BEIJING, Nov. 3, 2022
/PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome"
or the "Company"), the leading online destination for automobile
consumers in China, today
announced its unaudited financial results for the three months
ended September 30, 2022.
Third Quarter 2022
Highlights[1]
- Net Revenues in the third quarter of 2022 were
RMB1,843.3 million (US$259.1 million), compared to RMB1,763.8 million in the corresponding period of
2021.
- Net Income attributable to Autohome in the third quarter
of 2022 was RMB507.8 million
(US$71.4 million), compared to
RMB521.7 million in the corresponding
period of 2021, and net income attributable to ordinary
shareholders in the third quarter of 2022 was RMB495.4 million (US$69.6
million), compared to RMB511.0
million in the corresponding period of 2021.
- Adjusted Net Income attributable to Autohome
(Non-GAAP)[2] in the third quarter of 2022
was RMB590.0 million (US$82.9 million), compared to RMB583.3 million in the corresponding period of
2021.
[1] The
reporting currency of the Company is Renminbi ("RMB"). For the
convenience of readers, certain amounts throughout the release are
presented in US dollars ("US$"). Unless otherwise noted, all
conversions from RMB to US$ are translated at the noon buying rate
of US$1.00 RMB7.1135 on September 30, 2022 in the City of New York
for cable transfers of RMB as certified for customs purposes by the
Federal Reserve Bank of New York. No representation is made that
the RMB amounts could have been, or could be, converted into US$ at
such rate.
|
[2] For more
information on this and other non-GAAP financial measures, please
see the section captioned "Use of Non-GAAP Financial Measures" and
the tables captioned "Reconciliations of Non-GAAP and GAAP Results"
set forth at the end of this release.
|
Update on the Share Repurchase Program
On November 18, 2021, Autohome's
board of directors (the "Board") authorized a share repurchase
program ("Share Repurchase Program") under which the Company may
repurchase up to US$200 million of
its American depositary shares ("ADSs") over the next twelve
months. As of October 31, 2022,
the Company has repurchased 3,510,062 ADSs for a total cost of
approximately US$106.3 million. On
November 3, 2022, the Board
authorized an extension of the term of the Share Repurchase Program
for another twelve months to November 17,
2023.
Mr. Quan Long, Chairman of the
Board and Chief Executive Officer of Autohome, stated, "We are
pleased to report strong quarterly results, with total revenues
growing by 4.5% year-over-year to RMB1.84
billion, driven by the ongoing rebound of our traditional
business since the beginning of 2022. Notably, media service
revenues increased by 28% compared to the same period last
year while our new business continued to expand on pace with
our projections, demonstrating both our sustained recovery momentum
and resilience across our business lines. More excitingly, in early
September, we officially unveiled our brand-new retail model,
Autohome Energy Space, with the opening of our first offline
experience store in Shanghai. This
significant milestone accomplishment reflects our business model's
evolution and provides users with a much better purchase experience
while deepening our relationship with new energy vehicle ("NEV")
brands, creating a win-win for all stakeholders. Looking ahead, we
will continue to uphold Autohome's unwavering spirit of innovation,
and constantly use the power of technology to reshape user
experience, enhance our customers' digital capabilities and promote
the development of the industry. We believe that our diverse
services, deep understanding of the industry and brilliant
innovation will bring compelling new value to our users, customers
and the entire automotive industry."
Mr. Craig Yan Zeng, Chief
Financial Officer of Autohome, added, "Autohome demonstrated robust
upward momentum in the third quarter despite ongoing challenges,
with encouraging signs of recovery across our businesses. In
September 2022, our aggregated
average daily active users grew by 13.4% year-over-year to 49.56
million, according to QuestMobile, marking our fifth straight month
of accelerating growth. Meanwhile, revenues from NEV brands
continued to grow vigorously on a year-over-year basis,
significantly outperforming the growth rate of the NEV market
overall. We are also inspired by the sustained popularity of our
data products, with the number of our dealer customers in the third
quarter increasing by 16% year-over-year. In addition, for the
first nine months of 2022, the average revenue per dealer store and
the average number of data products adopted by each dealer store
increased by 20% and 31% compared to the prior year period,
respectively, augmenting their ongoing contribution to the
acceleration of industry-wide digitalization. Moving forward, we
are confident that our healthy balance sheet and solid
profitability will support our new strategic initiatives as we
strive to capture the industry's immense opportunities and achieve
high-quality development."
