Financial Performance - For Q3 2022, Autohome Inc. reported total net revenue of RMB 1,843.3 million (USD 259.1 million), a year-over-year increase of 4.5% from RMB 1,763.8 million[3]. - The net profit attributable to Autohome for Q3 2022 was RMB 507.8 million (USD 71.4 million), compared to RMB 521.7 million in the same period last year[3]. - Adjusted net profit for Q3 2022 was RMB 590.0 million (USD 82.9 million), slightly up from RMB 583.3 million year-over-year[3]. - The company's operating profit decreased to RMB 191,746 thousand in Q3 2022, down 47.5% from RMB 365,084 thousand in Q3 2021[18]. - Net profit attributable to Autohome was RMB 507,844 thousand in Q3 2022, a slight decrease of 2.5% compared to RMB 521,720 thousand in Q3 2021[18]. - Adjusted EBITDA for Q3 2022 was RMB 441,208 thousand, down 33.4% from RMB 661,998 thousand in Q3 2021[20]. - The net profit margin for Q3 2022 was 27.6%, compared to 29.6% in Q3 2021[20]. - Basic earnings per share for ordinary shares in Q3 2022 was RMB 0.99, a decrease from RMB 1.01 in Q3 2021[18]. Revenue Breakdown - Media services revenue for Q3 2022 reached RMB 555.7 million (USD 78.1 million), a significant increase of 28% compared to RMB 434.1 million in the previous year[5]. - Lead generation service revenue was RMB 809.1 million (USD 113.7 million), up from RMB 768.4 million year-over-year, driven by increased average revenue per dealer[5]. - Media services revenue in Q3 2022 was RMB 555.7 million (USD 78.1 million), up 28% year-on-year from RMB 434.1 million, driven by increased advertising spending from automakers[27]. - Lead generation service revenue for Q3 2022 was RMB 809.1 million (USD 113.7 million), a year-on-year increase from RMB 768.4 million, attributed to higher average revenue per dealer[27]. Operating Costs and Expenses - Operating costs for Q3 2022 were RMB 330.7 million (USD 46.5 million), an increase from RMB 281.2 million in the same quarter last year, primarily due to ongoing content investments[6]. - Total operating expenses for Q3 2022 amounted to RMB 1,385.8 million (USD 194.8 million), up from RMB 1,187.0 million year-over-year[7]. - Operating expenses increased to RMB 1,385,759 thousand in Q3 2022, up 16.7% from RMB 1,186,973 thousand in Q3 2021[18]. Cash Flow and Assets - As of September 30, 2022, the total cash and cash equivalents, along with short-term investments, amounted to RMB 21.34 billion (USD 2,999.4 million)[11]. - The net cash flow from operating activities in Q3 2022 was RMB 540.7 million (USD 76.0 million)[11]. - As of September 30, 2022, total assets amounted to RMB 28,775.9 million (USD 4,045.3 million), compared to RMB 28,529.0 million at the end of 2021[22]. - Total liabilities decreased to RMB 3,966.4 million (USD 557.6 million) as of September 30, 2022, from RMB 4,591.6 million at the end of 2021[22]. - The total equity attributable to Autohome shareholders increased to RMB 23,623.7 million (USD 3,320.9 million) as of September 30, 2022, from RMB 22,754.4 million at the end of 2021[22]. - Autohome's cash and cash equivalents stood at RMB 4,900.3 million (USD 688.9 million) as of September 30, 2022, compared to RMB 4,236.5 million at the end of 2021[21]. User Engagement - Daily active users in September 2022 grew by 13.4% year-over-year to 49.56 million, marking the fifth consecutive month of accelerated growth[4]. - The company plans to continue enhancing user experience through technological innovations and expanding its new retail offline experience stores[26]. Employee and Corporate Information - The total number of employees as of September 30, 2022, was 5,518, including 2,086 employees from Tian Tian Pai Che[12]. - Autohome Inc. is a leading online service platform for automotive consumers in China, providing a wide range of services including original content, data analysis, and marketing services[13]. - The company plans to hold an earnings conference call on November 3, 2022, at 8:00 AM ET[12]. Stock Repurchase Plan - The company has extended its stock repurchase plan for an additional 12 months, allowing for the repurchase of up to USD 200 million of American Depositary Shares[4]. - The company announced an extension of its stock repurchase plan for an additional 12 months until November 17, 2023[23]. Non-GAAP Financial Measures - The company highlighted the importance of non-GAAP financial measures for assessing operational performance, despite their limitations[18]. - Adjusted net profit and adjusted EBITDA are key non-GAAP financial indicators used by the management to evaluate the company's performance[38]. - Autohome Inc. believes that these non-GAAP financial metrics are crucial for helping investors understand the company's operational and financial performance[38].
汽车之家-S(02518) - 2022 Q3 - 季度财报