| Dec'17 | Dec'16 | Dec'15 | Dec'14 | |||
|---|---|---|---|---|---|---|
ASSETS | ||||||
Current assets: | ||||||
Cash and cash equivalents | ||||||
103,184 | 76,266 | 402,928 | 149,277 | |||
Restricted cash | ||||||
94,081 | 37,024 | 31,946 | 31,066 | |||
Accounts receivable, net of allowance for doubtful accounts of RMB9,159,321 and RMB14,447,724 as of December 31, 2016 and 2017, respectively | ||||||
55,776 | 30,680 | 27,717 | 18,032 | |||
Receivables from a related party | ||||||
12,806 | 252 | 1,137 | - | |||
Prepaid expenses and other current assets | ||||||
231,445 | 104,823 | 58,329 | 31,525 | |||
Short-term loans receivable | ||||||
7,684 | 7,201 | - | - | |||
Vehicles held for sale | ||||||
12,127 | 23,150 | 7,018 | - | |||
Deferred tax assets, current | ||||||
0 | 265 | - | - | |||
Total current assets | ||||||
517,107 | 279,663 | 529,078 | 229,903 | |||
Long-term investment | ||||||
1,659 | - | - | - | |||
Cost method investment | ||||||
- | - | - | 24,655 | |||
Property and equipment, net | ||||||
1,084,648 | 824,365 | 632,408 | 312,678 | |||
Intangible assets | ||||||
10,221 | 9,232 | 7,003 | 6,164 | |||
Vehicle purchase deposits | ||||||
56,535 | 60,625 | 33,457 | 28,073 | |||
Deferred tax assets, non-current | ||||||
0 | 93 | - | - | |||
Other non-current assets | ||||||
9,500 | 1,441 | 2,306 | 3,824 | |||
Total assets | ||||||
1,679,673 | 1,175,422 | 1,204,254 | 605,299 | |||
LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||
Current liabilities: | ||||||
Accounts payable | ||||||
94,964 | 25,907 | 121,321 | 884 | |||
Payables due to a related party | ||||||
32 | 2,316 | 1,660 | - | |||
Accrued expenses and other current liabilities | ||||||
66,687 | 38,670 | 29,792 | 20,615 | |||
Income tax payable | ||||||
2,794 | 783 | 13,773 | 337 | |||
Short-term debt due to third parties | ||||||
393,072 | 133,403 | 123,982 | 87,115 | |||
Short-term debt due to a related party | ||||||
15,369 | - | - | - | |||
Total current liabilities | ||||||
572,920 | 201,081 | 290,529 | 108,953 | |||
Long-term debt due to third parties | ||||||
454,491 | 384,246 | 257,719 | - | |||
Long-term debt due to a related party | ||||||
0 | 14,402 | 46,312 | - | |||
Deferred tax liabilities, non-current | ||||||
4,247 | 152 | - | - | |||
Long-term borrowings | ||||||
- | - | - | 114,952 | |||
Other non-current liabilities | ||||||
1,479 | 696 | 216 | - | |||
Total liabilities | ||||||
1,033,139 | 600,580 | 594,777 | 223,906 | |||
Commitments and contingencies (Note 20) | ||||||
0 | 0 | 0 | - | |||
Shareholders' equity: | ||||||
Common shares, US$0.001 par value, 500,000,000 and 500,000,000 (including 407,328,619 Class A and 92,671,381 Class B) shares authorized; 138,860,287 (including 67,547,921 Class A and 71,312,366 Class B) and 138,890,287 (including 73,251,730 Class A and 65,638,557 Class B) shares issued and outstanding as of December 31, 2016 and December 31, 2017, respectively | ||||||
135 | 126 | 133 | 117 | |||
Additional paid-in capital | ||||||
689,984 | 644,491 | 684,405 | - | |||
Additional paid-in capital | ||||||
- | - | - | 583,703 | |||
Accumulated other comprehensive income | ||||||
18,729 | 6,222 | 11,509 | 184 | |||
Accumulated deficit | ||||||
-62,314 | -75,997 | -86,570 | -202,612 | |||
Total shareholders' equity | ||||||
646,534 | 574,842 | 609,477 | 381,393 | |||
Total liabilities and shareholders' equity | ||||||
1,679,673 | 1,175,422 | 1,204,254 | 605,299 | |||