ATHM: Better Lead Generation Platform Is Highly Demanded When Auto Market Is Weaker, And Likely To Lead To Better 1Q19
ATHM will report 1Q19 results on May 8th before the markets open with an 8am EST conference call. Based on our data and calculations, we believe Autohome’s 1Q19 revenue is likely to be better than consensus at RMB1,580M and our estimate at RMB1,571M. China’s auto market in 1Q19 was indeed weak with ~15 Y/Y decline in auto sales. However, under this kind of weak market, the demand for leads is high, and Autohome benefits from such demand with its big data and data driven lead operation.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.