Autohome Company profile
About Autohome Inc (ADR)
Autohome Inc is a holding company mainly provides online destination for automobile consumers. It is engaged in the provision of online advertising and dealer subscription services. It, through its Websites, autohome.com.cn and che168.com, delivers content to automobile buyers and owners. Media services provide with marketing solutions in connection with brand promotion, new model release and sales promotion. Leads generation services enable dealer subscribers to create their own online stores, list pricing and promotional information, provide dealer contact information, place advertisements and manage customer relationships. Online marketplace and others focus on providing facilitation services and other platform-based services for new and used car transactions. It also provides services to its cooperative financial institutions that involve facilitating the sale of their loans and insurance products. The Company mainly conducts its businesses in the China market.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Autohome Inc (ADR) revenues decreased 16% to RMB7.24B. Net income decreased 37% to RMB2.15B. Revenues reflect Media services decrease of 42% to RMB2.01B, Leads generation services decrease of 7% to RMB2.99B. Net income also reflects Other income decrease of 34% to RMB294.2M (income). Basic Earnings per Share excluding Extraordinary Items decreased from RMB7.13 to RMB4.30.
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