v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
¥ in Thousands, $ in Thousands
Ordinary Shares
Class A Ordinary Shares
CNY (¥)
shares
Ordinary Shares
Class B Ordinary Shares
CNY (¥)
shares
Treasury Shares
CNY (¥)
shares
Additional Paid-in Capital
CNY (¥)
Accumulated Other Comprehensive Loss
CNY (¥)
Statutory Reserves
CNY (¥)
(Accumulated Deficit) Retained Earnings
CNY (¥)
Noncontrolling Interests
CNY (¥)
Class A Ordinary Shares
shares
Class B Ordinary Shares
shares
CNY (¥)
shares
USD ($)
shares
Balance at the beginning of period at Dec. 31, 2022 ¥ 1,188 ¥ 235 ¥ (84) ¥ 53,869,322 ¥ (194,110) ¥ 0 ¥ (8,817,850) ¥ 327,606     ¥ 45,186,307  
Balance at the beginning of period (in shares) at Dec. 31, 2022 | shares 1,728,765,894 355,812,080                    
Balance at the beginning of period (in shares) at Dec. 31, 2022 | shares     (130,224,082)                  
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                        
Exercise of share options and vesting of RSUs ¥ 0 ¥ 0 ¥ 15 16,288 0 0 0 0     16,303  
Exercise of share options and vesting of RSUs (in shares) | shares     23,166,744                  
Share-based compensation 0 0 ¥ 0 2,378,689 0 0 0 0     2,378,689  
Foreign currency translation adjustment, net of nil tax 0 0 0 0 (30,766) 0 0 0     (30,766)  
Issuance of ordinary shares as treasury shares ¥ 21 0 ¥ (21) 0 0 0 0 0        
Issuance of ordinary shares as treasury shares (in shares) | shares 29,300,000   (29,300,000)                  
Share issuance upon the at-the-market equity offering program (the "ATM Offering") ¥ 6 0 ¥ 0 1,215,558 0 0 0 0     1,215,564  
Share issuance upon the at-the-market equity offering program (the "ATM Offering") (in shares) | shares 8,142,294                      
Appropriation to statutory reserves ¥ 0 0 0 0 0 444,585 (444,585) 0        
Net income 0 0 0 0 0 0 11,704,133 104,992     11,809,125  
Balance at the end of period at Dec. 31, 2023 ¥ 1,215 ¥ 235 ¥ (90) 57,479,857 (224,876) 444,585 2,441,698 432,598     60,575,222  
Balance at the end of period (in shares) at Dec. 31, 2023 | shares 1,766,208,188 355,812,080                    
Balance at the end of period (in shares) at Dec. 31, 2023 | shares     (136,357,338)                  
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                        
Exercise of share options and vesting of RSUs ¥ 0 ¥ 0 ¥ 16 15,861 0 0 0 0     15,877  
Exercise of share options and vesting of RSUs (in shares) | shares     22,043,592                  
Share-based compensation 0 0 ¥ 0 2,630,905 0 0 0 0     2,630,905  
Foreign currency translation adjustment, net of nil tax 0 0 0 0 53,128 0 0 0     53,128  
Appropriation to statutory reserves 0 0 0 0 0 313,887 (313,887) 0     0  
Net income 0 0 0 0 0 0 8,032,350 12,900     8,045,250  
Balance at the end of period at Dec. 31, 2024 ¥ 1,215 ¥ 235 ¥ (74) 60,126,623 (171,748) 758,472 10,160,161 445,498     ¥ 71,320,382  
Balance at the end of period (in shares) at Dec. 31, 2024 | shares 1,766,208,188 355,812,080             1,766,208,188 355,812,080 2,007,706,522 2,007,706,522
Balance at the end of period (in shares) at Dec. 31, 2024 | shares     (114,313,746)                  
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                        
Exercise of share options and vesting of RSUs ¥ 0 ¥ 0 ¥ 15 15,596 0 0 0 0     ¥ 15,611  
Exercise of share options and vesting of RSUs (in shares) | shares     19,960,576               37,540,734 37,540,734
Share-based compensation 0 0 ¥ 0 1,257,754 0 0 0 0     ¥ 1,257,754  
Foreign currency translation adjustment, net of nil tax 0 0 0 0 (653,432) 0 0 0     (653,432)  
Capital injection by noncontrolling interests 0 0 0 0 0 0 0 60,000     60,000  
Issuance of ordinary shares as treasury shares ¥ 14 0 ¥ (14) 0 0 0 0 0     0  
Issuance of ordinary shares as treasury shares (in shares) | shares 18,862,000   (18,862,000)                  
Appropriation to statutory reserves ¥ 0 0 ¥ 0 0 0 108,242 (108,242) 0     0  
Net income 0 0 0 0 0 0 1,124,438 14,990     1,139,428 $ 162,935
Balance at the end of period at Dec. 31, 2025 ¥ 1,229 ¥ 235 ¥ (73) ¥ 61,399,973 ¥ (825,180) ¥ 866,714 ¥ 11,176,357 ¥ 520,488     ¥ 73,139,743 $ 10,458,845
Balance at the end of period (in shares) at Dec. 31, 2025 | shares 1,785,070,188 355,812,080             1,785,070,188 355,812,080 2,027,667,098 2,027,667,098
Balance at the end of period (in shares) at Dec. 31, 2025 | shares     (113,215,170)