BEIJING, Aug. 25, 2016 /PRNewswire/ -- Leju Holdings
Limited ("Leju" or the "Company") (NYSE: LEJU), a leading online-to-offline ("O2O") real estate services provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2016.
Second Quarter 2016 Financial Highlights
- Total revenues increased slightly to $158.3 million
- Revenues from e-commerce services increased by 1% year-on-year to $118.2 million
- Revenues from online advertising services decreased by 2% year-on-year to $34.4
million
- Revenues from listing services increased by 9% year-on-year to $5.7 million
- Non-GAAP[1] income from operations decreased by 21% year-on-year to $16.5 million
- Non-GAAP net income attributable to Leju shareholders decreased by 11% year-on-year to $15.2
million, or $0.11 per diluted American depositary share ("ADS")
[1]
|
Leju uses in this press release the following non-GAAP financial measures:
(1) income (loss) from operations, (2) net income (loss), (3) net income (loss) attributable to Leju shareholders, (4)
net income (loss) attributable to Leju shareholders per basic ADS, and (5) net income (loss) attributable to Leju
shareholders per diluted ADS, each of which excludes share-based compensation expense and amortization of intangible
assets resulting from business acquisitions. See "About Non-GAAP Financial Measures" and "Unaudited Reconciliation of
GAAP and Non-GAAP Results" below for more information about the non-GAAP financial measures included in this press
release.
|
First Half 2016 Financial Highlights
- Total revenues increased by 8% year-on-year to $271.3 million
- Revenues from e-commerce services increased by 11% year-on-year to $204.3 million
- Revenues from online advertising services decreased by 3% year-on-year to $56.2
million
- Revenues from listing services increased by 19% year-on-year to $10.8 million
- Non-GAAP income from operations decreased by 56% year-on-year to $9.2 million
- Non-GAAP net income attributable to Leju shareholders decreased by 45% year-on-year to $9.9
million, or $0.07 per diluted ADS
"Leju remained focused on being a leading provider of marketing solutions to developers and consumers in the real estate space
in 2016," said Mr. Geoffrey He, Leju's chief executive officer. "During the second quarter of
2016, we retained our position as a leader in media marketing and e-commerce services in the primary market through product
innovation and expanded partnerships. Our secondary listing business and home furnishing business continued steady growth with
our home furnishing advertising business widening its market leadership. Our investment into the contractor platform Qiang Gong
Zhang (7gz.com) continued to build positive growth momentum. We plan to execute on our strategies across our three business lines
to achieve long-term success as a leading O2O services platform."
Second Quarter 2016 Results
Total revenues were $158.3 million, relatively flat compared to $157.8 million for the same quarter of 2015.
Revenues from e-commerce services were $118.2 million, an increase of 1% from
$117.4 million for the same quarter of 2015, primarily due to an increase in the average price per
discount coupon redeemed, partially offset by the decrease in the number of discount coupons redeemed.
Revenues from online advertising services were $34.4 million, a decrease of 2%
from $35.2 million for the same quarter of 2015, primarily due to a decrease in property
developers' online advertising demand.
Revenues from listing services were $5.7 million, an increase of 9% from
$5.2 million for the same quarter of 2015, primarily due to growth in secondary home sales.
Cost of revenues was $14.6 million, a decrease of 7% from $15.7 million for the same quarter of 2015, primarily due to decreased amortization of intangible assets
consisting of exclusive rights that expired in December 2015.
Selling, general and administrative expenses were $134.3 million, an increase
of 5% from $127.5 million for the same quarter of 2015, primarily due to increased marketing
expenses related to the Company's e-commerce business as a result of its efforts to maintain its market share in the increasingly
competitive market as well as increased marketing expenses related to the promotion of the Company's listing business and home
furnishing business.
Income from operations was $10.1 million, a decrease of 33% from $15.0 million for the same quarter of 2015. Non-GAAP income from operations was $16.5 million, a decrease of 21% from $21.0 million for the same quarter of
2015.
Net income was $8.6 million, a decrease of 26% from $11.6 million for the same quarter of 2015. Non-GAAP net income was $14.3 million, a decrease of 15% from $16.9 million for the same quarter of
2015.
