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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2019
CNY (¥)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
CNY (¥)
Dec. 31, 2017
CNY (¥)
Cash flows from operating activities:        
Net profit ¥ 2,374,518 $ 341,078 ¥ 2,469,451 ¥ 1,082,907
Adjustments to reconcile net profit to net cash provided by (used in) operating activities:        
Provision for loans receivable 299,504 43,021 192,749 46,586
Provision for accounts receivable 261,882 37,617 106,652  
Depreciation and amortization 57,712 8,290 42,162 22,555
Amortization of right-of-use asset and interest of leasing liabilities 49,373 7,092    
Change in fair value of short term investments 13,028 1,871 (16,460) (3,875)
Gain from disposal of investments (10,614) (1,525)    
Change in fair value of investments     77  
Net gain from investment in loans (1,106,669) (158,963) (256,108) (31,377)
Share-based compensation 42,260 6,070 50,319 106,152
Impairment of intangible assets 4,600 661    
Changes in operating assets and liabilities:        
Accounts receivable (332,145) (47,710) (746,753) (3,578)
Quality assurance receivable (1,585,276) (227,711) (911,597) (865,957)
Financial guarantee derivative assets and discretionary payment 56,287 8,085 (379,717) 490,721
Deferred tax assets (6,977) (1,002) (27,705) (112,583)
Amounts due from related party 2,830 407 (2,830) (123)
Contract assets 91,548 13,150 (59,019)  
Prepaid expenses and other assets (1,090,910) (156,699) (115,017) (70,703)
Deferred revenue       102,198
Payable to platform customers (220,404) (31,659) (208,932) 692,307
Quality assurance payable 956,774 137,432 1,756,535 1,589,140
Payroll and welfare payable (11,569) (1,662) 31,423 72,297
Taxes payable (96,803) (13,905) (32,042) 171,934
Contract liabilities (109,741) (15,763) (97,080)  
Amounts due to related party 4,309 619 (11,972) (3,539)
Leasing liabilities (51,370) (7,379)    
Deferred tax liabilities 98,858 14,200 84,124 15,940
Accrued expenses and other liabilities 93,473 13,427 16,696 108,449
Net cash provided by operating activities (215,522) (30,958) 1,884,956 3,409,451
Cash flows from investing activities:        
Collection of loans originated and held by the Group 10,520,227 1,511,136 2,805,940 368,953
Investment in loans originated and held by the Group (12,128,140) (1,742,098) (4,331,811) (1,022,937)
Investment in convertible loan (20,000) (2,873)    
Proceeds from disposal of investments 21,508 3,089    
Purchase of investments (803,691) (115,443) (155,286) (9,953)
Proceeds from short-term investments 5,532,569 794,704 13,122,058 6,485,536
Purchase of short-term investments (3,902,033) (560,492) (12,799,210) (8,147,450)
Purchase of property, equipment and software (48,659) (6,989) (83,584) (90,871)
Proceeds from disposal of a subsidiary       6,000
Acquisition of intangible assets     (5,120)  
Cash paid for business combinations, net of cash acquired       (40,078)
Net cash used in investing activities (828,219) (118,966) (1,447,013) (2,450,800)
Cash flows from financing activities:        
Cash paid for repurchase of preferential beneficiaries of consolidated trusts (7,948) (1,143) (47,173) (31,250)
Cash received from short-term borrowings 235,000 33,757 87,010  
Repayment of short-term borrowings (25,000) (3,591) (63,685)  
Cash paid for dividends (390,715) (56,123)    
Repurchase of ordinary shares (42,276) (6,073) (452,262)  
Proceeds from exercise of share-based compensation plans 31,592 4,538 14,009  
Capital injection from non-controlling interest     1,458  
Proceeds from issuance of ordinary shares, net       1,677,222
Net cash provided by financing activities 1,749,512 251,301 530,097 2,132,933
Effect of exchange rate changes on cash, cash equivalents and restricted cash 11,253 1,618 41,977 (15,445)
Net increase in cash, cash equivalents and restricted cash 717,024 102,995 1,010,017 3,076,139
Cash, cash equivalents and restricted cash at beginning of year 5,293,721 760,395 4,283,704 1,207,565
Cash, cash equivalents and restricted cash at end of year 6,010,745 863,390 5,293,721 4,283,704
Supplemental disclosure of cash investing and financing activities        
Cash paid for interest including paid to investors of consolidated trusts (94,957) (13,640) (58,312) (5,376)
Cash paid for income taxes (145,825) (20,946) (180,233) (216,060)
Supplemental disclosure of non-cash investing and financing activities        
Accretion on convertible redeemable preferred shares to redemption value       3,073,471
Payable for purchase of property, equipment and software 292 42 917 6,585
Payable for repurchase of ordinary shares 4,897 703    
Receivable from exercise of share-based incentive plans 3,150 452 788  
Consolidated Trust [Member]        
Cash flows from financing activities:        
Cash received from investors 3,437,160 493,717 1,183,580 555,500
Cash paid to investors ¥ (1,488,301) $ (213,781) ¥ (192,840) ¥ (68,539)