Atour Lifestyle Holdings Ltd
ATAT- Exchange
- Nasdaq
- Industry
- Hotels & Motels
- SEC CIK
- 0001853717
No open-market purchases or sales by Atour Lifestyle Holdings Ltd insiders were filed in the last 90 days; 180 institutions reported holding it in 13F filings for Q2 2026, worth $2.50B in total; Greenwoods Asset Management is the only superinvestor holding it.
- Currency
- CNY
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 2:46 PM ET
Amounts are in CNY, the currency Atour Lifestyle Holdings Ltd reports in. Lines marked ≈ US$ convert key figures to US dollars.
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Filing | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – |
| Revenue | CNY 9.79B≈ US$1.36B | CNY 7.25B≈ US$1.01B | CNY 4.67B≈ US$659.4M | CNY 2.26B≈ US$337.0M |
| Research and development | CNY 177.9M | CNY 134.0M | CNY 77.3M | CNY 66.2M |
| Selling, general and administrative | CNY 516.7M | CNY 352.6M | CNY 451.5M | CNY 350.0M |
| Operating income | CNY 2.31B | CNY 1.62B | CNY 924.0M | CNY 165.0M |
| Interest expense | – | – | CNY 5.00M | CNY 6.50M |
| Income tax | CNY 741.6M | CNY 446.0M | CNY 243.0M | CNY 84.5M |
| Net income | CNY 1.62B≈ US$225.6M | CNY 1.28B≈ US$177.3M | CNY 737.1M≈ US$104.2M | CNY 98.1M≈ US$14.6M |
| EPS, basic | CNY 3.90 | CNY 3.08 | CNY 1.82 | CNY 0.26 |
| EPS, diluted | CNY 3.87 | CNY 3.06 | CNY 1.78 | CNY 0.26 |
| Weighted shares, basic | 415.6M | 413.7M | 405.6M | 379.3M |
| Weighted shares, diluted | 419.3M | 417.2M | 414.8M | 381.6M |
| Margins and growth | ||||
| Operating margin | 23.6% | 22.4% | 19.8% | 7.3% |
| Net margin | 16.6% | 17.6% | 15.8% | 4.3% |
| Revenue growth, year over year | +35.1% | +55.3% | +106.2% | – |
| Net income growth, year over year | +27.1% | +73.0% | +651.4% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Filing | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – |
| Cash and equivalents | CNY 3.30B | CNY 3.62B | CNY 2.84B | CNY 1.59B |
| Short-term investments | CNY 2.56B | CNY 1.27B | CNY 751.8M | CNY 157.8M |
| Accounts receivable | CNY 341.4M | CNY 186.0M | CNY 162.1M | CNY 132.7M |
| Inventory | CNY 278.8M | CNY 167.4M | CNY 119.1M | CNY 57.5M |
| Total current assets | CNY 7.36B | CNY 5.72B | CNY 4.24B | CNY 2.12B |
| Property, plant and equipment | CNY 225.6M | CNY 213.7M | CNY 266.1M | CNY 360.3M |
| Goodwill | CNY 17.4M | CNY 17.4M | CNY 17.4M | CNY 17.4M |
| Intangible assets | CNY 4.71M | CNY 6.37M | CNY 4.25M | CNY 5.54M |
| Total assets | CNY 9.17B≈ US$1.31B | CNY 7.88B≈ US$1.08B | CNY 6.59B≈ US$927.8M | CNY 4.76B≈ US$690.4M |
| Accounts payable | CNY 822.0M | CNY 693.8M | CNY 594.5M | CNY 184.9M |
| Short-term debt | CNY 250.0M | CNY 60.0M | CNY 70.0M | CNY 142.8M |
| Total current liabilities | CNY 3.73B | CNY 2.83B | CNY 2.38B | CNY 1.35B |
| Long-term debt | CNY 2.00M | CNY 2.00M | CNY 2.00M | CNY 2.00M |
| Total liabilities | CNY 5.59B | CNY 4.93B | CNY 4.53B | CNY 3.57B |
| Shareholders' equity | CNY 3.58B | CNY 2.95B | CNY 2.06B | CNY 1.19B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Filing | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – |
| Operating cash flow | CNY 1.99B≈ US$277.3M | CNY 1.73B≈ US$239.9M | CNY 1.99B≈ US$281.0M | CNY 283.7M≈ US$42.2M |
| Capital expenditures | CNY 85.8M | CNY 56.2M | CNY 41.7M | CNY 36.4M |
| Free cash flow | CNY 1.91B≈ US$265.4M | CNY 1.67B≈ US$232.1M | CNY 1.95B≈ US$275.1M | CNY 247.3M≈ US$36.8M |
| Depreciation and amortization | CNY 54.1M | CNY 65.2M | CNY 85.0M | CNY 88.6M |
| Stock-based compensation | CNY 131.5M | CNY 32.8M | CNY 164.0M | CNY 163.2M |
| Dividends paid | CNY 772.0M | CNY 436.0M | CNY 150.6M | – |
| Share buybacks | CNY 329.9M | – | – | – |
| Investing cash flow | CNY -1.33B | CNY -520.6M | CNY -600.5M | CNY -192.2M |
| Financing cash flow | CNY -924.9M | CNY -426.6M | CNY -146.9M | CNY 456.3M |
| Net change in cash | CNY -299.5M | CNY 777.9M | CNY 1.25B | CNY 550.6M |
| Ratio | ||||
| Stock-based compensation, % of revenue | 1.3% | 0.5% | 3.5% | 7.2% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- ≈ US$ figures convert CNY at FRED H.10 exchange rates (Federal Reserve): the average rate over the period for income and cash flow, and the rate on the period-end date, or the last business day before it, for the balance sheet.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.