BEIJING, Nov. 20, 2015 /PRNewswire/ -- Jumei International
Holding Limited (NYSE: JMEI) ("Jumei" or the "Company"),
China's leading online retailer of
beauty products, today reported its unaudited financial results for
the third quarter ended September 30,
2015. The Company will host a conference call to discuss the
results at 8:00 AM U.S. Eastern
Standard Time on November 20, 2015
(9:00 PM China time on the same
day).
Third Quarter 2015
Highlights
- Net revenues increased by 99.9% year-over-year to RMB1.9 billion (US[1]$305.5 million).
- Total net GMV [2] increased by 35.6% year-over-year
to RMB2.3 billion (US$358.7 million), driven primarily by a 30.8%
year-over-year increase in the number of active customers
[3] and a significant 89.5% year-over-year increase in
total orders [4].
- Gross profit as a percentage of net revenues decreased to 26.2%
from 38.0% in the same period of 2014. Gross profit as a percentage
of total net GMV increased slightly to 22.3% from 21.9% in the same
period of 2014. The increase was primarily due to the Company's
shift in strategy from beauty product marketplace sales to
merchandise sales that started in September
2014, and inventory optimization activities for Jumei
Global.
- Net loss attributable to Jumei's ordinary shareholders was
RMB86.9 million (US$13.7 million), compared with net income
attributable to Jumei's ordinary shareholders of RMB120.0 million in the same period of 2014. Net
margin attributable to Jumei's ordinary shareholders was negative
4.5%, compared with positive 12.4% in the same period of 2014.
- Non-GAAP net loss attributable to Jumei's ordinary
shareholders[5] was RMB77.4
million (US$12.2 million),
compared with non-GAAP net income attributable to Jumei's ordinary
shareholders [6] of
RMB129.3 million in the same period
of 2014. Non-GAAP net margin attributable to Jumei's ordinary
shareholders [6]
was negative 4.0%, compared with positive 13.3% in the same period
of 2014.
[1]
|
The U.S. dollar (USD) amounts disclosed in this press
release, except for those transaction amounts that were actually
settled in U.S. dollars, are presented solely for the convenience
of the reader. The conversion of Renminbi (RMB) into USD in this
press release is based on Federal Reserve exchange rate as of
September 30, 2015, which was RMB6.3556 to USD1.00. The percentages
stated in this press release are calculated based on the RMB
amounts;
|
[2]
|
"Net GMV" means the
sum of (i) net revenues generated from merchandise sales, and (ii)
net revenues generated from marketplace services plus corresponding
payables to third-party merchants;
|
[3]
|
"Active customer"
means a customer that made at least one purchase during a specified
period;
|
[4]
|
"Total orders" means
the total number of orders placed during a period, excluding
rejected or returned orders;
|
[5]
|
"Non-GAAP net loss
attributable to Jumei's ordinary shareholders" is a non-GAAP
financial measure defined as net loss attributable to Jumei's
ordinary shareholders excluding share-based compensation
expenses;
|
[6]
|
"Non-GAAP net income
attributable to Jumei's ordinary shareholders" is a non-GAAP
financial measure defined as net income attributable to Jumei's
ordinary shareholders excluding share-based compensation expenses.
"Non-GAAP net margin attributable to Jumei's ordinary shareholders"
is a non-GAAP financial measure defined as Non-GAAP net income or
loss attributable to Jumei's ordinary shareholders as a percentage
of total net revenues. See "Use of Non-GAAP Financial Measures" and
"Unaudited Reconciliation of GAAP and Non-GAAP Results".
|
Mr. Leo Chen, founder and CEO of
Jumei, commented, "Our third quarter net revenue growth continues
to be strong, increasing almost 100% year-over-year. This very
strong growth was driven by Jumei Global and rapidly shifting
consumption patterns in China as
consumers upgrade their tastes, preferences and expectations for
products. We continue to strengthen our position as a leading
import cross-border ecommerce platform in China and are pleased to see both active
customers and number of orders grow rapidly while maintaining a
high repeat purchase rate. Our customer purchase frequency continue
to grow significantly, increasing 45% from the same period last year, due
primarily to our diverse global product offerings and expansion
into other women's categories such as baby and maternity and health
and wellness."
