Tongcheng Travel Holdings Limited

Tongcheng Travel Holdings Limited

1.35
USD
-1.45
(-51.61%)
Nov 24Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.5
1.07
1.23
3.32
3.59
2.78
3.42
2.96
5.3
7.64
8.4
- -
Basic EPS, GAAP
-0.45
-1.04
0.1
0.33
0.33
0.15
0.33
-0.07
0.69
0.87
1.03
- -
Free Cash Flow per Basic Share
-0.4
-0.23
0.16
1.28
0.68
-0.01
0.69
-0.1
1.35
1.13
1.62
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.14
0.16
- -
Book Value per Share
0.5
-2.7
-2.6
5.56
6.19
6.43
6.86
7.02
7.85
8.57
9.6
10.03
Tangible Book Value per Share
0.4
-2.86
-2.75
1.71
2.48
2.89
3.01
3.19
3.53
3.76
3.93
4.42
Basic Weighted Avg Shares
2,055
2,055
2,055
1,584
2,059
2,137
2,202
2,222
2,246
2,269
2,308
2,325
Sales/Revenue/Turnover
1,026
2,205
2,519
5,256
7,393
5,933
7,538
6,585
11,896
17,341
19,396
- -
Operating Margin (%)
-101.33
-95.94
0.63
-7.79
11
7.2
10.46
0.16
15.54
13.74
17.36
- -
Depreciation Expense
73
77
84
456
581
602
670
840
911
1,083
1,299
- -
Net Income, GAAP
-916
-2,139
196
530
688
328
723
-146
1,554
1,974
2,371
- -
Effective Tax Rate (%)
- -
- -
- -
11.14
22.12
18.12
18.44
- -
15.54
17.08
20.25
- -
Profit Margin (%)
-89.29
-97.04
7.77
10.08
9.31
5.52
9.6
-2.22
13.06
11.39
12.23
- -
Working Capital
598
289
266
2,963
4,086
4,596
2,662
4,267
3,013
6,643
5,528
7,245
LT Debt
- -
- -
172
153
151
319
276
1,946
431
3,475
1,835
1,783
Total Equity
1,048
-5,532
-5,332
11,528
13,152
14,017
15,259
15,990
18,546
20,962
23,573
24,623
Return on Invested Capital (%)
- -
- -
- -
-8.27
5.3
2.25
4.89
- -
7.89
8.41
9.03
- -
Return on Capital (%)
- -
- -
- -
16.02
5.56
2.46
4.98
- -
8.33
8.9
9.24
- -
Return on Common Equity (%)
- -
- -
- -
- -
5.57
2.41
4.95
-0.94
9.3
10.47
11.14
- -

Capital Structure

CNY

•

in mil. unless spec.
Sep'25
Mar'26
Jun'26
ST Debt
- -
- -
3,610
LT Borrowings
- -
- -
870
LT Finance Leases
- -
- -
913
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,321
2,346
2,354
Market Capitalization
- -
- -
- -

Working Capital

CNY

•

in mil. unless spec.
Sep'25
Mar'26
Jun'26
Total Current Assets
- -
- -
23,136
Cash, Cash Equivalents & STI
- -
- -
14,262
Accounts Receivable, Net
- -
- -
2,831
Inventories
- -
- -
12
Total Current Liabilities
- -
- -
15,892
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
3,610
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-87.17%
11.02%
12.46%
Free Cash Flow
-640.5%
-1,315.14%
46.67%
Net Income, GAAP
-94.39%
-223.33%
20.1%
Sales/Revenue/Turnover
41.14%
30.54%
11.85%
Total Cash Common Dividend
- -
- -
21.65%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,866
4,245
4,991
4,238
17,341
2025
4,377
4,669
- -
- -
19,396
2026
- -
4,987
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.19
0.34
0.15
0.87
2025
0.29
0.28
- -
- -
1.03
2026
- -
0.27
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.14
2025
- -
- -
- -
- -
0.16
2026
- -
- -
- -
- -
- -

Company Description

CEO
He Ping Ma
Full Time Employees
11,249
Sector
Consumer services
Industry
Other consumer services
Address
Tongcheng Mansion Hong Kong Hong Kong 215123
IPO Date
Nov 26, 2018
Business
Tongcheng Travel Holdings Limited Tongcheng Travel Holdings Limited (0780.HK), an investment holding company incorporated in the Cayman Islands in 1999 and headquartered in Suzhou, China, operates as a leading one-stop online travel platform primarily serving the mass market in the People's Republic of China. The company provides core online travel agency services through its platforms, mobile apps, and websites, including accommodation reservation for approximately 4.0 million hotel and alternative lodging options; transportation ticketing encompassing around 450,000 air routes from over 760 airlines, 170,000 bus routes, 800 ferry routes, and high-speed train bookings via its Huixing algorithm system; tourist attraction tickets for over 10,000 sites; packaged tours; and various ancillary value-added services such as tourism insurance, online advertising, hotel management under an asset-light model, property management systems, offline travel agency operations, and scenic spot management. It targets diverse users, with over 87% of registered users from non-first-tier cities and strong engagement via Weixin ecosystem integration, proprietary apps, and loyalty programs like Black Whale membership offering exclusive benefits including VIP lounges and reciprocal hotel perks. In recent developments, Tongcheng Travel completed the acquisition of Wanda Hotel Management on October 16, 2025, adding 239 hotels and upscale brands to expand its asset-light hotel operations beyond 3,000 properties with 1,500 in pipeline, enhancing brand diversity and profitability in mid-to-high-end hotel management, design, and consultancy. The company also acquired control of Dalian Shengya in July 2025 for approximately 960 million yuan, bolstering its scenic spot operations amid industry consolidation. Additional strategic moves include a partnership with China United Airlines for joint marketing and technology-driven customer service, collaboration with Wuhan Tianhe International Airport leveraging big data for flight optimization, and the launch of AI agent DeepTrip powered by its Chengxin large language model in March 2025 to enable seamless itinerary planning and bookings.

Company News

  • Tongcheng Travel Holdings Limited (TNGCF) Q2 2026 Earnings Call Transcript

  • Tongcheng Travel Holdings Limited (TNGCF) Q1 2026 Earnings Call Transcript

  • Tongcheng Travel Holdings Limited (TNGCF) Q4 2025 Earnings Call Transcript

  • Tongcheng Travel (TNGCF) Expected to Announce Earnings on Tuesday

  • Tongcheng Travel Holdings Limited (TNGCF) Q3 2025 Earnings Call Transcript

  • Tongcheng Travel upgraded to Buy from Hold at HSBC