Autohome (ATHM) financial statements
Autohome reported revenue of 6.5B CNY in fiscal 2025, up 0.9% a year over 9 years.
Net income was 1.4B CNY and the operating margin 11.9%, against 19.6% in 2016.
Free cash flow was 771M CNY, and the company returned 1.5B CNY in dividends and 1.1B CNY in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions (CNY).
Income statement
Fiscal years, in CNY, from Autohome's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.0B CNY | 6.2B CNY | 7.2B CNY | 8.4B CNY | 8.7B CNY | 7.2B CNY | 6.9B CNY | 7.2B CNY | 7.0B CNY | 6.5B CNY |
| Cost of revenue | 2.4B CNY | 1.4B CNY | 820M CNY | 960M CNY | 961M CNY | 1.0B CNY | 1.2B CNY | 1.4B CNY | 1.5B CNY | 1.8B CNY |
| Gross profit | 3.6B CNY | 4.9B CNY | 6.4B CNY | 7.5B CNY | 7.7B CNY | 6.2B CNY | 5.7B CNY | 5.8B CNY | 5.6B CNY | 4.7B CNY |
| Research and development | 571M CNY | 879M CNY | 1.1B CNY | 1.3B CNY | 1.4B CNY | 1.4B CNY | 1.4B CNY | 1.3B CNY | 1.3B CNY | 1.1B CNY |
| Selling, general and admin | 1.8B CNY | 1.9B CNY | 2.8B CNY | 3.4B CNY | 3.6B CNY | 3.3B CNY | 3.4B CNY | 3.6B CNY | 3.5B CNY | 3.0B CNY |
| Operating income | 1.2B CNY | 2.1B CNY | 2.9B CNY | 3.2B CNY | 3.1B CNY | 1.8B CNY | 1.2B CNY | 1.1B CNY | 1.0B CNY | 769M CNY |
| Pre-tax income | 1.2B CNY | 2.3B CNY | 3.2B CNY | 3.7B CNY | 3.5B CNY | 2.2B CNY | 1.8B CNY | 2.0B CNY | 1.7B CNY | 1.5B CNY |
| Income tax | 33M CNY | 267M CNY | 378M CNY | 500M CNY | 261M CNY | 34M CNY | -62M CNY | 72M CNY | 63M CNY | 142M CNY |
| Net income | 1.2B CNY | 2.0B CNY | 2.9B CNY | 3.2B CNY | 3.3B CNY | 2.2B CNY | 1.9B CNY | 1.9B CNY | 1.7B CNY | 1.4B CNY |
| EPS (diluted) | 2.65 CNY | 4.24 CNY | 6.02 CNY | 6.69 CNY | 6.83 CNY | 4.29 CNY | 3.62 CNY | 3.83 CNY | 3.33 CNY | 2.93 CNY |
| Diluted shares | 464M | 472M | 477M | 478M | 480M | 500M | 500M | 491M | 487M | 472M |
| Gross margin | 59.9% | 78.1% | 88.7% | 88.6% | 88.9% | 85.5% | 82.2% | 80.3% | 78.9% | 72.4% |
| Operating margin | 19.6% | 33.0% | 39.7% | 38.4% | 36.4% | 24.6% | 18.0% | 15.8% | 14.3% | 11.9% |
| Net margin | 20.6% | 32.2% | 39.7% | 38.0% | 37.8% | 31.1% | 26.7% | 26.9% | 23.9% | 22.4% |
Balance sheet
Fiscal years, in CNY, from Autohome's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | 5.7B CNY | 8.2B CNY | 10.1B CNY | 12.8B CNY | 14.6B CNY | 20.7B CNY | 22.1B CNY | 23.5B CNY | 23.3B CNY | 19.2B CNY |
| Receivables | 1.2B CNY | 1.9B CNY | 2.8B CNY | 3.2B CNY | 3.1B CNY | 2.1B CNY | 1.9B CNY | 1.5B CNY | 1.4B CNY | 1.5B CNY |
| Inventory | 96M CNY | 0 CNY | — | — | — | — | — | — | — | — |
