Revenue by Segment

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2019	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Jan '19 Jan 1, 2019	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Tourism	611.59M	663.22M	690.50M	240.00M	415.76M
Tourism Growth	-7.78%	-3.95%	187.71%	-42.27%	6.64%
Unallocated Others	26.81M	29.24M	28.53M	16.19M	18.81M
Unallocated Others Growth	-8.33%	2.50%	76.23%	-13.94%	21.50%
Total	638.40M	692.47M	719.03M	256.19M	434.57M
Total Growth	-7.81%	-3.69%	180.67%	-41.05%	7.21%

Source: S&P Global Market Intelligence.