Atour Lifestyle Holdings Limited (ATAT)

Atour Lifestyle Holdings Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,621	1,273	739.06	96.08	139.67
Depreciation & Amortization	274.14	268.76	299.33	356.84	93.91
Stock-Based Compensation	131.47	32.79	163.98	163.19	-
Other Adjustments	72.7	1.35	59.12	13.77	-11.11
Change in Receivables	-159.26	-29.7	-42.71	-37.48	40.42
Changes in Inventories	-185.55	-99.11	-85.48	-4.18	-30.16
Changes in Accounts Payable	128.21	99.24	409.64	23.62	75.51
Changes in Accrued Expenses	293.38	228	439.95	-80.66	74.56
Changes in Income Taxes Payable	90.65	85.45	104.87	-14.84	-15.33
Changes in Unearned Revenue	298.27	153.8	294.68	-20.81	85.78
Changes in Other Operating Activities	-572.45	-287.61	-393.76	-211.87	-35.37
Operating Cash Flow	1,993	1,726	1,989	283.68	417.88
Operating Cash Flow Growth	15.46%	-13.21%	601.03%	-32.12%	252.13%
Capital Expenditures	-85.78	-56.24	-41.72	-36.43	-63.97
Sale of Property, Plant & Equipment	5	2.95	0.67	-	-
Purchases of Intangible Assets	-0.25	-1.94	-	-2.81	-2
Purchases of Investments	-15,930	-20,015	-9,427	-2,931	-4,304
Proceeds from Sale of Investments	14,678	19,550	8,868	2,778	4,313
Proceeds from Business Divestments	0.78	-	-	-	-
Other Investing Activities	-	-	-	-	15
Investing Cash Flow	-1,332	-520.55	-600.52	-192.23	-42.23
Long-Term Debt Issued	255	60	40	199	218.43
Long-Term Debt Repaid	-65	-70	-141.96	-134.48	-230.43
Net Long-Term Debt Issued (Repaid)	190	-10	-101.96	64.52	-12
Issuance of Common Stock	18.88	19.45	105.62	400.07	-
Repurchase of Common Stock	-329.9	-	-	-	-111.26
Net Common Stock Issued (Repurchased)	-311.02	19.45	105.62	400.07	-111.26
Common Dividends Paid	-772	-436.05	-150.58	-	-20.65
Other Financing Activities	-31.87	-	-	-8.28	-17.18
Financing Cash Flow	-924.89	-426.6	-146.92	456.31	-161.08
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-35.32	-0.92	10.41	2.82	-8.18
Net Cash Flow	-299.46	777.88	1,252	550.58	206.39
Free Cash Flow	1,907	1,670	1,947	247.25	353.91
Free Cash Flow Growth	14.21%	-14.24%	687.43%	-30.14%	5878.14%
FCF Margin	19.48%	23.04%	41.73%	10.93%	16.48%
Free Cash Flow Per Share	13.64	12.01	14.08	1.94	3.29
Levered Free Cash Flow	2,052	1,658	1,663	174.3	317.99
Unlevered Free Cash Flow	1,824	1,594	1,723	99.46	319.24

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q