Balance Sheet Atour Lifestyle Holdings Limited

Equities

ATAT

US04965M1062

Hotels, Motels & Cruise Lines

Market Closed - Nasdaq Other stock markets 04:00:00 2025-11-14 pm EST			5-day change	1st Jan Change
39.25 ^USD	-2.63%		0.00%	+45.97%

Nov. 12	Asian Equities Traded in the US as American Depositary Receipts Advance in Wednesday Trading	MT
Nov. 12	JPMorgan Initiates Atour Lifestyle at Overweight With $57 Price Target	MT

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Published financial data: ATOUR LIFESTYLE HOLDINGS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	1.57B	2.15B	2.26B	4.52B	7.05B
Other Revenues, Total	-	-	-	148M	199M
Total Revenues	1.57B	2.15B	2.26B	4.67B	7.25B
Cost of Goods Sold, Total	1.15B	1.42B	1.39B	2.75B	4.19B
Gross Profit	416M	728M	870M	1.91B	3.06B
Selling General & Admin Expenses, Total	259M	333M	490M	921M	1.33B
Pre-Opening Costs	18.26M	6.34M	-	-	-
R&D Expenses	33.65M	52.12M	66.18M	77.29M	134M
Other Operating Expenses	58.2M	141M	149M	-10.64M	-25.71M
Other Operating Expenses, Total	369M	533M	705M	988M	1.43B
Operating Income	47.72M	195M	165M	924M	1.62B
Interest Expense, Total	-1.48M	-7.94M	-6.5M	-5M	-3.11M
Interest And Investment Income	707K	6.72M	14.46M	29.57M	48.42M
Net Interest Expenses	-774K	-1.22M	7.96M	24.56M	45.3M
Other Non Operating Income (Expenses)	1.88M	301K	-814K	-1.02M	2.46M
EBT, Excl. Unusual Items	48.82M	194M	172M	948M	1.67B
Gain (Loss) On Sale Of Investments	11.05M	8.74M	8.46M	34.52M	48.94M
Other Unusual Items	15.55M	646K	-	-	-
EBT, Incl. Unusual Items	75.42M	204M	181M	982M	1.72B
Income Tax Expense	37.6M	64.22M	84.47M	243M	446M
Earnings From Continuing Operations	37.82M	140M	96.08M	739M	1.27B
Net Income to Company	37.82M	140M	96.08M	739M	1.27B
Minority Interest	4.23M	5.38M	2.02M	-1.92M	2.36M
Net Income - (IS)	42.05M	145M	98.1M	737M	1.28B
Preferred Dividend and Other Adjustments	52.88M	15.12M	-	-	-
Net Income to Common Incl Extra Items	-10.83M	130M	98.1M	737M	1.28B
Net Income to Common Excl. Extra Items	-10.83M	130M	98.1M	737M	1.28B
Per Share Items
Net EPS - Basic	-0.19	1.21	0.78	5.45	9.25
Basic EPS - Continuing Operations	-0.19	1.21	0.78	5.45	9.25
Basic Weighted Average Shares Outstanding	57.2M	108M	126M	135M	138M
Net EPS - Diluted	-0.19	1.21	0.78	5.34	9.18
Diluted EPS - Continuing Operations	-0.19	1.21	0.78	5.34	9.18
Diluted Weighted Average Shares Outstanding	57.2M	108M	127M	138M	139M
Normalized Basic EPS	0.61	1.18	0.87	4.37	7.59
Normalized Diluted EPS	0.61	1.18	0.86	4.27	7.52
Dividend Per Share	-	-	-	1.06	3.28
Payout Ratio	-	14.23	-	20.43	34.19
American Depositary Receipts Ratio (ADR)	3	3	3	3	3
Supplemental Items
EBITDA	132M	288M	252M	1.01B	1.69B
EBITA	47.72M	195M	165M	924M	1.62B
EBIT	47.72M	195M	165M	924M	1.62B
EBITDAR	484M	645M	606M	1.36B	2.01B
Total Revenues (As Reported)	1.57B	2.15B	2.26B	4.67B	7.25B
Effective Tax Rate - (Ratio)	49.85	31.5	46.79	24.75	25.95
Current Domestic Taxes	71.93M	73.61M	74.3M	275M	532M
Total Current Taxes	71.93M	73.61M	74.3M	275M	532M
Deferred Domestic Taxes	-34.33M	-9.4M	10.17M	-32.07M	-85.93M
Total Deferred Taxes	-34.33M	-9.4M	10.17M	-32.07M	-85.93M
Normalized Net Income	34.74M	127M	110M	590M	1.05B
Supplemental Operating Expense Items