Net income attributable to Leju shareholders was $9.5
million, or $0.07 per diluted ADS, a decrease of 20% from $11.8
million, or $0.09 per diluted ADS, for the same quarter of 2015. Non-GAAP net
income attributable to Leju shareholders was $15.2 million, or $0.11 per diluted ADS, a decrease of 11% from $17.1 million, or $0.12 per diluted ADS, for the same quarter of 2015.
First Half 2016 Results
Total revenues were $271.3 million, an increase of 8% from $251.2 million for the same period of 2015, mainly driven by growth of revenues from e-commerce services and
listing services, partially offset by the decrease of online advertising services.
Revenues from e-commerce services were $204.3 million, an increase of 11% from
$184.4 million for the same period of 2015, primarily due to an increase in the average price per
discount coupon redeemed.
Revenues from online advertising services were $56.2 million, a decrease of 3%
from $57.8 million for the same period of 2015, primarily due to a decrease in property developers'
online advertising demand.
Revenues from listing services were $10.8 million, an increase of 19% from
$9.0 million for the same period of 2015, primarily due to the growth in secondary home sales.
Cost of revenues was $28.2 million, a decrease of 8% from $30.5 million for the same period of 2015, primarily due to decreased amortization of intangible assets
consisting of exclusive rights that expired in December 2015.
Selling, general and administrative expenses were $247.6 million, an increase
of 16% from $213.7 million for the same period of 2015, primarily due to increased marketing
expenses related to the growth of the Company's e-commerce business as a result of its efforts to maintain its market share in
the increasingly competitive market as well as increased marketing expenses related to the promotion of the Company's listing
business and home furnishing business.
Loss from operations was $3.7 million, compared to income from operations of
$7.5 million for the same period of 2015. Non-GAAP income from operations was
$9.2 million, a decrease of 56% from $20.7 million for the same
period of 2015.
Net loss was $2.4 million, compared to net income of $6.2 million for the same period of 2015. Non-GAAP net income was $8.9
million, a decrease of 50% from $17.8 million for the same period of 2015.
Net loss attributable to Leju shareholders was $1.4 million,
or $0.01 loss per diluted ADS, compared to net income attributable to Leju shareholders of
$6.5 million, or $0.05 per diluted ADS, for the same period of 2015.
Non-GAAP net income attributable to Leju shareholders was $9.9 million, or
$0.07 per diluted ADS, a decrease of 45% from $18.1 million, or
$0.13 per diluted ADS, for the same period of 2015.
Cash Flow
As of June 30, 2016, the Company's cash and cash equivalents balance was
$272.2 million.
Second quarter 2016 net cash provided by operating activities was $23.5
million, mainly attributable to non-GAAP net income of $14.3 million, a decrease in customer
deposits of $6.0 million, an increase in other current liabilities of $8.1
million, and an increase in accrued payable and welfare expenses of $3.0 million, which were
partially offset by an increase in accounts receivable of $7.2 million. Net cash used
in investing activities was $2.0 million, mainly comprised of a payment of $2.0 million for property and equipment. Net cash used in financing activities was
$3.5 million, and mainly comprised of a payment of $3.6 million to
acquire non-controlling interests, which were made in 2014.
Business Outlook
The Company maintains its fiscal 2016 total revenue guidance of approximately $660 million to $690
million, which would represent an increase of approximately 15% to 20% from $575.8 million
in 2015. This forecast reflects the Company's current and preliminary view, which is subject to change.
Conference Call Information
Leju's management will host an earnings conference call on August 25, 2016 at 7 a.m. U.S. Eastern Time (7 p.m. Beijing/Hong Kong time).
Dial-in details for the earnings conference call are as follows:
U.S./International:
|
+1-855-298-3404
|
Hong Kong:
|
+852-5808-3202
|
Mainland China:
|
+400-120-0539
|
Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call. The passcode is
"Leju earnings call."
A replay of the conference call may be accessed by phone at the following number until September 1,
2016:
U.S./International:
|
+1-866-846-0868
|
Hong Kong:
|
+ 800-966-697
|
Mainland China:
|
+ 400-184-2240
|
Passcode:
|
8558568
|
Additionally, a live and archived webcast will be available at http://ir.leju.com.
