Autohome Inc (ATHM) Balance Sheet

NYSE: ATHMAssets, liabilities, debt and equity over 10 years.

ATHM balance sheet, 2025

December 31, 2025 · Chinese yuan

CN¥28.31B assets = CN¥4.01B liabilities + CN¥24.30B equity

Both columns are drawn to the same scale: what ATHM owns equals what it owes plus shareholders’ equity. Hover a block for its value.

ATHM financial health

Current ratio6.00

Comfortable · current assets cover current liabilities 6.00×

Debt / equity0.00

Low leverage · CN¥0.00 of debt for each $1 of equity

Equity / assets81.4%

Equity-funded · of assets funded by shareholders

Cash / debt45,649.8%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles14.1%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

ATHM balance sheet trends, 2016–2025

Autohome Inc balance sheet trends
Metric	Then	Latest	Change
Total assets	CN¥9.39B2016	CN¥28.31B2025	+13.0%/yr
Total liabilities	CN¥437.9M2016	CN¥4.01B2025	+27.9%/yr
Shareholders’ equity	CN¥465.1M2016	CN¥23.04B2025	+54.3%/yr
Cash & short-term investments	CN¥824.4M2016	CN¥19.24B2025	+41.9%/yr
Total debt	CN¥31.1M2016	CN¥42.1M2025	+3.4%/yr
Net cash (debt)	CN¥793.3M2016	CN¥19.20B2025	+CN¥18.4B
Working capital	CN¥704.0M2016	CN¥17.65B2025	+CN¥16.9B
Current ratio	2.922016	6.002025	+3.07
Debt / equity	0.072016	0.002025	−0.06
Shares outstanding	116.0M2016	118.0M2025	+0.2%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

