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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
¥ in Millions, $ in Millions
CNY (¥)
shares
USD ($)
shares
Total shareholders' equity
CNY (¥)
Ordinary Shares
CNY (¥)
shares
Additional paid-in capital
CNY (¥)
Treasury shares
CNY (¥)
Subscription receivables
CNY (¥)
Statutory reserves
CNY (¥)
Cumulative translation adjustments
CNY (¥)
Unrealized gains (losses) on interest rate swaps and others
CNY (¥)
Retained earnings
CNY (¥)
Noncontrolling interest
CNY (¥)
Balance at Mar. 31, 2022 ¥ 1,072,538   ¥ 948,479 ¥ 1 ¥ 410,506 ¥ (2,221) ¥ (46) ¥ 9,839 ¥ (33,184) ¥ 27 ¥ 563,557 ¥ 124,059
Balance (in shares) at Mar. 31, 2022 | shares       21,357,323,112                
Increase (Decrease) in Stockholders' Equity                        
Foreign currency translation adjustment, net of tax 22,329   21,234       (3)   21,236 1   1,095
Share of additional paid-in capital and other comprehensive income of equity method investees 458   462   (1,031)       1,472 21   (4)
Change in fair value of interest rate swaps under hedge accounting and others 10   10             10    
Net income for the year 65,208   72,783               72,783 (7,575)
Acquisition of subsidiaries 38                     38
Issuance of shares, including vesting of RSUs and early exercised options and exercise of share options 11   11   11              
Issuance of shares, including vesting of RSUs and early exercised options and exercise of share options (in shares) | shares       201,547,520                
Repurchase and retirement of ordinary shares (74,706)   (74,706)   (13,990) (26,542)         (34,174)  
Repurchase and retirement of ordinary shares (in shares) | shares       (1,039,252,920)                
Transactions with noncontrolling interests (2,314)   (3,987)   (3,987)             1,673
Amortization of compensation cost 30,596   25,134   25,134             5,462
Equity-settled donation 511   511   511              
Equity-settled donation, shares | shares       6,400,000                
Appropriation to statutory reserves               3,138     (3,138)  
Others (1,616)   (274)   (274)             (1,342)
Balance at Mar. 31, 2023 1,113,063   989,657 ¥ 1 416,880 (28,763) (49) 12,977 (10,476) 59 599,028 123,406
Balance (in shares) at Mar. 31, 2023 | shares       20,526,017,712                
Increase (Decrease) in Stockholders' Equity                        
Foreign currency translation adjustment, net of tax 13,499   13,005       (3)   13,006 2   494
Share of additional paid-in capital and other comprehensive income of equity method investees 682   682   (298)       981 (1)    
Change in fair value of interest rate swaps under hedge accounting and others (97)   (97)             (97)    
Net income for the year 71,151   80,009               80,009 (8,858)
Acquisition of subsidiaries 98                     98
Deconsolidation of subsidiaries 148   124           124     24
Issuance of shares, including vesting of RSUs and early exercised options and exercise of share options 842   842   842              
Issuance of shares, including vesting of RSUs and early exercised options and exercise of share options (in shares) | shares       192,305,904                
Repurchase and retirement of ordinary shares (89,076)   (89,076)   (29,313) 1,079         (60,842)  
Repurchase and retirement of ordinary shares (in shares) | shares       (1,249,196,660)                
Transactions with noncontrolling interests (6,724)   (1,375)   (1,375)             (5,349)
Amortization of compensation cost 17,393   11,531   11,531             5,862
Declaration of dividends (18,542)   (18,542)               (18,542)  
Appropriation to statutory reserves               1,756     (1,756)  
Others (566)   (216)   (268)   ¥ 52         (350)
Balance at Mar. 31, 2024 ¥ 1,101,871   986,544 ¥ 1 397,999 (27,684)   14,733 3,635 (37) 597,897 115,327
Balance (in shares) at Mar. 31, 2024 | shares 19,469,126,956 19,469,126,956   19,469,126,956                
Increase (Decrease) in Stockholders' Equity                        
Foreign currency translation adjustment, net of tax ¥ (168)   (182)           (183) 1   14
Share of additional paid-in capital and other comprehensive income of equity method investees 186   186   (53)       178 61    
Change in fair value of interest rate swaps under hedge accounting and others 82 $ 11 82             82    
Net investment hedges (344)   (344)           (344)      
Net income for the year 125,912   130,109               130,109 (4,197)
Acquisition of subsidiaries 587                     587
Deconsolidation of subsidiaries 16,251                     16,251
Issuance of shares, including vesting of RSUs and early exercised options and exercise of share options 8   8   8              
Issuance of shares, including vesting of RSUs and early exercised options and exercise of share options (in shares) | shares       202,166,984                
Repurchase and retirement of ordinary shares (85,650)   (85,650)   (25,020) (8,645)         (51,985)  
Repurchase and retirement of ordinary shares (in shares) | shares       (1,197,058,232)                
Transactions with noncontrolling interests (24,835)   794   794             (25,629)
Amortization of compensation cost 13,796   10,518   10,518             3,278
Declaration of dividends (29,340)   (29,340)             (29,340)    
Capped call transactions (4,612)   (4,612)   (4,612)              
Appropriation to statutory reserves               1,203     (1,203)  
Others (2,849)   1,745   1,745             (4,594)
Balance at Mar. 31, 2025 ¥ 1,078,393 $ 148,607 ¥ 1,009,858 ¥ 1 ¥ 381,379 ¥ (36,329)   ¥ 15,936 ¥ 3,286 ¥ 107 ¥ 645,478 ¥ 68,535
Balance (in shares) at Mar. 31, 2025 | shares 18,474,235,708 18,474,235,708   18,474,235,708