Autohome Third Quarter 2024 Earnings: EPS Beats Expectations
Results: Autohome Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Autohome (NYSE:ATHM) Is Paying Out A Larger Dividend Than Last Year
Autohome and Huawei Harmony signed a cooperation agreement to jointly build a smart car life for all scenarios.
On November 8, 2024, Hong Kong / PRNewswire/ -- On November 7, China's leading automobile internet service platform, Autohome (New York Stock Exchange stock code: ATHM; Hong Kong Stock Exchange code: 2518), joined hands with Huawei to hold the HarmonyOS native application delivery and launch ceremony in Shenzhen. Huawei's Terminal Cloud President Zhu Yonggang and Autohome's Party Secretary and CEO Wu Tao attended the event. During the ceremony, Huawei presented Autohome with the HarmonyOS native application launch commemorative medal, marking the completion of the development of the HarmonyOS native application for the Autohome App, further enriching the HarmonyOS ecosystem in the automotive field, bringing benefits to users.
Autohome (02518): Significant results from ecological global strategy, increasing growth expectations with 'trade-in for new' strategy.
autohome's total revenue in the third quarter was 1.77 billion yuan, with a year-on-year growth rate of 54% from revenue of new energy brands.
Autohome To Go Ex-Dividend On December 31st, 2024 With 1.15 USD Dividend Per Share
Capital Allocation Trends At Autohome (NYSE:ATHM) Aren't Ideal
Benchmark Co. Maintains Autohome(ATHM.US) With Hold Rating
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.
Autohome Inc (ATHM) Q3 2024 Earnings Call Transcript Summary
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.
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.
【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.
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.
Hong Kong stocks notice | ec healthcare intends to sell 51% equity of New Medical Centre Holding Limited for approximately 0.4376 billion Hong Kong dollars.
Concord Ne (00182) generated a total of 7166.91GWh of equity electricity in the first 10 months, a year-on-year increase of 12.79%...
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Autohome | 6-K: Report of foreign private issuer (related to financial reporting)
Autohome Q3 24 Earnings Conference Call At 7:00 AM ET
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