Autohome Inc ADR (ATHM) financial statements: income statement, balance sheet and cash flow

Autohome Inc ADR's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Autohome Inc ADR reported revenue of $6.5B (-8.3% year on year) and net income of $1.4B (-14.2% year on year).

Income statement

Autohome Inc ADR income statement, fiscal years
Line itemDec 31, 2025 · FYDec 31, 2024 · FYDec 31, 2023 · FYDec 31, 2022 · FY
Total net revenues$6.5B$7.0B$7.2B$6.9B
Cost of revenues (including related party transactions of RMB62,372, RMB70,493 and RMB45,510 (US$6,508) for the years ended December 31, 2023, 2024 and 2025, respectively)($1.8B)($1.5B)($1.4B)($1.2B)
Gross profit$4.7B$5.6B$5.8B$5.7B
Sales and marketing expenses($2.5B)($3.0B)($3.0B)($2.9B)
General and administrative expenses (including reversal of allowance for credit losses of RMB24,359 for the years ended December 31, 2023, and provision for credit losses of RMB35,293 and provision for credit losses of RMB32,667 (US$4,671) for the years ended December 31, 2024 and 2025, respectively)($504.0M)($534.8M)($538.0M)($502.3M)
Product development expenses($1.1B)($1.3B)($1.3B)($1.4B)
Total Operating expenses (including related party transactions of RMB128,155, RMB139,653 and RMB127,968 (US$18,299) for the years ended December 31, 2023, 2024 and 2025, respectively)($4.1B)($4.8B)($4.9B)($4.8B)
Other operating income, net$201.5M$288.6M$264.1M$327.5M
Operating profit$769.3M$1.0B$1.1B$1.2B
Interest and investment income, net (including related party transactions of RMB202,304, RMB215,253 and RMB114,424 (US$16,362) for the years ended December 31, 2023, 2024 and 2025, respectively)$659.8M$791.9M$831.0M$565.1M
Share of results of equity method investments$102.8M($109.1M)——
Income before income taxes$1.5B$1.7B$2.0B$1.8B
Income tax expenses($141.7M)($63.0M)($72.2M)$61.8M
Net income$1.4B$1.6B$1.9B$1.8B
Net loss attributable to noncontrolling interests$52.7M$57.8M$9.9M$30.5M
Net income attributable to Autohome Inc.$1.4B$1.7B$1.9B$1.9B
Accretion of mezzanine equity($189.7M)($172.6M)($153.3M)($137.6M)
Accretion attributable to noncontrolling interests$132.0M$111.0M$98.1M$89.6M
Net income attributable to ordinary shareholders$1.4B$1.6B$1.9B$1.8B
Basic$2.95$3.34$3.84$3.62
Diluted$2.93$3.33$3.83$3.62
Basic470.2M484.9M490.0M499.2M
Diluted472.1M486.6M491.3M499.7M
Foreign currency translation adjustments($95.9M)$52.8M$72.9M$418.9M
Comprehensive income$1.3B$1.7B$2.0B$2.2B
Comprehensive loss attributable to noncontrolling interests$52.8M$57.7M$10.0M$31.2M
Comprehensive income attributable to Autohome Inc.$1.3B$1.7B$2.0B$2.3B

