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Related parties and related party transactions (Tables)
12 Months Ended
Dec. 31, 2021
Text block [abstract]  
Summary of Related Party Name
The following table sets forth the major related parties which have major transactions with the Group during the years ended December 31, 2019, 2020 and 2021:
 
Name of related parties
 
Relationship with the Company
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries   Significant influence on the Group and its subsidiaries
Summary of Related Party Transactions
 
    
Year ended December 31,
 
    
2019
    
2020
    
2021
 
    
RMB’000
    
RMB’000
    
RMB’000
 
Technology platform based income
                          
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries
     323,176        635,143        1,414,885  
    
 
 
    
 
 
    
 
 
 
Other income
                          
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries
     700,464        1,234,616        3,538,974  
    
 
 
    
 
 
    
 
 
 
Investment income
                          
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries
     82,879        261,148        594,446  
    
 
 
    
 
 
    
 
 
 
Finance costs-Interest income
                          
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries
     186,065        147,638        247,238  
    
 
 
    
 
 
    
 
 
 
Finance costs-Interest expense
                          
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries
     154,264        67,468        6,151  
    
 
 
    
 
 
    
 
 
 
Sales and marketing expenses, general and administrative expenses, operation and servicing expenses, and technology and analytics expenses
                          
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries
     2,582,797        3,090,052        3,294,358  
    
 
 
    
 
 
    
 
 
 
Other gains/(losses) - net
                          
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries
     (48,054      (499,543      (211,674
    
 
 
    
 
 
    
 
 
 
Summary of Related Party Transactions Outstanding
 
    
As of December 31,
 
    
2020
    
2021
 
    
RMB’000
    
RMB’000
 
Cash
                 
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries
     14,392,047        9,648,043  
    
 
 
    
 
 
 
Financial assets at fair value through profit or loss
                 
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries
     3,029,174        3,500,726  
    
 
 
    
 
 
 
Account and other receivables and contract assets and other assets
                 
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries
     2,040,869        3,052,127  
    
 
 
    
 
 
 
Payable to platform investors, accounts and other payables and contract liabilities, payable to investors of consolidated structured entities and other liabilities
                 
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries
     1,888,065        801,748  
    
 
 
    
 
 
 
Financial assets at amortized cost
                 
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries
     4,159,973        1,279,156  
    
 
 
    
 
 
 
Summary of Compensation of key Management Personnel The following table sets forth the compensations paid or payable to key management for employee services:
 
    
Year ended December 31,
 
    
2019
    
2020
    
2021
 
    
RMB’000
    
RMB’000
    
RMB’000
 
Wages and salaries
     19,564        29,192        26,728  
Welfare and other benefits
     25,752        34,560        29,804  
Including: Bonuses
     19,490        28,061        24,066  
Share-based payment
     4,578        68,771        56,317  
    
 
 
    
 
 
    
 
 
 
       49,894        132,523        112,849