BEIJING, Nov. 18, 2021 /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 third quarter ended September 30, 2021 and its US$200 million share repurchase program.
Third
Quarter 2021 Highlights[1]
- Net Revenues in the third quarter of 2021 were
RMB1,763.8 million ($273.7 million), compared to RMB2,315.6 million in the corresponding period of
2020. Online Marketplace and Others Revenues in the third
quarter of 2021 were RMB561.2 million
($87.1 million), representing an
increase of 2.5% year- over- year.
- Net Income attributable to Autohome Inc. in the third
quarter of 2021 was RMB521.7 million
($81.0 million), compared to
RMB846.7 million in the corresponding
period of 2020 and net income attributable to Ordinary
Shareholders in the third quarter of 2021 was RMB511.0 million ($79.3
million), compared to RMB846.7
million in the corresponding period of 2020.
- Adjusted Net Income attributable to Autohome Inc.
(Non-GAAP)[2] in the third quarter of 2021 was
RMB583.2 million ($90.5 million), compared to RMB901.8 million in the corresponding period of
2020.
[1] The reporting currency of the
Company is Renminbi ("RMB"). For the convenience of readers,
certain amounts throughout the release are presented in US dollars
("$"). Unless otherwise noted, all conversions from RMB to US$ are
translated at the noon buying rate of US$1.00 to RMB6.4434 on
September 30, 2021 in the City of New York for cable transfers of
RMB as certified for customs purposes by the Federal Reserve Bank
of New York. No representation is made that the RMB amounts could
have been, or could be, converted into US$ 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.
|
Share Repurchase Program
On November 18, 2021, Autohome's
Board of Directors authorized a share repurchase program under
which the Company may repurchase up to US$200 million of its American depositary shares
over the next twelve months.
The Company's proposed repurchases may be made from time to time
through open market transactions at prevailing market prices, in
privately negotiated transactions, in block trades and/or through
other legally permissible means, depending on the market conditions
and in accordance with applicable rules and regulations. The timing
and dollar amount of repurchase transactions will be subject to the
Securities and Exchange Commission Rule 10b-18 and/or Rule 10b5-1 requirements. The
Company's Board of Directors will review the authorized share
repurchase program periodically, and may authorize adjustment of
its terms and size or suspend or discontinue the program. The
Company plans to fund repurchases from its existing cash
balance.
Mr. Quan
Long, Chairman of the Board of Directors and Chief Executive
Officer of Autohome, stated, "We are pleased to announce the
financial results of our third quarter of 2021, which is another
profitable quarter, as we maintained our leading market share and
delivered total revenues of RMB1.76
billion. Despite the challenges for our traditional business
due to chip shortage and reductions in marketing spending by OEMs
and dealers, we are inspired by our solid progress in strategy
implementation, which focuses on high-quality future growth in new
business. In particular, revenues from new energy vehicle ("NEV")
brands more than doubled year-over-year in the third quarter as we
increased our efforts to engage with NEV automakers. Besides, the
popularity of our digital-dealer-solutions packages grew steadily,
evidenced by increasing data products adoption among dealer stores
along with high penetration rate."
Mr. Long added, "Our content
differentiation strategy and a series of innovative initiatives
have successfully strengthened Autohome's content ecosystem,
delivered a better user experience and sustained solid traffic
expansion. In September 2021, our
mobile daily active users increased by 12.3% year-over-year, a
further testament to our leadership position in the auto media
vertical.
Mr. Long continued, "we are also
pleased to announce the share repurchase program of US$ 200 million, which demonstrates our
confidence in Autohome's fundamentals, business outlook and the
growth opportunities presented by our upgraded strategies. We
believe that the share repurchase program will ultimately benefit
Autohome as well as maximize value for our shareholders. Our strong
cash positions bolster our ability to carry out this program while
continuously investing in our value-driving strategies and new
business, promoting Autohome's sustainable growth."
"Looking ahead, we will continue to
build upon our solid business fundamentals and strong cash
position, together with support from Ping An Group, to execute our
strategic upgrades, and we are highly confident that we will make
significant progress with more competitiveness in the long run."
Mr. Long concluded.
Unaudited Third Quarter 2021 Financial Results
Net Revenues
Net revenues in the third quarter of 2021 were RMB1,763.8 million ($273.7
million), compared to RMB2,315.6
million in the corresponding period of
2020.
