XML 102 R79.htm IDEA: XBRL DOCUMENT v3.24.1.u1
TAXATION - Income Tax Rate Reconciliation (Details)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
TAXATION      
Statutory CIT rate 25.00% 25.00% 25.00%
-Share-based compensation expenses 0.60% 3.20% 0.10%
-Change in fair value of convertible senior notes and call options 0.10% 0.20% (4.40%)
-Accrued payroll and welfare expenses 0.10% 0.10% 0.10%
-Change of enacted tax rate and preferential tax benefit (1.40%) 1.60% 2.10%
-Other permanent differences (0.80%) 3.40% (1.80%)
Difference in tax rate of subsidiaries outside the PRC 2.40% 3.90% 2.20%
Effect of tax holiday for subsidiaries (10.70%) (12.10%) (12.90%)
Change in valuation allowance 1.50% 5.30% 7.40%
Effective tax rate 16.80% 30.60% 17.80%