Tuniu Corporation (TOUR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 20, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TOUR SEC filings page.
Tuniu Corporation (TOUR) reported $82.6M in revenue for fiscal year 2025, up 17.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue expanded, but lower gross margin and a cash-flow reversal show a business whose reported profit became less cash-backed.
FY2025 paired a still-positive net margin of5.4% with operating cash flow of-$15.6M , reversing FY2024's cash generation and indicating weaker earnings quality. The reversal coincided with higher receivables, making working capital part of the explanation rather than simply a smaller accounting profit.
Revenue rose to
Short-term coverage improved: the current ratio reached 2.0x while current liabilities fell to
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Tuniu Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Tuniu Corporation held $184.2M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $15.6M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Tuniu Corporation scores 96/100 among other emerging companies.
Tuniu Corporation had 328M shares outstanding at the end of fiscal year 2025, against 351M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Tuniu Corporation scores 79/100 among other emerging companies.
Tuniu Corporation spent $8.4M on research and development in fiscal year 2025, which was 10.4% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Tuniu Corporation scores 37/100 among other emerging companies.
Tuniu Corporation reported revenue of $82.6M in fiscal year 2025, against $70.4M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Tuniu Corporation scores 61/100 among other emerging companies.
Not available for Tuniu Corporation, and counted as zero in the overall score.
Tuniu Corporation's cash, cash equivalents and investments came to $184.2M at the end of fiscal year 2025, against $91.8M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Tuniu Corporation scores 75/100 among other emerging companies.
Tuniu Corporation scores -6.04, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($54.4M) relative to total liabilities ($91.8M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Tuniu Corporation passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Tuniu Corporation used $3.50 of operating cash (-$15.6M OCF vs $4.5M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Tuniu Corporation earns $5.56 in operating income for every $1 of interest expense ($1.6M vs $289K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Tuniu Corporation held $29.6M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
TOUR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
TOUR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2410-K | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K | Q4'1910-K | Q4'1810-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $228.8M-12.5% | $261.6M-5.3% | $276.1M+1.4% | $272.3M-24.5% | $360.6M-26.4% | $489.9M-48.3% | $947.5M-0.6% | $953.7M-6.8% |
| Current Assets | $185.4M+12.5% | $164.9M-22.4% | $212.4M+22.1% | $174.0M-24.9% | $231.5M-33.9% | $350.1M-36.2% | $549.2M-14.3% | $641.1M-18.0% |
| Cash & Equivalents | $29.6M-53.5% | $63.7M+19.3% | $53.4M+139.3% | $22.3M-59.3% | $54.8M+67.4% | $32.7M-22.9% | $42.4M-47.9% | $81.5M+9.5% |
| Short-Term Investments | $122.1M+105.9% | $59.3M-45.9% | $109.6M+4.3% | $105.0M+8.7% | $96.6M-53.4% | $207.5M+10.6% | $187.5M+50.0% | $125.0M-73.6% |
| Accounts Receivable | $9.6M+61.1% | $5.9M+1.2% | $5.9M+20.2% | $4.9M-72.2% | $17.6M-56.6% | $40.5M-46.8% | $76.1M+50.6% | $50.5M+14.7% |
| Long-Term Investments | $32.5M-55.6% | $73.2M+147.6% | $29.6M-11.6% | $33.4M+5.5% | $31.7M+164.0% | $12.0M-91.6% | $142.9M+9.5% | $130.5M+75.1% |
| Goodwill | N/A | N/A | $0-100.0% | $16.1M-52.0% | $33.6M-7.6% | $36.4M+2.4% | $35.6M+55.3% | $22.9M+6.6% |
| Total Liabilities | $91.8M-25.6% | $123.4M-10.7% | $138.1M+16.2% | $118.8M-27.5% | $163.9M-41.2% | $278.8M-49.5% | $552.7M+20.9% | $457.1M+0.4% |
| Current Liabilities | $91.0M-25.7% | $122.4M-9.3% | $135.1M+20.3% | $112.3M-26.9% | $153.6M-42.5% | $267.4M-50.3% | $538.5M+19.3% | $451.3M+0.5% |
| Non-Current Liabilities | $794K-15.2% | $936K-69.5% | $3.1M-53.3% | $6.6M-36.3% | $10.3M-10.2% | $11.5M-19.3% | $14.2M+142.0% | $5.9M-10.0% |
| Long-Term Debt | N/A | N/A | $1.5M-15.6% | $1.7M-23.0% | $2.3M-34.9% | $3.5M+148.6% | $1.4M | N/A |
| Total Equity | $147.3M-0.5% | $148.0M+2.0% | $145.2M-9.6% | $160.6M-19.3% | $199.2M-6.2% | $212.2M-45.5% | $389.4M-20.1% | $487.3M-11.8% |
| Retained Earnings | -$1.2B-7.8% | -$1.1B+3.7% | -$1.1B+1.7% | -$1.2B+5.3% | -$1.2B-4.0% | -$1.2B-28.9% | -$917.3M-10.8% | -$827.8M+2.2% |
Not reported in any period shown, so not listed: Inventory.
