XML 32 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements Of Operations And Comprehensive Income
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
CNY (¥)
¥ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Income Statement [Abstract]        
Net Revenues (including value added taxes, "VAT", of RMB3,550,878, RMB4,172,660 and RMB 5,097,716 for the years ended December 31, 2022, 2023 and 2024, respectively) ¥ 11,238,638 $ 1,539,687 ¥ 8,436,159 ¥ 6,733,644
Operating expenses        
Cost of revenues (including VAT net of government grants, of RMB2,539,297, RMB3,121,010 and RMB 3,893,351 for the years ended December 31, 2022, 2023 and 2024, respectively) (5,100,558) (698,774) (4,119,016) (3,514,551)
Sales and marketing expenses (1,596,763) (218,756) (1,239,191) (902,269)
General and administrative expenses (913,763) (125,185) (937,677) (1,417,933)
Research and development expenses (880,016) (120,562) (946,635) (914,151)
Provision for loans receivable (296,528) (40,624) (234,599) (194,272)
Total operating expenses (8,787,628) (1,203,901) (7,477,118) (6,943,176)
Other operating income 23,970 3,284 38,388 47,530
(Loss) Income from operations 2,474,980 339,070 997,429 (162,002)
Other income (expense)        
Interest income 1,073,434 147,060 1,141,861 483,658
Interest expenses 0 0 0 (175)
Foreign exchange gain (loss) 8,004 1,097 (2,149) 15,048
Investment income 54,785 7,506 55,621 5,411
Unrealized (losses) gains from fair value changes of investments and derivative assets (20,904) (2,864) 12,938 (63,390)
Other income, net 128,152 17,557 130,264 230,631
Impairment loss (352,742) (48,325) 0 0
Share of loss in equity method investees (2,861) (392) (2,067) (1,246)
Total other income 887,868 121,639 1,336,468 669,937
Net income before income tax 3,362,848 460,709 2,333,897 507,935
Income tax expense (239,411) (32,799) (106,804) (96,035)
Net income 3,123,437 427,910 2,227,093 411,900
Less: net (loss) income attributable to non-controlling interests (3,548) (486) (1,252) 539
Less: measurement adjustment attributable to redeemable non-controlling interests 57,136 7,828 15,457 4,599
Net income attributable to Full Truck Alliance Co. Ltd. 3,069,849 420,568 2,212,888 406,762
Net income attributable to ordinary shareholders ¥ 3,069,849 $ 420,568 ¥ 2,212,888 ¥ 406,762
Net (loss) earnings per ordinary share:        
Basic, earnings per ordinary share | (per share) ¥ 0.15 $ 0.02 ¥ 0.1 ¥ 0.02
Diluted, earnings per ordinary share | (per share) ¥ 0.15 $ 0.02 ¥ 0.1 ¥ 0.02
Basic 20,822,835,545 20,822,835,545 21,111,924,886 21,517,856,981
Diluted 20,902,222,036 20,902,222,036 21,162,351,461 21,579,616,389
Net income ¥ 3,123,437 $ 427,910 ¥ 2,227,093 ¥ 411,900
Other comprehensive income        
Foreign currency translation adjustments, net of tax of nil 325,474 44,590 386,701 1,972,520
Unrealized gains on available-for-sale investments, net of reclassification 599 82 0 0
Total comprehensive income 3,449,510 472,582 2,613,794 2,384,420
Less: comprehensive income (loss) attributable to non-controlling interests (3,548) (486) (1,252) 539
Less: measurement adjustment attributable to redeemable non-controlling interests 57,136 7,828 15,457 4,599
Comprehensive income attributable to Full Truck Alliance Co. Ltd. 3,395,922 465,240 2,599,589 2,379,282
Comprehensive income attributable to ordinary shareholders ¥ 3,395,922 $ 465,240 ¥ 2,599,589 ¥ 2,379,282