About Leju
Leju Holdings Limited ("Leju") (NYSE: LEJU) is a leading online-to-offline, or O2O, real estate services provider in
China, offering real estate e-commerce, online advertising and online listing services. Leju's
integrated online platform comprises various mobile applications along with local websites covering more than 370 cities,
enhanced by complementary offline services to facilitate residential property transactions. In addition to the Company's own
websites, Leju operates the real estate and home furnishing websites of SINA Corporation, and maintains a strategic
partnership with Tencent Holdings Limited. For more information about Leju, please visit
http://ir.leju.com.
Safe Harbor: Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended, and as defined in 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," "target," "going forward," "outlook" and similar statements. Leju may also make written or oral forward-looking
statements in its reports filed or furnished with the U.S. Securities and Exchange Commission, 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 Leju's beliefs and expectations, are
forward-looking statements that involve inherent risks and uncertainties. A number of important factors could cause actual
results to differ materially from those contained, either expressly or impliedly, in any of the forward-looking statements. Such
factors include, but are not limited to, fluctuations in China's real estate market; the highly regulated nature of,
and government measures affecting, the real estate and internet industries in China; Leju's ability to compete successfully
against current and future competitors; its ability to continue to develop and expand its content, service offerings and
features, and to develop or incorporate the technologies that support them; its limited operating history and lack of experience
as a stand-alone public company, given its recent carve-out from E-House and prior reliance on E-House for various corporate
services; its reliance on SINA, Baidu and others with which it has developed, or may develop in the future, strategic
partnerships; substantial revenue contribution from a limited number of real estate markets; complexities resulting from its
ongoing relationships with E-House, due to E-House's controlling interest in Leju; and relevant government policies and
regulations relating to the corporate structure, business and industry of Leju. Further information regarding these and other
risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All
information provided in this press release is current as of the date of the press release, and the Company does not undertake any
obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required
under applicable law.
About Non-GAAP Financial Measures
To supplement Leju's consolidated financial results presented in accordance with United States Generally Accepted Accounting
Principles ("GAAP"), Leju uses in this press release the following non-GAAP financial measures: (1) income (loss) from
operations, (2) net income (loss), (3) net income (loss) attributable to Leju shareholders, (4) net income (loss) attributable to
Leju shareholders per basic ADS, and (5) net income (loss) attributable to Leju shareholders per diluted ADS, each of which
excludes share-based compensation expense and amortization of intangible assets resulting from business acquisitions. The
presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the
financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures,
please see the table captioned "Unaudited Reconciliation of GAAP and Non-GAAP Results" set forth at the end of this press
release.
Leju believes that these non-GAAP financial measures provide meaningful supplemental information to investors regarding its
operating performance by excluding share-based compensation expense, and amortization of intangible assets resulting from
business acquisitions, which may not be indicative of Leju's operating performance. These non-GAAP financial measures also
facilitate management's internal comparisons to Leju's historical performance and assist its financial and operational decision
making. A limitation of using these non-GAAP financial measures is that share-based compensation expense and amortization of
intangible assets resulting from business acquisitions may continue to exist in Leju's business for the foreseeable future.
Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each
non-GAAP measure. The accompanying tables provide more details on the reconciliation between non-GAAP financial measures and
their most comparable GAAP financial measures.
