Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Tuniu.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $513.62M | $441.27M | $183.62M | $426.35M | $450.26M | $2.28B | $2.24B | $2.19B | $10.55B | $7.65B |
| Cost of Revenue | $155.59M | $147.58M | $94.07M | $254.81M | $237.06M | $1.20B | $1.07B | $1.02B | $9.92B | $7.27B |
| Gross Profit | $358.03M | $293.69M | $89.55M | $171.53M | $213.19M | $1.08B | $1.18B | $1.17B | $626.97M | $370.58M |
| Gross Profit Ratio | 69.71% | 66.56% | 48.77% | 40.23% | 47.35% | 47.39% | 52.46% | 53.28% | 5.94% | 4.85% |
| Research and Development Expenses | $52.68M | $56.97M | $50.80M | $54.62M | $100.51M | $303.56M | $315.22M | $541.13M | $601.40M | $298.20M |
| General and Administrative Expenses | $87.66M | $113.22M | $108.94M | $174.02M | $1.11B | $749.40M | $487.37M | $637.79M | $658.79M | $385.44M |
| Selling and Marketing Expenses | $180.32M | $117.71M | $103.62M | $150.49M | $371.98M | $923.27M | $778.13M | $894.15M | $1.91B | $1.15B |
| Selling General and Administrative Expenses | $267.98M | $230.93M | $212.55M | $324.51M | $1.48B | $1.67B | $1.27B | $1.53B | $2.57B | $1.54B |
| Other Expenses | $-25.89M | $107.65M | $-75.69M | $-26.06M | $-27.85M | $-24.42M | $8.58M | $-121.00K | $-2.55M | $-1.33M |
| Operating Expenses | $294.77M | $395.55M | $187.67M | $353.07M | $1.55B | $1.95B | $1.52B | $2.05B | $3.15B | $1.83B |
| Cost and Expenses | $450.36M | $543.13M | $281.73M | $607.89M | $1.79B | $3.15B | $2.59B | $3.08B | $13.07B | $9.10B |
| Interest Income | $- | $5.69M | $27.18M | $50.04M | $3.53M | $156.86M | $152.93M | $130.25M | $87.31M | $76.52M |
| Interest Expense | $- | $3.52M | $4.91M | $7.49M | $32.27M | $34.05M | $7.92M | $- | $- | $- |
| Depreciation and Amortization | $12.29M | $29.68M | $38.16M | $63.81M | $223.38M | $322.57M | $220.16M | $215.80M | $211.57M | $85.85M |
| EBITDA | $75.55M | $-65.87M | $-147.75M | $-57.77M | $-1.24B | $-695.47M | $56.60M | $-718.65M | $-2.29B | $-1.38B |
| EBITDA Ratio | 14.71% | -14.93% | -80.47% | -13.55% | -275.95% | -30.49% | 2.53% | -32.78% | -21.73% | -17.99% |
| Operating Income | $63.26M | $-101.86M | $-210.21M | $-181.54M | $-1.34B | $-870.84M | $-348.99M | $-883.43M | $-2.52B | $-1.46B |
| Operating Income Ratio | 12.32% | -23.08% | -114.48% | -42.58% | -297.78% | -38.18% | -15.58% | -40.30% | -23.88% | -19.03% |
| Total Other Income Expenses Net | $21.28M | $2.21M | $6.20M | $52.48M | $-10.27M | $140.19M | $149.78M | $127.73M | $75.02M | $-7.94M |
| Income Before Tax | $84.54M | $-99.66M | $-204.02M | $-129.06M | $-1.35B | $-730.66M | $-199.22M | $-755.69M | $-2.44B | $-1.46B |
| Income Before Tax Ratio | 16.46% | -22.58% | -111.11% | -30.27% | -300.06% | -32.03% | -8.89% | -34.47% | -23.17% | -19.14% |
| Income Tax Expense | $837.00K | $1.44M | $-731.00K | $130.00K | $-6.64M | $949.00K | $153.00K | $15.62M | $-1.71M | $-589.48K |
| Net Income | $77.17M | $-99.29M | $-203.29M | $-129.19M | $-1.34B | $-731.61M | $-187.93M | $-773.03M | $-2.43B | $-1.46B |
| Net Income Ratio | 15.03% | -22.50% | -110.71% | -30.30% | -298.59% | -32.07% | -8.39% | -35.26% | -23.01% | -19.09% |
