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SEC Filings
6-K
JD.COM, INC. filed this Form 6-K on 03/06/2018
Entire Document
 

 

JD.com, Inc.

Unaudited Reconciliation of GAAP and Non-GAAP Results

(In thousands, except percentage data)

 

 

 

For the three months ended

 

For the year ended

 

 

 

December 31,
2016

 

December 31,
2017

 

December 31,
2017

 

December 31,
2016

 

December 31,
2017

 

December 31,
2017

 

 

 

RMB

 

RMB

 

US$

 

RMB

 

RMB

 

US$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income/(loss) from continuing operations attributable to ordinary shareholders

 

(1,261,380

)

(909,233

)

(139,746

)

(2,000,444

)

116,819

 

17,957

 

Add: Share-based compensation

 

615,768

 

762,402

 

117,179

 

2,061,432

 

2,780,062

 

427,288

 

Add: Amortization of intangible assets resulting from assets and business acquisitions

 

447,580

 

448,921

 

68,997

 

1,608,777

 

1,777,549

 

273,205

 

Add: Reconciling items on the share of equity method investments(12)

 

206,974

 

377,858

 

58,076

 

539,325

 

1,071,115

 

164,627

 

Add: Impairment of goodwill, intangible assets, and investments

 

960,959

 

 

 

1,959,746

 

139,823

 

21,490

 

Reversal of: Gain on disposal of JD Daojia

 

 

 

 

(1,227,760

)

 

 

Reversal of: Revenue from business cooperation arrangements with equity investees

 

(169,838

)

(210,970

)

(32,425

)

(819,486

)

(836,539

)

(128,574

)

Reversal of: Income from non-compete agreement

 

(20,374

)

(19,680

)

(3,025

)

(53,186

)

(80,449

)

(12,365

)

Non-GAAP net income from continuing operations attributable to ordinary shareholders

 

779,689

 

449,298

 

69,056

 

2,068,404

 

4,968,380

 

763,628

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total net revenues

 

79,411,128

 

110,165,334

 

16,932,103

 

258,289,947

 

362,331,754

 

55,689,371

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-GAAP net margin from continuing operations

 

1.0

%

0.4

%

0.4

%

0.8

%

1.4

%

1.4

%

 


(12) For the fourth quarter of 2017, the reconciling items on the share of equity method investments included the impact of share-based compensation of RMB164.0 million, amortization of intangible assets resulting from assets and business acquisitions of RMB88.1 million, share of amortization of equity investments’ intangibles not on their books of RMB23.1 million, and net income attributable to mezzanine equity holder of RMB102.7 million. For the full year of 2017, the reconciling items on the share of equity method investments included the impact of share-based compensation of RMB235.7 million, amortization of intangible assets resulting from assets and business acquisitions of RMB354.7 million, share of amortization of equity investments’ intangibles not on their books of RMB92.4 million, and net income attributable to mezzanine equity holder of RMB388.3 million. Earning from equity method investments in publicly listed companies and certain privately held companies is recorded one quarter in arrears.

 

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