"We continue to add world renowned brands such as Shiseido and
KOSÉ to our Jumei Global platform. This is the first time these
Japanese beauty groups have directly authorized a cross border
e-commerce company in China to
carry their merchandise. This means that going forward, new
products by both brands will be launched simultaneously in
Japan and on Jumei Global in
addition to those already on offer in Jumei's domestic platform.
Chinese consumers will now be able to access international beauty
trends at the same time they take place in the brand's home
markets."
"Our operating cash flow improved significantly in the third
quarter to RMB345.6 million
(US$54.4 million) as we optimized
Jumei Global inventories. We saw margin pressure in the third
quarter as a result, but expect to return to profitability in the
fourth quarter."
Unaudited Third Quarter 2015 Financial Results
Total net revenues were RMB1.9
billion (US$305.5 million), an
increase of 99.9% from RMB971.2
million in the third quarter of 2014. The increase was
primarily attributable to increases in the number of active
customers and total orders, which in turn resulted primarily from
the high volumes generated by Jumei Global as well as the shift
from beauty product marketplace sales to merchandise sales. The
number of active customers increased by 30.8% to approximately 6.8
million from approximately 5.2 million in the same period of 2014.
The number of total orders increased by 89.5% to approximately 19.9
million from 10.5 million in the same period of 2014.
Gross profit was RMB508.2
million (US$80.0 million), an
increase of 37.8% from RMB368.9
million in the third quarter of 2014. Gross profit as a
percentage of net revenues decreased to 26.2% from 38.0% in the
same period of 2014. The decrease was primarily due to the shift
from beauty product marketplace sales to merchandise sales. Gross
profit as a percentage of net GMV increased slightly to 22.3% from
21.9% in the same period of 2014. Gross profit from merchandise
sales as a percentage of net GMV of merchandise sales decreased to
24.1% from 29.4% in the same period of 2014. The decrease was
primarily due to inventory optimization activities for Jumei
Global.
Total operating expenses were RMB573.3 million (US$90.2
million), an increase of 117.9% from RMB263.1 million in the third quarter of 2014.
Operating expenses as a percentage of total net GMV increased to
25.1% from 15.7% in the same period of 2014.
- Fulfillment expenses were RMB290.7 million (US$45.7
million), an increase of 185.3% from RMB101.9 million in the same period of 2014.
Fulfillment expenses as a percentage of total net GMV increased to
12.8% from 6.1% in the same period of 2014. The increase was
primarily due to higher percentage of volumes from Jumei Global.
- Marketing expenses were RMB197.9 million (US$31.1million), an increase of 101.1% from
RMB98.4 million in the same period of
2014. The increase was primarily a result of the higher number of
marketing campaigns and brand promotion activities that Jumei
launched during the quarter, and reflected the Company's efforts to
grow its customer base and increase awareness of Jumei Global.
Marketing expenses as a percentage of total net GMV was 8.7%,
compared with 5.9% in the same period of 2014.
- Technology and content expenses were RMB43.9 million (US$6.9million), an increase of 18.0% from
RMB37.2 million in the same period of
2014. Technology and content expenses as a percentage of total net
GMV decreased slightly to 1.9% from 2.2% in the same period of
2014.
- General and administrative expenses were
RMB40.8 million (US$6.4 million), an increase of 60.0% from
RMB25.5 million in the same period of
2014. General and administrative expenses as a percentage of total
net GMV increased to 1.8% from 1.5% in the same period of 2014. The
increase was mainly due to an increase in general and
administrative staff headcount to support business expansion and
growth.
Loss from operations was RMB65.1
million (US$10.2 million),
compared with income from operations of RMB105.8 million in the same period of 2014.