- Media services revenues were RMB434.1 million ($67.4
million), compared to RMB927.4
million in the corresponding period of 2020. The decline was
primarily due to the decrease in average revenue per automaker
advertiser, who adjusted their advertising budgets due to the
ongoing global chip shortage and the elevated price of raw
materials.
- Leads generation services revenues were RMB768.4 million ($119.3
million), compared to RMB840.5
million in the corresponding period of 2020. The decline was
primarily due to the decrease in dealers' marketing spending.
- Online marketplace and others revenues increased by 2.5%
year- over- year to RMB561.2 million
($87.1 million) from RMB547.7 million in the corresponding period of
2020. The increase was primarily due to the consolidation of
TTP.
Cost of Revenues
Cost of revenues was RMB281.2 million ($43.6 million) in the third quarter of 2021,
compared to RMB250.1 million in
the corresponding period of
2020. The increase was primarily attributable
to the consolidation of TTP. In addition, share-based
compensation expense included in cost of revenues was
RMB6.4 million ($1.0 million) during the third quarter of
2021, compared to RMB5.5 million in
the corresponding period of 2020.
Operating Expenses
Operating expenses were RMB1,187.0 million ($184.2 million) in the third quarter of
2021, compared to RMB1,468.0 million in the corresponding
period of 2020.
- Sales and marketing expenses were RMB712.2 million ($110.5
million) in the third quarter of 2021, compared to
RMB979.3 million in the corresponding
period of 2020, primarily due to the decrease in promotional
spending and continuous budget control. Share-based compensation
expense included in sales and marketing expenses in the third
quarter of 2021 was RMB14.7 million
($2.3 million), compared to
RMB11.2 million in the corresponding
period of 2020.
- General and administrative expenses were RMB110.7 million ($17.2
million) in the third quarter of 2021, compared to
RMB139.6 million in the corresponding
period of 2020. Share-based compensation expense included in
general and administrative expenses in the third quarter of 2021
was RMB9.6 million ($1.5 million), compared to RMB11.5 million in the corresponding period of
2020.
- Product development expenses were RMB364.0 million ($56.5
million) in the third quarter of 2021, compared to
RMB349.0 million in the corresponding
period of 2020, primarily due to the increased investment in
research and development activities. Share-based compensation
expense included in product development expenses in the third
quarter of 2021 was RMB23.6 million
($3.7 million), compared to
RMB25.7 million in the corresponding
period of 2020.
Operating Profit
Operating profit was RMB365.1 million ($56.7 million) in the third quarter of 2021,
compared to RMB744.2 million in the
corresponding period of 2020.
Income Tax Expense
There was an income tax expense of RMB18.2 million ($2.8
million) in the third quarter of 2021, compared to
RMB31.9 million in the corresponding
period of 2020.
Net Income attributable to Autohome
Inc.
Net income attributable to Autohome Inc. was RMB521.7 million ($81.0
million) in the third quarter of 2021, compared with
RMB846.7 million in the corresponding
period of 2020.
Net Income attributable to Ordinary
Shareholders and Earnings per Share/ADS
Net income attributable to ordinary shareholders was
RMB511.0 million ($79.3 million) in the third quarter of 2021,
compared to RMB846.7 million in the
corresponding period of 2020. Basic and diluted earnings per share
("EPS") were RMB1.01 ($0.16) and RMB1.01
($0.16), respectively, as compared to
basic and diluted EPS of RMB1.77 and
RMB1.76, respectively, in the
corresponding period of 2020. Basic and diluted earnings per ADS
were RMB4.04 ($0.63) and RMB4.04
($0.63), respectively, as compared to
basic and diluted earnings per ADS of RMB7.09 and RMB7.06, respectively, in the corresponding
period of 2020.
