v3.25.1
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, 2021 ¥ 1,176 ¥ 235 ¥ (89) ¥ 49,390,486 ¥ (1,521,871)   ¥ (6,805,635) ¥ 0     ¥ 41,064,302  
Balance at the beginning of period (in shares) at Dec. 31, 2021 | shares 1,709,903,330 355,812,080                    
Balance at the beginning of period (in shares) at Dec. 31, 2021 | shares     (136,152,984)                  
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                        
Exercise of share options and vesting of RSUs ¥ 0 ¥ 0 ¥ 5 3,972 0   0 0     3,977  
Exercise of share options and vesting of RSUs (in shares) | shares     5,928,902                  
Share-based compensation 0 0 ¥ 0 2,053,165 0   0 0     2,053,165  
Foreign currency translation adjustment, net of tax 0 0 0 0 1,327,761   0 0     1,327,761  
Capital injection by noncontrolling interests 0 0 0 0 0   0 347,739     347,739  
Share issuance, net of issuance costs ¥ 12 0 0 2,421,699 0   0 0     2,421,711  
Share issuance, net of issuance costs (in shares) | shares 18,862,564                      
Net income (loss) ¥ 0 0 0 0 0   (2,012,215) (20,133)     (2,032,348)  
Balance at the end 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 end of period (in shares) at Dec. 31, 2022 | shares 1,728,765,894 355,812,080                    
Balance at the end 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 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     0  
Issuance of ordinary shares as treasury shares (in shares) | shares     (29,300,000)                  
Issuance of ordinary shares as treasury shares (in shares) | shares 29,300,000                      
Share issuance, net of issuance costs ¥ 6 0 ¥ 0 1,215,558 0 0 0 0     1,215,564  
Share issuance, net of issuance costs (in shares) | shares 8,142,294                      
Appropriation to statutory reserves ¥ 0 0 0 0 0 444,585 (444,585) 0     0  
Net income (loss) 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             1,766,208,188 355,812,080 1,985,662,930 1,985,662,930
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               30,835,538 30,835,538
Share-based compensation 0 0 ¥ 0 2,630,905 0 0 0 0     ¥ 2,630,905  
Foreign currency translation adjustment, net of tax 0 0 0 0 53,128 0 0 0     53,128  
Issuance of ordinary shares as treasury shares (in shares) | shares                 63,300,000      
Appropriation to statutory reserves 0 0 0 0 0 313,887 (313,887) 0     0  
Net income (loss) 0 0 0 0 0 0 8,032,350 12,900     8,045,250 $ 1,102,195
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 $ 9,770,853
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)