UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of November 2014

 


 

Commission File Number: 001-36396

 


 

LEJU HOLDINGS LIMITED

 

15/F Floor, Shoudong International Plaza, No. 5 Building, Guangqu Home

Dongcheng District, Beijing 100022

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  x        Form 40-F  o

 

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): o

 

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): o

 

 

 



 

SIGNATURE

 

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.

 

 

Leju Holdings Limited

 

 

 

 

 

 

 

 

 

 

 

 

 

 

By

:

 

/s/ Min Chen

 

 

Name:

:

 

Min Chen

 

 

Title:

:

 

Chief Financial Officer

 

 

 

 

 

 

Date: November 20, 2014

 

 

 

2



 

Exhibit Index

 

Exhibit 99.1 — Press release

 

3


Exhibit 99.1

 

Leju Reports Third Quarter 2014 Results

 

BEIJING, November 19, 2014 — 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 fiscal quarter ended September 30, 2014.

 

Third Quarter 2014 Financial Highlights

 

·                      Total revenues increased by 32% year-on-year to $128.3 million

 

·                      Revenues from e-commerce services increased by 63% year-on-year to $84.2 million

·                      Revenues from online advertising services increased by 4% year-on-year to $41.8 million

 

·                      Non-GAAP1 income from operations increased by 28% year-on-year to $37.7 million

 

·                      Non-GAAP net income attributable to Leju shareholders increased by 12% year-on-year to $31.3 million or $0.23 per diluted American depositary share (“ADS”)

 

First Nine Months 2014 Financial Highlights

 

·              Total revenues increased by 55% year-on-year to $324.2 million

 

·                      Revenues from e-commerce services increased by 118% year-on-year to $202.2 million

·                      Revenues from online advertising services increased by 9% year-on-year to $111.2 million

 

·                      Non-GAAP income from operations increased by 75% year-on-year to $70.2 million

 

·                      Non-GAAP net income attributable to Leju shareholders increased by 69% year-on-year to $59.4 million, or $0.45 per diluted ADS

 

“We are pleased to deliver strong operating and financial results, especially in our e-commerce services business, despite extended soft market conditions during the third quarter,” said Mr. Geoffrey He, Leju’s chief executive officer. “Leju continued to focus on e-commerce services execution with the help of ongoing product innovations. In addition to further deepening our penetration of the e-commerce market during the third quarter, we were also able to construct an integrated mobile marketing eco-system leveraging all of our mobile resources. We received overwhelming responses from both mobile users and developer clients for our mobile market solutions and believe that the online and mobile resources at our disposal uniquely position Leju to be a leading product innovator in the real estate services area.”

 

“The secondary market has experienced significant challenges this year, which has had a negative impact on our listing services revenue,” Mr. He continued. “However, these market dynamics have afforded us an opportunity to expand our national network for listing services. We remain committed to building an online informational platform featuring authentic secondary housing information, and will continue to work with our partners in the secondary market to promote the long-term development of the industry through further innovations.”

 

“We delivered another quarter of strong top line growth as a result of our increasing scale, brand awareness and product innovation,” said Ms. Min Chen, Leju’s chief financial officer. “We also maintained steady profitability and healthy operating cash flow due to our improved operating

 


1Leju 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.

 

1



 

efficiency and solid execution.”

 

Third Quarter 2014 Results

 

Total revenues were $128.3 million, an increase of 32% from $97.4 million for the same quarter of 2013, mainly driven by growth of revenues from e-commerce services.

 

Revenues from e-commerce services were $84.2 million, an increase of 63% from $51.7 million for the same quarter of 2013, primarily due to a 51% increase in discount coupons redeemed,2 as a result of the expansion of the Company’s e-commerce business through partnerships with property developers.

 

Revenues from online advertising services were $41.8 million, an increase of 4% from $40.0 million for the same quarter of 2013, primarily due to revenue growth in both the Company’s new home and home furnishing channels.

 

Revenues from listing services were $2.3 million, a decrease of 60% from $5.7 million for the same quarter of 2013, primarily due to the slowdown in secondary home sales.

 

Cost of revenues was $12.9 million, a decrease of 20% from $16.1 million for the same quarter of 2013, primarily due to decreased fees paid to third parties for services in connection with the Company’s listing business and decreased amortization expenses of intangible assets as the Company’s exclusive rights with Baidu were extended to March 2015 at no additional cost and the Company’s advertising agency agreement with SINA was extended to March 2024 at no additional cost.

 

Selling, general and administrative expenses were $84.6 million, an increase of 42% from $59.6 million for the same quarter of 2013, primarily due to increased marketing expenses related to the growth of the Company’s e-commerce business, along with increased staff costs and bonuses resulting from increased headcount and improved profit.

