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Parent company only condensed financial information (Tables)
 12 Months Ended
Dec. 31, 2019
Parent company only condensed financial information  
Condensed Balance Sheets
Condensed Balance Sheets
 
As of December 31,
 
 
2017
 
 
2018
 
 
2019
 
 
RMB
 
 
RMB
 
 
RMB
 
 
US$
 
 
 
 
 
 
 
 
Note 2(g)
 
ASSETS
 
 
 
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
 
8,964,809
 
 
 
2,196,796
 
 
 
6,575,639
 
 
 
944,531
 
Short term investments
 
 
—  
 
 
 
755
 
 
 
767
 
 
 
110
 
Prepayments and other current assets
 
 
63,853
 
 
 
121,822
 
 
 
2,408
 
 
 
346
 
Amount due from related parties
 
 
715,671
 
 
 
1,555,288
 
 
 
3,186,818
 
 
 
457,758
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total current assets
 
 
9,744,333
 
 
 
3,874,661
 
 
 
9,765,632
 
 
 
1,402,745
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-current
assets:
 
 
 
 
 
 
 
 
 
 
 
 
Investment in equity investees
 
 
7,514
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
Investments in subsidiaries and consolidated VIEs
 
 
45,675,625
 
 
 
64,127,171
 
 
 
81,301,020
 
 
 
11,678,161
 
Investment securities
 
 
35,893
 
 
 
12,978
 
 
 
13,192
 
 
 
1,895
 
Intangible assets, net
 
 
3,092,549
 
 
 
1,569,483
 
 
 
965,165
 
 
 
138,637
 
Other
non-current
assets
 
 
—  
 
 
 
121,453
 
 
 
106,030
 
 
 
15,230
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
non-current
assets
 
 
48,811,581
 
 
 
65,831,085
 
 
 
82,385,407
 
 
 
11,833,923
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total assets
 
 
58,555,914
 
 
 
69,705,746
 
 
 
92,151,039
 
 
 
13,236,668
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LIABILITIES
 
 
 
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
Accounts payable
 
 
—  
 
 
 
—  
 
 
 
140
 
 
 
20
 
Taxes payable
 
 
—  
 
 
 
—  
 
 
 
4,497
 
 
 
646
 
Accrued expenses and other liabilities
 
 
67,743
 
 
 
60,190
 
 
 
238,650
 
 
 
34,279
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total current liabilities
 
 
67,743
 
 
 
60,190
 
 
 
243,287
 
 
 
34,945
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-current
liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
Long-term borrowings
 
 
—  
 
 
 
3,088,440
 
 
 
3,139,290
 
 
 
450,931
 
Unsecured senior notes
 
 
6,447,357
 
 
 
6,786,143
 
 
 
6,912,492
 
 
 
992,917
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
non-current
liabilities
 
 
6,447,357
 
 
 
9,874,583
 
 
 
10,051,782
 
 
 
1,443,848
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total liabilities
 
 
6,515,100
 
 
 
9,934,773
 
 
 
10,295,069
 
 
 
1,478,793
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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; 2,520,271,138
Class A ordinary shares issued and 2,480,575,334
outstanding, 453,672,011
Class B ordinary shares issued and 443,739,929
outstanding as of December 31, 2019)
 
 
377
 
 
 
380
 
 
 
381
 
 
 
55
 
Additional
paid-in
capital
 
 
76,254,607
 
 
 
82,832,895
 
 
 
90,676,122
 
 
 
13,024,810
 
Statutory reserves
 
 
635,966
 
 
 
1,400,412
 
 
 
1,459,165
 
 
 
209,596
 
Treasury stock
 
 
(4,457,608
)
 
 
(3,783,729
)
 
 
(2,530,166
)
 
 
(363,436
)
Accumulated deficit
 
 
(22,234,609
)
 
 
(24,038,081
)
 
 
(11,912,679
)
 
 
(1,711,149
)
Accumulated other comprehensive income
 
 
1,842,081
 
 
 
3,359,096
 
 
 
4,163,147
 
 
 
597,999
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total shareholders’ equity
 
 
52,040,814
 
 
 
59,770,973
 
 
 
81,855,970
 
 
 
11,757,875
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total liabilities and shareholders’ equity
 
 
58,555,914
 
 
 
69,705,746
 
 
 
92,151,039
 
 
 
13,236,668
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Condensed Statements of Operations and Comprehensive Income/(Loss)
 
For the year ended December 31,
 
  
2017
 
  
2018
 
  
2019
 
  
RMB
 
  
RMB
 
  
RMB
 
  
US$
Note 2(g)
 
Operating expenses
 
 
 
  
 