Adjusted Net Income attributable to Autohome
Inc. (Non-GAAP) and Non-GAAP EPS/ADS
Adjusted net income attributable to Autohome Inc. (Non-GAAP)
was RMB583.2 million ($90.5
million) in the third quarter of 2021, compared to
RMB901.8 million in the
corresponding period of 2020. Non-GAAP basic and diluted EPS
were RMB1.15 ($0.18) and RMB1.15
($0.18), respectively, compared to
non-GAAP basic and diluted EPS of RMB1.89 and RMB1.88, respectively, in the corresponding
period of 2020. Non-GAAP basic and diluted earnings per
ADS were RMB4.61 ($0.72) and RMB4.61
($0.72), respectively, compared to
non-GAAP basic and diluted earnings per ADS of RMB7.55 and RMB7.52, respectively, in the corresponding
period of 2020.
Balance Sheet and Cash Flow
As of September 30, 2021, the
Company had cash and cash equivalents and short-term investments of
RMB19.18 billion ($2.98 billion). Net cash provided by operating
activities in the third quarter of 2021 was RMB567.5 million ($88.1
million).
Employees
The Company had 6,048 employees as of September 30, 2021, including 2,191 employees
from TTP.
Conference Call Information
The Company will host an earnings conference call at
7:00 AM U.S. Eastern Time on
Thursday, November 18, 2021
(8:00 PM Beijing Time on the same
day).
Dial-in details for the earnings conference call are as
follows:
United
States:
|
+1-855-824-5644
|
Hong Kong,
China:
|
+852-3027-6500
|
Mainland,
China:
|
8009-880-563/
400-821-0637
|
United
Kingdom:
|
0800-026-1542
|
International:
|
+1-646-722-4977
|
Passcode:
|
67228218#
|
Please dial in ten minutes before the call is scheduled to begin
and provide the passcode to join the call.
A replay of the conference call may be accessed by phone at the
following numbers until November 25,
2021:
United
States:
|
+1-646-982-0473
|
International:
|
+61-2-8325-2405
|
Passcode:
|
520000132#
|
Additionally, a live and archived webcast of the conference call
will be available at http://ir.autohome.com.cn.
About Autohome Inc.
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 Inc., Non-GAAP
basic and diluted EPS and per ADS, Adjusted net
margin and Adjusted EBITDA as non-GAAP financial
measures. We define Adjusted Net Income attributable to Autohome
Inc. as net income attributable to Autohome Inc. excluding
share-based compensation expenses and amortization of intangible
assets resulting from business acquisition. We define Non-GAAP
basic and diluted EPS as Adjusted Net Income attributable to
Autohome Inc. divided by the basic and diluted weighted average
number of ordinary shares. We define Adjusted net margin as
Adjusted Net Income attributable to Autohome Inc. divided by total
net revenues. We define Adjusted EBITDA as net income attributable
to Autohome Inc. 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 expenses that are
not expected to result in cash payments. The use of the above
non-GAAP financial measures has certain limitations. Share-based
compensation expenses have been and will continue to be incurred in
the future and are not reflected in the presentation of the
non-GAAP financial measures, but 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
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,
|
|
2020
|
|
2021
|
|
RMB
|
|
RMB
|
|
US$
|
|
(Unaudited)
|
|
(Unaudited)
|
|
(Unaudited)
|
Net
revenues:
|
|
|
|
|
|
Media
services
|
927,361
|
|
434,102
|
|
67,372
|
Leads generation
services
|
840,470
|
|
768,412
|
|
119,256
|
Online marketplace
and others
|
547,737
|
|
561,249
|
|
87,104
|
Total net
revenues
|
2,315,568
|
|
1,763,763
|
|
273,732
|
Cost of
revenues
|
(250,085)
|
|
(281,212)
|
|
(43,643)
|
Gross
profit
|
2,065,483
|
|
1,482,551
|
|
230,089
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
Sales and marketing
expenses
|
(979,337)
|
|
(712,196)
|
|
(110,531)
|
General and
administrative expenses
|
(139,632)
|
|
(110,748)
|
|
(17,188)
|
Product development
expenses
|
(349,010)
|
|
(364,029)
|
|
(56,496)
|
Total operating
expenses
|
(1,467,979)
|
|
(1,186,973)
|
|
(184,215)
|
Other income,
net
|
146,672
|
|
69,506
|
|
10,787
|
Operating
profit
|
744,176
|
|
365,084
|
|
56,661
|
|
|
|
|
|
|
Interest
income
|
135,091
|
|
152,307
|
|
23,638
|
Loss from equity
method investments
|
(280)
|
|
(102)
|
|
(16)
|
Income before
income taxes
|
878,987
|
|
517,289
|
|
80,283
|
|
|
|
|
|
|
Income tax
expense
|
(31,914)
|
|
(18,204)
|
|
(2,825)
|
Net
income
|
847,073
|
|
499,085
|
|
77,458
|
Net (income)/ loss
attributable to noncontrolling
interests
|
(402)
|
|
22,635
|
|
3,513
|
Net income
attributable to Autohome Inc.