 

Income from operations was $31.5 million in the third quarter of 2014, an increase of 44% from $21.9 million for the same quarter of 2013. Non-GAAP income from operations was $37.7 million, an increase of 28% from $29.5 million for the same quarter of 2013.

 

Net income was $26.4 million, an increase of 19% from $22.1 million for the same quarter of 2013. Non-GAAP net income was $32.0 million, an increase of 13% from $28.2 million for the same quarter of 2013.

 

Net income attributable to Leju shareholders was $25.7 million, or $0.19 per diluted ADS, an increase of 17% from $21.9 million, or $0.18 per diluted ADS, for the same quarter of 2013. Non-GAAP net income attributable to Leju shareholders was $31.3 million, or $0.23 per diluted ADS, an increase of 12% from $28.0 million, or $0.23 per diluted ADS, for the same quarter of 2013.

 

First Nine Months 2014 Results

 

Total revenues were $324.2 million, an increase of 55% from $209.1 million for the same period of 2013, mainly driven by growth of revenues from e-commerce services.

 

Revenues from e-commerce services were $202.2 million, an increase of 118% from $92.7 million for the same period of 2013, primarily due to an 88% increase in discount coupons redeemed, as a result of the expansion of the Company’s e-commerce business through partnerships with property developers.

 

Revenues from online advertising services were $111.2 million, an increase of 9% from $102.2

 


2See “Selected Operating Data” below for more details on the discount coupons sold and redeemed.

 

2



 

million for the same period of 2013, primarily due to revenue growth in both the Company’s new home and home furnishing channels.

 

Revenues from listing services were $10.8 million, a decrease of 24% from $14.1 million for the same period of 2013, primarily due to the slowdown in secondary home sales.

 

Cost of revenues was $36.8 million, a decrease of 26% from $49.9 million for the same period of 2013, primarily due to decreased fees paid to third parties for services in connection with the Company’s listing business and decreased amortization expenses of intangible assets as the Company’s exclusive rights with Baidu were extended to March 2015 at no additional cost and the Company’s advertising agency agreement with SINA was extended to March 2024 at no additional cost.

 

Selling, general and administrative expenses were $237.5 million, an increase of 68% from $141.3 million for the same period of 2013, primarily due to increased marketing expenses related to the growth of the Company’s e-commerce business, along with increased staff costs and bonuses resulting from increased headcount and improved profit.

 

Income from operations was $52.0 million in the first nine months of 2014, an increase of 184% from $18.3 million for the same period of 2013. Non-GAAP income from operations was $70.2 million, an increase of 75% from $40.0 million for the same period of 2013.

 

Net income was $43.7 million, an increase of 142% from $18.1 million for the same period of 2013. Non-GAAP net income was $59.9 million, an increase of 68% from $35.7 million for the same period of 2013.

 

Net income attributable to Leju shareholders was $43.3 million, or $0.33 per diluted ADS, an increase of 143% from $17.8 million, or $0.15 per diluted ADS, for the same period of 2013. Non-GAAP net income attributable to Leju shareholders was $59.4 million, or $0.45 per diluted ADS, an increase of 69% from $35.2 million, or $0.29 per diluted ADS, for the same period of 2013.

 

Cash Flow

 

As of September 30, 2014, the Company’s cash and cash equivalents balance was $263.4 million.

 

Third quarter 2014 net cash provided by operating activities was $40.2 million, mainly attributable to non-GAAP net income of $32.0 million. Net cash used in investing activities was $1.1 million, mainly comprised of a payment of $1.1 million for property and equipment. Net cash used in financing activities was $4.1 million, and mainly comprised of a payment of $4.1 million to acquire non-controlling interests.

 

Business Outlook

 

The Company revises its fiscal year 2014 total revenue guidance to $470 million to $490 million from the previous range of $500 million to $520 million, primarily as a result of the lower-than-expected listing services revenue. The revised revenue guidance represents an increase of approximately 40% to 46% from $335.4 million in 2013. 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 November 19, 2014 at 7 a.m. U.S. Eastern Time (8 p.m. Beijing/Hong Kong time).

 

Dial-in details for the earnings conference call are as follows:

 

U.S./International:

+1-631-514-2526

 

3



 

Hong Kong:

+852-5808-3202

Mainland China:

+86-10-4001-200-539

 

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 November 26, 2014:

 

International:

+1-866-846-0868

Passcode:

9551989

 

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 250 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 leading internet companies such as SINA Corporation and Baidu Inc., 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.

 

4



 

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:

 

In China:

 

Ms. Melody Liu

Leju Holdings Limited

Phone: +86 (10) 5895-1062

E-mail: ir@leju.com

 

Mr. Derek Mitchell

Ogilvy Financial, Beijing

Phone: +86 (10) 8520-6139

E-mail: leju@ogilvy.com

 

In the United States:

 

Mr. Justin Knapp

Ogilvy Financial, U.S.

