View ValuationTrip.com Group 향후 성장Future 기준 점검 1/6Trip.com Group 의 수익은 연간 14.8% 감소할 것으로 예상되는 반면, 연간 수익은 10.4% 로 증가할 것으로 예상됩니다. EPS는 연간 17.2% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 10.7% 로 예상됩니다.핵심 정보-14.8%이익 성장률-17.24%EPS 성장률Hospitality 이익 성장24.2%매출 성장률10.4%향후 자기자본이익률10.71%애널리스트 커버리지Good마지막 업데이트01 Jun 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • May 28Trip.com Group Limited, Annual General Meeting, Jun 30, 2026Trip.com Group Limited, Annual General Meeting, Jun 30, 2026, at 09:30 Singapore Standard Time. Location: 30 raffles place, 29-01, singapore 048622., SingaporeReported Earnings • May 04Full year 2025 earnings released: EPS: CN¥50.62 (vs CN¥26.10 in FY 2024)Full year 2025 results: EPS: CN¥50.62 (up from CN¥26.10 in FY 2024). Revenue: CN¥62.4b (up 17% from FY 2024). Net income: CN¥33.3b (up 95% from FY 2024). Profit margin: 53% (up from 32% in FY 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Mar 12Rosen Law Firm Files Class Action Lawsuit on Behalf of Purchasers of the Securities of Trip.Com Group LimitedRosen Law Firm announced it has filed a class action lawsuit on behalf of purchasers of the securities of Trip.com Group Limited between April 30, 2024 and January 13, 2026, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Trip.com investors under the federal securities laws . According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Defendants recklessly understated the regulatory risk facing Trip.com as a result of its monopolistic business activities; and (2) as a result, defendants’ statements about Trip.com’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.공시 • Feb 26Trip.com Group Limited Announces Management Changes, Effective February 25, 2026Trip.com Group Limited announced a series of changes to its board of directors, effective February 25, 2026. Mr. Min Fan has resigned from his positions as a director and the president of the Company, and Mr. Qi Ji has resigned from his position as a director. As co-founders of the Company, Mr. Fan and Mr. Ji have made foundational and immeasurable contributions to its inception, growth, and success. The board expresses its most sincere gratitude and deepest appreciation for their vision, extraordinary leadership, and years of dedicated service. Concurrently, the Company announced the appointments of Ms. May Yihong Wu and Ms. Iris Yang Xiao as new independent directors. These appointments reflect the board's ongoing commitment to maintaining diverse expertise and fresh perspectives, positioning it to effectively guide the Company's evolving strategy and oversee future opportunities and risks. Additionally, Mr. Gabriel Li has been appointed to serve on the compensation committee of the board of directors. Ms. May Yihong Wu has been serving as an independent director, the chairwoman of the audit committee and a member of the compensation committee of MakeMyTrip Limited since May 2024, an independent non-executive director and chairwoman of the audit committee of Alibaba Health Information Technology Limited since August 2023, an independent non-executive director and chairwoman of the audit committee of Swire Properties Limited since May 2017, and an independent director and a member of the corporate governance and nominating committee of Noah Holdings Limited since November 2010, where she was also a member of the compensation committee from November 2010 to May 2015 and has been the chairwoman of the compensation committee since May 2015. From July 2019 to May 2023, Ms. Wu also served as a board adviser of Homeinns Hotel Group, where she also served as the chief strategy officer from May 2010 to June 2019 and chief financial officer from July 2006 to April 2010. Ms. Wu holds an MBA degree from the Kellogg School of Management at Northwestern University, a master's degree in economics from Brooklyn College of the City University of New York, and a bachelor's degree in biochemistry from Fudan University. Ms. Iris Yang Xiao served as an investment analyst of Capital International Investors, Hong Kong from June 2020 to June 2025. Prior to that, Ms. Xiao worked at Principal Global Investors from March 2013 to March 2020, including as a portfolio manager and as an equity analyst. Prior to that, Ms. Xiao served as a portfolio manager of Ping An of China Asset Management from March 2010 to February 2013. Ms. Xiao holds a bachelor's degree in international economics and trade from Shanghai Jiao Tong University and a master's degree in global finance from the New York University Stern Business