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6-K

Autohome Inc. (ATHM)

6-K 2022-08-03 For: 2022-08-03
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Added on April 11, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OFFOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2022

Commission File Number: 001-36222

Autohome Inc.

18th FloorTower B, CEC Plaza

3 Dan Ling Street

Haidian District, Beijing 100080

The People’s Republic of China

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F   ☒             Form 40-F   ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Exhibit Index

Exhibit 99.1 – Press Release

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Autohome Inc.
By : /s/ Quan Long
Name: Quan Long
Title : Chairman of the Board and Chief Executive Officer

Date: August 3, 2022

EX-99.1

Exhibit 99.1

LOGO

Autohome Inc. Announces Unaudited 2022 Second Quarter and Interim Financial Results

BEIJING, August 3, 2022 – 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 and six months ended June 30, 2022.

Second Quarter 2022 Highlights^1^

Net Revenues in the second quarter of 2022 were RMB1,733.0 million (US$258.7 million), compared to<br>RMB1,938.0 million in the corresponding period of 2021.
Net Income attributable to Autohome Inc. in the second quarter of 2022 was RMB435.0 million (US$64.9<br>million), compared to RMB754.9 million in the corresponding period of 2021, and net income attributable to ordinary shareholders in the second quarter of 2022 was RMB423.4 million (US$63.2 million), compared to RMB746.7 million<br>in the corresponding period of 2021.
--- ---
Adjusted Net Income attributable to Autohome Inc. (Non-GAAP)^2^ **** in the second quarter of 2022 was RMB472.2 million (US$70.5 million), compared to RMB795.4 million in the corresponding period of 2021.
--- ---
Share R epurchase : As of July 31, 2022, the Company has repurchased 1,883,906<br>American depositary shares (“ADSs”) for a total cost of approximately US$54.2 million.
--- ---

Mr. Quan Long, Chairman of the Board of Directors and Chief Executive Officer of Autohome, stated, “We are pleased to report a strong operational and financial performance in the second quarter of 2022. Though we faced a rather challenging environment due to the pandemic, Autohome still delivered another solid quarter, clearly demonstrating our business resilience and market-leading position. For users, we continued to promote our core IP strategy and differentiate our offerings to provide users with more choices and services, effectively expanding our user base as we further diversified content ecosystem. In June 2022, our aggregated average daily users grew by 8.1% year-over-year to 47.63 million, according to QuestMobile, setting a new record high and firmly maintaining our leading position in the auto vertical. For our customers, we proactively built new business operation models in response to the cancellation of local offline auto shows due to the pandemic’s resurgence. For example, we added VR functionality to our Intelligent Showroom, helping our customers to expand their user reach. We also normalized online auto shows, providing automakers a platform to promote their localized marketing information. In the first half of the year, we held more than 300 national and local online auto shows, covering over 70 million people throughout China. Moving ahead, we remain committed to enhancing our platform while accelerating new initiatives and deepening synergies with Ping An Group. We look forward to generating additional long-term value for our users, customers, shareholders and other stakeholders across our comprehensive auto search, purchase and use ecosystem.”

^1^ The reporting currency of the Company is Renminbi (“RMB”). For the convenience of readers, certain<br>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$1.00 to RMB6.6981 on June 30, 2022 in the City of New York for<br>cable transfers of RMB as certified for customs purposes by the Federal Reserve Bank of New York. No representation is made that the RMB amounts could have been, or could be, converted into US$ at such rate.
^2^ For more information on this and other non-GAAP financial measures,<br>please see the section captioned “Use of Non-GAAP Financial Measures” and the tables captioned “Reconciliations of Non-GAAP and GAAP Results” set<br>forth at the end of this release.
--- ---

1

Mr. Craig Yan Zeng, Chief Financial Officer of Autohome, added, “We sustained our strong recovery momentum in the second quarter of 2022 with revenues totaling RMB1.73 billion. Notably, the year-over-year revenue growth for our new energy vehicle (“NEV”) business once again significantly outpaced the market. Despite the pandemic, by leveraging our big data and technology capabilities, we enabled our dealer customers to realize contactless sales and marketing with our data products and services, leading to an increase in our product popularity. We are also glad to see that the number of our dealer customers for data products in the second quarter increased by 14% year-over-year while for the first half of this year, the average revenue per dealer store and the average number of data products adopted by each dealer store rose by 20% and 32% year-over-year, respectively, all exhibiting strong growth trends. Looking to the rest of 2022, with government stimulus packages for auto consumption taking effect and supported by our robust balance sheet and abundant cash on hand, we are confident that we are well-positioned to capture new opportunities in strategic areas that will contribute to Autohome’s future growth.”

