汽车之家(02518) - 2025 Q3 - 季度业绩
2025-11-06 11:11

Financial Performance - For Q3 2025, Autohome Inc. reported total net revenue of RMB 1,778.1 million (USD 249.8 million), a slight increase from RMB 1,774.5 million in Q3 2024[9]. - The net profit attributable to Autohome Inc. for Q3 2025 was RMB 436.6 million (USD 61.3 million), compared to RMB 441.3 million in the same period last year, reflecting a decrease of 1.5%[18]. - Adjusted net profit (non-GAAP) for Q3 2025 was RMB 406.9 million (USD 57.2 million), down from RMB 497.2 million in Q3 2024[9]. - Operating profit for Q3 2025 was RMB 147.0 million (USD 20.7 million), an increase from RMB 82.6 million in Q3 2024[16]. - In Q3 2025, net profit attributable to ordinary shareholders was RMB 419.4 million (USD 58.9 million), slightly down from RMB 425.7 million in Q3 2024[19]. - Basic and diluted earnings per share for Q3 2025 were RMB 0.89 (USD 0.13), compared to RMB 0.88 and RMB 0.87 in Q3 2024[19]. - Adjusted basic and diluted earnings per share for Q3 2025 were RMB 0.87 (USD 0.12) and RMB 0.86 (USD 0.12), respectively, compared to RMB 1.02 in Q3 2024[20]. Revenue and Growth - Daily active users on mobile platforms reached 76.56 million in September 2025, representing a year-over-year growth of 5.1%[10]. - Online marketing and other business revenues grew by 32.1% year-over-year in Q3 2025, driven by strong contributions from the new retail business[10]. Expenses and Costs - Operating costs for Q3 2025 were RMB 646.0 million (USD 90.7 million), significantly higher than RMB 407.7 million in Q3 2024, primarily due to increased transaction costs from expanding into lower-tier markets[12]. - Research and development expenses for Q3 2025 were RMB 278.6 million (USD 39.1 million), down from RMB 339.2 million in the same quarter last year, mainly due to reduced personnel-related costs[15]. Dividends and Share Repurchase - The company approved a cash dividend of USD 1.20 per American depositary share, totaling approximately RMB 1 billion, with total declared cash dividends for 2025 reaching RMB 1.5 billion[9]. - The company has repurchased 5,483,238 American depositary shares for a total amount of approximately USD 145.9 million as of October 31, 2025[9]. Cash Flow and Assets - As of September 30, 2025, cash and cash equivalents totaled RMB 21.89 billion (USD 3.08 billion) with net cash flow from operating activities at RMB 66.6 million (USD 9.4 million)[21]. - Total assets increased to RMB 30,221,625 as of December 31, 2024, up from RMB 28,773,351 as of September 30, 2024, representing a growth of 5.0%[37]. - Cash and cash equivalents decreased to RMB 1,693,597 from RMB 3,012,339, a decline of 43.7%[37]. - Short-term investments rose to RMB 21,621,992, an increase of 14.6% compared to RMB 18,880,945 in the previous quarter[37]. - Total current assets reached RMB 25,163,851, an increase of 6.2% from RMB 23,690,755[37]. Liabilities and Equity - Total liabilities increased to RMB 5,020,975, up 45.3% from RMB 3,451,212[37]. - Current liabilities surged to RMB 4,529,794, a significant increase of 53.0% from RMB 2,959,042[37]. - Total equity stood at RMB 23,269,121, slightly up from RMB 23,249,006, indicating a marginal growth of 0.09%[37]. Future Outlook and Strategy - The company aims to leverage technology to reduce decision-making and transaction costs in the automotive industry[26]. - The company utilizes non-GAAP financial metrics to provide a clearer picture of its financial performance, excluding certain expenses[28]. Employee and Conference Information - Total employees as of September 30, 2025, numbered 4,259, including 1,206 from Tian Tian Pai Che[23]. - The earnings conference call is scheduled for November 6, 2025, at 7:00 AM ET[24].