智通财经APP讯，汽车之家-S(02518)发布公告，2023年第四季度净收入总额为人民币19.11亿元(单位下同)(2.69亿美元)，2022年同期为18.93亿元。 2023年第四季度归属于汽车之家的净利润为4.47亿元(6290万美元)，2022年同期为5.94亿元。2023年第四季度归属于普通股股东的净利润为4.32亿元(6090万美元)，2022年同期为5.81亿元。 2023年第四季度归属于汽车之家的经调整净利润(非美国通用会计准则)为5.03亿元(7080万美元)，2022年同期为6.69亿元。 截至2023年12月31日，公司已回购672.69万股美国存托股，总成本约为2亿美元。 2023年净收入总额为71.84亿元(10.12亿美元)，2022年为69.41亿元。 2023年归属于汽车之家的净利润为19.35亿元(2.73亿美元)，2022年为18.55亿元。2023年归属于普通股股东的净利润为18.8亿元(2.65亿美元)，2022年为18.07亿元。 2023年归属于汽车之家的经调整净利润(非美国通用会计准则)为21.6亿元(3.04亿美元)，2022年为21.68亿元。 汽车之家首席执 ...

Financial Performance - In Q4 2023, Autohome's total net revenue was RMB 1,911.4 million (USD 269.2 million), a slight increase from RMB 1,893.3 million in Q4 2022[10] - The net profit attributable to Autohome in Q4 2023 was RMB 446.7 million (USD 62.9 million), down from RMB 594.1 million in the same period last year[16] - For the full year 2023, total net revenue reached RMB 7,184.1 million (USD 1,011.9 million), compared to RMB 6,940.8 million in 2022, marking a year-on-year growth[9] - The adjusted net profit for 2023 was RMB 2,159.6 million (USD 304.2 million), slightly down from RMB 2,168.3 million in 2022[9] - The net profit attributable to Autohome in 2023 was RMB 1,935.3 million (USD 272.6 million), compared to RMB 1,855.2 million in 2022, reflecting an increase of approximately 4.3%[26] - The adjusted net profit for 2023 was RMB 2,159.6 million (USD 304.2 million), slightly down from RMB 2,168.3 million in 2022, indicating a decrease of about 0.4%[29] - The operating profit for 2023 was RMB 1,137.4 million (USD 160.2 million), down from RMB 1,247.5 million in 2022, representing a decrease of about 8.8%[24] - The adjusted EBITDA for Q4 2023 was RMB 671,527, down 15% from RMB 789,460 in Q4 2022[43] - The net profit margin for Q4 2023 was 23.4%, down from 31.4% in Q4 2022[43] - The company reported a decrease in operating profit for Q4 2023 to RMB 366,714, down 28.5% from RMB 513,289 in Q4 2022[41] User Engagement and Growth - Autohome's mobile daily active users reached 68.19 million in December 2023, a 25.4% increase year-on-year, indicating effective user growth strategies[9] - The company plans to continue exploring new growth avenues and enhancing its market position in collaboration with Ping An Group[9] - Autohome Inc. is focused on enhancing user retention and brand awareness in the competitive online automotive advertising market[36] - The company anticipates growth in the Chinese online automotive advertising market, which may impact future business development[36] - Autohome Inc. is committed to ongoing product and service demand assessment to align with market acceptance[36] Expenses and Costs - Operating costs for 2023 were RMB 1,411.9 million (USD 198.9 million), up from RMB 1,235.2 million in 2022, indicating a year-over-year increase of about 14.3%[21] - The total operating expenses in 2023 amounted to RMB 4,898.9 million (USD 690.0 million), slightly higher than RMB 4,785.6 million in 2022, showing an increase of approximately 2.4%[23] - Research and development expenses in Q4 2023 were RMB 355.9 million (USD 50.1 million), up from RMB 312.9 million in Q4 2022[17] - Research and development expenses for Q4 2023 were RMB 355,924, an increase of 13.7% from RMB 312,903 in Q4 2022[41] Shareholder Returns and Stock Performance - The company completed a USD 200 million stock repurchase program by the end of 2023, enhancing shareholder returns[9] - The diluted earnings per share for the full year 2023 was RMB 3.83, compared to RMB 3.62 in 2022, reflecting a growth of 5.8%[41] Cash Flow and Assets - As of December 31, 2023, the company had cash and cash equivalents totaling RMB 23.55 billion (USD 3.32 billion) and net cash flow from operating activities of RMB 2,451.4 million (USD 345.3 million)[30] - Total assets increased from RMB 29,715,819 in 2022 to RMB 30,835,731 in 2023, representing a growth of 3.8%[45] - Cash and cash equivalents rose significantly from RMB 2,801,299 in 2022 to RMB 4,996,353 in 2023, an increase of 78.5%[45] Liabilities and Equity - Total current liabilities increased from RMB 4,058,676 in 2022 to RMB 5,075,351 in 2023, reflecting a rise of 25.0%[45] - Total liabilities grew from RMB 4,627,193 in 2022 to RMB 5,662,493 in 2023, marking an increase of 22.4%[45] - Shareholders' equity remained relatively stable, with a slight decrease from RMB 23,482,987 in 2022 to RMB 23,414,305 in 2023, a decline of 0.3%[45] Risks and Strategic Initiatives - Autohome Inc. is subject to various risks, including economic fluctuations and regulatory changes in China, which could affect its future outlook[36] - The company plans to continue its strategic initiatives to improve operational performance and financial stability[36] - The management highlighted the significance of evaluating business trends consistently across reporting periods using adjusted financial metrics[38] Communication and Reporting - Autohome Inc. will provide updates on its performance and strategies through regular SEC filings and announcements on the Hong Kong Stock Exchange[36] - The company’s investor relations team is available for inquiries to provide further insights into its financial performance and strategies[39]

