| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|
ASSETS | ||||||
Current assets: | ||||||
Cash | ||||||
15,092 | 27,352 | 74,938 | 77,150 | 46,754 | 12,100 | 34,808 |
Restricted cash, current portion | ||||||
86,683 | 74,679 | 85,683 | 63,232 | 69,733 | 45,593 | 399 |
Short-term investment | ||||||
- | 0 | 9,262 | - | - | - | 7,916 |
Held-to-maturity securities | ||||||
- | - | - | - | - | 0 | 15,962 |
Time deposits with original maturities exceeding three months | ||||||
- | - | - | - | - | 0 | 8,003 |
Accounts receivable (net of allowance of RMB57 and RMB12,969 (US$1,993) and including amounts due from related parties amounting to RMB8,468 and RMB11,425 (US$1,756) as of December 31, 2016 and 2017, respectively) | ||||||
20,281 | 27,306 | 33,693 | 42,712 | 51,854 | 33,757 | 38,798 |
Inventories | ||||||
966 | 853 | 602 | 481 | 3,257 | 1,394 | - |
Prepayments and other current assets (net of reserve of RMB4,798 and RMB4,798 (US$737) and including amounts due from related parties amounting to RMB14,028 and RMB13,879 (US$2,133) as of December 31, 2016 and 2017, respectively) | ||||||
40,687 | 23,306 | 12,196 | 28,570 | 18,415 | 10,830 | 9,792 |
Amounts due from related parties | ||||||
- | - | - | - | 1,696 | 193 | - |
Net investment in direct financing leases, current portion | ||||||
2,905 | 8,506 | 15,590 | 23,185 | 21,279 | 14,358 | - |
Assets held-for-sale | ||||||
4,165 | 10,092 | - | - | - | - | - |
Deferred tax assets, current portion | ||||||
- | - | 378 | 573 | 1,760 | 2,663 | 888 |
Loan to a noncontrolling shareholder of a subsidiary | ||||||
- | - | - | - | - | 16,051 | - |
Total current assets | ||||||
170,779 | 172,094 | 232,342 | 235,903 | 214,748 | 136,939 | 116,566 |
Non-current assets: | ||||||
Restricted cash, non-current portion | ||||||
0 | 7,201 | 0 | 17,703 | - | 0 | 3,497 |
Prepaid land lease payments | ||||||
68,846 | 63,634 | 66,346 | 8,305 | 23,160 | 14,466 | 4,349 |
Property, plant and equipment, net | ||||||
121,970 | 111,672 | 141,841 | 120,827 | 246,555 | 244,446 | 169,800 |
Goodwill | ||||||
- | - | - | - | 48,381 | 47,011 | - |
Intangible assets, net | ||||||
1,199 | 2,476 | 6,708 | 9,871 | 19,301 | 23,517 | 20,499 |
Deposits for non-current assets (net of reserve of RMB30,860 and RMB30,860 (US$4,743) as of December 31, 2016 and 2017) | ||||||
40,911 | 38,708 | 38,757 | 16,305 | 12,665 | 26,153 | 32,935 |
Net investment in direct financing leases, non-current portion | ||||||
8,308 | 3,916 | 16,814 | 21,103 | 32,950 | 27,535 | - |
Net investment in direct financing leases, non-current portion | ||||||
- | - | - | - | - | - | 15,453 |
Deferred tax assets | ||||||
- | 0 | 4,487 | 2,769 | 2,927 | 2,907 | 3,315 |
Equity method investments | ||||||
112,532 | 30,259 | 35,657 | 35,648 | 35,914 | 37,012 | 86 |
Cost method investment | ||||||
3,406 | 3,192 | 3,421 | - | - | - | - |
Prepayment for long-term investment | ||||||
0 | 26,141 | - | - | - | - | - |
Other non-current assets | ||||||
4,671 | 5,722 | 9,591 | 8,525 | 14,346 | 18,420 | 13,780 |
Indemnification assets | ||||||
- | - | - | - | 9,832 | 9,904 | - |
Loan to a noncontrolling shareholder of a subsidiary | ||||||
- | - | - | - | 15,430 | - | - |
Total non-current assets | ||||||
361,843 | 292,921 | 323,622 | 241,056 | 461,461 | 451,371 | - |
Total non-current assets | ||||||
- | - | - | - | - | - | 263,714 |
Total assets | ||||||
532,622 | 465,015 | 555,964 | 476,959 | 676,209 | 588,310 | 380,280 |
LIABILITIES AND EQUITY | ||||||
Current liabilities (including amounts of the consolidated VIE and its subsidiaries without recourse to the primary beneficiary of RMB77,862 (US$11,967) as of December 31, 2017): | ||||||
Short-term bank and other borrowings | ||||||
78,727 | 80,998 | 87,374 | 51,918 | 80,606 | 61,489 | 2,383 |
Long-term bank and other borrowings, current portion (including loan from related party of nil and RMB162,297 (US$ 24,945) as of December 31, 2016 and 2017, respectively) | ||||||
30,300 | 11,901 | 54,152 | 39,686 | 45,148 | 30,734 | 12,310 |
Accounts payable | ||||||
