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Autohome Inc. (NYSE: ATHM; HKEX: 2518) is the leading online destination for automobile consumers in China, offering a comprehensive suite of services and independent, interactive content through its two primary websites, autohome.com.cn and che168.com. Founded in 2008, Autohome delivers a full range of occupationally generated, professionally generated, user-generated, and AI-generated content, making it a preferred platform for automakers and dealers.
As of 2023, Autohome holds a substantial market share in China's online automotive advertising and lead generation market, thanks to its extensive user base and innovative services. The company reported net revenues of RMB1.91 billion for the third quarter of 2023, reflecting a consistent growth trajectory and strong financial health. Its integrated digital platform is continually upgraded to enhance data product value and support the expanding ecosystem of new energy vehicles (NEVs) and digitalization.
Autohome's recent initiatives include the expansion of their retail footprint with 13 Autohome Energy Space stores under construction and collaboration with Ping An Group to optimize business models. The company's new retail business, which includes integrated services for both new and used vehicles, continues to bolster its market presence and brand recognition.
Further enhancing its competitive edge, Autohome is committed to environmental, social, and governance (ESG) practices, focusing on sustainable operations and corporate governance. The company's mission is clear: to reduce auto industry decision-making and transaction costs through advanced technology, fostering a seamless car buying and ownership experience for consumers.
For detailed and up-to-date information, including recent financial results and upcoming events, visit their investor relations page at https://ir.autohome.com.cn
Autohome Inc. (NYSE: ATHM) announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the SEC on April 25, 2023. This report contains the Company's audited consolidated financial statements and is accessible via the SEC's website as well as Autohome's investor relations portal. The Company will provide hard copies of the report free of charge to its shareholders upon request. Autohome also published the same report for Hong Kong purposes, in compliance with the local stock exchange's regulations. Recognized as the leading online platform for automobile consumers in China, Autohome engages users with a variety of content and services, including advertising, data analysis, and online transactions for automakers and dealers.
Autohome Inc. (NYSE: ATHM) reported its Q4 and full-year 2022 financial results, highlighting a 11.8% revenue growth in Q4 year-over-year to RMB1,893.3 million (US$274.5 million), and a net income jump to RMB594.1 million (US$86.1 million). For the full year, net revenues fell to RMB6,940.8 million (US$1,006.3 million) from RMB7,237.0 million in 2021, with net income declining to RMB1,855.2 million (US$269.0 million). The company announced a new dividend policy, committing to a minimum of RMB500 million annually through 2026. Autohome's mobile daily active users grew 16.1% year-over-year to 54.39 million in December 2022, reinforcing its market leadership.
Autohome Inc. (NYSE: ATHM), a leading automobile consumer platform in China, will report its Q4 2022 and full-year financial results before U.S. markets open on February 16, 2023. Management will host an earnings conference call at 7:00 AM ET on the same day, with registration required for participants. The conference call will be accessible via a live and archived webcast on their investor relations website. Autohome offers a comprehensive range of services, including dealer advertising, consumer engagement, and transaction facilitation through platforms like Autohome Mall. For more details, visit their official site.
Autohome reported its third quarter 2022 results, showing net revenues of RMB1,843.3 million (US$259.1 million), a 4.5% increase year-over-year. Net income attributable to Autohome was RMB507.8 million (US$71.4 million), a decline from RMB521.7 million in the same period last year. Adjusted net income rose to RMB590 million (US$82.9 million). Media service revenues surged by 28%, while revenues from online marketplace dropped by 15%. The company extended its share repurchase program by another year, having bought back US$106.3 million in ADSs as of October 31, 2022.
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