Non-GAAP loss from operations, which excludes
RMB9.5 million (US$1.5 million) in share-based compensation
expenses, was RMB55.7 million
(US$8.8 million), compared with
non-GAAP income from operations of RMB115.1
million in the same period of 2014.
Net loss attributable to Jumei's ordinary shareholders
was RMB86.9 million (US$13.7 million), compared with net profit
attributable to Jumei's ordinary shareholders of RMB120.0 million in the same period of 2014.
"Others, net" under Other income/(expenses) mainly consists of a
non-cash and an unrealized intercompany exchange loss due to the
sharp depreciation of the RMB against the USD. Net margin
attributable to Jumei's ordinary shareholders decreased to negative
4.5% from positive 12.4% in the
same period of 2014. Net loss per basic and diluted ADS were
RMB0.59 (US$0.09) and RMB0.59 (US$0.09),
respectively, compared with net income per basic and diluted ADS
RMB0.83 (US$0.13) and RMB0.80 (US$0.13),
respectively, for the same period of 2014.
Non-GAAP net loss attributable to Jumei's ordinary
shareholders, which excludes share-based compensation expenses,
was RMB77.4 million (US$12.2 million), compared with non-GAAP net
income attributable to Jumei's ordinary shareholders RMB129.3 million in the same period of 2014.
Non-GAAP net margin attributable to Jumei's ordinary shareholders
decreased to negative 4.0% from positive 13.3% in the same period of
2014.
Non-GAAP net loss per basic and diluted ADS were
RMB0.53 (US$0.08) and RMB0.53 (US$0.08),
respectively, compared with non-GAAP net income per basic and
diluted ADS RMB0.89 (US$0.15) and RMB0.86 (US$0.14),
respectively, in the same period of 2014.
Balance Sheet
As of September 30, 2015, the
Company had cash and cash equivalents of RMB2.1 billion
(US$332.2 million), and short-term
investments of RMB441.0 million
(US$69.4 million).
Business Outlook
For the fourth quarter of 2015, the Company expects total net
revenues to be between RMB1.83
billion and RMB1.93 billion,
representing a year-over-year growth rate of approximately 80% to
90%.
These forecasts reflect the Company's current and preliminary
view, which is subject to change.
Change in Reporting Currency to the Renminbi
Effective July 1, 2015, the
Company changed its reporting currency from United States dollars ("USD") to Chinese
Renminbi ("RMB"). The change in reporting currency is to better
reflect the Company's performance and to improve investors' ability
to compare the Company's financial results with other publicly
traded companies in the industry. Prior to July 1, 2015, the Company reported its annual and
quarterly consolidated balance sheets and consolidated statements
of income and comprehensive income and shareholder's equity and
cash flows in USD. In this announcement, the unaudited financial
results for the quarter ended September 30,
2015 are stated in RMB. The related financial statements
prior to July 1, 2015 have been
recast to reflect RMB as the reporting currency for comparison to
the financial results for the quarter ended September 30, 2015.
Conference Call
Jumei's management will host a conference call on November 20, 2015 at 8:00
a.m. U.S. Eastern Standard Time (9:00
p.m. Beijing/Hong Kong Time
on the same day) to discuss the financial results.
The dial-in details for the earnings conference call are as
follows:
Hong Kong:
|
800-905-927
|
Mainland
China:
|
4001-200-539
|
USA:
|
1-855-298-3404
|
UK:
|
0800-015-9725
|
Participant PIN
Code:
|
5873573#
|
Please dial in 10 minutes before the call is scheduled to begin
and provide the passcode to join the call.
A telephone replay of the call will be available after the
conclusion of the conference call through 12:00 a.m. U.S. Eastern Standard Time,
November 27, 2015. The dial-in
details for the replay are as follows:
Hong Kong:
|
800-966-697
|
International:
|
61-2-9641-7900
|
USA:
|
1-866-846-0868
|
Passcode:
|
5873573#
|
A live and archived webcast of the conference call will be
available on the Investor Relations section of Jumei's website at
http://jumei.investorroom.com/.
