| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|
ASSETS | ||||||
Current assets: | ||||||
Cash and cash equivalents | ||||||
21,920 | 5,599 | 7,565 | 29,249 | 25,932 | 88,967 | 170,280 |
Short term investment | ||||||
- | - | - | - | 0 | 140 | - |
Accounts receivable, net of allowance for doubtful accounts of RMB992,010 and RMB1,039,958 as of December 31, 2016 and 2017, respectively | ||||||
400 | 1,239 | 1,104 | 1,902 | 3,161 | 2,507 | 1,597 |
Advances to suppliers | ||||||
1,245 | 1,308 | 138 | 118 | 747 | 336 | 534 |
Prepayments and other current assets | ||||||
1,016 | 1,674 | 1,460 | 9,117 | 5,362 | 12,202 | 10,495 |
Prepaid royalties | ||||||
- | - | - | 0 | 805 | 2,378 | 2,471 |
Deferred costs | ||||||
- | - | - | 1 | 11 | 144 | 302 |
Amounts due from related parties | ||||||
383 | 2,857 | 1,656 | 846 | - | - | - |
Assets classified as held for sale | ||||||
3,176 | - | - | - | - | - | - |
Total current assets | ||||||
28,143 | 12,680 | 11,926 | 41,236 | 36,021 | 106,678 | 185,682 |
Restricted cash | ||||||
- | - | - | 0 | 115 | 118 | - |
Investments in equity investees | ||||||
7,414 | 23,482 | 41,301 | 6,321 | 8,399 | 12,201 | - |
Investments in equity investees | ||||||
- | - | - | - | - | - | 11,447 |
Available-for-sale investment | ||||||
- | - | - | 0 | 0 | 1,008 | 1,007 |
Property, equipment and software, net | ||||||
3,184 | 3,855 | 5,225 | 5,857 | 8,331 | 10,365 | 9,614 |
Goodwill | ||||||
0 | - | 1,596 | 1,570 | 1,604 | 1,606 | 1,594 |
Intangible assets, net | ||||||
0 | - | 12,176 | 15,720 | 21,250 | 24,887 | 25,340 |
Land use right, net | ||||||
9,915 | 9,568 | 10,551 | 11,325 | 11,925 | 11,896 | 12,080 |
Other long-lived assets, net | ||||||
1,002 | 953 | 290 | 1,345 | 2,656 | 9,781 | 12,036 |
TOTAL ASSETS | ||||||
49,660 | 50,538 | 83,067 | 83,378 | 90,304 | 178,543 | 258,805 |
LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY (DEFICIT) | ||||||
Current liabilities: | ||||||
Short-term borrowing (including short-term borrowing of the consolidated VIEs without recourse to the Group of RMB24,992,214 and nil as of December 31, 2016 and 2017, respectively) | ||||||
16,713 | 15,485 | - | - | - | - | - |
Accounts payable (including accounts payable of the consolidated VIEs without recourse to the Group of RMB5,883,617 and RMB6,706,484 as of December 31, 2016 and 2017, respectively) | ||||||
5,706 | 5,334 | 6,367 | 6,481 | 11,460 | 8,819 | 7,014 |
Other taxes payable (including other taxes payable of the consolidated VIEs without recourse to the Group of RMB61,071 and RMB169,300 as of December 31, 2016 and 2017, respectively) | ||||||
263 | 40 | 85 | 150 | 204 | 665 | 921 |
Advances from customers (including advances from customers of the consolidated VIEs without recourse to the Group of RMB15,396,355 and RMB24,558,422 as of December 31, 2016 and 2017, respectively) | ||||||
7,309 | 3,847 | 3,026 | 2,713 | 3,121 | 2,869 | 4,291 |
Amounts due to related parties (including amounts due to related parties of the consolidated VIEs without recourse to the Group of RMB27,859,901 and RMB55,361,287 as of December 31, 2016 and 2017, respectively) | ||||||
13,669 | 15,440 | 11,999 | 1,016 | 792 | - | - |
Deferred revenue (including deferred revenue of the consolidated VIEs without recourse to the Group of RMB3,121,950 and RMB4,568,595 as of December 31, 2016 and 2017, respectively) | ||||||
857 | 2,293 | 2,863 | 3,293 | 3,322 | 3,251 | 2,647 |
Refund of game points (including refund of game points of the consolidated VIEs without recourse to the Group of RMB169,998,682 as of both December 31, 2016 and 2017) | ||||||
