Trip.com Group (FRA:CLV) Total Assets : €31,107 Mil (As of Sep. 2024)

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What is Trip.com Group Total Assets?

Trip.com Group's Total Assets for the quarter that ended in Sep. 2024 was €31,107 Mil.

During the past 12 months, Trip.com Group's average Total Assets Growth Rate was 4.60% per year. During the past 3 years, the average Total Assets Growth Rate was 0.50% per year. During the past 5 years, the average Total Assets Growth Rate was 2.40% per year. During the past 10 years, the average Total Assets Growth Rate was 23.20% per year.

During the past 13 years, Trip.com Group's highest 3-Year average Total Assets Growth Rate was 134.60%. The lowest was -1.50%. And the median was 56.70%.

Total Assets is connected with ROA %. Trip.com Group's annualized ROA % for the quarter that ended in Sep. 2024 was 10.97%. Total Assets is also linked to Revenue through Asset Turnover. Trip.com Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.06.

Trip.com Group Total Assets Historical Data

The historical data trend for Trip.com Group's Total Assets 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 Total Assets Chart

Trip.com Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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25,685.74

23,537.49

26,658.38

25,955.84

28,143.28

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
Total Assets	Get a 7-Day Free Trial															29,210.97	28,143.28	29,191.91	31,734.95	31,107.17

Trip.com Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Trip.com Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	15797.387	+	12345.89
	=	28,143

Trip.com Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	17842.627	+	13264.538
	=	31,107

Trip.com Group (FRA:CLV) Total Assets Explanation

Total Assets is connected with ROA %.

Trip.com Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	3445.6	/	( (31734.953	+	31107.165)	/ 2 )
	=	3445.6	/	31421.059
	=	10.97 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Trip.com Group's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	2021.138	/	( (31734.953	+	31107.165)	/ 2 )
=	2021.138	/	31421.059
=	0.06

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Trip.com Group Total Assets Related Terms

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Trip.com Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trip.com Group Ltd (FRA:CLV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

TRPCF:USA TCOM:USA 09961:Hong Kong CLVB:Germany CLVB: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.