TRPCF (Trip.com Group) Tax Rate % : 10.32% (As of Sep. 2024)

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What is Trip.com Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Trip.com Group's Tax Expense for the three months ended in Sep. 2024 was $102 Mil. Trip.com Group's Pre-Tax Income for the three months ended in Sep. 2024 was $987 Mil. Therefore, Trip.com Group's Tax Rate % for the quarter that ended in Sep. 2024 was 10.32%.

Trip.com Group Tax Rate % Historical Data

The historical data trend for Trip.com Group's Tax Rate % 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 Tax Rate % Chart

Trip.com Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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19.17

-28.98

-57.33

25.88

16.39

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
Tax Rate %	Get a 7-Day Free Trial															10.03	28.71	15.93	19.85	10.32

Trip.com Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Trip.com Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	245.091	/	1495.756
	=	16.39 %

Trip.com Group's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	101.894	/	987.281
	=	10.32 %

Trip.com Group Tax Rate % Related Terms

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Trip.com Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trip.com Group Ltd (OTCPK:TRPCF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TCOM:USA 09961:Hong Kong 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.