Phone: +1 (616) 551-9714

E-mail: leju@ogilvy.com

 

5



 

LEJU HOLDINGS LIMITED

UNAUDITED CONSOLIDATED BALANCE SHEET

(In thousands of U.S. dollars)

 

 

 

December 31,

 

September 30,

 

 

 

2013

 

2014

 

ASSETS

 

 

 

 

 

Current assets

 

 

 

 

 

Cash and cash equivalents

 

98,730

 

263,434

 

Accounts receivable, net

 

87,316

 

122,264

 

Deferred tax assets, net

 

27,714

 

27,464

 

Prepaid expenses and other current assets

 

5,556

 

10,165

 

Amounts due from related parties

 

3,472

 

1,415

 

Total current assets

 

222,788

 

424,742

 

Property and equipment, net

 

7,028

 

7,273

 

Intangible assets, net

 

128,530

 

110,787

 

Investment in affiliates

 

251

 

90

 

Goodwill

 

40,611

 

40,492

 

Other non-current assets

 

3,730

 

5,866

 

Total assets

 

402,938

 

589,250

 

 

 

 

 

 

 

LIABILITIES AND EQUITY

 

 

 

 

 

Current liabilities

 

 

 

 

 

Accounts payable

 

1,423

 

137

 

Accrued payroll and welfare expenses

 

30,504

 

38,909

 

Income tax payable

 

41,437

 

49,929

 

Other tax payable

 

18,514

 

24,978

 

Amounts due to related parties

 

4,501

 

4,871

 

Advance from customers and deferred revenue

 

7,163

 

6,053

 

Liability for exclusive rights, current

 

8,968

 

3,251

 

Other current liabilities

 

11,074

 

42,705

 

Total current liabilities

 

123,584

 

170,833

 

Deferred tax liabilities

 

27,564

 

27,559

 

Other non-current liability

 

 

5,903

 

Total liabilities

 

151,148

 

204,295

 

Equity

 

 

 

 

 

Ordinary shares ($0.001 par value): 500,000,000 shares authorized, 120,000,000 and 133,529,420 shares issued and outstanding, as of December 31, 2013 and September 30, 2014, respectively

 

120

 

134

 

Additional paid-in capital

 

686,378

 

780,535

 

Accumulated deficit

 

(443,294

)

(400,825

)

Subscription receivables

 

(120

)

 

Accumulated other comprehensive income

 

5,622

 

4,818

 

Total Leju equity

 

248,706

 

384,662

 

Non-controlling interests

 

3,084

 

293

 

Total equity

 

251,790

 

384,955

 

TOTAL LIABILITIES AND EQUITY

 

402,938

 

589,250

 

 

6



 

LEJU HOLDINGS LIMITED

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands of U.S. dollars, except share data and per share data)

 

 

 

Three months ended

 

Nine months ended

 

 

 

September 30,

 

September 30,

 

 

 

2013

 

2014

 

2013

 

2014

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

 

 

 

 

 

 

 

 

E-commerce

 

51,664

 

84,159

 

92,719

 

202,191

 

Online advertising services

 

40,003

 

41,802

 

102,223

 

111,218

 

Listing services

 

5,727

 

2,313

 

14,128

 

10,769

 

Total revenues

 

97,394

 

128,274

 

209,070

 

324,178

 

Cost of revenues

 

(16,147

)

(12,929

)

(49,889

)

(36,791

)

Selling, general and administrative expenses

 

(59,574

)

(84,562

)

(141,299

)

(237,514

)

Other operating income

 

273

 

761

 

414

 

2,139

 

Income from operations

 

21,946

 

31,544

 

18,296

 

52,012

 

Interest income

 

365

 

377

 

799

 

806

 

Other income (expenses), net

 

(235

)

(20

)

(1,036

)

43

 

Income before taxes and equity in affiliates

 

22,076

 

31,901

 

18,059

 

52,861

 

Income tax benefit (expense)

 

30

 

(5,502

)

25

 

(8,960

)

Income before equity in affiliates

 

22,106

 

26,399

 

18,084

 

43,901

 

Loss from equity in affiliates

 

(13

)

(46

)

(13

)

(160

)

Net income

 

22,093

 

26,353

 

18,071

 

43,741

 

Less: net income attributable to non-controlling interests

 

173

 

670

 

269

 

445

 

Net income attributable to Leju shareholders

 

21,920

 

25,683

 

17,802

 

43,296

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

Basic

 

0.18

 

0.19

 

0.15

 

0.34

 

Diluted

 

0.18

 

0.19

 

0.15

 

0.33

 

Shares used in computation:

 

 

 

 

 

 

 

 

 

Basic

 

120,000,000

 

133,529,420

 

