Financial Statements — TOUR
Balance Sheet
(in billions CNY)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Cash & Equivalents | 0.03 | 0.47 | 0.38 | 0.15 | 0.05 | 0.03 | 0.04 |
| Short-term Investments | 0.85 | 0.43 | 0.78 | 0.72 | 0.10 | 1.35 | 0.19 |
| Accounts Receivable | 0.01 | 0.04 | 0.04 | 0.03 | 0.11 | 0.04 | 0.08 |
| Total Current Assets | 0.19 | 1.20 | 0.21 | 0.17 | 0.23 | 2.28 | 0.55 |
| Property, Plant & Equipment | 0.02 | 0.03 | 0.06 | 0.09 | 0.10 | 0.02 | 0.22 |
| Goodwill | -- | 0.12 | 0.00 | 0.02 | 0.04 | 0.04 | 0.23 |
| Intangible Assets | 0.02 | 0.02 | 0.03 | 0.03 | 0.06 | 0.07 | 0.17 |
| Total Non-current Assets | 0.04 | 0.71 | 0.06 | 0.10 | 0.82 | 0.14 | 0.40 |
| Total Assets | 1.60 | 1.91 | 1.96 | 1.88 | 2.30 | 3.20 | 0.95 |
| Accounts Payable | 0.22 | 0.29 | 0.04 | 0.26 | 0.06 | 0.11 | 1.31 |
| Short-term Debt | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.06 | 0.20 |
| Total Current Liabilities | 0.64 | 0.89 | 0.96 | 0.11 | 0.15 | 1.74 | 3.75 |
| Long-term Debt | -- | 0.00 | 0.01 | 0.01 | 0.00 | 0.02 | 0.00 |
| Total Non-current Liabilities | 0.00 | 0.01 | 0.02 | 0.05 | 0.07 | 0.01 | 0.01 |
| Total Liabilities | 0.64 | 0.90 | 0.14 | 0.82 | 1.04 | 1.82 | 3.85 |
| Retained Earnings | (1.19) | (8.05) | (1.14) | (8.03) | (7.83) | (7.71) | (6.39) |
| Total Stockholder Equity | 1.03 | 1.08 | 1.03 | 1.11 | 0.20 | 0.21 | 2.71 |
Income Statement
(in millions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Total Revenue | 577.97 | 513.62 | 441.27 | 183.62 | 66.90 | 450.26 | 327.64 |
| Cost of Revenue | 242.99 | 155.59 | 20.79 | 13.64 | 39.99 | 237.07 | 172.37 |
| Gross Profit | 334.98 | 358.03 | 41.37 | 12.99 | 171.53 | 32.67 | 155.27 |
| Research & Development | 58.98 | 52.68 | 56.97 | 50.80 | 54.62 | 15.40 | 43.60 |
| Selling, General & Admin | 71.85 | 87.66 | 15.95 | 108.94 | 27.31 | 170.01 | 107.65 |
| Total Operating Expenses | 46.30 | 294.77 | 55.71 | 43.46 | 55.41 | 238.16 | 280.36 |
| Operating Income | 11.24 | 63.26 | (14.35) | (30.48) | (28.49) | (205.48) | (870.84) |
| Interest Expense | -- | -- | 3.53 | 0.71 | 1.18 | 32.27 | 4.89 |
| Pretax Income | (4.36) | 83.05 | (13.96) | (204.02) | (20.25) | (207.06) | (104.95) |
| Tax Provision | 0.20 | 0.84 | 1.44 | (0.11) | 0.13 | (1.02) | 0.95 |
| Net Income | 31.13 | 77.17 | (99.29) | (28.04) | (121.52) | (1,307.96) | (99.77) |
| Basic EPS | 0.01 | 0.21 | (0.27) | (0.52) | (0.33) | -- | -- |
| Diluted EPS | 0.01 | 0.03 | (0.04) | (0.52) | (0.33) | -- | -- |
Cash Flow Statement
(in billions CNY)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Operating Cash Flow | (0.02) | 0.10 | 0.23 | (0.02) | (0.04) | (0.20) | (0.02) |
| Capital Expenditures | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 | 0.03 | 0.02 |
| Free Cash Flow* | (0.02) | 0.08 | 0.23 | (0.03) | (0.04) | (0.23) | (0.03) |
| Investing Cash Flow | 0.00 | 0.03 | 0.04 | (0.05) | 0.70 | 1.16 | (0.58) |
| Financing Cash Flow | (0.16) | (0.07) | -0.00 | -0.00 | (0.34) | (0.21) | 0.07 |
* Derived from reported values