TOUR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
TOUR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Tuniu Corporation TOUR | FY2025 | $82.6M | $4.5M | 5.4% | $54.4M | 58/100 |
| Yatra Online, Inc. YTRA | FY2025 | $93.1M | $274K | 0.3% | $57.3M | 27/100 |
| Inspirato Incorporated ISPO | FY2024 | $279.9M | -$5.4M | -1.9% | $53.5M | 4/100 |
| NextTrip, Inc. NTRP | FY2026 | $3.7M | $16.2M | N/A | $29.0M | 32/100 |
| Pursuit Attractions and Hospitality, Inc. PRSU | FY2025 | $452.4M | $22.7M | 5.0% | $1.4B | 55/100 |
| Lindblad Expeditions Holdings Inc. LIND | FY2025 | $771.0M | -$34.6M | -4.5% | $2.3B | 40/100 |
Where Tuniu Corporation Ranks
Frequently Asked Questions
What is Tuniu Corporation's annual revenue?
Tuniu Corporation (TOUR) reported $82.6M in total revenue for fiscal year 2025. This represents a 17.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Tuniu Corporation's revenue growing?
Tuniu Corporation (TOUR) revenue grew by 17.5% year-over-year, from $70.4M to $82.6M in fiscal year 2025.
Is Tuniu Corporation profitable?
Yes, Tuniu Corporation (TOUR) reported a net income of $4.5M in fiscal year 2025, with a net profit margin of 5.4%.
What is Tuniu Corporation's EBITDA?
Tuniu Corporation (TOUR) had EBITDA of $2.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Tuniu Corporation's gross margin?
Tuniu Corporation (TOUR) had a gross margin of 58.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Tuniu Corporation's operating margin?
Tuniu Corporation (TOUR) had an operating margin of 1.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Tuniu Corporation's net profit margin?
Tuniu Corporation (TOUR) had a net profit margin of 5.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Tuniu Corporation's return on equity (ROE)?
Tuniu Corporation (TOUR) has a return on equity of 3.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Tuniu Corporation's free cash flow?
Tuniu Corporation (TOUR) recorded an outflow of $16.6M in free cash flow during fiscal year 2025. This represents a -243.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Tuniu Corporation's operating cash flow?
Tuniu Corporation (TOUR) recorded an outflow of $15.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Tuniu Corporation's total assets?
Tuniu Corporation (TOUR) had $228.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Tuniu Corporation's capital expenditures?
Tuniu Corporation (TOUR) invested $1.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Tuniu Corporation spend on research and development?
Tuniu Corporation (TOUR) invested $8.4M in research and development during fiscal year 2025.
What is Tuniu Corporation's current ratio?
Tuniu Corporation (TOUR) had a current ratio of 2.04 as of fiscal year 2025, which is generally considered healthy.
What is Tuniu Corporation's debt-to-equity ratio?
Tuniu Corporation (TOUR) had a debt-to-equity ratio of 0.62 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Tuniu Corporation's return on assets (ROA)?
Tuniu Corporation (TOUR) had a return on assets of 1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Tuniu Corporation's P/E ratio?
Tuniu Corporation (TOUR) trades at 12.2x earnings, its market capitalization divided by net income of $4.5M net income, FY2025. The market capitalization is $54.4M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Tuniu Corporation's price-to-sales ratio?
Tuniu Corporation (TOUR) trades at 0.7x sales, its market capitalization divided by revenue of $82.6M revenue, FY2025. The market capitalization is $54.4M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Tuniu Corporation's Altman Z-Score?
Tuniu Corporation (TOUR) has an Altman Z-Score of -6.04, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Tuniu Corporation's Piotroski F-Score?
Tuniu Corporation (TOUR) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Tuniu Corporation's earnings high quality?
For every $1 of reported earnings, Tuniu Corporation (TOUR) used $3.50 of operating cash (-$15.6M OCF vs $4.5M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Tuniu Corporation cover its interest payments?
Tuniu Corporation (TOUR) has an interest coverage ratio of 5.56x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Tuniu Corporation?
Tuniu Corporation (TOUR) scores 58 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.