v3.26.1
PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION - Condensed statements of comprehensive income (Details)
¥ in Thousands, $ in Thousands
12 Months Ended 36 Months Ended
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Dec. 31, 2023
CNY (¥)
Dec. 31, 2025
CNY (¥)
Operating(loss)/income          
General and administrative expenses ¥ (3,057,020) $ (436,324) ¥ (2,420,462) ¥ (1,829,651)  
Sales and marketing expenses (2,595,705) (370,482) (1,920,305) (1,286,523)  
Losses and expenses related to Fabricated Transactions and restructuring (7,013) (1,001) 149,583 28,515  
Foreign exchange gain/(loss), net (26,747) (3,818) (13,239) 2,968  
Other expenses, net 80,808 11,534 84,161 62,283  
Interest and financing expenses (125) (18) (3,924)    
Provision for equity litigants settlement (35,326) (5,042)   (92,192)  
Income before income taxes 5,280,175 753,632 3,726,262 3,102,164  
Net income attributable to the Company's ordinary shareholders 3,600,382 513,877 2,955,709 2,844,037  
Net income attributable to the Company's ordinary shareholders 3,600,382 513,877 2,955,709 2,844,037  
Other comprehensive income/(loss), net of tax of nil:          
Foreign currency translation difference, net of tax of nil (106,894) (15,257) 41,592 (360)  
Total comprehensive income attributable to the Company's ordinary shareholders 3,493,488 498,620 2,997,301 2,843,677  
Foreign currency translation adjustments, tax         ¥ 0
Parent Company | Reportable Legal Entities          
Operating(loss)/income          
General and administrative expenses (45,034) (6,428) (33,002) (46,722)  
Sales and marketing expenses (586) (84) (309) (566)  
Losses and expenses related to Fabricated Transactions and restructuring (8,608) (1,229) 149,946 32,422  
Foreign exchange gain/(loss), net (22,954) (3,276) 6,007 3,320  
Share of income from subsidiaries and VIE 3,684,441 525,875 2,833,727 2,945,299  
Interest and investment income 38,067 5,433 17,915 2,476  
Other expenses, net     (18,575)    
Interest and financing expenses (9,618) (1,373)      
Provision for equity litigants settlement (35,326) (5,042)   (92,192)  
Income before income taxes 3,600,382 513,876 2,955,709 2,844,037  
Net (loss)/income 3,600,382 513,876 2,955,709 2,844,037  
Net income attributable to the Company's ordinary shareholders 3,600,382 513,876 2,955,709 2,844,037  
Net income attributable to the Company's ordinary shareholders 3,600,382 513,876 2,955,709 2,844,037  
Other comprehensive income/(loss), net of tax of nil:          
Foreign currency translation difference, net of tax of nil (106,894) (15,257) 41,592 (360)  
Total comprehensive income attributable to the Company's ordinary shareholders 3,493,488 $ 498,619 2,997,301 2,843,677  
Other comprehensive income/(loss), tax 0   0 0  
Foreign currency translation adjustments, tax ¥ 0   ¥ 0 ¥ 0