Use of Non-GAAP Financial Measures
To supplement the consolidated financial statements presented in
accordance with the United States Generally Accepted Accounting
Principles ("GAAP"), Jumei uses non-GAAP income from operations,
non-GAAP net income attributable to Jumei's ordinary shareholders,
non-GAAP net margin attributable to Jumei's ordinary shareholders
and non-GAAP net income per ADS attributable to Jumei's ordinary
shareholders, by excluding share-based compensation expenses from
operating profit and net income attributable to the Company's
shareholders, respectively. The Company believes these non-GAAP
financial measures are important to help investors understand
Jumei's operating and financial performance, compare business
trends among different reporting periods on a consistent basis and
assess Jumei's core operating results, as they exclude certain
expenses that are not expected to result in cash payments. The use
of the above non-GAAP financial measures has certain limitations.
Share-based compensation expenses have been and will continue to be
incurred in the future and are not reflected in the presentation of
the non-GAAP financial measures, but should be considered in the
overall evaluation of Jumei's results. The Company compensates for
these limitations by providing the relevant disclosure of its
share-based compensation expenses in the reconciliations to the
most directly comparable GAAP financial measures, which should be
considered when evaluating Jumei's performance. 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. Reconciliation of each of these
non-GAAP financial measures to the most directly comparable GAAP
financial measure is set forth at the end of this release.
About Jumei International Holding Limited
Jumei (NYSE: JMEI) is China's
leading online retailer of beauty products. Jumei's internet
platform is a trusted destination for consumers to discover and
purchase branded beauty products, fashionable apparel and other
lifestyle products through the Company's jumei.com and
jumeiglobal.com websites and mobile application. Leveraging its
deep understanding of customer needs and preferences, as well as
its strong merchandizing capabilities, Jumei has adopted multiple
effective sales formats to encourage product purchases on its
platform, including curated sales, online shopping mall and flash
sales. More information about Jumei can be found at
http://jumei.investorroom.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under 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,
the business outlook and quotations from management in this
announcement, as well as Jumei's strategic and operational plans,
contain forward-looking statements. Jumei may also make written or
oral forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission ("SEC") on Forms 20-F and 6-K,
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 Jumei'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: the Company's goals and strategies; the
Company's future business development, results of operations and
financial condition; the expected growth of the Company's curated
sales, online shopping mall and flash sales in China; the expected growth of Jumei Global,
the Company's ability to attract and retain new customers and to
increase revenues generated from repeat customers; its ability to
obtain the authorization of more exclusive products; its
expectations regarding demand for and market acceptance of its
products and services; trends and competition in China's online retailers of beauty products;
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 Jumei's filings with the SEC,
including its annual report on Form 20-F. All information provided
in this press release and in the attachments is as of the date of
this press release, and Jumei does not undertake any obligation to
update any forward-looking statement, except as required under
applicable law.