Unaudited Third Quarter 2022 Financial Results
Net Revenues
Net revenues in the third quarter of 2022 were RMB1,843.3 million (US$259.1 million), compared to RMB1,763.8 million in the corresponding period of
2021.
- Media services revenues were RMB555.7 million (US$78.1
million) in the third quarter of 2022, compared to
RMB434.1 million in the corresponding
period of 2021, primarily attributable to the increase in average
revenue per automaker advertiser, who increased their advertising
spending due to the easing of the global chip shortage.
- Leads generation services revenues were RMB809.1 million (US$113.7
million) in the third quarter of 2022, compared to
RMB768.4 million in the corresponding
period of 2021. The increase was primarily due to the growth of
average revenue per dealer.
- Online marketplace and others revenues were RMB478.5 million (US$67.3
million) in the third quarter of 2022, compared to
RMB561.2 million in the corresponding
period of 2021, primarily attributable to automakers' decreased
spending on data products.
Cost of Revenues
Cost of revenues was RMB330.7 million (US$46.5 million) in the third quarter of
2022, compared to RMB281.2 million in the corresponding period
of 2021. The increase was primarily attributable to the
continuous investment in content. Share-based compensation expense
included in cost of revenues in the third quarter of 2022
was RMB2.2 million (US$0.3 million), compared to RMB6.4 million in the corresponding period of
2021.
Operating Expenses
Operating expenses were RMB1,385.8 million
(US$194.8 million) in the third
quarter of 2022, compared to RMB1,187.0 million in the
corresponding period of 2021.
- Sales and marketing expenses were RMB862.6 million (US$121.3
million) in the third quarter of 2022, compared to
RMB712.2 million in the corresponding
period of 2021. The increase was primarily attributable to the
escalation of marketing and promotional spending. Share-based
compensation expense included in sales and marketing expenses in
the third quarter of 2022 was RMB9.5
million (US$1.3 million),
compared to RMB14.7 million in the
corresponding period of 2021.
- General and administrative expenses were RMB136.4 million (US$19.2
million) in the third quarter of 2022, compared to
RMB110.7 million in the corresponding
period of 2021. Share-based compensation expense included in
general and administrative expenses in the third quarter of 2022
was RMB10.9 million (US$1.5 million), compared to RMB9.6 million in the corresponding period of
2021.
- Product development expenses were RMB386.8 million (US$54.4
million) in the third quarter of 2022, compared to
RMB364.0 million in the corresponding
period of 2021. The increase was primarily attributable to greater
investment in research and development activities for digital
products. Share-based compensation expense included in product
development expenses in the third quarter of 2022 was RMB23.9 million (US$3.4
million), compared to RMB23.6
million in the corresponding period of 2021.
Operating Profit
Operating profit was RMB191.7 million (US$27.0 million) in the third quarter of 2022,
compared to RMB365.1 million in
the corresponding period of 2021.
Income Tax Benefit/Expense
There was an income tax benefit of RMB180.8 million (US$25.4
million) in the third quarter of 2022, compared to an income
tax expense of RMB18.2 million in the
corresponding period of 2021. The income tax benefit was primarily
attributable to the tax filing adjustments of 2021,
which was mainly benefit from the PRC preferential income tax rate
and tax holiday of certain subsidiaries.
Net Income Attributable to Autohome
Net income attributable to Autohome was RMB507.8 million (US$71.4
million) in the third quarter of 2022, compared to
RMB521.7 million in the corresponding
period of 2021.
Net Income Attributable to
Ordinary Shareholders and Earnings per
Share/ADS
Net income attributable to ordinary shareholders was
RMB495.4 million (US$69.6 million) in the third quarter of 2022,
compared to RMB511.0 million in the
corresponding period of 2021. Basic and diluted earnings per share
("EPS") were RMB0.99 (US$0.14) and RMB0.99 (US$0.14),
respectively, in the third quarter of 2022, as compared to basic
and diluted EPS of RMB1.01 and
RMB1.01, respectively, in the
corresponding period of 2021. Basic and diluted earnings per ADS
were RMB3.98 (US$0.56) and RMB3.97 (US$0.56),
respectively, in the third quarter of 2022, as compared to basic
and diluted earnings per ADS of RMB4.04 and RMB4.04, respectively, in the corresponding
period of 2021.
