GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tongcheng Travel Holdings Ltd (HKSE:00780) » Definitions » Gross-Profit-to-Asset %

Tongcheng Travel Holdings (HKSE:00780) Gross-Profit-to-Asset % : 28.52% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Tongcheng Travel Holdings Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Tongcheng Travel Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$9,515 Mil. Tongcheng Travel Holdings's average Total Assets over the quarter that ended in Dec. 2023 was HK$33,364 Mil. Therefore, Tongcheng Travel Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 28.52%.


Tongcheng Travel Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Tongcheng Travel Holdings's Gross-Profit-to-Asset % 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.

* Premium members only.

Tongcheng Travel Holdings Gross-Profit-to-Asset % Chart

Tongcheng Travel Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 27.72 22.65 28.23 19.66 30.51

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
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.91 30.13 30.58 33.40 28.52

Competitive Comparison of Tongcheng Travel Holdings's Gross-Profit-to-Asset %

For the Travel Services subindustry, Tongcheng Travel Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tongcheng Travel Holdings's Gross-Profit-to-Asset % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tongcheng Travel Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Tongcheng Travel Holdings's Gross-Profit-to-Asset % falls into.



Tongcheng Travel Holdings Gross-Profit-to-Asset % Calculation

Tongcheng Travel Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=9557.671/( (27956.618+34690.957)/ 2 )
=9557.671/31323.7875
=30.51 %

Tongcheng Travel Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=9515.016/( (32037.588+34690.957)/ 2 )
=9515.016/33364.2725
=28.52 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Tongcheng Travel Holdings Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Tongcheng Travel Holdings's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tongcheng Travel Holdings (HKSE:00780) Business Description

Traded in Other Exchanges
Address
No. 188, Yuxin Road, Tongcheng Mansion, Suzhou Industrial Park, Jiangsu, CHN
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

No Headlines