T.H. Capital - Autohome Inc. Sponsored ADR Class A (ATHM) ATHM: Negative Impact from New Auto Emission Policy; 2Q19 Revenue Likely To Be Inline With Consensus

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T.H. Capital

Tian Hou

EUR 184.24 For Business Accounts Only

ATHM: Negative Impact from New Auto Emission Policy; 2Q19 Revenue Likely To Be Inline With Consensus

ATHM will report 2Q19 results on August 7th before the markets open with an 8am EST conference call. ATHM’s fundamentals are likely to be impacted by the weaker consumer spending in the auto sector as well as the new National Emission Standard (Guo 6). The number of paying dealers did not bounce back in 2Q19 like it used to in previous years.

31/07/2019 1 EN

Underlying

Autohome Inc. Sponsored ADR Class A

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US05278C1071 New York Stock Exchange United States

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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: Negative Impact from New Auto Emission Policy; 2Q19 Revenue Likely To Be Inline With 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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