autohome(02518.HK/ATHM.US): Strong innovation business in Q3, shaping a new growth engine with online and offline integration.

On November 6, Autohome released its 2024 third-quarter performance. The financial report shows that the company's revenue in the third quarter was 1.77 billion yuan (RMB, the same below), with online marketing and other business income increasing by 3.1% year-on-year, accounting for 34.82% of the total revenue; among them, revenue from new energy brands continued to grow, with a year-on-year increase of 54%; the company's adjusted net income was 0.497 billion yuan. From the perspective of the automotive industry, Autohome has captured the demand for communication, consumption, etc. brought about by the iteration of new energy vehicle products and brand upgrades. Data shows that the total sales volume of new energy vehicles in the first three quarters of this year increased by 32.5% year-on-year.

Gelonghui Finance21:44 ET

Autohome Inc (ATHM) Q3 2024 Earnings Call Transcript Summary

moomoo AI20:50 ET · Conference Call

Autohome-S will distribute cash dividends of $0.2875 per share on March 14, 2025.

Autohome-S (02518) announced that the company will distribute cash dividends of $0.2875 per share on March 14, 2025.

Sina Hong Kong stocks19:39 ET

autohome-S announced an adjusted net income of approximately 0.497 billion yuan in the third quarter.

Autohome-S (02518) announced the unaudited financial performance for the third quarter of 2024, with a total net revenue of RMB 1.7745 billion, net income attributable to Autohome of approximately 0.441 billion yuan, and adjusted net income attributable to Autohome of approximately 0.497 billion yuan. As of September 30, 2024, the company's cash and cash equivalents, total short-term investments amounted to RMB 23.06 billion. In addition, the board of directors has approved a dividend of $1.15 per American depositary share (or $0.2875 per ordinary share), to be paid in US dollars at different times in New York and Peking / Hong Kong time.

Sina Hong Kong Stocks19:39 ET

【Bay Area Morning News】Selection of management institutions for the seven major industrial funds in Shenzhen; Guangzhou becomes the first city to raise the lower limit of mortgage interest rates.

1. Market News 1. Meilian: In October, a total of 4 projects obtained pre-sale permits. According to the data from Meilian Property Research Center, a total of 4 projects obtained pre-sale permits in October, including Shangshuiyunxiang, Huangzhukeng Station on the south coast of Hong Kong Island, providing 1,633 units, a nearly 42-fold increase compared to September. In addition, among the residential projects that applied for pre-sale permits in October, there were 2 private projects providing 1,206 units, a decrease of about 60% compared to September; there was also a subsidized housing sales project. Overall, the cumulative number of pre-sale units awaiting approval in October increased by about 1.5% to 17,915 units, but the number of private residential units decreased slightly.

Jingu Finance News19:38 ET

Announcement Highlights | china overseas: Sales in October increased by 66% year-on-year; alibaba continues to repurchase approximately 19.9886 million US dollars of shares.

Concord Ne (00182.HK): The total power generation in the first 10 months was 7166.91GWh, a year-on-year increase of 12.79%; Poly Property: Sales revenue in October was 8.6 billion yuan.

cls.cn19:37 ET