Overview
China hospitality and retail group's Q4 net revenue rose 34% yr/yr
Q4 adjusted net income grew 48% yr/yr
Company ended 2025 with 2,015 hotels and 224,423 rooms in operation
Outlook
Atour expects 2026 net revenues to rise 20% to 24% from 2025 levels
Result Drivers
HOTEL NETWORK EXPANSION - Co said revenue growth was mainly driven by expansion of manachised hotel network
RETAIL GROWTH - Co said retail revenue rose on growing brand recognition, product innovation and broader offerings
HIGHER OPERATING COSTS - Co said hotel operating costs rose due to variable costs tied to network expansion
Company press release: ID:nGNX9fKxrF
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
RMB 2.79 bln
Q4 Adjusted Net Income
RMB 493 mln
Q4 Net Income
RMB 478 mln
Q4 Income From Operations
RMB 704 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Atour Lifestyle Holdings Ltd is $47.00, about 34.5% above its March 16 closing price of $34.94
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 19 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)