| Dec'17 | ||||||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net (loss)/income | ||||||
332,671 | ||||||
Adjustments to reconcile net (loss)/ income to net cash used in operating activities: | ||||||
Provision for loan principal, financing service fee receivables and other receivables | ||||||
-93,011 | ||||||
Depreciation and amortization | ||||||
890 | ||||||
Amortization of deferred origination costs | ||||||
-15 | ||||||
Share-based compensation expense | ||||||
9,845 | ||||||
Share of loss from equity method investment | ||||||
-3,177 | ||||||
Foreign exchange loss, net | ||||||
-1,103 | ||||||
Changes in operating assets and liabilities: | ||||||
Financing service fee receivables | ||||||
12,137 | ||||||
Restricted cash | ||||||
-42,778 | ||||||
Receivables from related parties | ||||||
-96 | ||||||
Deferred tax assets | ||||||
15,012 | ||||||
Other current and non-current assets | ||||||
47,469 | ||||||
Interest payables | ||||||
18,665 | ||||||
Payables to related parties | ||||||
-2,535 | ||||||
Guarantee liabilities | ||||||
-25,447 | ||||||
Other current and non-current liabilities | ||||||
22,244 | ||||||
Net cash (used in)/ provided by operating activities | ||||||
472,794 | ||||||
Cash flows from investing activities: | ||||||
Proceeds from redemption of short-term investments | ||||||
-197,554 | ||||||
Proceeds from collection of loan principal | ||||||
7,691,332 | ||||||
Principal collection of finance lease receivables | ||||||
10 | ||||||
Proceeds from collection of loan principal due from related parties | ||||||
41 | ||||||
Purchases of short-term investments | ||||||
177,543 | ||||||
Purchases of property and equipment and intangible assets | ||||||
1,736 | ||||||
Payments to originate loan principal | ||||||
7,814,034 | ||||||
Payments to originate finance lease receivables | ||||||
4,069 | ||||||
Net cash used in investing activities | ||||||
-108,443 | ||||||
Cash flows from financing activities: | ||||||
Proceeds from issuance of ordinary shares | ||||||
820,671 | ||||||
Proceeds from borrowings | ||||||
1,341,951 | ||||||
Proceeds from related parties | ||||||
130,719 | ||||||
Refund of guarantee deposits from Funding Partners | ||||||
44,066 | ||||||
Payments to related parties | ||||||
2,737 | ||||||
Repayment of borrowings | ||||||
1,662,147 | ||||||
Repurchase of ordinary shares | ||||||
64,731 | ||||||
Payments for IPO expenditure | ||||||
6,065 | ||||||
Payments of guarantee deposits to Funding Partners | ||||||
24,760 | ||||||
Net cash provided by financing activities | ||||||
576,965 | ||||||
Effect of exchange rate changes | ||||||
-11,980 | ||||||
Net increase in cash and cash equivalents | ||||||
929,335 | ||||||
Supplemental disclosures of cash flow information: | ||||||
Income taxes paid | ||||||
35,524 | ||||||
Interest expense paid | ||||||
68,022 | ||||||