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5月14日，汽车之家将披露2025财年一季报（数据来源于纳斯达克官网，预计披露日期为美国当地时 间，实际披露日期以公司公告为准）。 资料显示，汽车之家(纽约证券交易所股票代码:ATHM;港交所股票代码:2518)是中国领先的汽车消费者 在线服务平台。公司使命旨在用科技驱动持续降低汽车行业决策和交易成本。汽车之家为汽车消费者提 供职业创作内容(OGC)、专业创作内容(PGC)、用户创作内容(UGC)、AI创作内容、全面的汽车车型库 以及广泛的汽车发布信息,涵盖整个购车及用车周期。由于能够接触到庞大且活跃的汽车消费者用户群, 汽车之家已成为汽车制造商及经销商推广广告活动的首选平台。此外,本公司的经销商订阅及广告服务 让经销商能够通过汽车之家的平台营销其库存及服务,将其实体展厅扩展至中国数百万潜在网络用户,并 获得销售线索。本公司提供销售线索、数据分析及营销服务,以协助汽车制造商及经销商提高效率及促 成交易。汽车之家运营其「车商城」,一个全功能线上交易平台,助力汽车制造商及经销商促进交易。此 外,本公司亦透过其网站及移动应用程序提供其他增值服务,包括汽车金融、汽车保险、二手车交易及售 后服务。 本文源自：金融界 作 ...

Autohome (ATHM) Q1 2025 Earnings Call May 08, 2025 08:00 AM ET Company Participants Thomas Chong - Managing DirectorBrian Gong - Internet & Media ResearchJiaxin Zhang - Associate Conference Call Participants Ritchie Sun - Analyst Operator Ladies and gentlemen, thank you for standing by for Autohome's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in listen only mode. A question and answer session will follow management's prepared remarks. As a reminder, this co ...

Financial Data and Key Metrics Changes - In the first quarter, net revenues were RMB 1,450 million, with media services revenues at RMB 242 million, lead generation services revenues at RMB 645 million, and online marketplace revenues at RMB 566 million, reflecting a 2% year-over-year increase [19] - Cost of revenue was RMB 316 million, with a gross margin of 78.3%, down from 81.3% in the same period last year [19] - Operating profit was RMB 233 million, compared to RMB 276 million for the same period last year, and adjusted net income attributable to Autohome was RMB 421 million, down from RMB 494 million year-over-year [20] - Non-GAAP basic and diluted earnings per share were both 0.88, compared to 1.02 in the corresponding period of 2024 [20] - As of March 31, 2025, cash, cash equivalents, and short-term investments totaled RMB 21,930 million [20] Business Line Data and Key Metrics Changes - Revenues from new energy vehicles (NEVs) and the new retail business increased by 72.6% year-over-year [14] - Revenues from data products increased by over 5% year-over-year [16] - The average mobile daily active users (DAUs) reached 76.92 million in March 2025, up 10.8% from the same period last year [13] Market Data and Key Metrics Changes - Overall new car sales grew by 6% year-on-year in Q1, with NEV sales increasing by 36% year-on-year, although this growth rate has slowed compared to previous periods [25][28] - Internal combustion engine (ICE) vehicle sales declined by 12% year-on-year [25] - The average profit margin of China's auto industry was only 3.9%, significantly lower than the 5.6% average for downstream industrial enterprises [26] Company Strategy and Development Direction - The company is focused on enhancing user experience and expanding its new retail network, with plans to exceed 500 locations by the end of 2025 [30][32] - Autohome aims to transform from a pure automotive media vertical into a comprehensive auto lifestyle ecosystem, enhancing the global automotive consumer ownership experience [18] - The company is actively exploring new emerging sectors and building a fully integrated online-to-offline ecosystem for services [10] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing structural adjustments in the market, with NEVs becoming the main growth driver and continued policy support leading to steady, modest growth [28] - The company is committed to improving user experience through intelligent professional tools and expanding its new retail network to address user pain points [29] - Management expects the price war in the auto industry to continue in the short run but believes that the room for further price decline is limited [40] Other Important Information - The company has authorized a new share repurchase program of up to USD 200 million, with approximately USD 128 million already executed as of May 2025 [21] - The company plans to maintain a consistent and stable shareholder return, with a dividend payout of no less than RMB 1.5 billion for the year [49] Q&A Session Summary Question: What is the implication of the auto industry's performance in Q1 for Autohome and the outlook for 2025? - Management noted that while new car sales grew, NEVs stood out with a growth rate of 36%, although slower than previous periods. They expect ongoing structural adjustments with NEVs as the main growth driver and continued policy support [24][28] Question: What is the progress on the new retail model and future plans? - Management reported the establishment of 29 space stores and 170 franchise satellite stores, with plans to exceed 500 locations by the end of 2025, focusing on lower-tier markets [30][32] Question: What is the status of the Harris acquisition and its impact on Autohome's strategy? - The acquisition is still pending regulatory approval, and management emphasized a commitment to the online-to-offline new retail model and the development of new energy vehicles [38] Question: When will OEM pricing stabilize, and what is the impact of dealership bankruptcies on lead generation? - Management believes the price war will continue in the short run but expects stabilization after inventory clearance and the end of subsidy policy transitions. They noted that dealers face challenges in transforming their business models [40][42] Question: How does management view the impact of trade tensions on the car market? - Management acknowledged some impact from trade tensions but emphasized that the domestic market is largely driven by NEVs, limiting the overall effect on Autohome's business [54][55]

