Atour Lifestyle Holdings Ltd (ATAT)
Atour Lifestyle Holdings Limited, operating through its subsidiaries, manages a substantial hotel chain across China. The company distinguishes itself by offering a range of themed hotels, including concepts like music, basketball, and literary hotels, designed to cater to diverse interests and lifestyles across various age demographics. As of March 31, 2021, its extensive hotel footprint covered 131 cities within China, comprising 608 hotels with a combined total of 71,121 rooms. This figure includes 575 manachised hotels, contributing 66,267 rooms, alongside an impressive development pipeline of 299 new hotels, which will add 32,825 rooms. Additionally, Atour provides comprehensive hotel management services to its franchisees, overseeing day-to-day operations, and sells a variety of hotel supplies and other related products. The company was founded in 2012 and maintains its headquarters in Shanghai, China.
Sector: Hotels & Motels
Industry: Travel Lodging
Atour Lifestyle Holdings Limited
NASDAQ:ATATConsumer Cyclical · Travel Lodging
+2.28%$35.91
CLOSED · Nov 6Prev close$35.11+2.28%Close$35.91-1.42%AH close$35.40
AH$35.40-1.42%vs close
Mkt Cap$4.89B
Float136.37M
O/S136.04M
VOL728K sh
$ Vol$26M
RVOL0.86×
Inst Own59.5%
SI1.7%
Div Yield2.51%
Dilution
Financials Summary
Revenue$1.47B
Net Income$242.98M
Total Assets$1.38B
Free Cash Flow$278.07M
Debt & Equity
Debt 30%
Equity 70%
Total Debt$228.72M
Total Equity$538.99M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ATAT's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.38B
Liabilities$837.96M
Accounts Receivable$80.06M
Accounts Payable$123.29M
Inventory$41.82M
PP&E (Net)$200.11M
Goodwill$2.62M
Intangible Assets$707K
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $1.47B | $1.09B | $699.41M | $339.21M | $321.91M | $234.82M | $234.9M |
| YoY Growth | 35.1% | 55.3% | 106.2% | 5.4% | 37.1% | -0.0% | - |
| Cost of Revenue | $818.05M | $628.34M | $412.85M | $231.61M | $230.98M | $172.4M | $164.5M |
| Gross Profit | $649.45M | $458.09M | $286.56M | $107.6M | $90.93M | $62.42M | $70.4M |
| Gross Margin | 44.3% | 42.2% | 41.0% | 31.7% | 28.2% | 26.6% | 30.0% |
| Research and Development | $26.67M | $20.09M | $11.59M | $9.92M | $7.81M | $5.04M | $4.4M |
| Selling, General, and Administrative | $300.74M | $198.68M | $138.06M | $73.44M | $48.16M | $30.33M | $32.08M |
| Other | -$23.72M | -$3.85M | -$1.59M | -$483K | $5.57M | $17.57M | $20.22M |
| Total Operating Expenses | $303.69M | $214.92M | $148.05M | $82.88M | $61.54M | $52.94M | $56.7M |
| Operating Income (EBIT) | $345.76M | $243.18M | $138.51M | $24.73M | $29.39M | $9.48M | $13.7M |
| Operating Margin | 23.6% | 22.4% | 19.8% | 7.3% | 9.1% | 4.0% | 5.8% |
| Interest Expense | $637K | $466K | $750K | $974K | $1.19M | $222K | $644K |
| Interest Income | $10.82M | $7.26M | $4.43M | $2.17M | $1.01M | $106K | $36K |
| Other Income (Expense) | $8.43M | $14.5M | $8.7M | $2.34M | $1.17M | $1.82M | $2.54M |
| Income Before Tax (EBT) | $354.19M | $257.67M | $147.21M | $27.06M | $30.56M | $11.31M | $16.24M |
| Income Tax Expense | $111.17M | $66.86M | $36.43M | $12.66M | $9.63M | $5.64M | $7.12M |
| Net Income | $242.98M | $191.17M | $110.49M | $14.7M | $21.74M | $6.3M | $9.74M |
| Net Income Margin | 16.6% | 17.6% | 15.8% | 4.3% | 6.8% | 2.7% | 4.1% |
