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PARENT ONLY FINANCIAL INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2016
PARENT ONLY FINANCIAL INFORMATION [Abstract] |
Condensed Balance Sheets |
|  | December 31, |
|  | 2015 |  | 2016 |
|  | RMB |  | RMB |
ASSETS |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |
Cash |  |  | 6,275 |  |  | 43,770 |
Time deposits |  |  | 397,388 |  |  | 242,795 |
Restricted time deposits |  |  | 150,000 |  |  | — |
Prepaid expenses and other current assets |  |  | 10,843 |  |  | 1,855 |
Total current assets |  |  | 564,506 |  |  | 288,420 |
Investments and loans to subsidiaries |  |  | 786,264 |  |  | 1,316,552 |
Total assets |  |  | 1,350,770 |  |  | 1,604,972 |
LIABILITIESAND SHAREHOLDERS’ EQUITY |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |
Accrued expenses and other current liabilities |  |  | 6,522 |  |  | 3,409 |
Total current liabilities |  |  | 6,522 |  |  | 3,409 |
Other non-current liabilities |  |  | 5,634 |  |  | 3,343 |
Total liabilities |  |  | 12,156 |  |  | 6,752 |
Commitments and contingencies |  |  | — |  |  | — |
Shareholders’ equity: |  |  |  |  |  |  |
Class A ordinary shares (US$0.001 par value,860,000,000 shares authorized, 44,914,538 and 48,735,228 shares issued, 43,988,425 and 47,160,248 shares outstanding as of December 31, 2015 and 2016, respectively) |  |  | 276 |  |  | 302 |
Class B ordinary shares (US$0.001 par value, 40,000,000 shares authorized, 10,574,896 shares and 8,895,249 shares issued and outstanding as of December 31, 2015 and 2016, respectively) |  |  | 98 |  |  | 86 |
Treasury shares (926,113 and 1,574,980 class A ordinary shares as of December 31, 2015 and 2016, respectively, at cost) |  |  | (49,355) |  |  | (93,761) |
Additional paid-in capital |  |  | 907,018 |  |  | 995,216 |
Accumulated other comprehensive income |  |  | 30,232 |  |  | 58,204 |
Retained earnings |  |  | 450,345 |  |  | 638,173 |
Total shareholders’ equity |  |  | 1,338,614 |  |  | 1,598,220 |
Total liabilities and shareholders’ equity |  |  | 1,350,770 |  |  | 1,604,972 |
Condensed Statements of Comprehensive Income |
|  | Year Ended December 31, |
|  | 2014 |  | 2015 |  | 2016 |
|  | RMB |  | RMB |  | RMB |
General and administrative expenses |  |  | (1,047) |  |  | (4,241) |  |  | (4,477) |
Operating loss |  |  | (1,047) |  |  | (4,241) |  |  | (4,477) |
Equity in income of subsidiaries |  |  | 129,811 |  |  | 194,914 |  |  | 253,396 |
Foreign currency exchange gains (loss) |  |  | 7,251 |  |  | (31,923) |  |  | (4,753) |
Interest income |  |  | 14,059 |  |  | 17,610 |  |  | 8,027 |
Loss on foreign currency forward contract |  |  | — |  |  | — |  |  | (12,898) |
Other income |  |  | 1,776 |  |  | 2,400 |  |  | 2,559 |
Income before income taxes |  |  | 151,850 |  |  | 178,760 |  |  | 241,854 |
Income tax expense |  |  | — |  |  | — |  |  | — |
Net income |  |  | 151,850 |  |  | 178,760 |  |  | 241,854 |
Other comprehensive income |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustment, net of nil income tax |  |  | (2,896) |  |  | 34,748 |  |  | 22,972 |
Unrealized holding gains on available for sale securities, net of RMB42 income taxes |  |  | — |  |  | — |  |  | 5,235 |
Less: reclassification adjustment for gains on available for sale securities realized in net income, net of RMB42 income taxes |  |  | — |  |  | — |  |  | (235) |
Comprehensive income |  |  | 148,954 |  |  | 213,508 |  |  | 269,826 |
Condensed Statements of Cash Flows |
|  | Year Ended December 31, |
|  | 2014 |  | 2015 |  | 2016 |
|  | RMB |  | RMB |  | RMB |
Operating activities: |  |  |  |  |  |  |  |  |  |
Net cash provided by (used in) operating activities |  |  | 19,036 |  |  | 9,770 |  |  | (10,272) |
Investing activities: |  |  |  |  |  |  |  |  |  |
Purchase of time deposits |  |  | (569,312) |  |  | (588,426) |  |  | (298,688) |
Proceeds from maturity of time deposits |  |  | 3,071 |  |  | 603,501 |  |  | 620,607 |
Investments made to subsidiaries |  |  | (104,662) |  |  | — |  |  | (198,137) |
Net cash provided by (used in) investing activities |  |  | (670,903) |  |  | 15,075 |  |  | 123,782 |
Financing activities: |  |  |  |  |  |  |  |  |  |
Advances from a related party |  |  | — |  |  | 1,432 |  |  | — |
Repayment of advances from a related party |  |  | — |  |  | (1,432) |  |  | — |
Issuance of Class A ordinary shares upon the IPO |  |  | 592,161 |  |  | — |  |  | — |
Issuance of Class A ordinary shares in private placement concurrent with the IPO |  |  | 83,052 |  |  | — |  |  | — |
Issuance of Class A ordinary shares in connection with exercise of share options |  |  | 1,518 |  |  | 22,456 |  |  | 20,388 |
Payment of dividends |  |  | — |  |  | — |  |  | (54,026) |
Repurchase of treasury shares |  |  | — |  |  | (49,355) |  |  | (44,406) |
Payment of IPO costs |  |  | (17,228) |  |  | — |  |  | — |
Net cash provided by (used in) financing activities |  |  | 659,503 |  |  | (26,899) |  |  | (78,044) |
Effect of foreign currency exchange rate changes on cash and cash equivalents |  |  | (27) |  |  | 398 |  |  | 2,029 |
Net increase (decrease) in cash and cash equivalents |  |  | 7,609 |  |  | (1,656) |  |  | 37,495 |
Cash and cash equivalents at beginning of year |  |  | 322 |  |  | 7,931 |  |  | 6,275 |
Cash and cash equivalents at end of year |  |  | 7,931 |  |  | 6,275 |  |  | 43,770 |
Non-cash investing and financing activities: |  |  |  |  |  |  |  |  |  |
Conversion of Series A convertible redeemable preferred shares to Class B ordinary shares |  |  | 3,648 |  |  | — |  |  | — |
Conversion of Series B convertible redeemable preferred shares to Class B ordinary shares |  |  | 107,994 |  |  | — |  |  | — |
Conversion of Series C convertible redeemable preferred shares to Class B ordinary shares |  |  | 592,849 |  |  | — |  |  | — |

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