v3.26.1
Leases
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Leases
11.Leases

 

This note provides information for leases where the Group is a lessee.

 

(a)Amounts recognized in the consolidated statements of financial position

 

   As of December 31, 
   2024   2025 
   RMB’000   RMB’000 
         
Right-of-use assets        
Office buildings   250    2,443 
Charging stations   4,554    351 
    4,804    2,794 
Lease liabilities          
Current   1,254    1,469 
Non-current   3,298    1,121 
    4,552    2,590 

The movement in the carrying amount of right-of-use assets during the years indicated is as follows:

 

   Office
buildings
   Charging
stations
   Total 
   RMB’000   RMB’000   RMB’000 
             
Year ended December 31, 2024            
Opening carrying amount   12,231    1,795    14,026 
Additions       4,025    4,025 
Depreciation charge   (4,870)   (1,266)   (6,136)
Disposals   (3,950)       (3,950)
Disposal of subsidiaries   (3,161)       (3,161)
Closing carrying amount   250    4,554    4,804 
At December 31, 2024               
Cost   9,368    14,804    24,172 
Accumulated depreciation   (9,118)   (10,250)   (19,368)
Carrying amount   250    4,554    4,804 
Year ended December 31, 2025               
Opening carrying amount   250    4,554    4,804 
Additions   3,258        3,258 
Depreciation charge   (1,065)   (581)   (1,646)
Disposals       (3,622)   (3,622)
Closing carrying amount   2,443    351    2,794 
At December 31, 2025               
Cost   12,626    11,182    23,808 
Accumulated depreciation   (10,183)   (10,831)   (21,014)
Carrying amount   2,443    351    2,794 

 

The movement in the carrying amount of lease liabilities during the years indicated is as follows:

 

   Office
buildings
   Charging
stations
   Total 
   RMB’000   RMB’000   RMB’000 
             
Year ended December 31, 2024            
Opening balance   12,413    1,677    14,090 
Additions       4,025    4,025 
Interest expense recognized during the year   427    137    564 
Payments   (4,776)   (1,287)   (6,063)
Disposals   (4,396)       (4,396)
Disposal of subsidiaries   (3,668)       (3,668)
Closing balance       4,552    4,552 
Year ended December 31, 2025               
Opening balance       4,552    4,552 
Additions   3,258        3,258 
Interest expense recognized during the year   70    22    92 
Payments   (1,133)   (521)   (1,654)
Disposals       (3,658)   (3,658)
Closing balance   2,195    395    2,590 

 

The weighted average interest rates of incremental borrowings applied to the calculation of lease liabilities were 4.18% and 4.40% per annum as of December 31, 2024 and 2025, respectively.

The maturity analysis of lease liabilities is disclosed in Note 3.1(b).

 

(b)Amounts recognized in profit or loss and cash outflows

 

   Year ended December 31, 
   2023   2024   2025 
   RMB’000   RMB’000   RMB’000 
             
Depreciation charge of right-of-use assets            
—Office buildings   5,532    4,870    1,065 
—Charging stations   2,628    1,266    581 
Interest expense (included in finance costs)   783    564    92 
Expense relating to short-term leases not included in lease liabilities (included in cost of revenues, selling and marketing expenses, administrative expenses and research and development expenses)   16,732    19,826    147 
    25,675    26,526    1,885 

 

The total cash outflows for leases in financing activities during the years indicated are as below:

 

   Year ended December 31, 
   2023   2024   2025 
   RMB’000   RMB’000   RMB’000 
             
Principal element of lease payments   7,231    5,499    1,562 
Related interest paid   714    564    92 
    7,945    6,063    1,654 

 

The total cash outflows for leases in operating activities during the years ended December 31, 2023, 2024 and 2025 amounted to RMB16.7 million, RMB19.8 million and RMB0.1 million, respectively.