v3.26.1
CONSOLIDATED INCOME STATEMENTS - CNY (¥)
¥ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CONSOLIDATED INCOME STATEMENTS      
Revenues ¥ 226,701,433 ¥ 206,798,631 ¥ 192,379,918
Cost of revenues (183,196,860) (168,993,092) (162,915,978)
Operations and support (8,420,149) (7,903,989) (7,416,322)
Sales and marketing (16,822,420) (11,514,057) (10,432,812)
Research and development (8,440,101) (7,753,961) (8,933,956)
General and administrative (15,087,480) (8,862,770) (8,367,256)
Other operating income (loss), net 1,636,112 171,677 2,847,949
Operating profit (loss) (3,629,465) 1,942,439 (2,838,457)
Investment income (loss), net 479,790 (895,311) 92,062
Share of profit (loss) of equity method investees 273,915 243,435 563,698
Interest income 1,988,031 2,230,435 2,303,402
Finance (costs) income, net 86,636 (1,341,937) 87,003
Fair value changes of preferred shares and other financial instruments issued by subsidiaries 189,824 (924,403) (4,870,388)
Profit (loss) before income tax (611,269) 1,254,658 (4,662,680)
Income tax benefit (expense) 1,616,425 20,130 (89,749)
Profit (loss) for the year 1,005,156 1,274,788 (4,752,429)
Attributable to:      
Equity holders of the Company 992,647 1,258,329 (4,793,564)
Non-controlling interests 12,509 16,459 41,135
Profit (loss) for the year ¥ 1,005,156 ¥ 1,274,788 ¥ (4,752,429)
Earnings (loss) per share for profit (loss) attributable to equity holders of the Company (in RMB per share)      
- basic ¥ 0.83 ¥ 1.03 ¥ (3.91)
-diluted 0.81 1.01 (3.91)
ADR      
Earnings (loss) per share for profit (loss) attributable to equity holders of the Company (in RMB per share)      
- basic 0.21 0.26 (0.98)
-diluted ¥ 0.2 ¥ 0.25 ¥ (0.98)