T.H. Capital - Autohome Inc. Sponsored ADR Class A (ATHM) ATHM: China Auto Market Is Growing At A Steady Rate Post COVID; Expect 1Q21 To Be Better Than Consensus

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T.H. Capital

Tian Hou

EUR 229.48 For Business Accounts Only

ATHM: China Auto Market Is Growing At A Steady Rate Post COVID; Expect 1Q21 To Be Better Than Consensus

ATHM will report 4Q20 earnings on February 2nd before the markets open with a 6:30am EST conference call. We are positive on ATHM’s 4Q20 earnings as well the 1Q21 outlook, as the underlying auto industry is still in a recovering trend.

01/02/2021 5 EN

Underlying

Autohome Inc. Sponsored ADR Class A

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US05278C1071 New York Stock Exchange United States

Provider

T.H. Capital

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.

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Analysts

Tian Hou

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ATHM: China Auto Market Is Growing At A Steady Rate Post COVID; Expect 1Q21 To Be Better Than Consensus

ATHM: Positive On 1Q24 Performance Due To Improvement In The Auto Market, Mainly Driven By EV Car Sales; The Adoption of Trade-In Policy Is Likely to Further Boost Sales

ATHM: Higher EV Car Sales Positive For ATHM’s 4Q23 Performance Along With Improving Auto Industry

ATHM: Neutral On 3Q23 Performance On Muted Auto Industry Data

BZ: Positive On 1Q24 Performance, Supported By Listings Growth In Service, Commodity Manufacturing & Other Sectors

PDD: Positive On 1Q24 Performance Driven By Rapid Growth From Temu

BIDU: Positive On Long-Term Outlook; Monetization In AI To Drive Future Growth

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