Financial Performance - In Q4 2023, Autohome's total net revenue was RMB 1,911.4 million (USD 269.2 million), a slight increase from RMB 1,893.3 million in Q4 2022[10]. - The net profit attributable to Autohome in Q4 2023 was RMB 446.7 million (USD 62.9 million), down from RMB 594.1 million in the same period last year[16]. - For the full year 2023, total net revenue reached RMB 7,184.1 million (USD 1,011.9 million), compared to RMB 6,940.8 million in 2022, marking a year-on-year growth[9]. - The adjusted net profit for 2023 was RMB 2,159.6 million (USD 304.2 million), slightly down from RMB 2,168.3 million in 2022[9]. - The company reported a Q4 operating profit of RMB 366.7 million (USD 51.7 million), down from RMB 513.3 million in the same quarter of the previous year[14]. - The net profit attributable to ordinary shareholders was RMB 432.1 million (USD 60.9 million), down from RMB 580.9 million in the same period of 2022, representing a decrease of approximately 25.6%[18]. - The adjusted net profit for Q4 2023 was RMB 502.8 million (USD 70.8 million), compared to RMB 668.5 million in Q4 2022, reflecting a decline of about 25%[19]. - For the full year 2023, total revenue reached RMB 7,184.1 million (USD 1,011.9 million), an increase from RMB 6,940.8 million in 2022, marking a growth of approximately 3.5%[20]. - The operating profit for 2023 was RMB 1,137.4 million (USD 160.2 million), down from RMB 1,247.5 million in 2022, which is a decrease of around 8.8%[24]. - The net profit attributable to Autohome in 2023 was RMB 1,935.3 million (USD 272.6 million), compared to RMB 1,855.2 million in 2022, reflecting a growth of about 4.3%[26]. User Engagement and Market Strategy - Autohome's mobile daily active users reached 68.19 million in December 2023, a 25.4% increase year-on-year, indicating effective user growth strategies[9]. - The company is focused on enhancing brand awareness and user retention in the competitive online automotive advertising market[36]. - Autohome's future business development and operational strategies are subject to various risks and uncertainties, including market competition and regulatory environment[36]. - The company plans to continue expanding its market presence and exploring new strategies for growth[36]. Expenses and Investments - R&D expenses in Q4 2023 were RMB 355.9 million (USD 50.1 million), up from RMB 312.9 million in Q4 2022, reflecting ongoing investment in new technologies[17]. - Operating costs for 2023 were RMB 1,411.9 million (USD 198.9 million), up from RMB 1,235.2 million in 2022, indicating a year-over-year increase of about 14.3%[21]. - The total operating expenses in 2023 amounted to RMB 4,898.9 million (USD 690.0 million), slightly higher than RMB 4,785.6 million in 2022, showing an increase of approximately 2.4%[23]. Cash Flow and Financial Position - As of December 31, 2023, the company had cash and cash equivalents totaling RMB 23.55 billion (USD 3.32 billion) and net cash flow from operating activities of RMB 2,451.4 million (USD 345.3 million)[30]. - Total assets increased from RMB 29,715,819 in 2022 to RMB 30,835,731 in 2023, representing a growth of 3.8%[45]. - Cash and cash equivalents rose significantly from RMB 2,801,299 in 2022 to RMB 4,996,353 in 2023, an increase of 78.5%[45]. - Total current liabilities increased from RMB 4,058,676 in 2022 to RMB 5,075,351 in 2023, reflecting a rise of 25.0%[45]. - Shareholders' equity remained relatively stable, with a slight decrease from RMB 23,482,987 in 2022 to RMB 23,414,305 in 2023, a decline of 0.3%[45]. Financial Reporting and Metrics - Autohome reported adjusted net profit, excluding non-cash expenses, to provide a clearer view of operational performance[38]. - The company emphasizes the importance of adjusted EBITDA as a key financial metric for assessing business trends[38]. - Autohome's management believes that non-GAAP financial indicators are crucial for investors to understand the company's core operating performance[38]. - The company aims to maintain transparency in its financial reporting by providing reconciliations between GAAP and non-GAAP measures[38]. - The company has a dedicated investor relations team to address inquiries and provide updates on financial performance[39]. - Autohome's financial disclosures include forward-looking statements that may differ from actual results due to inherent risks[36].