School and the Hong Kong University of Science and Technology. According to the Company's current articles of association, each of Ms. Wu and Ms. Xiao will hold office as a director of the Company until the first annual general meeting following her appointment, at which point she will be eligible for re-election.Reported Earnings • Feb 26Full year 2025 earnings released: EPS: CN¥50.62 (vs CN¥26.10 in FY 2024)Full year 2025 results: EPS: CN¥50.62 (up from CN¥26.10 in FY 2024). Revenue: CN¥62.4b (up 17% from FY 2024). Net income: CN¥33.3b (up 95% from FY 2024). Profit margin: 53% (up from 32% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Feb 09Trip.com Group Limited to Report Q4, 2025 Results on Feb 26, 2026Trip.com Group Limited announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 26, 2026Buy Or Sell Opportunity • Jan 15Now 35% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to Mex$1,112. The fair value is estimated to be Mex$1,715, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are forecast to decline by 17% per annum over the same time period.Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: CN¥30.37 (vs CN¥10.36 in 3Q 2024)Third quarter 2025 results: EPS: CN¥30.37 (up from CN¥10.36 in 3Q 2024). Revenue: CN¥18.3b (up 16% from 3Q 2024). Net income: CN¥19.9b (up 194% from 3Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.공시 • Nov 05Trip.com Group Limited to Report Q3, 2025 Results on Nov 17, 2025Trip.com Group Limited announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 17, 2025Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: CN¥7.34 (vs CN¥5.84 in 2Q 2024)Second quarter 2025 results: EPS: CN¥7.34 (up from CN¥5.84 in 2Q 2024). Revenue: CN¥14.8b (up 16% from 2Q 2024). Net income: CN¥4.85b (up 26% from 2Q 2024). Profit margin: 33% (up from 30% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.공시 • Aug 15Trip.com Group Limited to Report Q2, 2025 Results on Aug 27, 2025Trip.com Group Limited announced that they will report Q2, 2025 results After-Market on Aug 27, 2025Reported Earnings • May 21First quarter 2025 earnings released: EPS: CN¥6.48 (vs CN¥6.62 in 1Q 2024)First quarter 2025 results: EPS: CN¥6.48 (down from CN¥6.62 in 1Q 2024). Revenue: CN¥13.8b (up 16% from 1Q 2024). Net income: CN¥4.28b (flat on 1Q 2024). Profit margin: 31% (down from 36% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.공시 • May 20Trip.com Group Limited, Annual General Meeting, Jun 30, 2025Trip.com Group Limited, Annual General Meeting, Jun 30, 2025, at 09:30 China Standard Time. Location: building 16, 968 jinzhong road, shanghai 200335, prc., China공시 • May 06Trip.com Group Limited to Report Q1, 2025 Results on May 19, 2025Trip.com Group Limited announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 19, 2025Reported Earnings • Feb 25Full year 2024 earnings released: EPS: CN¥26.10 (vs CN¥15.19 in FY 2023)Full year 2024 results: EPS: CN¥26.10 (up from CN¥15.19 in FY 2023). Revenue: CN¥53.3b (up 20% from FY 2023). Net income: CN¥17.1b (up 72% from FY 2023). Profit margin: 32% (up from 22% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Hospitality industry in Mexico.공시 • Feb 25Trip.com Group Limited (NasdaqGS:TCOM) announces an Equity Buyback for $400 million worth of its shares.Trip.com Group Limited (NasdaqGS:TCOM) announces a share repurchase program. Under the program, the company will repurchase up to $400 million worth of it's ordinary shares and/or ADSs.Board Change • Feb 24Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Julius Luo was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 11+ 1 more updateTrip.com Group Limited to Report Q4, 2024 Results on Feb 24, 2025Trip.com Group Limited announced that they will report Q4, 2024 results After-Market on Feb 24, 2025공시 • Nov 05Trip.com Group Limited to Report Q3, 2024 Results on Nov 19, 2024Trip.com Group Limited announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Nov 19, 2024Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Mex$948, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Hospitality industry in South America. Total returns to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$823 per share.Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥5.84 (vs CN¥0.97 in 2Q 2023)Second quarter 2024 results: EPS: CN¥5.84 (up from CN¥0.97 in 2Q 2023). Revenue: CN¥12.8b (up 14% from 2Q 2023). Net income: CN¥3.83b (up CN¥3.20b from 2Q 2023). Profit margin: 30% (up from 5.6% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.