Latest news with #Autohome
Forbes
08-05-2025
- Business
- Forbes
China Market Update: Mr. Ahern Goes To Washington
CLN Asian equities were mixed overnight, as Northeast Asia outperformed Southeast Asia. Pakistan plunged 6.7% as their skirmish with India continues, though India was off only 0.58%. I had no idea how well Pakistan's stock market has done since it bottomed in mid-2023, which puts the pullback in perspective. Both Hong Kong and Mainland China posted gains after yesterday's interest rate cuts and economic policy support, as market indices are back at the pre-Liberation Day level, which appears to be acting as resistance. President Trump's announcement of a major trade deal may have helped sentiment, though the release of the final details of his deal with the UK could curb enthusiasm. Trump's cancellation of the Biden Administration's chip curbs weighed heavily on local Chinese semiconductors, though electronic equipment, tech hardware, and communication equipment had a very good day. After the close, semiconductor maker Semiconductor Manufacturing International (SMIC) released Q1 guidance of net profit up +160% year-over-year (YoY). Hong Kong-listed internet stocks and electric vehicle (EV) stocks had a strong day as Alibaba gained +0.16% on optimism surrounding the 618 (June 16th) sales event, which will begin pre-sales next week. The China Passenger Car Association announced preliminary EV and hybrid sales were +37% YoY to 922,000, though off-7 % month over month. Online seller Autohome (ATHM US, 2518 HK) beat Q1 analyst expectations for revenue, adjusted net income, and adjusted EPS, though all declined YoY. Real estate underperformed after financial results from nine construction companies were released, showing a total revenue decrease of -4.23% YoY and a net profit decrease of -9.9% YoY. Mainland investors sold a net -$306 million worth of Hong Kong-listed stocks and ETFs for a rare two consecutive days of net selling. Energy was weak in both markets, as oil prices declined. Mainland defense and military stocks outperformed again, as apparently, Pakistan buys equipment from China. There is no sign of the National Team, as their favored ETFs had below-average volumes. While in Washington, DC, for client meetings and a conference, I was able to garner an important insight into the recent uptake in US-listed China ADRs. The Holding Foreign Companies Accountable (HFCAA) states that the SEC and PCAOB must state annually whether or not they continue to have the ability to conduct audit reviews of auditors who have more than one hundred listed companies in the US. Neither the SEC nor the PCAOB has updated the list of companies, despite the fact that many companies have been listed in the US since the original finding. In December 2022, the SEC website published that they were able to audit the companies' auditors, under initial review due to the Chinese government changing the law that previously prevented them. However, they've not stated anything subsequently. The SEC and PCAOB should publish annually, as the HFCAA requires. They might have waited because of the new Administration, which is rumored to be considering restructuring the agencies to roll them into one. Could raising ADR delisting complicate US-China trade negotiations? Maybe, though it didn't appear to be a concern, as the White House and not Congress were doing trade negotiations. I suspect China will likely raise the ADR issue in the coming negotiations, as the Chinese government is unlikely to differentiate between the White House and Congress. Unlike President Biden's inability to control Pelosi's visit to Taiwan, I believe President Trump can tell the Republican Congress to cool it if it jeopardizes his big, beautiful deal. With the tariff tsunami likely coming in early June, both sides could edge toward a deal, with fentanyl as a logical place to start. Congress's infatuation with China was disconcerting, along with the lack of understanding of how economically intertwined the US and China are. New Content Read our latest article: New Drivers For China Healthcare: AI Med-Tech Innovation, Cancer Treatment, & Favorable Balance of Trade Please click here to read Chart1 Chart2 Chart3 Chart4 Chart5 Chart6
Yahoo
07-05-2025
- Automotive
- Yahoo
The past five years for Autohome (NYSE:ATHM) investors has not been profitable
Statistically speaking, long term investing is a profitable endeavour. But that doesn't mean long term investors can avoid big losses. To wit, the Autohome Inc. (NYSE:ATHM) share price managed to fall 67% over five long years. That's an unpleasant experience for long term holders. Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Looking back five years, both Autohome's share price and EPS declined; the latter at a rate of 13% per year. Readers should note that the share price has fallen faster than the EPS, at a rate of 20% per year, over the period. So it seems the market was too confident about the business, in the past. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). NYSE:ATHM Earnings Per Share Growth May 7th 2025 This free interactive report on Autohome's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. What About Dividends? As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Autohome the TSR over the last 5 years was -62%, which is better than the share price return mentioned above. This is largely a result of its dividend payments! A Different Perspective Autohome provided a TSR of 4.6% over the last twelve months. Unfortunately this falls short of the market return. On the bright side, that's still a gain, and it is certainly better than the yearly loss of about 10% endured over half a decade. So this might be a sign the business has turned its fortunes around. It's always interesting to track share price performance over the longer term. But to understand Autohome better, we need to consider many other factors. To that end, you should be aware of the 2 warning signs we've spotted with Autohome .
