| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|
Revenues: | ||||||
Leased and owned hotels | ||||||
974,944 | 750,743 | - | - | - | - | - |
Leased hotels | ||||||
- | - | 769,840 | 728,884 | 639,425 | 492,678 | - |
Manachised and franchised hotels | ||||||
274,605 | 203,249 | 173,512 | 119,717 | 90,846 | 56,154 | 33,786 |
Others | ||||||
6,187 | 4,496 | - | - | - | - | - |
Total revenues | ||||||
1,255,736 | 958,488 | 943,352 | 848,601 | 730,271 | 548,832 | 379,030 |
Less: Business tax and related taxes | ||||||
- | 16,729 | 51,904 | 48,432 | 41,663 | 31,260 | 21,605 |
Net revenues | ||||||
1,255,736 | 941,759 | - | - | - | 517,572 | 357,425 |
Net revenues | ||||||
- | - | 891,448 | 800,169 | 688,608 | - | 345,244 |
Operating costs and expenses: | ||||||
Hotel operating costs | ||||||
872,101 | 710,381 | 696,556 | 625,025 | 525,574 | 393,878 | 270,633 |
Other operating costs | ||||||
2,663 | 1,095 | - | - | - | - | - |
Selling and marketing expenses | ||||||
33,039 | 21,104 | 27,720 | 30,209 | 22,817 | 16,503 | 15,055 |
General and administrative expenses | ||||||
106,200 | 70,883 | 62,214 | 55,141 | 47,038 | 34,893 | 25,431 |
Pre-opening expenses | ||||||
31,731 | 10,348 | 16,983 | 30,030 | 34,902 | 37,028 | 29,282 |
Total operating costs and expenses | ||||||
1,045,734 | 813,811 | 803,473 | 740,405 | 630,331 | 482,302 | 340,401 |
Other operating income (expenses), net | ||||||
10,940 | -2,512 | - | - | - | - | - |
Other operating income, net | ||||||
- | - | 4,827 | 2,990 | 4,584 | - | - |
Income from operations | ||||||
220,942 | 125,436 | 92,802 | 62,754 | 62,861 | 35,270 | 17,024 |
Interest income | ||||||
17,313 | 9,703 | 4,124 | 3,733 | 1,133 | 2,336 | 2,877 |
Interest expense | ||||||
13,421 | 1,592 | 595 | 247 | 134 | 132 | 140 |
Other income (expense), net | ||||||
25,157 | 19,265 | 630 | 765 | 315 | - | - |
Other income | ||||||
- | - | - | - | - | 354 | 421 |
Foreign exchange gain (loss) | ||||||
-2,786 | 2,373 | 1,206 | -39 | 3 | -321 | 2,531 |
Income before income taxes | ||||||
247,205 | 155,185 | 98,167 | 66,966 | 64,178 | 37,507 | 22,713 |
Income tax expense | ||||||
55,325 | 41,354 | 30,339 | 18,229 | 17,315 | 8,695 | 3,943 |
Income (loss) from equity method investments | ||||||
-1,811 | 886 | - | - | - | - | - |
Net income | ||||||
190,069 | 114,717 | 67,828 | 48,737 | 46,863 | 28,812 | 18,770 |
Less: net income (loss) attributable to noncontrolling interest | ||||||
-86 | -1,171 | 429 | -799 | 634 | 741 | 525 |
Net income attributable to China Lodging Group, Limited | ||||||
190,155 | 115,888 | 67,399 | 49,536 | 46,229 | 28,071 | 18,245 |
Other comprehensive income | ||||||
Unrealized securities holding gains, net of tax of 7,151, (1,810) and (7,965) for 2015, 2016 and 2017 | ||||||
133 | 2,369 | 10,508 | 4,587 | - | - | - |
Reclassification of realized gains to net income, net of tax | ||||||
812 | 9,783 | - | - | - | - | - |
Foreign currency translation adjustments, net of tax of nil for 2015, 2016 and 2017 | ||||||
27,186 | -1,819 | 546 | -175 | -161 | 122 | - |
Comprehensive income | ||||||
216,576 | 105,484 | 78,882 | 53,149 | 46,702 | 28,934 | - |
Comprehensive income (loss) attributable to the noncontrolling interest | ||||||
-86 | -1,171 | 429 | -799 | 634 | 741 | - |
Comprehensive income attributable to China Lodging Group, Limited | ||||||
216,662 | 106,655 | 78,453 | 53,948 | 46,068 | 28,193 | - |
Earnings per share: | ||||||
Basic (in RMB and dollars per share) | ||||||
0.68 | 0.42 | 0.27 | 0.20 | 0.19 | 0.12 | 0.08 |
Diluted (in RMB and dollars per share) | ||||||
0.65 | 0.41 | 0.26 | 0.20 | 0.19 | 0.11 | 0.08 |
Weighted average number of shares used in computation: | ||||||
Basic (in shares) | ||||||
279,272 | 275,139 | 250,533 | 248,957 | 245,187 | 243,284 | 241,928 |
Diluted (in shares) | ||||||
293,073 | 282,889 | 256,104 | 253,004 | 249,486 | 246,981 | 246,181 |