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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
9 Months Ended
Sep. 30, 2019
CNY (¥)
Sep. 30, 2019
USD ($)
Sep. 30, 2018
CNY (¥)
Cash flows from operating activities:      
Net income ¥ 8,336,254 $ 1,166,286 ¥ 2,076,936
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 4,418,714 618,201 3,945,319
Share-based compensation 2,663,590 372,650 2,622,942
Losses from disposal of property, equipment and software 37,047 5,183 13,839
Deferred income tax 304,336 42,578 (21,777)
Amortization of discounts and issuance costs of the unsecured senior notes 11,020 1,542 10,027
Impairment of goodwill and intangible assets     22,317
Impairment of investments 1,040,048 145,508 399,027
Fair value change of long-term investments 714,645 99,983 (2,551,671)
Gain on disposals of long-lived assets (3,070,297) (429,550)  
Gain from business and investment disposals (1,199,765) (167,853) (1,459,805)
Share of results of equity investees 1,220,008 170,685 941,821
Foreign exchange (gains)/losses (53,884) (7,539) 245,273
Changes in operating assets and liabilities:      
Accounts receivable 4,107,703 574,689 2,847
Inventories (4,248,903) (594,443) 1,925,632
Advance to suppliers (195,991) (27,420) (44,978)
Prepayments and other current assets 256,874 35,938 (1,016,608)
Operating lease right-of-use assets (1,707,998) (238,958) 0
Amount due from related parties (2,181,994) (305,272) 1,563,788
Other non-current assets (62,319) (8,719) (244,106)
Accounts payable 7,169,657 1,003,072 4,405,821
Advance from customers 1,344,068 188,042 (723,391)
Deferred revenues 1,335,722 186,874 (440,584)
Taxes payable 84,002 11,752 (405,730)
Accrued expenses and other current liabilities 2,415,304 337,912 3,550,585
Operating lease liabilities 1,937,384 271,050  
Amount due to related parties 102,294 14,311 35,768
Net cash provided by operating activities 24,777,519 3,466,502 14,853,292
Cash flows from investing activities:      
Purchase of short-term investments (24,409,008) (3,414,946) (7,086,000)
Maturity of short-term investments 2,018,324 282,374 10,476,207
Purchases of investment securities (756,826) (105,884) (4,320,750)
Cash received from disposal of investment securities 657,420 91,976 317,975
Prepayments and investments in equity investees (9,437,606) (1,320,370) (16,033,332)
Cash received from disposal of equity investments 3,284,005 459,449 1,606,338
Cash paid for loan originations (30,261,994) (4,233,809) (24,941,046)
Cash received from loan repayments 32,084,558 4,488,795 24,830,834
Purchase of property, equipment and software (2,009,980) (281,207) (8,286,240)
Purchase of intangible assets (29,858) (4,177) (127,264)
Cash paid for construction in progress (3,832,150) (536,137) (5,499,980)
Purchase of land use rights (782,764) (109,513) (3,220,482)
Cash received from the sales of long-lived assets 5,408,621 756,694  
Cash paid for business combination, net of cash acquired     (19,578)
Loans settled by JD Digits 512,989 71,770 8,412,441
Other investing activities (247,532) (34,630)  
Net cash used in investing activities (27,801,801) (3,889,615) (23,890,877)
Cash flows from financing activities:      
Proceeds from issuance of ordinary shares     3,531,870
Repurchase of ordinary shares (131,010) (18,329) 0
Proceeds from issuance of ordinary shares pursuant to stock plans 94,434 13,212 46,863
Proceeds from issuance of convertible redeemable preferred shares of JD Logistics, net     15,615,199
Capital injection from non-controlling interest shareholders 3,573,369 499,933 197,207
Proceeds from short-term borrowings 5,803,800 811,981 1,169,422
Repayment of short-term borrowings (5,969,768) (835,201) (200,000)
Proceeds from long-term borrowings     2,890,575
Repayment of nonrecourse securitization debt (3,886,227) (543,703) (8,184,630)
Proceeds from other financing activities, net     74,300
Net cash provided by /(used in) financing activities (515,402) (72,107) 15,140,806
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 796,854 111,484 1,811,704
Net increase/(decrease) in cash, cash equivalents, and restricted cash (2,742,830) (383,736) 7,914,925
Cash, cash equivalents, and restricted cash at beginning of the period 37,502,058 5,246,731 29,798,537
Cash, cash equivalents, and restricted cash at end of the period 34,759,228 4,862,995 37,713,462
Supplemental cash flow disclosures:      
Cash paid for income taxes (671,100) (93,890) (666,303)
Cash paid for interest (398,681) (55,778) (292,852)
Supplemental disclosures of non-cash investing and financing activities:      
Issuance of ordinary shares in connection with strategic cooperation agreement with Tencent 759,195 106,215  
Equity investments obtained through commitment of future services and contribution of certain business ¥ 2,370,807 $ 331,688 ¥ 181,228