Unaudited Second Quarter 2022 Financial Results

Net Revenues

Net revenues in the second quarter of 2022 were RMB1,733.0 million (US$258.7 million), compared to RMB1,938.0 million in the corresponding period of 2021.

Media services revenues were RMB530.6 million (US$79.2 million), compared to RMB599.8 million in<br>the corresponding period of 2021. The decline was attributable to the decrease in average revenue per automaker advertiser, which was primarily due to the impact of the COVID-19 pandemic on certain cities in<br>China in the first half of 2022.
Leads generation services revenues **** were RMB752.8 million (US$112.4 million), compared to<br>RMB744.0 million in the corresponding period of 2021.
--- ---
Online marketplace and others revenues were RMB449.6 million (US$67.1 million), compared to<br>RMB594.3 million in the corresponding period of 2021. The decrease was primarily attributable to the impact of the COVID-19 pandemic on certain cities in China in the first half of 2022.<br>
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Cost of Revenues

Cost of revenues was RMB278.9 million (US$41.6 million) in the second quarter of 2022, compared to RMB261.6 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 second quarter of 2022 was RMB1.3 million (US$0.2 million), compared to RMB5.1 million in the corresponding period of 2021.

Operating Expenses

Operating expenses were RMB1,227.5 million (US$183.3 million) in the second quarter of 2022, compared to RMB1,073.8 million in the corresponding period of 2021.

Sales and marketing expenses were RMB738.7 million (US$110.3 million) in the second quarter of 2022,<br>compared to RMB562.4 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<br>second quarter of 2022 was RMB5.4 million (US$0.8 million), compared to RMB10.8 million in the corresponding period of 2021.

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General and administrative expenses were RMB126.6 million (US$18.9 million) in the second quarter of<br>2022, compared to RMB176.8 million in the corresponding period of 2021. The decrease was primarily attributable to the reduction of expected credit losses. Share-based compensation expense included in general and administrative expenses in the<br>second quarter of 2022 was RMB10.1 million (US$1.5 million), compared to RMB10.2 million in the corresponding period of 2021.
Product development expenses were RMB362.2 million (US$54.1 million) in the second quarter of 2022,<br>compared to RMB334.7 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<br>development expenses in the second quarter of 2022 was RMB11.6 million (US$1.7 million), compared to RMB18.8 million in the corresponding period of 2021.
--- ---

Operating Profit

Operating profit was RMB301.3 million (US$45.0 million) in the second quarter of 2022, compared to RMB673.0 million in the corresponding period of 2021.

IncomeTax Expense

There was an income tax expense of RMB34.1 million (US$5.1 million) in the second quarter of 2022, compared to income tax expense of RMB70.2 million in the corresponding period of 2021. The decrease was primarily attributable to the lower profit before income tax.

Net Incomeattributable to Autohome Inc.

Net income attributable to Autohome Inc. was RMB435.0 million (US$64.9 million) in the second quarter of 2022, compared to RMB754.9 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 RMB423.4 million (US$63.2 million) in the second quarter of 2022, compared to RMB746.7 million in the corresponding period of 2021. Basic and diluted earnings per share (“EPS”) were RMB0.85 (US$0.13) and RMB0.84 (US$0.13), respectively, in the second quarter of 2022, as compared to basic and diluted EPS of RMB1.48 and RMB1.48, respectively, in the corresponding period of 2021. Basic and diluted earnings per ADS were RMB3.38 (US$0.50) and RMB3.38 (US$0.50), respectively, in the second quarter of 2022 as compared to basic and diluted earnings per ADS of RMB5.92 and RMB5.91, respectively, in the corresponding period of 2021.

Adjusted Net Income attributable to Autohome Inc. (Non-GAAP) and Non-GAAP Earnings per Share/ADS

Adjusted net income attributable to Autohome Inc. (Non-GAAP) was RMB472.2 million (US$70.5 million) in the second quarter of 2022, compared to RMB795.4 million in the corresponding period of 2021. Non-GAAP basic and diluted EPS were RMB0.94 (US$0.14) and RMB0.94 (US$0.14), respectively, in the second quarter of 2022 as compared to non-GAAP basic and diluted EPS of RMB1.58 and RMB1.57, respectively, in the corresponding period of 2021. Non-GAAP basic and diluted earnings per ADS were RMB3.77 (US$0.56) and RMB3.77 (US$0.56), respectively, in the second quarter of 2022, compared to non-GAAP basic and diluted earnings per ADS of RMB6.31 and RMB6.30, respectively, in the corresponding period of 2021.

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Balance Sheet and Cash Flow

As of June 30, 2022, the Company had cash and cash equivalents and short-term investments of RMB20.94 billion (US$3,125.8 million). Net cash provided by operating activities in the second quarter of 2022 was RMB488.3 million (US$72.9 million).

