| Dec'17 | ||||||
|---|---|---|---|---|---|---|
Series A redeemable convertible preferred shares | ||||||
Series B redeemable convertible preferred shares | ||||||
Series C redeemable convertible preferred shares | ||||||
Series D redeemable convertible preferred shares | ||||||
Series E redeemable convertible preferred shares | ||||||
Series F redeemable convertible preferred shares | ||||||
Series G-1 redeemable convertible preferred shares | ||||||
Series G-2 redeemable convertible preferred shares | ||||||
Class A ordinary shares | ||||||
Class B ordinary shares | ||||||
Class C ordinary shares | ||||||
ASSETS | ||||||
Current assets: | ||||||
Cash and cash equivalents | ||||||
190 | ||||||
Restricted cash | ||||||
254 | ||||||
Accounts and notes receivables, net of allowance of RMB6,708 and RMB5,794 (US$891) as of December 31, 2016 and 2017, respectively | ||||||
112 | ||||||
Inventories | ||||||
24 | ||||||
Prepayments and other current assets | ||||||
224 | ||||||
Short-term investments | ||||||
361 | ||||||
Lease rental receivables | ||||||
29 | ||||||
Amounts due from related parties | ||||||
25 | ||||||
Total current assets | ||||||
1,222 | ||||||
Non-current assets: | ||||||
Property and equipment, net | ||||||
200 | ||||||
Intangible assets, net | ||||||
24 | ||||||
Long-term investments | ||||||
5 | ||||||
Goodwill | ||||||
68 | ||||||
Non-current deposits | ||||||
10 | ||||||
Other non-current assets | ||||||
9 | ||||||
Lease rental receivables | ||||||
115 | ||||||
Restricted cash | ||||||
13 | ||||||
Total non-current assets | ||||||
449 | ||||||
Total assets | ||||||
1,671 | ||||||
LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS' (DEFICIT)/EQUITY | ||||||
Current liabilities (including current liabilities of the consolidated VIE without recourse to the primary beneficiary of RMB2,369,082 and RMB3,810,970 (US$585,735) as of December 31, 2016 and 2017, respectively): | ||||||
Short-term bank loans | ||||||
186 | ||||||
Accounts and notes payable | ||||||
367 | ||||||
Income tax payable | ||||||
0 | ||||||
Customer advances and deposits | ||||||
139 | ||||||
Accrued expenses and other liabilities | ||||||
282 | ||||||
Capital lease obligation | ||||||
1 | ||||||
Amounts due to related parties | ||||||
1 | ||||||
Total current liabilities | ||||||
980 | ||||||
Non-current liabilities (including non-current liabilities of the consolidated VIE without recourse to the primary beneficiary of RMB7,535 (US$1,111) and RMB99,594 (US$15,308) as of December 31, 2016 and 2017, respectively): | ||||||
Capital lease obligation | ||||||
0 | ||||||
Deferred tax liabilities | ||||||
4 | ||||||
Other non-current liabilities | ||||||
11 | ||||||
Total non-current liabilities | ||||||
16 | ||||||
Total liabilities | ||||||
996 | ||||||
Commitments and contingencies | ||||||
0 | ||||||
Shareholders' (deficit)/equity: | ||||||
Additional paid in capital | ||||||
2,957 | ||||||
Accumulated deficit | ||||||
-2,287 | ||||||
Accumulated other comprehensive income | ||||||
1 | ||||||
BEST Inc. shareholders' (deficit)/equity | ||||||
675 | ||||||
Non-controlling interests | ||||||
0 | ||||||
Total shareholders' (deficit)/equity | ||||||
675 | ||||||
Total liabilities, mezzanine equity and shareholders' (deficit)/equity | ||||||
1,671 | ||||||