On May 8, $ATHM.CH (Autohome-ADR) presented its earnings report showing the following:
Total Revenues: $ATHM.CH reported total revenues of RMB 1,609.1 million (approximately $222.9 million), marking a 4.9% increase compared to the same period last year.
Net Income: The net income attributable to Autohome was RMB 394.5 million (approximately $54.6 million), a slight decrease from RMB 405.5 million in the previous year1.
Adjusted Net Income (Non-GAAP): Adjusted net income attributable to Autohome was RMB 493.9 million (approximately $68.4 million), compared to RMB 483.5 million in the prior year.
Earnings Per Share (EPS): Autohome reported an EPS of $0.56, exceeding analysts’ expectations of $0.492.
User Growth: According to QuestMobile, average mobile daily active users grew by 8.1% year-over-year to 69.39 million in March.
Data Products Revenue: Revenue from data products continued to show strong growth, driven primarily by the company’s intelligent series products.
New Energy Vehicle (NEV) Brands: Revenue from NEV brands remained robust, with a quarterly growth rate consistently outpacing the broader industry.
This summary highlights Autohome’s solid start to the year, with sustained revenue growth and successful deployment of new business initiatives.
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