XML 60 R38.htm IDEA: XBRL DOCUMENT v3.24.1.u1

Long-term investments (Tables)

12 Months Ended

Dec. 31, 2023

Long-term investments

Schedule of long term investments

​

​	​	​	​	​	​	​	​	​
​		Equity		Equity		​		​
​	​	investments	​	investments	​	Investments	​	​
​	​	using  the	​	using	​	accounted	​	​
​	​	measurement	​	the equity	​	for at fair	​	​
​	​	alternative(a)	​	method(b)	​	value(c)	​	Total
​		RMB’000		RMB’000		RMB’000		RMB’000
Balance at December 31, 2020		—		16,300		—		16,300
Investments made		30,000		950		—		30,950
Share of loss from equity method investments		—		(5,473)		—		(5,473)
Currency translation adjustment		—		(335)		—		(335)
Balance at December 31, 2021		30,000		11,442		—		41,442
Investments made		10,000		—		28,970		38,970
Share of income from equity method investments		—		51		—		51
Disposal of a subsidiary in exchange of investment accounted for at fair value ((c)(i))		—		—		40,000		40,000
Fair value change through earnings (including adjustment of subsequent price changes)		18,464		—		(2,500)		15,964
Currency translation adjustment		—		930		—		930
Balance at December 31, 2022		58,464		12,423		66,470		137,357
Investments made		9,500		—		—		9,500
Share of loss from equity method investments		—		(523)		—		(523)
Partially disposal of an equity investment using the equity method		—		(700)		—		(700)
Fair value change through earnings (including adjustment of subsequent price changes)		—		—		(8,079)		(8,079)
Changes from a subsidiary to equity investment using the equity method((b))		—		4,900		—		4,900
Currency translation adjustment		—		144		—		144
Balance at December 31, 2023		67,964		16,244		58,391		142,599

Schedule of equity investments using the measurement alternative

​

​	​	​
​		Cumulative Results
​		RMB’000
Initial cost basis (i)		30,000
Total carrying value at December 31, 2021		30,000
Initial cost basis		40,000
Upward adjustments (i)		18,464
Total carrying value at December 31, 2022		58,464
Initial cost basis		49,500
Upward adjustments (i)		18,464
Total carrying value at December 31, 2023		67,964

Schedule of investments accounted for at fair value

​

​	​	​	​	​	​	​	​	​
​	​	​	​	Gross	​	Gross	​	​
​		Cost Basis		Unrealized Gains		Unrealized Losses		Fair value
​		RMB’000		RMB’000		RMB’000		RMB’000
Hangzhou Jialin (i)		40,000		—		—		40,000
Company A		5,000		—		—		5,000
Company B		10,000		—		—		10,000
Company C		8,470		—		—		8,470
Others		5,500		—		(2,500)		3,000
December 31, 2022		68,970		—		(2,500)		66,470
Hangzhou Jialin (i)		40,000		964		—		40,964
Company A		5,000		—		(2,537)		2,463
Company B		10,000		—		(6,342)		3,658
Company C		8,470		103		—		8,573
Others		5,500		—		(2,767)		2,733
December 31, 2023		68,970		1,067		(11,646)		58,391

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of investment in equity security without readily determinable fair value.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 321
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479536/321-10-50-3

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 321
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479536/321-10-50-3

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 321
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479536/321-10-50-3

+ Details

Name:	us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of investment.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//320/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Topic 321
-Publisher FASB
-URI https://asc.fasb.org//321/tableOfContent

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Topic 325
-Publisher FASB
-URI https://asc.fasb.org//325/tableOfContent

+ Details

Name:	us-gaap_InvestmentTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in net income (trading) and investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI).

+ References

No definition available.

+ Details

Name:	us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration