Tongcheng Travel Holdings's quarterly market cap
increased
from Jun. 2023 (HK$36,724 Mil) to Sep. 2023 (HK$38,785 Mil) but then
declined
from Sep. 2023 (HK$38,785 Mil) to Dec. 2023 (HK$32,565 Mil).
Tongcheng Travel Holdings's annual market cap
increased
from Dec. 2021 (HK$32,023 Mil) to Dec. 2022 (HK$42,061 Mil) but then
declined
from Dec. 2022 (HK$42,061 Mil) to Dec. 2023 (HK$32,565 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Tongcheng Travel Holdings's Enterprise Value for Today is HK$32,795 Mil.
Tongcheng Travel Holdings Market Cap Historical Data
* 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.
Competitive Comparison of Tongcheng Travel Holdings's Market Cap
For the Travel Services subindustry, Tongcheng Travel Holdings's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tongcheng Travel Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Tongcheng Travel Holdings's Market Cap falls into.
Tongcheng Travel Holdings Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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.
Tongcheng Travel Holdings (HKSE:00780) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Tongcheng Travel Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Tongcheng Travel Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tongcheng Travel Holdings (HKSE:00780) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00780 has been successfully added to your 