,998,000 | 70,296,000 | 70,296,000 | 79,011,000 | 55,444,000 | 44,188,000 | 44,188,000 | 38,684,000 | 158,573,000 | 135,079,000 | 110,291,000 | 118,632,000 | 80,733,000 | 2,761,000 | ||||||||||||||||||
total shareholders’ equity | 13,333,213,000 | 13,333,213,000 | 13,510,370,000 | 13,510,370,000 | 13,637,420,000 | 13,637,420,000 | 13,373,764,000 | 13,278,660,000 | 13,026,655,000 | 13,026,655,000 | 12,769,849,000 | 12,769,849,000 | 12,184,915,000 | 11,345,903,000 | 11,345,903,000 | 10,741,287,000 | 10,741,287,000 | 10,651,565,000 | 10,651,565,000 | 6,343,439,000 | 5,450,915,000 | 6,365,113,000 | 6,365,113,000 | 6,901,116,000 | 6,901,116,000 | 5,275,728,000 | 8,104,278,000 | 8,104,278,000 | 9,067,427,000 | 9,067,427,000 | 9,335,669,000 | 9,256,658 | 5,370,111,000 | 6,154,973,000 | 6,154,973,000 | 7,271,271,000 | 9,613,390,000 | 12,189,513,000 | 15,018,255,000 | ||||||||||||||||
total liabilities and shareholders’ equity | 45,787,782,000 | 45,787,782,000 | 46,364,713,000 | 46,364,713,000 | 47,119,075,000 | 47,119,075,000 | 45,760,525,000 | 44,830,040,000 | 47,648,286,000 | 47,648,286,000 | 46,299,811,000 | 46,299,811,000 | 44,594,374,000 | 44,105,546,000 | 44,105,546,000 | 43,088,918,000 | 43,088,918,000 | 26,040,722 | 48,309,809,000 | 50,244,102,000 | |||||||||||||||||||||||||||||||||||
deferred tax liabilities | 34,000 | 34,000 | 297,000 | 297,000 | 560,000 | 560,000 | 824,000 | 824,000 | 1,048,000 | 1,048,000 | 1,273,000 | 1,273,000 | 811,000 | 811,000 | 1,832,000 | 1,832,000 | 2,682,000 | 2,682,000 | 2,452,000 | 2,452,000 | 598,000 | 598,000 | 3,127,000 | 3,127,000 | 12,531,000 | 12,531,000 | 2,922,000 | 2,922,000 | 4,588,000 | 13,749,000 | 527,000 | 527,000 | 16,581,000 | 51,759,000 | 69,964,000 | 83,530,000 | 96,405,000 | 117,225,000 | 117,225,000 | 1,093,000 | |||||||||||||||
deferred tax assets | 23,536,000 | 30,697,000 | 30,697,000 | 31,344,000 | 31,344,000 | 31,351,000 | 31,351,000 | 84,917,000 | 84,917,000 | 80,368,000 | 80,368,000 | 51,347,000 | 51,347,000 | 51,347,000 | 66,673,000 | 66,673,000 | 62,748,000 | 62,748,000 | 34,916,000 | 23,873,000 | 23,873,000 | 23,873,000 | 23,873,000 | 11,380,000 | 11,380,000 | 11,380,000 | |||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses | 1,899,083,000 | 1,858,403,000 | 1,910,191,000 | 1,839,671,000 | 1,671,799,000 | 2,280,322,000 | 2,162,980,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 1,159,296,000 | 1,025,243,000 | 958,441,000 | 786,573,000 | 736,910,000 | 891,775,000 | 1,256,218,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
non-current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable noncontrolling interests and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 82,481,000 | 82,481,000 | 92,807,000 | 94,561,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interests and shareholders’ equity | 52,032,718,000 | 52,032,718,000 | 46,048,349,000 | 42,892,521,000 | 42,589,909,000 | 42,589,909,000 | 43,586,791,000 | 43,586,791,000 | 42,472,165,000 | 48,185,429,000 | 40,888,208,000 | 42,277,448,000 | 42,277,448,000 | 43,541,138,000 | |||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests | 397,385,000 | 230,086,000 | 230,086,000 | 225,743,000 | 225,743,000 | 108,629,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, mezzanine equity and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interests and shareholders' equity | 48,916,144,000 | 48,916,144,000 | 48,987,672,000 | 48,987,672,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
amounts due from entities within the group | 20,666,711 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests: | 106,802,000 | 105,006,000 | 105,006,000 | 103,259,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, mezzanine equity and shareholders’ deficit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