| EPS | $0.63 | $-0.27 | $-0.55 | $-0.35 | $-3.63 | $-1.98 | $-0.50 | $-2.04 | $-6.50 | $-5.87 |
| EPS Diluted | $0.64 | $-0.27 | $-0.55 | $-0.35 | $-3.63 | $-1.98 | $-0.50 | $-2.04 | $-6.49 | $-5.87 |
| Weighted Average Shares Outstanding | 122.50M | 371.45M | 371.21M | 370.87M | 370.24M | 369.47M | 377.74M | 378.23M | 373.22M | 248.36M |
| Weighted Average Shares Outstanding Diluted | 121.24M | 371.45M | 371.21M | 370.87M | 370.24M | 369.47M | 377.74M | 378.23M | 373.35M | 248.36M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $465.00M | $378.99M | $153.84M | $349.08M | $213.54M | $295.46M | $560.36M | $484.10M | $1.09B | $2.10B |
| Short Term Investments | $432.82M | $777.89M | $724.41M | $615.90M | $1.35B | $1.31B | $859.21M | $3.12B | $4.05B | $1.23B |
| Cash and Short Term Investments | $897.83M | $1.16B | $878.25M | $964.98M | $1.57B | $1.60B | $1.42B | $3.60B | $5.14B | $3.33B |
| Net Receivables | $44.06M | $51.15M | $34.67M | $126.91M | $288.05M | $800.04M | $1.37B | $538.72M | $626.00M | $172.39M |
| Inventory | $- | $- | $44.05M | $122.56M | $50.57M | $327.05M | $270.67M | $91.81M | $124.56M | $339.00M |
| Other Current Assets | $261.50M | $300.09M | $287.05M | $383.55M | $429.27M | $1.42B | $1.62B | $981.85M | $2.21B | $2.04B |
| Total Current Assets | $1.20B | $1.51B | $1.20B | $1.48B | $2.28B | $3.82B | $4.41B | $5.09B | $7.51B | $5.54B |
| Property Plant Equipment Net | $42.12M | $69.96M | $118.39M | $146.27M | $153.99M | $329.18M | $187.36M | $148.28M | $177.82M | $145.19M |
| Goodwill | $- | $- | $114.66M | $232.01M | $232.01M | $232.01M | $159.41M | $147.64M | $147.64M | $136.57M |
| Intangible Assets | $110.68M | $116.62M | $123.26M | $150.03M | $168.07M | $265.04M | $418.72M | $460.63M | $592.27M | $715.55M |
| Goodwill and Intangible Assets | $110.68M | $116.62M | $237.92M | $382.04M | $400.08M | $497.05M | $578.13M | $608.27M | $739.91M | $852.12M |
| Long Term Investments | $534.04M | $209.82M | $230.56M | $201.95M | $266.87M | $1.31B | $1.30B | $484.99M | $58.76M | $- |
| Tax Assets | $- | $- | $- | $92.00M | $- | $557.58M | $- | $- | $64.90M | $- |
| Other Non-Current Assets | $19.21M | $55.96M | $91.09M | $113.00K | $91.18M | $83.92M | $81.04M | $326.96M | $609.11M | $649.48M |
| Total Non-Current Assets | $706.04M | $452.36M | $677.96M | $822.37M | $912.12M | $2.77B | $2.15B | $1.57B | $1.65B | $1.65B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $1.91B | $1.96B | $1.88B | $2.30B | $3.20B | $6.60B | $6.56B | $6.66B | $9.16B | $7.19B |
| Account Payables | $290.11M | $317.10M | $265.76M | $387.49M | $724.94M | $1.34B | $1.38B | $852.50M | $1.02B | $767.31M |
| Short Term Debt | $3.03M | $203.07M | $219.96M | $238.36M | $560.94M | $798.34M | $206.88M | $18.75M | $11.01M | $91.58M |
| Tax Payables | $- | $4.30M | $4.05M | $8.00M | $6.00M | $12.21M | $23.32M | $32.04M | $11.62M | $8.43M |
| Deferred Revenue | $- | $344.98M | $98.90M | $238.42M | $208.76M | $1.11B | $1.06B | $1.21B | $1.95B | $1.22B |
| Other Current Liabilities | $600.51M | $89.42M | $284.54M | $345.16M | $452.69M | $1.60B | $1.49B | $2.02B | $3.48B | $2.92B |
