Welcome to our dedicated page for Autohome news (Ticker: ATHM), a resource for investors and traders seeking the latest updates and insights on Autohome stock.
Autohome Inc. (NYSE: ATHM), China's leading automotive digital ecosystem, provides investors and industry professionals with essential updates through this comprehensive news hub. Track official press releases, financial disclosures, and strategic developments from the company powering informed auto purchases for millions of consumers.
This resource delivers timely updates on Autohome's advertising solutions, dealer network expansions, and technological innovations in AI-driven content curation. Users gain access to verified information about earnings announcements, partnership agreements, and operational milestones within China's evolving auto tech landscape.
Key updates are organized for efficient navigation, covering corporate governance changes, service enhancements, and market position analysis. The platform serves as a critical tool for monitoring Autohome's integration of online/offline retail channels and its leadership in automotive data analytics.
Bookmark this page for direct access to primary source materials and curated analysis of Autohome's role in shaping digital transformation across China's automotive sector. Regular updates ensure stakeholders maintain current awareness of this NYSE-listed industry pioneer.
Autohome Inc. (NYSE: ATHM; HKEX: 2518) announced a significant change in its controlling shareholder as Yun Chen Capital Cayman agreed to sell 200,884,012 ordinary shares (41.91%) to CARTECH HOLDING COMPANY, a Haier Group subsidiary, for approximately US$1.8 billion. The transaction requires regulatory approvals, after which Yun Chen will retain 23,916,500 shares and cease to be the controlling shareholder.
Additionally, the company announced leadership changes with Mr. Tao Wu's resignation as executive director and CEO, effective February 20, 2025. Mr. Song Yang, who has served as Senior Vice President since October 2021, has been appointed as the new executive director and CEO. Yang brings over 20 years of automotive industry experience from positions at Ford China, Borgward Passenger Vehicle Group, and Dongfeng Nissan.
Autohome Inc. (NYSE: ATHM) reported its Q4 and full-year 2024 financial results. For Q4 2024, net revenues were RMB1,783.4 million (US$244.3 million), down from RMB1,911.4 million in Q4 2023. Net income was RMB320.5 million (US$43.9 million), decreasing from RMB446.7 million year-over-year.
For full-year 2024, net revenues reached RMB7,039.6 million (US$964.4 million), compared to RMB7,184.1 million in 2023. The company's online marketplace and others revenues grew by 8.1% year-over-year. Average mobile daily active users increased by 13.6% to 77.48 million in December 2024.
As of February 14, 2025, Autohome had repurchased 3,289,520 ADSs for approximately US$88.5 million. The company's offline presence expanded with over 150 Autohome Space and satellite stores. Cash and short-term investments stood at RMB23.32 billion (US$3.19 billion) as of December 31, 2024.
Autohome Inc. (NYSE: ATHM; HKEX: 2518), China's leading online automotive consumer platform, has scheduled its Q4 and full year 2024 financial results announcement for February 20, 2025, before U.S. markets open. The management team will host an earnings conference call at 7:00 AM U.S. Eastern Time (8:00 PM Beijing Time) on the same day.
The company has provided registration details for the conference call, which will include participant dial-in numbers and personal PINs upon registration. A live and archived webcast will be available on Autohome's investor relations website.
Autohome reported Q3 2024 financial results with net revenues of RMB1,774.5 million (US$252.9 million), down from RMB1,906.0 million in Q3 2023. Net income decreased to RMB441.3 million (US$62.9 million) from RMB578.3 million year-over-year. The company's mobile daily active users grew by 5.6% to 72.87 million in September. The board approved a cash dividend of US$1.15 per ADS. The company has repurchased 244,302 ADSs for approximately US$6.7 million. Online marketplace revenues showed growth while media services revenues declined compared to the previous year.
Autohome Inc. (NYSE: ATHM; HKEX: 2518), China's leading online automobile consumer platform, has scheduled its third quarter 2024 financial results announcement for November 6, 2024, before U.S. markets open. The management will host an earnings conference call at 7:00 AM U.S. Eastern Time (8:00 PM Beijing Time) on the same day. A live and archived webcast will be available on the company's investor relations website.
Autohome Inc. (NYSE: ATHM; HKEX: 2518), China's leading online automotive consumer platform, has announced a new share repurchase program approved by its board of directors. The program, effective from September 4, 2024, authorizes the company to repurchase up to US$200 million worth of its shares, including ADSs, over the next 12 months.
The repurchases may be executed through various means, including open market transactions, privately negotiated deals, and block trades, subject to market conditions and applicable regulations. The board will periodically review the program and may adjust its terms or size. Autohome plans to fund the repurchases using its existing cash balance.
Autohome Inc. (NYSE: ATHM; HKEX: 2518) reported its unaudited financial results for Q2 2024. Key highlights include:
- Net revenues increased to RMB1,872.6 million (US$257.7 million), up from RMB1,833.0 million in Q2 2023.
- Net income attributable to Autohome rose to RMB524.8 million (US$72.2 million), compared to RMB504.7 million in Q2 2023.
- Adjusted net income (Non-GAAP) was RMB572.4 million (US$78.8 million), up from RMB569.5 million in Q2 2023.
- Average mobile daily active users grew by 8.3% year-over-year to 67.91 million in June.
- The company launched its Satellite Plan to expand into lower-tier cities.
Autohome maintains a strong balance sheet with RMB23.47 billion (US$3.23 billion) in cash and short-term investments as of June 30, 2024.
Autohome Inc. (NYSE: ATHM; HKEX: 2518), China's leading online platform for automobile consumers, has announced it will release its financial results for Q2 and H1 2024 on July 31, 2024, before U.S. markets open. The company will host an earnings conference call at 8:00 AM U.S. Eastern Time (8:00 PM Beijing Time) on the same day.
Participants can register in advance using the provided link to receive dial-in numbers and a personal PIN. A live and archived webcast of the call will be available on Autohome's investor relations website. This announcement indicates Autohome's commitment to transparency and timely communication with investors regarding its financial performance.
Autohome (NYSE: ATHM; HKEX: 2518), a premier online destination for automobile consumers in China, has announced the results of its 2023 Annual General Meeting held in Beijing on June 21, 2024. Shareholders approved the re-election of Mr. Quan Long, Mr. Tao Wu, Ms. Keke Ding, and Dr. Fan Lu as directors of the company. Autohome continues to strengthen its leadership team, focusing on providing an enhanced user experience and maintaining its market position.
Autohome (NYSE: ATHM; HKEX: 2518), a leading online automotive platform in China, announced a cash dividend of US$0.5700 per ADS (US$0.1425 per ordinary share). The total dividend payout will be around RMB0.5 billion. The dividend will be paid to shareholders of record by the close of business on July 10, 2024, with ADS holders receiving their payments around August 21, 2024, and ordinary shareholders by August 16, 2024.
Chief Financial Officer Craig Yan Zeng highlighted the strong cash flow and solid balance sheet as reasons for the dividend, expressing confidence in future growth and commitment to shareholder value.
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