Adjusted Net Income Attributable to
Autohome (Non-GAAP) and Non-GAAP Earnings
per Share/ADS
Adjusted net income attributable to Autohome (Non-GAAP) was
RMB590.0 million (US$82.9 million) in the third quarter of 2022,
compared to RMB583.3 million in the
corresponding period of 2021. Non-GAAP basic and diluted EPS
were RMB1.18 (US$0.17) and RMB1.18 (US$0.17),
respectively, in the third quarter of 2022, as compared to non-GAAP
basic and diluted EPS of RMB1.15 and
RMB1.15, respectively, in the
corresponding period of 2021. Non-GAAP basic and diluted earnings
per ADS were RMB4.73 (US$0.67) and RMB4.72 (US$0.66),
respectively, in the third quarter of 2022, as compared to non-GAAP
basic and diluted earnings per ADS of RMB4.61 and RMB4.61, respectively, in the corresponding
period of 2021.
Balance Sheet and Cash Flow
As of September 30, 2022, the
Company had cash and cash equivalents and short-term investments of
RMB21.34 billion (US$2,999.4 million). Net cash provided by
operating activities in the third quarter of 2022 was RMB540.7 million (US$76.0
million).
Employees
The Company had 5,518 employees as of September 30, 2022, including 2,086 employees
from TTP Car, Inc.
Conference Call Information
The Company will host an earnings conference call at
8:00 AM U.S. Eastern Time on
Thursday, November 3, 2022
(8:00 PM Beijing Time on the same
day).
Please register in advance of the conference using the
registration link provided below. Upon registering, each
participant will receive a set of participant dial-in numbers and a
personal PIN, which will be used to join the conference call.
Registration Link:
https://register.vevent.com/register/BIbd7a8d59117e423bb183d840fcaef0d0
Please use the conference access information to join the call
ten minutes before the call is scheduled to begin.
Additionally, a live and archived webcast of the conference call
will be available at http://ir.autohome.com.cn and a replay of the
webcast will be available following the session.
About Autohome
Autohome Inc. (NYSE: ATHM; HKEX: 2518) is the leading online
destination for automobile consumers in China. Its mission is to engage, educate and
inform consumers about everything auto. Autohome provides original
generated content, professionally generated content, user-generated
content, and AI-generated content, a comprehensive automobile
library, and extensive automobile listing information to automobile
consumers, covering the entire car purchase and ownership cycle.
The ability to reach a large and engaged user base of automobile
consumers has made Autohome a preferred platform for automakers and
dealers to conduct their advertising campaigns. Further, the
Company's dealer subscription and advertising services allow
dealers to market their inventory and services through Autohome's
platform, extending the reach of their physical showrooms to
potentially millions of internet users in China and generating sales leads for them. The
Company offers sales leads, data analysis, and marketing services
to assist automakers and dealers with improving their efficiency
and facilitating transactions. Autohome operates its "Autohome
Mall," a full-service online transaction platform, to facilitate
transactions for automakers and dealers. Further, through its
websites and mobile applications, it also provides other
value-added services, including auto financing, auto insurance,
used car transactions, and aftermarket services. For further
information, please visit www.autohome.com.cn.
Safe Harbor Statement
This press release contains statements that may constitute
"forward-looking" statements pursuant to the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will", "expects", "anticipates", "future",
"intends", "plans", "believes", "estimates" and similar statements.
Among other things, Autohome's business outlook, Autohome's
strategic and operational plans and quotations from management in
this announcement contain forward-looking statements. Autohome may
also make written or oral forward-looking statements in its
periodic reports to the Securities and Exchange Commission ("SEC"),
in announcements made on the website of The Stock Exchange of Hong
Kong Limited (the "Hong Kong Stock Exchange"), in its annual report
to shareholders, in press releases and other written materials and
in oral statements made by its officers, directors or employees to
third parties. Statements that are not historical facts, including
statements about Autohome's beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: Autohome's goals and strategies; Autohome's future
business development, results of operations and financial
condition; the expected growth of the online automobile advertising
market in China; Autohome's
ability to attract and retain users and advertisers and further
enhance its brand recognition; Autohome's expectations regarding
demand for and market acceptance of its products and services;
competition in the online automobile advertising industry; relevant
government policies and regulatory environment of China; fluctuations in general economic and
business conditions in China and
assumptions underlying or related to any of the foregoing. Further
information regarding these and other risks is included in
Autohome's filings with the SEC and announcements on the website of
the Hong Kong Stock Exchange. All information provided in this
press release is as of the date of this press release, and Autohome
does not undertake any obligation to update any forward-looking
statement, except as required under applicable law.