Marketing Expenses	15.47M	64.23M	74.96M	302M	651M
Selling and Marketing Expenses	70.97M	124M	140M	470M	973M
General and Administrative Expenses	131M	197M	350M	451M	353M
Research And Development Expense From Footnotes	33.65M	52.12M	66.18M	77.29M	134M
Net Rental Expense, Total	353M	357M	354M	355M	320M
Imputed Operating Lease Interest Expense	43.06M	197M	15.27M	6.69M	4.31M
Imputed Operating Lease Depreciation	310M	161M	338M	348M	315M
Stock-Based Comp., COGS (Total)	-	-	2.11M	1.29M	5.64M
Stock-Based Comp., S&M Exp. (Total)	-	-	618K	391K	2.72M
Stock-Based Comp., G&A Exp. (Total)	-	-	160M	162M	23.72M
Total Stock-Based Compensation	-	-	163M	164M	32.08M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	825M	1.04B	1.59B	2.84B	3.62B
Short Term Investments	5.69M	2.9M	160M	754M	1.28B
Total Cash And Short Term Investments	830M	1.04B	1.75B	3.59B	4.89B
Accounts Receivable, Total	144M	107M	141M	167M	189M
Other Receivables	48.86M	74.24M	73.69M	130M	178M
Notes Receivable	15M	-	-	-	-
Total Receivables	207M	181M	215M	298M	367M
Inventory	54.19M	70.82M	63.45M	123M	224M
Prepaid Expenses	9.99M	12.11M	5.47M	24.7M	3.28M
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	68.03M	110M	91.48M	201M	227M
Total Current Assets	1.17B	1.42B	2.12B	4.24B	5.72B
Gross Property Plant And Equipment	799M	859M	2.8B	2.55B	2.22B
Accumulated Depreciation	-331M	-420M	-503M	-567M	-504M
Net Property Plant And Equipment	467M	439M	2.29B	1.98B	1.72B
Goodwill	17.45M	17.45M	17.45M	17.45M	17.45M
Other Intangibles, Total	3.32M	3.82M	5.54M	4.25M	6.37M
Accounts Receivable Long-Term	52.93M	62.62M	58.29M	54.45M	33.93M
Deferred Tax Assets Long-Term	113M	123M	113M	145M	231M
Deferred Charges Long-Term	67.83M	97.53M	67.27M	98.22M	119M
Other Long-Term Assets, Total	93.54M	85.79M	83.99M	47.44M	38.47M
Total Assets	1.99B	2.25B	4.76B	6.59B	7.88B
Liabilities
Accounts Payable, Total	89.52M	163M	188M	596M	696M
Accrued Expenses, Total	109M	117M	123M	323M	362M
Short-term Borrowings	89.27M	64.81M	143M	70M	60M
Current Portion of Long-Term Debt	1M	1M	29.13M	-	-
Current Portion of Leases	-	-	320M	296M	291M
Current Income Taxes Payable	61.51M	46.18M	31.34M	136M	222M
Unearned Revenue Current, Total	187M	234M	203M	406M	454M
Other Current Liabilities	362M	425M	310M	551M	745M
Total Current Liabilities	898M	1.05B	1.35B	2.38B	2.83B
Long-Term Debt	31.16M	43.63M	2M	2M	2M
Long-Term Leases	-	-	1.81B	1.58B	1.38B
Unearned Revenue Non Current	229M	268M	278M	369M	475M
Other Non Current Liabilities	261M	318M	142M	194M	246M
Total Liabilities	1.42B	1.68B	3.57B	4.53B	4.93B
Preferred Stock Redeemable	881M	-	-	-	-
Preferred Stock Convertible	43K	-	-	-	-
Total Preferred Equity	881M	-	-	-	-
Common Stock, Total	130K	274K	285K	300K	301K
Additional Paid In Capital	-	765M	1.29B	1.56B	1.61B
Retained Earnings	-306M	-176M	-78.3M	507M	1.35B
Comprehensive Income and Other	-	-8.95M	-10.86M	4.77M	1.39M
Total Common Equity	-306M	579M	1.2B	2.07B	2.96B
Minority Interest	-9.43M	-14.81M	-9.9M	-7.98M	-10.34M
Total Equity	566M	565M	1.19B	2.06B	2.95B
Total Liabilities And Equity	1.99B	2.25B	4.76B	6.59B	7.88B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	57.2M	126M	131M	138M	138M
ECS Total Common Shares Outstanding	57.2M	126M	131M	138M	138M