공시 • Aug 14Trip.com Group Limited to Report Q2, 2024 Results on Aug 26, 2024Trip.com Group Limited announced that they will report Q2, 2024 results on Aug 26, 2024Reported Earnings • May 22First quarter 2024 earnings released: EPS: CN¥6.62 (vs CN¥5.18 in 1Q 2023)First quarter 2024 results: EPS: CN¥6.62 (up from CN¥5.18 in 1Q 2023). Revenue: CN¥11.9b (up 29% from 1Q 2023). Net income: CN¥4.31b (up 28% from 1Q 2023). Profit margin: 36% (in line with 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • May 10Trip.com Group Limited to Report Q1, 2024 Results on May 20, 2024Trip.com Group Limited announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 20, 2024Reported Earnings • May 01Full year 2023 earnings released: EPS: CN¥15.19 (vs CN¥2.16 in FY 2022)Full year 2023 results: EPS: CN¥15.19 (up from CN¥2.16 in FY 2022). Revenue: CN¥44.5b (up 122% from FY 2022). Net income: CN¥9.92b (up CN¥8.52b from FY 2022). Profit margin: 22% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Apr 16Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at Mex$829. The fair value is estimated to be Mex$688, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.Board Change • Apr 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. Board Observer Gillian Tans was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 23Full year 2023 earnings released: EPS: CN¥15.19 (vs CN¥2.16 in FY 2022)Full year 2023 results: EPS: CN¥15.19 (up from CN¥2.16 in FY 2022). Revenue: CN¥44.5b (up 122% from FY 2022). Net income: CN¥9.92b (up CN¥8.52b from FY 2022). Profit margin: 22% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Feb 21Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. Board Observer Gillian Tans was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 09Trip.com Group Limited to Report Q4, 2023 Results on Feb 21, 2024Trip.com Group Limited announced that they will report Q4, 2023 results After-Market on Feb 21, 2024공시 • Nov 09Trip.com Group Limited to Report Q3, 2023 Results on Nov 21, 2023Trip.com Group Limited announced that they will report Q3, 2023 results Pre-Market on Nov 21, 2023공시 • Aug 24Trip.com Group Limited to Report Q2, 2023 Results on Sep 04, 2023Trip.com Group Limited announced that they will report Q2, 2023 results on Sep 04, 2023Board Change • Aug 15Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. Board Observer Gillian Tans was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Jul 23Trip.com Group Limited Announces Resignation of Robin Yanhong Li as DirectorTrip.com Group Limited announced that Mr. Robin Yanhong Li has resigned as a director of the Company, effective immediately. Following the director resignation, the board of directors of the Company consists of eight (8) directors, including four (4) independent directors. The remaining eight (8) directors will continue their services to the board of directors of the Company.Reported Earnings • Jun 09First quarter 2023 earnings released: EPS: CN¥5.18 (vs CN¥1.53 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥5.18 (up from CN¥1.53 loss in 1Q 2022). Revenue: CN¥9.20b (up 124% from 1Q 2022). Net income: CN¥3.38b (up CN¥4.36b from 1Q 2022). Profit margin: 37% (up from net loss in 1Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Jun 08Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • May 26Trip.com Group Limited to Report Q1, 2023 Results on Jun 07, 2023Trip.com Group Limited announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jun 07, 2023공시 • May 19Trip.com Group Limited, Annual General Meeting, Jun 01, 2023Trip.com Group Limited, Annual General Meeting, Jun 01, 2023.Board Change • Apr 28Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 29Full year 2022 earnings released: EPS: CN¥2.16 (vs CN¥0.87 loss in FY 2021)Full year 2022 results: EPS: CN¥2.16 (up from CN¥0.87 loss in FY 2021). Revenue: CN¥20.0b (flat on FY 2021). Net income: CN¥1.40b (up CN¥1.95b from FY 2021). Profit margin: 7.0% (up from net loss in FY 2021). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Board Change • Mar 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 09Full year 2022 earnings released: EPS: CN¥2.16 (vs CN¥0.87 loss in FY 2021)Full year 2022 results: EPS: CN¥2.16 (up from CN¥0.87 loss in FY 2021). Revenue: CN¥20.0b (flat on FY 2021). Net income: CN¥1.40b (up CN¥1.95b from FY 2021). Profit margin: 7.0% (up from net loss in FY 2021). