v3.26.1
CONSOLIDATED BALANCE SHEETS
¥ in Millions, $ in Millions
Mar. 31, 2026
CNY (¥)
Mar. 31, 2026
USD ($)
Mar. 31, 2025
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 131,530 $ 19,068 ¥ 145,487
Short-term investments 155,310 22,515 228,826
Restricted cash and escrow receivables 42,038 6,094 43,781
Equity securities and other investments 30,054 4,357 53,780
Prepayments, receivables and other assets 251,837 36,509 202,175
Total current assets 610,769 88,543 674,049
Equity securities and other investments 449,942 65,228 356,818
Prepayments, receivables and other assets 94,996 13,772 83,431
Investments in equity method investees 206,803 29,980 210,169
Property and equipment, net 282,699 40,983 203,348
Intangible assets, net 16,983 2,462 20,911
Goodwill 247,378 35,862 255,501
Total assets 1,909,570 276,830 1,804,227
Current liabilities:      
Current bank borrowings 28,224 4,092 22,562
Income tax payable 10,630 1,541 11,638
Accrued expenses, accounts payable and other liabilities 359,893 52,173 332,537
Merchant deposits 236 34 274
Deferred revenue and customer advances 77,415 11,223 68,335
Total current liabilities 476,398 69,063 435,346
Deferred revenue 4,885 708 4,536
Deferred tax liabilities 46,060 6,678 48,454
Non-current bank borrowings 47,450 6,879 49,909
Non-current unsecured senior notes 117,485 17,032 122,398
Non-current convertible unsecured senior notes 55,861 8,098 35,834
Non-current exchangeable bonds 10,976 1,591 0
Other liabilities 24,185 3,506 17,644
Total liabilities 783,300 113,555 714,121
Commitments and contingencies
Mezzanine equity 7,845 1,137 11,713
Shareholders' equity:      
Ordinary shares, US$0.000003125 par value; 32,000,000,000 shares authorized as of March 31, 2025 and 2026; 18,474,235,708 and 18,580,374,278 shares issued and outstanding as of March 31, 2025 and 2026 respectively 1 0 1
Additional paid-in capital 385,086 55,826 381,379
Treasury shares, at cost (36,141) (5,239) (36,329)
Statutory reserves 16,628 2,410 15,936
Accumulated other comprehensive income (loss)      
Cumulative translation adjustments (13,404) (1,943) 3,286
Unrealized gains on interest rate swaps and others 334 48 107
Retained earnings 708,382 102,694 645,478
Total shareholders' equity 1,060,886 153,796 1,009,858
Noncontrolling interests 57,539 8,342 68,535
Total equity 1,118,425 162,138 1,078,393
Total liabilities, mezzanine equity and equity ¥ 1,909,570 $ 276,830 ¥ 1,804,227