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 OFNON-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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