Exhibit 12.1
500.COM LIMITED
Computation of Ratio of Earnings to Fixed Charges
| Year Ended December 31, | ||||||||||||
| 2011 | 2012 | 2013 | ||||||||||
| RMB | RMB | RMB | ||||||||||
| (in thousands) | ||||||||||||
Earnings: | ||||||||||||
Income before income taxes | 42,054 | 22,244 | 29,760 | |||||||||
Add: Fixed charges | 223 | 284 | 5,722 | |||||||||
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| 42,277 | 22,528 | 35,482 | ||||||||||
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Fixed charges: | ||||||||||||
Interest expense | — | — | 5,407 | |||||||||
Estimated interest component of rental expense | 223 | 284 | 315 | |||||||||
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| 223 | 284 | 5,722 | ||||||||||
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Ratio of earnings to fixed charge | 189.9 | 79.4 | 6.2 | |||||||||