|
846,671
|
|
521,720
|
|
80,971
|
Accretion of
mezzanine equity
|
-
|
|
(24,445)
|
|
(3,794)
|
Accretion
attributable to noncontrolling interests
|
-
|
|
13,763
|
|
2,136
|
Net income
attributable to ordinary
shareholders
|
846,671
|
|
511,038
|
|
79,313
|
|
|
|
|
|
|
Earnings per share
for ordinary shares
|
|
|
|
|
|
Basic
|
1.77
|
|
1.01
|
|
0.16
|
Diluted
|
1.76
|
|
1.01
|
|
0.16
|
Earnings per ADS
attributable to ordinary
shareholders (one ADS equals for four ordinary
shares)
|
|
|
|
|
|
Basic
|
7.09
|
|
4.04
|
|
0.63
|
Diluted
|
7.06
|
|
4.04
|
|
0.63
|
|
|
|
|
|
|
Weighted average
shares used to compute
earnings per share attributable to ordinary
shareholders:
|
|
|
|
|
|
Basic
|
477,836,800
|
|
505,628,316
|
|
505,628,316
|
Diluted
|
479,842,768
|
|
505,851,862
|
|
505,851,862
|
AUTOHOME
INC.
|
RECONCILIATION OF
NON-GAAP AND GAAP RESULTS
|
(Amount in thousands,
except per share / per ADS data)
|
|
|
|
|
|
|
|
For three
months ended September 30,
|
|
2020
|
|
2021
|
|
RMB
|
|
RMB
|
|
US$
|
|
(Unaudited)
|
|
(Unaudited)
|
|
(Unaudited)
|
|
|
|
|
|
|
Net income
attributable to Autohome Inc.
|
846,671
|
|
521,720
|
|
80,971
|
Plus: income tax
expense
|
31,914
|
|
19,914
|
|
3,091
|
Plus: depreciation of
property and equipment
|
42,364
|
|
56,550
|
|
8,776
|
Plus: amortization of
intangible assets
|
2,951
|
|
9,538
|
|
1,480
|
EBITDA
|
923,900
|
|
607,722
|
|
94,318
|
Plus: share-based
compensation expenses
|
53,943
|
|
54,276
|
|
8,424
|
Adjusted
EBITDA
|
977,843
|
|
661,998
|
|
102,742
|
|
|
|
|
|
|
Net income
attributable to Autohome Inc.
|
846,671
|
|
521,720
|
|
80,971
|
Plus: amortization of
intangible assets resulting
from business acquisition
|
1,139
|
|
7,191
|
|
1,116
|
Plus: share-based
compensation expenses
|
53,943
|
|
54,276
|
|
8,424
|
Adjusted net
income attributable to Autohome
Inc.
|
901,753
|
|
583,187
|
|
90,511
|
|
|
|
|
|
|
Net income
attributable to Autohome Inc.
|
846,671
|
|
521,720
|
|
80,971
|
Net
margin
|
36.6%
|
|
29.6%
|
|
29.6%
|
Adjusted net
income attributable to Autohome
Inc.
|
901,753
|
|
583,187
|
|
90,511
|
Adjusted net
margin
|
38.9%
|
|
33.1%
|
|
33.1%
|
|
|
|
|
|
|
Non-GAAP earnings
per share
|
|
|
|
|
|
Basic
|
1.89
|
|
1.15
|
|
0.18
|
Diluted
|
1.88
|
|
1.15
|
|
0.18
|
Non-GAAP earnings
per ADS (one ADS equals
for four ordinary shares)
|
|
|
|
|
|
Basic
|
7.55
|
|
4.61
|
|
0.72
|
Diluted
|
7.52
|
|
4.61
|
|
0.72
|
|
|
|
|
|
|
Weighted average
shares used to compute non-
GAAP earnings per share:
|
|
|
|
|
|
Basic
|
477,836,800
|
|
505,628,316
|
|
505,628,316
|
Diluted
|
479,842,768
|
|
505,851,862
|
|
505,851,862
|
AUTOHOME
INC.
