CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Dec. 31, 2017
CNY (¥)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
CNY (¥)
Current assets:      
Cash ¥ 98,191 $ 15,092 ¥ 189,905
Restricted cash, current portion 563,986 86,683 518,494
Accounts receivable (net of allowance of RMB57 and RMB12,969 (US$1,993) and including amounts due from related parties amounting to RMB8,468 and RMB11,425 (US$1,756) as of December 31, 2016 and 2017, respectively) 131,952 20,281 189,589
Inventories 6,284 966 5,923
Prepayments and other current assets (net of reserve of RMB4,798 and RMB4,798 (US$737) and including amounts due from related parties amounting to RMB14,028 and RMB13,879 (US$2,133) as of December 31, 2016 and 2017, respectively) 264,723 40,687 161,812
Net investment in direct financing leases, current portion 18,900 2,905 59,060
Assets held-for-sale 27,100 4,165 70,073
Total current assets 1,111,136 170,779 1,194,856
Non-current assets:      
Restricted cash, non-current portion 0 0 50,000
Prepaid land lease payments 447,933 68,846 441,810
Property, plant and equipment, net 793,571 121,970 775,338
Intangible assets, net 7,799 1,199 17,188
Deposits for non-current assets (net of reserve of RMB30,860 and RMB30,860 (US$4,743) as of December 31, 2016 and 2017) 266,180 40,911 268,747
Net investment in direct financing leases, non-current portion 54,052 8,308 27,190
Equity method investments 732,167 112,532 210,088
Cost method investment 22,160 3,406 22,160
Prepayment for long-term investment 0 0 181,500
Other non-current assets 30,392 4,671 39,726
Total non-current assets 2,354,254 361,843 2,033,747
Total assets 3,465,390 532,622 3,228,603
Current liabilities (including amounts of the consolidated VIE and its subsidiaries without recourse to the primary beneficiary of RMB77,862 (US$11,967) as of December 31, 2017):      
Short-term bank and other borrowings 512,222 78,727 562,372
Long-term bank and other borrowings, current portion (including loan from related party of nil and RMB162,297 (US$ 24,945) as of December 31, 2016 and 2017, respectively) 197,139 30,300 82,632
Accounts payable 4,563 701 2,038
Accrued expenses and other liabilities (including interest payable to related party of RMB5,894 and RMB5,523 (US$849) as of December 31, 2016 and 2017, respectively) 385,919 59,313 277,398
Income tax payable 5,990 921 24,124
Dividend payable 2,338 359 2,495
Total current liabilities 1,108,171 170,321 951,059
Non-current liabilities (including amounts of the consolidated VIE and its subsidiaries without recourse to the primary beneficiary of RMB404,597 (US$62,185) as of December 31, 2017):      
Long-term bank and other borrowings, non-current portion (including loan from related party of RMB172,475 and RMB280,459 (US$ 43,105) as of December 31, 2016 and 2017, respectively) 284,584 43,740 215,671
Deferred tax liabilities 73,577 11,309 49,658
Long-term secured borrowings 163,498 25,129 248,604
Advances from long-term investment 0 0 528,896
Mandatorily redeemable noncontrolling interest 396,281 60,907 0
Amounts due to related parties, non-current portion 350,969 53,943 0
Other long-term liabilities 73,392 11,283 2,945
Total non-current liabilities 1,342,301 206,311 1,045,774
Total liabilities 2,450,472 376,632 1,996,833
Commitments and contingencies
Equity:      
Ordinary shares (par value of US$0.0001 per share; authorized shares—500,000,000; issued shares—142,353,532 as of December 31, 2016 and 2017; outstanding shares—130,091,977 as of December 31, 2016 and 2017) 105 16 105
Treasury stock (12,261,555 shares as of December 31, 2016 and 2017) (8) (1) (8)
Additional paid-in capital 1,860,763 285,994 1,852,245
Accumulated other comprehensive loss (47,418) (7,288) (87,968)
Accumulated deficit (879,393) (135,160) (598,196)
Total Concord Medical Services Holdings Limited shareholders’ equity 934,049 143,561 1,166,178
Noncontrolling interests 80,869 12,429 65,592
Total equity 1,014,918 155,990 1,231,770
Total liabilities and equity ¥ 3,465,390 $ 532,622 ¥ 3,228,603