XML 127 R102.htm IDEA: XBRL DOCUMENT v3.19.1
Schedule I-Condensed Financial Information - STATEMENTS OF CASH FLOWS and Notes (Details)
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
USD ($)
Dec. 31, 2018
CNY (¥)
Dec. 31, 2017
CNY (¥)
Dec. 31, 2016
CNY (¥)
Cash flows from operating activities:        
Net income $ 310,301 ¥ 2,133,472 ¥ 1,892,433 ¥ 1,992,767
Adjustments to reconcile net income to net cash by operating activities:        
Share of loss of equity method investees 6,836 46,999 22,280 71,489
Share-based compensation expenses 97,623 671,210 667,098 475,653
Amortization of debt issuance cost     5,950 35,824
Changes in operating assets and liabilities:        
Deferred income 21,865 150,335 26,554 55,549
Net cash generated from operating activities 835,684 5,745,748 981,251 2,831,413
Cash flows from investing activities:        
Net cash used in investing activities (973,575) (6,693,812) (2,032,606) (1,669,002)
Cash flows from financing activities:        
Repurchase of ordinary shares       (193,619)
Proceeds from issuance of ordinary shares upon exercise of share options 574 3,947 5,969 5,747
Partial redemption of convertible senior notes     (21,697)  
Proceeds from issuance of ordinary shares to new investors     5,610,337  
Net cash (used in) provided by financing activities 85,371 586,968 7,169,824 (393,128)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 25,828 177,576 (6,054) 15,910
Net increase (decrease) in cash, cash equivalents and restricted cash (26,692) (183,520) 6,112,415 785,193
Cash, cash equivalents and restricted cash at beginning of the period 1,486,727 10,221,992 4,109,577 3,324,384
Cash, cash equivalents and restricted cash at end of the period 1,460,035 10,038,472 10,221,992 4,109,577
Consolidated VIEs and VIEs' subsidiaries        
Cash flows from operating activities:        
Net income   (3,531,460) (3,784,932) 230,954
Changes in operating assets and liabilities:        
Net cash generated from operating activities   (294,853) (801,931) (1,192,894)
Cash flows from investing activities:        
Net cash used in investing activities   (48,162) 1,435,001 626,798
Cash flows from financing activities:        
Net cash (used in) provided by financing activities   (17,698) 1,144,728 (108,779)
Restriction on dividend distribution        
Dividend paid to the Company   0 0 0
Parent company        
Cash flows from operating activities:        
Net income 309,620 2,128,787 1,949,655 2,036,817
Adjustments to reconcile net income to net cash by operating activities:        
Equity income of subsidiaries and variable interest entities (413,526) (2,843,198) (2,644,958) (2,677,396)
Share of loss of equity method investees (239) (1,642) 21,319 65,492
Share-based compensation expenses 97,623 671,210 667,098 475,653
Amortization of debt issuance cost     5,950 35,824
Changes in operating assets and liabilities:        
Investment in subsidiaries and VIEs 25,652 176,370    
Accrued expenses and other current liabilities (1,472) (10,115) 53,870 23,924
Deferred income     (44,109) 35,688
Net cash generated from operating activities 17,658 121,412 8,825 (3,998)
Cash flows from investing activities:        
Amounts due from (to) subsidiaries and VIEs (65,794) (452,366) (5,277,028) 192,523
Net cash used in investing activities (65,794) (452,366) (5,277,028) 192,523
Cash flows from financing activities:        
Repurchase of ordinary shares       (193,619)
Proceeds from issuance of ordinary shares upon exercise of share options 574 3,947 5,969 5,747
Partial redemption of convertible senior notes     (21,697)  
Proceeds from issuance of ordinary shares to new investors     5,610,337  
Net cash (used in) provided by financing activities 574 3,947 5,594,609 (187,872)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (13) (95) (44) 44
Net increase (decrease) in cash, cash equivalents and restricted cash (47,575) (327,102) 326,362 697
Cash, cash equivalents and restricted cash at beginning of the period 47,606 327,314 952 255
Cash, cash equivalents and restricted cash at end of the period $ 31 212 327,314 952
Restriction on dividend distribution        
Amount of restricted capital and reserves not available for dividend distribution   6,637,007    
Cash dividend declared and paid to the Company   0 0 0
Group's subsidiaries        
Restriction on dividend distribution        
Dividend paid to the Company   ¥ 0 ¥ 0 ¥ 0