selected consolidated balance sheet data: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total mezzanine equity | 101,542,000 | 22,601,664,000 | 17,039,167,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
ordinary shares | 324,000 | 323,000 | 320,000 | 24,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total iqiyi, inc. shareholders’ equity | 16,640,797,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, mezzanine equity and shareholders’ equity | 51,161,628,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 10,162,366,000 | 10,422,892,000 | 10,422,892,000 | 8,725,820,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
mezzanine equity: | 22,891,027,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable convertible preferred shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ (deficit)/equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total iqiyi, inc. shareholders’ (deficit)/equity | 18,155,563,000 | 21,497,773,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, mezzanine equity and shareholders’ (deficit)/equity | 44,759,698,000 | 41,216,780,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term loan, current portion | 10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term loan | 274,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amount due to related parties | 1,316,531,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
mezzanine equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ deficit: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total iqiyi, inc. shareholders’ deficit | -14,360,603,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, mezzanine equity and shareholders’ deficit | 22,929,590,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ (deficit)/equity | -14,319,064,000 | -15,304,673,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-11-18 | 2025-09-30 | 2025-08-20 | 2025-06-30 | 2025-05-21 | 2025-03-31 | 2024-11-21 | 2024-08-23 | 2024-06-30 | 2024-05-17 | 2024-03-31 | 2023-11-22 | 2023-09-30 | 2023-08-22 | 2023-06-30 | 2023-05-16 | 2023-03-31 | 2022-12-31 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-11-17 | 2020-08-14 | 2020-06-30 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net cash from operating activities | -12,731,000 | 338,950,000 | 338,950,000 | 338,950,000 | 410,752,000 | 937,773,000 | 937,773,000 | 937,773,000 | 937,773,000 | 885,560,000 | 885,560,000 | 1,001,765,000 | 1,001,765,000 | 1,001,765,000 | 853,397,000 | -1,167,049,000 | -1,425,910,000 | -1,350,028,000 | -1,350,028,000 | -1,358,278,000 | -604,269,000 | -604,269,000 | -2,356,104,678 | ||||
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
free cash flows | -12,731,000 | 338,950,000 | 338,950,000 | 338,950,000 | 410,752,000 | 937,773,000 | 937,773,000 | 937,773,000 | 937,773,000 | 885,560,000 | 885,560,000 | 1,001,765,000 | 1,001,765,000 | 1,001,765,000 | 853,397,000 | -1,167,049,000 | -1,425,910,000 | -1,350,028,000 | -1,350,028,000 | -1,358,278,000 | -604,269,000 | -604,269,000 | -2,356,104,678 | ||||
net cash from investing activities | -114,005,000 | -30,136,000 | -30,136,000 | -30,136,000 | 336,256,000 | -222,755,000 | -222,755,000 | -420,481,000 | 166,845,000 | 166,845,000 | 578,899,000 | 58,140,000 | 1,144,401,000 | -1,609,423,000 | -1,609,423,000 | 14,519,624,260 | |||||||||||
net cash from financing activities | -465,256,000 | 860,477,000 | 860,477,000 | 860,477,000 | 865,894,000 | 261,136,000 | 261,136,000 | -1,175,147,000 | -3,356,630,000 | -3,356,630,000 | 2,861,582,000 | 801,074,000 | 610,991,000 | 822,793,000 | -79,473,000 | -79,473,000 | -16,532,022,299 | ||||||||||
