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Parent company only condensed financial information | 12 Months Ended
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Dec. 31, 2018
Parent company only condensed financial information |
Parent company only condensed financial information | 36.Parent company only condensed financial information The Company performed a test on the restricted net assets of consolidated subsidiaries, VIEs and VIEs’ subsidiaries in accordance with Securities and Exchange Commission Regulation S-X Rule 4-08 (e) (3), "General Notes to Financial Statements" and concluded that it was applicable for the Company to disclose the financial information for the parent company only. The subsidiaries did not pay any dividend to the Company for the years presented. Certain information and footnote disclosures generally included in financial statements prepared in accordance with U.S. GAAP have been condensed and omitted. The footnote disclosures contain supplemental information relating to the operations of the Company, as such, these statements should be read in conjunction with the notes to the consolidated financial statements of the Company. As of December 31, 2018, the Company did not have significant capital commitments and other significant commitments, or guarantees, except for those which have been separately disclosed in the consolidated financial statements. Condensed Balance Sheets
|  | As of December 31,
|  | 2017 |  | 2018
|  | RMB |  | RMB |  | US$
|  |  |  |  |  | Note 2(g)
ASSETS |  |  |  |  |  |
Current assets: |  |  |  |  |  |
Cash and cash equivalents |  | 8,964,809 |  | 2,196,796 |  | 319,511
Short term investment |  | — |  | 755 |  | 110
Prepayments and other current assets |  | 63,853 |  | 121,822 |  | 17,718
Amount due from related parties |  | 715,671 |  | 1,555,288 |  | 226,207
Total current assets |  | 9,744,333 |  | 3,874,661 |  | 563,546
Non-current assets: |  |  |  |  |  |
Investment in equity investees |  | 7,514 |  | — |  | —
Investments in subsidiaries, consolidated VIEs and VIEs' subsidiaries |  | 45,675,625 |  | 64,127,171 |  | 9,326,910
Investment securities |  | 35,893 |  | 12,978 |  | 1,888
Intangible assets, net |  | 3,092,549 |  | 1,569,483 |  | 228,272
Other non-current assets |  | — |  | 121,453 |  | 17,664
Total non-current assets |  | 48,811,581 |  | 65,831,085 |  | 9,574,734
Total assets |  | 58,555,914 |  | 69,705,746 |  | 10,138,280
LIABILITIES |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |
Accrued expenses and other liabilities |  | 67,743 |  | 60,190 |  | 8,755
Total current liabilities |  | 67,743 |  | 60,190 |  | 8,755
Non-current liabilities: |  |  |  |  |  |
Long-term borrowings |  | — |  | 3,088,440 |  | 449,195
Unsecured senior notes |  | 6,447,357 |  | 6,786,143 |  | 987,004
Total non-current liabilities |  | 6,447,357 |  | 9,874,583 |  | 1,436,199
Total liabilities |  | 6,515,100 |  | 9,934,773 |  | 1,444,954
SHAREHOLDERS' EQUITY: |  |  |  |  |  |
Ordinary shares (US$0.00002 par value; 100,000,000,000 shares authorized; 2,477,346,590 Class A ordinary shares issued and 2,406,652,132 outstanding, 461,362,309 Class B ordinary shares issued and 446,011,297 outstanding as of December 31, 2017; 2,507,473,330 Class A ordinary shares issued and 2,447,926,638 outstanding, 458,342,517 Class B ordinary shares issued and 446,369,717 outstanding as of December 31, 2018) |  | 377 |  | 380 |  | 55
Additional paid-in capital |  | 76,254,607 |  | 82,832,895 |  | 12,047,545
Statutory reserves |  | 635,966 |  | 1,400,412 |  | 203,681
Treasury stock |  | (4,457,608) |  | (3,783,729) |  | (550,321)
Accumulated deficit |  | (22,234,609) |  | (24,038,081) |  | (3,496,194)
Accumulated other comprehensive income |  | 1,842,081 |  | 3,359,096 |  | 488,560
Total shareholders' equity |  | 52,040,814 |  | 59,770,973 |  | 8,693,326
Total liabilities and shareholders' equity |  | 58,555,914 |  | 69,705,746 |  | 10,138,280
Condensed Statements of Operations and Comprehensive Income/(Loss)
|  | For the year ended December 31,
|  | 2016 |  | 2017 |  | 2018
|  | RMB |  | RMB |  | RMB |  | US$
|  |  |  |  |  |  |  | Note 2(g)
Operating expenses |  |  |  |  |  |  |  |
Marketing |  | (1,218,760) |  | (1,215,222) |  | (1,218,920) |  | (177,285)
General and administrative |  | (577,350) |  | (556,534) |  | (495,835) |  | (72,116)
Loss from operations |  | (1,796,110) |  | (1,771,756) |  | (1,714,755) |  | (249,401)
Share of income/(loss) of subsidiaries, consolidated VIEs and VIEs’ subsidiaries |  | (1,948,761) |  | 1,717,151 |  | (653,408) |  | (95,034)
Interest income |  | 55,373 |  | 66,848 |  | 220,186 |  | 32,025
Interest expense |  | (164,910) |  | (260,756) |  | (315,683) |  | (45,914)
