XHKG0780
Market cap5.74bUSD
Dec 23, Last price
19.52HKD
1D
0.21%
1Q
27.08%
IPO
54.68%
Name
Tongcheng Travel Holdings Ltd
Chart & Performance
P/E
26.95
P/S
3.52
EPS
0.68
Div Yield, %
0.00%
Shrs. gr., 5y
6.26%
Rev. gr., 5y
17.75%
Revenues
11.90b
+80.67%
Net income
1.55b
P
CFO
4.00b
+1,224.26%
Dividend
Jun 28, 20240.15 HKD/sh
Earnings
Mar 17, 2025
Profile
Tongcheng Travel Holdings Limited, an investment holding company, provides travel related services in the People's Republic of China. It offers transportation ticketing, accommodation reservation, and attraction ticketing services, as well as various ancillary value-added products and services. The company also provides online advertising services, technology consulting and services, and insurance agency services; and engages in call center and other businesses. Tongcheng Travel Holdings Limited provides travel products and services through its tencent-based online platforms, mobile apps, and websites. The company was formerly known as Tongcheng-Elong Holdings Limited and changed its name to Tongcheng Travel Holdings Limited in November 2021. Tongcheng Travel Holdings Limited was founded in 1999 and is headquartered in Suzhou, the People's Republic of China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
| Income | |||||||||
Revenues | 11,896,244 80.67% | 6,584,666 -12.64% | 7,537,556 27.05% | ||||||
Cost of revenue | 10,162,611 | 6,723,159 | 6,842,261 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 1,733,633 | (138,493) | 695,295 | ||||||
NOPBT Margin | 14.57% | 9.22% | |||||||
Operating Taxes | 288,126 | 46,490 | 161,374 | ||||||
Tax Rate | 16.62% | 23.21% | |||||||
NOPAT | 1,445,507 | (184,983) | 533,921 | ||||||
Net income | 1,554,131 -1,050.13% | (163,570) -122.61% | 723,404 120.82% | ||||||
Dividends | |||||||||
Dividend yield | |||||||||
Proceeds from repurchase of equity | 56,719 | 100,367 | 204,003 | ||||||
BB yield | -0.17% | -0.24% | -0.63% | ||||||
| Debt | |||||||||
Debt current | 2,580,831 | 468,348 | 53,877 | ||||||
Long-term debt | 892,606 | 2,059,723 | 491,680 | ||||||
Deferred revenue | 37,904 | ||||||||
Other long-term liabilities | 851,820 | 338,633 | 764,336 | ||||||
Net debt | (4,958,157) | (4,999,651) | (5,467,056) | ||||||
| Cash flow | |||||||||
Cash from operating activities | 4,003,442 | 302,315 | 1,837,680 | ||||||
CAPEX | (771,682) | (533,016) | (310,375) | ||||||
Cash from investing activities | (1,762,217) | (397,031) | (1,562,569) | ||||||
Cash from financing activities | (592,227) | 1,535,489 | (20,424) | ||||||
FCF | 33,006 | (233,849) | 2,208,385 | ||||||
| Balance | |||||||||
Cash | 9,408,346 | 6,710,140 | 5,388,921 | ||||||
Long term investments | (976,752) | 817,582 | 623,692 | ||||||
Excess cash | 7,836,782 | 7,198,489 | 5,635,735 | ||||||
Stockholders' equity | (1,569,403) | (1,200,935) | (1,273,891) | ||||||
Invested Capital | 23,979,749 | 1,437,406 | 17,611,847 | ||||||
ROIC | 11.37% | 3.14% | |||||||
ROCE | 7.74% | 4.13% | |||||||
| EV | |||||||||
Common stock shares outstanding | 2,296,837 | 2,221,973 | 2,247,323 | ||||||
Price | 14.36 -23.54% | 18.78 30.06% | 14.44 -2.96% | ||||||
Market cap | 32,982,579 -20.96% | 41,728,655 28.59% | 32,451,344 -0.02% | ||||||
EV | 28,868,000 | 39,682,987 | 30,071,850 | ||||||
EBITDA | 2,644,390 | 701,695 | 1,365,137 | ||||||
EV/EBITDA | 10.92 | 56.55 | 22.03 | ||||||
Interest | 143,420 | 116,837 | 17,683 | ||||||
Interest/NOPBT | 8.27% | 2.54% | |||||||