ATOUR LIFESTYLE Reports Second Quarter Earnings for FY2023 on August 17th
August 28, 2023
🌥️Earnings Overview
On August 17 2023, ATOUR LIFESTYLE ($NASDAQ:ATAT) announced their earnings results for Q2 of FY2023, ending on June 30 2023. The total revenue for the quarter was CNY 1092.7 million, showing a growth of 112.3% compared to the same period in the prior year. The net income reported was CNY 238.2 million, versus CNY 61.2 million for the same quarter a year ago.
Price History
On Thursday, August 17th, ATOUR LIFESTYLE reported their second quarter earnings for fiscal year 2023. As the trading day opened, the stock price of ATOUR LIFESTYLE opened at $21.9 and closed at $22.0, a rise of 6.0% from the previous closing price of 20.8. This is an impressive show of growth for the brand, indicating a positive outlook for the company. The boost in the share price was likely in response to the announcement of the company’s second quarter earnings.
The impressive earnings report bodes well for ATOUR LIFESTYLE and its shareholders, as the company continues to expand its reach and develop new products and services to stay competitive in the market. The results of the second quarter earnings report demonstrate that ATOUR LIFESTYLE is making progress towards meeting its financial goals and that the future looks bright for the brand. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Atour Lifestyle. More…
| Total Revenues | Net Income | Net Margin |
| 3.16k | 285.12 | 8.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Atour Lifestyle. More…
| Operations | Investing | Financing |
| 1.03k | -43.22 | 260.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Atour Lifestyle. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.52k | 3.9k | 12.41 |
Key Ratios Snapshot
Some of the financial key ratios for Atour Lifestyle are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.0% | 21.8% | 15.1% |
| FCF Margin | ROE | ROA |
| 30.9% | 20.0% | 5.4% |
Analysis
As we examine the financials of ATOUR LIFESTYLE, GoodWhale can quickly analyze and classify it as a “gorilla”. As a gorilla company, ATOUR LIFESTYLE has achieved stable and high revenue or earning growth due to its strong competitive advantage. With a high health score of 9/10 considering its cashflows and debt, ATOUR LIFESTYLE is capable to sustain future operations even in times of crisis. Moreover, ATOUR LIFESTYLE is strong in growth, medium in asset, profitability and weak in dividend. These characteristics of ATOUR LIFESTYLE’s financials make it an attractive investment for various types of investors such as growth investors, value investors and income investors. More…
Peers
It is one of the few companies that provides comprehensive services in the hospitality sector, such as hotel management, catering, travel services, and more. It is a major player in the industry and competes with other leading companies like Gujarat Hotels Ltd, Benares Hotels Ltd, and Hotel Royal Chihpen Spa Co Ltd. These companies all strive to provide high-quality service and products to their customers, ensuring that they have an enjoyable and profitable experience.
– Gujarat Hotels Ltd ($BSE:507960)
Gujarat Hotels Ltd is a hospitality company based in India that engages in the ownership and management of hotels, resorts, and restaurants. As of 2023, the company has a market cap of 504.88M and a Return on Equity (ROE) of 4.42%. The market cap is a measure of the company’s total value and is calculated by multiplying the price of one share of stock by the total number of outstanding shares. The ROE measures the efficiency of management at generating profits with shareholders’ money, indicating the rate of return on the ownership investment. Gujarat Hotels Ltd’s ROE indicates that it is able to generate a healthy return for its investors.
– Benares Hotels Ltd ($BSE:509438)
Benares Hotels Ltd is a hospitality company that operates hotels and resorts throughout India. The company is well-regarded for its quality service, luxury accommodations, and unique experiences. As of 2023, the company has a market cap of 4.24B, reflecting its impressive growth over the past few years. Furthermore, it has an excellent Return on Equity (ROE) of 19.1%, indicating that the company is quite efficient at utilizing its equity to generate profits.
– Hotel Royal Chihpen Spa Co Ltd ($TPEX:5704)
Hotel Royal Chihpen Spa Co Ltd is a hospitality and spa company that provides luxurious accommodations and spa services in Taiwan. The company has a market capitalisation of 2.27 billion US dollars as of 2023, making it one of the largest hospitality and spa companies in the region. The Return on Equity (ROE) of 13.75% indicates that the company is able to generate a substantial amount of profit from the money invested by shareholders. With its strong financial performance and unique offerings, Hotel Royal Chihpen Spa Co Ltd is well-positioned to capture a larger share of the hospitality and spa industry.
Summary
ATOUR LIFESTYLE reported their financial results for the second quarter of FY2023, ending on June 30 2023, with total revenue of CNY 1092.7 million, a 112.3% year-over-year increase. Net income was CNY 238.2 million, compared to the same period in the previous year which was CNY 61.2 million. In response to this news, the stock price of ATOUR LIFESTYLE moved up on the same day. This positive performance could indicate a strong investing opportunity for investors looking to diversify their portfolio.
The company’s growth may be further boosted by its ability to capture new markets and adapt to changing market conditions. Investors should, however, conduct their own research to fully assess the potential of ATOUR LIFESTYLE as an investment.
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