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Discontinued operations (Tables)
12 Months Ended
Dec. 31, 2017
Disposal Groups, Including Discontinued Operations
Results of discontinued operations
 
The disposal of the web game business was completed in January 2018 resulting in a disposal gain of approximately USD 1,400,000.
 
Results of the discontinued operation
USD (In thousands)
 
2015
 
2016
 
2017
 
Operating loss of Xunlei Kankan
 
 
(11,553)
 
 
(243)
 
 
 
Gain on disposal of Kankan
 
 
1,505
 
 
 
 
 
Operating income of web game business
 
 
19,056
 
 
8,034
 
 
7,538
 
Total income from discontinued operations before income tax
 
 
9,008
 
 
7,791
 
 
7,538
 
Xunlei Kankan - Income tax (expenses)/benefit
 
 
(2,048)
 
 
36
 
 
 
Web game business - Income tax expenses
 
 
(2,859)
 
 
(1,204)
 
 
(1,131)
 
Total income tax expense from discontinued operations
 
 
(4,907)
 
 
(1,168)
 
 
(1,131)
 
Total net profit from discontinued operations
 
 
4,101
 
 
6,623
 
 
6,407
 
Web Game Business [Member]  
Disposal Groups, Including Discontinued Operations
Results of the discontinued operation
 
USD (In thousands)
 
2015
 
2016
 
2017
 
Revenues, net of rebates and discounts
 
 
25,160
 
 
15,981
 
 
11,428
 
Business taxes and surcharges
 
 
(45)
 
 
(25)
 
 
(27)
 
Net revenues
 
 
25,115
 
 
15,956
 
 
11,401
 
Cost of revenues
 
 
(785)
 
 
(391)
 
 
(522)
 
Gross profit
 
 
24,330
 
 
15,565
 
 
10,879
 
Operating expenses
 
 
 
 
 
 
 
 
 
 
Research and development expenses
 
 
(2,488)
 
 
(3,192)
 
 
(2,217)
 
Sales and marketing expenses
 
 
(2,631)
 
 
(4,180)
 
 
(1,025)
 
General and administrative expenses
 
 
(155)
 
 
(159)
 
 
(99)
 
Total operating expenses
 
 
(5,274)
 
 
(7,531)
 
 
(3,341)
 
Operating income
 
 
19,056
 
 
8,034
 
 
7,538
 
Income tax expenses
 
 
(2,859)
 
 
(1,204)
 
 
(1,131)
 
Income from discontinued operations
 
 
16,197
 
 
6,830
 
 
6,407
 
 
Assets and liabilities of the discontinued operation
 
USD (In thousands)
 
2016
 
2017
 
Property and equipment, net
 
 
20
 
 
26
 
Total assets held for sale
 
 
20
 
 
26
 
 
 
 
 
 
 
 
 
Deferred revenue, current portion
 
 
1,338
 
 
822
 
Total liabilities held for sale
 
 
1,338
 
 
822
 
 
Cash flows generated from/ (used in) discontinued operations
 
USD (In thousands)
 
2015
 
2016
 
2017
 
Net cash generated from operating activities
 
 
15,286
 
 
5,492
 
 
5,585
 
Net cash used in investing activities
 
 
(1)
 
 
(12)
 
 
(13)
 
Net cash used in financing activities
 
 
 
 
 
 
 
Net cash flow for the year
 
 
15,285
 
 
5,480
 
 
5,572
 
Xunlei Kankan [Member]  
Disposal Groups, Including Discontinued Operations
Results of the discontinued operation
 
USD (In thousands)
 
2015
 
2016
 
2017
 
Revenues, net of rebates and discounts
 
 
15,677
 
 
 
 
 
Business taxes and surcharges
 
 
(447)
 
 
 
 
 
Net revenues
 
 
15,230
 
 
 
 
 
Cost of revenues
 
 
(13,240)
 
 
 
 
 
Gross profit
 
 
1,990
 
 
 
 
 
Operating expenses
 
 
 
 
 
 
 
 
 
Research and development expenses
 
 
(3,245)
 
 
5
 
 
 
Sales and marketing expenses
 
 
(7,384)
 
 
(27)
 
 
 
General and administrative expenses
 
 
(3,051)
 
 
(221)
 
 
 
Total operating expenses
 
 
(13,680)
 
 
(243)
 
 
 
Net gain from exchanges of content copyrights
 
 
137
 
 
 
 
 
Operating loss
 
 
(11,553)
 
 
(243)
 
 
 
Gain on disposal of Kankan
 
 
1,505
 
 
 
 
 
Income tax credit/(expenses)
 
 
(2,048)
 
 
36
 
 
 
Loss from discontinued operations
 
 
(12,096)
 
 
(207)
 
 
 
 
Cash flows generated from/ (used in) discontinued operations
 
USD (In thousands)
 
2015
 
2016
 
2017
 
Net cash used in operating activities
 
 
(1,554)
 
 
(215)
 
 
 
Net cash generated from investing activities
 
 
9,135
 
 
 
 
 
Net cash used in financing activities
 
 
 
 
 
 
 
Net cash flow for the year
 
 
7,581
 
 
(215)