v3.25.2
Accounts Receivable
12 Months Ended
Dec. 31, 2024
Accounts Receivable  
Accounts Receivable

7.Accounts Receivable

    

As of December 31,

    

2023

    

2024

    

2024

RMB

RMB

US$

Accounts receivable

482,365

302,465

41,438

Less: allowance for credit losses

(6,373)

(6,752)

(925)

Accounts receivable, net

475,992

295,713

40,513

The following table presents the movement in the allowance for credit losses:

    

As of December 31,

    

2023

    

2024

    

2024

RMB

RMB

US$

Balance at beginning of year

(7,131)

 

(6,373)

 

(873)

Additions

 

(911)

(125)

Reversals

758

532

73

Balance at end of year

(6,373)

 

(6,752)

 

(925)

RMB79,296 (US$10,861) due from a third party which represents the current portion of the long-term receivable disclosed in Note 13 is included in the balance of accounts receivable as of December 31, 2024. All the Company’s accounts receivable as of December 31, 2023 and 2024 are aged within 90 days.