v3.26.1
Income Tax - Deferred tax assets and liabilities (Details) - CNY (¥)
¥ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Accrued payroll and expense ¥ 269,836 ¥ 270,887
Net loss carryforward 379,462 375,482
Financial subsidy 107,615 44,468
Depreciation for property and equipment 255,808 201,282
Provision for allowance for credit losses 156,255 151,878
Deferred tax assets in subtotal 1,168,976 1,043,997
Valuation allowance on deferred tax assets (65,321) (59,430)
Total deferred tax assets 1,103,655 984,567
Deferred tax liabilities:    
Difference in basis of land use rights (104,662) (107,612)
Difference in basis of property and equipment (404,373) (447,865)
Difference in basis of intangible assets (9,357) (2,836)
Unrealized gain from intragroup transactions (28,673)  
Unrealized investment gain (2,940) (2,744)
Dividend withholding tax (65,068) (453,488)
Total deferred tax liabilities ¥ (615,073) ¥ (1,014,545)