Use of Non-GAAP Financial Measures
To supplement net income presented in accordance with U.S. GAAP,
we use Adjusted Net Income attributable to Autohome, Non-GAAP basic
and diluted EPS and earnings per ADS, Adjusted net margin
and Adjusted EBITDA as non-GAAP financial measures. We define
Adjusted Net Income attributable to Autohome as net income
attributable to Autohome excluding share-based compensation
expenses, amortization of intangible assets resulting from business
acquisition, investment loss relating to non-operating impact of a
write-down of the initial investment in a financial product, and
(gain)/loss pickup of equity method investments, with all the
reconciliation items adjusted for related income tax effects. We
define non-GAAP basic and diluted EPS as Adjusted Net Income
attributable to Autohome divided by the basic and diluted weighted
average number of ordinary shares. We define non-GAAP basic and
diluted earnings per ADS as Adjusted Net Income attributable to
Autohome divided by the basic and diluted weighted average number
of ADSs. We define Adjusted net margin as Adjusted Net Income
attributable to Autohome divided by total net revenues. We define
Adjusted EBITDA as net income attributable to Autohome before
income tax expense, depreciation expenses of property and
equipment, amortization expenses of intangible assets and
share-based compensation expenses. We present these non-GAAP
financial measures because they are used by our management to
evaluate our operating performance, in addition to net income
prepared in accordance with U.S. GAAP. We believe these non-GAAP
financial measures are important to help investors understand our
operating and financial performance, compare business trends among
different reporting periods on a consistent basis and assess our
core operating results, as they exclude certain non-cash charges or
items that are non-operating in nature. The use of the above
non-GAAP financial measures has certain limitations as they
excluded certain items that have been and will continue to be
incurred in the future, but such items should be considered in the
overall evaluation of our results. These non-GAAP financial
measures should be considered in addition to financial measures
prepared in accordance with GAAP, but should not be considered a
substitute for, or superior to, financial measures prepared in
accordance with GAAP. For more information on these non-GAAP
financial measures, please see the table captioned "Reconciliation
of non-GAAP and GAAP Results" set forth at the end of this press
release.
For investor and media inquiries, please contact:
In China:
Autohome Inc.
Investor Relations
Sterling Song
Investor Relations Director
Tel: +86-10-5985-7483
E-mail: ir@autohome.com.cn
The Piacente Group, Inc.
Jenny Cai
Tel: +86-10-6508-0677
E-mail: autohome@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: autohome@tpg-ir.com
AUTOHOME
INC.
|
CONDENSED CONSOLIDATED
STATEMENTS OF OPERATIONS DATA
|
(Amount in thousands,
except per share / per ADS data)
|
|
|
|
|
|
|
|
For three
months ended September 30,
|
|
2021
|
|
2022
|
|
RMB
|
|
RMB
|
|
US$
|
|
(Unaudited)
|
|
(Unaudited)
|
|
(Unaudited)
|
|
|
|
|
|
|
Net
revenues:
|
|
|
|
|
|
Media
services
|
434,102
|
|
555,745
|
|
78,125
|
Leads generation
services
|
768,412
|
|
809,076
|
|
113,738
|
Online marketplace and
others
|
561,249
|
|
478,466
|
|
67,262
|
Total net
revenues
|
1,763,763
|
|
1,843,287
|
|
259,125
|
Cost of
revenues
|
(281,212)
|
|
(330,661)
|
|
(46,484)
|
Gross
profit
|
1,482,551
|
|
1,512,626
|
|
212,641
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
Sales and marketing
expenses
|
(712,196)
|
|
(862,622)
|
|
(121,265)
|
General and
administrative expenses
|
(110,748)
|
|
(136,387)
|
|
(19,173)
|
Product development
expenses
|
(364,029)
|
|
(386,750)
|
|
(54,368)
|
Total operating
