ATHM FY 2016 Earnings Report — Autohome Inc. Revenue & Financial Results | Market Cap Arena

Autohome Inc.ATHM

FY 2016 Earnings

Reported April 25, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$871M	—	$506M	—	72.1%
Op. Income	$169M	—	$175M	—	-3.9%
Gross Margin	59.9%	—	80.7%	—	-20.8pp
Net Margin	20.6%	—	28.6%	—	-8.0pp
EPS (Diluted)	$1.55	—	$1.25	—	23.5%
Free Cash Flow	$225M	—	$201M	—	12.0%

Revenue Flow

Item	Amount
REVENUE	$871M
Cost of Revenue	$350M
GROSS PROFIT	$521M
R&D Expenses	$83M
Selling & Marketing	$225M
General & Administrative	$45M
SG&A Expenses	$269M
Other Expenses	$0
Operating Expenses	$351M
Cost & Expenses	$701M
OPERATING INCOME	$169M
Interest Income	$13M
Interest Expense	$0
Other Income/Expenses	$14M
INCOME BEFORE TAX	$182M
Income Tax Expense	$5M
Net Income from Continuing Ops	$178M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$179M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$179M
D&A	$10M
EBIT	$171M
EBITDA	$181M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$871M
Cost of Revenue	$350M
GROSS PROFIT	$521M
R&D Expenses	$83M
Selling & Marketing	$225M
General & Administrative	$45M
SG&A Expenses	$269M
Other Expenses	$0
Operating Expenses	$351M
Cost & Expenses	$701M
OPERATING INCOME	$169M
Interest Income	$13M
Interest Expense	$0
Other Income/Expenses	$14M
INCOME BEFORE TAX	$182M
Income Tax Expense	$5M
Net Income from Continuing Ops	$178M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$179M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$179M
D&A	$10M
EBIT	$171M
EBITDA	$181M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$178M
Depreciation & Amortization	$10M
Stock-Based Compensation	$29M
Deferred Income Tax	-$15M
Other Non-Cash Items	$8M
Change in Working Capital	$28M
OPERATING CASH FLOW	$238M
Capital Expenditure	-$13M
Acquisitions (Net)	$0
Purchases of Investments	-$618M
Sales/Maturities of Investments	$556M
Other Investing Activities	$78.8K
NET CASH FROM INVESTING	-$75M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$4M
NET CASH FROM FINANCING	$4M
FREE CASH FLOW	$225M
Net Change in Cash	$167M

Balance Sheet

Item	Amount
Cash & Equivalents	$69M
Short-Term Investments	$51M
Net Receivables	$182M
Inventory	$2M
Other Current Assets	$56M
TOTAL CURRENT ASSETS	$156M
PP&E (Net)	$3M
Goodwill	$32M
Intangible Assets	$624.3K
Long-Term Investments	$3M
Tax Assets	$3M
Other Non-Current Assets	-$3M
TOTAL NON-CURRENT ASSETS	$38M
TOTAL ASSETS	$1.4B
Account Payables	$0
Short-Term Debt	$5M
Deferred Revenue	$169M
Other Current Liabilities	$104M
TOTAL CURRENT LIABILITIES	$54M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$67M
Other Non-Current Liabilities	$73M
TOTAL NON-CURRENT LIABILITIES	$73M
TOTAL LIABILITIES	$64M
Common Stock	$163.8K
Additional Paid-In Capital	$439M
Retained Earnings	$68M
Treasury Stock	$0
Accum. Other Comp. Income	$18M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$68M
Minority Interest	-$1M
TOTAL EQUITY	$67M
TOTAL LIABILITIES & EQUITY	$1.4B
Total Debt	$5M
Net Debt	-$65M