Core Insights - The company, Autohome, reported a solid start to Q1 2025 with total revenue of 1.45 billion RMB and adjusted net profit of 421 million RMB, indicating a strong financial performance [1] - Autohome is accelerating its transformation from a traditional automotive media platform to a "one-stop automotive ecosystem platform" by leveraging AI technology and integrating online and offline services [1][2] - The company is focusing on enhancing content ecology and user experience, implementing a dual-driven content strategy of "professional + broad automotive" to strengthen platform attractiveness [1] Financial Performance - Total revenue for Q1 2025 was 1.45 billion RMB, with an adjusted net profit of 421 million RMB [1] - The revenue from data products grew by over 5% year-on-year, reflecting the company's digital business growth [2] User Engagement and Growth - Autohome's mobile platform saw an average daily user count of 76.92 million in March, a year-on-year increase of 10.8%, indicating a steady growth in user engagement [1] - The company achieved full coverage of S-class new car launch live broadcasts, with single-session interactions exceeding 200,000 for the "New Car Direct Hit" segment [1] Service Network Expansion - Autohome is building a comprehensive service network with 29 space stations in key cities and 170 standardized satellite franchise stores in lower-tier markets, enhancing its offline channel expansion [2] - The company is addressing the challenges in the used car market by launching the "Used Car Smart Buyer" to improve supply-demand matching efficiency and decision-making for users [2] Strategic Vision - The CEO of Autohome emphasized the ongoing implementation of an online-offline integration strategy, achieving results in new retail, intelligence, and broad automotive ecosystem areas [2] - The company aims to solidify its business foundation and incubate new growth curves, transitioning to a platform that closely aligns with transactions and enhances the automotive experience for global users [2]

智通财经5月8日电，汽车之家在港交所公告，2025年第一季度净收入总额14.54亿元，同比下降9.7%； 归属于汽车之家的净利润3.57亿元，上年同期归属于汽车之家的净利润3.94亿元，同比下降9.6%。截至 2025年3月31日，公司员工总计4345名，其中包括天天拍车员工1299名。 汽车之家：一季度净收入总额同比下降9.7% ...

BEIJING, May 8, 2025 /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 ended March 31, 2025.First Quarter 2025 Highlights[1] Net revenues in the first quarter of 2025 were RMB1,453.8 million (US$200.3 million), compared to RMB1,609.1 million in the corresponding period of 2024. Net income attributable to Autohome in the first quarter of 2 ...

2022年9月5日，上海浦西外滩，汽车之家空间站全国首店开业。2025年4月22日，上海浦东世博源，全面升级焕新的汽车之家空间站上海店面向来自 全国的投资人揭开了神秘面纱。当天，记者也受邀来到汽车之家空间站上海店体验，店内一系列黑科技设计让人不由感慨：原来买车可以这样好玩。 在汽车之家首席执行官杨嵩看来，上海店焕新的变化，折射出的是汽车之家在将近1000天的汽车新零售探索与创新中沉淀下来的经验。 以"选车省心、买车省钱"为初心 在与空间站投资人见面前，杨嵩接受了《中国汽车报》记者的采访。他坦言，刚在来的路上，脑中如倒带一般回放了汽车之家空间站的发展历程。这 两年多的摸索恰好暗合了老子《道德经》中那句"道生一，一生二，二生三，三生万物"。 "所谓道，是汽车之家布局空间站的缘起，即让消费者'选车省心、买车省钱'，同时持续地降低汽车流通的交易成本，从而促进汽车行业的高效发 展。"杨嵩为记者讲述了汽车之家空间站是如何从这个初心和原点，一步步衍生出"三生万物"的。 杨嵩说，汽车之家基于"选车省心、买车省钱"这8个字，形成了打造一站式O2O车生态的想法。买车毕竟不同于买快消品，因此汽车之家作为全球最 大的汽车互联网平台必 ...

BEIJING, April 24, 2025 /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 first quarter ended March 31, 2025, before U.S. markets open on May 8 2025. Autohome's management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, May 8, 2025 (8:00 PM Beijing Time on the same day). Please register in advance of the con ...

Exhibit 99.1 RECONCILIATION BETWEEN U.S. GAAP AND INTERNATIONAL FINANCIAL REPORTING STANDARDS The consolidated financial statements are prepared in accordance with U.S. GAAP, which differ in certain respects from International Financial Reporting Standards ("IFRS"). The effects of material differences between the consolidated financial statements of the Company prepared under U.S. GAAP and IFRS are as follows: Reconciliation of audited consolidated statements of comprehensive income: | | For the year ended ...