|
CONDENSED
CONSOLIDATED BALANCE SHEET
|
(Amount in thousands,
except as noted)
|
|
|
|
|
|
|
|
As of December
31,
|
|
As of September
30,
|
|
2020
|
|
2021
|
|
RMB
|
|
RMB
|
|
US$
|
|
(Audited)
|
|
(Unaudited)
|
|
(Unaudited)
|
ASSETS
|
|
|
|
|
|
Current
assets
|
|
|
|
|
|
Cash and cash
equivalents
|
1,751,222
|
|
2,321,132
|
|
360,234
|
Restricted
Cash
|
-
|
|
87,235
|
|
13,539
|
Short-term
investments
|
12,878,176
|
|
16,862,459
|
|
2,617,013
|
Accounts receivable,
net
|
3,124,197
|
|
2,263,101
|
|
351,228
|
Amounts due from
related parties, current
|
47,303
|
|
44,624
|
|
6,926
|
Prepaid expenses and
other current assets
|
563,182
|
|
361,236
|
|
56,063
|
Total current
assets
|
18,364,080
|
|
21,939,787
|
|
3,405,003
|
Non-current
assets
|
|
|
|
|
|
Restricted cash,
non-current
|
17,926
|
|
5,200
|
|
807
|
Property and
equipment, net
|
410,081
|
|
410,756
|
|
63,748
|
Goodwill and
intangible assets, net
|
4,511,812
|
|
4,448,529
|
|
690,401
|
Long-term
investments
|
70,418
|
|
69,356
|
|
10,764
|
Deferred tax
assets
|
79,661
|
|
96,191
|
|
14,929
|
Other non-current
assets
|
276,867
|
|
196,586
|
|
30,510
|
Total non-current
assets
|
5,366,765
|
|
5,226,618
|
|
811,159
|
Total
assets
|
23,730,845
|
|
27,166,405
|
|
4,216,162
|
|
|
|
|
|
|
LIABILITIES AND
EQUITY
|
|
|
|
|
|
Current
liabilities
|
|
|
|
|
|
Accrued expenses and
other payables
|
2,577,709
|
|
1,739,412
|
|
269,953
|
Advance from
customers
|
127,235
|
|
114,520
|
|
17,773
|
Deferred
revenue
|
1,315,667
|
|
647,134
|
|
100,434
|
Income tax
payable
|
85,177
|
|
257,689
|
|
39,993
|
Amounts due to
related parties
|
79,895
|
|
32,445
|
|
5,035
|
Other current
liabilities
|
-
|
|
14,247
|
|
2,211
|
Total current
liabilities
|
4,185,683
|
|
2,805,447
|
|
435,399
|
Non-current
liabilities
|
|
|
|
|
|
Other
liabilities
|
104,861
|
|
47,937
|
|
7,441
|
Deferred tax
liabilities
|
631,509
|
|
594,082
|
|
92,200
|
Total non-current
liabilities
|
736,370
|
|
642,019
|
|
99,641
|
Total
liabilities
|
4,922,053
|
|
3,447,466
|
|
535,040
|
|
|
|
|
|
|
MEZZANINE
EQUITY
|
|
|
|
|
|
Convertible
redeemable noncontrolling interests
|
1,056,237
|
|
1,436,972
|
|
223,015
|
|
|
|
|
|
|
EQUITY
|
|
|
|
|
|
Total Autohome
Inc. shareholders' equity
|
17,625,734
|
|
22,556,366
|
|
3,500,693
|
Noncontrolling
interests
|
126,821
|
|
(274,399)
|
|
(42,586)
|
Total
equity
|
17,752,555
|
|
22,281,967
|
|
3,458,107
|
Total liabilities,
mezzanine equity and equity
|
23,730,845
|
|
27,166,405
|
|
4,216,162
|
View original
content:https://www.prnewswire.com/news-releases/autohome-inc-announces-unaudited-2021-third-quarter-financial-results-and-us200-million-share-repurchase-program-301427887.html
SOURCE Autohome Inc.