| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | |
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net income/(loss) | ||||||
-5,684 | 21,630 | 20,817 | 65,960 | 25,004 | 8,104 | |
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities: | ||||||
Share-based compensation | ||||||
3,644 | 4,994 | 7,157 | 6,365 | 32,792 | 264 | |
Impairment of investments | ||||||
292 | - | - | - | - | - | |
Impairment of investment security | ||||||
- | 16,533 | - | - | - | - | |
Accounts receivable write off | ||||||
0 | - | 2,865 | - | - | - | |
Advances to suppliers write off | ||||||
0 | 3,943 | 3,039 | - | - | - | |
Loans receivable write off | ||||||
0 | 240 | - | - | - | - | |
Provision for/(reversal) of inventory write-down | ||||||
1,694 | -470 | 3,171 | 1,052 | 527 | 395 | |
Depreciation and amortization expenses | ||||||
8,952 | 4,441 | 4,620 | 3,035 | 1,329 | 697 | |
Deferred tax income | ||||||
-1,169 | 372 | 1,215 | 1,064 | -762 | -280 | |
Foreign exchange (gain)/loss | ||||||
-13,487 | 4,026 | -12,053 | 30 | -58 | -8 | |
Interest income of loans receivable | ||||||
1,129 | 1,504 | -1,103 | - | - | - | |
Call option write-down | ||||||
0 | - | 2,470 | - | - | - | |
Gain from the disposal of a majority owned subsidiary | ||||||
0 | 1,053 | - | - | - | - | |
Gain from the disposal of long-term investment | ||||||
0 | 1,058 | - | - | - | - | |
Share of income from equity method investment | ||||||
754 | 353 | - | - | - | - | |
Loss from disposal and write-off of property, equipment and software | ||||||
-6,331 | -271 | -217 | -613 | -69 | 0 | |
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
-1,004 | -2,175 | 10,227 | 1,605 | 1,197 | -1,881 | |
Amount due from related parties | ||||||
- | - | 0 | 0 | -1,383 | 1,333 | |
Inventories | ||||||
-4,919 | -44,240 | 52,499 | 69,935 | 17,706 | 15,052 | |
Advance to suppliers | ||||||
-2,789 | -6,257 | 8,426 | -13,445 | 18,659 | 3,269 | |
Prepayments and other assets | ||||||
36,338 | 11,452 | -10,905 | 24,525 | -108 | 8,239 | |
Accounts payable | ||||||
-10,173 | -65,667 | 20,321 | 56,790 | 48,004 | 37,459 | |
Amount due to related parties | ||||||
- | - | 0 | -278 | 160 | 0 | |
Advance from customers | ||||||
-2,372 | -5,595 | 5,482 | 6,559 | -1,285 | 2,702 | |
Tax payable | ||||||
-4,502 | -2,647 | 2,759 | -2,536 | 11,897 | 930 | |
Accrued expenses and other liabilities | ||||||
26,310 | 758 | -3,656 | 12,737 | 3,084 | 3,093 | |
Purchase of equipment (Notes 2v,11) | ||||||
64,365 | - | - | - | - | - | |
Film production | ||||||
10,642 | - | - | - | - | - | |
Net cash provided by/(used in) operating activities | ||||||
-67,706 | - | - | - | - | - | |
Net cash provided by operating activities | ||||||
- | 12,029 | 23,386 | 68,711 | 84,806 | 27,360 | |
Cash flows used in investing activities: | ||||||
Purchase of short-term investments | ||||||
854,403 | 492,871 | 429,390 | 599,382 | 4,975 | 3,960 | |
Maturity of short-term investments | ||||||
667,842 | 444,332 | 764,542 | 191,256 | 4,975 | 0 | |
Issuance of loans to suppliers | ||||||
- | - | 0 | - | - | - | |
Repayment of loans from suppliers | ||||||
0 | - | 1,621 | - | - | - | |
Purchase of property, equipment and software | ||||||
1,444 | 4,232 | 5,639 | 6,533 | 4,643 | 2,124 | |
Purchase of land use rights | ||||||
0 | 12,108 | - | - | - | - | |
Purchase of intangible assets | ||||||
1,537 | - | - | - | - | - | |
Cash paid for construction in process | ||||||
12,119 | 2,409 | - | - | - | - | |
Repayment of convertible loan | ||||||
0 | 26,790 | - | 689 | 0 | 0 | |
Proceeds from the convertible loan issuer | ||||||
0 | 53,579 | - | - | - | - | |
Cash received from disposal of long-term investment | ||||||
0 | 5,725 | - | - | - | - | |
Cash received from disposal of majority owned subsidiary | ||||||
0 | 723 | - | - | - | - | |
Net cash acquired from business acquisition | ||||||
-6,988 | - | 0 | 1,016 | 0 | 517 | |
Purchase of long-term investments | ||||||
6,537 | 72,408 | 4,738 | - | - | - | |
Issuances of loans to an equity investee | ||||||
0 | 10,562 | - | - | - | - | |
Purchase of investment in security | ||||||
0 | - | 26,651 | - | - | - | |
Purchase of convertible loan | ||||||
0 | - | 86,140 | 3,222 | 0 | 0 | |
Net cash provided by/(used in) investing activities | ||||||
-201,210 | - | - | - | - | - | |
Net cash provided by/(used in) investing activities | ||||||
- | -63,441 | 213,605 | -418,208 | -4,643 | -6,601 | |
Cash flows from financing activities: | ||||||
Issuance of ordinary shares upon IPO | ||||||
- | - | 0 | 401,702 | 0 | 0 | |
Repurchase of vested options | ||||||
- | - | 0 | 0 | 833 | 0 | |
Repurchase of ordinary shares | ||||||
0 | - | 137 | - | - | - | |
Proceeds from exercises of share options | ||||||
209 | 346 | 1,510 | 465 | 0 | 0 | |
Purchase of redeemable noncontrolling interests | ||||||
14,234 | - | - | - | - | - | |
Proceeds from short-term bank loans | ||||||
0 | 1,594 | 1,159 | 1,611 | 0 | 0 | |
Proceeds from long-term bank loans | ||||||
0 | - | 553 | - | - | - | |
Payback of short-term borrowing | ||||||
0 | - | 2,380 | - | - | - | |
Payback of long-term borrowing | ||||||
0 | 27 | 21 | - | - | - | |
Net cash provided by/(used in) financing activities | ||||||
-14,025 | - | - | - | - | - | |
Net cash provided by financing activities | ||||||
- | 1,913 | 684 | 403,778 | -833 | 0 | |
Effect of exchange rate changes on cash and cash equivalents | ||||||
-9,132 | 11,646 | 1,938 | -276 | 2,108 | 88 | |
Net increase/(decrease) in cash and cash equivalents | ||||||
-292,073 | -37,853 | 239,613 | 54,005 | 81,438 | 20,847 | |
Supplemental disclosures of cash flow information: | ||||||
Cash paid for income taxes | ||||||
5,685 | 6,871 | 11,094 | 20,846 | 6,993 | 1,466 | |
Cash paid for interest | ||||||
0 | - | - | - | - | - | |
Supplemental disclosures of non-cash information: | ||||||
Purchase of property and equipment and construction in process included in accrued expenses and other liabilities | ||||||
5,842 | - | - | - | - | - | |
Cash paid for interest | ||||||
- | 95 | 85 | - | - | - | |
Conversion of Series A-1 Redeemable Preferred Shares into ordinary shares | ||||||
- | - | 0 | 28 | - | - | |
Conversion of preferred shares upon IPO | ||||||
- | - | 0 | 17,912 | - | - | |