Tuniu Ebit vs Operating Income Analysis

TOUR Stock

USD 1.02 0.01 0.97%

Tuniu Corp financial indicator trend analysis is much more than just breaking down Tuniu Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tuniu Corp is a good investment. Please check the relationship between Tuniu Corp Ebit and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tuniu Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Tuniu Stock, please use our How to Invest in Tuniu Corp guide.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tuniu Corp Ebit account and Operating Income. At this time, the significance of the direction appears to have totally related.

The correlation between Tuniu Corp's Ebit and Operating Income is 1.0. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Tuniu Corp, assuming nothing else is changed. The correlation between historical values of Tuniu Corp's Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Tuniu Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Tuniu Corp's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebit

Operating Income

Operating Income is the amount of profit realized from Tuniu Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Tuniu Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Tuniu Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tuniu Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tuniu Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Tuniu Stock, please use our How to Invest in Tuniu Corp guide.As of 11/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.30, while Selling General Administrative is likely to drop slightly above 107.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	171.5M	89.6M	293.7M	473.7M
Total Revenue	426.3M	183.6M	441.3M	419.2M

Gross Profit Total Revenue

Tuniu Corp fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab
Total Assets		0.89	0.99	0.97	0.75	0.93	-0.42	-0.27	0.88	0.49	0.88	0.8	0.85	0.77	0.6	0.41	0.64	0.43	0.96	0.61	0.99	0.09	0.98	-0.01	0.59	0.8
Other Current Liab	0.89		0.9	0.88	0.67	0.79	-0.47	-0.31	0.67	0.56	0.75	0.89	0.86	0.49	0.55	0.31	0.61	0.45	0.85	0.57	0.9	0.23	0.89	-0.04	0.55	0.6
Total Current Liabilities	0.99	0.9		0.93	0.77	0.93	-0.43	-0.24	0.89	0.5	0.89	0.79	0.82	0.76	0.56	0.34	0.68	0.5	0.96	0.57	1.0	0.07	0.96	0.01	0.55	0.77
Total Stockholder Equity	0.97	0.88	0.93		0.72	0.86	-0.4	-0.37	0.82	0.48	0.82	0.77	0.89	0.75	0.65	0.5	0.56	0.34	0.92	0.66	0.93	0.2	0.96	-0.03	0.65	0.8
Property Plant And Equipment Net	0.75	0.67	0.77	0.72		0.55	0.08	-0.6	0.87	0.07	0.92	0.34	0.46	0.71	0.73	0.61	0.89	0.42	0.72	0.76	0.77	0.42	0.62	0.42	0.73	0.68
Current Deferred Revenue	0.93	0.79	0.93	0.86	0.55		-0.53	0.05	0.74	0.54	0.73	0.8	0.83	0.69	0.31	0.17	0.46	0.38	0.88	0.32	0.92	-0.16	0.95	-0.28	0.3	0.76
Net Debt	-0.42	-0.47	-0.43	-0.4	0.08	-0.53		-0.44	-0.12	-0.98	-0.08	-0.69	-0.57	0.05	0.11	0.3	0.04	-0.2	-0.5	0.18	-0.42	0.32	-0.54	0.35	0.12	0.08