effect of exchange rate changes on cash, cash equivalents and restricted cash | -27,881,000 | -27,881,000 | -1,232,000 | -1,232,000 | -1,232,000 | -1,232,000 | 23,113,000 | 14,606,000 | 14,606,000 | 14,606,000 | 14,606,000 | 127,759,000 | 127,759,000 | -8,862,000 | -8,862,000 | -8,862,000 | -8,862,000 | -8,576,000 | -4,284,000 | -4,284,000 | -92,498,000 | -28,225,000 | -28,225,000 | -10,016,000 | 64,567,000 | 64,567,000 | |
net increase in cash, cash equivalents and restricted cash | -619,873,000 | 1,168,059,000 | 1,168,059,000 | 1,636,015,000 | 990,760,000 | 990,760,000 | -582,309,000 | -2,196,882,000 | 4,285,302,000 | 598,900,000 | -2,228,598,000 | -2,228,598,000 | |||||||||||||||
cash, cash equivalents and restricted cash at the beginning of the period | 4,758,390,000 | 4,758,390,000 | 3,590,331,000 | 3,590,331,000 | 3,590,331,000 | 3,590,331,000 | 6,271,368,000 | 5,280,608,000 | 5,280,608,000 | 5,280,608,000 | 5,280,608,000 | 5,664,674,000 | 5,664,674,000 | 7,861,556,000 | 7,861,556,000 | 7,861,556,000 | 7,861,556,000 | ||||||||||
cash, cash equivalents and restricted cash at the end of the period | 4,138,517,000 | 4,138,517,000 | 4,758,390,000 | 4,758,390,000 | 4,758,390,000 | 4,758,390,000 | 7,907,383,000 | 6,271,368,000 | 6,271,368,000 | 6,271,368,000 | 6,271,368,000 | 5,082,365,000 | 5,082,365,000 | 5,664,674,000 | 5,664,674,000 | 5,664,674,000 | 5,664,674,000 | ||||||||||
reconciliation of cash and cash equivalents and restricted cash: | |||||||||||||||||||||||||||
cash and cash equivalents | 3,329,708,000 | 3,329,708,000 | 4,320,028,000 | 4,320,028,000 | 4,320,028,000 | 4,320,028,000 | 6,301,808,000 | 5,045,322,000 | 5,045,322,000 | 5,045,322,000 | 5,045,322,000 | 3,565,285,000 | 3,565,285,000 | 4,529,267,000 | 4,529,267,000 | 4,529,267,000 | 4,529,267,000 | 3,538,039,000 | 3,163,128,000 | 4,280,694,000 | |||||||
restricted cash | 2,062,000 | 2,062,000 | 1,899,000 | 1,899,000 | 1,899,000 | 1,899,000 | 6,120,000 | 6,120,000 | 6,120,000 | 6,120,000 | 6,120,000 | 6,120,000 | -2,737,000 | 655,653,000 | 999,282,000 | ||||||||||||
long-term restricted cash | 806,747,000 | 806,747,000 | 436,463,000 | 436,463,000 | 436,463,000 | 436,463,000 | 1,605,575,000 | 1,226,046,000 | 1,226,046,000 | 1,226,046,000 | 1,226,046,000 | 1,510,960,000 | 1,510,960,000 | 1,129,287,000 | 1,129,287,000 | 1,129,287,000 | 1,129,287,000 | ||||||||||
total cash and cash equivalents and restricted cash shown in the statements of cash flows | 4,138,517,000 | 4,138,517,000 | 4,758,390,000 | 4,758,390,000 | 4,758,390,000 | 4,758,390,000 | 7,907,383,000 | 6,271,368,000 | 6,271,368,000 | 6,271,368,000 | 6,271,368,000 | 5,082,365,000 | 5,082,365,000 | 5,664,674,000 | 5,664,674,000 | 5,664,674,000 | 5,664,674,000 | 4,285,302,000 | |||||||||
less: capital expenditures | -21,410,000 | -21,410,000 | -31,252,000 | -31,252,000 | -31,252,000 | -31,252,000 | -28,299,000 | -22,429,000 | -22,429,000 | -22,429,000 | -22,429,000 | -13,307,000 | -13,307,000 | -241,000 | -241,000 | -241,000 | -241,000 | -51,315,000 | -51,315,000 | -60,728,000 | -60,550,000 | -60,550,000 | -57,465,000 | -66,824,000 | -66,824,000 | ||
free cash flow | -34,141,000 | -34,141,000 | 307,698,000 | 307,698,000 | 307,698,000 | 307,698,000 | 382,453,000 | 915,344,000 | 915,344,000 | 915,344,000 | 915,344,000 | 872,253,000 | 872,253,000 | 1,001,524,000 | 1,001,524,000 | 1,001,524,000 | 1,001,524,000 | -1,218,364,000 | -1,218,364,000 | -1,486,638,000 | -1,410,578,000 | -1,410,578,000 | -1,415,743,000 | -671,093,000 | -671,093,000 | ||
net cash provided by/(used for) operating activities | -12,731,000 | 338,950,000 | |||||||||||||||||||||||||
net cash provided by/ | -114,005,000 | -30,136,000 | -222,755,000 | -420,481,000 | |||||||||||||||||||||||
net cash provided by/(used for) financing activities | -465,256,000 | 860,477,000 | 2,046,550,000 | 2,046,550,000 | |||||||||||||||||||||||