Book Value / Share	-5.35	4.61	9.13	15.03	21.48
Tangible Book Value	-327M	558M	1.17B	2.05B	2.93B
Tangible Book Value Per Share	-5.72	4.44	8.96	14.87	21.31
Total Debt	121M	109M	2.3B	1.95B	1.73B
Net Debt	-709M	-932M	550M	-1.64B	-3.16B
Debt Equivalent Oper. Leases	2.82B	2.86B	2.83B	2.84B	2.56B
Minority Interest, Total (Incl. Fin. Div)	-9.43M	-14.81M	-9.9M	-7.98M	-10.34M
Account Code - Inventory Valuation	8	8	8	6	6
Machinery, Total	377M	407M	420M	421M	352M
Full Time Employees	2.72K	3.18K	3.26K	4.25K	5.49K
Accumulated Allowance for Doubtful Accounts (Supple)	14.97M	14.73M	19.47M	32.3M	15.56M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	42.05M	145M	98.1M	737M	1.28B
Depreciation & Amortization - CF	84M	92.61M	87.47M	83.73M	65.23M
Depreciation & Amortization, Total	84M	92.61M	87.47M	83.73M	65.23M
Amortization of Deferred Charges, Total - (CF)	952K	1.3M	1.09M	1.29M	-
(Gain) Loss From Sale Of Asset	-	2.21M	2.02M	578K	-
(Gain) Loss on Sale of Investments - (CF)	-11.05M	-8.74M	-8.46M	-34.52M	-48.94M
Asset Writedown & Restructuring Costs	-	-	-	60.52M	54.66M
Stock-Based Compensation (CF)	-	-	163M	164M	32.79M
Provision and Write-off of Bad Debts	3.21M	2.89M	4.74M	40.75M	30.81M
Other Operating Activities, Total	-38.56M	-14.78M	276M	208M	166M
Change In Accounts Receivable	-63.09M	40.42M	-37.48M	-42.71M	-29.7M
Change In Inventories	-15.73M	-28.23M	1.12M	-85.48M	-99.11M
Change In Accounts Payable	4.84M	75.51M	23.62M	410M	99.24M
Change in Unearned Revenues	43.4M	85.78M	-20.81M	295M	154M
Change In Income Taxes	39.58M	-15.33M	-14.84M	105M	85.45M
Change in Other Net Operating Assets	29.06M	39.19M	-293M	46.19M	-59.6M
Cash from Operations	119M	418M	284M	1.99B	1.73B
Capital Expenditure	-113M	-63.97M	-36.42M	-41.72M	-56.24M
Sale of Property, Plant, and Equipment	-	-	-	670K	2.95M
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-1.22M	-2M	-2.8M	-	-1.94M
Investment in Marketable and Equity Securities, Total	23.45M	8.74M	-153M	-559M	-465M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-15M	15M	-	-	-
Cash from Investing	-106M	-42.22M	-192M	-601M	-521M
Long-Term Debt Issued, Total	128M	218M	199M	40M	60M
Total Debt Issued	128M	218M	199M	40M	60M
Long-Term Debt Repaid, Total	-78.72M	-230M	-134M	-142M	-70M
Total Debt Repaid	-78.72M	-230M	-134M	-142M	-70M
Issuance of Common Stock	-	-	400M	106M	19.45M
Repurchase of Common Stock	-	-111M	-	-	-
Common Dividends Paid	-	-20.64M	-	-151M	-436M
Common & Preferred Stock Dividends Paid	-	-20.64M	-	-151M	-436M
Other Financing Activities, Total	-780K	-17.18M	-8.28M	-	-
Cash from Financing	48.01M	-161M	456M	-147M	-427M
Foreign Exchange Rate Adjustments	-	-8.18M	2.82M	10.41M	-922K
Net Change in Cash	61.15M	206M	551M	1.25B	778M
Supplemental Items
Cash Interest Paid	1.75M	5.7M	4.65M	6.03M	3.6M
Cash Income Tax Paid (Refund)	38.96M	88.95M	82.78M	170M	447M
Levered Free Cash Flow	17.99M	287M	181M	1.67B	1.34B
Unlevered Free Cash Flow	18.91M	292M	185M	1.67B	1.35B
Change In Net Working Capital	-18.11M	-142M	130M	-885M	-292M
Net Debt Issued / Repaid	48.79M	-12M	64.52M	-102M	-10M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.64	5.77	2.94	10.18	14.02
Return on Total Capital	4.63	17.94	4.96	15.41	23.34
Return On Equity %	6.91	24.71	10.97	45.52	50.86
