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Consolidated Statements Of Operations And Comprehensive (Loss) Income
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Dec. 31, 2021
CNY (¥)
¥ / shares
shares
Income Statement [Abstract]        
Net Revenues (including value added taxes, "VAT", of RMB2,620,355, RMB3,550,878 and RMB4,172,660 for the years ended December 31, 2021, 2022 and 2023, respectively) ¥ 8,436,159 $ 1,188,210 ¥ 6,733,644 ¥ 4,657,019
Operating expenses        
Cost of revenues (including VAT net of government grants, of RMB1,950,935, RMB2,539,297 and RMB3,121,010 for the years ended December 31, 2021, 2022 and 2023, respectively) (4,119,016) (580,151) (3,514,551) (2,539,998)
Sales and marketing expenses (1,239,191) (174,536) (902,269) (837,301)
General and administrative expenses (937,677) (132,069) (1,417,933) (4,271,152)
Research and development expenses (946,635) (133,331) (914,151) (729,668)
Provision for loans receivable (234,599) (33,043) (194,272) (97,658)
Total operating expenses (7,477,118) (1,053,130) (6,943,176) (8,475,777)
Other operating income 38,388 5,407 47,530 22,815
(Loss) Income from operations 997,429 140,487 (162,002) (3,795,943)
Other income (expense)        
Interest income 1,141,861 160,828 483,658 234,651
Interest expenses 0 0 (175) (40)
Foreign exchange (loss) gain (2,149) (303) 15,048 (15,468)
Investment income 55,621 7,834 5,411 28,317
Unrealized gains (losses) from fair value changes of investments and derivative assets 12,938 1,822 (63,390) 23,967
Other income, net 130,264 18,347 230,631 7,067
Impairment loss 0 0 0 (111,567)
Share of loss in equity method investees (2,067) (291) (1,246) (11,321)
Total other income 1,336,468 188,237 669,937 155,606
Net (loss) income before income tax 2,333,897 328,724 507,935 (3,640,337)
Income tax expense (106,804) (15,043) (96,035) (14,191)
Net (loss) income 2,227,093 313,681 411,900 (3,654,528)
Less: net (loss) income attributable to non-controlling interests (1,252) (176) 539 (80)
Less: measurement adjustment attributable to redeemable non- controlling interests 15,457 2,177 4,599 0
Net (loss) income attributable to Full Truck Alliance Co. Ltd. 2,212,888 311,680 406,762 (3,654,448)
Deemed dividend to convertible redeemable preferred shares 0 0 0 (518,432)
Net (loss) income attributable to ordinary shareholders ¥ 2,212,888 $ 311,680 ¥ 406,762 ¥ (4,172,880)
Net (loss) earnings per ordinary share:        
Basic, earnings per ordinary share | (per share) ¥ 0.1 $ 0.01 ¥ 0.02 ¥ (0.31)
Diluted, earnings per ordinary share | (per share) ¥ 0.1 $ 0.01 ¥ 0.02 ¥ (0.31)
Basic 21,111,924,886 21,111,924,886 21,517,856,981 13,445,972,280
Diluted 21,162,351,461 21,162,351,461 21,579,616,389 13,445,972,280
Net (loss) income ¥ 2,227,093 $ 313,681 ¥ 411,900 ¥ (3,654,528)
Other comprehensive (loss) income        
Foreign currency translation adjustments, net of tax of nil 386,701 54,466 1,972,520 (533,657)
Total comprehensive (loss) income 2,613,794 368,147 2,384,420 (4,188,185)
Less: comprehensive (loss) income attributable to non-controlling interests (1,252) (176) 539 (80)
Less: measurement adjustment attributable to redeemable non- controlling interests 15,457 2,177 4,599 0
Comprehensive (loss) income attributable to Full Truck Alliance Co. Ltd. 2,599,589 366,146 2,379,282 (4,188,105)
Deemed dividend to convertible redeemable preferred shares 0 0 0 (518,432)
Comprehensive (loss) income attributable to ordinary shareholders ¥ 2,599,589 $ 366,146 ¥ 2,379,282 ¥ (4,706,537)