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Net Loss Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share
19.
NET LOSS PER SHARE

Basic and diluted net loss per share for the years ended December 31, 2020, 2021 and 2022 are calculated as follows:

 

 

For the year ended December 31,

 

 

2020

 

2021

 

2022

 

 

Ordinary
shares

 

Class A

 

Class B

 

Class A

 

Class B

 

 

RMB

 

RMB

 

RMB

 

RMB

 

US$

 

RMB

 

US$

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

(3,176,914

)

 

(4,628,133

)

 

(1,800,926

)

 

(671,187

)

 

(97,313

)

 

(135,696

)

 

(19,674

)

Accretion of redeemable
   convertible preferred shares

 

(320,301

)

 

(207,598

)

 

(80,782

)

 

 

 

 

 

 

 

 

Accretion of redeemable
   noncontrolling interests

 

 

 

 

 

 

 

(6,230

)

 

(903

)

 

(1,260

)

 

(183

)

Numerator for computing basic and
   diluted net loss per share

 

(3,497,215

)

 

(4,835,731

)

 

(1,881,708

)

 

(677,417

)

 

(98,216

)

 

(136,956

)

 

(19,857

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of
   ordinary shares outstanding

 

63,690,000

 

 

140,170,091

 

 

54,543,800

 

 

269,787,113

 

 

269,787,113

 

 

54,543,800

 

 

54,543,800

 

Loss per share (RMB):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net loss per share:

 

(54.91

)

 

(34.50

)

 

(34.50

)

 

(2.51

)

 

(0.36

)

 

(2.51

)

 

(0.36

)

 

29,633,200 and 29,701,893 Class A ordinary shares held by the Offshore ESOP Platforms as of December 31, 2021 and 2022 are considered issued but not outstanding (Note 14) and therefore, not included in the calculation of basic and diluted net loss per share.

Following the Share Subdivision on June 8, 2021 as disclosed in Note 13, each issued and outstanding ordinary share and redeemable convertible preferred share was subdivided into fifty ordinary shares and redeemable convertible preferred shares, respectively. The weighted average number of ordinary shares used for the calculation of basic and diluted net loss per share for the year ended December 31, 2020 have been retrospectively adjusted.