Return on Common Equity	3.6	95.12	11.04	45.15	50.77
Margin Analysis
Gross Profit Margin %	26.58	33.9	38.43	40.97	42.16
SG&A Margin	16.51	15.51	21.65	19.74	18.29
EBITDA Margin %	8.41	13.41	11.15	21.6	23.28
EBITA Margin %	3.05	9.1	7.29	19.8	22.38
EBIT Margin %	3.05	9.1	7.29	19.8	22.38
Income From Continuing Operations Margin %	2.41	6.5	4.25	15.84	17.56
Net Income Margin %	2.68	6.75	4.33	15.8	17.6
Net Avail. For Common Margin %	-0.69	6.05	4.33	15.8	17.6
Normalized Net Income Margin	2.22	5.91	4.84	12.65	14.43
Levered Free Cash Flow Margin	1.15	13.38	8.01	35.72	18.53
Unlevered Free Cash Flow Margin	1.21	13.61	8.19	35.79	18.56
Asset Turnover
Asset Turnover	0.86	1.02	0.65	0.82	1
Fixed Assets Turnover	3.55	4.74	1.66	2.18	3.92
Receivables Turnover (Average Receivables)	13.96	17.13	18.21	29.27	39.57
Inventory Turnover (Average Inventory)	27.69	22.71	20.75	29.49	23.13
Short Term Liquidity
Current Ratio	1.3	1.35	1.58	1.78	2.02
Quick Ratio	1.14	1.16	1.46	1.64	1.86
Operating Cash Flow to Current Liabilities	0.13	0.4	0.21	0.84	0.61
Days Sales Outstanding (Average Receivables)	26.22	21.31	20.05	12.47	9.25
Days Outstanding Inventory (Average Inventory)	13.22	16.07	17.59	12.38	15.82
Average Days Payable Outstanding	26.85	32.09	46.21	50.81	55.26
Cash Conversion Cycle (Average Days)	12.59	5.28	-8.58	-25.97	-30.19
Long Term Solvency
Total Debt/Equity	21.46	19.38	193.61	94.7	58.82
Total Debt / Total Capital	17.67	16.24	65.94	48.64	37.04
LT Debt/Equity	5.51	7.73	152.21	76.95	46.91
Long-Term Debt / Total Capital	4.53	6.47	51.84	39.52	29.53
Total Liabilities / Total Assets	71.51	74.85	75.07	68.72	62.61
EBIT / Interest Expense	32.22	24.62	25.37	184.62	521.64
EBITDA / Interest Expense	88.94	36.29	93.23	272.29	645.35
(EBITDA - Capex) / Interest Expense	12.81	28.23	87.63	263.95	627.27
Total Debt / EBITDA	0.92	0.38	3.79	1.43	0.86
Net Debt / EBITDA	-5.38	-3.24	0.91	-1.21	-1.58
Total Debt / (EBITDA - Capex)	6.4	0.49	4.04	1.48	0.89
Net Debt / (EBITDA - Capex)	-37.37	-4.16	0.97	-1.24	-1.62
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-0.03	37.09	5.37	106.19	55.34
Gross Profit, 1 Yr. Growth %	-11.33	74.81	19.46	166.31	59.86
EBITDA, 1 Yr. Growth %	-17.98	118.66	-12.36	299.22	67.24
EBITA, 1 Yr. Growth %	-47.79	309.53	-15.58	460.16	75.57
EBIT, 1 Yr. Growth %	-47.79	309.53	-15.58	460.16	75.57
Earnings From Cont. Operations, 1 Yr. Growth %	-37.82	269.28	-31.21	669.19	72.24
Net Income, 1 Yr. Growth %	-35.27	244.95	-32.37	651.42	73.01
Normalized Net Income, 1 Yr. Growth %	-40.07	265.36	-13.68	438.71	77.22
Diluted EPS Before Extra, 1 Yr. Growth %	-252.24	-737.06	-35.35	588.28	71.91
Accounts Receivable, 1 Yr. Growth %	77.54	-25.39	32.02	18.27	12.97
Inventory, 1 Yr. Growth %	87.66	30.69	-10.41	94.39	61.3
Net Property, Plant and Equip., 1 Yr. Growth %	12.85	-6.08	422.15	-13.68	-13.25
Total Assets, 1 Yr. Growth %	20.45	13.06	112.1	38.32	19.61
Tangible Book Value, 1 Yr. Growth %	3.51	-270.7	110.39	74.26	43.3
Common Equity, 1 Yr. Growth %	3.67	-289.22	106.64	72.73	42.95
Cash From Operations, 1 Yr. Growth %	-47.05	252.14	-32.12	601.03	-13.21
Capital Expenditures, 1 Yr. Growth %	-17.58	-43.26	-43.06	14.55	34.79
Levered Free Cash Flow, 1 Yr. Growth %	-	1.5K	-36.94	819.53	-19.4
