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Stock impact report

Autohome Inc. Announces 2023 Q4 and Annual Earnings: New Business Drives Sustained Growth [Yahoo! Finance]

Autohome Inc. American Depositary Shares, each representing four class A ordinary shares. (ATHM) 
Last autohome inc. american depositary shares, each representing four class a ordinary shares. earnings: 2/19 05:00 am Check Earnings Report
US:NYSE Investor Relations: ir.autohome.com.cn
Company Research Source: Yahoo! Finance
automobile consumers in China , today announced its fourth quarter and annual financial results for 2023. Over the past year, Autohome delivered solid operational and financial results with overall growth driven primarily by new businesses. According to the announcement, the Company's total net revenues in the fourth quarter were RMB1.91 billion . The total net revenues for the year increased by 3.5% year-over-year to RMB7.18 billion , of which the online marketplace and others business accounted for 30.6% of total revenue. The adjusted net income for the year was RMB2.16 billion with an adjusted net margin of 30.1%. In addition, Autohome remains committed to delivering returns to its investors as thanks for their long-term support; as of December 31, 2023 , it has completed a US$200 million share repurchase program, repurchasing approximately 6.73 million American depositary shares ("ADSs"). On December 13, 2023 , Autohome announced that Tao Wu has been appointed as an executive di Show less Read more
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