ATHM assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

ATHM liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

ATHM debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

ATHM balance sheet in Chinese yuan

Autohome Inc annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	CN¥19.24B	CN¥23.32B	CN¥23.55B	CN¥22.08B	CN¥20.73B	CN¥2.24B	CN¥1.84B	CN¥1.46B	CN¥1.25B	CN¥824.4M
Cash & equivalents	CN¥2.18B	CN¥1.69B	CN¥5.00B	CN¥2.80B	CN¥4.24B	CN¥267.8M	CN¥285.4M	CN¥30.8M	CN¥140.1M	CN¥474.4M
Short-term investments	CN¥17.06B	CN¥21.62B	CN¥18.55B	CN¥19.28B	CN¥16.50B	CN¥1.97B	CN¥1.55B	CN¥1.43B	CN¥1.11B	CN¥350.0M
Receivables	CN¥1.60B	CN¥1.47B	CN¥1.53B	CN¥2.02B	CN¥2.27B	CN¥523.7M	CN¥477.6M	CN¥2.88B	CN¥1.92B	CN¥1.24B
Inventory	CN¥0	CN¥0	−CN¥41.4M	−CN¥2.00B	CN¥89.9M	CN¥0	CN¥1	−CN¥2.63B	−CN¥1.78B	CN¥13.8M
Other current assets	CN¥347.2M	CN¥380.1M	CN¥487.4M	CN¥2.32B	CN¥238.0M	CN¥47.4M	CN¥33.9M	CN¥200.6M	CN¥185.6M	CN¥0
Total current assets	CN¥21.19B	CN¥25.16B	CN¥25.52B	CN¥24.42B	CN¥23.33B	CN¥2.81B	CN¥2.35B	CN¥1.91B	CN¥1.58B	CN¥1.07B
Property, plant & equipment (net)	CN¥253.2M	CN¥303.0M	CN¥400.2M	CN¥370.4M	CN¥514.9M	CN¥94.7M	CN¥52.1M	CN¥24.7M	CN¥20.0M	CN¥19.4M
Goodwill & intangible assets	CN¥4.00B	CN¥4.07B	CN¥4.14B	CN¥4.22B	CN¥4.30B	CN¥689.9M	CN¥219.9M	CN¥224.4M	CN¥239.0M	CN¥220.9M
Long-term investments	CN¥2.57B	CN¥339.2M	CN¥448.3M	CN¥419.2M	CN¥70.7M	CN¥70.4M	CN¥829.5M	CN¥746.3M	CN¥147.9M	CN¥134.5M
Other non-current assets	CN¥305.8M	CN¥345.9M	CN¥318.3M	CN¥281.0M	CN¥188.9M	CN¥0	CN¥0	CN¥12.85B	CN¥10.31B	CN¥7.95B
Total assets	CN¥28.31B	CN¥30.22B	CN¥30.84B	CN¥29.72B	CN¥28.40B	CN¥3.63B	CN¥2.75B	CN¥15.76B	CN¥12.29B	CN¥9.39B
Liabilities
Accounts payable	—	—	−CN¥1.07B	—	—	—	CN¥0	CN¥0	CN¥0	CN¥4.5M
Short-term debt	CN¥39.2M	CN¥73.6M	CN¥107.0M	CN¥59.8M	CN¥96.2M	CN¥17.1M	CN¥18.5M	CN¥0	CN¥0	CN¥31.1M
Deferred revenue	CN¥278.4M	CN¥392.4M	CN¥961.1M	CN¥1.26B	CN¥1.70B	CN¥220.6M	CN¥216.8M	CN¥1.67B	CN¥1.53B	CN¥1.15B
Total current liabilities	CN¥3.53B	CN¥4.53B	CN¥5.08B	CN¥4.06B	CN¥3.99B	CN¥640.0M	CN¥580.2M	CN¥605.5M	CN¥597.7M	CN¥366.4M
Long-term debt	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Lease obligations	CN¥42.1M	CN¥96.7M	CN¥196.1M	CN¥110.4M	CN¥124.8M	CN¥202.7M	CN¥75.8M	CN¥0	CN¥0	CN¥0
Other long-term liabilities	CN¥479.8M	CN¥491.2M	CN¥587.1M	CN¥568.5M	CN¥605.4M	CN¥112.6M	CN¥72.9M	CN¥480.0M	CN¥470.4M	CN¥496.8M
Total liabilities	CN¥4.01B	CN¥5.02B	CN¥5.66B	CN¥4.63B	CN¥4.59B	CN¥752.6M	CN¥653.2M	CN¥605.5M	CN¥597.7M	CN¥437.9M
Shareholders' equity
Common stock & paid-in capital	CN¥8.7M	CN¥8.7M	CN¥8.6M	CN¥8.6M	CN¥8.5M	CN¥1.2M	CN¥1.2M	CN¥1.2M	CN¥1.2M	CN¥1.1M
Retained earnings (deficit)	CN¥16.65B	CN¥16.74B	CN¥16.60B	CN¥16.20B	CN¥14.81B	CN¥2.06B	CN¥1.54B	CN¥1.09B	CN¥711.2M	CN¥464.0M
Treasury stock	—	—	—	—	—	—	CN¥0	CN¥0	CN¥0	CN¥0
Accumulated other comprehensive income	CN¥399.5M	CN¥495.4M	CN¥442.6M	CN¥369.6M	−CN¥49.9M	CN¥9.5M	CN¥21.3M	CN¥128.4M	CN¥70.0M	CN¥125.0M
Minority interest	CN¥1.25B	CN¥1.25B	CN¥1.25B	CN¥1.20B	—	—	CN¥0	CN¥0	CN¥0	CN¥0
Total shareholders' equity	CN¥23.04B	CN¥23.95B	CN¥23.93B	CN¥23.89B	CN¥22.62B	CN¥2.70B	CN¥2.10B	CN¥1.09B	CN¥712.4M	CN¥465.1M
Key figures
Total debt	CN¥42.1M	CN¥94.2M	CN¥196.1M	CN¥110.4M	CN¥124.8M	CN¥31.0M	CN¥21.8M	CN¥0	CN¥0	CN¥31.1M
Net cash (debt)	CN¥19.20B	CN¥23.22B	CN¥23.35B	CN¥21.97B	CN¥20.61B	CN¥2.21B	CN¥1.82B	CN¥1.46B	CN¥1.25B	CN¥793.3M
Working capital	CN¥17.65B	CN¥20.63B	CN¥20.45B	CN¥20.37B	CN¥19.34B	CN¥2.17B	CN¥1.77B	CN¥1.31B	CN¥978.9M	CN¥704.0M
Tangible book value	CN¥19.05B	CN¥19.88B	CN¥19.78B	CN¥19.67B	CN¥18.33B	CN¥2.01B	CN¥1.88B	CN¥866.8M	CN¥473.4M	CN¥244.2M
Shares outstanding	118.0M	121.6M	122.8M	124.9M	125.1M	119.9M	119.5M	119.2M	118.1M	116.0M
Current ratio	6.00	5.56	5.03	6.02	5.85	4.39	4.05	3.16	2.64	2.92
Quick ratio	5.90	5.47	4.94	5.94	5.77	4.31	3.99	7.17	5.31	5.65
Debt / equity	0.00	0.00	0.01	0.00	0.01	0.01	0.01	0.00	0.00	0.07
Equity / assets	81.4%	79.3%	77.6%	80.4%	79.7%	74.3%	76.4%	6.9%	5.8%	5.0%

