v3.26.1
Partly-Owned Subsidiaries with Material Non-Controlling Interests (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure Of Non controlling Interest [Abstract]  
Summary of interests in subsidiaries
Details of the Group’s subsidiaries that have material
non-controlling
interests are set out below:
 
 
  
For the year ended December 31,
 
 
  
2023
 
 
2024
 
 
2025
 
 
  
RMB’000
 
 
RMB’000
 
 
RMB’000
 
Percentage of equity interest held by
non-controlling
interests:
  
 
 
Zhongshi Credit Management Co., Ltd.
     10 %      10 %      10 % 
Ping An Consumer Finance Co., Ltd.
     30 %      30 %      30 % 
  
 
 
   
 
 
   
 
 
 
Net profit/(loss) for the year allocated to
non-controlling
interests:
      
Zhongshi Credit Management Co., Ltd.
     (4,147 )      (33,157 )      28,845  
Ping An Consumer Finance Co., Ltd.
     147,078       305,160       359,504  
  
 
 
   
 
 
   
 
 
 
 
 
  
December 31,
 
  
December 31,
 
  
December 31,
 
 
  
2023
 
  
2024
 
  
2025
 
 
  
RMB’000
 
  
RMB’000
 
  
RMB’000
 
Accumulated balances of
non-controlling
interests at the reporting date:
  
  
  
Zhongshi Credit Management Co., Ltd.
     16,962       (16,196 )      12,649  
Ping An Consumer Finance Co., Ltd.
     1,531,485       1,838,074       2,197,579  
  
 
 
    
 
 
    
 
 
 
Summary of financial information of subsidaries
The following tables illustrate the summarized financial information of the above subsidiaries for the year then ended. The amounts disclosed are before any inter-company eliminations:
 
 
  
Zhongshi Credit Management Co., Ltd.
 
  
Ping An Consumer Finance Co., Ltd.
 
2023
  
  
Revenue
     611,280       3,530,998  
Total expenses
     658,324       2,889,025  
  
 
 
   
 
 
 
2024
    
Revenue
     206,301       4,311,091  
Total expenses
     639,791       2,962,464  
  
 
 
   
 
 
 
2025
    
Revenue
     824,481       4,491,427  
Total expenses
     435,647       2,892,871