Employees

The Company had 5,631 employees as of June 30, 2022, including 2,075 employees from TTP Car, Inc. (“TTP”).

Conference Call Information

The Company will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, August 3, 2022 (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: 41836568#

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 August 10, 2022:

United States: +1-646-982-0473
International: +61-2-8325-2405
Passcode: 520002963#

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.

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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 earnings 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, amortization of intangible assets resulting from business acquisition, certain noncontrolling interests adjustments for TTP (starting in the first quarter of 2021 for the first time, which included interest income related to convertible bond investment to TTP that is eliminated in consolidation), investment loss relating to non-operating impact of a write-down of the initial investment in a financial product, (gain)/loss pickup of equity method investments, and impairment of long-term 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 Inc. 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 Inc. divided by the basic and diluted weighted average number of ADSs. 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 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.

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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

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AUTOHOME INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS DATA

(Amount in thousands, except per share / per ADS data)

For three months ended June 30, For six months ended June 30,
2021 2022 2021 2022
RMB RMB US RMB RMB US
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited)
Net revenues:
Media services 599,812 530,561 1,204,636 797,363
Leads generation services 743,953 752,813 1,441,587 1,461,017
Online marketplace and others 594,278 449,619 1,133,401 945,905
Total net revenues **** 1,938,043 **** **** 1,732,993 **** **** **** 3,779,624 **** **** 3,204,285 **** ****
Cost of revenues (261,587 ) (278,864 ) ) (504,710 ) (533,881 ) )
Gross profit **** 1,676,456 **** **** 1,454,129 **** **** **** 3,274,914 **** **** 2,670,404 **** ****
Operating expenses:
Sales and marketing expenses (562,362 ) (738,729 ) ) (1,244,995 ) (1,330,983 ) )
General and administrative expenses (176,782 ) (126,616 ) ) (305,407 ) (263,178 ) )
Product development expenses (334,662 ) (362,194 ) ) (639,213 ) (717,441 ) )
Total operating expenses **** (1,073,806 ) **** (1,227,539 ) ) **** (2,189,615 ) **** (2,311,602 ) )
Other operating income, net 70,337 74,661 154,322 183,685
Operating profit **** 672,987 **** **** 301,251 **** **** **** 1,239,621 **** **** 542,487 **** ****
Interest and investment income, net 138,859 149,398 268,562 240,166
Gain/(loss) from equity method investments, net (763 ) 5,882 (960 ) (20,347 ) )
Income before income taxes **** 811,083 **** **** 456,531 **** **** **** 1,507,223 **** **** 762,306 **** ****
Income tax expense (70,216 ) (34,108 ) ) (135,249 ) (42,148 ) )
Net income **** 740,867 **** **** 422,423 **** **** **** 1,371,974 **** **** 720,158 **** ****
Net loss attributable to noncontrolling interests 14,073 12,593 87,255 33,106
Net income attributable to Autohome Inc. **** 754,940 **** **** 435,016 **** **** **** 1,459,229 **** **** 753,264 **** ****
Accretion of mezzanine equity (29,218 ) (33,383 ) ) (356,291 ) (64,259 ) )
Accretion attributable to noncontrolling interests 20,984 21,743 277,567 41,861
Net income attributable to ordinary shareholders **** 746,706 **** **** 423,376 **** **** **** 1,380,505 **** **** 730,866 **** ****
Earnings per share for ordinary share
Basic 1.48 0.85 2.79 1.45
Diluted 1.48 0.84 2.79 1.45
Earnings per ADS attributable to ordinary shareholders (one ADS equals for four ordinaryshares)
Basic 5.92 3.38 11.18 5.82
Diluted 5.91 3.38 11.15 5.81
Weighted average shares used to compute earnings per share attributable to ordinaryshareholders:
Basic 504,293,912 500,676,420 493,953,692 502,552,188
Diluted 505,183,728 501,112,704 495,253,000 502,882,428

All values are in US Dollars.

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AUTOHOME INC.