For investor and media inquiries please contact:
Ms. Annie Huang
Leju Holdings Limited
Phone: +86 (10) 5895-1062
E-mail: ir@leju.com
LEJU HOLDINGS LIMITED
|
|
|
UNAUDITED CONSOLIDATED BALANCE SHEETS
|
|
|
(In thousands of U.S. dollars)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31,
|
|
|
|
June 30,
|
|
|
|
|
|
|
2015
|
|
|
|
2016
|
|
|
ASSETS
|
|
|
|
|
|
|
|
|
|
|
Current assets
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents
|
|
|
|
260,296
|
|
|
|
272,188
|
|
|
Accounts receivable, net
|
|
|
|
113,991
|
|
|
|
106,968
|
|
|
Marketable securities
|
|
|
|
—
|
|
|
|
2,100
|
|
|
Deferred tax assets, net
|
|
|
|
31,074
|
|
|
|
30,421
|
|
|
Prepaid expenses and other current assets
|
|
|
|
20,881
|
|
|
|
17,890
|
|
|
Customer deposits
|
|
|
|
58,833
|
|
|
|
43,568
|
|
|
Amounts due from related parties
|
|
|
|
9
|
|
|
|
1,741
|
|
|
Total current assets
|
|
|
|
485,084
|
|
|
|
474,876
|
|
|
Property and equipment, net
|
|
|
|
6,801
|
|
|
|
7,192
|
|
|
Intangible assets, net
|
|
|
|
90,737
|
|
|
|
84,553
|
|
|
Investment in affiliates
|
|
|
|
669
|
|
|
|
520
|
|
|
Goodwill
|
|
|
|
39,807
|
|
|
|
39,551
|
|
|
Other non-current assets
|
|
|
|
3,740
|
|
|
|
3,910
|
|
|
Total assets
|
|
|
|
626,838
|
|
|
|
610,602
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LIABILITIES AND EQUITY
|
|
|
|
|
|
|
|
|
|
|
Current liabilities
|
|
|
|
|
|
|
|
|
|
|
Accounts payable
|
|
|
|
327
|
|
|
|
1,961
|
|
|
Accrued payroll and welfare expenses
|
|
|
|
45,692
|
|
|
|
39,046
|
|
|
Income tax payable
|
|
|
|
66,815
|
|
|
|
56,092
|
|
|
Other tax payable
|
|
|
|
31,930
|
|
|
|
26,747
|
|
|
Amounts due to related parties
|
|
|
|
10,214
|
|
|
|
7,481
|
|
|
Advance from customers and deferred revenue
|
|
|
|
5,703
|
|
|
|
7,789
|
|
|
Accrued marketing and advertising expenses
|
|
|
|
3,915
|
|
|
|
15,328
|
|
|
Consideration payable of acquiring non-controlling interest
|
|
|
|
7,339
|
|
|
|
272
|
|
|
Other current liabilities
|
|
|
|
7,672
|
|
|
|
10,258
|
|
|
Total current liabilities
|
|
|
|
179,607
|
|
|
|
164,974
|
|
|
Deferred tax liabilities
|
|
|
|
22,998
|
|
|
|
22,520
|
|
|
Total liabilities
|
|
|
|
202,605
|
|
|
|
187,494
|
|
|
Equity
|
|
|
|
|
|
|
|
|
|
|
Ordinary shares ($0.001 par value): 500,000,000 shares authorized,
134,930,870 and 135,264,294 shares issued and outstanding, as of December 31, 2015 and June 30, 2016,
respectively
|
|
|
|
135
|
|
|
|
135
|
|
|
Additional paid-in capital
|
|
|
|
773,766
|
|
|
|
779,559
|
|
|
Accumulated deficit
|
|
|
|
(343,658)
|
|
|
|
(345,646)
|
|
|
Subscription receivables
|
|
|
|
(9)
|
|
|
|
—
|
|
|
Accumulated other comprehensive income
|
|
|
|
(5,522)
|
|
|
|
(9,308)
|
|
|
Total Leju equity
|
|
|
|
424,712
|
|
|
|
424,740
|
|
|
Non-controlling interests
|
|
|
|
(479)
|
|
|
|
(1,632)
|
|
|
Total equity
|
|
|
|
424,233
|
|
|
|
423,108
|
|
|
TOTAL LIABILITIES AND EQUITY
|
|
|
|
626,838
|
|
|
|
610,602
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LEJU HOLDINGS LIMITED
|
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
|
(In thousands of U.S. dollars, except share data and per share
data)
|
|
|
|
|
|
|
|
Three months ended
|
|
Six months ended
|
|
|
June 30,
|
|
June 30,
|
|
|
2015
|
|
2016
|
|
2015
|
|
2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
E-commerce
|
|
|
117,363
|
|
|
|
118,219
|
|
|
|
184,419
|
|
|
|
204,307
|
Online advertising services
|
|
|
35,244
|
|
|
|
34,433
|
|
|
|
57,786
|
|
|
|
56,214
|
Listing services