Others, net |  | 47,618 |  | 96,256 |  | (27,973) |  | (4,067)
Net loss |  | (3,806,790) |  | (152,257) |  | (2,491,633) |  | (362,391)
Net loss attributable to ordinary shareholders |  | (3,806,790) |  | (152,257) |  | (2,491,633) |  | (362,391)
Net loss |  | (3,806,790) |  | (152,257) |  | (2,491,633) |  | (362,391)
Other comprehensive income: |  |  |  |  |  |  |  |
Foreign currency translation adjustments |  | 943,616 |  | (822,052) |  | 2,696,784 |  | 392,231
Net change in unrealized gains/(losses) on available-for-sale securities: |  |  |  |  |  |  |  |
Unrealized gains/(losses), nil of tax |  | (78,792) |  | 1,473,014 |  | 237,585 |  | 34,555
Reclassification adjustment for (gains)/losses recorded in net income, nil of tax |  | 123,743 |  | (352,274) |  | (260,712) |  | (37,919)
Net unrealized gains/(losses) on available-for-sale securities |  | 44,951 |  | 1,120,740 |  | (23,127) |  | (3,364)
Total other comprehensive income |  | 988,567 |  | 298,688 |  | 2,673,657 |  | 388,867
Total comprehensive income/(loss) |  | (2,818,223) |  | 146,431 |  | 182,024 |  | 26,476
Condensed Statements of Cash Flows
|  | For the year ended December 31,
|  | 2016 |  | 2017 |  | 2018
|  | RMB |  | RMB |  | RMB |  | US$
|  |  |  |  |  |  |  | Note 2(g)
Net cash used in operating activities |  | (33,756) |  | (105,219) |  | (233,195) |  | (33,917)
Cash flows from investing activities: |  |  |  |  |  |  |  |
Purchases of investment securities |  | — |  | — |  | (755) |  | (110)
Cash received from disposal of investment securities |  | 16,440 |  | — |  | 7,893 |  | 1,148
Receipts from/(prepayments and investments in) subsidiaries, consolidated VIEs and VIEs’ subsidiaries |  | (3,364,402) |  | 2,359,092 |  | (12,425,233) |  | (1,807,175)
Prepayments and investments in equity investees |  | — |  | (7,646) |  | — |  | —
Loans provided to JD Digits |  | (369,570) |  | (31,161) |  | (839,617) |  | (122,117)
Net cash provided by/(used in) investing activities |  | (3,717,532) |  | 2,320,285 |  | (13,257,712) |  | (1,928,254)
Cash flows from financing activities: |  |  |  |  |  |  |  |
Proceeds from issuance of ordinary shares, net |  | — |  | — |  | 3,531,870 |  | 513,689
Repurchase of ordinary shares |  | (5,338,274) |  | — |  | (205,886) |  | (29,945)
Purchase of capped call options |  | (2,007,100) |  | — |  | — |  | —
Proceeds from long-term borrowings |  | — |  | — |  | 2,890,575 |  | 420,417
Proceeds from settlement of capped call options |  | 1,463,218 |  | 737,501 |  | — |  | —
Proceeds from issuance of ordinary shares pursuant to stock plans |  | 82,396 |  | 135,745 |  | 48,555 |  | 7,062
Proceeds from unsecured senior notes, net of discount and debt issuance costs |  | 6,355,969 |  | — |  | — |  | —
Upfront fee payment for long-term borrowings |  | — |  | — |  | (81,581) |  | (11,865)
Net cash provided by financing activities |  | 556,209 |  | 873,246 |  | 6,183,533 |  | 899,358
Effect of exchange rate changes on cash, cash equivalents, and restricted cash |  | 369,104 |  | (240,077) |  | 539,361 |  | 78,447
Net increase/(decrease) in cash, cash equivalents, and restricted cash |  | (2,825,975) |  | 2,848,235 |  | (6,768,013) |  | (984,366)
Cash, cash equivalents, and restricted cash at beginning of year |  | 8,942,549 |  | 6,116,574 |  | 8,964,809 |  | 1,303,877
Cash, cash equivalents, and restricted cash at end of year |  | 6,116,574 |  | 8,964,809 |  | 2,196,796 |  | 319,511
Basis of presentation The Company's accounting policies are the same as the Group's accounting policies with the exception of the accounting for the investments in subsidiaries, consolidated VIEs and VIEs' subsidiaries. For the Company only condensed financial information, the Company records its investments in subsidiaries, consolidated VIEs and VIEs’ subsidiaries under the equity method of accounting as prescribed in ASC 323, Investments-Equity Method and Joint Ventures. Such investments are presented in the Condensed Balance Sheets as “Investments in subsidiaries, consolidated VIEs and VIEs’ subsidiaries” and shares in the subsidiaries, consolidated VIEs and VIEs’ subsidiaries’ financial results are presented as “Share of income/(loss) of subsidiaries, consolidated VIEs and VIEs’ subsidiaries” in the Condensed Statements of Operations and Comprehensive Income/(Loss). The parent company only condensed financial information should be read in conjunction with the Group’ consolidated financial statements.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=108774443&loc=d3e5283-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.9-06) -URI http://asc.fasb.org/extlink&oid=6882215&loc=d3e537971-122884 + Details
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