120,000,000

 

127,885,374

 

Diluted

 

120,000,000

 

137,596,250

 

120,000,000

 

130,834,223

 

 

Note 1

The conversion of Renminbi (“RMB”) amounts into USD amounts is based on the rate of USD1 = RMB6.1525 on September 30, 2014 and USD1 = RMB6.1594 for the three months ended September 30, 2014

 

7



 

LEJU HOLDINGS LIMITED

UNAUDITED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

(In thousands of U.S. dollars)

 

 

 

Three months ended

 

Nine months ended

 

 

 

September 30,

 

September 30,

 

 

 

2013

 

2014

 

2013

 

2014

 

 

 

 

 

 

 

 

 

 

 

Net income

 

22,093

 

26,353

 

18,071

 

43,741

 

Other comprehensive income (loss), net of tax of nil

 

 

 

 

 

 

 

 

 

Foreign currency translation adjustment

 

588

 

(187

)

2,182

 

(841

)

 

 

 

 

 

 

 

 

 

 

Comprehensive income

 

22,681

 

26,166

 

20,253

 

42,900

 

 

 

 

 

 

 

 

 

 

 

Less: Comprehensive income attributable to non-controlling interest

 

195

 

747

 

352

 

412

 

 

 

 

 

 

 

 

 

 

 

Comprehensive income attributable to Leju shareholders

 

22,486

 

25,419

 

19,901

 

42,488

 

 

8



 

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

 

Nine months ended

 

 

 

September 30,

 

September 30,

 

 

 

2013

 

2014

 

2013

 

2014

 

 

 

(unaudited)

 

(unaudited)

 

(unaudited)

 

(unaudited)

 

 

 

 

 

 

 

 

 

 

 

GAAP income from operations

 

21,946

 

31,544

 

18,296

 

52,012

 

Share-based compensation expense

 

2,027

 

2,844

 

5,237

 

6,882

 

Amortization of intangible assets resulting from business acquisitions

 

5,501

 

3,273

 

16,508

 

11,294

 

Non-GAAP income from operations

 

29,474

 

37,661

 

40,041

 

70,188

 

 

 

 

 

 

 

 

 

 

 

GAAP net income

 

22,093

 

26,353

 

18,071

 

43,741

 

Share-based compensation expense (net of tax)

 

2,027

 

2,844

 

5,237

 

6,882

 

Amortization of intangible assets resulting from business acquisitions (net of tax)

 

4,127

 

2,763

 

12,381

 

9,313

 

Non-GAAP net income

 

28,247

 

31,960

 

35,689

 

59,936

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Leju shareholders

 

21,920

 

25,683

 

17,802

 

43,296

 

Share-based compensation expense (net of tax and non-controlling interests)

 

2,027

 

2,844

 

5,237

 

6,882

 

Amortization of intangible assets resulting from business acquisitions (net of tax and non-controlling interests)

 

4,056

 

2,734

 

12,168

 

9,198

 

Non-GAAP net income attributable to Leju shareholders

 

28,003

 

31,261

 

35,207

 

59,376

 

 

 

 

 

 

 

 

 

 

 

GAAP earnings per ADS — basic

 

0.18

 

0.19

 

0.15

 

0.34

 

 

 

 

 

 

 

 

 

 

 

GAAP earnings per ADS — diluted

 

0.18

 

0.19

 

0.15

 

0.33

 

 

 

 

 

 

 

 

 

 

 

Non-GAAP earnings per ADS — basic

 

0.23

 

0.23

 

0.29

 

0.46

 

 

 

 

 

 

 

 

 

 

 

Non-GAAP earnings per ADS — diluted

 

0.23

 

0.23

 

0.29

 

0.45

 

 

 

 

 

 

 

 

 

 

 

Shares used in calculating basic GAAP / non-GAAP net income attributable to shareholders per ADS

 

120,000,000

 

133,529,420

 

120,000,000

 

127,885,374

 

 

 

 

 

 

 

 

 

 

 

Shares used in calculating diluted GAAP / non-GAAP net income attributable to shareholders per ADS

 

120,000,000

 

137,596,250

 

120,000,000

 

130,834,223

 

 

9



 

LEJU HOLDINGS LIMITED

SELECTED OPERATING DATA

 

 

 

Three months ended

 

Nine months ended

 

 

 

September 30,

 

September 30,

 

 

 

2013

 

2014

 

2013

 

2014

 

 

 

 

 

 

 

 

 

 

 

Operating data for e-commerce services

 

 

 

 

 

 

 

 

 

Number of discount coupons issued to prospective purchasers (number of transactions)

 

75,082

 

85,843

 

138,481

 

223,807

 

Number of discount coupons redeemed (number of transactions)

 

39,654

 

59,811

 

76,422

 

143,407

 

 

10