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Related parties and related party transactions (Tables) | 12 Months Ended
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Dec. 31, 2022
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, 2020, 2021 and 2022:
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, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Technology platform based income |  |  |  |  |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | 635,143 |  |  |  | 1,414,885 |  |  |  | 1,529,485 |
Other income |  |  |  |  |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | 1,234,616 |  |  |  | 3,538,974 |  |  |  | 1,053,718 |
Investment income |  |  |  |  |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | 261,148 |  |  |  | 594,446 |  |  |  | 338,252 |
Finance costs-Interest income |  |  |  |  |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | 147,638 |  |  |  | 247,238 |  |  |  | 281,130 |
Finance costs-Interest expense |  |  |  |  |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | 67,468 |  |  |  | 6,151 |  |  |  | 25,435 |
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 |  |  | 3,090,052 |  |  |  | 3,294,358 |  |  |  | 2,919,391 |
Other gains/(losses) – net |  |  |  |  |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | (499,543 | ) |  |  | (211,674 | ) |  |  | 350,329 |
Summary of Related Party Transactions Outstanding |
|  | As of December 31, |
|  | 2021 |  |  | 2022 |
|  | RMB’000 |  |  | RMB’000 |
Trade related (i) |  |  |  |  |  |  |  |
Cash |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | 9,648,043 |  |  |  | 14,316,239 |
Account and other receivables and contract assets |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | 1,386,252 |  |  |  | 1,310,245 |
Accounts and other payables and contract liabilities and other liabilities |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | 723,646 |  |  |  | 560,888 |
|  | As of December 31, |
|  | 2021 |  |  | 2022 |
|  | RMB’000 |  |  | RMB’000 |
Non-trade related (ii) |  |  |  |  |  |  |  |
Account and other receivables and contract assets and other assets |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | 1,665,875 |  |  |  | 1,641,361 |
Payable to platform investors, accounts and other payables and contract liabilities and other liabilities |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | 78,102 |  |  |  | 3,839,817 |
Financial assets at amortized cost |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | 1,279,156 |  |  |  | 2,504,622 |
Borrowings |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | — |  |  |  | 820,716 |
Financial assets at fair value through profit or loss |  |  |  |  |  |  |  |
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries |  |  | 3,500,726 |  |  |  | — |
(i) | The balances with related parties were unsecured, interest-free and repayable on demand.
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, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Wages and salaries |  |  | 29,192 |  |  |  | 26,728 |  |  |  | 21,081 |
Welfare and other benefits |  |  | 34,560 |  |  |  | 29,804 |  |  |  | 16,038 |
Including: Bonuses |  |  | 28,061 |  |  |  | 24,066 |  |  |  | 8,617 |
Share-based payment |  |  | 68,771 |  |  |  | 56,317 |  |  |  | 22,719 |
|  |  | 132,523 |  |  |  | 112,849 |  |  |  | 59,838 |

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