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Autohome Inc (ADR) (N:ATHM)

Business Focus: Advertising & Marketing

Sector:  Consumer Cyclicals Industry:  Advertising & Marketing
 
Company Contact
Address: 10th Floor Tower B CEC Plaza
3 Dan Ling Street, Haidian District
BEIJING BEJ 100080
Tel: 86-10-59857483
Website: https://ir.autohome.com.cn
IR: See website
Key People
Quan Long
Chairman of the Board
Tao Wu
Chief Executive Officer, Executive Director
Craig Yan Zeng
Chief Financial Officer
Xiang Bibo
Chief Technology Officer
   
Business Overview
Autohome Inc. is an online destination for automobile consumers in China. The Company is engaged in the provision of online advertising and dealer subscription services in the People's Republic of China (PRC). The Company, through its Websites, autohome.com.cn and che168.com, and mobile applications, delivers content to automobile buyers and owners. These services are offered to automakers and dealers, and advertising agencies that represent automakers and dealers in the automobile industry. The Company's autohome.com.cn targets automobile consumers with a focus on new automobiles. The Company's professionally produced content is created by editorial team and includes automobile-related articles and reviews, pricing trends in various local markets, and photos and video clips. Its database also includes new and used automobile listings and promotional information. Its dealer subscription services allow dealers to market their inventory and services through its Websites.
Financial Overview
For the fiscal year ended 31 December 2023, Autohome Inc (ADR) revenues increased 4% to RMB7.18B. Net income increased 4% to RMB1.88B. Revenues reflect Online marketplace and others segment increase of 15% to RMB2.2B, Leads generation services segment increase of 2% to RMB3.11B. Net income also reflects Product development decrease of 6% to RMB1.26B (expense).