HKSE:00780 (China)  
Tongcheng Travel Holdings Ltd logo

Tongcheng Travel Holdings Ltd

HK$ 17.80 (-1.55%) Feb 2
P/E:
At Loss
P/B:
2.33
Market Cap:
HK$ 40.35B ($ 5.15B)
Enterprise V:
HK$ 36.80B ($ 4.69B)
Volume:
4.29M
Avg Vol (2M):
7.25M
Also Trade In:
Volume:
4.29M
Market Cap HK$:
40.35B
Market Cap $:
5.15B
PE Ratio:
At Loss
Avg Vol (2-Month):
7.25M
Enterprise Value HK$:
36.80B
Enterprise Value $:
4.69B
PB Ratio:
2.33

Business Description

Description
Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.
Name Current Vs Industry Vs History
Cash-To-Debt 2.29
Equity-to-Asset 0.63
Debt-to-Equity 0.15
Debt-to-EBITDA 34.94
Interest Coverage 2.28
Altman Z-Score 3.1
Distress
Grey
Safe
Beneish M-Score -2.22
Manipulator
Not Manipulator
WACC vs ROIC
WACC
ROIC
Name Current Vs Industry Vs History
5-Day RSI 28.98
9-Day RSI 39.22
14-Day RSI 45.63
6-1 Month Momentum % 21.95
12-1 Month Momentum % 18.11

Liquidity Ratio

Name Current Vs Industry Vs History
Current Ratio 1.86
Quick Ratio 1.86
Cash Ratio 1.06
Days Sales Outstanding 48.9
Days Payable 451.09

Dividend & Buy Back

Name Current Vs Industry Vs History
3-Year Average Share Buyback Ratio -2.2