Tuniu Corp Stock Current Ratio
| TOUR Stock | USD 1.04 0.02 1.89% |
Tuniu Corp fundamentals help investors to digest information that contributes to Tuniu Corp's financial success or failures. It also enables traders to predict the movement of Tuniu Stock. The fundamental analysis module provides a way to measure Tuniu Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tuniu Corp stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.35 | 1.63 |
Tuniu | Current Ratio |
Tuniu Corp Company Current Ratio Analysis
Tuniu Corp's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Tuniu Corp Current Ratio | 1.46 X |
Most of Tuniu Corp's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tuniu Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tuniu Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Tuniu Corp is extremely important. It helps to project a fair market value of Tuniu Stock properly, considering its historical fundamentals such as Current Ratio. Since Tuniu Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tuniu Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tuniu Corp's interrelated accounts and indicators.
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Tuniu Current Ratio Historical Pattern
Today, most investors in Tuniu Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tuniu Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tuniu Corp current ratio as a starting point in their analysis.
Tuniu Corp Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Tuniu Corp has a Current Ratio of 1.46 times. This is 35.68% lower than that of the Hotels, Restaurants & Leisure sector and significantly higher than that of the Consumer Discretionary industry. The current ratio for all United States stocks is 32.41% higher than that of the company.
Tuniu Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tuniu Corp's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tuniu Corp could also be used in its relative valuation, which is a method of valuing Tuniu Corp by comparing valuation metrics of similar companies.Tuniu Corp is currently under evaluation in current ratio category among its peers.
Tuniu Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tuniu Corp from analyzing Tuniu Corp's financial statements. These drivers represent accounts that assess Tuniu Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tuniu Corp's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 4.3B | 2.3B | 3.9B | 1.8B | 912.0M | 866.4M | |
| Enterprise Value | 4.2B | 2.2B | 3.8B | 1.6B | 451.7M | 429.1M |
Tuniu Fundamentals
| Return On Equity | 0.0842 | ||||
| Return On Asset | 0.0204 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | (0.12) % | ||||
| Current Valuation | 3.57 M | ||||
| Shares Outstanding | 111.92 M | ||||
| Shares Owned By Institutions | 12.15 % | ||||
| Number Of Shares Shorted | 145.5 K | ||||
| Price To Earning | (3.60) X | ||||
| Price To Book | 0.85 X | ||||
| Price To Sales | 0.24 X | ||||
| Revenue | 441.27 M | ||||
| Gross Profit | 358.03 M | ||||
| EBITDA | (65.87 M) | ||||
| Net Income | (99.29 M) | ||||
| Cash And Equivalents | 983.83 M | ||||
| Cash Per Share | 7.95 X | ||||
| Total Debt | 218.81 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 1.46 X | ||||
| Book Value Per Share | 9.15 X | ||||
| Cash Flow From Operations | 232.84 M | ||||
| Short Ratio | 0.72 X | ||||
| Earnings Per Share | 0.09 X | ||||
| Price To Earnings To Growth | 6,543 X | ||||
| Target Price | 1.7 | ||||
| Beta | 1.63 | ||||
| Market Capitalization | 124.77 M | ||||
| Total Asset | 1.96 B | ||||
| Retained Earnings | (8.13 B) | ||||
| Working Capital | 549.24 M | ||||
| Current Asset | 5.54 B | ||||
| Current Liabilities | 3.79 B | ||||
| Net Asset | 1.96 B |
About Tuniu Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tuniu Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tuniu Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tuniu Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Tuniu Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tuniu Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tuniu Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Tuniu Stock
| 0.73 | FUN | Six Flags Entertainment | PairCorr |
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| 0.63 | WING | Wingstop | PairCorr |
| 0.55 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.53 | CSV | Carriage Services | PairCorr |
The ability to find closely correlated positions to Tuniu Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tuniu Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tuniu Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tuniu Corp to buy it.
The correlation of Tuniu Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tuniu Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tuniu Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tuniu Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Tuniu Stock Analysis
When running Tuniu Corp's price analysis, check to measure Tuniu Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tuniu Corp is operating at the current time. Most of Tuniu Corp's value examination focuses on studying past and present price action to predict the probability of Tuniu Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tuniu Corp's price. Additionally, you may evaluate how the addition of Tuniu Corp to your portfolios can decrease your overall portfolio volatility.