expenses
|
(1,186,973)
|
|
(1,385,759)
|
|
(194,806)
|
Other operating income,
net
|
69,506
|
|
64,879
|
|
9,121
|
Operating
profit
|
365,084
|
|
191,746
|
|
26,956
|
|
|
|
|
|
|
Interest and investment
income, net
|
152,307
|
|
152,858
|
|
21,488
|
Loss from equity method
investments, net
|
(102)
|
|
(15,739)
|
|
(2,213)
|
Income before income
taxes
|
517,289
|
|
328,865
|
|
46,231
|
Income tax
(expense)/benefit
|
(18,204)
|
|
180,842
|
|
25,422
|
Net
income
|
499,085
|
|
509,707
|
|
71,653
|
Net loss/(income)
attributable to noncontrolling
interests
|
22,635
|
|
(1,863)
|
|
(262)
|
Net income
attributable to Autohome
|
521,720
|
|
507,844
|
|
71,391
|
Accretion of mezzanine
equity
|
(24,445)
|
|
(35,565)
|
|
(5,000)
|
Accretion attributable
to noncontrolling interests
|
13,763
|
|
23,157
|
|
3,255
|
Net income
attributable to ordinary
shareholders
|
511,038
|
|
495,436
|
|
69,646
|
|
|
|
|
|
|
Earnings per share
for ordinary shares
|
|
|
|
|
|
Basic
|
1.01
|
|
0.99
|
|
0.14
|
Diluted
|
1.01
|
|
0.99
|
|
0.14
|
Earnings per ADS
attributable to ordinary
shareholders (one ADS equals for four
ordinary shares)
|
|
|
|
|
|
Basic
|
4.04
|
|
3.98
|
|
0.56
|
Diluted
|
4.04
|
|
3.97
|
|
0.56
|
|
|
|
|
|
|
Weighted average
shares used to compute
earnings per share attributable to ordinary
shareholders:
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
505,628,316
|
|
498,413,636
|
|
498,413,636
|
Diluted
|
505,851,862
|
|
499,473,616
|
|
499,473,616
|
AUTOHOME
INC.
|
RECONCILIATIONS OF
NON-GAAP AND GAAP RESULTS
|
(Amount in thousands,
except per share / per ADS data)
|
|
|
|
|
|
|
|
For three months ended September
30,
|
|
2021
|
|
2022
|
|
RMB
|
|
RMB
|
|
US$
|
|
(Unaudited)
|
|
(Unaudited)
|
|
(Unaudited)
|
|
|
|
|
|
|
Net income attributable to
Autohome
|
521,720
|
|
507,844
|
|
71,391
|
Plus: income tax
expense/(benefit)
|
19,914
|
|
(179,501)
|
|
(25,234)
|
Plus: depreciation of
property and
equipment
|
56,550
|
|
55,522
|
|
7,805
|
Plus: amortization of
intangible assets
|
9,538
|
|
10,845
|
|
1,525
|
EBITDA
|
607,722
|
|
394,710
|
|
55,487
|
Plus: share-based
compensation
expenses
|
54,276
|
|
46,498
|
|
6,537
|
Adjusted EBITDA
|
661,998
|
|
441,208
|
|
62,024
|
|
|
|
|
|
|
Net income attributable to
Autohome
|
521,720
|
|
507,844
|
|
71,391
|
Plus: amortization of
intangible assets
resulting from business acquisition
|
8,259
|
|
10,722
|
|
1,507
|
Plus: share-based
compensation expenses
|
54,276
|
|
46,498
|
|
6,537
|
Plus: investment loss
arising from one
of financial products[3]
|
-
|
|
14,823
|
|
2,084
|
Plus: loss on equity
method
investments, net
|
102
|
|
15,739
|
|
2,213
|
Plus: tax effects of
the adjustments
|
(1,090)
|
|
(5,647)
|
|
(794)
|
Adjusted net income attributable to
Autohome
|
583,267
|
|
589,979
|
|
82,938
|
|
|
|
|
|
|
Net income attributable to
Autohome
|
521,720
|
|
507,844
|
|
71,391
|
Net margin
|
29.6 %
|
|
27.6 %
|
|
27.6 %
|
Adjusted net income attributable to
Autohome
|
583,267
|
|
589,979
|
|
82,938
|
Adjusted net margin
|
33.1 %
|
|
32.0 %
|
|
32.0 %
|
|
|
|
|
|
|
Non-GAAP earnings
per share
|
|
|
|
|
|
Basic
|
1.15
|
|
1.18
|
|
0.17
|
Diluted
|
1.15
|
|
1.18
|
|
0.17
|
Non-GAAP earnings per ADS (one
ADS equals for four ordinary
shares)
|
|
|
|
|
|
Basic
|
4.61
|
|
4.73
|
|
0.67
|
Diluted
|
4.61
|
|
4.72
|
|
0.66
|
|
|
|
|
|
|
Weighted average shares used to
compute non-GAAP earnings per
share:
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
505,628,316
|
|
498,413,636
|
|
498,413,636
|
Diluted
|
505,851,862
|
|
499,473,616
|
|
499,473,616
|
|
|
|
|
|
|
[3] It
represented the loss of an overdue financial product with fair
value below its initial investment in the third quarter of 2022,
which was
recognized at "interest and investment income, net". The impact was
considered to be not directly related to the Company's
operating
activities.