Balance sheet

Autohome Inc ADR balance sheet, fiscal years
Line itemDec 31, 2025 · FYDec 31, 2024 · FYDec 31, 2023 · FYDec 31, 2022 · FY
Cash and cash equivalents (including related party balances of RMB158,589 and RMB73,415 (US$10,498) as of December 31, 2024 and 2025, respectively)$2.2B$1.7B$5.0B$2.8B
Restricted Cash (including related party balances of RMB86,809 and RMB74,424 (US$10,642) as of December 31, 2024 and 2025, respectively)$74.4M$88.5M$126.8M$9.2M
Short-term investments (including related party balances of RMB4,935,177 and RMB2,006,611 (US$286,942) as of December 31, 2024 and 2025, respectively)$17.1B$21.6B$18.6B$19.3B
Accounts receivable (net of allowance for credit losses of RMB196,819 and RMB222,960 (US$31,883) as of December 31, 2024 and 2025, respectively)$1.5B$1.4B$1.5B$1.9B
Amounts due from related parties, current$43.6M$64.0M$16.4M$49.6M
Prepaid expenses and other current assets$308.7M$336.9M$360.6M$357.5M
Total current assets$21.2B$25.2B$25.5B$24.4B
Restricted cash, non-current (including related party balances of RMB5,000 and RMB5,000 (US$715) as of December 31, 2024 and 2025, respectively)$5.0M$5.0M$5.0M$5.0M
Property and equipment, net$191.1M$204.0M$200.9M$255.3M
Intangible assets, net$53.7M$127.8M$202.1M$278.5M
Goodwill$3.9B$3.9B$3.9B$3.9B
Long-term equity investments$442.0M———
Other long-term investments$2.1B———
Amounts due from related parties, non-current$9.7M$3.5M$16.0M$9.4M
Deferred tax assets$262.6M$308.2M$295.6M$265.6M
Other non-current assets$90.6M$128.1M$200.9M$116.1M
Total non-current assets$7.1B$5.1B$5.3B$5.3B
Total assets$28.3B$30.2B$30.8B$29.7B
Accrued expenses and other payables (including related party balances of current lease liabilities of RMB66,860 and RMB31,885 (US$4,560) as of December 31, 2024 and 2025, respectively)$2.2B$2.9B$2.9B$2.5B
Advance from customers$98.1M$106.3M$105.4M$96.0M
Deferred revenue$170.8M$276.9M$801.6M$1.1B
Income tax payable$82.0M$186.0M$227.3M$251.1M
Amounts due to related parties$13.7M$38.3M$24.6M$27.1M
Dividends payable$976.4M$990.5M$984.3M—
Total current liabilities (including current liabilities of consolidated VIEs without recourse to Autohome WFOE, Chezhiying WFOE or TTP WFOE of RMB338,455 and RMB346,052 (US$49,484) as of December 31, 2024 and 2025, respectively)$3.5B$4.5B$5.1B$4.1B
Other liabilities (including related party balances of non-current lease liabilities of RMB17,019 and RMB20,545 (US$2,938) as of December 31, 2024 and 2025, respectively)$21.5M$23.1M$89.2M$50.6M
Deferred tax liabilities$458.3M$468.1M$498.0M$517.9M
Total non-current liabilities (including non-current liabilities of consolidated VIEs without recourse to Autohome WFOE, Chezhiying WFOE or TTP WFOE of RMB22,661 and RMB8,983 (US$1,284) as of December 31, 2024 and 2025, respectively)$479.8M$491.2M$587.1M$568.5M
Total liabilities (including total liabilities of consolidated VIEs without recourse to Autohome WFOE, Chezhiying WFOE or TTP WFOE of RMB361,116 and RMB355,035 (US$50,768) as of December 31, 2024 and 2025, respectively)$4.0B$5.0B$5.7B$4.6B
Convertible redeemable noncontrolling interests$2.1B$1.9B$1.8B$1.6B
Ordinary shares (par value of US$0.0025 per share; 400,000,000,000 ordinary shares authorized; 479,288,580 and 463,038,708 ordinary shares issued and outstanding, as of December 31, 2024 and 2025, respectively)$8659000.00$8659000.00$8599000.00$8550000.00
Additional paid-in capital$8.2B$8.2B$8.2B$8.1B
Treasury stock($2.2B)($1.5B)($1.3B)($750.3M)
Accumulated other comprehensive income$399.5M$495.4M$442.6M$369.6M
Retained earnings$16.6B$16.7B$16.6B$16.2B
Total Autohome Inc. shareholders' equity$23.0B$24.0B$23.9B$23.9B
Noncontrolling interests($867.3M)($682.6M)($513.9M)($405.9M)
Total equity$22.2B$23.3B$23.4B$23.5B
Total liabilities, mezzanine equity and equity$28.3B$30.2B$30.8B$29.7B

