Autohome Total Assets vs Good Will Analysis

ATHM Stock

USD 28.97 0.40 1.36%

Autohome financial indicator trend analysis is way more than just evaluating Autohome prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autohome is a good investment. Please check the relationship between Autohome Total Assets and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autohome. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Autohome Stock, please use our How to Invest in Autohome guide.

Total Assets vs Good Will

Total Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Autohome Total Assets account and Good Will. At this time, the significance of the direction appears to have strong relationship.

The correlation between Autohome's Total Assets and Good Will is 0.61. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Autohome, assuming nothing else is changed. The correlation between historical values of Autohome's Total Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Autohome are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Assets i.e., Autohome's Total Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Assets

Total assets refers to the total amount of Autohome assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Autohome books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Autohome's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autohome current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autohome. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Autohome Stock, please use our How to Invest in Autohome guide.As of the 15th of May 2024, Enterprise Value is likely to grow to about 27.8 B, while Selling General Administrative is likely to drop about 293.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	6.2B	5.7B	5.8B	4.3B
Total Revenue	7.2B	6.9B	7.2B	5.2B

Gross Profit Total Revenue

Autohome fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Non Currrent Assets Other
Common Stock Shares Outstanding		0.87	0.46	0.69	0.67	0.82	0.66	0.86	-0.64	0.69	0.65	0.56	0.7	0.77	0.51	0.88	0.59	0.63	0.54	0.65	0.78	0.7	0.48	0.31	0.71	0.45
Total Assets	0.87		0.51	0.71	0.7	0.87	0.71	0.74	-0.65	0.73	0.64	0.64	0.72	0.72	0.61	0.86	0.68	0.66	0.6	0.68	0.83	0.73	0.61	0.42	0.82	0.48
Other Current Liab	0.46	0.51		0.93	0.93	0.39	0.92	0.17	-0.92	0.93	0.93	0.91	0.94	0.29	0.88	0.62	0.65	0.42	0.92	0.94	0.73	0.93	0.67	0.83	0.52	0.51
Total Current Liabilities	0.69	0.71	0.93		0.99	0.64	0.99	0.49	-0.92	0.99	0.93	0.95	0.98	0.58	0.9	0.75	0.77	0.55	0.93	1.0	0.77	0.99	0.76	0.82	0.75	0.69
Total Stockholder Equity	0.67	0.7	0.93	0.99		0.6	0.99	0.44	-0.96	1.0	0.96	0.97	1.0	0.5	0.94	0.72	0.75	0.5	0.97	0.99	0.81	1.0	0.8	0.84	0.71	0.6
Other Liab	0.82	0.87	0.39	0.64	0.6		0.63	0.87	-0.51	0.63	0.5	0.53	0.6	0.85	0.48	0.8	0.57	0.64	0.46	0.62	0.59	0.62	0.52	0.35	0.84	0.63
