XML 70 R41.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Loans Receivable, Net (Tables)
12 Months Ended
Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Summary of Accounts, Notes, Loans and Financing Receivable
The following table presents loan principal and accrued interests as of December 31, 2022 and 2023:
 
    
As of December 31,
 
    
2022
    
2023
 
    
RMB
    
RMB
 
Loans receivable
     2,750,808        3,675,492  
Less: allowance for loan losses
     (102,359      (154,420
  
 
 
    
 
 
 
Loans receivable, net
     2,648,449        3,521,072  
  
 
 
    
 
 
 
Summary of Financing Receivable Past Due
The following table presents the aging of loans as of December 31, 2022 and 2023:
 
 
  
0-30

days
past due
 
  
31-60

days
past due
 
  
61-90
days
past due
 
  
Over 90
days
past due
 
  
Total
amount
past due
 
  
Current
 
  
Total loans
 
December 31, 2022 (RMB)
     31,206        21,398        20,817        60,353        133,774        2,617,034        2,750,808  
December 31, 2023 (RMB)
     39,609        21,041        17,651     
 
81,659

 
 
  159,960        3,515,532        3,675,492  
Summary of Financing Receivable Allowance for Credit Loss
Movement of allowance for loan losses is as follows:
 
    
Years ended December 31,
 
    
2021
    
2022
    
2023
 
    
RMB
    
RMB
    
RMB
 
Balance at beginning of year
     (40,401      (65,117      (102,359
Provisions for loan losses
     (97,658      (194,272      (234,599
Write-off
     72,942        157,030        182,538  
  
 
 
    
 
 
    
 
 
 
Balance at end of year
  
 
(65,117
  
 
(102,359
  
 
(154,420