Earnings release
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汽车 之 家 AUTOHOME INC . BEIJING , August 25 , 2021 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 , 2021 . Autohome Inc. Announces Unaudited 2021 Second Quarter and Interim Financial Results Second Quarter 2021 Highlights¹ Net Revenues in the second quarter of 2021 were RMB1,938.0 million ( $ 300.2 million ) , compared to RMB2,313.3 million in the corresponding period of 2020 . ● ● Online Marketplace and Others Revenues in the second quarter of 2021 were RMB594.3 million ( $ 92.0 million ) , an increase of 10.0 % year - over - year . Data Products delivered revenue growth of 47.1 % year - over - year in the second quarter of 2021 . Net income attributable to Ordinary Shareholders in the second quarter of 2021 was RMB746.7 million ( $ 115.7 million ) , compared to RMB824.5 million in the corresponding period of 2020 and net income attributable to Autohome Inc. in the second quarter of 2021 was RMB754.9 million ( $ 116.9 million ) , compared to RMB824.5 million in the corresponding period of 2020 . Adjusted Net Income attributable to Autohome Inc. ( Non - GAAP ) 2 in the second quarter of 2021 was RMB790.2 million ( $ 122.4 million ) , compared to RMB881.0 million in the corresponding period of 2020 . Mr. Quan Long , Chairman of the Board of Directors and Chief Executive Officer of Autohome , stated , " We're pleased with the improving metrics across our new initiatives in the second quarter , along with margin expansion . Specifically , revenues from our new initiatives increased 10.0 % year - over - year and contributed 30.7 % to total revenues , compared with 23.4 % in the same period of 2020. Our data products maintained its strong growth momentum , generating a revenue increase of 54.7 % year - over year in the first half of the year , thanks to the higher contribution from OEM data products . We are excited to report that with steady operating efficiency improvements , TTP , our online used car auction business , broke even at the operating level for the first time in June , a significant milestone for us . We also made further progress in our cooperation with new energy vehicle ( " NEV ” ) automakers . During the second quarter , revenues from NEV brands jumped 238 % year - over - year . Adjusted net margin continued to expand to 40.8 % , up 2.7 percentage points year - over - year . " Mr. Long added , " We maintained our leading position in auto media vertical in terms of traffic , with mobile daily active users increasing 16.1 % year - over - year . We're also exploring new business areas to capture greater market opportunities . We plan to announce our strategic upgrading plans in detail at our upcoming Investor Day on September 15th . Looking ahead , with our strong balance sheet and 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 RMB6.4566 on June 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 . 1