Property Plant And Equipment Net	0.66	0.71	0.92	0.99	0.99	0.63		0.46	-0.91	0.99	0.91	0.98	0.97	0.56	0.95	0.7	0.83	0.56	0.95	0.99	0.77	0.99	0.85	0.84	0.79	0.65
Current Deferred Revenue	0.86	0.74	0.17	0.49	0.44	0.87	0.46		-0.35	0.47	0.35	0.34	0.45	0.91	0.28	0.71	0.45	0.56	0.29	0.46	0.43	0.47	0.37	0.13	0.73	0.55
Net Debt	-0.64	-0.65	-0.92	-0.92	-0.96	-0.51	-0.91	-0.35		-0.94	-1.0	-0.9	-0.98	-0.34	-0.88	-0.73	-0.58	-0.44	-0.96	-0.92	-0.84	-0.96	-0.68	-0.77	-0.53	-0.46
Retained Earnings	0.69	0.73	0.93	0.99	1.0	0.63	0.99	0.47	-0.94		0.95	0.97	0.99	0.54	0.93	0.74	0.79	0.55	0.96	0.99	0.81	1.0	0.81	0.82	0.75	0.62
Cash	0.65	0.64	0.93	0.93	0.96	0.5	0.91	0.35	-1.0	0.95		0.9	0.98	0.34	0.88	0.73	0.59	0.45	0.96	0.92	0.85	0.96	0.68	0.77	0.53	0.44
Non Current Assets Total	0.56	0.64	0.91	0.95	0.97	0.53	0.98	0.34	-0.9	0.97	0.9		0.95	0.43	0.99	0.62	0.79	0.47	0.96	0.96	0.75	0.96	0.89	0.9	0.72	0.54
Cash And Short Term Investments	0.7	0.72	0.94	0.98	1.0	0.6	0.97	0.45	-0.98	0.99	0.98	0.95		0.49	0.92	0.76	0.72	0.51	0.96	0.97	0.84	1.0	0.77	0.8	0.68	0.56
Net Receivables	0.77	0.72	0.29	0.58	0.5	0.85	0.56	0.91	-0.34	0.54	0.34	0.43	0.49		0.36	0.65	0.61	0.55	0.34	0.56	0.38	0.53	0.44	0.28	0.84	0.74
Good Will	0.51	0.61	0.88	0.9	0.94	0.48	0.95	0.28	-0.88	0.93	0.88	0.99	0.92	0.36		0.56	0.76	0.43	0.95	0.92	0.74	0.92	0.91	0.9	0.67	0.44
Common Stock Total Equity	0.88	0.86	0.62	0.75	0.72	0.8	0.7	0.71	-0.73	0.74	0.73	0.62	0.76	0.65	0.56		0.56	0.72	0.59	0.72	0.77	0.75	0.46	0.37	0.66	0.44
Non Current Liabilities Total	0.59	0.68	0.65	0.77	0.75	0.57	0.83	0.45	-0.58	0.79	0.59	0.79	0.72	0.61	0.76	0.56		0.7	0.67	0.78	0.6	0.75	0.85	0.59	0.89	0.57
Other Current Assets	0.63	0.66	0.42	0.55	0.5	0.64	0.56	0.56	-0.44	0.55	0.45	0.47	0.51	0.55	0.43	0.72	0.7		0.38	0.53	0.5	0.53	0.49	0.21	0.72	0.41
Other Stockholder Equity	0.54	0.6	0.92	0.93	0.97	0.46	0.95	0.29	-0.96	0.96	0.96	0.96	0.96	0.34	0.95	0.59	0.67	0.38		0.94	0.77	0.96	0.79	0.88	0.6	0.53
Total Liab	0.65	0.68	0.94	1.0	0.99	0.62	0.99	0.46	-0.92	0.99	0.92	0.96	0.97	0.56	0.92	0.72	0.78	0.53	0.94		0.75	0.99	0.78	0.86	0.75	0.69
Property Plant And Equipment Gross	0.78	0.83	0.73	0.77	0.81	0.59	0.77	0.43	-0.84	0.81	0.85	0.75	0.84	0.38	0.74	0.77	0.6	0.5	0.77	0.75		0.82	0.6	0.54	0.56	0.24
Total Current Assets	0.7	0.73	0.93	0.99	1.0	0.62	0.99	0.47	-0.96	1.0	0.96	0.96	1.0	0.53	0.92	0.75	0.75	0.53	0.96	0.99	0.82		0.78	0.81	0.72	0.61
Intangible Assets	0.48	0.61	0.67	0.76	0.8	0.52	0.85	0.37	-0.68	0.81	0.68	0.89	0.77	0.44	0.91	0.46	0.85	0.49	0.79	0.78	0.6	0.78		0.73	0.78	0.38
Common Stock	0.31	0.42	0.83	0.82	0.84	0.35	0.84	0.13	-0.77	0.82	0.77	0.9	0.8	0.28	0.9	0.37	0.59	0.21	0.88	0.86	0.54	0.81	0.73		0.54	0.57
Property Plant Equipment	0.71	0.82	0.52	0.75	0.71	0.84	0.79	0.73	-0.53	0.75	0.53	0.72	0.68	0.84	0.67	0.66	0.89	0.72	0.6	0.75	0.56	0.72	0.78	0.54		0.71
Non Currrent Assets Other	0.45	0.48	0.51	0.69	0.6	0.63	0.65	0.55	-0.46	0.62	0.44	0.54	0.56	0.74	0.44	0.44	0.57	0.41	0.53	0.69	0.24	0.61	0.38	0.57	0.71