For investor and media inquiries, please contact:
Jumei International Holding Limited
Mr. Sterling Song
Investor Relations Director
Phone: +86-10-5676-6983
Email: kans@jumei.com
Christensen
In China
Mr. Christian Arnell
Phone: +86-10-5900-1548
Email: carnell@christensenir.com
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
JUMEI
INTERNATIONAL HOLDING LIMITED
UNAUDITED CONDENSED CONSOLIDATED BALANCE
SHEETS
(in thousands,
except share data and per share data)
|
|
|
December 31,
2014
|
|
September 30,
2015
|
|
September 30,
2015
|
|
|
RMB
|
|
RMB
|
|
US$
|
|
|
|
|
|
|
|
ASSETS
|
|
|
|
|
|
|
Current
assets:
|
|
|
|
|
|
|
Cash and cash
equivalents
|
|
1,012,127
|
|
2,111,576
|
|
332,239
|
Short-term
investment
|
|
2,524,420
|
|
441,000
|
|
69,388
|
Loan
receivables
|
|
15,500
|
|
550,112
|
|
86,555
|
Accounts receivable,
net
|
|
26,942
|
|
82,124
|
|
12,922
|
Inventories
|
|
621,772
|
|
955,233
|
|
150,298
|
Advances to
suppliers
|
|
53,593
|
|
255,951
|
|
40,272
|
Prepayments and other
current assets
|
|
201,021
|
|
161,149
|
|
25,355
|
Deferred tax
assets
|
|
2,595
|
|
2,595
|
|
408
|
Total current
assets
|
|
4,457,970
|
|
4,559,740
|
|
717,437
|
Non-current
assets:
|
|
|
|
|
|
|
Long-term
investment
|
|
-
|
|
203,329
|
|
31,992
|
Property, equipment
and software, net
|
|
50,721
|
|
60,102
|
|
9,457
|
Intangible assets,
net
|
|
111
|
|
36
|
|
6
|
Goodwill
|
|
15,291
|
|
15,291
|
|
2,406
|
Deferred tax
assets
|
|
9,152
|
|
9,159
|
|
1,441
|
Other non-current
assets
|
|
16,185
|
|
12,401
|
|
1,951
|
Total non-current
assets
|
|
91,460
|
|
300,318
|
|
47,253
|
Total
assets
|
|
4,549,430
|
|
4,860,058
|
|
764,690
|
|
|
|
|
|
|
|
Current
liabilities
|
|
|
|
|
|
|
Accounts
payable
|
|
889,960
|
|
934,081
|
|
146,970
|
Advances from
customers
|
|
67,737
|
|
88,921
|
|
13,991
|
Short-term
loans
|
|
9,857
|
|
9,967
|
|
1,568
|
Tax payable
|
|
83,590
|
|
89,950
|
|
14,153
|
Accrued expenses and
other current liabilities
|
|
123,398
|
|
112,216
|
|
17,656
|
Total current
liabilities
|
|
1,174,542
|
|
1,235,135
|
|
194,338
|
Non-current
liabilities
|
|
|
|
|
|
|
Long-term
loans
|
|
-
|
|
3,490
|
|
549
|
Other non-current
liabilities
|
|
5,155
|
|
4,123
|
|
649
|
Total non-current
liabilities
|
|
5,155
|
|
7,613
|
|
1,198
|
Total
liabilities
|
|
1,179,697
|
|
1,242,748
|
|
195,536
|
|
|
|
|
|
|
|
Shareholders'
equity:
|
|
|
|
|
|
|
Ordinary
shares
|
|
237
|
|
239
|
|
38
|
Additional paid-in
capital
|
|
2,829,220
|
|
2,874,973
|
|
452,353
|
Statutory
reserves
|
|
2,826
|
|
2,826
|
|
445
|
Treasury
stock
|
|
-
|
|
(890)
|
|
(140)
|
Retained
earnings
|
|
551,765
|
|
666,073
|
|
104,801
|
Accumulated other
comprehensive income
|
|
(15,905)
|
|
60,521
|
|
9,522
|
Jumei's
shareholders' equity
|
|
3,368,143
|
|
3,603,742
|
|
567,019
|
Noncontrolling
interests
|
|
1,590
|
|
13,568
|
|
2,135
|
Total