|
|
|
5,199
|
|
|
|
5,671
|
|
|
|
9,032
|
|
|
|
10,790
|
Total revenues
|
|
|
157,806
|
|
|
|
158,323
|
|
|
|
251,237
|
|
|
|
271,311
|
Cost of revenues
|
|
|
(15,662)
|
|
|
|
(14,639)
|
|
|
|
(30,526)
|
|
|
|
(28,236)
|
Selling, general and administrative expenses
|
|
|
(127,457)
|
|
|
|
(134,298)
|
|
|
|
(213,736)
|
|
|
|
(247,610)
|
Other operating income
|
|
|
287
|
|
|
|
708
|
|
|
|
511
|
|
|
|
810
|
Income (loss) from operations
|
|
|
14,974
|
|
|
|
10,094
|
|
|
|
7,486
|
|
|
|
(3,725)
|
Investment income (loss)
|
|
|
—
|
|
|
|
3
|
|
|
|
—
|
|
|
|
(190)
|
Interest income
|
|
|
254
|
|
|
|
330
|
|
|
|
643
|
|
|
|
552
|
Other income (expenses), net
|
|
|
(38)
|
|
|
|
516
|
|
|
|
141
|
|
|
|
501
|
Income (loss)before taxes and equity in affiliates
|
|
|
15,190
|
|
|
|
10,943
|
|
|
|
8,270
|
|
|
|
(2,862)
|
Income tax (expense) benefit
|
|
|
(3,484)
|
|
|
|
(2,223)
|
|
|
|
(1,943)
|
|
|
|
581
|
Income (loss) before equity in affiliates
|
|
|
11,706
|
|
|
|
8,720
|
|
|
|
6,327
|
|
|
|
(2,281)
|
Loss from equity in affiliates
|
|
|
(77)
|
|
|
|
(76)
|
|
|
|
(155)
|
|
|
|
(136)
|
Net income (loss)
|
|
|
11,629
|
|
|
|
8,644
|
|
|
|
6,172
|
|
|
|
(2,417)
|
Less: net loss attributable to non-controlling interests
|
|
|
(217)
|
|
|
|
(884)
|
|
|
|
(351)
|
|
|
|
(981)
|
Net income (loss) attributable to Leju shareholders
|
|
|
11,846
|
|
|
|
9,528
|
|
|
|
6,523
|
|
|
|
(1,436)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings (loss) per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
|
|
0.09
|
|
|
|
0.07
|
|
|
|
0.05
|
|
|
|
(0.01)
|
Diluted
|
|
|
0.09
|
|
|
|
0.07
|
|
|
|
0.05
|
|
|
|
(0.01)
|
Shares used in computation:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
|
|
134,574,518
|
|
|
|
135,259,389
|
|
|
|
134,341,261
|
|
|
|
135,117,867
|
Diluted
|
|
|
136,996,405
|
|
|
|
135,366,778
|
|
|
|
136,942,190
|
|
|
|
135,117,867
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note 1
|
The conversion of Renminbi ("RMB") amounts into USD amounts is based on the
rate of USD1 = RMB6.6312 on June 30, 2016 and USD1 = RMB6.5617 for the six months ended June 30, 2016
|
LEJU HOLDINGS LIMITED
|
UNAUDITED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
|
(In thousands of U.S. dollars)
|
|
|
|
Three months ended
|
|
|
Six months ended
|
|
|
June 30,
|
|
|
June 30,
|
|
|
2015
|
|
2016
|
|
2015
|
|
|
2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss)
|
|
|
11,629
|
|
|
|
8,644
|
|
|
|
6,172
|
|
|
|
|
(2,417)
|
|
Other comprehensive income (loss), net of tax of nil
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign currency translation adjustment
|
|
|
594
|
|
|
|
(4,575)
|
|
|
|
117
|
|
|
|
|
(3,785)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income (loss)
|
|
|
12,223
|
|
|
|
4,069
|
|
|
|
6,289
|
|
|
|
|
(6,202)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Less: Comprehensive loss attributable to non-controlling
interest
|
|
|
(214)
|
|
|
|
(882)
|
|
|
|
(351)
|
|
|
|
|
(980)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income (loss) attributable to Leju shareholders
|
|
|
12,437
|
|
|
|
4,951
|
|
|
|
6,640
|
|
|
|
|
(5,222)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LEJU HOLDINGS LIMITED
|
Unaudited Reconciliation of GAAP and Non-GAAP Results
|
(In thousands of U.S. dollars, except share data and per ADS
data)
|
|
|
|
Three months ended
|
|
Six months ended
|
|
|
June 30,
|
|
June 30,
|
|
|
2015
|
|
2016
|
|
2015
|
|
2016
|
|
|