 
  
 
 
  
 
 
Marketing
   
(1,215,222
 )    
(1,218,920
 )    
(301,495
)     
(43,307
) 
General and administrative
   
(556,534
 )    
(495,835
 )    
(469,688
)     
(67,466
) 
                                 
Loss from operations
   
(1,771,756
 )    
(1,714,755
 )    
(771,183
)     
(110,773
) 
Share of income/(loss) of subsidiaries and consolidated

VIEs
    
1,717,151
     
(653,408
 )    
12,575,644
     
1,806,378
 
Interest income
   
66,848
     
220,186
     
163,974
     
23,553
 
Interest expense
   
(260,756
 )    
(315,683
 )    
(376,152
)     
(54,031
) 
Others, net
   
96,256
     
(27,973
 )    
591,872
     
85,017
 
                                 
Net income/(loss)
    
(152,257
 )    
(2,491,633
 )    
12,184,155
     
1,750,144
 
                                 
Net income/(loss) attributable to ordinary shareholders
   
(152,257
 )    
(2,491,633
 )    
12,184,155
     
1,750,144
 
                                 
Net income/(loss)
    
(152,257
 )    
(2,491,633
 )    
12,184,155
     
1,750,144
 
Other comprehensive income:
   
     
     
     
 
Foreign currency translation adjustments
   
(822,052
 )    
2,696,784
     
749,865
     
107,711
 
Net change in unrealized gains/(losses) on
available-for-sale
securities:
    
     
     
     
 
Unrealized gains, net of tax 
    
1,473,014
     
237,585
     
312,723
     
44,920
 
Reclassification adjustment for gains recorded in net income, net of tax 
    
(352,274
 )    
(260,712
 )    
(258,537
)    
(37,137
) 
                                 
Net unrealized gains/(losses) on
available-for-sale
securities
    
1,120,740
     
(23,127
 )    
54,186
     
7,783
 
                                 
Total other comprehensive income
   
298,688
     
2,673,657
     
804,051
     
115,494
 
                                 
Total comprehensive income
    
146,431
     
182,024
     
12,988,206
     
1,865,638
 
                                 
Condensed Statements of Cash Flows
                                 
 
For the year ended December 31,
 
 
2017
 
  
2018
 
  
2019
 
 
RMB
 
  
RMB
 
  
RMB
 
  
US$
Note 2(g)
 
Net cash provided by/(used in) operating activities
   
(105,219
 )    
(233,195
 )    
697,927
     
100,251
 
Cash flows from investing activities:
   
     
     
     
 
Purchases of investment securities
   
—  
      
(755
 )    
—
     
—
 
Cash received from disposal of investment securities
   
—  
      
7,893
     
—  
     
—  
 
Cash received from/(prepayments and investments in) subsidiaries and consolidated VIEs
    
2,359,092
     
(12,425,233
 )    
5,202,711
     
747,323
 
Prepayments and investments in equity investees
   
(7,646
 )    
—  
      
—  
     
—  
 
Loans provided to JD Digits
   
(31,161
 )    
(839,617
 )    
(1,631,530
)     
(234,355
) 
                                 
Net cash provided by/(used in) investing activities
   
2,320,285
     
(13,257,712
 )    
3,571,181
     
512,968
 
                                 
Cash flows from financing activities:
   
     
     
     
 
Proceeds from issuance of ordinary shares
    
—  
      
3,531,870
     
—  
     
—  
 
Repurchase of ordinary shares
   
—  
      
(205,886
 )    
(131,010
)     
(18,818
) 
Proceeds from long-term borrowings
   
—  
      
2,890,575
     
—  
     
—  
 
Proceeds from settlement of capped call options
   
737,501
     
—  
      
—  
     
—  
 
Proceeds from issuance of ordinary shares pursuant to share-based awards
    
135,745
     
48,555
     
112,153
     
16,110
 
Upfront fee payment for long-term borrowings
   
—  
      
(81,581
 )    
—  
     
—  
 
                                 
Net cash provided by/(used in) financing activities
   
873,246
     
6,183,533
     
(18,857
)     
(2,708
) 
                                 
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
   
(240,077
 )    
539,361
     
128,592
     
18,470
 
                                 
Net increase/(decrease) in cash, cash equivalents, and restricted cash
   
2,848,235
     
(6,768,013
 )    
4,378,843
     
628,981
 
Cash, cash equivalents, and restricted cash at beginning of the year
   
6,116,574
     
8,964,809
     
2,196,796
     
315,550
 
                                 
Cash, cash equivalents, and restricted cash at end of the year
   
8,964,809
     
2,196,796
     
6,575,639
     
944,531