PRINCIPAL RISKS (Details) ¥ in Millions, $ in Millions |
12 Months Ended | ||||
|---|---|---|---|---|---|
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Dec. 31, 2025
CNY (¥)
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Dec. 31, 2024
CNY (¥)
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Dec. 31, 2023 |
Dec. 31, 2025
USD ($)
|
Dec. 31, 2024
USD ($)
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| Credit risk | |||||
| PRINCIPAL RISKS | |||||
| Cash and cash equivalents and short-term investments | ¥ 6,416.9 | ¥ 4,713.9 | $ 915.9 | ||
| Credit risk | Outside PRC | |||||
| PRINCIPAL RISKS | |||||
| Cash and cash equivalents and short-term investments | ¥ 2,547.4 | $ 363.6 | $ 167.2 | ||
| Foreign currency exchange rate risk | |||||
| PRINCIPAL RISKS | |||||
| Appreciation of US$ against RMB | (4.00%) | 2.80% | 2.90% | ||
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- Definition Percentage of foreign currency appreciated or depreciated against the reporting currency. No definition available.
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- Definition Cash includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the customer may deposit additional funds at any time and effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid Investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Short-term investments, exclusive of cash equivalents, generally consist of marketable securities intended to be sold within one year (or the normal operating cycle if longer) and may include trading securities, available-for-sale securities, or held-to-maturity securities (if maturing within one year), as applicable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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