(unaudited)
|
|
(unaudited)
|
|
(unaudited)
|
|
(unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GAAP income (loss) from operations
|
|
|
14,974
|
|
|
|
10,094
|
|
|
7,486
|
|
|
(3,725)
|
|
Share-based compensation expense
|
|
|
2,879
|
|
|
|
3,364
|
|
|
6,834
|
|
|
6,727
|
|
Amortization of intangible assets resulting from business
acquisitions
|
|
|
3,164
|
|
|
|
3,083
|
|
|
6,339
|
|
|
6,167
|
|
Non-GAAP income from operations
|
|
|
21,017
|
|
|
|
16,541
|
|
|
20,659
|
|
|
9,169
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GAAP net income (loss)
|
|
|
11,629
|
|
|
|
8,644
|
|
|
6,172
|
|
|
(2,417)
|
|
Share-based compensation expense (net of tax)
|
|
|
2,879
|
|
|
|
3,364
|
|
|
6,834
|
|
|
6,727
|
|
Amortization of intangible assets resulting from
business acquisitions (net of tax)
|
|
|
2,373
|
|
|
|
2,312
|
|
|
4,754
|
|
|
4,625
|
|
Non-GAAP net income
|
|
|
16,881
|
|
|
|
14,320
|
|
|
17,760
|
|
|
8,935
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) attributable to Leju Shareholder
|
|
|
11,846
|
|
|
|
9,528
|
|
|
6,523
|
|
|
(1,436)
|
|
Share-based compensation expense
(net of tax and non-controlling interests)
|
|
|
2,879
|
|
|
|
3,356
|
|
|
6,834
|
|
|
6,711
|
|
Amortization of intangible assets resulting from business acquisitions (net
of tax and non-controlling interests)
|
|
|
2,373
|
|
|
|
2,312
|
|
|
4,754
|
|
|
4,625
|
|
Non-GAAP net income attributable to Leju shareholders
|
|
|
17,098
|
|
|
|
15,196
|
|
|
18,111
|
|
|
9,900
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GAAP net income (loss) per ADS — basic
|
|
|
0.09
|
|
|
|
0.07
|
|
|
0.05
|
|
|
(0.01)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GAAP net income (loss) per ADS — diluted
|
|
|
0.09
|
|
|
|
0.07
|
|
|
0.05
|
|
|
(0.01)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-GAAP net income per ADS — basic
|
|
|
0.13
|
|
|
|
0.11
|
|
|
0.13
|
|
|
0.07
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-GAAP net income per ADS — diluted
|
|
|
0.12
|
|
|
|
0.11
|
|
|
0.13
|
|
|
0.07
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares used in calculating basic GAAP / non-GAAP net income (loss)
attributable to shareholders per ADS
|
|
|
134,574,518
|
|
|
|
135,259,389
|
|
|
134,341,261
|
|
|
135,117,867
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares used in calculating diluted GAAP net income attributable to
shareholders per ADS
|
|
|
136,996,405
|
|
|
|
135,366,778
|
|
|
136,942,190
|
|
|
135,117,867
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares used in calculating diluted non-GAAP net income attributable to
shareholders per ADS
|
|
|
136,996,405
|
|
|
|
135,366,778
|
|
|
136,942,190
|
|
|
135,171,562
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LEJU HOLDINGS LIMITED
|
SELECTED OPERATING DATA
|
|
|
|
|
|
|
|
Three months ended
|
|
Six months ended
|
|
|
June 30,
|
|
June 30,
|
|
|
2015
|
|
2016
|
|
2015
|
|
2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating data for e-commerce services
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of discount coupons issued to prospective purchasers (number of
transactions)
|
|
|
94,489
|
|
|
|
76,383
|
|
|
|
135,254
|
|
|
|
135,685
|
|
Number of discount coupons redeemed (number of transactions)
|
|
|
52,413
|
|
|
|
49,982
|
|
|
|
84,524
|
|
|
|
84,225
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/leju-reports-second-quarter-2016-results-300318180.html
SOURCE Leju Holdings Limited