| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | ||
|---|---|---|---|---|---|---|
ASSETS | ||||||
Current assets: | ||||||
Cash and cash equivalents | ||||||
150,967 | 274,337 | 260,295 | 317,811 | 98,729 | ||
Restricted cash | ||||||
336 | - | - | - | - | ||
Accounts receivable, net of allowance for doubtful accounts of $31,160,340 and $21,827,663 as of December 31, 2016 and 2017, respectively | ||||||
80,606 | 71,390 | 113,991 | 119,741 | 87,315 | ||
Marketable securities | ||||||
3,077 | 2,181 | - | - | - | ||
Deferred tax assets | ||||||
- | - | - | 29,857 | - | ||
Customer deposits | ||||||
35,822 | 39,702 | 58,833 | - | - | ||
Deferred tax assets | ||||||
- | - | - | - | 27,714 | ||
Prepaid expenses and other current assets | ||||||
9,945 | 12,755 | 20,880 | 13,355 | 5,556 | ||
Amounts due from related parties | ||||||
4,077 | 6,019 | 8 | 0 | 3,471 | ||
Total current assets | ||||||
284,833 | 406,386 | 454,010 | 480,766 | 222,787 | ||
Property and equipment, net | ||||||
14,240 | 7,923 | 6,800 | 7,158 | 7,027 | ||
Intangible assets, net | ||||||
70,631 | 78,373 | 90,736 | 105,418 | 128,530 | ||
Investment in affiliates | ||||||
145 | 408 | 668 | 272 | 251 | ||
Goodwill | ||||||
- | 39,018 | 39,807 | 40,563 | 40,610 | ||
Deferred tax assets | ||||||
67,083 | 41,698 | 32,769 | - | - | ||
Other non-current assets | ||||||
2,010 | 2,058 | 2,044 | 4,085 | 3,730 | ||
TOTAL ASSETS | ||||||
438,944 | 575,866 | 626,838 | 638,265 | 402,938 | ||
LIABILITIES AND EQUITY | ||||||
Current liabilities: | ||||||
Accounts payable (including accounts payable of the consolidated VIEs without recourse to Leju of $1,573,620 and $1,771,717 as of December 31, 2016 and 2017, respectively) | ||||||
2,949 | 1,573 | 327 | 370 | 1,422 | ||
Accrued payroll and welfare expenses (including accrued payroll and welfare expenses of the consolidated VIEs without recourse to Leju of $29,742,853 and $28,021,779 as of December 31, 2016 and 2017, respectively) | ||||||
37,081 | 41,727 | 45,691 | 48,007 | 30,504 | ||
Income tax payable (including income tax payable of the consolidated VIEs without recourse to Leju of $29,890,262 and $25,705,206 as of December 31, 2016 and 2017, respectively) | ||||||
63,380 | 66,147 | 66,814 | 57,246 | 41,436 | ||
Other tax payable (including other tax payable of the consolidated VIEs without recourse to Leju of $13,360,481 and $11,166,308 as of December 31, 2016 and 2017, respectively) | ||||||
11,654 | 16,678 | 31,930 | 27,804 | 18,513 | ||
Amounts due to related parties (including amounts due to related parties of the consolidated VIEs without recourse to Leju of $1,581,349 and $1,245,000 as of December 31, 2016 and 2017, respectively) | ||||||
3,092 | 1,581 | 10,214 | 5,289 | 4,501 | ||
Advances from customers and deferred revenue (including advance from customers and deferred revenue of the consolidated VIEs without recourse to Leju of $4,960,924 and $10,050,703 as of December 31, 2016 and 2017, respectively) | ||||||
10,564 | 5,058 | 5,703 | 5,054 | 7,162 | ||
Liability for exclusive rights, current (including liability for exclusive rights, current of the consolidated VIEs without recourse to Leju of $8,967,972 and nil as of December 31, 2013 and 2014, respectively) | ||||||
- | - | - | - | 8,967 | ||
Accrued marketing and advertising expenses (including liability for accrued marketing and advertising expenses of the consolidated VIEs without recourse to Leju of $6,271,191 and $14,117,697 as of December 31, 2016 and 2017, respectively) | ||||||
18,851 | 9,355 | 3,914 | 19,269 | 7,374 | ||
Liability for unpaid consideration of acquiring non-controlling interest (including liability for unpaid consideration of acquiring non-controlling interest of the consolidated VIEs without recourse to Leju of $7,338,593 and nil as of December 31, 2015 and 2016, respectively) | ||||||
- | - | 7,338 | 25,645 | - | ||
Other current liabilities (including other current liabilities of the consolidated VIEs without recourse to Leju of $6,809,176 and $15,606,182 as of December 31, 2016 and 2017, respectively) | ||||||
16,315 | 8,516 | 7,672 | 8,613 | 3,700 | ||
Total current liabilities | ||||||
163,890 | 150,638 | 179,607 | 197,300 | 123,584 | ||
Deferred tax liabilities (including deferred tax liabilities of the consolidated VIEs without recourse to Leju of $533,401 and $414,505 as of December 31, 2016 and 2017, respectively) | ||||||
18,016 | 18,869 | 22,997 | - | - | ||
Deferred tax liabilities (including deferred tax liabilities, non-current of the consolidated VIEs without recourse to Leju of $469,579 and $523,874 as of December 31, 2014 and 2015, respectively) | ||||||
- | - | - | 26,041 | 27,563 | ||
Total liabilities | ||||||
181,906 | 169,507 | 202,605 | 223,342 | 151,148 | ||
Commitments and contingencies (Note 15) | ||||||
0 | 0 | 0 | 0 | 0 | ||
Shareholders' Equity: | ||||||
Ordinary shares ($0.001 par value): 1,000,000,000 shares authorized, 135,503,958 and 135,763,962 shares issued and outstanding, as of December 31, 2016 and 2017, respectively | ||||||
135 | 135 | 134 | 134 | 120 | ||
Additional paid-in capital | ||||||
788,588 | 785,019 | 773,766 | 788,246 | 686,378 | ||
Accumulated deficit | ||||||
-515,344 | -354,364 | -343,658 | -377,876 | -443,294 | ||
Subscription receivable | ||||||
- | - | 9 | 688 | 120 | ||
Accumulated other comprehensive loss | ||||||
-13,077 | -22,321 | -5,521 | 5,029 | 5,621 | ||
Total Leju Holdings Limited Shareholders' Equity | ||||||
260,302 | 408,468 | 424,712 | 414,845 | 248,705 | ||
Non-controlling interests | ||||||
-3,265 | -2,109 | -478 | 77 | 3,084 | ||
Total equity | ||||||
257,037 | 406,359 | 424,233 | 414,923 | 251,790 | ||
TOTAL LIABILITIES AND EQUITY | ||||||
438,944 | 575,866 | 626,838 | 638,265 | 402,938 | ||