RECONCILIATION OF NON-GAAP AND GAAP RESULTS

(Amount in thousands, except per share / per ADS data)

For three months ended June 30, For six months ended June 30,
2021 2022 2021 2022
RMB RMB US RMB RMB US
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited)
Net income attributable to Autohome Inc. **** 754,940 **** **** 435,016 **** **** **** 1,459,229 **** **** 753,264 **** ****
Plus: income tax expense 72,198 35,448 137,231 44,829
Plus: depreciation of property and equipment 53,816 57,596 104,510 114,824
Plus: amortization of intangible assets 8,307 10,837 11,276 21,674
EBITDA **** 889,261 **** **** 538,897 **** **** **** 1,712,246 **** **** 934,591 **** ****
Plus: share-based compensation <br>expenses 44,966 28,396 98,803 69,257
Adjusted EBITDA **** 934,227 **** **** 567,293 **** **** **** 1,811,049 **** **** 1,003,848 **** ****
Net income attributable to Autohome Inc. **** 754,940 **** **** 435,016 **** **** **** 1,459,229 **** **** 753,264 **** ****
Plus: amortization of intangible assets resulting from business acquisition 6,444 10,722 7,583 21,444
Plus: share-based compensation expenses 44,966 28,396 98,803 69,257
Plus: investment loss arising from one of financial products^3^ 4,021 58,441
Plus: (gain)/loss on equity method investments, net 763 (5,882 ) ) 960 20,347
Plus: certain noncontrolling interests adjustments for TTP (10,826 ) (35,196 )
Plus: impairment of long-term investments 1,696 1,696
Plus: tax effects of the adjustments (931 ) (1,746 ) ) (968 ) (14,693 ) )
Adjusted net income attributable to Autohome Inc. **** 795,356 **** **** 472,223 **** **** **** 1,530,411 **** **** 909,756 **** ****
Net income attributable to Autohome Inc. **** 754,940 **** **** 435,016 **** **** **** 1,459,229 **** **** 753,264 **** ****
Net margin 39.0 % 25.1 % % 38.6 % 23.5 % %
Adjusted net income attributable to Autohome Inc. **** 795,356 **** **** 472,223 **** **** **** 1,530,411 **** **** 909,756 **** ****
Adjusted net margin 41.0 % 27.2 % % 40.5 % 28.4 % %
Non-GAAP earnings per share
Basic 1.58 0.94 3.10 1.81
Diluted 1.57 0.94 3.09 1.81
Non-GAAP earnings per ADS (one ADS equals for fourordinary shares)
Basic 6.31 3.77 12.39 7.24
Diluted 6.30 3.77 12.36 7.24
Weighted average shares used to compute non-GAAPearnings per share:
Basic 504,293,912 500,676,420 493,953,692 502,552,188
Diluted 505,183,728 501,112,704 495,253,000 502,882,428

All values are in US Dollars.

^3^ It represented the investment loss of an overdue financial product in the second quarter and first half of<br>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.

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AUTOHOME INC.

CONDENSED CONSOLIDATED BALANCE SHEET

(Amount in thousands, except as noted)

As of<br>December 31, As of June 30,
2021 2022
RMB RMB US
(Audited) (Unaudited) (Unaudited)
ASSETS
Current assets
Cash and cash equivalents 4,236,501 3,851,719
Restricted Cash 89,855 9,175
Short-term investments 16,496,267 17,085,149
Accounts receivable, net 2,139,471 1,444,055
Amounts due from related parties, current 83,376 45,529
Prepaid expenses and other current assets 280,248 431,000
Total current assets **** 23,325,718 **** **** 22,866,627 **** ****
Non-current assets
Restricted cash, non-current 5,200 5,200
Property and equipment, net 381,496 305,036
Goodwill and intangible assets, net 4,428,822 4,389,280
Long-term investments 70,720 448,677
Deferred tax assets 176,138 173,414
Amounts due from related parties, non-current 7,529 14,182
Other non-current assets 133,383 151,367
Total non-current assets **** 5,203,288 **** **** 5,487,156 **** ****
Total assets **** 28,529,006 **** **** 28,353,783 **** ****
LIABILITIES AND EQUITY
Current liabilities
Accrued expenses and other payables 2,044,597 1,962,191
Advance from customers 123,370 97,537
Deferred revenue 1,553,013 1,274,556
Income tax payable 233,342 163,922
Amounts due to related parties 31,897 26,838
Total current liabilities **** 3,986,219 **** **** 3,525,044 **** ****
Non-current liabilities
Other liabilities 28,619 52,300
Deferred tax liabilities 576,798 518,548
Total non-current liabilities **** 605,417 **** **** 570,848 **** ****
Total liabilities **** 4,591,636 **** **** 4,095,892 **** ****
MEZZANINE EQUITY
Convertible redeemable noncontrolling interests **** 1,468,029 **** **** 1,532,287 **** ****
EQUITY
Total Autohome Inc. shareholders’ equity **** 22,754,419 **** **** 23,085,878 **** ****
Noncontrolling interests (285,078 ) (360,274 ) )
Total equity **** 22,469,341 **** **** 22,725,604 **** ****
Total liabilities, mezzanine equity and equity **** 28,529,006 **** **** 28,353,783 **** ****

All values are in US Dollars.

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