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INCOME TAX EXPENSE - ANALYSIS OF DIFFERENCES (Details)
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
CNY (¥)
Dec. 31, 2018
USD ($)
[1]
Dec. 31, 2017
CNY (¥)
Dec. 31, 2016
CNY (¥)
INCOME TAX EXPENSE [abstract]        
Profit (loss) before tax ¥ 1,068,800 $ 155,450 ¥ 1,347,132 ¥ 1,544,009
Tax calculated at the statutory rate of 25% 267,200   336,783 386,002
Effect of expenses not deductible for tax purposes 19,647   663 1,928
Effect of income not subject to tax (3,432)   (3,354) (3,277)
Tax losses for which no deferred tax asset was recognised 9,098   5,561 5,656
Adjustments for current tax of prior periods (2,335)   (3,886) 0
Utilisation of previously unrecognised tax losses (412)   (403) 0
Income tax expense ¥ 289,766 $ 42,145 ¥ 335,364 ¥ 390,309
[1] Translation of amounts from Renminbi (" RMB ") into United States dollars ("US$") for the convenience of the reader has been made at US$1.00=RMB6. 8755 , the certified exchange rates for December 31 , 201 8 as published by the Federal Reserve Board of the United States . No representation is made that the RMB amounts could have been, or could be, converted into US$ at that rate on December 31 , 201 8 or on any other date .