net increase/(decrease) in cash, cash equivalents and restricted cash | -619,873,000 | 1,168,059,000 | 1,168,059,000 | -2,196,882,000 | -3,545,237,000 | ||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | -2,196,882,000 | -2,196,882,000 | |||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||
net income | |||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities | |||||||||||||||||||||||||||
depreciation of fixed assets | 79,172,000 | ||||||||||||||||||||||||||
amortization of intangible assets | |||||||||||||||||||||||||||
amortization of licensed copyrights | |||||||||||||||||||||||||||
amortization and impairment of produced content | 1,370,360,000 | ||||||||||||||||||||||||||
provision/(reversal) of credit losses | |||||||||||||||||||||||||||
unrealized foreign exchange loss | -68,959,000 | ||||||||||||||||||||||||||
gain on disposal of fixed assets | -9,443,000 | ||||||||||||||||||||||||||
loss on disposal of subsidiaries or business | |||||||||||||||||||||||||||
accretion on convertible senior notes and others | |||||||||||||||||||||||||||
barter transaction revenue | -273,632,000 | ||||||||||||||||||||||||||
share-based compensation | 188,506,000 | ||||||||||||||||||||||||||
share of losses from equity method investments | 46,754,000 | ||||||||||||||||||||||||||
fair value change and impairment of long-term investments | 279,874,000 | ||||||||||||||||||||||||||
deferred income tax expense | |||||||||||||||||||||||||||
other non-cash expense | |||||||||||||||||||||||||||
changes in operating assets and liabilities | |||||||||||||||||||||||||||
accounts receivable | 314,065,000 | 3,260,191,000 | 3,311,635,000 | ||||||||||||||||||||||||
amounts due from related parties | 19,534,000 | 169,799,000 | 106,665,000 | ||||||||||||||||||||||||
licensed copyrights | -1,318,690,000 | 1,247,415,000 | 1,183,915,000 | ||||||||||||||||||||||||
produced content | -1,655,656,000 | 5,517,095,000 | 4,414,354,000 | ||||||||||||||||||||||||
prepayments and other assets | -511,255,000 | 3,463,425,000 | 3,613,564,000 | ||||||||||||||||||||||||
accounts payable | -680,193,000 | ||||||||||||||||||||||||||
amounts due to related parties | 187,853,000 | 1,828,085,000 | 1,628,514,000 | ||||||||||||||||||||||||
customer advances and deferred revenue | 263,402,000 | 3,064,785,000 | 3,131,602,000 | ||||||||||||||||||||||||
accrued expenses and other liabilities | 136,411,000 | 3,419,198,000 | 3,750,768,000 | ||||||||||||||||||||||||
other non-current liabilities | 118,269,000 | 207,071,000 | 223,813,000 | ||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||
acquisition of fixed assets | -8,800,000 | ||||||||||||||||||||||||||
acquisition of intangible assets | -28,452,000 | ||||||||||||||||||||||||||
purchase of long-term investments | 0 | ||||||||||||||||||||||||||
proceeds from disposal of long-term investments | 14,631,000 | ||||||||||||||||||||||||||
film investments made as passive investor | -58,500,000 | ||||||||||||||||||||||||||
proceeds from film investments as passive investor | 0 | ||||||||||||||||||||||||||
loans provided to related parties | |||||||||||||||||||||||||||
purchases of held-to-maturity debt securities | 0 | ||||||||||||||||||||||||||
maturities of held-to-maturity debt securities | 174,433,000 | ||||||||||||||||||||||||||
purchases of available-for-sale debt securities | -415,232,000 | ||||||||||||||||||||||||||
maturities of available-for-sale debt securities | 889,392,000 | ||||||||||||||||||||||||||
other investing activities | 11,427,000 | ||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||
repayments of loans from related parties | |||||||||||||||||||||||||||
proceeds from short-term loans | 518,349,000 | ||||||||||||||||||||||||||
repayments of short-term loans | -1,088,286,000 | ||||||||||||||||||||||||||
proceeds from long-term loans | |||||||||||||||||||||||||||
repayments of long-term loans | |||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of issuance costs | |||||||||||||||||||||||||||
