Welcome to our dedicated page for Autohome American Depositary Shares, each representing four news (Ticker: ATHM), a resource for investors and traders seeking the latest updates and insights on Autohome American Depositary Shares, each representing four stock.
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 financial results for Q2 2021, revealing a net revenue of RMB1,938.0 million ($300.2 million), down from RMB2,313.3 million in Q2 2020. Net income attributable to ordinary shareholders fell to RMB746.7 million ($115.7 million), compared to RMB824.5 million last year. However, revenues from new initiatives grew by 10.0%, contributing 30.7% to total revenues. Data products saw a 47.1% increase year-over-year. Adjusted net income was RMB790.2 million ($122.4 million), down from RMB881.0 million. The company ended Q2 with cash equivalents of RMB18.43 billion ($2.85 billion).
Autohome Inc. (NYSE: ATHM) will report its financial results for Q2 and H1 2021 on August 25, 2021, before U.S. markets open. An earnings conference call will follow at 8:00 AM ET. Autohome is the leading online platform for automobile consumers in China, providing a range of services including dealer subscriptions, advertising, and transaction facilitation through its online platform. The company's comprehensive offerings make it a preferred advertising platform for automakers and dealers, enhancing the car-buying experience.
Autohome Inc. (NYSE: ATHM) announced the resignation of CFO Jun Zou, effective July 9, 2021, due to personal commitments. Financial Director Hong Jiang will take over his responsibilities on an interim basis while the company searches for a new CFO. Quan Long, CEO, thanked Zou for his contributions to enhancing financial management and performance. Autohome continues to strengthen its position as the leading online automotive platform in China, offering a wide range of services including advertising, sales leads, and online transactions.
Autohome Inc. (NYSE: ATHM) announced the resignation of Co-President Jingyu Zhang, effective May 31, 2021, due to personal reasons. Chairman Quan Long expressed gratitude for Zhang's contributions and assured ongoing commitment to enhancing the company's auto-related ecosystem and services. Autohome is recognized as China's leading online platform for automobile consumers, engaging a large user base and offering services from marketing to online transactions. The company aims to provide high-quality services to ensure sustainable growth.
Autohome reported strong Q1 2021 results, with net revenues reaching RMB1,841.6 million ($281.1 million), a 19.1% year-over-year increase. Online marketplace revenues rose by 74.0% to RMB539.1 million ($82.3 million), driven by TTP's contributions. Net income was RMB633.8 million ($96.7 million), compared to RMB587.2 million in Q1 2020. Adjusted net income also grew to RMB734.9 million ($112.2 million). The company successfully listed on the Hong Kong Stock Exchange, enhancing its market presence. Autohome plans to upgrade its AI and cloud strategies amid shifting automotive trends.
Autohome Inc. (NYSE: ATHM) will report its financial results for Q1 2021 on May 27, 2021, before U.S. markets open. An earnings conference call is scheduled for 8:00 AM ET (8:00 PM Beijing Time) on the same day. Investors can access the call using various dial-in numbers provided. Autohome is a leading online destination for automobile consumers in China, offering content and services to enhance the car-buying experience, including dealer subscriptions and advertising services. The company also provides a full-service online transaction platform.
Autohome Inc. (NYSE: ATHM) announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the SEC on March 2, 2021. The report includes audited consolidated financial statements and is accessible on the SEC's website and Autohome's investor relations page. The company offers its annual report in hard copy to shareholders upon request. Autohome serves as a leading online platform for automobile consumers in China, providing a variety of content and services to enhance the car-buying experience.
Autohome Inc. (NYSE: ATHM) announced the pricing of its global offering of 30,291,200 shares at HK$176.30 per share, translating to approximately US$91 per American depositary share. The offering is set to raise approximately HK$3,560 million or HK$4,361 billion if the over-allotment option is fully exercised. Proceeds will be allocated for technology development, new business incubation, and expanding market presence. The shares are expected to start trading on the Hong Kong Stock Exchange on March 15, 2021.
Autohome Inc. (NYSE: ATHM) announces its Hong Kong public offering of 30,291,200 shares, targeting a listing on the Hong Kong Stock Exchange under stock code '2518'. The offering includes 3,029,200 shares for the Hong Kong Public Offering and 27,262,000 shares for international investors. The maximum offer price is set at HK$251.8 per share. Proceeds will be used for technology development, new business incubation, and expanding market presence. The application process is fully electronic to minimize environmental impact.
Autohome Inc. (NYSE: ATHM), China's leading online automotive platform, announced an international offering of 27,262,000 ordinary shares, including 10,096,800 shares sold by Yun Chen Capital Cayman. The net proceeds will be directed towards technology and product development, expanding both domestic and international operations, and overall corporate purposes. The offering is subject to market conditions and is documented in a preliminary prospectus supplement dated March 2, 2021. Investors can obtain detailed information from the SEC's website or authorized brokers.
FAQ
What is the current stock price of Autohome American Depositary Shares, each representing four (ATHM)?
What is the market cap of Autohome American Depositary Shares, each representing four (ATHM)?
What does Autohome Inc. do?
How does Autohome generate revenue?
What recent achievements has Autohome made?
What is Autohome's mission?
How is Autohome involved in ESG practices?
What are Autohome's key digital platforms?
Who are Autohome's key partners?
What are the financial highlights of Autohome for the third quarter of 2023?
How does Autohome support new energy vehicles (NEVs)?
Where can I find more information about Autohome's financial results?