Retained Earnings	-0.27	-0.31	-0.24	-0.37	-0.6	0.05	-0.44		-0.38	0.3	-0.44	-0.01	-0.2	-0.33	-0.9	-0.81	-0.59	-0.01	-0.21	-0.92	-0.24	-0.75	-0.19	-0.63	-0.91	-0.4
Accounts Payable	0.88	0.67	0.89	0.82	0.87	0.74	-0.12	-0.38		0.22	0.96	0.46	0.55	0.9	0.63	0.46	0.75	0.54	0.88	0.64	0.89	0.15	0.78	0.28	0.62	0.77
Cash	0.49	0.56	0.5	0.48	0.07	0.54	-0.98	0.3	0.22		0.19	0.69	0.59	0.01	0.02	-0.19	0.08	0.3	0.59	-0.05	0.49	-0.14	0.58	-0.25	0.02	-0.05
Non Current Assets Total	0.88	0.75	0.89	0.82	0.92	0.73	-0.08	-0.44	0.96	0.19		0.52	0.54	0.84	0.67	0.5	0.8	0.55	0.87	0.69	0.9	0.23	0.77	0.21	0.66	0.76
Non Currrent Assets Other	0.8	0.89	0.79	0.77	0.34	0.8	-0.69	-0.01	0.46	0.69	0.52		0.87	0.33	0.31	0.06	0.37	0.27	0.75	0.31	0.79	-0.13	0.86	-0.26	0.3	0.46
Cash And Short Term Investments	0.85	0.86	0.82	0.89	0.46	0.83	-0.57	-0.2	0.55	0.59	0.54	0.87		0.44	0.47	0.33	0.4	0.13	0.74	0.48	0.82	0.08	0.92	-0.17	0.48	0.67
Net Receivables	0.77	0.49	0.76	0.75	0.71	0.69	0.05	-0.33	0.9	0.01	0.84	0.33	0.44		0.54	0.51	0.51	0.36	0.77	0.57	0.76	0.08	0.7	0.15	0.53	0.85
Common Stock Total Equity	0.6	0.55	0.56	0.65	0.73	0.31	0.11	-0.9	0.63	0.02	0.67	0.31	0.47	0.54		0.84	0.71	0.14	0.55	0.99	0.56	0.62	0.54	0.53	1.0	0.58
Common Stock Shares Outstanding	0.41	0.31	0.34	0.5	0.61	0.17	0.3	-0.81	0.46	-0.19	0.5	0.06	0.33	0.51	0.84		0.49	-0.22	0.34	0.85	0.35	0.55	0.35	0.46	0.84	0.59
Non Current Liabilities Total	0.64	0.61	0.68	0.56	0.89	0.46	0.04	-0.59	0.75	0.08	0.8	0.37	0.4	0.51	0.71	0.49		0.35	0.6	0.73	0.69	0.35	0.54	0.58	0.7	0.53
Inventory	0.43	0.45	0.5	0.34	0.42	0.38	-0.2	-0.01	0.54	0.3	0.55	0.27	0.13	0.36	0.14	-0.22	0.35		0.53	0.13	0.5	0.18	0.35	-0.05	0.14	0.14
Other Current Assets	0.96	0.85	0.96	0.92	0.72	0.88	-0.5	-0.21	0.88	0.59	0.87	0.75	0.74	0.77	0.55	0.34	0.6	0.53		0.55	0.95	0.08	0.93	0.01	0.54	0.66
Other Stockholder Equity	0.61	0.57	0.57	0.66	0.76	0.32	0.18	-0.92	0.64	-0.05	0.69	0.31	0.48	0.57	0.99	0.85	0.73	0.13	0.55		0.57	0.62	0.54	0.52	0.99	0.63
Total Liab	0.99	0.9	1.0	0.93	0.77	0.92	-0.42	-0.24	0.89	0.49	0.9	0.79	0.82	0.76	0.56	0.35	0.69	0.5	0.95	0.57		0.08	0.96	0.02	0.55	0.77
Property Plant And Equipment Gross	0.09	0.23	0.07	0.2	0.42	-0.16	0.32	-0.75	0.15	-0.14	0.23	-0.13	0.08	0.08	0.62	0.55	0.35	0.18	0.08	0.62	0.08		0.02	0.35	0.64	0.14
Total Current Assets	0.98	0.89	0.96	0.96	0.62	0.95	-0.54	-0.19	0.78	0.58	0.77	0.86	0.92	0.7	0.54	0.35	0.54	0.35	0.93	0.54	0.96	0.02		-0.1	0.53	0.77
Short Term Debt	-0.01	-0.04	0.01	-0.03	0.42	-0.28	0.35	-0.63	0.28	-0.25	0.21	-0.26	-0.17	0.15	0.53	0.46	0.58	-0.05	0.01	0.52	0.02	0.35	-0.1		0.53	0.01
Common Stock	0.59	0.55	0.55	0.65	0.73	0.3	0.12	-0.91	0.62	0.02	0.66	0.3	0.48	0.53	1.0	0.84	0.7	0.14	0.54	0.99	0.55	0.64	0.53	0.53		0.57
Other Liab	0.8	0.6	0.77	0.8	0.68	0.76	0.08	-0.4	0.77	-0.05	0.76	0.46	0.67	0.85	0.58	0.59	0.53	0.14	0.66	0.63	0.77	0.14	0.77	0.01	0.57

