Trip.com Group (HKSE:09961) Gross-Profit-to-Asset % : 21.49% (As of Sep. 2024)

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What is Trip.com Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Trip.com Group's annualized Gross Profit for the quarter that ended in Sep. 2024 was HK$57,576 Mil. Trip.com Group's average Total Assets over the quarter that ended in Sep. 2024 was HK$267,889 Mil. Therefore, Trip.com Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 21.49%.

Trip.com Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Trip.com Group's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Trip.com Group Gross-Profit-to-Asset % Chart

Trip.com Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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14.51

7.62

8.27

7.72

17.54

Trip.com Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															20.04	15.04	17.22	17.49	21.49

Competitive Comparison of Trip.com Group's Gross-Profit-to-Asset %

For the Travel Services subindustry, Trip.com Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Trip.com Group's Gross-Profit-to-Asset % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trip.com Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Trip.com Group's Gross-Profit-to-Asset % falls into.

Trip.com Group Gross-Profit-to-Asset % Calculation

Trip.com Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	39801.52	/	( (214064.161	+	239687.424)	/ 2 )
	=	39801.52	/	226875.7925
	=	17.54 %

Trip.com Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	57575.888	/	( (266792.235	+	268985.486)	/ 2 )
	=	57575.888	/	267888.8605
	=	21.49 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Trip.com Group Gross-Profit-to-Asset % Related Terms

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Trip.com Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trip.com Group Ltd (HKSE:09961) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

TRPCF:USA TCOM:USA CLVB:Germany CLVB:Germany CLV:Germany CLV:Germany CRIP34:Brazil

Address

968 Jin Zhong Road, Shanghai, CHN, 200335

Website

https://www.ctrip.com

Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from its online platform, but the company also maintains offline call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.

Executives

The Capital Group Companies, Inc.

2201 Interest of corporation controlled by you

Trip.com Group Headlines

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