ATHM Autohome Inc.

Overview and Growth

In fiscal 2025, Autohome Inc. recorded $46.55M of revenue, net income of $206.32M, and an operating cash inflow of $127.19M. The $46.55M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 11.1% above fiscal 2024 revenue of $41.92M, marking a year-over-year increase. Diluted earnings per share were $0.42, translating the period’s attributable earnings into the amount reported for each diluted share. Diluted EPS decreased by 8.7% from $0.46 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. Total assets stood at $4.05B, showing the scale of resources supporting revenue, earnings, liquidity, and financing. Asset turnover was 0.01x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $667.54M as gross profit before recognizing operating expenses and other items. The reported operating result was $110.01M, capturing profitability after direct costs and the operating expenses reflected in the statements. The operating result equaled 236.3% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. After all reported below-operating-line items, the company recorded net income of $206.32M for the fiscal year. Net margin was 443.2%, meaning that this portion of revenue remained as net income after all recognized expenses. Pretax income was $219.05M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. The pretax margin was 470.5%, relating income before taxes directly to revenue. The reported income-tax provision was $20.27M, the amount recognized between pretax income and the final net-income result. Relative to pretax income, the tax provision measured 9.3%, quantifying the portion of pre-tax earnings paid in income tax. Return on period-end equity was 6.5%, relating annual net income to the equity capital on the balance sheet. The net-income-to-assets relationship measured 5.1%, showing earnings relative to the full balance sheet.

Liquidity and Capital Structure

At period end, the $4.05B asset base was financed through $573.90M of liabilities and $3.17B of equity. The near-term balance sheet paired $3.03B of current assets with $505.29M of current liabilities at the reporting date. Current assets covered current liabilities by 6.0x, leaving a positive buffer for near-term obligations. Reported cash and equivalents were $311.09M, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 61.6% of current liabilities, showing how much near-term coverage came from cash alone. Liabilities represented 14.2% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 7.7%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $4.14B in fiscal 2024, the current asset base moved 2.2% and finished lower. Reported equity changed 0.5% from $3.19B in fiscal 2024, placing the current capital base lower year over year.

Cash Flow and Earnings Quality

The company reported $127.19M of operating cash flow, a cash inflow that shows the cash generated by operations. Against net income, operating cash flow measured 0.62x, showing the relationship between accrual earnings and operating cash. Capital spending was $16.88M, absorbing part of the cash generated from operations before free cash flow. Capital spending absorbed 13.3% of operating cash flow, quantifying the share of cash from operations directed to investment. Free cash flow came to $110.31M, leaving a positive amount after capital expenditures. Free cash flow represented 236.9% of revenue, linking post-investment cash generation with the company’s operating scale. The free-cash-flow-to-assets relationship was 2.7%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.