Yahoo
16-04-2025
- Automotive
- Yahoo
Autohome (NYSE:ATHM) Will Want To Turn Around Its Return Trends
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. Although, when we looked at Autohome (NYSE:ATHM), it didn't seem to tick all of these boxes. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Autohome, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.039 = CN¥1.0b ÷ (CN¥30b - CN¥4.5b) (Based on the trailing twelve months to December 2024). Therefore, Autohome has an ROCE of 3.9%. Ultimately, that's a low return and it under-performs the Interactive Media and Services industry average of 7.4%. View our latest analysis for Autohome Above you can see how the current ROCE for Autohome compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Autohome . On the surface, the trend of ROCE at Autohome doesn't inspire confidence. Over the last five years, returns on capital have decreased to 3.9% from 21% five years ago. On the other hand, the company has been employing more capital without a corresponding improvement in sales in the last year, which could suggest these investments are longer term plays. It's worth keeping an eye on the company's earnings from here on to see if these investments do end up contributing to the bottom line. In summary, Autohome is reinvesting funds back into the business for growth but unfortunately it looks like sales haven't increased much just yet. Since the stock has declined 60% over the last five years, investors may not be too optimistic on this trend improving either. On the whole, we aren't too inspired by the underlying trends and we think there may be better chances of finding a multi-bagger elsewhere. If you'd like to know about the risks facing Autohome, we've discovered 1 warning sign that you should be aware of. While Autohome isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
21-02-2025
- Automotive
- Yahoo
Ping An to sell 42% stake in Autohome to Haier Group for $1.8 billion
By John Biju (Reuters) - Hong Kong-listed Autohome said on Thursday the financial conglomerate Ping An Insurance will cease to be its controlling shareholder after agreeing to sell a 41.91% stake in the company for $1.8 billion. Yun Chen Capital Cayman, a unit of Ping An, will sell 200.9 million shares of the auto services portal provider to a unit of Haier Group Corp, the owner of home appliance maker Haier Smart Home. It also said company insider Song Yang has been appointed as the new chief executive officer following the resignation of Tao Wu. "The platform faces growing competition with not only direct competitors but also automakers that are increasingly reliant on self-distribution", Jefferies analysts said in a note. Jefferies highlighted Autohome's insignificant financial contribution to the group, and added, the deal will allow Ping An "to focus their time and resources on other higher-return businesses". Ping An was looking to offload its stake in Autohome and held talks with several strategic and private equity investors, Reuters reported in 2021, citing sources. The group had bought a 47.4% stake in Autohome in 2016 for $1.6 billion from Australian telecom giant Telstra. Founded in 2005, Autohome serves as an information portal for automobile buyers and an online car-trading marketplace in China. Autohome, with a market cap of $3.93 billion according to data compiled by LSEG, has plummeted over 66% since its March 2021 debut on the Hong Kong Stock Exchange. The company's net income attributable to ordinary shareholders and revenue declined about 13% and 2%, respectively for fiscal 2024.
Reuters
20-02-2025
- Automotive
- Reuters
Haier Group to acquire near 42% stake in Autohome for $1.8 billion
Feb 20 (Reuters) - Hong Kong-listed Autohome ( opens new tab said on Thursday its controlling shareholder Yun Chen Capital Cayman has agreed to sell its 41.91% stake in the company to a unit of Haier Group Corp for $1.8 billion. Yun Chen, a unit of Ping An Insurance ( opens new tab, will cease to be a controlling shareholder of the Chinese online advertising services provider following the sale, retaining around 23.9 million shares, Autohome added in the statement.
