CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands |
12 Months Ended |
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
| Cash flows from operating activities |
|
|
|
|
| Net income |
$ 3,926
|
¥ 25,424
|
¥ 20,107
|
¥ 63,656
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
|
|
| Depreciation and amortization |
1,779
|
11,522
|
14,381
|
16,175
|
| Share-based compensation |
1,965
|
12,730
|
9,562
|
10,428
|
| Foreign currency exchange (income)/loss , net |
(56)
|
(361)
|
1,361
|
(1,935)
|
| Deferred taxation |
612
|
3,966
|
(3,427)
|
3,533
|
| Loss from disposal of property, plant , equipment and intangible assets |
371
|
2,402
|
218
|
5
|
| Dividend income from available-for-sale securities |
(98)
|
(633)
|
(482)
|
(186)
|
| Changes in operating assets and liabilities: |
|
|
|
|
| Accounts receivable, net |
(634)
|
(4,104)
|
(3,772)
|
6,115
|
| Prepaid expenses and other assets |
(24,416)
|
(158,165)
|
(44,687)
|
20,901
|
| Deferred revenue |
945
|
6,124
|
63,260
|
15,187
|
| Accounts payable |
(390)
|
(2,525)
|
15,071
|
4,458
|
| Accrued expenses and other current liabilities |
23,540
|
152,490
|
8,795
|
18,887
|
| Income tax payable |
74
|
477
|
(3,189)
|
9,743
|
| Net cash provided by operating activities |
7,618
|
49,347
|
77,198
|
166,967
|
| Cash flows from investing activities |
|
|
|
|
| Purchase of short-term deposits |
(3,087)
|
(20,000)
|
(239,466)
|
(326,299)
|
| Maturity of short-term deposits |
36,967
|
239,466
|
336,299
|
233,025
|
| Purchase of property, plant and equipment |
(699)
|
(4,525)
|
(5,541)
|
(18,168)
|
| Purchase of intangible assets |
|
|
|
(305)
|
| Proceeds from disposal of property, plant and equipment |
|
|
14
|
|
| Purchase of available-for-sale securities |
(50,171)
|
(325,000)
|
(10,000)
|
|
| Investment in equity investee |
|
|
(11,048)
|
|
| Net cash (used in)/provided by investing activities |
(16,990)
|
(110,059)
|
70,258
|
(111,747)
|
| Cash flows from financing activities |
|
|
|
|
| Issuance of ordinary shares upon exercise of share options, net of issuance cost |
1,293
|
8,377
|
8,704
|
8,109
|
| Payment of dividend to ordinary shareholders |
|
|
(165,951)
|
(48,246)
|
| Repurchase of ordinary shares |
(263)
|
(1,703)
|
(26,380)
|
(33,097)
|
| Deposit from Baihe related to the proposed privatization |
23,156
|
150,000
|
|
|
| Net cash (used in)/provided by financing activities |
24,186
|
156,674
|
(183,627)
|
(73,234)
|
| Effect of exchange rate changes on cash and cash equivalents |
723
|
4,681
|
415
|
(7,082)
|
| Net (decrease)/increase in cash and cash equivalents |
15,537
|
100,643
|
(35,756)
|
(25,096)
|
| Cash and cash equivalents at beginning of year |
30,389
|
196,857
|
232,613
|
257,709
|
| Cash and cash equivalents at end of year |
45,926
|
297,500
|
196,857
|
232,613
|
| Supplemental disclosure of cash flow information |
|
|
|
|
| Income tax paid |
$ (640)
|
¥ (4,143)
|
¥ (9,623)
|
¥ (1,115)
|