Tuniu Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	229.14	465	378.99	153.84	349.08	213.54
Short-Term Investments	724.94	432.82	777.89	724.41	615.9	1,354
Cash & Short-Term Investments	954.08	897.83	1,157	878.25	964.98	1,567
Cash Growth	-25.41%	-22.39%	31.73%	-8.99%	-38.43%	-2.10%
Accounts Receivable	87.07	50.31	51.15	34.67	126.91	288.05
Other Receivables	-	46.69	54.49	76.25	92.28	97.83
Receivables	87.07	116.5	130.77	211.28	370.28	408.81
Prepaid Expenses	-	1.4	1.01	0.41	1.71	1.51
Restricted Cash	10.51	26.06	65.9	44.05	46.52	50.57
Other Current Assets	251.1	161.62	153.55	65.98	91.95	256.42
Total Current Assets	1,303	1,203	1,508	1,200	1,475	2,285
Property, Plant & Equipment	27.26	42.12	69.96	118.39	146.27	153.99
Long-Term Investments	330.78	534.04	209.82	230.56	201.95	266.87
Goodwill	-	-	-	114.66	232.01	232.01
Other Intangible Assets	20.48	110.68	116.62	123.26	150.03	168.08
Other Long-Term Assets	20.73	19.21	55.96	81.3	78.56	73.59
Total Assets	1,702	1,909	1,960	1,878	2,298	3,197
Accounts Payable	327.41	292.35	322.69	265.77	387.49	724.94
Accrued Expenses	289.97	63.8	61.64	65.79	76.45	98.21
Short-Term Debt	0.04	180.04	186.28	207.52	207.88	542.68
Current Portion of Leases	3.29	2.99	2.71	12.44	16.56	18.26
Current Income Taxes Payable	1.72	5.06	4.31	4.05	8	6
Current Unearned Revenue	93.85	258.76	284.28	112.48	139.78	208.76
Other Current Liabilities	7.02	90.66	96.98	106.27	142.86	145.72
Total Current Liabilities	723.29	893.66	958.88	774.3	979.01	1,745
Long-Term Debt	-	-	10.4	11.96	14.34	22.58
Long-Term Leases	1.2	1.68	5.35	26.48	38.83	34.37
Long-Term Deferred Tax Liabilities	4.68	5.15	6.03	6.84	12.48	14.86
Other Long-Term Liabilities	-	-	-	-	-	3.05
Total Liabilities	729.17	900.49	980.65	819.58	1,045	1,819
Common Stock	0.25	0.25	0.25	0.25	0.25	0.25
Additional Paid-In Capital	9,121	9,147	9,139	9,126	9,126	9,126
Retained Earnings	-8,021	-8,050	-8,128	-8,028	-7,835	-7,713
Treasury Stock	-364.96	-329.67	-285.98	-288.6	-293.8	-302.92
Comprehensive Income & Other	309.66	313.46	305.42	298.98	271.82	275.01
Total Common Equity	1,045	1,081	1,031	1,108	1,269	1,385
Minority Interest	-72.18	-71.64	-51.02	-49.68	-16	-7.46
Shareholders' Equity	972.86	1,009	979.83	1,058	1,253	1,377
Total Liabilities & Equity	1,702	1,909	1,960	1,878	2,298	3,197
Total Debt	4.53	184.71	204.73	258.4	277.61	617.89
Net Cash (Debt)	949.55	713.12	952.15	619.85	687.37	949.32
Net Cash Growth	-25.37%	-25.11%	53.61%	-9.82%	-27.59%	28.62%
Net Cash Per Share	8.17	5.88	7.69	5.01	5.56	7.69
Filing Date Shares Outstanding	113.09	116.03	123.85	123.8	123.69	123.52
Total Common Shares Outstanding	113.09	117.05	123.84	123.79	123.69	123.5
Working Capital	579.47	309.74	549.24	425.66	496.43	539.96
Book Value Per Share	9.24	9.23	8.32	8.95	10.26	11.21
Tangible Book Value	1,025	969.91	914.23	870.1	887.11	984.6
Tangible Book Value Per Share	9.06	8.29	7.38	7.03	7.17	7.97
Buildings	-	4.47	4.11	4.11	4.11	4.31
Machinery	-	126.06	130.14	139.8	172.95	179.06
Construction In Progress	-	44.68	48.74	47.29	42.57	44.58
Leasehold Improvements	-	65.41	109.14	119.07	139.09	131.92

Source: S&P Global Market Intelligence. Standard template. Financial Sources.