EX-99.2 3 d487465dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

		For six months ended June 30,
		2016				2017
		RMB				RMB				US$
		(Unaudited)				(Unaudited)				(Unaudited)
Net revenues:
Media services			1,038,368				1,317,503				194,342
Leads generation services			856,786				1,197,677				176,667
Online marketplace			576,687				395,149				58,288
Total net revenues			2,471,841				2,910,329				429,297
Cost of revenues			(847,140	)			(731,983	)			(107,973	)
Gross profit			1,624,701				2,178,346				321,324
Operating expenses:
Sales and marketing expenses			(635,509	)			(718,613	)			(106,001	)
General and administrative expenses			(149,274	)			(140,057	)			(20,660	)
Product development expenses			(254,707	)			(405,100	)			(59,755	)
Operating profit			585,211				914,576				134,908
Interest income			39,049				91,414				13,484
Loss from equity method investments			(3,423	)			(5,436	)			(802	)
Other income, net			6,337				10,672				1,574
Income before income taxes			627,174				1,011,226				149,164
Income tax expense			(37,806	)			(170,012	)			(25,078	)
Net income			589,368				841,214				124,086
Net loss attributable to noncontrolling interests			1,127				3,927				579
Net income attributable to Autohome Inc.			590,495				845,141				124,665
Earnings per share for ordinary shares
Basic			5.20				7.30				1.08
Diluted			5.10				7.20				1.06
Weighted average shares used to compute earnings per share attributable to Class A and Class B common stockholders:
Basic			113,513,423				115,796,241				115,796,241
Diluted			115,773,891				117,400,922				117,400,922

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AUTOHOME INC.

RECONCILIATION OF NON-GAAP AND GAAP RESULTS

(Amount in thousands, except per share data)

		For six months ended June 301,
		2016				2017
		RMB				RMB				US$
		(Unaudited)				(Unaudited)				(Unaudited)
Net income attributable to Autohome Inc.			590,495				845,141				124,665
Plus: income tax expense			37,806				170,012				25,078
Plus: depreciation of property and equipment			31,284				40,215				5,932
Plus: amortization of intangible assets			2,277				2,290				338
EBITDA			661,862				1,057,658				156,013
Plus: share-based compensation expenses			97,362				84,975				12,534
Adjusted EBITDA			759,224				1,142,633				168,547
Net income attributable to Autohome Inc.			590,495				845,141				124,665
Plus: amortization of acquired intangible assets of Cheerbright, China Topside and Norstar			2,277				2,277				336
Plus: share-based compensation expenses			97,362				84,975				12,534
Adjusted Net Income attributable to Autohome Inc.			690,134				932,393				137,535
Basic			6.08				8.05				1.19
Diluted			5.96				7.94				1.17
Weighted average shares used to compute earnings per share attributable to Class A and Class B common stockholders:
Basic			113,513,423				115,796,241				115,796,241
Diluted			115,773,891				117,400,922				117,400,922

¹ The reporting currency of the Company is Renminbi (“RMB”). For the convenience of the reader, certain amounts throughout the release are presented in US dollars (“$”). Unless otherwise noted, all conversions from RMB to US$ are translated at the noon buying rate of US$1.00 to RMB6.7793 on June 30, 2017 in the City of New York for cable transfers of RMB as certified for customs purposes by the Federal Reserve Bank of New York. No representation is made that the RMB amounts could have been, or could be, converted into US$ at such rate.

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