Tongcheng Travel Holdings Limited (HKG:0780)
Hong Kong · Delayed Price · Currency is HKD 10.83
-0.24 (-2.17%)
Sep 10, 2026, 11:44 AM HKT
Tongcheng Travel Holdings Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 2,472 | 2,371 | 1,974 | 1,554 | -146.01 | 723.4 |
Depreciation & Amortization | 1,365 | 1,284 | 1,061 | 858.31 | 789.81 | 621.03 |
Other Amortization | 15.48 | 15.48 | 21.97 | 52.45 | 50.38 | 48.81 |
Loss (Gain) From Sale of Assets | -27.61 | -27.61 | -0.14 | 2.59 | 0.09 | -0.28 |
Asset Writedown & Restructuring Costs | 453.44 | 453.44 | - | - | - | - |
Loss (Gain) From Sale of Investments | -201.26 | -135.06 | -44.79 | 49.98 | -74.08 | -33.16 |
Loss (Gain) on Equity Investments | -55.91 | -55.91 | -10.6 | 33.4 | 14.13 | 32.87 |
Stock-Based Compensation | 329.62 | 247.52 | 408.33 | 348.14 | 441.09 | 330.03 |
Other Operating Activities | -770.65 | 258.74 | 248.18 | 193.9 | 227.46 | -86.74 |
Change in Accounts Receivable | -894.96 | -345.46 | -477.22 | -47.29 | -190.66 | 153.2 |
Change in Inventory | -4.31 | -4.31 | -4.95 | 1.63 | - | - |
Change in Accounts Payable | 879.54 | 108.74 | 306.84 | 1,178 | 315.39 | 190.48 |
Change in Other Net Operating Assets | 349.49 | 140.39 | -512.73 | -221.33 | -1,125 | -141.96 |
Operating Cash Flow | 3,910 | 4,311 | 2,970 | 4,003 | 302.32 | 1,838 |
Operating Cash Flow Growth | -17.00% | 45.16% | -25.82% | 1224.26% | -83.55% | 1256.02% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -481.53 | -529.65 | -403.16 | -771.68 | -515.31 | -310.02 |
Sale of Property, Plant & Equipment | 4.69 | 4.69 | 18.47 | 3.84 | 0.13 | 7.11 |
Cash Acquisitions | -2,400 | -2,400 | -647.2 | -1,246 | -343.08 | -96.26 |
Divestitures | 18.72 | 18.72 | -12.19 | - | - | - |
Sale (Purchase) of Intangibles | -2.6 | -34.54 | -12.17 | -22.05 | -17.71 | -0.35 |
Investment in Securities | -3,456 | -1,624 | 210.86 | 515.41 | 483.99 | -1,218 |
Other Investing Activities | 3,043 | -133.11 | 11.14 | -241.86 | -5.05 | 54.68 |
Investing Cash Flow | -3,440 | -4,698 | -834.26 | -1,762 | -397.03 | -1,563 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 4,383 | 2,500 | 720 | 1,993 | - |
Short-Term Debt Repaid | - | - | - | -20.44 | - | - |
Long-Term Debt Repaid | - | -4,789 | -1,206 | -834.56 | -100.73 | -104.05 |
Lease Payments | -575.91 | -401.71 | -121 | -62.35 | -31.63 | -47.11 |
Total Debt Repaid | -5,299 | -4,789 | -1,206 | -855 | -100.73 | -104.05 |
Net Debt Issued (Repaid) | -448.44 | -406.64 | 1,294 | -135 | 1,892 | -104.05 |
Issuance of Common Stock | 334.56 | 281.76 | 285.23 | 56.72 | 100.37 | 204 |
Common Dividends Paid | -379.14 | -379.14 | -311.66 | - | - | - |
Other Financing Activities | -369.6 | -581.3 | -589.04 | -513.95 | -457.32 | -120.38 |
Financing Cash Flow | -862.62 | -1,085 | 678.8 | -592.23 | 1,535 | -20.42 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -97.5 | -41.55 | 13.15 | -3.59 | 60.61 | -13.57 |
Net Cash Flow | -490.16 | -1,514 | 2,828 | 1,645 | 1,501 | 241.12 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 3,428 | 3,781 | 2,567 | 3,232 | -212.99 | 1,528 |
Free Cash Flow Growth | -23.06% | 47.32% | -20.58% | - | - | - |
Free Cash Flow Margin | 16.85% | 19.50% | 14.80% | 27.17% | -3.23% | 20.27% |
Free Cash Flow Per Share | 1.45 | 1.62 | 1.12 | 1.41 | -0.10 | 0.68 |
Levered Free Cash Flow | 2,870 | 2,952 | 1,739 | 3,154 | -25.39 | 1,732 |
Unlevered Free Cash Flow | 3,007 | 3,112 | 1,856 | 3,243 | 47.63 | 1,743 |
Free Cash Flow After Leases | 2,852 | 3,380 | 2,446 | 3,169 | -244.62 | 1,481 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Income Tax Paid | 1,028 | 628.91 | 435.05 | 192.47 | 49.96 | 184.13 |
Change in Working Capital | 329.76 | -100.64 | -688.07 | 910.55 | -1,001 | 201.72 |