ATHM FY 2015 Earnings Report — Autohome Inc. Revenue & Financial Results | Market Cap Arena

Autohome Inc.ATHM

FY 2015 Earnings

Reported March 17, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$506M	—	$312M	—	62.4%
Op. Income	$175M	—	$132M	—	32.7%
Gross Margin	80.7%	—	82.1%	—	-1.4pp
Net Margin	28.6%	—	35.1%	—	-6.5pp
EPS (Diluted)	$1.25	—	$0.97	—	29.1%
Free Cash Flow	$200M	—	$143M	—	39.9%

Revenue Flow

Item	Amount
REVENUE	$506M
Cost of Revenue	$98M
GROSS PROFIT	$408M
R&D Expenses	$40M
Selling & Marketing	$165M
General & Administrative	$28M
SG&A Expenses	$193M
Other Expenses	$0
Operating Expenses	$231M
Cost & Expenses	$329M
OPERATING INCOME	$175M
Interest Income	$9M
Interest Expense	$0
Other Income/Expenses	$11M
INCOME BEFORE TAX	$186M
Income Tax Expense	$42M
Net Income from Continuing Ops	$145M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$145M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$145M
D&A	$8M
EBIT	$175M
EBITDA	$183M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$506M
Cost of Revenue	$98M
GROSS PROFIT	$408M
R&D Expenses	$40M
Selling & Marketing	$165M
General & Administrative	$28M
SG&A Expenses	$193M
Other Expenses	$0
Operating Expenses	$231M
Cost & Expenses	$329M
OPERATING INCOME	$175M
Interest Income	$9M
Interest Expense	$0
Other Income/Expenses	$11M
INCOME BEFORE TAX	$186M
Income Tax Expense	$42M
Net Income from Continuing Ops	$145M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$145M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$145M
D&A	$8M
EBIT	$175M
EBITDA	$183M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$145M
Depreciation & Amortization	$8M
Stock-Based Compensation	$16M
Deferred Income Tax	-$945.7K
Other Non-Cash Items	$386.6K
Change in Working Capital	$45M
OPERATING CASH FLOW	$213M
Capital Expenditure	-$13M
Acquisitions (Net)	$0
Purchases of Investments	-$561M
Sales/Maturities of Investments	$514M
Other Investing Activities	$86.9K
NET CASH FROM INVESTING	-$60M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$4M
NET CASH FROM FINANCING	$4M
FREE CASH FLOW	$200M
Net Change in Cash	$160M

Balance Sheet

Item	Amount
Cash & Equivalents	$48M
Short-Term Investments	$44M
Net Receivables	$164M
Inventory	$3M
Other Current Assets	$65M
TOTAL CURRENT ASSETS	$129M
PP&E (Net)	$2M
Goodwill	$34M
Intangible Assets	$768.3K
Long-Term Investments	$3M
Tax Assets	$0
Other Non-Current Assets	-$40M
TOTAL NON-CURRENT ASSETS	$40M
TOTAL ASSETS	$1.1B
Account Payables	$0
Short-Term Debt	$26M
Deferred Revenue	$134M
Other Current Liabilities	$57M
TOTAL CURRENT LIABILITIES	$49M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$72M
Other Non-Current Liabilities	$76M
TOTAL NON-CURRENT LIABILITIES	$76M
TOTAL LIABILITIES	$60M
Common Stock	$171.7K
Additional Paid-In Capital	$407M
Retained Earnings	$45M
Treasury Stock	$0
Accum. Other Comp. Income	$9M
Other Equity	$246M
TOTAL STOCKHOLDERS' EQUITY	$45M
Minority Interest	$0
TOTAL EQUITY	$45M
TOTAL LIABILITIES & EQUITY	$1.1B
Total Debt	$26M
Net Debt	-$23M