|
AUTOHOME
INC.
|
CONDENSED CONSOLIDATED
BALANCE SHEET
|
(Amount in thousands,
except as noted)
|
|
|
|
|
|
|
|
As of
December
31,
|
|
As of September
30,
|
|
2021
|
|
2022
|
|
RMB
|
|
RMB
|
|
US$
|
|
(Audited)
|
|
(Unaudited)
|
|
(Unaudited)
|
ASSETS
|
|
|
|
|
|
Current
assets
|
|
|
|
|
|
Cash and cash
equivalents
|
4,236,501
|
|
4,900,319
|
|
688,876
|
Restricted
Cash
|
89,855
|
|
10,302
|
|
1,448
|
Short-term
investments
|
16,496,267
|
|
16,435,973
|
|
2,310,533
|
Accounts receivable,
net
|
2,139,471
|
|
1,518,125
|
|
213,415
|
Amounts due from
related parties, current
|
83,376
|
|
56,568
|
|
7,952
|
Prepaid expenses and
other current assets
|
280,248
|
|
391,750
|
|
55,071
|
Total current
assets
|
23,325,718
|
|
23,313,037
|
|
3,277,295
|
Non-current
assets
|
|
|
|
|
|
Restricted cash,
non-current
|
5,200
|
|
5,000
|
|
703
|
Property and equipment,
net
|
381,496
|
|
278,578
|
|
39,162
|
Goodwill and intangible
assets, net
|
4,428,822
|
|
4,370,414
|
|
614,383
|
Long-term
investments
|
70,720
|
|
432,937
|
|
60,861
|
Deferred tax
assets
|
176,138
|
|
215,369
|
|
30,276
|
Amounts due from
related parties, non-current
|
7,529
|
|
10,763
|
|
1,513
|
Other non-current
assets
|
133,383
|
|
149,808
|
|
21,060
|
Total non-current
assets
|
5,203,288
|
|
5,462,869
|
|
767,958
|
Total
assets
|
28,529,006
|
|
28,775,906
|
|
4,045,253
|
|
|
|
|
|
|
LIABILITIES AND
EQUITY
|
|
|
|
|
|
Current
liabilities
|
|
|
|
|
|
Accrued expenses and
other payables
|
2,044,597
|
|
2,395,802
|
|
336,797
|
Advance from
customers
|
123,370
|
|
86,110
|
|
12,105
|
Deferred
revenue
|
1,553,013
|
|
793,646
|
|
111,569
|
Income tax
payable
|
233,342
|
|
57,614
|
|
8,099
|
Amounts due to related
parties
|
31,897
|
|
25,357
|
|
3,565
|
Total current
liabilities
|
3,986,219
|
|
3,358,529
|
|
472,135
|
Non-current
liabilities
|
|
|
|
|
|
Other
liabilities
|
28,619
|
|
60,006
|
|
8,436
|
Deferred tax
liabilities
|
576,798
|
|
547,878
|
|
77,019
|
Total non-current
liabilities
|
605,417
|
|
607,884
|
|
85,455
|
Total
liabilities
|
4,591,636
|
|
3,966,413
|
|
557,590
|
|
|
|
|
|
|
MEZZANINE
EQUITY
|
|
|
|
|
|
Convertible redeemable
noncontrolling interests
|
1,468,029
|
|
1,567,852
|
|
220,405
|
|
|
|
|
|
|
EQUITY
|
|
|
|
|
|
Total Autohome
shareholders' equity
|
22,754,419
|
|
23,623,716
|
|
3,320,969
|
Noncontrolling
interests
|
(285,078)
|
|
(382,075)
|
|
(53,711)
|
Total
equity
|
22,469,341
|
|
23,241,641
|
|
3,267,258
|
Total liabilities,
mezzanine equity and equity
|
28,529,006
|
|
28,775,906
|
|
4,045,253
|
View original
content:https://www.prnewswire.com/news-releases/autohome-inc-announces-unaudited-2022-third-quarter-financial-results-301667155.html
SOURCE Autohome Inc.