shareholders' equity
|
|
3,369,733
|
|
3,617,310
|
|
569,154
|
Total liabilities
and shareholders' equity
|
|
4,549,430
|
|
4,860,058
|
|
764,690
|
|
|
|
|
|
|
|
JUMEI
INTERNATIONAL HOLDING LIMITED
|
UNAUDITED
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE
INCOME
|
(in thousands,
except share data and per share data)
|
|
|
|
|
|
|
|
|
|
For the three
months ended
|
|
September 30,
2014
|
|
June 30,
2015
|
|
September 30,
2015
|
|
September 30,
2015
|
|
RMB
|
|
RMB
|
|
RMB
|
|
US$
|
Net
revenues:
|
|
|
|
|
|
|
|
Merchandise sales
|
853,082
|
|
1,826,776
|
|
1,887,829
|
|
297,034
|
Marketplace
services
|
118,130
|
|
58,597
|
|
53,795
|
|
8,464
|
Total net
revenues
|
971,212
|
|
1,885,373
|
|
1,941,624
|
|
305,498
|
Cost of
revenues
|
(602,285)
|
|
(1,320,248)
|
|
(1,433,452)
|
|
(225,542)
|
Gross
profit
|
368,927
|
|
565,125
|
|
508,172
|
|
79,956
|
Operating
expenses:
|
|
|
|
|
|
|
|
Fulfillment expenses
|
(101,929)
|
|
(227,511)
|
|
(290,734)
|
|
(45,745)
|
Marketing
expenses
|
(98,445)
|
|
(175,593)
|
|
(197,903)
|
|
(31,138)
|
Technology and
content expenses
|
(37,206)
|
|
(41,198)
|
|
(43,872)
|
|
(6,903)
|
General and
administrative expenses
|
(25,545)
|
|
(34,977)
|
|
(40,803)
|
|
(6,420)
|
Total operating
expenses
|
(263,125)
|
|
(479,279)
|
|
(573,312)
|
|
(90,206)
|
Income/(loss) from
operations
|
105,802
|
|
85,846
|
|
(65,140)
|
|
(10,250)
|
Other
income/(expenses):
|
|
|
|
|
|
|
Interest
income
|
32,756
|
|
31,605
|
|
21,471
|
|
3,378
|
Others,
net
|
11,487
|
|
17,218
|
|
(56,623)
|
|
(8,909)
|
Income/(loss)
before tax
|
150,045
|
|
134,669
|
|
(100,292)
|
|
(15,781)
|
Income tax
expenses/(benefit)
|
(30,009)
|
|
(25,587)
|
|
17,472
|
|
2,749
|
Net
income/(loss)
|
120,036
|
|
109,082
|
|
(82,820)
|
|
(13,032)
|
Net
income attributable to noncontrolling interests
|
-
|
|
(4,187)
|
|
(4,086)
|
|
(643)
|
Net income/(loss)
attributable to Jumei International
Holding Limited
|
120,036
|
|
104,895
|
|
(86,906)
|
|
(13,675)
|
Net income/(loss)
attributable to Jumei's ordinary
shareholders
|
120,036
|
|
104,895
|
|
(86,906)
|
|
(13,675)
|
Net
income/(loss)
|
120,036
|
|
109,082
|
|
(82,820)
|
|
(13,032)
|
Foreign
currency translation adjustment, net of nil tax
|
32
|
|
(14,314)
|
|
82,940
|
|
13,050
|
Total
comprehensive income
|
120,068
|
|
94,768
|
|
120
|
|
18
|
Comprehensive income attributable to
noncontrolling interests
|
-
|
|
(4,338)
|
|
(4,248)
|
|
(668)
|
Comprehensive
income/(loss) attributable to Jumei
International Holding Limited
|
120,068
|
|
90,430
|
|
(4,128)
|
|
( 650)
|
Net income/(loss)
per share attributable to Jumei's ordinary
shareholders
|
|
|
|
|
|
|
|
- Basic
|
0.83
|
|
0.72
|
|
(0.59)
|
|
(0.09)
|
- Diluted
|
0.80
|
|
0.70
|
|
(0.59)
|
|
(0.09)
|
Net income/(loss)
per ADS attributable to Jumei's ordinary
shareholders (1 ordinary share equals to 1
ADS)
|
|
|
|
