Company Analysis

Tuniu Corporation (TOUR)

Nasdaq: TOUR · Transportation Services · Nanjing, CN · filing with the SEC since 2014
Grade6.1
◀ Past 5.7● Present 6.3▶ Future 6.0
1 est.

The grade of Tuniu Corporation

Nine metrics read from its own filings, by tense
Headline grade
6.1/10
◀ Past5.725% of the headline
● Present6.345% of the headline
▶ Future6.030% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.7/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.8/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 78th percentile among 18 sector filers · read for itself

From the record

Tuniu Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.3/10

What has it actually done, year after year?

-20.4% a year over 7 filed years; profitable in 2 of 7.

weight 33% of this tense · 13th percentile among 15 sector filers · read for its customers

From the record

Tuniu Corporation's 7 filed years say what it did: revenue went from CNY 2.3 billion in fiscal 2019 to CNY 578 million in fiscal 2025, down 20.4% a year; it rose in 3 of 6 years; the deepest fall was 92% from fiscal 2019 to fiscal 2022; net income was positive in 2 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-20.4%bottom 4% of its family
  • the share of years revenue rosebottom 3% of its family
  • the share of filed years with a profitbottom 37% of its family
  • the deepest fall from a revenue peak91.9%bottom 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.9/10

How has it treated the people who own it?

Share count shrank 2.6% a year. 57% of cash flow returned. Insiders: 0 sales, 6 purchases.

weight 22% of this tense · 79th percentile among 13 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Tuniu Corporation's diluted share count shrank about 2.6% a year, and dividends and buybacks returned about 57% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 6 purchases of their own stock on the open market in the year to 2026-09-30, buying about $38 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 16% of its family
  • cash returned against operating cash flowtop 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.3/1045% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
6.5/10

Is it financially healthy right now?

ROE 3%: 3¢ of profit per shareholder dollar. Leverage 36%: owes 36¢ per asset dollar.

weight 33% of this tense · 65th percentile among 17 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Tuniu Corporation earned about 3 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 21 cents per dollar of everything the company owns. Leverage: it owed about 36 cents per dollar of assets, and net share issuance: its share count shrank 5.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 15% of its family
  • return on equitybottom 43% of its family
  • gross profit against assetsbottom 36% of its family
  • the share count against the year beforetop 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.7/10

How strong is its position in its industry?

top 33% of 15 in its family; net margin 5.4%.

weight 45% of this tense · 67th percentile among 15 sector filers · read for its customers

From the record

Tuniu Corporation's standing among 15 graded names in its industry family: revenue of CNY 578 million in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of 5.4% ranks in the top 43%; revenue growth of 46.5% a year over the last 3 filed years ranks in the top 23% (its annual reports).

What it rests on

  • net margin5.4%top 43% of its family
  • three-year revenue growth46.5%top 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.3/10

What are the people in charge doing?

SI estimate 5.3/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 13 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-12 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 13 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-12 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 13 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Tuniu Corporation's leadership is put at 5.3 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-12 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 13 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

6.0/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.1/10

How much room does it have to grow?

top 49% of 15 in its family for room to expand.

weight 33% of this tense · 51st percentile among 15 sector filers · read for itself

From the record

Tuniu Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of CNY 207 million against no long-term debt tagged leaves 13% of its assets as net cash, top 15% of its family; cash from operations less capital spending is -20.1% of revenue (bottom 17%); a gross margin of 58% (top 21%); research spending of 10.2% of revenue (bottom 25%) (its annual report).

What it rests on

  • cash less debt against assets13.0%top 15% of its family
  • cash from operations less capital spending against revenue-20.1%bottom 17% of its family
  • gross margin58.0%top 21% of its family
  • research spending against revenue10.2%bottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.5/10

What could actually drive growth from here?

top 35% of 15 in its family for growth drivers.

weight 33% of this tense · 65th percentile among 15 sector filers · read for its customers

From the record

Tuniu Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 46.5% a year over the last three filed years against -20.4% over all 7, speeding up (top 11% of its family); the newest year grew 12.5% (top 50%); research spending grew 5.1% a year (top 17%); capital spending grew 3.3% a year (bottom 37%) (its annual reports). Tuniu Corporation reported 2 product lines in fiscal 2025: Package Tours Services at CNY 493 million (85%), Other Services at CNY 84 million (15%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+67.0 points a yeartop 11% of its family
  • the newest year's revenue growth12.5%top 50% of its family
  • three-year growth of research spending5.1%top 17% of its family
  • three-year growth of capital spending3.3%bottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.3/10

Did its newest year beat what its own record pointed to?

top 37% of 14 in its family for expectations against reality.

weight 33% of this tense · 63rd percentile among 14 sector filers · read for its shareholders

From the record

Tuniu Corporation's newest year against its own record: revenue of CNY 578 million in fiscal 2025 came in 32.7% below the CNY 859 million its prior three years' pace pointed to (bottom 11% of its family); net income of CNY 31 million against a prior three-year average of CNY 72 million (top 11%); a net margin of 5.4% against -37.6% before (top 11%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-32.7%bottom 11% of its family
  • net income against the prior three years' average+143%top 11% of its family
  • net margin against its prior average+43.0 pointstop 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TOUR · research, not advice