Tongcheng Travel Holdings (HKSE:00780) Accumulated Depreciation : HK$-1,282 Mil (As of Dec. 2023)

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What is Tongcheng Travel Holdings Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Tongcheng Travel Holdings's quarterly accumulated depreciation declined from Jun. 2023 (HK$-1,197 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$-1,282 Mil).

Tongcheng Travel Holdings's annual accumulated depreciation increased from Dec. 2021 (HK$-1,079 Mil) to Dec. 2022 (HK$-1,131 Mil) and increased from Dec. 2022 (HK$-1,131 Mil) to Dec. 2023 (HK$-1,282 Mil).

Tongcheng Travel Holdings Accumulated Depreciation Historical Data

The historical data trend for Tongcheng Travel Holdings's Accumulated Depreciation 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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Tongcheng Travel Holdings Accumulated Depreciation Chart

Tongcheng Travel Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-704.40

-912.87

-1,078.51

-1,131.27

-1,281.91

Tongcheng Travel Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-1,131.27	-	-1,196.54	-	-1,281.91

Tongcheng Travel Holdings Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Tongcheng Travel Holdings Accumulated Depreciation Related Terms

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Tongcheng Travel Holdings (HKSE:00780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tongcheng Travel Holdings Ltd (HKSE:00780) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

TEM:Germany

Address

No. 188, Yuxin Road, Tongcheng Mansion, Suzhou Industrial Park, Jiangsu, CHN

Website

https://www.tongchengir.com

Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.

Executives

Tencent Holdings Limited
Trip.com Group Limited
Brown Brothers Harriman & Co.	2502 Approved lending agent
T. Rowe Price Associates, Inc. And Its Affiliates	2101 Beneficial owner
Ctrip.com International, Ltd.
C-travel International Limited
Tch Sapphire Limited
Image Frame Investment (hk) Limited	2101 Beneficial owner
Ctrip.com (hong Kong) Limited	2101 Beneficial owner

Tongcheng Travel Holdings (HKSE:00780) Headlines

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