repayments or redemption of convertible senior notes | |||||||||||||||||||||||||||
acquisition of noncontrolling interests in a subsidiary | |||||||||||||||||||||||||||
proceeds from issuance of ordinary shares in the follow-on offering, net of issuance costs | |||||||||||||||||||||||||||
proceeds from issuance of ordinary shares to third parties upon private placement | 0 | ||||||||||||||||||||||||||
proceeds from issuance of class b ordinary shares to baidu upon private placement | 0 | ||||||||||||||||||||||||||
proceeds from exercise of share options | 2,684,000 | ||||||||||||||||||||||||||
finance lease payments | -9,781,000 | ||||||||||||||||||||||||||
dividends paid to noncontrolling interest shareholders | |||||||||||||||||||||||||||
proceeds from other financing activities | |||||||||||||||||||||||||||
repayment for other financing activities | |||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at the beginning of the year | |||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at the end of the year | |||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | |||||||||||||||||||||||||||
cash paid for interest | |||||||||||||||||||||||||||
cash paid for income taxes | |||||||||||||||||||||||||||
acquisition of fixed assets included in accounts payable | -12,607,000 | ||||||||||||||||||||||||||
rmb | |||||||||||||||||||||||||||
summary consolidated cash flows data: | |||||||||||||||||||||||||||
net cash (used for)/provide by operating activities | |||||||||||||||||||||||||||
net cash | -222,755,000 | 166,845,000 | 166,845,000 | -67,305,000 | |||||||||||||||||||||||
net cash (used for)/provided by financing activities | 261,136,000 | 261,136,000 | 610,991,000 | ||||||||||||||||||||||||
net (decrease)/increase in cash, cash equivalents and restricted cash | 990,760,000 | 990,760,000 | 807,912,000 | 807,912,000 | -659,194,000 | -3,545,237,000 | |||||||||||||||||||||
(reversal)/provision of credit losses | |||||||||||||||||||||||||||
gain on disposal of subsidiaries or business | |||||||||||||||||||||||||||
other non-cash expenses | 22,998,000 | ||||||||||||||||||||||||||
loans provided to third parties | |||||||||||||||||||||||||||
repayment of loans provided to related parties | |||||||||||||||||||||||||||
repayment of loans provided to third parties | 0 | ||||||||||||||||||||||||||
repayments of long-term loans and borrowings from third party investors | |||||||||||||||||||||||||||
proceeds from issuance of subsidiaries' shares | 0 | ||||||||||||||||||||||||||
other financing activities | 0 | ||||||||||||||||||||||||||
net cash (used for)/ provided by financing activities | -1,175,147,000 | ||||||||||||||||||||||||||
net increase/ (decrease) in cash, cash equivalents and restricted cash | -582,309,000 | ||||||||||||||||||||||||||
net cash provided/ (used for) by financing activities | -3,356,630,000 | -3,356,630,000 | |||||||||||||||||||||||||
net cash (used for)/provided by operating activities | 1,001,765,000 | -1,167,049,000 | |||||||||||||||||||||||||
net loss | 304,638,000 | ||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities | |||||||||||||||||||||||||||
amortization and impairment of intangible assets | |||||||||||||||||||||||||||
amortization and impairment of licensed copyrights | 1,920,226,000 | ||||||||||||||||||||||||||
impairment of long-lived assets | |||||||||||||||||||||||||||
gain on disposal of subsidiaries | 62,199,000 | ||||||||||||||||||||||||||
accretion on convertible senior notes and asset-backed debt securities | 30,968,000 | ||||||||||||||||||||||||||
interest and other investment expense | |||||||||||||||||||||||||||
amortization of deferred income | -3,451,000 | ||||||||||||||||||||||||||
acquisition of business, net of cash acquired | |||||||||||||||||||||||||||
