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.

Financial Strength

7/10

Name	Current	Vs Industry
Cash-To-Debt	3.04
Equity-to-Asset	0.56
Debt-to-Equity	0.17
Debt-to-EBITDA	1.49
Interest Coverage	11.55
Piotroski F-Score	7/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	2.79	Distress Grey Safe
Beneish M-Score	-2.42	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

10/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	20.7
	3-Year EBITDA Growth Rate	20.2
	3-Year EPS without NRI Growth Rate	52.4
	3-Year Book Growth Rate	4.1
	Future 3-5Y EPS without NRI Growth Rate	12.42
	Future 3-5Y Total Revenue Growth Rate	26.72

Momentum Rank

9/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	67.52
	9-Day RSI	66.03
	14-Day RSI	66.1
	6-1 Month Momentum %	34.87
	12-1 Month Momentum %	19.33

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	1.25
	Quick Ratio	1.25
	Cash Ratio	0.77
	Days Inventory	0.11
	Days Sales Outstanding	37.18
	Days Payable	436.88

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Forward Dividend Yield %	0.69
	3-Year Average Share Buyback Ratio	-1.1
	Shareholder Yield %	0.07

Profitability Rank

5/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	73.46
	Operating Margin %	15.6
	Net Margin %	13.07
	FCF Margin %	33.72
	ROE %	9.25
	ROA %	5.45
	ROIC %	9.14
	ROC (Joel Greenblatt) %	95.33
	ROCE %	10.31
	Years of Profitability over Past 10-Year	6

GF Value Rank

6/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	29.14
	Forward PE Ratio	19.63
	PE Ratio without NRI	29.81
	Price-to-Owner-Earnings	38.45
	PEG Ratio	99.37
	PS Ratio	3.81
	PB Ratio	2.58
	Price-to-Tangible-Book	5.63
	Price-to-Free-Cash-Flow	11.3
	Price-to-Operating-Cash-Flow	11.3
	EV-to-EBIT	19.15
	EV-to-Forward-EBIT	14.81
	EV-to-EBITDA	19.15
	EV-to-Forward-EBITDA	12.01
	EV-to-Revenue	3.24
	EV-to-Forward-Revenue	2.19
	EV-to-FCF	9.62
	Price-to-Projected-FCF	1.49
	Price-to-Graham-Number	2.73
	Price-to-Net-Current-Asset-Value	51.63
	Earnings Yield (Greenblatt) %	5.22
	FCF Yield %	8.79
	Forward Rate of Return (Yacktman) %	2.42

Financials (Next Earnings Date:2024-05-24 Est.)

Annual Quarterly TTM

HKSE:00780's 30-Y Financials

AAPL

Income Statement Breakdown

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Insider Trades

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Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Tongcheng Travel Holdings Ltd Executives

Details

GF Value: HK$28

HKSE:00780

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 1 Severe warning sign with 00780. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil HK$)	13,059.275
	EPS (TTM) (HK$)	0.76
	Beta	1.12
	Volatility %	35.87
	14-Day RSI	66.1
	14-Day ATR (HK$)	0.745118
	20-Day SMA (HK$)	21.468
	12-1 Month Momentum %	19.33
	52-Week Range (HK$)	13.12 - 22.55
	Shares Outstanding (Mil)	2,262.59

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	7
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Tongcheng Travel Holdings Ltd Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Tongcheng Travel Holdings Ltd Stock Events

Financials Calendars

	Event	Date	Price(HK$)
No Event Data

Tongcheng Travel Holdings Ltd Frequently Asked Questions

What is Tongcheng Travel Holdings Ltd(HKSE:00780)'s stock price today?

The current price of HKSE:00780 is HK$22.20. The 52 week high of HKSE:00780 is HK$22.55 and 52 week low is HK$13.12.

When is next earnings date of Tongcheng Travel Holdings Ltd(HKSE:00780)?

The next earnings date of Tongcheng Travel Holdings Ltd(HKSE:00780) is 2024-05-24 Est..

Does Tongcheng Travel Holdings Ltd(HKSE:00780) pay dividends? If so, how much?

Tongcheng Travel Holdings Ltd(HKSE:00780) does not pay dividend.

Press Release

	Subject	Date
No Press Release

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