Autohome Inc ADR
ATHM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $y? | LOCK|%@ | LOCK|hR@Rg&R |
Autohome Earnings: Revenue In Line but Profit Missed; Controlling Shareholder Changed Hands
Rising content investment and offline expansion led to a 480-basis-point decline in Autohome's December-quarter gross margin and, correspondingly, a 30% year-on-year drop in net profit. The Haier group is now the major shareholder following the completion of the purchase of a 41.9% stake.
