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Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Dec. 31, 2024
CNY (¥)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 5,810,347 $ 796,014 ¥ 6,770,895
Restricted cash 100,533 13,773 115,513
Short-term investments 15,002,903 2,055,389 11,516,304
Accounts receivable, net (net of allowance of RMB4,382 and RMB3,684 as of December 31, 2023 and 2024, respectively) 19,643 2,691 23,418
Loans receivable, net (net of allowance of RMB154,420 and RMB218,366 as of December 31, 2023 and 2024, respectively) 4,199,645 575,349 3,521,072
Prepayments and other current assets, net (net of allowance of RMB4,412 and RMB4,692 as of December 31, 2023 and 2024, respectively) 2,122,902 290,836 2,049,780
Total current assets 27,255,973 3,734,052 23,996,982
Restricted cash 40,000 5,480 10,000
Long-term investments 9,876,118 1,353,023 11,075,739
Property and equipment, net 289,611 39,677 194,576
Intangible assets, net 393,477 53,906 449,904
Goodwill 3,124,828 428,100 3,124,828
Deferred tax assets 92,882 12,725 149,081
Operating lease right-of-use assets 115,654 15,845 134,867
Other non-current assets 98,532 13,499 211,670
Total non-current assets 14,031,102 1,922,255 15,350,665
TOTAL ASSETS 41,287,075 5,656,307 39,347,647
Current liabilities      
Accounts payable (including RMB7,179 and RMB11,086 from the consolidated VIEs as of December 31, 2023 and 2024, respectively) 31,227 4,278 25,220
Prepaid for freight listing fees and other service fees (including RMB506,423 and RMB479,476 from the consolidated VIEs as of December 31, 2023 and 2024, respectively) 571,185 78,252 548,917
Income tax payable (including RMB3,032 and RMB4,991 from the consolidated VIEs as of December 31, 2023 and 2024, respectively) 336,220 46,062 154,916
Other tax payable (including RMB731,284 and RMB862,150 from the consolidated VIEs as of December 31, 2023 and 2024, respectively) 898,396 123,080 784,617
Operating lease liabilities (including RMB34,867 and RMB37,569 from the consolidated VIEs as of December 31, 2023 and 2024, respectively) 41,204 5,645 37,758
Accrued expenses and other current liabilities (including RMB1,113,559 and RMB638,045 from the consolidated VIEs as of December 31, 2023 and 2024, respectively) 1,141,758 156,421 1,723,245
Total current liabilities 3,019,990 413,738 3,274,673
Deferred tax liabilities (including RMB20,333 and RMB17,308 from the consolidated VIEs as of December 31, 2023 and 2024, respectively) 95,570 13,093 108,591
Operating lease liabilities (including RMB46,395 and RMB22,497 from the consolidated VIEs as of December 31, 2023 and 2024, respectively) 23,928 3,278 46,709
Other non-current liabilities (including RMB22,950 and RMB12,414 from the consolidated VIEs as of December 31, 2023 and 2024, respectively) 12,414 1,701 22,950
Total non-current liabilities 131,912 18,072 178,250
TOTAL LIABILITIES 3,151,902 431,810 3,452,923
Commitments and contingencies (Note 23)  
MEZZANINE EQUITY      
Redeemable non-controlling interests 443,070 60,700 277,420
EQUITY      
Treasury stock, at cost 0 0 (608,117)
Additional paid-in capital 45,823,723 6,277,824 47,713,985
Accumulated other comprehensive income 3,223,944 441,679 2,897,871
Accumulated deficit (11,372,284) (1,557,997) (14,400,604)
TOTAL FULL TRUCK ALLIANCE CO. LTD. EQUITY 37,676,726 5,161,690 35,604,506
Non-controlling interests 15,377 2,107 12,798
TOTAL EQUITY 37,692,103 5,163,797 35,617,304
TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY 41,287,075 5,656,307 39,347,647
Common Class A [Member]      
EQUITY      
Common Stock Value 1,201 165 1,229
Common Class B [Member]      
EQUITY      
Common Stock Value ¥ 142 $ 19 ¥ 142