|
|
|
- Basic
|
0.83
|
|
0.72
|
|
(0.59)
|
|
(0.09)
|
- Diluted
|
0.80
|
|
0.70
|
|
(0.59)
|
|
(0.09)
|
Weighted average
shares outstanding used in computing net
income/(loss) per share attributable to Jumei's
ordinary
shareholders
|
|
|
|
|
- Basic
|
144,712,235
|
|
145,470,065
|
|
146,370,546
|
|
146,370,546
|
- Diluted
|
150,594,342
|
|
150,360,439
|
|
146,370,546
|
|
146,370,546
|
|
|
|
|
|
|
|
|
|
For the three
months ended
|
|
September 30,
2014
|
|
June 30,
2015
|
|
September 30,
2015
|
|
September 30,
2015
|
|
RMB
|
|
RMB
|
|
RMB
|
|
US$
|
|
|
|
|
|
|
|
|
Share-based
compensation expenses included are follows:
|
|
|
|
|
|
|
|
Fulfillment
expenses
|
1,496
|
|
1,785
|
|
1,832
|
|
288
|
Marketing
expenses
|
1,712
|
|
7,128
|
|
(768)
|
|
(121)
|
Technology and
content expenses
|
2,272
|
|
2,975
|
|
1,932
|
|
304
|
General and
administrative expenses
|
3,805
|
|
6,119
|
|
6,474
|
|
1,019
|
Total
|
9,285
|
|
18,007
|
|
9,470
|
|
1,490
|
JUMEI INTERNATIONAL HOLDING
LIMITED
UNAUDITED RECONCILIATION OF GAAP AND NON-GAAP
RESULTS
(in thousands, except share data and per share
data)
|
|
|
|
|
|
|
|
For
the three months ended
|
|
|
|
September 30,
2014
|
|
June 30,
2015
|
|
September 30,
2015
|
|
September 30,
2015
|
|
|
|
RMB
|
|
RMB
|
|
RMB
|
|
US$
|
|
|
|
|
|
|
|
|
|
|
|
Income/(loss) from operations
|
|
105,802
|
|
85,846
|
|
(65,140)
|
|
(10,250)
|
|
Share-based compensation expenses
|
|
9,285
|
|
18,007
|
|
9,470
|
|
1,490
|
|
Non-GAAP income/(loss) from
operations
|
|
115,087
|
|
103,853
|
|
(55,670)
|
|
(8,760)
|
|
|
|
|
|
|
|
|
|
|
|
Net income/(loss) attributable to Jumei's ordinary
shareholders
|
|
120,036
|
|
104,895
|
|
(86,906)
|
|
(13,675)
|
|
Share-based compensation expenses
|
|
9,285
|
|
18,007
|
|
9,470
|
|
1,490
|
|
Non-GAAP net income/(loss) attributable to Jumei's
ordinary
shareholders
|
|
129,321
|
|
122,902
|
|
(77,436)
|
|
(12,185)
|
|
|
|
|
|
|
|
|
|
|
|
Non-GAAP net income/(loss)
per share attributable to
Jumei's ordinary shareholders
|
|
|
|
|
|
|
|
|
|
- Basic
|
|
0.89
|
|
0.84
|
|
(0.53)
|
|
(0.08)
|
|
- Diluted
|
|
0.86
|
|
0.82
|
|
(0.53)
|
|
(0.08)
|
|
Non-GAAP net income/(loss)
per ADS attributable to
Jumei's ordinary shareholders (1 ordinary share
equals
to 1 ADS)
|
|
|
|
|
|
|
|
|
|
- Basic
|
|
0.89
|
|
0.84
|
|
(0.53)
|
|
(0.08)
|
|
- Diluted
|
|
0.86
|
|
0.82
|
|
(0.53)
|
|
(0.08)
|
|
Weighted average shares outstanding used in
computing
non-GAAP net income/(loss) per
share attributable to
Jumei's ordinary
shareholders:
|
|
|
|
|
|
|
|
|
|
- Basic
|
|
144,712,235
|
|
145,470,065
|
|
146,370,546
|
|
146,370,546
|
|
- Diluted
|
|
150,594,342
|
|
150,360,439
|
|
146,370,546
|
|
146,370,546
|
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/jumei-reports-unaudited-third-quarter-2015-financial-results-300182483.html
SOURCE Jumei International Holding Limited