repayments of convertible senior notes | |||||||||||||||||||||||||||
dividends paid by subsidiaries | -9,935,000 | ||||||||||||||||||||||||||
(reversal)/provision of credit loss | |||||||||||||||||||||||||||
interest and other investment income | |||||||||||||||||||||||||||
deferred income tax expenses | |||||||||||||||||||||||||||
acquisition of long-term investments with non-cash consideration | |||||||||||||||||||||||||||
net cash provided by/(used for) investing activities | -67,305,000 | -2,777,975,000 | |||||||||||||||||||||||||
adjustments to reconcile net loss to net cash provided by operating activities | |||||||||||||||||||||||||||
provision/(reversal) for credit loss | |||||||||||||||||||||||||||
loss on disposal of fixed assets | |||||||||||||||||||||||||||
fair value change of assets and liabilities remeasured at fair value on a recurring basis | |||||||||||||||||||||||||||
other non-cash expenses/ | |||||||||||||||||||||||||||
acquisition of licensed copyrights from related parties | |||||||||||||||||||||||||||
acquisition of licensed copyrights from third parties | |||||||||||||||||||||||||||
proceeds from long-term loans and borrowings from third party investors, net of issuance costs | |||||||||||||||||||||||||||
purchase of capped calls | |||||||||||||||||||||||||||
net cash (used for)/provided by investing activities | -2,777,975,000 | ||||||||||||||||||||||||||
assets | |||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||
short-term investments | 3,603,891,000 | 4,196,237,000 | |||||||||||||||||||||||||
total current assets | 15,563,502,000 | 17,691,992,000 | |||||||||||||||||||||||||
non-current assets: | |||||||||||||||||||||||||||
fixed assets | 1,463,733,000 | 1,660,408,000 | |||||||||||||||||||||||||
long-term investments | 3,710,782,000 | 3,745,872,000 | |||||||||||||||||||||||||
deferred tax assets | 66,673,000 | 62,748,000 | |||||||||||||||||||||||||
intangible assets | 661,683,000 | 711,855,000 | |||||||||||||||||||||||||
operating lease assets | 1,001,648,000 | 1,110,754,000 | |||||||||||||||||||||||||
goodwill | 3,888,346,000 | 3,888,346,000 | |||||||||||||||||||||||||
total non-current assets | 25,324,706,000 | 24,585,456,000 | |||||||||||||||||||||||||
total assets | 40,888,208,000 | 42,277,448,000 | |||||||||||||||||||||||||
liabilities, redeemable noncontrolling interests and shareholders’ equity | |||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||
accounts and notes payable | 7,455,954,000 | 7,691,757,000 | |||||||||||||||||||||||||
convertible senior notes, current portion | |||||||||||||||||||||||||||
short-term loans | 3,804,396,000 | 3,614,023,000 | |||||||||||||||||||||||||
long-term loans, current portion | 733,365,000 | 466,521,000 | |||||||||||||||||||||||||
operating lease liabilities, current portion | 197,673,000 | 183,508,000 | |||||||||||||||||||||||||
total current liabilities | 20,503,456,000 | 20,466,693,000 | |||||||||||||||||||||||||
non-current liabilities: | |||||||||||||||||||||||||||
long-term loans | 628,286,000 | 886,926,000 | |||||||||||||||||||||||||
convertible senior notes | 12,307,243,000 | 12,693,748,000 | |||||||||||||||||||||||||
deferred tax liabilities | 13,749,000 | 527,000 | |||||||||||||||||||||||||
operating lease liabilities | 757,882,000 | 725,501,000 | |||||||||||||||||||||||||
total non-current liabilities | 14,907,839,000 | 15,550,776,000 | |||||||||||||||||||||||||
total liabilities | 35,411,295,000 | 36,017,469,000 | |||||||||||||||||||||||||
redeemable noncontrolling interests | |||||||||||||||||||||||||||
shareholders’ equity: | |||||||||||||||||||||||||||
class a ordinary shares | 146,000 | 145,000 | |||||||||||||||||||||||||
class b ordinary shares | 183,000 | 183,000 | |||||||||||||||||||||||||
