| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | ||
|---|---|---|---|---|---|---|
Revenues | ||||||
Third party revenues | ||||||
73,761 | 59,814 | 42,208 | 33,480 | 20,297 | ||
Related party revenues | ||||||
189,475 | 103,144 | 53,320 | 5,657 | 2,297 | ||
Total revenues | ||||||
263,237 | 162,959 | 95,529 | 39,138 | 22,594 | ||
Business taxes and related surcharges | ||||||
1,005 | 535 | 1,177 | 225 | 164 | ||
Net revenues | ||||||
262,232 | 162,424 | 94,351 | 38,912 | 22,430 | ||
Operating cost and expenses: | ||||||
Cost of revenues | ||||||
113,352 | 68,707 | 37,414 | 10,657 | 3,703 | ||
Selling expenses | ||||||
43,369 | 34,177 | 13,810 | 5,768 | 3,846 | ||
General and administrative expenses | ||||||
31,362 | 22,462 | 14,553 | 7,009 | 4,411 | ||
Other operating income - government subsidy | ||||||
6,322 | 5,384 | 3,755 | 2,363 | 777 | ||
Total operating cost and expenses | ||||||
181,761 | 119,963 | 62,021 | 21,071 | 11,183 | ||
Income from operations | ||||||
80,470 | 42,460 | 32,329 | 17,841 | 11,247 | ||
Gain from deconsolidation of subsidiaries | ||||||
- | - | - | 102 | - | ||
Interest income | ||||||
1,749 | 534 | 443 | 187 | 65 | ||
Investment income | ||||||
1,538 | 1,817 | 3,024 | 2,053 | 1,092 | ||
Gain from disposal of investment in affiliates | ||||||
- | - | 369 | - | - | ||
Interest expense | ||||||
- | - | - | 14 | 15 | ||
Realized exchange gain (loss) | ||||||
-313 | -2 | 332 | - | - | ||
Total other income | ||||||
2,975 | 2,349 | 4,169 | 2,328 | 1,142 | ||
Income before taxes and gain from equity in affiliates | ||||||
83,446 | 44,810 | 36,499 | 20,169 | 12,389 | ||
Income tax expense | ||||||
18,904 | 11,898 | 10,663 | 5,617 | 3,202 | ||
Gain from equity in affiliates | ||||||
396 | 221 | 687 | 78 | -135 | ||
Net income | ||||||
64,938 | 33,133 | 26,523 | 14,630 | 9,050 | ||
Net income attributable to non-controlling interests | ||||||
2,000 | 3,235 | 2,186 | 257 | -104 | ||
Net income attributable to Jupai shareholders | ||||||
- | 29,898 | 24,337 | 14,372 | 9,155 | ||
Deemed dividend on Series B convertible redeemable preferred shares | ||||||
- | - | - | 7,563 | - | ||
Net income attributable to ordinary shareholders | ||||||
62,937 | 29,898 | 24,337 | 6,808 | 9,155 | ||
Net income per share: | ||||||
Basic (in dollars per share) | ||||||
0.32 | 0.16 | 0.17 | 0.06 | 0.09 | ||
Diluted (in dollars per share) | ||||||
0.31 | 0.15 | 0.16 | 0.06 | 0.09 | ||
Weighted average number of shares used in computation: | ||||||
Basic (in shares) | ||||||
195,467 | 192,674 | 114,124 | 83,683 | 100,000 | ||
Diluted (in shares) | ||||||
205,671 | 200,765 | 119,598 | 114,445 | 100,866 | ||