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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) 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.
Autohome Inc. (NYSE: ATHM) will report its third quarter financial results for the period ending September 30, 2022, on November 3, 2022, before U.S. market opens. An earnings conference call is scheduled for 8:00 AM ET the same day, allowing stakeholders to engage directly with management. Autohome is recognized as China's leading online destination for automobile consumers, offering extensive automotive content and services, including dealer subscriptions and advertising solutions. The Company's integrated platform supports car financing, insurance, and used car transactions, enhancing overall consumer experience.
Autohome Inc. (NYSE: ATHM) reported its unaudited financial results for Q2 2022, revealing net revenues of RMB1,733.0 million (US$258.7 million), down from RMB1,938.0 million in Q2 2021. Net income attributable to Autohome was RMB435.0 million (US$64.9 million), decreasing from RMB754.9 million year-over-year. Adjusted net income was RMB472.2 million (US$70.5 million), down from RMB795.4 million. The company repurchased 1,883,906 ADSs for approximately US$54.2 million. Despite challenges from the pandemic, user engagement improved, with a record average of 47.63 million daily users in June 2022.
Autohome Inc. (NYSE: ATHM) will report its financial results for Q2 and the first half of 2022 on August 3, 2022, before U.S. markets open. An earnings conference call is scheduled for the same day at 8:00 AM ET, where management will provide insights into the company's performance. Autohome is a prominent online platform for automobile consumers in China, providing a broad range of content and services aimed at facilitating auto sales and enhancing consumer engagement.
Autohome Inc. (NYSE: ATHM) announced on June 21, 2022, that Mr. Haifeng Shao has stepped down from his role as co-president due to personal commitments, with no disagreements reported. CEO Quan Long expressed gratitude for Mr. Shao's contributions during his tenure. Autohome remains the leading online destination for automobile consumers in China, offering extensive services like dealer advertising, auto financing, and a full-service online transaction platform. The company aims to continue improving efficiency and facilitating transactions for automakers and dealers.
Autohome Inc. (NYSE: ATHM) announced its annual general meeting (AGM) on June 23, 2022, in Beijing. Shareholders must be recorded by May 27, 2022, to attend. No proposals will be submitted for approval at the AGM. The company's annual report for the fiscal year ended December 31, 2021, has been filed with the U.S. Securities and Exchange Commission and is accessible on their website. Autohome is a key online platform for automotive consumers in China, providing a range of services including advertising and transaction facilitation.
Autohome reported its Q1 2022 financial results, revealing net revenues of RMB1,471.3 million (US$232.1 million), down from RMB1,841.6 million in Q1 2021. Net income decreased to RMB318.2 million (US$50.2 million) from RMB704.3 million YoY. Adjusted net income was RMB437.5 million (US$69.0 million), down from RMB735.1 million. However, NEV brand revenues surged by 156.1%. The company repurchased 1,574,674 ADSs for US$43.9 million and appointed Mr. Craig Yan Zeng as the new CFO. Amid challenges from COVID-19, Autohome maintained a solid cash flow and high margins.
Autohome Inc. (NYSE: ATHM) will announce its financial results for Q1 2022 on May 24, 2022, before U.S. markets open. The earnings call will be held at 8:00 AM U.S. Eastern Time, providing an opportunity for investors to gain insights into the company's performance. Autohome is a leading online platform in China for automobile consumers, offering a range of services including marketing solutions for dealers and comprehensive automotive content. For further information, visit www.autohome.com.cn.
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