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Stock impact report

Autohome Inc. announces financial results for Q3 2021

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: PR Newswire
BEIJING, Nov. 18, 2021 /PRNewswire/ -- On the evening of November 18, 2021 (Beijing Time), Autohome Inc., a leading online destination for automobile consumers in China, announced its unaudited financial results for the third quarter of 2021. According to the financial report, total revenue reached 1.764 billion yuan (approx. US$280 million) during the reporting period, with the proportion of revenue from new businesses increasing to 32 per cent. The adjusted net profit was 583 million yuan (approx. US$91.3 million) and the adjusted net profit margin stood at 33.1 per cent. In addition, in view of its greatly undervalued share price, Autohome's board of directors announced a plan to repurchase US$200 million worth of shares in the open market with its own funds over the next 12 months. Autohome facilitates implementation of its upgraded strategy via an in-depth collaboration with Ping An Insurance Group's ecosystem Autohome announced its new upgraded strategy on September 15, an ecosy Show less Read more
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