Concord Medical Services Holdings Ltd - 20-F filing on 2018-04-30

SEGMENT REPORTING

12 Months Ended

Dec. 31, 2017

27.

SEGMENT REPORTING

For the years ended December 31, 2015, 2016 and 2017, the Group had two operating segments, including network and hospital. The operating segments also represented the reporting segments. The Group’s CODM assess the performance of the operating segments based on the measures of revenues costs and gross profit (loss) by the network and hospital segment. Other than the information provided below, the CODM does not use any other measures by segments.

Summarized information by segments for the years ended December 31, 2015, 2016 and 2017 is as follows:

	For the year ended December 31, 2017
	Network		Hospital		Total
	RMB		RMB		RMB		US$
Revenues from external customers		299,321		31,656		330,977		50,870
Cost of sales		(166,407)		(66,572)		(232,979)		(35,807)
Gross profit (loss)		132,914		(34,916)		97,998		15,063

	For the year ended December 31, 2016
	Network		Hospital		Total
	RMB		RMB		RMB
Revenues from external customers		443,601		11,441		455,042
Cost of sales		(247,510)		(39,033)		(286,543)
Gross profit (loss)		196,091		(27,592)		168,499

	For the year ended December 31, 2015
	Network		Hospital		Total
	RMB		RMB		RMB
Revenues from external customers		597,746		18,739		616,485
Cost of sales		(321,285)		(32,051)		(353,336)
Gross profit (loss)		276,461		(13,312)		263,149

Segment Assets

	As at December 31,
	2016		2017		2017
	RMB		RMB		US$
Segment assets
Network		2,227,718		2,113,756		324,878
Hospital		1,000,885		1,351,634		207,744
Total segment assets		3,228,603		3,465,390		532,622

Major Customers

No single customer represented 10% or more of total net revenue for the years ended December 31, 2015 and 2016. Changhai Hospital represented 12.5% of total net revenue for the year ended December 31, 2017.

Geographic Information

Net revenue by country is based upon the sales location that predominately represents the customer location.

	For the Years Ended December 31,
	2015		2016		2017		2017
	RMB		RMB		RMB		US$
Revenues from PRC		597,746		443,601		302,304		46,463
Revenues from Singapore		18,739		11,441		28,673		4,407
Total revenues		616,485		455,042		330,977		50,870

Total long-lived assets excluding financial instruments and deferred tax assets by country were as follows:

	As at December 31,
	2016		2017		2017
	RMB		RMB		US$
PRC		677,402		789,320		121,317
Singapore		281,757		279,615		42,976
Total long-lived assets		959,159		1,068,935		164,293