XML 24 R43.htm IDEA: XBRL DOCUMENT

Equity Investments (Tables)

12 Months Ended

Dec. 31, 2019

Condensed financial information of equity method investments

The Group summaries the condensed financial information of the Group’s equity method investments as a group below in accordance with Rule 4-08 of Regulation S-X (in thousands):

	For the Years Ended December 31,
	2017		2018		2019*			2019
	RMB		RMB		RMB			US$
Operating data:
Revenues		171,335		220,656		37,987			5,456
Gross profit		101,424		140,701		25,874			3,717
Net income/(loss)		2,562		1,747		(21,583	)		(3,100	)
Net income/(loss) attributable to the equity method investees		2,562		577		(21,442	)		(3,080	)
PNM’s share of net income/(loss)		6,796		5,352		(3,968	)		(570	)

* Tianbo has been a subsidiary of the Company’s VIE and no longer an equity method investee since April 1, 2019. The operating data here only included the data of Tianbo from January 1, 2019 to March 31, 2019.

	As of December 31,
	2018		2019*		2019
	RMB		RMB		US$
Balance sheet data:
Current assets		249,386		3,251		467
Non-current assets		20,428		17		2
Current liabilities		286,695		59,685		8,573

* Tianbo has been a subsidiary of the Company’s VIE and no longer an equity method investee since April 1, 2019. The balance sheet data here did not include the data of Tianbo as of December 31, 2019.