Unlevered Free Cash Flow, 1 Yr. Growth %	-	1.45K	-36.62	801.06	-19.44
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	208.82
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	17.06	20.19	47.4	78.96
Gross Profit, 2 Yr. CAGR %	-	24.5	44.51	77.52	106.33
EBITDA, 2 Yr. CAGR %	-	33.92	36.94	86.85	158
EBITA, 2 Yr. CAGR %	-	46.22	80.56	117.1	213.6
EBIT, 2 Yr. CAGR %	-	46.22	80.56	117.1	213.6
Earnings From Cont. Operations, 2 Yr. CAGR %	-	51.53	59.39	130.03	263.99
Net Income, 2 Yr. CAGR %	-	49.43	52.74	125.43	260.56
Normalized Net Income, 2 Yr. CAGR %	-	47.97	73.16	115.3	208.98
Diluted EPS Before Extra, 2 Yr. CAGR %	-	211.42	102.42	110.95	243.98
Accounts Receivable, 2 Yr. CAGR %	-	15.1	-0.75	24.96	15.59
Inventory, 2 Yr. CAGR %	-	56.6	8.21	31.97	87.78
Net Property, Plant and Equip., 2 Yr. CAGR %	-	2.95	121.45	112.3	-13.46
Total Assets, 2 Yr. CAGR %	-	16.7	54.86	71.29	28.63
Tangible Book Value, 2 Yr. CAGR %	-	32.93	89.51	91.48	58.02
Common Equity, 2 Yr. CAGR %	-	40.06	97.74	88.92	57.13
Cash From Operations, 2 Yr. CAGR %	-	36.55	54.61	118.15	146.66
Capital Expenditures, 2 Yr. CAGR %	-	-31.62	-43.16	-19.24	24.26
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	202.64	140.64	172.1
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	199.09	138.81	169.3
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	13.03	43.88	50
Gross Profit, 3 Yr. CAGR %	-	-	22.8	66.2	71.43
EBITDA, 3 Yr. CAGR %	-	-	16.27	95.63	80.14
EBITA, 3 Yr. CAGR %	-	-	21.75	163.34	102.26
EBIT, 3 Yr. CAGR %	-	-	21.75	163.34	102.26
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	16.46	169.35	108.88
Net Income, 3 Yr. CAGR %	-	-	14.73	159.77	106.4
Normalized Net Income, 3 Yr. CAGR %	-	-	23.64	152.78	101.78
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	84.08	204.39	97.04
Accounts Receivable, 3 Yr. CAGR %	-	-	20.48	5.23	20.83
Inventory, 3 Yr. CAGR %	-	-	30	31.54	46.73
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	76.88	61.76	57.54
Total Assets, 3 Yr. CAGR %	-	-	42.42	49.14	51.96
Tangible Book Value, 3 Yr. CAGR %	-	-	54.91	84.28	73.84
Common Equity, 3 Yr. CAGR %	-	-	59.44	89.02	72.15
Cash From Operations, 3 Yr. CAGR %	-	-	8.17	155.9	60.44
Capital Expenditures, 3 Yr. CAGR %	-	-	-35.67	-28.21	-4.2
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	338.33	67.12
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	331.97	66.25
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	35.84
Gross Profit, 5 Yr. CAGR %	-	-	-	-	45.44
EBITDA, 5 Yr. CAGR %	-	-	-	-	60.07
EBITA, 5 Yr. CAGR %	-	-	-	-	77.76
EBIT, 5 Yr. CAGR %	-	-	-	-	77.76
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	83.71
Net Income, 5 Yr. CAGR %	-	-	-	-	81.38
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	78.35
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	136.39
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	18.5
Inventory, 5 Yr. CAGR %	-	-	-	-	50.6
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	32.89
Total Assets, 5 Yr. CAGR %	-	-	-	-	36.73
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	56.15
Common Equity, 5 Yr. CAGR %	-	-	-	-	58.52
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	50.42
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-16.29