v3.26.1
Segment Information - Schedule of segment expenses and other segment items (Details)
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Dec. 31, 2023
CNY (¥)
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.