Autohome Inc quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	CN¥18.24B	CN¥18.41B	CN¥19.24B	CN¥21.89B	CN¥22.05B	CN¥21.93B	CN¥23.32B	CN¥23.06B	CN¥23.47B	CN¥23.65B	CN¥23.55B	CN¥3.21B
Cash & equivalents	CN¥2.57B	CN¥1.38B	CN¥2.18B	CN¥3.01B	CN¥2.88B	CN¥2.16B	CN¥1.69B	CN¥2.53B	CN¥3.88B	CN¥2.87B	CN¥5.00B	CN¥246.8M
Short-term investments	CN¥15.66B	CN¥17.03B	CN¥17.06B	CN¥18.88B	CN¥19.17B	CN¥19.77B	CN¥21.62B	CN¥20.53B	CN¥19.59B	CN¥20.78B	CN¥18.55B	CN¥2.96B
Receivables	CN¥1.43B	CN¥1.72B	CN¥1.60B	CN¥1.42B	CN¥1.54B	CN¥1.65B	CN¥1.42B	CN¥1.27B	CN¥1.38B	CN¥1.40B	CN¥1.53B	CN¥194.7M
Inventory	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥1	CN¥152.7M	−CN¥41.4M	CN¥1.6M
Other current assets	CN¥667.0M	CN¥405.9M	CN¥347.2M	CN¥374.3M	CN¥352.7M	CN¥414.6M	CN¥425.5M	CN¥481.9M	CN¥531.4M	CN¥437.9M	CN¥487.4M	CN¥56.3M
Total current assets	CN¥20.34B	CN¥20.53B	CN¥21.19B	CN¥23.69B	CN¥23.95B	CN¥23.99B	CN¥25.16B	CN¥24.81B	CN¥25.39B	CN¥25.64B	CN¥25.52B	CN¥3.46B
Property, plant & equipment (net)	CN¥210.6M	CN¥205.3M	CN¥253.2M	CN¥197.5M	CN¥179.1M	CN¥186.4M	CN¥204.0M	CN¥187.9M	CN¥194.1M	CN¥189.7M	CN¥400.2M	CN¥26.8M
Goodwill & intangible assets	CN¥3.99B	CN¥7.99B	CN¥4.00B	CN¥4.01B	CN¥4.03B	CN¥7.99B	CN¥8.01B	CN¥4.09B	CN¥4.11B	CN¥8.07B	CN¥4.14B	CN¥569.9M
Long-term investments	CN¥1.60B	CN¥2.02B	CN¥2.57B	CN¥460.0M	CN¥327.3M	CN¥327.6M	CN¥339.2M	CN¥416.6M	CN¥403.8M	CN¥399.2M	CN¥448.3M	CN¥441.0M
Other non-current assets	CN¥440.8M	CN¥0	CN¥305.8M	CN¥411.1M	CN¥443.8M	CN¥0	CN¥0	CN¥418.1M	CN¥471.5M	CN¥0	CN¥318.3M	CN¥0
Total assets	CN¥26.58B	CN¥27.19B	CN¥28.31B	CN¥28.77B	CN¥28.93B	CN¥29.01B	CN¥30.22B	CN¥29.92B	CN¥30.56B	CN¥30.86B	CN¥30.84B	CN¥4.18B
Liabilities
Accounts payable	—	—	—	—	—	—	—	—	—	−CN¥1.07B	—	−CN¥1.07B
Short-term debt	—	—	CN¥39.2M	—	—	CN¥73.6M	—	—	—	CN¥107.0M	CN¥107.0M	CN¥107.0M
Deferred revenue	CN¥806.2M	CN¥602.2M	CN¥278.4M	CN¥641.3M	CN¥935.3M	CN¥795.1M	—	CN¥716.4M	CN¥1.26B	CN¥1.30B	CN¥961.1M	CN¥165.3M
Total current liabilities	CN¥3.01B	CN¥2.52B	CN¥3.53B	CN¥2.96B	CN¥3.08B	CN¥3.26B	CN¥4.53B	CN¥3.38B	CN¥4.35B	CN¥4.68B	CN¥5.08B	CN¥548.1M
Long-term debt	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Lease obligations	—	—	CN¥42.1M	—	—	—	CN¥96.7M	—	—	—	CN¥196.1M	—
Other long-term liabilities	CN¥503.1M	CN¥514.2M	CN¥479.8M	CN¥492.2M	CN¥495.7M	CN¥500.4M	CN¥491.2M	CN¥507.9M	CN¥531.1M	CN¥573.1M	CN¥587.1M	CN¥80.4M
Total liabilities	CN¥3.51B	CN¥3.03B	CN¥4.01B	CN¥3.45B	CN¥3.58B	CN¥3.76B	CN¥5.02B	CN¥3.89B	CN¥4.88B	CN¥5.25B	CN¥5.66B	CN¥628.5M
Shareholders' equity
Common stock & paid-in capital	—	CN¥22.92B	CN¥8.7M	CN¥24.07B	CN¥24.10B	CN¥24.00B	CN¥23.95B	CN¥24.79B	CN¥24.44B	CN¥24.36B	CN¥8.6M	CN¥24.70B
Retained earnings (deficit)	—	—	CN¥16.65B	—	—	CN¥16.74B	CN¥16.74B	—	—	CN¥16.60B	CN¥16.60B	CN¥16.60B
Accumulated other comprehensive income	—	—	CN¥399.5M	—	—	CN¥495.4M	—	—	—	CN¥442.6M	CN¥442.6M	CN¥442.6M
Minority interest	CN¥1.22B	CN¥1.24B	CN¥1.25B	CN¥1.26B	CN¥1.25B	—	—	—	—	—	—	—
Total shareholders' equity	CN¥21.84B	CN¥22.92B	CN¥23.04B	CN¥24.07B	CN¥24.10B	CN¥24.00B	CN¥23.95B	CN¥24.79B	CN¥24.44B	CN¥24.36B	CN¥23.93B	CN¥3.38B
Key figures
Total debt	—	CN¥56.6M	CN¥42.1M	CN¥32.1M	CN¥33.5M	CN¥35.1M	CN¥23.1M	CN¥39.4M	CN¥58.6M	CN¥77.4M	CN¥196.1M	CN¥80.8M
Net cash (debt)	—	CN¥18.35B	CN¥19.20B	CN¥21.86B	CN¥22.02B	CN¥21.90B	CN¥23.29B	CN¥23.02B	CN¥23.42B	CN¥23.57B	CN¥23.35B	CN¥3.13B
Working capital	CN¥17.33B	CN¥18.01B	CN¥17.65B	CN¥20.73B	CN¥20.87B	CN¥20.74B	CN¥20.63B	CN¥21.43B	CN¥21.04B	CN¥20.96B	CN¥20.45B	CN¥2.91B
Tangible book value	CN¥17.85B	CN¥14.93B	CN¥19.05B	CN¥20.05B	CN¥20.07B	CN¥16.01B	CN¥15.94B	CN¥20.71B	CN¥20.34B	CN¥16.30B	CN¥19.78B	CN¥2.81B
Shares outstanding	117.4M	117.4M	117.4M	115.3M	119.5M	119.5M	121.9M	121.9M	121.6M	121.3M	121.4M	122.7M
Current ratio	6.75	8.15	6.00	8.01	7.77	7.37	5.56	7.34	5.84	5.48	5.03	6.31
Quick ratio	6.53	7.99	5.90	7.88	7.66	7.24	5.46	7.20	5.71	5.36	4.94	6.21
Debt / equity	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.02
Equity / assets	82.2%	84.3%	81.4%	83.6%	83.3%	82.7%	79.3%	82.9%	80.0%	79.0%	77.6%	80.9%

Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported (latest annual report filed April 15, 2026); data from EODHD.

ATHM financial position

At the end of fiscal 2025 (December 31, 2025), Autohome had total assets of CN¥28.3 billion (down 6.3% from a year earlier), total liabilities of CN¥4.0 billion and shareholders' equity of CN¥23.0 billion. It held CN¥19.2 billion in cash and short-term investments against CN¥42.1 million of debt, a net cash position of CN¥19.2 billion. Its current ratio was 6.00. In the latest quarter (ended June 30, 2026) total assets were CN¥26.6 billion and equity CN¥21.8 billion.

Related: ATHM income statement, ATHM cash flow statement, ATHM key metrics. See the ATHM stock overview for the latest quote and news.

ATHM balance sheet FAQ

What are Autohome's total assets?

Autohome reported total assets of CN¥28.3 billion at the end of fiscal 2025 (December 31, 2025), compared with CN¥30.2 billion a year earlier.

How much debt does Autohome have?

Autohome had CN¥42.1 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.00.

How much cash does Autohome have?

Autohome held CN¥19.2 billion in cash and short-term investments at the end of fiscal 2025; with CN¥42.1 million of debt that is net cash of CN¥19.2 billion.

What is Autohome's book value?

Autohome's shareholders' equity (book value) was CN¥23.0 billion at the end of fiscal 2025.

What is Autohome's current ratio?

Autohome had current assets of CN¥21.2 billion and current liabilities of CN¥3.5 billion, a current ratio of 6.00 (it can cover its short-term obligations).

How much goodwill does Autohome have?

Autohome carried CN¥4.0 billion of goodwill and intangible assets, 14.1% of total assets, at the end of fiscal 2025.