XML 72 R51.htm IDEA: XBRL DOCUMENT v3.23.1
Warrant liabilities (Tables)
12 Months Ended
Dec. 31, 2022
Class of Warrant or Right [Line Items]  
Schedule of warrants are remeasured utilizing key assumptions

As of December 31,

 

    

2020

Risk-free rate of return (%)

 

3.34

%

Volatility

 

46.85

%

Expected dividend yield

 

0.0

%

Expected term

 

3.6

years

Fair value of the underlying ordinary shares

 

RMB31.34

Schedule of changes in warrant liability measured at fair value using unobservable inputs

    

    

    

Change in 

    

    

 fair value 

January 1,

 included 

Foreign exchange

December 31,

2020

Addition

in losses 

translation

    

Settlement

2020

RMB

RMB

RMB

RMB

RMB

RMB

Liabilities

 

  

 

  

 

  

 

  

 

  

Warrant liabilities

 

40,635

 

 

39,635

 

 

80,270

    

    

    

Change in 

    

    

 fair value 

January 1,

 included 

Foreign exchange

Settlement

December 31,

2021

Addition

in losses 

translation

(See Note 19)

2021

RMB

RMB

RMB

RMB

RMB

RMB

Liabilities

 

  

 

  

 

  

 

  

 

  

Warrant liabilities

 

80,270

 

 

111,299

 

(191,569)

 

Schedule of movement of ECARX warrants

Change in fair

January 1,

value included

Foreign exchange

December

    

2022

    

Addition

    

in losses

    

translation

    

Settlement

    

31, 2022

RMB

RMB

RMB

RMB

RMB

RMB

Liabilities

  

  

  

  

  

  

ECARX Public Warrants

8,277

1,991

78

10,346

ECARX Private Warrants

 

 

4,895

 

1,254

 

49

 

 

6,198

Total

 

 

13,172

 

3,245

 

127

 

 

16,544

ECARX Private Warrants  
Class of Warrant or Right [Line Items]  
Schedule of warrants are remeasured utilizing key assumptions

As of December 31,

    

2022

Risk-free rate of return (%)

3.99

%  

Volatility

6.99

%  

Expected dividend yield

0.0

%  

Expected term

5.0 years

 

Fair value of the underlying ordinary shares

US$7.99 (equivalent to RMB55.11)