v3.26.1
Consolidated Statements of Changes in Shareholders' Equity
¥ in Millions, $ in Millions
CNY (¥)
shares
USD ($)
shares
Ordinary shares
CNY (¥)
shares
Treasury stock
CNY (¥)
shares
Additional paid-in capital
CNY (¥)
Statutory reserves
CNY (¥)
Accumulated other comprehensive income/(loss)
CNY (¥)
Retained earnings
CNY (¥)
Non-controlling interests
CNY (¥)
Balance at Dec. 31, 2022 ¥ 273,533   ¥ 0 [1] ¥ (2,493) ¥ 184,041 ¥ 3,473 ¥ (959) ¥ 29,304 ¥ 60,167
Balance (in shares) at Dec. 31, 2022 | shares     3,179,673,067            
Balance (in shares) at Dec. 31, 2022 | shares       (43,993,820)          
Increase (Decrease) in Stockholders' Equity                  
Issuance of ordinary shares 472   ¥ 0   472        
Issuance of ordinary shares (in shares) | shares     3,761,270 0          
Dividends (6,784)             (6,784)  
Repurchase of ordinary shares (2,497)     ¥ (2,497)          
Repurchase of ordinary shares (in shares) | shares       (22,678,980)          
Exercise of share-based awards 47     ¥ 120 (73)        
Exercise of share-based awards (in shares) | shares       1,485,726          
Share-based compensation and vesting of share-based awards 4,872     ¥ 1,461 453       2,958
Share-based compensation and vesting of share-based awards (in shares) | shares       19,416,652          
Net income/(loss) 23,257             24,167 (910)
Translation adjustments and hedge of net investments in foreign operations, net of tax 1,374           1,862   (488)
Statutory reserves           2,636   (2,636)  
Change of the capital from non-controlling interest shareholders 1,491       (690)       2,181
Others 1       1        
Balance at Dec. 31, 2023 295,766   ¥ 0 [1] ¥ (3,409) 184,204 6,109 903 44,051 63,908
Balance (in shares) at Dec. 31, 2023 | shares     3,183,434,337            
Balance (in shares) at Dec. 31, 2023 | shares       (45,770,422)          
Increase (Decrease) in Stockholders' Equity                  
Issuance of ordinary shares 474   ¥ 0 [1] ¥ 0 [1] 474        
Issuance of ordinary shares (in shares) | shares     4,119,434 0          
Dividends (8,258)             (8,258)  
Repurchase of ordinary shares (25,912)     ¥ (25,912)          
Repurchase of ordinary shares (in shares) | shares       (255,278,178)          
Exercise of share-based awards 12     ¥ 12 0        
Exercise of share-based awards (in shares) | shares       122,670          
Share-based compensation and vesting of share-based awards 2,935     ¥ 1,570 (589)       1,954
Share-based compensation and vesting of share-based awards (in shares) | shares       16,805,414          
Net income/(loss) 44,660             41,359 3,301
Translation adjustments and hedge of net investments in foreign operations, net of tax 1,020           518   502
Statutory reserves           579   (579)  
Change of the capital from non-controlling interest shareholders (682)       (951)       269
Acquisition of subsidiaries and assets 3,532               3,532
Others (734)       (734)        
Balance at Dec. 31, 2024 ¥ 312,813   ¥ 0 [1] ¥ (27,739) 182,404 6,688 1,421 76,573 73,466
Balance (in shares) at Dec. 31, 2024 | shares     3,187,553,771            
Balance (in shares) at Dec. 31, 2024 | shares (284,120,516) (284,120,516)   (284,120,516)          
Increase (Decrease) in Stockholders' Equity                  
Dividends ¥ (10,318)             (10,318)  
Repurchase of ordinary shares (21,430)     ¥ (21,430)          
Repurchase of ordinary shares (in shares) | shares       (183,239,462)          
Cancellation of Class A ordinary shares     ¥ 0 [1] ¥ 38,877 (38,877)        
Cancellation of Class A ordinary shares (in shares) | shares     (369,258,738) 369,258,738          
Exercise of share-based awards 32     ¥ 41 (9)        
Exercise of share-based awards (in shares) | shares       352,086          
Share-based compensation and vesting of share-based awards 4,716     ¥ 2,377 1,060       1,279
Share-based compensation and vesting of share-based awards (in shares) | shares       21,301,372          
Net income/(loss) 23,142 $ 3,309           19,631 3,511
Translation adjustments and hedge of net investments in foreign operations, net of tax (3,308)           (2,596)   (712)
Statutory reserves           929   (929)  
Change of the capital from non-controlling interest shareholders (4,215)       4,586       (8,801)
Share of changes in the equity method investee's capital (7,649)       (7,649)        
Balance at Dec. 31, 2025 ¥ 293,783 $ 42,010 ¥ 0 [1] ¥ (7,874) ¥ 141,515 ¥ 7,617 ¥ (1,175) ¥ 84,957 ¥ 68,743
Balance (in shares) at Dec. 31, 2025 | shares     2,818,295,033            
Balance (in shares) at Dec. 31, 2025 | shares (76,447,782) (76,447,782)              
[1] Absolute value is less than RMB1 million or US$1 million.