Cash flow statement

Autohome Inc ADR cash flow statement, fiscal years
Line itemDec 31, 2025 · FYDec 31, 2024 · FYDec 31, 2023 · FYDec 31, 2022 · FY
Net income$1.4B$1.6B$1.9B$1.8B
Depreciation of property and equipment$110.5M$123.6M$167.8M$226.1M
Amortization of intangible assets$74.1M$74.3M$76.7M$79.1M
Amortization of operating lease assets$88.8M$106.5M$108.1M$118.8M
Gain on disposal of property and equipment($2.9M)($1.8M)($874.0K)($1.1M)
Provision for credit losses$32.7M$35.3M——
Share of results of equity method investments($102.8M)$109.1M($29.1M)$49.8M
Fair value change of short-term investments$39.5M($44.9M)($29.7M)$116.5M
Fair value change of long-term investments($24.8M)———
Share-based compensation$219.0M$192.0M$195.1M$168.9M
Deferred income taxes$35.8M($42.5M)($50.0M)($148.3M)
Accounts receivable($188.6M)$77.8M$479.9M$203.6M
Amounts due from related parties, current$20.4M($47.5M)$33.2M$33.7M
Prepaid expenses and other current assets$92.7M($57.1M)($244.1M)($149.8M)
Amounts due from related parties, non-current($6.2M)$12.5M($6.6M)($1.9M)
Other non-current assets($51.3M)($33.7M)($193.0M)($101.5M)
Accrued expenses and other payables($594.3M)($135.0M)$367.0M$534.3M
Advance from customers($8.2M)$897.0K$9.3M($27.3M)
Deferred revenue($106.1M)($524.7M)($345.6M)($405.9M)
Income tax payable($102.9M)($42.8M)($23.9M)$17.8M
Amounts due to related parties($24.5M)$13.7M($2.5M)($4.8M)
Other liabilities($1.6M)($66.1M)$38.6M$22.0M
Net cash generated from operating activities$889.5M$1.4B$2.5B$2.6B
Purchase of property and equipment($118.1M)($140.0M)($78.6M)($116.5M)
Proceeds from disposal of property and equipment$5.8M$4.0M$921.0K$1.7M
Purchase of intangible assets$0—($329.0K)($1.0M)
Purchase of short-term investments($28.7B)($21.1B)($17.5B)($18.9B)
Purchase of long-term investments($2.1B)———
Maturity of short-term investments$33.1B$18.1B$18.6B$16.4B
Net cash generated from/(used in) investing activities$2.2B($3.1B)$1.0B($3.1B)
Proceeds from exercise of share options$24.0K$2.1M$296.0K$748.0K
Payment of dividends($1.5B)($1.5B)($491.0M)($421.7M)
Payments for repurchase of ordinary shares-1.1B-223.1M-633.8M-719.1M
Net cash used in financing activities($2.5B)($1.7B)($1.1B)($1.1B)
Effect of exchange rate changes on cash and cash equivalents and restricted cash($40.3M)$39.3M($14.6M)$168.3M
Net (decrease)/increase in cash and cash equivalents and restricted cash$467.8M($3.3B)$2.3B($1.5B)
Cash and cash equivalents and restricted cash at beginning of year$1.8B$5.1B$2.8B$4.3B
Cash and cash equivalents and restricted cash at end of year$2.3B$1.8B$5.1B$2.8B
Income tax paid (net of refunds)$187.9M———
Purchase of fixed assets included in accrued expenses and other payables$16.4M$24.6M$35.2M$4.7M
Dividends declared but not paid$976.4M$990.5M$984.3M—
Cash paid for operating lease cost$91.3M$111.0M$113.0M$125.4M
Right-of-use assets acquired under operating leases$60.2M$15.5M$192.1M$107.4M

Autohome Inc ADR score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.