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Tuniu Corp Account Relationship Matchups

Tuniu Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.6B	3.2B	2.3B	1.9B	2.0B	1.9B
Other Current Liab	1.1B	452.7M	345.2M	284.5M	428.8M	621.6M
Total Current Liabilities	3.7B	1.7B	979.0M	774.3M	958.9M	910.9M
Total Stockholder Equity	2.7B	1.4B	1.3B	1.1B	1.0B	2.0B
Property Plant And Equipment Net	329.2M	154.0M	146.3M	118.4M	70.0M	137.4M
Current Deferred Revenue	1.1B	208.8M	238.4M	98.9M	(14.1M)	(13.4M)
Net Debt	30.3M	(77.7M)	(57.5M)	(95.4M)	(160.2M)	(168.2M)
Retained Earnings	(6.4B)	(7.7B)	(7.8B)	(8.0B)	(8.1B)	(7.7B)
Accounts Payable	1.3B	724.9M	387.5M	265.8M	322.7M	306.6M
Cash	295.5M	213.5M	349.1M	153.8M	379.0M	500.3M
Non Current Assets Total	2.8B	912.1M	822.4M	678.0M	452.4M	429.7M
Non Currrent Assets Other	83.9M	91.2M	113K	91.1M	10.4M	9.9M
Cash And Short Term Investments	1.6B	1.6B	965.0M	878.2M	1.2B	1.9B
Net Receivables	595.1M	288.0M	126.9M	34.7M	51.1M	48.6M
Common Stock Shares Outstanding	123.2M	123.4M	123.6M	123.7M	123.8M	119.0M
Liabilities And Stockholders Equity	6.6B	3.2B	2.3B	1.9B	2.0B	1.9B
Non Current Liabilities Total	99.0M	74.9M	65.7M	45.3M	21.8M	20.7M
Inventory	327.1M	50.6M	122.6M	44.1M	208.5M	129.0M
Other Current Assets	1.3B	429.3M	383.6M	287.0M	300.1M	285.1M
Other Stockholder Equity	8.8B	8.8B	8.8B	8.8B	8.9B	6.6B
Total Liab	3.8B	1.8B	1.0B	819.6M	980.6M	931.6M
Property Plant And Equipment Gross	329.2M	154.0M	599.0M	118.4M	499.9M	524.9M
Total Current Assets	3.8B	2.3B	1.5B	1.2B	1.5B	1.4B
Accumulated Other Comprehensive Income	293.8M	275.0M	271.8M	299.0M	305.4M	211.5M
Short Term Debt	261.3M	560.9M	238.4M	220.0M	203.1M	178.2M
Other Liab	34.6M	17.9M	12.5M	6.8M	7.9M	7.5M
Other Assets	641.5M	91.2M	92.1M	91.1M	104.8M	99.5M
Short Term Investments	1.3B	1.4B	615.9M	724.4M	777.9M	1.4B
Property Plant Equipment	329.2M	154.0M	146.3M	118.4M	136.1M	141.5M
Net Tangible Assets	2.2B	984.6M	887.1M	870.1M	1.0B	1.5B
Long Term Investments	1.3B	266.9M	201.9M	230.6M	209.8M	412.0M
Short Long Term Debt	203.8M	60.7M	221.8M	7.5M	200.4M	210.4M
Short Long Term Debt Total	325.7M	135.9M	291.5M	58.4M	218.8M	167.8M
Long Term Debt	9.7M	22.6M	14.3M	12.0M	10.4M	7.6M
Capital Lease Obligations	112.2M	52.6M	55.4M	38.9M	8.1M	7.7M

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 together with Tuniu Stock

0.79

Smart Share Global

Pair Corr

Moving against Tuniu Stock

0.32

DNUT

Krispy Kreme

Pair Corr

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.

Pair Correlation Correlation Matching

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.

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