China's Tuniu Q4 revenue rises on package tours strength

Tuniu

05/03/2026 10:13

Overview

China online travel firm's Q4 revenue rose 20.3% yr/yr, driven by package tours

Net income for Q4 was RMB1.5 mln, compared to a net loss in Q4 2024

Company announced a three-year shareholder return plan with dividends and buybacks

Outlook

Tuniu expects Q1 2026 net revenues between RMB125.7 mln and RMB131.6 mln

Result Drivers

PACKAGE TOUR REVENUE - Revenues from package tours increased by 35.3% yr/yr, driven by growth in organized and self-guided tours

COST REDUCTIONS - Co achieved ongoing cost reductions and efficiency improvements through operational optimizations supported by new technologies

HIGHER COST OF REVENUES - Cost of revenues increased by 62.5% yr/yr, impacting gross profit margins

Company press release: ID:nPnbcnGcGa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
RMB 123.54 mln
Q4 Net Income
RMB 1.54 mln
Q4 Gross Profit
RMB 70.04 mln
Q4 Income from Operations
RMB 1.08 mln
Q4 Operating Expenses
-RMB 68.97 mln
Q4 Pretax Profit
RMB 2.12 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the leisure & recreation peer group is "buy."

Wall Street's median 12-month price target for Tuniu Corp is $1.70, about 150% above its March 4 closing price of $0.68

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 27 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)