26,128 | 24,484 | 26,243 | 27,398 | 28,081 | 27,286 | 27,010 |
Warrants (including warrants of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017) | ||||||
575 | 2,356 | 9,943 | - | - | - | - |
Convertible notes (including convertible notes of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017) | ||||||
40,047 | - | - | - | - | - | - |
Interest payable (including interest payable of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017) | ||||||
1,461 | 59 | - | - | - | - | - |
Accrued expense and other current liabilities (including accrued expense and other current liabilities of the consolidated VIEs without recourse to the Group of RMB77,781,852 and RMB69,543,098 as of December 31, 2016 and 2017, respectively) | ||||||
12,864 | 13,294 | 5,536 | - | - | - | - |
Liabilities directly associated with assets classified as held for sale | ||||||
349 | - | - | - | - | - | - |
Other payables and accruals (including other payables and accruals of the consolidated VIEs without recourse to the Group of 22,798,639 and 26,346,672 as of December 31, 2013 and December 31, 2014 respectively) | ||||||
- | - | - | 6,748 | 7,544 | 8,103 | 7,611 |
Total current liabilities | ||||||
125,946 | 82,637 | 66,066 | 47,801 | 54,527 | 50,996 | 49,496 |
Long-term accounts payable (including long-term accounts payable of the consolidated VIEs without recourse to the Group of nil as of both December 31, 2014 and December 31, 2015) | ||||||
- | - | - | 3,060 | 3,487 | 6,406 | 9,535 |
Long-term borrowing (including long-term borrowing of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017) | ||||||
- | 5,061 | 4,897 | - | - | - | - |
Convertible notes (including convertible notes of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017) | ||||||
- | 28,414 | 20,868 | - | - | - | - |
Deferred tax liabilities, non-current (including deferred tax liabilities, non-current of the consolidated VIEs without recourse to the Group of nil as of both December 31, 2015 and December 31, 2016) | ||||||
- | - | 878 | 864 | 882 | 884 | 877 |
TOTAL LIABILITIES | ||||||
125,946 | 116,113 | 92,711 | 51,726 | 58,897 | 58,286 | 59,909 |
Commitments and contingencies (Note 32) | ||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 |
Redeemable noncontrolling interest (Note 30) | ||||||
47,033 | 35,542 | 27,571 | 21,193 | - | - | - |
SHAREHOLDERS' EQUITY (DEFICIT): | ||||||
Ordinary shares (US$0.01 par value; 23,915,501 and 44,544,036 shares issued and outstanding as of December 31, 2016 and 2017, respectively) | ||||||
511 | 278 | 296 | 303 | 310 | 320 | 317 |
Additional paid-in capital | ||||||
388,425 | 363,762 | 321,103 | 334,574 | 355,538 | 344,844 | 335,401 |
Statutory reserves | ||||||
4,314 | 4,043 | 4,333 | 4,524 | 4,637 | 4,505 | 4,460 |
Accumulated other comprehensive income (loss) | ||||||
-2,527 | 371 | -520 | -1,392 | -1,484 | -1,077 | -948 |
Accumulated deficit | ||||||
-463,545 | -417,370 | -355,679 | -322,211 | -315,934 | -222,517 | -138,595 |
The9 Limited shareholders' deficit | ||||||
-72,821 | -48,914 | -30,467 | 15,799 | 43,067 | 126,076 | 200,635 |
Noncontrolling interest | ||||||
-50,497 | -52,201 | -6,748 | -5,340 | -11,659 | -5,819 | -1,739 |
Total shareholders' deficit | ||||||
-123,319 | -101,116 | -37,215 | 10,458 | 31,407 | 120,256 | 198,895 |
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY | ||||||
49,660 | 50,538 | 83,067 | 83,378 | 90,304 | 178,543 | 258,805 |