ATHM FY 2018 Earnings Report — Autohome Inc. Revenue & Financial Results | Market Cap Arena

Autohome Inc.ATHM

FY 2018 Earnings

Reported April 12, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$1.1B	—	$907M	—	16.5%
Op. Income	$419M	—	$299M	—	40.4%
Gross Margin	88.7%	—	78.1%	—	10.5pp
Net Margin	39.7%	—	32.2%	—	7.5pp
EPS (Diluted)	$3.52	—	$2.48	—	42.1%
Free Cash Flow	$438M	—	$346M	—	26.7%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$120M
GROSS PROFIT	$937M
R&D Expenses	$166M
Selling & Marketing	$356M
General & Administrative	$46M
SG&A Expenses	$402M
Other Expenses	-$2M
Operating Expenses	$518M
Cost & Expenses	$638M
OPERATING INCOME	$419M
Interest Income	$52M
Interest Expense	$0
Other Income/Expenses	$54M
INCOME BEFORE TAX	$474M
Income Tax Expense	$55M
Net Income from Continuing Ops	$418M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$419M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$419M
D&A	$15M
EBIT	$419M
EBITDA	$434M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$120M
GROSS PROFIT	$937M
R&D Expenses	$166M
Selling & Marketing	$356M
General & Administrative	$46M
SG&A Expenses	$402M
Other Expenses	-$2M
Operating Expenses	$518M
Cost & Expenses	$638M
OPERATING INCOME	$419M
Interest Income	$52M
Interest Expense	$0
Other Income/Expenses	$54M
INCOME BEFORE TAX	$474M
Income Tax Expense	$55M
Net Income from Continuing Ops	$418M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$419M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$419M
D&A	$15M
EBIT	$419M
EBITDA	$434M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$418M
Depreciation & Amortization	$15M
Stock-Based Compensation	$30M
Deferred Income Tax	$15M
Other Non-Cash Items	-$11M
Change in Working Capital	-$12M
OPERATING CASH FLOW	$455M
Capital Expenditure	-$17M
Acquisitions (Net)	$15.2K
Purchases of Investments	-$8.1B
Sales/Maturities of Investments	$7.6B
Other Investing Activities	$82.0K
NET CASH FROM INVESTING	-$482M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$87M
Other Financing Activities	$8M
NET CASH FROM FINANCING	-$79M
FREE CASH FLOW	$438M
Net Change in Cash	-$101M

Balance Sheet

Item	Amount
Cash & Equivalents	$5M
Short-Term Investments	$209M
Net Receivables	$421M
Inventory	-$385M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$279M
PP&E (Net)	$4M
Goodwill	$32M
Intangible Assets	$837.0K
Long-Term Investments	$16M
Tax Assets	$13M
Other Non-Current Assets	-$13M
TOTAL NON-CURRENT ASSETS	$52M
TOTAL ASSETS	$2.3B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$243M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$88M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$67M
Other Non-Current Liabilities	$4M
TOTAL NON-CURRENT LIABILITIES	$70M
TOTAL LIABILITIES	$88M
Common Stock	$169.3K
Additional Paid-In Capital	$511M
Retained Earnings	$159M
Treasury Stock	$0
Accum. Other Comp. Income	$19M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$159M
Minority Interest	-$3M
TOTAL EQUITY	$156M
TOTAL LIABILITIES & EQUITY	$2.3B
Total Debt	$0
Net Debt	-$5M