additional paid-in capital | 42,464,474,000 | 42,057,844,000 | |||||||||||||||||||||||||
accumulated deficit | -39,424,412,000 | -38,248,328,000 | |||||||||||||||||||||||||
accumulated other comprehensive income | 2,274,276,000 | 2,300,941,000 | |||||||||||||||||||||||||
non-controlling interests | 55,444,000 | 44,188,000 | |||||||||||||||||||||||||
total shareholders’ equity | 5,370,111,000 | 6,154,973,000 | |||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interests and shareholders’ equity | 40,888,208,000 | 42,277,448,000 | |||||||||||||||||||||||||
cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||
at beginning of period | 4,681,076,000 | 6,909,674,000 | 6,909,674,000 | ||||||||||||||||||||||||
at end of period | 5,279,976,000 | 4,681,076,000 | 4,681,076,000 | ||||||||||||||||||||||||
less: acquisition of licensed copyrights | |||||||||||||||||||||||||||
redeemable noncontrolling interests: | 106,802,000 | 105,006,000 | |||||||||||||||||||||||||
provision for credit losses | |||||||||||||||||||||||||||
accretion on convertible notes payable or convertible senior notes | |||||||||||||||||||||||||||
share of losses on equity method investments | |||||||||||||||||||||||||||
other investment and interest income | |||||||||||||||||||||||||||
deferred income tax benefit | |||||||||||||||||||||||||||
accrued expenses and other current liabilities | |||||||||||||||||||||||||||
film investment as passive investor | |||||||||||||||||||||||||||
proceeds from issuance of subsidiaries’ shares | |||||||||||||||||||||||||||
selected consolidated cash flow data: | |||||||||||||||||||||||||||
net cash (used in)/provided by financing activities | |||||||||||||||||||||||||||
impairment of licensed copyrights | |||||||||||||||||||||||||||
impairment of long-term investments | |||||||||||||||||||||||||||
provision for doubtful accounts | |||||||||||||||||||||||||||
(reversal)/provision for other assets | |||||||||||||||||||||||||||
loss on disposal of intangible assets | |||||||||||||||||||||||||||
share of loss on equity method investments | |||||||||||||||||||||||||||
fair value change of equity investments with no readily determinable fair values under the measurement alternative | |||||||||||||||||||||||||||
dividends receivable from a long term investment | |||||||||||||||||||||||||||
interest payables | |||||||||||||||||||||||||||
acquisition of licensed copyrights | |||||||||||||||||||||||||||
loans provided to related parties and third parties | |||||||||||||||||||||||||||
purchases of held-to-maturity investments | |||||||||||||||||||||||||||
maturities of held-to-maturity investments | |||||||||||||||||||||||||||
purchase of available-for-sale debt securities | |||||||||||||||||||||||||||
maturity of available-for-sale debt securities | |||||||||||||||||||||||||||
proceeds from loans from related parties | |||||||||||||||||||||||||||
proceeds from issuance of convertible notes to related parties | |||||||||||||||||||||||||||
proceeds from issuance of convertible notes to third parties | |||||||||||||||||||||||||||
proceeds from issuance of subsidiaries’ shares to non-controlling interest holders | |||||||||||||||||||||||||||
proceeds from initial public offering, net of issuance costs | |||||||||||||||||||||||||||
capital contribution from parent company | |||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | |||||||||||||||||||||||||||
net increase in cash and cash equivalents | |||||||||||||||||||||||||||
cash and cash equivalents at the beginning of the period | |||||||||||||||||||||||||||
cash and cash equivalents at the end of the period | |||||||||||||||||||||||||||
acquisition of licensed copyrights included in accounts payable and deferred revenue | |||||||||||||||||||||||||||
acquisition of licensed copyrights from nonmonetary content exchanges |