| Supplementary Data | |||||||
| EPS | 11.40 | 9.24 | 5.33 | 0.78 | 0.89 | 0.32 | 0.50 |
| Diluted EPS | 11.34 | 9.18 | 5.32 | 0.76 | 0.89 | 0.32 | 0.50 |
| Weighted Average OS | 138.54M | 137.89M | 138.04M | 126.44M | 130.41M | 130.41M | 130.41M |
| EBITDA | $362.94M | $267.92M | $160.71M | $41.31M | $45.83M | $24.26M | $27.39M |
| EBITDA Margin | 24.7% | 24.7% | 23.0% | 12.2% | 14.2% | 10.3% | 11.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $495.56M | $542.39M | $425.83M | $238.21M | $155.68M | $123.6M | $114.41M |
| Short-Term Investments | $384.39M | $189.78M | $112.69M | $23.65M | $0 | $852K | $1.86M |
| Cash and Short-Term Investments | $879.95M | $732.17M | $538.52M | $261.86M | $155.68M | $124.45M | $116.26M |
| Accounts Receivable | $80.06M | $87.51M | $72.76M | $27.93M | $42.7M | $21.52M | $20.16M |
| Inventory | $41.82M | $25.1M | $17.85M | $8.61M | $8.78M | $8.12M | $2.19M |
| Other Current Assets | $101.39M | $1.61M | $1.98M | $0 | $1.04M | $19.77M | $9.5M |
| Total Current Assets | $1.1B | $856.77M | $635.8M | $318.48M | $212.29M | $175.36M | $144.35M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $200.11M | $257.31M | $296.72M | $343.61M | $65.87M | $70.07M | $63.63M |
| Goodwill | $2.62M | $2.62M | $2.62M | $2.62M | $2.62M | $2.62M | $2.62M |
| Intangible Assets | $707K | $955K | $637K | $830K | $573K | $498K | $458K |
| Long-Term Investments | $2.43M | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $38.04M | $34.61M | $21.73M | $16.87M | $18.39M | $0 | $11.84M |
| Other Long-Term Assets | $27.92M | $28.75M | $29.87M | $31.41M | $36.8M | $49.11M | $24.22M |
| Total Long-Term Assets | $271.83M | $324.23M | $351.57M | $395.33M | $124.25M | $122.29M | $102.76M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.38B | $1.18B | $987.37M | $713.81M | $336.54M | $297.65M | $247.11M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $123.29M | $104M | $89.12M | $27.72M | $24.17M | $13.42M | $12.13M |
| Short-Term Debt | $72.03M | $8.99M | $10.49M | $25.78M | $9.86M | $13.53M | $6.65M |
| Current Income Tax Payable | $0 | $42M | $30.72M | $7.68M | $10.24M | $0 | $6.75M |
| Current Unearned Revenue | $105.17M | $68.05M | $60.87M | $30.43M | $35.04M | $0 | $25.78M |
| Other Current Liabilities | $163.98M | $0 | $0 | $0 | $972K | $91.44M | $65.77M |
| Total Current Liabilities | $558.79M | $424.24M | $356.43M | $202M | $157.6M | $134.68M | $101.43M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $300K | $300K | $300K | $300K | $6.54M | $4.67M | $4.24M |
| Long-Term Unearned Revenue | $78.96M | $71.25M | $55.38M | $41.65M | $40.16M | $0 | $40.54M |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $43.51M | $36.81M | $29.15M | $21.25M | $47.61M | $73.49M | $145.82M |
| Total Long-Term Liabilities | $279.17M | $315.19M | $322.14M | $333.82M | $94.31M | $78.16M | $190.61M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $837.96M | $739.43M | $678.57M | $535.82M | $251.9M | $212.84M | $292.04M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $132.12M | $0 |
| Common Stock | $45K | $45K | $45K | $43K | $41K | $19K | $26K |
| Retained Earnings | $329.31M | $201.84M | $76.03M | -$11.74M | -$26.44M | -$45.92M | -$44.3M |
| Comprehensive Income & Other | -$5.15M | $208K | $715K | -$1.63M | -$1.34M | $0 | $0 |
| Other Stockholders' Equity | $209.64M | $241.24M | $233.92M | $191.17M | $113.25M | $132.12M | $0 |