| Total Current Liabilities | $893.66M | $958.88M | $774.30M | $979.01M | $1.74B | $3.75B | $3.10B | $2.92B | $4.53B | $3.79B |
| Long Term Debt | $1.68M | $15.74M | $38.44M | $53.18M | $56.94M | $64.41M | $4.49M | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $-5.58B | $-5.52B | $- | $- | $-4.49M | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $6.03M | $6.84M | $12.48M | $14.86M | $23.66M | $19.86M | $21.14M | $23.46M | $- |
| Other Non-Current Liabilities | $5.15M | $- | $- | $- | $3.05M | $10.95M | $16.07M | $21.34M | $31.47M | $57.78M |
| Total Non-Current Liabilities | $6.83M | $21.77M | $45.28M | $65.66M | $74.86M | $99.01M | $40.42M | $42.48M | $54.93M | $57.78M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $900.49M | $980.65M | $819.58M | $1.04B | $1.82B | $3.85B | $3.14B | $2.96B | $4.58B | $3.85B |
| Preferred Stock | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $249.00K | $249.00K | $249.00K | $249.00K | $249.00K | $249.00K | $249.00K | $248.00K | $242.00K | $181.34K |
| Retained Earnings | $-8.05B | $-8.13B | $-8.03B | $-7.83B | $-7.71B | $-6.39B | $-5.69B | $-5.51B | $-4.76B | $-2.33B |
| Accumulated Other Comprehensive Income Loss | $313.46M | $305.42M | $298.98M | $271.82M | $275.01M | $293.78M | $284.08M | $272.39M | $400.93M | $167.02M |
| Other Total Stockholders Equity | $8.82B | $8.85B | $8.84B | $8.83B | $8.82B | $8.80B | $8.76B | $8.83B | $8.91B | $5.48B |
| Total Stockholders Equity | $1.08B | $1.03B | $1.11B | $1.27B | $1.38B | $2.71B | $3.35B | $3.60B | $4.48B | $3.32B |
| Total Equity | $1.01B | $979.83M | $1.06B | $1.25B | $1.38B | $2.75B | $3.41B | $3.69B | $4.57B | $3.34B |
| Total Liabilities and Stockholders Equity | $1.91B | $1.96B | $1.88B | $2.30B | $3.20B | $6.60B | $6.56B | $6.66B | $9.16B | $7.19B |
| Minority Interest | $-71.64M | $-51.02M | $-49.68M | $-16.00M | $-7.46M | $38.21M | $63.49M | $98.92M | $90.50M | $16.30M |
| Total Liabilities and Total Equity | $1.91B | $1.96B | $1.88B | $2.30B | $3.20B | $6.60B | $6.56B | $6.66B | $9.16B | $7.19B |
| Total Investments | $966.86M | $987.71M | $954.98M | $817.85M | $1.62B | $2.61B | $2.16B | $3.60B | $4.11B | $1.23B |
| Total Debt | $4.71M | $218.81M | $58.40M | $291.54M | $135.89M | $325.74M | $206.88M | $18.75M | $11.01M | $91.58M |
| Net Debt | $-460.29M | $-160.18M | $-95.44M | $-57.54M | $-77.65M | $30.28M | $-353.48M | $-465.35M | $-1.07B | $-2.01B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $77.17M | $-99.29M | $-203.00M | $-128.47M | $-1.34B | $-729.38M | $-199.37M | $-771.32M | $-2.44B | $-1.46B |
| Depreciation and Amortization | $- | $29.68M | $38.16M | $63.81M | $223.38M | $322.57M | $220.16M | $215.80M | $211.57M | $85.85M |
| Deferred Income Tax | $- | $-812.00K | $-1.74M | $-2.38M | $-8.80M | $-2.73M | $-2.36M | $-2.31M | $-2.32M | $-1.06M |
| Stock Based Compensation | $9.41M | $15.93M | $5.05M | $9.13M | $20.46M | $61.74M | $68.74M | $98.67M | $92.42M | $65.14M |
| Change in Working Capital | $- | $156.26M | $14.21M | $-134.75M | $-1.05B | $47.01M | $190.53M | $-12.11M | $-136.67M | $691.23M |
