Fang holdings ltd (SFUN)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
E-commerce services [Member]
Marketing Services [Member]
Listing Services [Member]
Financial Services [Member]
Other value-added services [Member]
Revenues
Total gross revenues

444,296

916,391

883,549

702,882

637,379

430,258

343,826

224,490

127,049

Cost of revenues
Cost of services

174,599

687,184

555,389

145,739

102,488

80,863

66,571

49,120

26,484

Cost of other value-added products

-

-

-

-

-

-

-

12,891

4,863

Total cost of revenues

174,599

687,184

555,389

145,739

102,488

80,863

66,571

62,011

31,347

Gross profit

269,697

229,207

328,160

557,143

534,891

349,395

277,255

162,479

95,702

Operating (expenses) income
Selling expenses

91,250

229,817

236,603

147,874

101,935

80,056

67,207

42,512

25,186

General and administrative expenses (including related party amounts of US$776, US$897and US$501for the years ended December 31, 2015, 2016 and 2017, respectively)

135,688

151,251

125,405

100,571

83,384

70,780

69,611

41,547

22,176

Other income (loss)

-567

415

-625

835

786

0

-

-

-

Operating income (loss)

42,192

-151,446

-34,473

309,533

350,358

198,559

140,437

78,420

48,340

Foreign exchange (loss) gain

15

-1,882

1,464

-44

3

90

1

-462

-59

Interest income

11,322

11,367

22,221

43,857

27,803

19,406

10,483

2,390

1,205

Interest expense

16,153

20,791

16,519

17,308

14,675

11,630

4,026

-

-

Change in fair value of trading securities

518

0

0

-

-

-

-

-

-

Realized gain on sale available-for-sale security (including accumulated other comprehensive income reclassifications for unrealized gain on available-for-sale security of US$10,583, US$2,736 for the year ended December 31, 2016, 2017)

2,736

10,583

0

0

821

0

-721

-

-

Realized gain on trading securities

-

-

-

-

-

-

263

282

195

Government grants

3,154

6,469

4,936

7,205

4,031

1,298

1,399

740

730

Investment income

6,692

3,281

1,333

0

0

-

-

-

-

Other non-operating loss

-4,562

0

0

-

-

-

-

-

-

Impairment on investments

2,768

2,232

0

8,417

-

-

-

-

-

Other-than-temporary impairment on available-for-sale securities

-

-

-

-

0

14

3,622

-

-

Gain on bargain purchase

-

-

-

-

102

0

-

-

-

Income (loss) before income taxes and noncontrolling interests

43,146

-144,651

-21,038

334,826

368,443

207,709

144,214

81,370

50,411

Income tax (expense) benefit

21,442

24,984

-5,905

81,609

69,781

55,905

42,617

18,222

-2,199

Net income (loss)

21,704

-169,635

-15,133

253,217

298,662

151,804

101,597

63,148

52,610

Net loss attributable to noncontrolling interests

-3

0

-37

0

53

-6

-28

40

-42

Net income (loss) attributable to Fang Holdings Limiteds shareholders

21,707

-169,635

-15,096

253,217

298,609

151,810

101,625

63,108

52,652

Other comprehensive income (loss), before tax
Foreign currency translation adjustments

56,571

-60,732

-55,928

-

-

-

-

5,344

-

Foreign currency translation adjustments

-

-

-

-4,323

20,150

1,378

10,839

-

-

Amounts reclassified from accumulated other comprehensive income

2,736

10,583

0

0

-

-

-

-

-

Unrealized gain (loss) on available-for-sale securities

212,838

7,326

-4,002

10,508

78

743

-

-

-

Gain (loss) on intra-entity foreign transactions of long-term-investment nature

1,872

-6,996

-

-

-

-

-

-

-

Reclassification adjustment for gain included in net income

-

-

-

-

821

0

-721

-

-

Other comprehensive income (loss), before tax

268,545

-70,985

-59,930

6,185

19,407

2,121

11,560

-

-

Income tax expense related to components of other comprehensive income

49,566

0

0

0

0

0

0

-

-

Unrealized (loss) gain on available-for-sale security

-

-

-

-

-

-

-

-721

-

Other comprehensive income (loss), net of tax

218,979

-70,985

-59,930

6,185

19,407

2,121

11,560

4,623

-

Comprehensive income (loss)

240,683

-240,620

-75,063

259,402

318,069

153,925

113,157

67,771

-

Comprehensive loss attributable to noncontrolling interests

-3

0

-37

0

53

-6

-28

40

-

Comprehensive income (loss) attributable to Fang Holdings Limiteds shareholders

240,686

-240,620

-75,026

259,402

318,016

153,931

113,185

67,731

-

Earnings (loss) per share for Class A and Class B ordinary shares
Basic

0.25

-1.81

-0.18

3.08

3.82

1.96

1.33

0.85

0.71

Diluted

0.24

-1.81

-0.18

2.87

3.54

1.85

1.24

0.79

0.68

Weighted average number of Class A and Class B ordinary shares outstanding:
Basic

88,475

93,605

85,170

82,163

78,101

77,365

76,492

74,683

73,986

Diluted

91,585

93,605

85,170

92,208

84,602

81,924

82,215

80,220

77,418