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Autohome (BSP:A1TH34) Gross Profit : R$4,019 Mil (TTM As of Mar. 2024)


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What is Autohome Gross Profit?

Autohome's gross profit for the three months ended in Mar. 2024 was R$905 Mil. Autohome's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was R$4,019 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Autohome's gross profit for the three months ended in Mar. 2024 was R$905 Mil. Autohome's Revenue for the three months ended in Mar. 2024 was R$1,113 Mil. Therefore, Autohome's Gross Margin % for the quarter that ended in Mar. 2024 was 81.30%.

Autohome had a gross margin of 81.30% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Autohome was 88.90%. The lowest was 59.86%. And the median was 82.16%.

Warning Sign:

Autohome Inc gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


Autohome Gross Profit Historical Data

The historical data trend for Autohome's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Autohome Gross Profit Chart

Autohome Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,365.95 6,055.81 5,494.92 4,292.85 3,961.08

Autohome Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 902.06 1,018.54 1,037.07 1,059.23 904.60

Competitive Comparison of Autohome's Gross Profit

For the Internet Content & Information subindustry, Autohome's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Autohome's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Autohome's Gross Profit distribution charts can be found below:

* The bar in red indicates where Autohome's Gross Profit falls into.



Autohome Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Autohome's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=4929.949 - 968.871
=3,961

Autohome's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1112.66 - 208.065
=905

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$4,019 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Autohome's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=905 / 1112.66
=81.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Autohome  (BSP:A1TH34) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Autohome had a gross margin of 81.30% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Autohome Gross Profit Related Terms

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Autohome (BSP:A1TH34) Business Description

Traded in Other Exchanges
Address
3 Dan Ling Street, 18th Floor, Tower B, CEC Plaza, Haidian District, Beijing, CHN, 100080
Founded in 2008 as a media content platform, Autohome is the leading online automobile platform in China, ranking first among automotive service platforms in terms of mobile daily active users, according to QuestMobile. Through its two websites, autohome.com.cn and che168.com, Autohome delivers comprehensive, independent and interactive content and tools to automobile consumers as well as a full suite of services to automakers and dealers. According to iResearch, the company was the largest online automotive advertising and lead generation service provider with 30% market share, in terms of media services and lead generation revenue, in China's online auto platform media advertising market in 2019.

Autohome (BSP:A1TH34) Headlines

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