| Accounts Receivables | $- | $-3.60M | $-37.00M | $39.83M | $208.18M | $-55.04M | $-60.58M | $-64.29M | $-76.81M | $-74.47M |
| Inventory | $- | $- | $- | $116.78M | $143.78M | $93.81M | $-119.54M | $815.32M | $-867.16M | $-87.13M |
| Accounts Payables | $- | $53.12M | $16.77M | $-222.38M | $-492.66M | $-36.25M | $553.45M | $-167.26M | $78.77M | $320.50M |
| Other Working Capital | $- | $106.74M | $34.43M | $-68.98M | $-905.12M | $44.50M | $-182.78M | $-595.88M | $728.53M | $532.34M |
| Other Non Cash Items | $-86.58M | $131.07M | $4.33M | $-33.68M | $841.28M | $180.33M | $-9.61M | $52.62M | $38.15M | $106.48M |
| Net Cash Provided by Operating Activities | $- | $232.84M | $-142.99M | $-226.34M | $-1.31B | $-120.46M | $268.09M | $-418.65M | $-2.24B | $-514.74M |
| Investments in Property Plant and Equipment | $- | $-9.79M | $-6.45M | $-14.74M | $-28.33M | $-122.48M | $-119.44M | $-160.50M | $-117.89M | $-155.48M |
| Acquisitions Net | $- | $- | $-16.07M | $5.98M | $56.26M | $-33.22M | $454.00K | $-111.00K | $-16.50M | $-60.15M |
| Purchases of Investments | $- | $-607.93M | $-462.51M | $-336.55M | $-1.46B | $-2.59B | $-2.73B | $-2.91B | $-5.15B | $-1.14B |
| Sales Maturities of Investments | $- | $579.35M | $381.76M | $1.18B | $2.35B | $2.18B | $4.16B | $3.27B | $2.85B | $442.14M |
| Other Investing Activities | $- | $79.29M | $51.44M | $-134.26M | $241.00M | $-16.58M | $-1.15B | $451.29M | $-72.33M | $-1.00B |
| Net Cash Used for Investing Activities | $- | $40.93M | $-51.83M | $703.83M | $1.16B | $-578.13M | $153.99M | $648.31M | $-2.51B | $-1.92B |
| Debt Repayment | $- | $-22.80M | $-532.00K | $-343.03M | $-185.28M | $552.12M | $195.37M | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $3.28B | $2.43B |
| Common Stock Repurchased | $- | $- | $- | $- | $-308.00K | $-13.55M | $-139.07M | $-166.15M | $-19.71M | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $- | $224.00K | $46.00K | $-1.53M | $-23.96M | $-53.46M | $-201.51M | $-618.62M | $370.93M | $575.62M |
| Net Cash Used Provided by Financing Activities | $- | $-22.58M | $-486.00K | $-344.56M | $-209.55M | $485.11M | $-145.21M | $-784.77M | $3.63B | $3.01B |
| Effect of Forex Changes on Cash | $- | $-4.18M | $-2.41M | $-1.43M | $5.19M | $4.97M | $-21.75M | $-46.03M | $110.65M | $67.56M |
| Net Change in Cash | $-444.89M | $247.00M | $-197.71M | $131.49M | $-358.41M | $-208.51M | $255.12M | $-601.13M | $-1.02B | $643.50M |
| Cash at End of Period | $- | $444.89M | $197.89M | $395.60M | $264.10M | $622.51M | $831.03M | $484.10M | $1.09B | $2.10B |
| Cash at Beginning of Period | $444.89M | $197.89M | $395.60M | $264.10M | $622.51M | $831.03M | $575.91M | $1.09B | $2.10B | $1.46B |
| Operating Cash Flow | $- | $232.84M | $-142.99M | $-226.34M | $-1.31B | $-120.46M | $268.09M | $-418.65M | $-2.24B | $-514.74M |
| Capital Expenditure | $- | $-9.79M | $-6.45M | $-14.74M | $-28.33M | $-122.48M | $-119.44M | $-160.50M | $-117.89M | $-155.48M |
| Free Cash Flow | $- | $223.05M | $-149.44M | $-241.08M | $-1.34B | $-242.94M | $148.65M | $-579.15M | $-2.36B | $-670.21M |