Parent company only condensed financial information (Tables)

12 Months Ended

Dec. 31, 2024

Parent Company Only Condensed Financial Information [Abstract]

Summary of Investments Accounted for Using the Equity Method

(a)	Investments accounted for using the equity method


		For the year ended December 31,
		2022				2023				2024
		RMB’000				RMB’000				RMB’000
		(Restated)				(Restated)
Investments in subsidiaries and associates			105,158,810				101,196,485				88,408,748

			105,158,810				101,196,485				88,408,748

Summary of Detailed Information about Parent Company Condensed Statements of Comprehensive Income

Condensed Statements of Comprehensive Income


		For the year ended December 31,
		2022				2023				2024
		RMB’000				RMB’000				RMB’000
		(Restated)				(Restated)
Investment income			38,695				8,105				2,320
Income/(loss) from subsidiaries and VIEs			9,761,055				1,965,510				(2,903,090	)

Total income			9,799,750				1,973,615				(2,900,770	)

General and administrative expenses			(113,983	)			(155,610	)			(147,294	)
Credit impairment gains/(losses)			6,972				440				(743	)
Finance costs			(1,753,486	)			(1,003,183	)			(647,878	)
Other losses - net			(161,917	)			(5,638	)			(172,472	)

Total expenses			(2,022,414	)			(1,163,991	)			(968,387	)

Income/(loss) before income tax expenses			7,777,336				809,624				(3,869,157	)
Less: Income tax expenses			—				—				(1,463	)

Net profit/(loss) for the year			7,777,336				809,624				(3,870,620	)

Net profit/(loss) attributable to:
Owners of the Company			7,777,336				809,624				(3,870,620	)
Other comprehensive loss, net of tax:
-Exchange differences on translation of foreign operations			(1,581,252	)			(465,590	)			(119,656	)

Total comprehensive income/(loss) for the year			6,196,084				344,034				(3,990,276	)

Total comprehensive income/(loss) attributable to:
Owners of the Company			6,196,084				344,034				(3,990,276	)

Summary of Detailed Information about Parent Company Condensed Statements Of Financial Position

Condensed Statements of Financial Position


		December 31,				December 31,				December 31,
		2022				2023				2024
		RMB’000				RMB’000				RMB’000
		(Restated)				(Restated)
ASSETS
Cash at bank			1,644,302				68,371				1,475,210
Financial assets at fair value through profit or loss			767,636				—				65,437
Financial assets at amortized cost			155,602				—				—
Accounts and other receivables and contract assets			1,627,343				112,614				1,322,634
Investments accounted for using the equity method			105,158,810				101,196,485				88,408,748

Total assets			109,353,693				101,377,470				91,272,029

LIABILITIES
Borrowings			139,054				4,719,759				3,165,276
Accounts and other payables and contract liabilities			3,803,643				26,305				81,936
Convertible promissory notes payable			5,164,139				5,650,268				6,174,050
Optionally convertible promissory notes			8,142,908				—				—
Other liabilities			43,946				45,734				78,065

Total liabilities			17,293,690				10,442,066				9,499,327

EQUITY
Share capital			75				75				117
Share premium			32,073,874				32,142,233				27,027,846
Treasury shares			(5,642,769	)			(5,642,768	)			(5,642,768	)
Other reserves			3,771,768				1,769,185				1,591,448
Retained earnings			61,857,055				62,666,679				58,796,059

Total equity			92,060,003				90,935,404				81,772,702

Total liabilities and equity			109,353,693				101,377,470				91,272,029

Summary of Detailed Information about Parent Company Condensed Statements of Cash Flows

Condensed Statements of Cash Flows


		For the year ended December 31,
		2022				2023				2024
		RMB’000				RMB’000				RMB’000
		(Restated)				(Restated)
Cash flows from operating activities
Cash used in operating activities			166,134				(44,192	)			(61,440	)

Net cash generated from/(used in) operating activities			166,134				(44,192	)			(61,440	)

Cash flows from investing activities
Inter-company cash flow			—				(4,600	)			—
Capital contribution to consolidated entities			—				—				(736,585	)
Payment for advances to consolidated entities			(160,000	)			(948,295	)			(3,402,183	)
Receipts of repayments of the advances and capital return from consolidated entities			12,450,046				1,669,873				1,477,282
Proceeds and interest from sale of investment assets			419,538				774,498				235,135
Payment for acquisition of investment assets			(764,885	)			—				(347,971	)
Receipts of dividends from consolidated entities			—				5,744,880				11,450,000
Other investing activities			—				—				(861,014	)

Net cash generated from investing activities			11,944,699				7,236,356				7,814,664

Cash flows from financing activities
Proceeds from exercise of share-based payment			95,911				252				—
Proceeds from borrowings			134,228				4,069,584				2,238,818
Repayment of borrowings			(374,464	)			(140,564	)			(3,189,572	)
Repayment for advances to consolidated entities			—				(4,695,913	)			(918,812	)
Receipts of advances from consolidated entities			—				5,266,949				277,438
Repayment of convertible promissory notes payable			(3,747,386	)			(3,642,931	)			—
Repayment of optionally convertible promissory notes			—				(8,342,096	)			—
Refund of cash reserved for repurchase of ordinary shares			—				854,624				—
Payment for interest expenses			(621,246	)			(736,493	)			(306,045	)
Payment for dividend declared			(7,717,474	)			(1,435,461	)			(5,132,615	)
Proceeds from issuance of shares and other equity securities			—				—				2,172

Net cash used in financing activities			(12,230,431	)			(8,802,049	)			(7,028,616	)

Effect of exchange rate changes on cash and cash equivalents			(49,716	)			33,954				9,771
Net (decrease)/increase in cash and cash equivalents			(169,314	)			(1,575,931	)			734,379
Add: Cash and cash equivalents at the beginning of the year			1,813,616				1,644,302				68,371

Cash and cash equivalents at the end of the year			1,644,302				68,371				802,750