Internet content & information · Communication Services · Reports in CNY
Autohome reported revenue of CNY 6.5B in the fiscal year ended Dec 2025, down 8.3% from the year before. Operating income was CNY 769M, an operating margin of 11.9%, and net income was CNY 1.4B. Operating cash flow of CNY 889M less capital expenditure of CNY 118M left free cash flow of CNY 771M.
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Last 5 fiscal years
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 7,237 | 6,941 | 7,184 | 7,040 | 6,452 |
| Cost of revenue | 1,048 | 1,235 | 1,412 | 1,483 | 1,784 |
| Gross profit | 6,189 | 5,706 | 5,772 | 5,556 | 4,668 |
| Research & development | 1,398 | 1,417 | 1,348 | 1,318 | 1,064 |
| Selling, general & admin | 3,304 | 3,369 | 3,550 | 3,523 | 3,037 |
| Operating income | 1,782 | 1,248 | 1,137 | 1,003 | 769 |
| Pre-tax income | 2,177 | 1,763 | 1,998 | 1,686 | 1,532 |
| Income tax | 34.0 | −61.8 | 72.2 | 63.0 | 142 |
| Net income | 2,249 | 1,855 | 1,935 | 1,681 | 1,443 |
| Diluted EPS | 4.29 | 3.62 | 3.83 | 3.33 | 2.93 |
| Diluted shares | 500 | 500 | 491 | 487 | 472 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | 4,237 | 2,801 | 4,996 | 1,694 | 2,175 |
| Receivables | 2,139 | 1,928 | 1,472 | 1,359 | 1,521 |
| Current assets | 23,326 | 24,425 | 25,525 | 25,164 | 21,187 |
| Net PP&E | 381 | 255 | 201 | 204 | 191 |
| Goodwill | 3,942 | 3,942 | 3,942 | 3,942 | 3,942 |
| Total assets | 28,399 | 29,716 | 30,836 | 30,222 | 28,309 |
| Payables | 2,045 | 2,537 | 2,932 | 2,932 | 2,192 |
| Deferred revenue | 1,553 | 1,147 | 802 | 277 | 171 |
| Current liabilities | 3,986 | 4,059 | 5,075 | 4,530 | 3,534 |
| Total liabilities | 4,592 | 4,627 | 5,662 | 5,021 | 4,013 |
| Shareholders' equity | 22,625 | 23,889 | 23,928 | 23,952 | 23,041 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | 3,524 | 2,565 | 2,451 | 1,373 | 889 |
| Capital expenditure | 219 | 117 | 78.6 | 140 | 118 |
| Free cash flow | 3,305 | 2,449 | 2,373 | 1,233 | 771 |
| Depreciation & amortisation | 225 | 226 | 168 | 124 | 110 |
| Stock-based compensation | 206 | 169 | 195 | 192 | 219 |
| Acquisitions | 77.4 | – | – | – | – |
| Share buybacks | 31.2 | 719 | 634 | 223 | 1,052 |
| Dividends paid | 673 | 422 | 491 | 1,481 | 1,481 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | −4.1% | 3.5% | −2.0% | −8.3% |
| Operating income growth (YoY) | – | −30.0% | −8.8% | −11.8% | −23.3% |
| EPS growth (YoY) | – | −15.6% | 5.8% | −13.1% | −12.0% |
| Gross margin | 85.5% | 82.2% | 80.3% | 78.9% | 72.4% |
| Operating margin | 24.6% | 18.0% | 15.8% | 14.3% | 11.9% |
| Net margin | 31.1% | 26.7% | 26.9% | 23.9% | 22.4% |
| Return on equityBlank when equity is negative | 9.9% | 7.8% | 8.1% | 7.0% | 6.3% |
| ROCEEBIT ÷ (assets − current liabilities) | 7.3% | 4.9% | 4.4% | 3.9% | 3.1% |
| Free cash flow margin | 45.7% | 35.3% | 33.0% | 17.5% | 12.0% |
| Cash conversion (CFO ÷ net income) | 1.57x | 1.38x | 1.27x | 0.82x | 0.62x |
| Receivable days | 108 | 101 | 75 | 70 | 86 |
| Payable days | 712 | 750 | 758 | 721 | 449 |
| Current ratio | 5.85x | 6.02x | 5.03x | 5.56x | 6.00x |
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.