Atour Lifestyle Holdings Limited (ATAT)

Atour Lifestyle Holdings Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,965	1,621	1,275	737.14	98.1	145.05
Depreciation & Amortization	57.2	54.11	65.23	85.02	88.56	92.61
Other Amortization	-	-	-	-	-	1.3
Loss (Gain) From Sale of Assets	3.6	3.6	-	0.58	2.02	2.21
Asset Writedown & Restructuring Costs	55.44	55.44	54.66	60.52	-	-
Loss (Gain) From Sale of Investments	-44.87	-44.87	-48.94	-34.52	-8.46	-8.75
Stock-Based Compensation	131.47	131.47	32.79	163.98	163.19	-
Provision & Write-off of Bad Debts	7.06	7.06	30.81	40.75	4.74	2.89
Other Operating Activities	283.62	271.77	165.98	208.01	281.73	-12.85
Change in Accounts Receivable	-159.26	-159.26	-29.7	-42.71	-37.48	40.42
Change in Inventory	-185.55	-185.55	-99.11	-85.48	-4.18	-30.16
Change in Accounts Payable	128.21	128.21	99.24	409.64	23.62	75.51
Change in Unearned Revenue	298.27	298.27	153.8	294.68	-20.81	85.78
Change in Income Taxes	90.65	90.65	85.45	104.87	-14.84	-15.33
Change in Other Net Operating Assets	-279.07	-279.07	-59.6	46.19	-292.53	39.19
Operating Cash Flow	2,352	1,993	1,726	1,989	283.68	417.88
Operating Cash Flow Growth	32.54%	15.46%	-13.21%	601.03%	-32.12%	252.13%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-47.81	-85.78	-56.24	-41.72	-36.43	-63.97
Sale of Property, Plant & Equipment	0.26	5	2.95	0.67	-	-
Divestitures	0.78	0.78	-	-	-	-
Sale (Purchase) of Intangibles	-1.82	-0.25	-1.94	-	-2.81	-2
Investment in Securities	741.87	-1,252	-465.32	-559.47	-153	8.75
Investing Cash Flow	693.28	-1,332	-520.55	-600.52	-192.23	-42.23

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	255	60	40	199	218.43
Long-Term Debt Repaid	-	-65	-70	-141.96	-134.48	-230.43
Net Debt Issued (Repaid)	170	190	-10	-101.96	64.52	-12
Issuance of Common Stock	10.91	18.88	19.45	105.62	400.07	-
Repurchase of Common Stock	-1,083	-329.9	-	-	-	-111.26
Common Dividends Paid	-845.84	-772	-436.05	-150.58	-	-20.65
Other Financing Activities	-37.25	-31.87	-	-	-8.28	-17.18
Financing Cash Flow	-1,785	-924.89	-426.6	-146.92	456.31	-161.08

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-29.26	-35.32	-0.92	10.41	2.82	-8.18
Net Cash Flow	1,231	-299.46	777.88	1,252	550.58	206.39

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	2,304	1,907	1,670	1,947	247.25	353.91
Free Cash Flow Growth	35.31%	14.21%	-14.24%	687.43%	-30.14%	5878.14%
Free Cash Flow Margin	19.66%	19.48%	23.04%	41.73%	10.93%	16.48%
Free Cash Flow Per Share	16.61	13.64	12.01	14.08	1.94	3.29
Levered Free Cash Flow	2,035	1,687	1,378	1,704	181.43	287.81
Unlevered Free Cash Flow	2,039	1,689	1,380	1,708	185.49	292.77

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	-	-	-	-	4.65	5.7
Cash Income Tax Paid	673.71	673.71	446.51	170.24	82.78	88.95
Change in Working Capital	-106.75	-106.75	150.07	727.2	-346.21	195.41

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 20, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 23, 2026

Data Sources Report a data error