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. reports recurring developments tied to its role as an online destination for automobile consumers in China. The company provides automobile content, vehicle library and listing information, dealer subscription and advertising services, sales leads, data analysis, and marketing services for automakers and dealers. Its updates also discuss AI-generated content, online-to-offline initiatives, Autohome Mall, and product development spending.
Autohome news commonly includes unaudited quarterly and annual results, earnings-call notices, annual report filings, ESG reporting, cash dividends, ADS repurchase programs, and governance or ownership changes. The company is listed through American depositary shares on the NYSE under ATHM and ordinary shares on the HKEX under 2518.
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.
Autohome Inc. (NYSE: ATHM) announced the immediate appointment of Mr. Craig Yan Zeng as Chief Financial Officer. Mr. Zeng brings over 20 years of capital market experience, previously serving as CFO of LexinFintech and held senior roles at other notable companies. His extensive financial management expertise is expected to enhance Autohome's growth potential. Chairman Quan Long expressed confidence in Zeng's ability to drive the company forward. Autohome is a leading online destination for automobile consumers in China, providing a comprehensive range of services from advertising to transaction facilitation.
Autohome Inc. (NYSE: ATHM) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the SEC on April 25, 2022. The report includes audited consolidated financial statements and is accessible on both the SEC's website and the company’s investor relations site. Autohome has also published the report for Hong Kong compliance. The company is a leading online platform for automobile consumers in China, providing a range of services from original content to transaction facilitation via its 'Autohome Mall.'
Autohome Inc. (NYSE: ATHM) announced its unaudited financial results for Q4 and FY 2021, showing a significant decline in revenues and net income. Q4 net revenues were RMB1,693.6 million ($265.8 million), down from RMB2,483.1 million in Q4 2020. The net income attributable to Autohome fell to RMB267.8 million ($42.0 million), down 76.7% year-over-year. For FY 2021, total revenues decreased to RMB7,237.0 million ($1,135.6 million), with net income also declining to RMB2,248.8 million ($352.9 million). The Board approved a dividend of $0.53 per ADS, reflecting ongoing shareholder returns.
Autohome Inc. (NYSE: ATHM; HKEX: 2518), a top online platform for automobile consumers in China, will report its fourth quarter and full year financial results for 2021 on February 24, 2022. The earnings call is scheduled for 7:00 AM U.S. Eastern Time, and will be accessible via multiple dial-in options. Autohome provides a comprehensive range of services, including advertising, dealer subscriptions, and transaction facilitation for automakers and consumers, enhancing its position as a preferred platform in the automobile sector.
Autohome Inc. (NYSE: ATHM) announced that its proposed resolution to amend and restate its Memorandum and Articles of Association was adopted during its 2020 annual general meeting held in Beijing on December 16, 2021. This resolution replaces the Fifth Amended and Restated Memorandum and Articles of Association with the Sixth Amended and Restated version. Autohome is a leading online platform in China for automobile consumers, offering a range of services from marketing to transaction facilitation in the automotive sector.
Autohome reported Q3 2021 revenue of 1.764 billion yuan (approx. US$280 million), with a 32% contribution from new businesses. Adjusted net profit was 583 million yuan (approx. US$91.3 million), yielding a margin of 33.1%. The company plans a US$200 million share repurchase over 12 months, citing undervaluation. Daily active mobile users grew to 43.87 million, up 12.3%. Revenue from EV brands surged 104%. Despite challenges in the automotive sector, Autohome aims for sustainable growth through strategic collaborations.
Autohome Inc. (NYSE: ATHM) announced its Q3 2021 financial results, reporting net revenues of RMB 1,763.8 million ($273.7 million), down from RMB 2,315.6 million in Q3 2020. Net income attributable to the company was RMB 521.7 million ($81.0 million), compared to RMB 846.7 million in the prior year. The company revealed a US$200 million share repurchase program, highlighting confidence in its fundamentals. Online marketplace revenues grew by 2.5% year-over-year. However, media services revenues and lead generation services faced declines due to decreased marketing spending amid ongoing supply chain issues.