Declaration of Cash Dividend – My Market Wizard

Analyst Summary

Tuniu Corp achieved its first full-year GAAP profit since its Nasdaq listing in 2024.
Revenues from package tours increased by 22.2% year-over-year to RMB407.5 million (US$55.8 million) for fiscal year 2024.
Net income was RMB83.7 million (US$11.5 million) in 2024, compared to a net loss of RMB101.1 million in 2023.
The company declared a cash dividend, signaling confidence in its financial stability.
Gross Profit Margin increased from 66.5% to 69.7% year-over-year.
Operating Expenses as a percentage of Revenue decreased significantly from 89.6% to 57.4%.
Management expresses optimism and commitment to sustainable growth through innovation and high-quality development in 2025.
Sales and marketing expenses increased significantly (53.2% year-over-year) as a percentage of net revenues, raising questions about efficiency.
The company has been actively repurchasing shares, which can be a positive sign if the company believes its shares are undervalued.
Current Ratio decreased from 1.57 to 1.35, a -14.01% decrease.
Quick Ratio decreased from 1.53 to 1.30, a -15.03% decrease.
Debt-to-Equity Ratio decreased from 1.03 to 0.89, a -13.59% decrease.
Asset Turnover increased from 0.23 to 0.27, a 17.39% increase.
Revenue Growth increased by 16.40%.
Net Income Growth increased by 182.79%.
EPS Growth increased by 177.78%.

Risk: The online travel industry in China is highly competitive.
Risk: Tuniu’s business is sensitive to economic conditions in China and globally.
Risk: Health epidemics can significantly impact travel demand.
Risk: The company is exposed to foreign exchange risk.
Opportunity: The online travel market in China is expected to continue to grow.
Opportunity: Tuniu’s focus on product innovation could differentiate it from competitors.
Opportunity: Strategic partnerships can expand Tuniu’s reach.

Improved profitability and financial stability due to increased revenues and cost management.
Potential for continued growth and market share expansion in the online travel market in China.
Increased efficiency and pricing power, as indicated by the increase in gross profit margin.
Sustainable growth through innovation and high-quality development.

Positive investor sentiment due to the company’s first full-year GAAP profit since its Nasdaq listing.
Potential increase in stock price due to the declaration of a cash dividend and share repurchase program.
Positive outlook and growth trajectory may attract more investors.
Valuation ratios (P/E, P/B, P/S, EV/EBITDA) are below average, indicating potential undervaluation.