| Dec'17 | Dec'16 | Dec'15 | Dec'14 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-1 | -491 | -1,449 | -805 | |||
(Income)/loss from discontinued operation, net of income tax | ||||||
1 | - | - | - | |||
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
644 | 523 | 404 | 266 | |||
Share-based compensation | ||||||
427 | 337 | 184 | 684 | |||
Allowance for doubtful accounts | ||||||
- | 124 | 64 | 11 | |||
Loss from disposal of property, equipment and software | ||||||
-1 | -2 | -1 | -4 | |||
Deferred income tax | ||||||
-33 | -5 | -6 | -0 | |||
Amortization of discounts and issuance costs of the unsecured senior notes | ||||||
2 | 1 | - | - | |||
Impairment of goodwill and intangible assets | ||||||
- | - | 424 | - | |||
Impairment of investments accounted for under cost method and available-for-sale securities | ||||||
21 | 91 | 94 | - | |||
Gain from business and investment disposals | ||||||
11 | 177 | - | - | |||
Gain from the sales of investments | ||||||
- | - | 0 | - | |||
Share of results of equity investees | ||||||
-296 | -401 | -483 | - | |||
Investment losses/ (income) | ||||||
- | - | - | 0 | |||
Foreign exchange (gains)/losses | ||||||
32 | -21 | -8 | -4 | |||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
83 | 1,396 | 1,141 | 323 | |||
Restricted cash | ||||||
312 | -75 | 166 | 111 | |||
Inventories | ||||||
1,965 | 1,205 | 1,288 | 935 | |||
Loan receivables | ||||||
- | 10 | 356 | 20 | |||
Investment securities | ||||||
- | 0 | - | - | |||
Advance to suppliers | ||||||
21 | 70 | 2 | 25 | |||
Prepayments and other current assets | ||||||
50 | 76 | -38 | 195 | |||
Other investments | ||||||
- | 36 | - | - | |||
Amount due from related parties | ||||||
-377 | 69 | 62 | 66 | |||
Other non-current assets | ||||||
57 | -24 | 180 | 10 | |||
Accounts payable | ||||||
4,012 | 1,972 | 2,024 | 790 | |||
Advance from customers | ||||||
328 | 641 | 387 | 420 | |||
Deferred revenues | ||||||
-57 | -101 | -72 | -10 | |||
Taxes payable | ||||||
14 | 71 | -20 | -6 | |||
Accrued expenses and other current liabilities | ||||||
710 | 611 | 340 | 481 | |||
Amount due to related parties | ||||||
-10 | 4 | 10 | 10 | |||
Net cash provided by continuing operating activities | ||||||
4,197 | 1,262 | -279 | 163 | |||
Net cash used in discontinued operating activities | ||||||
-382 | - | - | - | |||
Net cash provided by operating activities | ||||||
3,814 | - | - | - | |||
Cash flows from investing activities: | ||||||
Purchase of short-term investments | ||||||
1,273 | 2,444 | 775 | 3,079 | |||
Maturity of short-term investments | ||||||
954 | 1,834 | 2,566 | 1,265 | |||
Changes of deposits for capital verification | ||||||
- | - | - | -87 | |||
Purchases of investment securities | ||||||
1,202 | 160 | 175 | 67 | |||
Cash received from disposal of investment securities | ||||||
- | 52 | - | - | |||
Purchase of other investments | ||||||
- | 3,480 | - | - | |||
Maturity of other investments | ||||||
- | 965 | - | - | |||
Prepayments and investments in equity investees | ||||||
954 | 1,103 | 1,104 | 70 | |||
Cash received from disposal of equity investment | ||||||
31 | 4 | - | - | |||
Changes in restricted cash | ||||||
-33 | 403 | - | - | |||
Cash paid for loan originations | ||||||
3,747 | 6,503 | - | - | |||
Cash received from loan repayments | ||||||
3,538 | 5,017 | - | - | |||
Purchase of property, equipment and software | ||||||
506 | 341 | 436 | 229 | |||
Cash paid for construction in progress | ||||||
502 | 195 | 237 | 167 | |||
Purchase of intangible assets | ||||||
1 | 7 | 1 | 2 | |||
Purchase of land use rights | ||||||
735 | 97 | 142 | 68 | |||
Cash paid for business combination, net of cash acquired (Note 8) | ||||||
24 | 88 | 44 | -203 | |||
Loans (provided to)/settled by JD Finance | ||||||
-951 | - | - | - | |||
Proceeds from JD Finance Reorganization (Note 6) | ||||||
2,002 | - | - | - | |||
Net cash used in continuing investing activities | ||||||
-3,339 | -6,952 | -352 | -2,127 | |||
Net cash provided by/(used in) discontinued investing activities | ||||||
-2,424 | - | - | - | |||
Net cash used in investing activities | ||||||
-5,763 | - | - | - | |||
Cash flows from financing activities: | ||||||
Proceeds from issuance of ordinary shares, net | ||||||
- | - | - | 2,812 | |||
Repurchase of ordinary shares | ||||||
- | 768 | - | - | |||
Purchase of capped call options | ||||||
- | 289 | - | - | |||
Proceeds from settlement of capped call options | ||||||
113 | 210 | - | - | |||
Proceeds from issuance of ordinary shares pursuant to stock plans | ||||||
20 | 11 | 11 | - | |||
Proceeds from issuance of redeemable preferred shares of JD Finance | ||||||
- | 952 | - | - | |||
Capital injection from non-controlling interest shareholders | ||||||
32 | 25 | 22 | - | |||
Proceeds from short-term borrowings | ||||||
107 | 2,656 | - | - | |||
Repayment of short-term borrowings | ||||||
362 | 1,894 | - | - | |||
Proceeds from unsecured senior notes, net of discount and debt issuance costs | ||||||
- | 915 | - | - | |||
Proceeds from short-term bank loans | ||||||
- | - | 751 | 304 | |||
Repayment of short-term bank loans | ||||||
- | - | 575 | 152 | |||
Proceeds from nonrecourse securitization debt | ||||||
2,536 | 1,592 | 514 | - | |||
Repayment of nonrecourse securitization debt | ||||||
1,673 | 132 | - | - | |||
Proceeds from other financing activities | ||||||
22 | - | - | - | |||
Proceeds from sales of financial products | ||||||
- | 3,665 | - | - | |||
Redemption of financial products | ||||||
- | 1,083 | - | - | |||
Net cash provided by continuing financing activities | ||||||
796 | 5,861 | 725 | 2,964 | |||
Net cash provided by discontinued financing activities | ||||||
2,160 | - | - | - | |||
Net cash provided by financing activities | ||||||
2,956 | - | - | - | |||
Effect of exchange rate changes on cash and cash equivalents | ||||||
-98 | 102 | 52 | -16 | |||
Net increase in cash and cash equivalents | ||||||
909 | 274 | 146 | 983 | |||
Supplemental cash flow disclosures of continuing operations: | ||||||
Cash paid for income taxes | ||||||
37 | 16 | 3 | - | |||
Cash paid for interest | ||||||
88 | 105 | 9 | - | |||
Supplemental disclosures of non-cash investing and financing activities: | ||||||
Conversion of preferred shares to ordinary shares | ||||||
- | - | - | 2,494 | |||
Certain time deposits pledged for short-term bank loan | ||||||
- | - | - | 322 | |||
Equity investments obtained through commitment of future services and contribution of certain business | ||||||
- | 326 | 592 | - | |||