| Total current assets | 7.4B CNY | 10.3B CNY | 13.1B CNY | 16.4B CNY | 18.4B CNY | 23.3B CNY | 24.4B CNY | 25.5B CNY | 25.2B CNY | 21.2B CNY |
| Property, plant and equipment | 135M CNY | 130M CNY | 170M CNY | 282M CNY | 410M CNY | 381M CNY | 255M CNY | 201M CNY | 204M CNY | 191M CNY |
| Goodwill | 1.5B CNY | 1.5B CNY | 1.5B CNY | 1.5B CNY | 4.1B CNY | 3.9B CNY | 3.9B CNY | 3.9B CNY | 3.9B CNY | 3.9B CNY |
| Total assets | 9.4B CNY | 12.3B CNY | 15.8B CNY | 19.2B CNY | 23.7B CNY | 28.4B CNY | 29.7B CNY | 30.8B CNY | 30.2B CNY | 28.3B CNY |
| Total current liabilities | 2.5B CNY | 3.9B CNY | 4.2B CNY | 4.0B CNY | 4.2B CNY | 4.0B CNY | 4.1B CNY | 5.1B CNY | 4.5B CNY | 3.5B CNY |
| Total liabilities | 3.0B CNY | 4.4B CNY | 4.6B CNY | 4.5B CNY | 4.9B CNY | 4.6B CNY | 4.6B CNY | 5.7B CNY | 5.0B CNY | 4.0B CNY |
| Shareholders' equity | 6.4B CNY | 8.0B CNY | 11.1B CNY | 14.6B CNY | 17.6B CNY | 22.6B CNY | 23.9B CNY | 23.9B CNY | 24.0B CNY | 23.0B CNY |
| Net debt | -3.3B CNY | -912M CNY | -212M CNY | -2.0B CNY | -1.8B CNY | -4.2B CNY | -2.8B CNY | -5.0B CNY | -1.7B CNY | -2.2B CNY |
Cash flow
Fiscal years, in CNY, from Autohome's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.6B CNY | 2.5B CNY | 3.1B CNY | 2.9B CNY | 3.3B CNY | 3.5B CNY | 2.6B CNY | 2.5B CNY | 1.4B CNY | 889M CNY |
| Capital spending | 89M CNY | 86M CNY | 114M CNY | 204M CNY | 264M CNY | 219M CNY | 117M CNY | 79M CNY | 140M CNY | 118M CNY |
| Free cash flow | 1.5B CNY | 2.4B CNY | 3.0B CNY | 2.7B CNY | 3.1B CNY | 3.3B CNY | 2.4B CNY | 2.4B CNY | 1.2B CNY | 771M CNY |
| Stock-based compensation | 195M CNY | 178M CNY | 202M CNY | 204M CNY | 211M CNY | 206M CNY | 169M CNY | 195M CNY | 192M CNY | 219M CNY |
| Dividends paid | — | — | 596M CNY | — | 651M CNY | 673M CNY | 422M CNY | 491M CNY | 1.5B CNY | 1.5B CNY |
| Share buybacks (net) | 0 CNY | — | — | — | — | -31M CNY | -719M CNY | -634M CNY | -223M CNY | -1.1B CNY |
| Free cash flow margin | 24.9% | 38.3% | 41.4% | 31.9% | 35.4% | 45.7% | 35.3% | 33.0% | 17.5% | 12.0% |
| Dividends per share | — | — | 1.25 CNY | — | 1.36 CNY | 1.35 CNY | 0.84 CNY | 1.00 CNY | 3.04 CNY | 3.14 CNY |
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Open ATHM in InvestinglyQuestions
What was Autohome's revenue in 2025?
6.5B CNY in fiscal 2025, from its 10-K filing.
How much free cash flow does Autohome generate?
771M CNY in fiscal 2025 (operating cash flow minus capital spending).
From Autohome's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.