Segment Information - Schedule of segment expenses and other segment items (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
|---|---|---|---|---|
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Dec. 31, 2025
CNY (¥)
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Dec. 31, 2025
USD ($)
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Dec. 31, 2024
CNY (¥)
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Dec. 31, 2023
CNY (¥)
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| Segment Information | ||||
| Revenues | ¥ 49,098,667 | $ 7,021,016 | ¥ 44,280,720 | ¥ 38,418,915 |
| Less: | ||||
| Loss/(gain) on disposal of equity investees, subsidiaries and others | 37,034 | 5,296 | (10,518) | 5,485 |
| Impairment of investment in equity investees | 931,367 | |||
| Impairment of goodwill | 84,431 | 12,073 | 0 | 0 |
| Net income | 9,235,661 | $ 1,320,684 | 8,887,595 | 8,754,457 |
| Single reportable segment | ||||
| Segment Information | ||||
| Revenues | 49,098,667 | 44,280,720 | 38,418,915 | |
| Less: | ||||
| Line-haul transportation cost | 13,970,542 | 13,966,446 | 13,591,627 | |
| Sorting hub cost | 9,837,678 | 9,163,784 | 8,253,522 | |
| Freight forwarding cost | 760,308 | 828,270 | 854,533 | |
| Cost of accessories sold | 577,950 | 651,729 | 513,391 | |
| Other costs | 11,680,748 | 5,953,399 | 3,543,316 | |
| Selling, general and administrative excluding Share-based compensation expense | 2,408,310 | 2,371,325 | 2,170,277 | |
| Share-based compensation expense | 229,250 | 318,692 | 254,976 | |
| Loss/(gain) on disposal of equity investees, subsidiaries and others | (37,034) | 10,518 | (5,485) | |
| Impairment of investment in equity investees | 931,367 | |||
| Impairment of goodwill | 84,431 | |||
| Other segment items | 350,823 | 1,197,595 | 488,301 | |
| Net income | ¥ 9,235,661 | ¥ 8,887,595 | ¥ 8,754,457 | |
| Other segment items - Description | (1) Other costs mainly include information technology related cost, pickup and dispatching costs paid to network partners associated with serving enterprise customers, and business tax surcharges. (2) Other segment items primarily include other operating income, net, interest income, interest expenses, gain from fair value changes of financial instruments and income tax expense as reported in the consolidated statements of comprehensive income. | (1) Other costs mainly include information technology related cost, pickup and dispatching costs paid to network partners associated with serving enterprise customers, and business tax surcharges. (2) Other segment items primarily include other operating income, net, interest income, interest expenses, gain from fair value changes of financial instruments and income tax expense as reported in the consolidated statements of comprehensive income. | (1) Other costs mainly include information technology related cost, pickup and dispatching costs paid to network partners associated with serving enterprise customers, and business tax surcharges. (2) Other segment items primarily include other operating income, net, interest income, interest expenses, gain from fair value changes of financial instruments and income tax expense as reported in the consolidated statements of comprehensive income. | (1) Other costs mainly include information technology related cost, pickup and dispatching costs paid to network partners associated with serving enterprise customers, and business tax surcharges. (2) Other segment items primarily include other operating income, net, interest income, interest expenses, gain from fair value changes of financial instruments and income tax expense as reported in the consolidated statements of comprehensive income. |
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- Definition Amount of expense for award under share-based payment arrangement. Excludes amount capitalized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Cost of material used for good produced and service rendered. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of gain (loss) on sale or disposal of equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of impairment loss from asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Other costs incurred during the reporting period related to other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- References No definition available.
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- Definition Amount of other expense (income) and loss (gain) calculated as difference between segment revenue and separately disclosed expense category to arrive at segment profit (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Description of composition of other segment item not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition This item represents an other than temporary decline in value that has been recognized against an investment accounted for under the equity method of accounting, including equity securities without readily determinable fair values. The excess of the carrying amount over the fair value of the investment represents the amount of the write down which is or was reflected in earnings. The written down value is a new cost basis with the adjusted value of the investment becoming its new carrying value subject to the equity accounting method. Evidence of a loss in value might include, but would not necessarily be limited to, absence of an ability to recover the carrying amount of the investment or inability of the investee to sustain an earnings capacity which would justify the carrying amount of the investment. No definition available.
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- Definition The amount of freight forwarding costs incurred by the entity during the reporting period. No definition available.
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- Definition The amount of line haul transportation costs incurred by the entity, including payments to outsourced transportation companies, as well as costs associated with the company's own transportation infrastructure, including labor costs of truck drivers, depreciation of self-owned trucks, airfare cost, fuel cost, and road toll during the reporting period. No definition available.
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses except share based compensation costs. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. No definition available.
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- Definition The amount of expense incurred by the entity related to sorting hub, including labor costs, land lease costs, depreciation and amortization of properties and other operating costs during the reporting period. No definition available.
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- Details
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