701 | 295 | 125 | 171 | 24,648 | 16,141 | 345 |
Accrual for purchases of property, plant and equipment | ||||||
- | 518 | 753 | 1,899 | 8,217 | 6,531 | - |
Accrual for purchase of property, plant and equipment | ||||||
- | - | - | - | - | - | 2,112 |
Obligations under capital leases | ||||||
- | - | - | - | - | 340 | 569 |
Accrued expenses and other liabilities (including interest payable to related party of RMB5,894 and RMB5,523 (US$849) as of December 31, 2016 and 2017, respectively) | ||||||
59,313 | 39,405 | 35,404 | 20,983 | 24,198 | 14,773 | - |
Accrued expenses and other liabilities | ||||||
- | - | - | - | - | - | 9,390 |
Income tax payable | ||||||
921 | 3,475 | 10,383 | 9,050 | 7,962 | 3,602 | 3,326 |
Deferred revenue, current portion | ||||||
- | 31 | 235 | 167 | 2,588 | 3,046 | 2,084 |
Dividend payable | ||||||
359 | 359 | 44,484 | - | - | - | - |
Amount due to related parties, current portion | ||||||
- | - | - | - | 531 | 949 | - |
Contingent business acquisition consideration | ||||||
- | - | - | - | - | 0 | 1,906 |
Deferred tax liabilities, current portion | ||||||
- | - | 347 | 198 | 142 | 361 | - |
Total current liabilities | ||||||
170,321 | 136,982 | 233,257 | 124,072 | 194,040 | 137,966 | 34,425 |
Non-current liabilities (including amounts of the consolidated VIE and its subsidiaries without recourse to the primary beneficiary of RMB404,597 (US$62,185) as of December 31, 2017): | ||||||
Long-term bank and other borrowings, non-current portion (including loan from related party of RMB172,475 and RMB280,459 (US$ 43,105) as of December 31, 2016 and 2017, respectively) | ||||||
43,740 | 31,063 | 42,174 | 54,069 | 53,682 | 48,298 | 17,271 |
Deferred revenue, non-current portion | ||||||
- | - | - | - | - | - | 1,087 |
Obligations under capital leases, non-current portion | ||||||
- | - | - | - | - | - | 364 |
Lease deposits | ||||||
- | - | - | - | - | - | 318 |
Deferred tax liabilities | ||||||
11,309 | 7,152 | 7,489 | 8,095 | 5,433 | 5,728 | 2,995 |
Long-term secured borrowings | ||||||
25,129 | 35,806 | 51,235 | - | - | - | - |
Advances from long-term investment | ||||||
0 | - | - | - | - | - | - |
Mandatorily redeemable noncontrolling interest | ||||||
60,907 | - | - | - | - | - | - |
Accrued unrecognized tax benefits and surcharges, non-current portion | ||||||
- | - | - | - | 11,186 | 16,770 | - |
Amounts due to related parties, non-current portion | ||||||
53,943 | 76,177 | - | - | 4,432 | 4,306 | - |
Other long-term liabilities | ||||||
11,283 | 424 | 470 | 604 | - | - | - |
Other long-term liabilities | ||||||
- | - | - | - | 5,413 | 5,561 | - |
Total non-current liabilities | ||||||
206,311 | 150,622 | 101,368 | 62,768 | 80,146 | 74,763 | 22,035 |
Total liabilities | ||||||
376,632 | 287,604 | 334,625 | 186,840 | 274,186 | 212,729 | 56,460 |
Commitments and contingencies | ||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 |
Equity: | ||||||
Ordinary shares (par value of US$0.0001 per share; authorized shares?500,000,000; issued shares?142,353,532 as of December 31, 2016 and 2017; outstanding shares?130,091,977 as of December 31, 2016 and 2017) | ||||||
16 | 15 | 16 | 17 | 17 | 17 | 17 |
Treasury stock (12,261,555 shares as of December 31, 2016 and 2017) | ||||||
1 | 1 | 1 | 1 | 1 | 1 | - |
Additional paid-in capital | ||||||
285,994 | 266,779 | 273,910 | 334,288 | 416,330 | 404,086 | 405,452 |
Accumulated other comprehensive loss | ||||||
-7,288 | -12,670 | -7,190 | -3,006 | -2,522 | -2,721 | -2,796 |
Accumulated deficit | ||||||
-135,160 | -86,158 | -51,920 | -41,583 | -63,294 | -75,289 | -95,313 |
Total Concord Medical Services Holdings Limited shareholders equity | ||||||
143,561 | 167,965 | 214,815 | 289,715 | 350,530 | 326,092 | 307,360 |
Noncontrolling interests | ||||||
12,429 | 9,446 | 6,524 | 404 | 51,493 | 49,489 | 16,460 |
Total equity | ||||||
155,990 | 177,411 | 221,339 | 290,119 | 402,023 | 375,581 | 323,820 |
Total liabilities and equity | ||||||
532,622 | 465,015 | 555,964 | 476,959 | 676,209 | 588,310 | 380,280 |