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Autohome Inc.（ATHM）与微博公司（WB）财务数据对比。点击上方公司名可切换其他公司
微博公司的季度营收约是Autohome Inc.的5.1倍（$1.3B vs $249.8M），微博公司净利率更高（35.7% vs 23.8%，领先11.9%），过去两年微博公司的营收复合增速更高（22.6% vs -0.6%）
Autohome Inc. 是曾经的高速有线互联网服务提供商，运营于1996年至2002年。由米洛·梅丁与电信通讯公司（TCI）、康卡斯特、考克斯通信，以及首任CEO威廉·伦道夫·赫斯特三世共同创立，是通过双向有线电视基础设施提供高速上网服务的合资企业，巅峰时期为美国、加拿大、日本、澳大利亚等地的410万用户提供服务。
微博公司是中国知名的社交网络企业，旗下运营的新浪微博是国内极具影响力的微博客平台，公司总部位于中国北京，为数以亿计的用户提供社交互动、资讯传播、内容创作等多元互联网服务。
ATHM vs WB — 直观对比
营收规模更大
WB
是对方的5.1倍
$249.8M
净利率更高
WB
高出11.9%
23.8%
两年增速更快
WB
近两年复合增速
-0.6%
损益表 — Q3 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $249.8M | $1.3B |
| 净利润 | $59.4M | $458.3M |
| 毛利率 | 63.7% | — |
| 营业利润率 | 8.3% | 29.1% |
| 净利率 | 23.8% | 35.7% |
| 营收同比 | — | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ATHMWB
| Q3 25 | $249.8M | $1.3B | ||
| Q2 25 | $245.4M | $841.7M | ||
| Q1 25 | $244.3M | $396.9M | ||
| Q3 24 | $252.9M | $1.3B | ||
| Q2 24 | $257.7M | $833.4M | ||
| Q1 24 | $222.9M | $395.5M | ||
| Q3 23 | $261.2M | $1.3B | ||
| Q2 23 | $252.8M | $854.0M |
净利润ATHMWB
| Q3 25 | $59.4M | $458.3M | ||
| Q2 25 | $56.0M | $234.8M | ||
| Q1 25 | — | $108.1M | ||
| Q3 24 | $61.0M | $297.4M | ||
| Q2 24 | $69.3M | $164.6M | ||
| Q1 24 | $52.4M | $51.1M | ||
| Q3 23 | $78.7M | $268.8M | ||
| Q2 23 | $69.9M | $188.6M |
毛利率ATHMWB
| Q3 25 | 63.7% | — | ||
| Q2 25 | 71.4% | — | ||
| Q1 25 | — | — | ||
| Q3 24 | 77.0% | — | ||
| Q2 24 | 81.5% | — | ||
| Q1 24 | 81.3% | — | ||
| Q3 23 | 80.4% | — | ||
| Q2 23 | 82.0% | — |
营业利润率ATHMWB
| Q3 25 | 8.3% | 29.1% | ||
| Q2 25 | 16.9% | 30.4% | ||
| Q1 25 | 13.0% | 27.8% | ||
| Q3 24 | 4.7% | 29.0% | ||
| Q2 24 | 22.0% | 28.2% | ||
| Q1 24 | 17.2% | 25.2% | ||
| Q3 23 | 8.7% | 27.3% | ||
| Q2 23 | 18.6% | 25.8% |
净利率ATHMWB
| Q3 25 | 23.8% | 35.7% | ||
| Q2 25 | 22.8% | 27.9% | ||
| Q1 25 | — | 27.2% | ||
| Q3 24 | 24.1% | 22.9% | ||
| Q2 24 | 26.9% | 19.8% | ||
| Q1 24 | 23.5% | 12.9% | ||
| Q3 23 | 30.1% | 20.7% | ||
| Q2 23 | 27.7% | 22.1% |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $1.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $3.9B |
| 总资产 | — | $6.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ATHMWB
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | — | $2.1B | ||
| Q3 23 | — | $2.8B | ||
| Q2 23 | — | $2.4B |
股东权益ATHMWB
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $3.4B | ||
| Q1 24 | — | $3.3B | ||
| Q3 23 | — | $3.2B | ||
| Q2 23 | — | $3.1B |
总资产ATHMWB
| Q3 25 | — | $6.9B | ||
| Q2 25 | — | $6.5B | ||
| Q1 25 | — | $6.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $7.1B | ||
| Q1 24 | — | $7.3B | ||
| Q3 23 | — | $6.7B | ||
| Q2 23 | — | $6.9B |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ATHM
| Online marketplace and others | $114.7M | 46% |
| Leads generation services | $93.2M | 37% |
| Media services | $41.9M | 17% |
WB
| Income from operations | $373.2M | 29% |
| Shares used in computing diluted net income per share attributable to Weibos shareholders | $268.1M | 21% |
| Shares used in computing basic net income per share attributable to Weibos shareholders | $238.6M | 19% |
| Value-added services | $186.1M | 14% |
| Less: Income tax expenses | $113.2M | 9% |
| Investment related income, net | $45.0M | 4% |
| Product development | $16.7M | 1% |
| General and administrative | $10.6M | 1% |
| Sales and marketing | $7.1M | 1% |
| Accretion to redeemable non-controlling interests | $3.0M | 0% |