Click cells to compare fundamentals

Autohome Account Relationship Matchups

Autohome fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	119.5M	119.9M	125.1M	124.9M	122.8M	126.5M
Total Assets	19.2B	23.7B	28.5B	29.7B	30.8B	16.1B
Other Current Liab	2.4B	2.6B	2.2B	(714.5M)	5.1B	5.3B
Total Current Liabilities	4.0B	4.2B	4.0B	588.5M	5.1B	5.3B
Total Stockholder Equity	14.6B	17.6B	22.8B	2.3B	23.9B	25.1B
Other Liab	561.0M	645.8M	576.8M	517.9M	595.6M	344.9M
Property Plant And Equipment Net	281.8M	410.1M	381.5M	53.7M	400.2M	420.2M
Current Deferred Revenue	1.5B	1.4B	1.7B	1.2B	961.1M	1.1B
Net Debt	(1.9B)	(1.5B)	(4.1B)	(295.8M)	(4.8B)	(4.6B)
Retained Earnings	10.7B	13.5B	14.9B	2.3B	16.6B	17.4B
Cash	2.0B	1.8B	4.2B	406.2M	5.0B	5.2B
Non Current Assets Total	2.8B	5.4B	5.2B	726.4M	5.3B	5.6B
Cash And Short Term Investments	12.8B	14.6B	20.7B	3.2B	23.5B	24.7B
Net Receivables	3.3B	3.2B	2.2B	2.0B	1.5B	1.8B
Common Stock Total Equity	7.9M	8.0M	8.0M	8.1M	9.3M	8.3M
Liabilities And Stockholders Equity	19.2B	23.7B	28.5B	29.7B	30.8B	16.1B
Non Current Liabilities Total	584.0M	736.4M	605.4M	568.5M	587.1M	597.3M
Other Current Assets	302.3M	563.2M	280.2M	357.5M	487.4M	307.3M
Other Stockholder Equity	3.8B	4.1B	7.9B	(369.6M)	6.9B	7.2B
Total Liab	4.5B	4.9B	4.6B	588.5M	5.7B	5.9B
Property Plant And Equipment Gross	362.8M	619.4M	1.3B	1.4B	1.5B	1.6B
Total Current Assets	16.4B	18.4B	23.3B	3.5B	25.5B	26.8B
Accumulated Other Comprehensive Income	148.4M	62.3M	(49.9M)	369.6M	442.6M	464.8M
Intangible Assets	27.7M	440.4M	357.4M	40.4M	202.1M	212.3M
Common Stock	8.0M	8.1M	8.5M	1.2M	8.6M	9.0M
Property Plant Equipment	362.8M	619.4M	381.5M	255.3M	293.6M	200.8M
Non Currrent Assets Other	884.2M	294.8M	146.1M	(265.6M)	22.7M	23.8M
Other Assets	73.1M	165.1M	24.1B	25.4B	517.6M	491.7M
Inventory	(2.6B)	1.0	89.9M	(2.0B)	(41.4M)	(43.5M)
Short Long Term Debt Total	75.8M	202.7M	124.8M	110.4M	196.1M	101.0M
Net Tangible Assets	13.1B	13.1B	18.3B	19.7B	22.6B	23.7B
Short Term Investments	10.8B	12.9B	16.5B	2.8B	18.6B	19.5B
Long Term Investments	829.5M	70.4M	70.7M	419.2M	448.3M	311.5M
Short Term Debt	52.8M	112.1M	96.2M	59.8M	107.0M	66.3M
Capital Lease Obligations	75.8M	202.7M	124.8M	110.4M	196.1M	205.9M
Non Current Liabilities Other	22.5M	104.9M	28.6M	50.6M	58.2M	40.9M
Net Invested Capital	14.6B	17.6B	22.8B	23.9B	23.9B	19.2B

Autohome Investors Sentiment

The influence of Autohome's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Autohome. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Autohome's public news can be used to forecast risks associated with an investment in Autohome. The trend in average sentiment can be used to explain how an investor holding Autohome can time the market purely based on public headlines and social activities around Autohome. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Autohome's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Autohome's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Autohome's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Autohome.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Autohome in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Autohome's short interest history, or implied volatility extrapolated from Autohome options trading.

Pair Trading with Autohome

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Autohome position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Autohome will appreciate offsetting losses from the drop in the long position's value.

Moving together with Autohome Stock

0.71

Weibo Corp Financial Report 23rd of May 2024

Pair Corr

The ability to find closely correlated positions to Autohome could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autohome when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Autohome - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Autohome to buy it.

The correlation of Autohome is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Autohome moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autohome moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Autohome can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Autohome is a strong investment it is important to analyze Autohome's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Autohome's future performance. For an informed investment choice regarding Autohome Stock, refer to the following important reports:

How To Invest In Autohome

Details

Is Autohome Stock a good investment?

Details

What is Autohome's Net Worth?

Details

Largest Interactive Media & Services Companies

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Largest Internet Content & Information Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autohome. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Autohome Stock, please use our How to Invest in Autohome guide.

Note that the Autohome information on this page should be used as a complementary analysis to other Autohome's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Autohome Stock analysis

When running Autohome's price analysis, check to measure Autohome's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Autohome is operating at the current time. Most of Autohome's value examination focuses on studying past and present price action to predict the probability of Autohome's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autohome's price. Additionally, you may evaluate how the addition of Autohome to your portfolios can decrease your overall portfolio volatility.

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Is Autohome's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Autohome. If investors know Autohome will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Autohome listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.01)

Dividend Share

8.155

Earnings Share

2.12

Revenue Per Share

59.542

Quarterly Revenue Growth

0.049

The market value of Autohome is measured differently than its book value, which is the value of Autohome that is recorded on the company's balance sheet. Investors also form their own opinion of Autohome's value that differs from its market value or its book value, called intrinsic value, which is Autohome's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Autohome's market value can be influenced by many factors that don't directly affect Autohome's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Autohome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autohome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autohome's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Autohome Total Assets vs Good Will Analysis

Total Assets vs Good Will

Total Assets vs Good Will Correlation Analysis

Correlation Coefficient

Total Assets

Good Will

Autohome fundamental ratios Correlations

Autohome Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Autohome fundamental ratios Accounts

Autohome Investors Sentiment

Pair Trading with Autohome

Moving together with Autohome Stock

Complementary Tools for Autohome Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Retained Earnings
Total Current Assets	+ 1.0	Cash And Short Term Investments

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Total Current Assets	- 0.96	Net Debt
Other Stockholder Equity	- 0.96	Net Debt
Net Debt	- 0.96	Total Stockholder Equity
Retained Earnings	- 0.94	Net Debt