v3.26.1
Accounts Receivable, net
12 Months Ended
Dec. 31, 2025
Accounts Receivable, net  
Accounts Receivable, net

3.

Accounts Receivable, net

Accounts receivable, net is consisted of the following:

  ​ ​ ​

December 31, 2024

  ​ ​ ​

December 31, 2025

RMB

RMB

Up to three months

 

255,252

 

438,588

Three to six months

 

1,300

 

2,829

Six to twelve months

 

6,476

 

115

Above one year

 

824

 

1,588

Accounts receivable, gross:

 

263,852

 

443,120

Less: allowance for credit losses

 

(2,894)

 

(1,706)

Accounts receivable, net

 

260,958

 

441,414

The following table summarizes the movement of the Group’s allowance for current expected credit losses:

For the year ended December 31, 

  ​ ​ ​

2023

  ​ ​ ​

2024

  ​ ​ ​

2025

RMB

RMB

RMB

Balance at the beginning of the year

 

(506)

(596)

 

(2,894)

Additions

 

(90)

(14,620)

 

(292)

Reversals

 

12,322

 

1,480

Balance at the end of the year

 

(596)

(2,894)

 

(1,706)