ATHM FY 2017 Earnings Report — Autohome Inc. Revenue & Financial Results | Market Cap Arena

Autohome Inc.ATHM

FY 2017 Earnings

Reported April 13, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$907M	—	$871M	—	4.2%
Op. Income	$299M	—	$169M	—	77.2%
Gross Margin	78.1%	—	59.9%	—	18.3pp
Net Margin	32.2%	—	20.6%	—	11.6pp
EPS (Diluted)	$2.48	—	$1.55	—	60.2%
Free Cash Flow	$346M	—	$225M	—	53.9%

Revenue Flow

Item	Amount
REVENUE	$907M
Cost of Revenue	$199M
GROSS PROFIT	$709M
R&D Expenses	$128M
Selling & Marketing	$241M
General & Administrative	$41M
SG&A Expenses	$282M
Other Expenses	-$1M
Operating Expenses	$409M
Cost & Expenses	$608M
OPERATING INCOME	$299M
Interest Income	$32M
Interest Expense	$0
Other Income/Expenses	$32M
INCOME BEFORE TAX	$330M
Income Tax Expense	$39M
Net Income from Continuing Ops	$291M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$292M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$292M
D&A	$13M
EBIT	$300M
EBITDA	$313M
EPS	$3
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$907M
Cost of Revenue	$199M
GROSS PROFIT	$709M
R&D Expenses	$128M
Selling & Marketing	$241M
General & Administrative	$41M
SG&A Expenses	$282M
Other Expenses	-$1M
Operating Expenses	$409M
Cost & Expenses	$608M
OPERATING INCOME	$299M
Interest Income	$32M
Interest Expense	$0
Other Income/Expenses	$32M
INCOME BEFORE TAX	$330M
Income Tax Expense	$39M
Net Income from Continuing Ops	$291M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$292M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$292M
D&A	$13M
EBIT	$300M
EBITDA	$313M
EPS	$3
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$291M
Depreciation & Amortization	$13M
Stock-Based Compensation	$26M
Deferred Income Tax	$2M
Other Non-Cash Items	-$2M
Change in Working Capital	$31M
OPERATING CASH FLOW	$361M
Capital Expenditure	-$16M
Acquisitions (Net)	$3M
Purchases of Investments	-$2.9B
Sales/Maturities of Investments	$2.2B
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$718M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$9M
NET CASH FROM FINANCING	$9M
FREE CASH FLOW	$346M
Net Change in Cash	-$348M

Balance Sheet

Item	Amount
Cash & Equivalents	$20M
Short-Term Investments	$163M
Net Receivables	$280M
Inventory	-$260M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$230M
PP&E (Net)	$3M
Goodwill	$34M
Intangible Assets	$1M
Long-Term Investments	$3M
Tax Assets	$26M
Other Non-Current Assets	-$26M
TOTAL NON-CURRENT ASSETS	$41M
TOTAL ASSETS	$1.8B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$223M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$87M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$64M
Other Non-Current Liabilities	$69M
TOTAL NON-CURRENT LIABILITIES	$69M
TOTAL LIABILITIES	$87M
Common Stock	$177.6K
Additional Paid-In Capital	$474M
Retained Earnings	$104M
Treasury Stock	$0
Accum. Other Comp. Income	$10M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$104M
Minority Interest	-$2M
TOTAL EQUITY	$102M
TOTAL LIABILITIES & EQUITY	$1.8B
Total Debt	$0
Net Debt	-$20M