BEIJING, Feb. 6, 2024 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced its unaudited financial results for the three months and full year ended December 31, 2023. Fourth Quarter 2023 Highlights[1] Net revenues in the fourth quarter of 2023 were RMB1,911.4 million (US$269.2 million), compared to RMB1,893.3 million in the corresponding period of 2022. Net income attributable to Autohome in ...

BEIJING, Jan. 25, 2024 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), a leading online destination for automobile consumers in China, today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2023, before U.S. markets open on February 6, 2024.Autohome's management team will host an earnings conference call at 7:00 AM U.S. Eastern Time on Tuesday, February 6, 2024 (8:00 PM Beijing Time on the same day).Please regis ...

SHANGHAI, China, Jan. 02, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ:HTHT) ("H World" or the "Company"), a key player in the global hotel industry, today announced that Ms. Jihong He will step down as the chief financial officer of the Company and serve as the chief strategy officer of the Company, effective from January 2, 2024. Mr. Jun Zou, the executive vice president of the Company, has been appointed as the chief financial officer of the Company, effective from the same date. Mr. Zou has ov ...

Financial Data and Key Metrics Changes - Net revenues for Q3 2023 were RMB1.91 billion, representing a year-over-year increase of 3.4% [17] - Adjusted net income attributable to Autohome increased by 2.3% year-over-year to RMB604 million, with an adjusted net margin of 31.7% [6][19] - Gross margin decreased to 80.4% from 82.1% in Q3 2022 [18] Business Line Data and Key Metrics Changes - Revenue from online marketplace and other businesses rose by 25.2% year-over-year, accounting for 31.4% of total revenue [6][17] - Revenue from data products grew by over 30% compared to the same period last year [6] - Media services revenues were RMB477 million, while leads generation services revenues were RMB830 million [17] Market Data and Key Metrics Changes - NEV brand revenues increased by nearly 70% year-over-year [6] - The used car trading volume in China reached 13.49 million units in the first nine months of 2023, with a trading value of RMB859.8 billion [26] Company Strategy and Development Direction - The company is focused on capitalizing on opportunities presented by NEVs and digitalization, aiming to create a one-stop ecosystem for consumers [8] - Plans to expand the Autohome Energy Space franchise stores across the country, targeting 100 cities by the end of 2025 [13][29] - Emphasis on integrating online and offline channels to support automakers in adapting to NEV trends [16] Management Comments on Operating Environment and Future Outlook - The economy is recovering, with GDP growth of 4.9% year-over-year in Q3 2023, but challenges remain in the auto industry due to cautious consumer behavior [23][25] - The used car market is expected to continue expanding, with government incentives promoting consumption [26][32] - Management remains confident in the long-term growth potential of the Chinese auto market, particularly in NEVs and used cars [27] Other Important Information - The company has a strong balance sheet with cash, cash equivalents, and short-term investments totaling RMB23.43 billion as of September 30, 2023 [20] - The share repurchase program has seen approximately $187 million utilized as of October 27, 2023 [20] Q&A Session Summary Question: Market outlook for upcoming quarters and price competition among OEMs - Management noted a slowdown in passenger vehicle retail sales growth and highlighted ongoing challenges in the auto industry, but expressed optimism about recovery due to government policies [23][25] Question: Progress of the new retail model for NEVs - Management confirmed the operation of stores in key cities and plans to build an additional 20 stores by year-end, with positive consumer feedback [28][29] Question: Used car market growth outlook and revenue expectations - Management expects the used car market to maintain a strong growth trajectory, with TTP showing resilience and profitability [32][33] Question: