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Equity securities and other investments (Tables) | 12 Months Ended
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Mar. 31, 2025
Equity securities and other investments |
Schedule of equity securities and other investments at cost and at fair value |
|  | As of March 31, 2024 |
|  | Original cost |  |  | Cumulative net losses |  |  | Carrying value |
|  | RMB |  |  | RMB |  |  | RMB |
|  | (in millions) |
Equity securities: |  |  |  |  |  |  |  |  |
Listed equity securities |  |  | 92,456 |  |  |  | (25,275 | ) |  |  | 67,181 |
Investments in privately held companies |  |  | 110,863 |  |  |  | (14,385 | ) |  |  | 96,478 |
Debt investments: |  |  |  |  |  |  |  |  |
Debt securities and loan investments |  |  | 20,723 |  |  |  | (9,641 | ) |  |  | 11,082 |
Other treasury investments |  |  | 106,150 |  |  |  | — |  |  |  | 106,150 |
|  |  | 330,192 |  |  |  | (49,301 | ) |  |  | 280,891 |
|  | As of March 31, 2025 |
|  | Original cost |  |  | Cumulative net (losses) gains |  |  | Carrying value |
|  | RMB |  |  | RMB |  |  | RMB |
|  | (in millions) |
Equity securities: |  |  |  |  |  |  |  |  |
Listed equity securities |  |  | 79,024 |  |  |  | (1,394 | ) |  |  | 77,630 |
Investments in privately held companies |  |  | 113,646 |  |  |  | (17,479 | ) |  |  | 96,167 |
Debt investments: |  |  |  |  |  |  |  |  |
Debt securities and loan investments |  |  | 15,009 |  |  |  | (6,224 | ) |  |  | 8,785 |
Other treasury investments |  |  | 227,935 |  |  |  | 81 |  |  |  | 228,016 |
|  |  | 435,614 |  |  |  | (25,016 | ) |  |  | 410,598 |

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- Definition Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References No definition available. + Details
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