| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | |
|---|---|---|---|---|---|---|
Net revenues | ||||||
Internet value-added service | ||||||
- | - | - | 592,845 | 301,217 | 131,625 | |
Other revenues | ||||||
28,038 | 37,108 | 36,477 | - | - | - | |
Total net revenues | ||||||
1,782,088 | 1,181,629 | 910,379 | - | - | - | |
Cost of revenues | ||||||
1,079,938 | 735,047 | 552,617 | 298,029 | 145,696 | 66,795 | |
Gross profit | ||||||
702,150 | 446,582 | 357,762 | 294,816 | 155,521 | 64,830 | |
Operating expenses | ||||||
Research and development expenses | ||||||
120,174 | 97,253 | 84,720 | 69,495 | 44,106 | 28,366 | |
Sales and marketing expenses | ||||||
106,248 | 55,778 | 48,299 | 16,524 | 4,122 | 2,721 | |
General and administrative expenses | ||||||
83,710 | 69,485 | 55,339 | 35,944 | 33,129 | 17,622 | |
Goodwill impairment | ||||||
388 | 2,544 | 47,875 | - | - | - | |
Fair value change of contingent consideration | ||||||
0 | 0 | -45,150 | - | - | - | |
Total operating expenses | ||||||
310,520 | 225,060 | 191,083 | 121,963 | 81,357 | 48,709 | |
Gain on deconsolidation and disposal of subsidiaries | ||||||
5,839 | 14,973 | - | - | - | - | |
Other income | ||||||
17,397 | 18,652 | 12,705 | 1,018 | 4,473 | - | |
Government grants | ||||||
- | - | - | - | - | 396 | |
Operating income | ||||||
414,866 | 255,147 | 179,384 | 173,871 | 78,637 | 16,517 | |
Gain on partial disposal of investments | ||||||
7,049 | - | - | - | - | - | |
Gain on partial disposal of associates | ||||||
- | 3,610 | - | - | - | - | |
Interest expense | ||||||
4,937 | 11,679 | 14,994 | 9,123 | - | - | |
Interest income | ||||||
27,725 | 9,678 | 21,287 | 26,588 | 9,948 | 2,619 | |
Gain on disposal of an equity investment | ||||||
- | - | 0 | 161 | - | 104 | |
Gain on disposal of a cost investment | ||||||
- | - | - | 0 | - | 377 | |
Foreign currency exchange (losses) gains, net | ||||||
-334 | 167 | -5,881 | -1,676 | 4,882 | -667 | |
Other non-operating expenses | ||||||
0 | 0 | -334 | - | - | - | |
Other non-operating income | ||||||
- | - | - | 5,917 | - | - | |
Income before income tax expenses | ||||||
444,369 | 256,923 | 179,462 | 195,738 | 93,467 | 18,950 | |
Income tax expenses | ||||||
63,909 | 40,402 | 27,529 | 24,866 | 14,859 | 4,661 | |
Income before share of income in equity method investments, net of income taxes | ||||||
380,460 | 216,521 | 151,933 | 170,872 | 78,608 | 14,289 | |
Share of income in equity method investments, net of income taxes | ||||||
5,076 | 1,192 | 2,180 | 689 | 309 | 25 | |
Net income (loss) | ||||||
385,536 | 217,713 | 154,113 | - | - | - | |
Less: Net (loss) income attributable to the non-controlling interest shareholders and the mezzanine equity classified non-controlling interest shareholders | ||||||
2,329 | -1,778 | -5,393 | - | - | - | |
Net income attributable to YY Inc. | ||||||
383,207 | 219,491 | 159,506 | 171,561 | 78,917 | 14,314 | |
Decretion to convertible redeemable preferred shares redemption value | ||||||
- | - | - | 0 | - | - | |
(Accretion) decretion to convertible redeemable preferred shares redemption value | ||||||
- | - | - | - | - | -207,681 | |
Allocation of net income to participating preferred shareholders | ||||||
- | - | - | 0 | - | 76,845 | |
Net income attributable to common shareholders | ||||||
- | - | - | 171,561 | 78,917 | 145,150 | |
Net income | ||||||
383,207 | 219,491 | - | 171,561 | 78,917 | 14,314 | |
Other comprehensive income (loss): | ||||||
Unrealized gain (loss) of available-for-sale securities, net of nil tax | ||||||
-6,325 | 19,411 | - | - | - | - | |
Foreign currency translation adjustments, net of nil tax | ||||||
-9,454 | -766 | 681 | 586 | -5,123 | -193 | |
Total comprehensive income | ||||||
367,428 | 238,136 | 160,187 | 172,147 | 73,794 | 14,121 | |
Net income per common share | ||||||
-basic | ||||||
- | - | - | - | - | 4.80 | |
-diluted | ||||||
- | - | - | - | - | 0.29 | |
Weighted average number of ADS used in calculating-basic (loss) income per ADS | ||||||
- | - | - | - | - | 30,235 | |
Weighted average number of ADS used in calculating-diluted (loss) income per ADS | ||||||
- | - | - | - | - | 49,623 | |
-Basic (in CNY/dollars per share) | ||||||
0.32 | 0.19 | 0.14 | 0.15 | 0.07 | 0.24 | |
-Diluted (in CNY/dollars per share) | ||||||
0.32 | 0.19 | 0.13 | 0.14 | 0.07 | 0.01 | |
Weighted average number of common shares used in calculating net income per common share | ||||||
-Basic (in shares) | ||||||
1,186,460 | 1,127,343 | 1,125,189 | 1,153,140 | 1,122,475 | 604,703 | |
-Diluted (in shares) | ||||||
1,216,637 | 1,216,111 | 1,150,831 | 1,198,543 | 1,181,121 | 992,468 | |