| Total Equity | $538.99M | $443.13M | $310M | $179.47M | $86.85M | $86.22M | -$44.27M |
| Minority Interest | -$1.9M | -$1.55M | -$1.2M | -$1.48M | -$2.22M | -$1.41M | -$662K |
| Total Liabilities and Equity | $1.38B | $1.18B | $988.56M | $715.29M | $338.76M | $299.06M | $247.77M |
| Supplementary Data | |||||||
| Total Debt | $228.72M | $259.74M | $292.43M | $344.6M | $16.4M | $18.2M | $10.89M |
| Net Debt | -$266.84M | -$282.65M | -$133.39M | $106.4M | -$139.28M | -$105.39M | -$103.52M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | $236.36M | $191.17M | $110.78M | $14.4M | $20.94M | $5.67M | $9.12M |
| Depreciation & Amortization | $8.11M | $9.78M | $12.74M | $13.27M | $14.08M | $12.73M | $10.51M |
| Deferred Income Tax | $0 | $0 | -$4.81M | $1.53M | -$1.41M | -$5.15M | $248K |
| Stock-Based Compensation | $0 | $0 | $24.58M | $24.46M | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||
| Accounts Receivable | $0 | $0 | -$6.4M | -$5.62M | $6.06M | -$9.46M | -$5.82M |
| Inventory | $0 | $0 | -$12.81M | $167K | -$4.23M | -$2.36M | -$743K |
| Accounts Payable | $0 | $0 | $61.4M | $3.54M | $11.32M | $726K | $1.47M |
| Other Working Capital | $0 | $0 | $66.81M | $0 | $16.43M | $16.79M | $21.52M |
| Total Working Capital Change | $0 | $0 | $109M | -$1.91M | $29.58M | $5.71M | $16.43M |
| Other Non-Cash Items | $46.11M | $57.77M | $45.79M | -$9.23M | -$546K | -$1.17M | -$2.71M |
| Net Cash from Operating | $290.58M | $258.71M | $298.09M | $42.52M | $62.64M | $17.79M | $33.59M |
| Investing Activities | |||||||
| Capital Expenditures | -$12.54M | -$8.43M | -$6.25M | -$5.88M | -$9.89M | -$17.08M | -$20.67M |
| Acquisitions | $842K | $0 | $0 | $23.35M | -$299K | -$183K | -$3.45M |
| Purchases of Investments | -$2.32B | -$3B | -$1.41B | -$439.35M | -$645.14M | -$509.03M | -$551.77M |
| Sales of Investments | $2.14B | $2.93B | $1.33B | $416.41M | $646.45M | $512.55M | $615.59M |
| Other Investing Activities | $711K | $151K | $100K | -$23.35M | $2.55M | -$2.07M | $0 |
| Net Cash from Investing | -$194.23M | -$78.03M | -$90.02M | -$28.81M | -$6.33M | -$15.82M | $39.7M |
| Financing Activities | |||||||
| Debt Repaid | - | $1.5M | $15.28M | -$9.67M | $1.8M | -$7.31M | $1.51M |
| Common Stock Issuance | $2.75M | $0 | $0 | $59.97M | $0 | $0 | $0 |
| Common Stock Repurchases | -$48.1M | $0 | $0 | $0 | -$16.68M | $0 | $0 |
| Dividends Paid | -$112.57M | -$65.36M | -$22.57M | $0 | -$3.09M | $0 | $0 |
| Other Financing Activities | -$4.65M | $2.92M | $15.83M | -$1.24M | -$2.58M | -$117K | $0 |
| Net Cash from Financing | -$134.86M | -$63.94M | -$22.02M | $68.4M | -$24.15M | $7.2M | -$1.51M |
| Forex Effect | $14.47M | -$138K | $1.56M | $422K | -$1.23M | $0 | $0 |
| Net Change in Cash | -$24.04M | $116.6M | $187.62M | $82.53M | $30.94M | $9.17M | $71.78M |
| Supplementary Data | |||||||
| Operating Cash Flow | $290.58M | $258.71M | $298.09M | $42.52M | $62.64M | $17.79M | $33.59M |
| Capital Expenditure | -$12.51M | -$8.43M | -$6.25M | -$5.88M | -$9.89M | -$17.08M | -$20.67M |
| Free Cash Flow | $278.07M | $250.28M | $291.84M | $36.64M | $52.75M | $704K | $12.92M |
| Cash at Beginning | $519.6M | $425.97M | $238.35M | $155.82M | $124.88M | $115.72M | $43.93M |
| Cash at End | $495.56M | $542.57M | $425.97M | $238.35M | $155.82M | $124.88M | $115.72M |