Parent company only condensed financial information (Tables)

12 Months Ended

Mar. 31, 2024

Condensed Financial Information Disclosure [Abstract]

Schedule of condensed balance sheet

Condensed Balance Sheets

	As of March 31,
	2023			2024
	RMB			RMB
	(in millions)
Cash and cash equivalents		576			1,114
Amounts due from subsidiaries		99,536			49,096
Prepayments and other assets		868			527
Interest in subsidiaries and VIEs		1,123,451			1,180,705
Total assets		1,224,431			1,231,442
Current unsecured senior notes		4,800			16,252
Amounts due to subsidiaries		103,507			110,867
Accrued and other liabilities		2,009			2,862
Non-current bank borrowings		27,393			28,828
Non-current unsecured senior notes		97,065			86,089
Total liabilities		234,774			244,898
Ordinary shares		1			1
Additional paid-in capital		416,880			397,999
Treasury shares, at cost		(28,763	)		(27,684	)
Subscription receivables		(49	)		—
Statutory reserves		12,977			14,733
Accumulated other comprehensive (loss) income		(10,417	)		3,598
Retained earnings		599,028			597,897
Total shareholders’ equity		989,657			986,544
Total liabilities and equity		1,224,431			1,231,442

Schedule of condensed statement of comprehensive Income

Condensed Statements of Comprehensive Income

	For the year ended March 31,
	2022			2023			2024
	RMB			RMB			RMB
	(in millions)
Total cost and expenses		(444	)		(846	)		(327	)
Income from subsidiaries and VIEs		63,745			84,000			86,057
Income from operations		63,301			83,154			85,730
Interest expense		(3,976	)		(4,696	)		(5,415	)
Other income and expenses		2,634			(5,949	)		(574	)
Net income		61,959			72,509			79,741
Other comprehensive (loss) income		(13,616	)		23,379			14,340
Total comprehensive income		48,343			95,888			94,081

27.Parent company only condensed financial information (Continued)

Schedule of condensed statement of cash flows

Condensed Statements of Cash Flows

	Year ended March 31,
	2022			2023			2024
	RMB			RMB			RMB
	(in millions)
Net cash (used in) provided by operating activities		(4,739	)		71,885			93,308
Cash flows from investing activities:
(Advances to and investments in) Repayments from subsidiaries and VIEs, and others		(20,188	)		(12,290	)		11,838
Net cash (used in) provided by investing activities		(20,188	)		(12,290	)		11,838
Cash flows from financing activities:
Issuance of ordinary shares		109			11			843
Advances from subsidiaries		95,621			15,296			6,195
Repurchase of ordinary shares		(61,225	)		(74,746	)		(88,745	)
Dividend distribution		—			—			(17,946	)
Repayment of unsecured senior notes		(9,585	)		—			(5,013	)
Net cash provided by (used in) financing activities		24,920			(59,439	)		(104,666	)
Effect of exchange rate changes on cash and cash equivalents		(36	)		33			58
(Decrease) Increase in cash and cash equivalents		(43	)		189			538
Cash and cash equivalents at the beginning of the year		430			387			576
Cash and cash equivalents at the end of the year		387			576			1,114