Strategy regarding AI and efficiency improvements - The company is leveraging AI technologies to enhance product competitiveness and customer satisfaction, including partnerships with Baidu [34][35] Question: OEM budget spending and used car market strategies - Management indicated that OEMs are likely to invest more in consumer promotions and leads generation, while the used car market is expected to see double-digit growth despite challenges [39][40] Question: Contract renewals with dealers and pricing strategy - Management clarified that price increases are not a strategy for profit gain, focusing instead on empowering dealers with more services and digital products [43]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何 責任。 Autohome Inc. 汽車之家* （於開曼群島註冊成立的有限公司） （股份代號：2518） 2023 年 第 三 季 度 未 經 審 計 財 務 業 績 公 告 我們謹此宣佈截至2023年9月30日止第三季度的未經審計財務業績（「業績」）。 業 績 可 於 香 港 聯 合 交 易 所 有 限 公 司 網 站 https://www.hkexnews.hk 及 我 們 的 網 站 https://ir.autohome.com.cn 閱覽。 承董事會命 Autohome Inc. 董事、主席兼首席執行官 龍泉先生 香港，2023年11月2日 於本公告日期，本公司董事會包括董事龍泉先生、丁珂珂女士、肖京博士及盧凡博士以及獨立董事劉峻嶺先生、 ...

Exhibit 99.1 Autohome Inc. Announces Unaudited 2023 Third Quarter Financial Results BEIJING, November 2, 2023 – Autohome Inc. (NYSE: ATHM; HKEX: 2518) (“Autohome” or the “Company”), the leading online destination for automobile consumers in China, today announced its unaudited financial results for the three months ended September 30, 2023. Third Quarter 2023 Highlights1 • Net revenues in the third quarter of 2023 were RMB1,906.0 million (US$261.2 million), compared to RMB1,843.3 million in the correspondin ...

[Financial Performance](index=2&type=section&id=Financial%20Performance) [Unaudited Condensed Consolidated Statements of Profit or Loss](index=2&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Profit%20or%20Loss) In the first half of 2023, Autohome's total net revenue increased by 5.1% year-over-year to **RMB 3.367 billion**, driven by growth in media services and online marketing, with operating profit rising by 11.5% to **RMB 605 million** and net income attributable to Autohome increasing by 20.8% to **RMB 910 million**, indicating enhanced profitability Key Profit and Loss Data for H1 2023 (RMB in thousands) | Indicator | For the Six Months Ended June 30, 2022 | For the Six Months Ended June 30, 2023 | Year-over-Year Change | | :--- | :--- | :--- | :--- | | **Total Net Revenue** | 3,204,285 | 3,366,663 | +5.1% | | **Gross Profit** | 2,670,404 | 2,696,222 | +1.0% | | **Operating Profit** | 542,487 | 604,674 | +11.5% | | **Net Income Attributable to Autohome** | 753,264 | 910,236 | +20.8% | Revenue Structure for H1 2023 (RMB in thousands) | Revenue Segment | For the Six Months Ended June 30, 2022 | For the Six Months Ended June 30, 2023 | Year-over-Year Change | | :--- | :--- | :--- | :--- | | Media Services | 797,363 | 893,473 | +12.1% | | Leads Services | 1,461,017 | 1,440,269 | -1.4% | | Online Marketing and Others | 945,905 | 1,032,921 | +9.2% | Net Income Per ADS for H1 2023 | Net Income Per ADS | For the Six Months Ended June 30, 2022 | For the Six Months Ended June 30, 2023 | | :--- | :--- | :--- | | Basic | 5.82 | 7.17 | | Diluted | 5.81 | 7.15 | [Unaudited Condensed Consolidated Balance Sheets](index=3&type=section&id=Unaudited%20Condensed%20Consolidated%20Balance%20Sheets) As of June 30, 2023, the company's total assets increased from **RMB 29.716 billion** at the beginning of the year to **RMB 30.627 billion**, and total liabilities rose from **RMB 4.627 billion** to **RMB 5.029 billion**, maintaining a robust financial position, with cash, cash equivalents, and short-term investments totaling **RMB 23.335 billion**, indicating ample liquidity Key Balance Sheet Data (RMB in thousands) | Indicator | As of December 31, 2022 | As of June 30, 2023 | Period-over-Period Change | | :--- | :--- | :--- | :--- | | **Total Current Assets** | 24,424,931 | 25,378,773 | +3.9% | | **Total Assets** | 29,715,819 | 30,627,266 | +3.1% | | **Total Liabilities** | 4,627,193 | 5,028,806 | +8.7% | | **Total Equity** | 23,482,987 | 23,917,636 | +1.8% | - The company maintains strong cash reserves, with cash and cash equivalents and short-term investments totaling **RMB 23.335 billion** as of June 30, 2023, representing **76.2% of total assets**, ensuring operational liquidity and risk resilience[9](index=9&type=chunk) [Reconciliation of Accounting Standard Differences](index=4&type=section&id=Reconciliation%20of%20Accounting%20Standard%20Differences) [Reconciliation of US GAAP to IFRS](index=4&type=section&id=Reconciliation%20of%20US%20GAAP%20to%20IFRS) This report provides a reconciliation of financial statements prepared under US GAAP to IFRS, with key adjustments primarily related to the accounting treatment of preferred shares, leases, and share-based compensation, resulting in net income for the first half of 2023 shifting from **RMB 909 million** under US GAAP to **RMB 808 million** under IFRS, and total equity adjusting from **RMB 23.918 billion** to **RMB 24.955 billion** Net Income Reconciliation for H1 2023 (RMB in thousands) | Item | Amount | | :--- | :--- | | Net income as reported under US GAAP | 908,900 | | Preferred shares adjustment | (64,555) | | Leases adjustment | (521) | | Share-based compensation adjustment | (36,304) | | **Net income as reported under IFRS** | **807,520** | Total Equity Reconciliation as of June 30, 2023 (RMB in thousands) | Item | Amount | | :--- | :--- | | Total equity as reported under US GAAP | 23,917,636 | | Preferred shares adjustment | 1,045,962 | | Leases adjustment | (8,484) | | **Total equity as reported under IFRS** | **24,955,114** | [Notes on Key Accounting Standard Differences](index=5&type=section&id=Notes%20on%20Key%20Accounting%20Standard%20Differences) This section details the three primary accounting treatment items—preferred shares, leases, and share-based compensation—that cause differences between US GAAP and IFRS, quantifying their impact on net income and shareholders' equity [Preferred Shares](index=5&type=section&id=Preferred%20Shares) Under US GAAP, preferred shares are treated as mezzanine equity, whereas under IFRS, due to the holder's redemption option, they are classified as financial liabilities measured at fair value, with changes recognized in the income statement, resulting in a **RMB 64.56 million** reduction in IFRS net income for the first half of 2023 - Accounting treatment difference: Under US GAAP, preferred shares are accounted for as mezzanine equity, while under IFRS, they are classified as financial liabilities measured at fair value, with fair value changes recognized in profit or loss[17](index=17&type=chunk) - Financial Impact: This difference resulted in a fair value change loss of **RMB 64.56 million** recognized under IFRS for the six months ended June 30, 2023[14](index=14&type=chunk)[17](index=17&type=chunk) [Leases](index=5&type=section&id=Leases) US GAAP recognizes operating lease expenses on a straight-line basis, whereas IFRS typically results in 'front-loaded' expenses, recognizing more costs in the early periods of a lease, and this difference had a minor impact on net income for the first half of 2023, reducing IFRS net income by only **RMB 0.52 million** - Expense Recognition Difference: Under US GAAP, operating lease expenses are recognized on a straight-line basis, while IFRS typically results in higher upfront expenses (front-loaded expenses)[18](index=18&type=chunk) - Financial Impact: The impact of this difference on net income for the six months ended June 30, 2023, was a relatively minor **RMB 0.52 million**[14](index=14&type=chunk)[18](index=18&type=chunk) [Share-based Compensation](index=5&type=section&id=Share-based%20Compensation) For graded vesting share-based compensation, the company opts for the straight-line method under US GAAP, whereas IFRS mandates the accelerated method for expense recognition, and this accounting difference led to a **RMB 36.30 million** reduction in IFRS net income for the first half of 2023 - Expense Recognition Difference: For graded vesting share-based compensation, the company uses the straight-line method under US GAAP, while IFRS requires the accelerated method for expense recognition[19](index=19&type=chunk)[20](index=20&type=chunk) - Financial Impact: This difference led to an additional expense of **RMB 36.30 million** recognized under IFRS for the six months ended June 30, 2023[14](index=14&type=chunk)[21](index=21&type=chunk)