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Board Change • Feb 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Jan 30Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Jan 05Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Dec 18Third quarter 2022 earnings released: EPS: CN¥0.41 (vs CN¥1.31 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.41 (up from CN¥1.31 loss in 3Q 2021). Revenue: CN¥6.89b (up 29% from 3Q 2021). Net income: CN¥266.0m (up CN¥1.12b from 3Q 2021). Profit margin: 3.9% (up from net loss in 3Q 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Board Change • Dec 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Nov 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Oct 21Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Sep 22Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥1.02 loss in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.11 (up from CN¥1.02 loss in 2Q 2021). Revenue: CN¥4.01b (down 32% from 2Q 2021). Net income: CN¥69.0m (up CN¥716.0m from 2Q 2021). Profit margin: 1.7% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Board Change • Aug 25Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Aug 04Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Jun 28First quarter 2022 earnings released: CN¥1.53 loss per share (vs CN¥2.94 profit in 1Q 2021)First quarter 2022 results: CN¥1.53 loss per share (down from CN¥2.94 profit in 1Q 2021). Revenue: CN¥4.11b (flat on 1Q 2021). Net loss: CN¥989.0m (down 156% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 37% growth forecast for the industry in Mexico. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Board Change • May 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Mar 12Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Jan 08Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to Mex$471, the stock trades at a forward P/E ratio of 122x. Average forward P/E is 21x in the Hospitality industry globally. Total loss to shareholders of 14% over the past three years.Reported Earnings • Dec 17Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: CN¥1.32 loss per share (down from CN¥2.63 profit in 3Q 2020). Revenue: CN¥5.34b (down 2.2% from 3Q 2020). Net loss: CN¥849.0m (down 154% from profit in 3Q 2020). Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 38%, compared to a 53% growth forecast for the industry in Mexico. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Board Change • Dec 09Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Oct 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Vice Chairman Gabriel Li was the last independent director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Oct 13Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Vice Chairman Gabriel Li was the last independent director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Sep 24Second quarter 2021 earnings released: CN¥1.02 loss per share (vs CN¥0.79 loss in 2Q 2020)The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: CN¥5.89b (up 87% from 2Q 2020). Net loss: CN¥647.0m (loss widened 36% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to Mex$582, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 22x in the Hospitality industry globally. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$480 per share.Reported Earnings • May 20First quarter 2021 earnings released: EPS CN¥2.94 (vs CN¥8.98 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CN¥4.11b (down 13% from 1Q 2020). Net income: CN¥1.78b (up CN¥7.13b from 1Q 2020). Profit margin: 43% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 05Full year 2020 earnings released: CN¥5.40 loss per share (vs CN¥12.35 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥18.3b (down 49% from FY 2019). Net loss: CN¥3.25b (down 146% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Mar 05Revenue beats expectationsRevenue exceeded analyst estimates by 0.7%. Over the next year, revenue is forecast to grow 40%, compared to a 34% growth forecast for the Online Retail industry in Mexico.Reported Earnings • Dec 02Third quarter 2020 earnings released: EPS CN¥2.63The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: CN¥5.46b (down 48% from 3Q 2019). Net income: CN¥1.58b (up 99% from 3Q 2019). Profit margin: 29% (up from 7.6% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Dec 02Revenue beats expectationsRevenue exceeded analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 20%, compared to a 30% growth forecast for the Online Retail industry in Mexico.Reported Earnings • Sep 27First half earnings releasedOver the last 12 months the company has reported total losses of CN¥3.03b, with earnings decreasing by CN¥4.93b from the prior year. Total revenue was CN¥26.7b over the last 12 months, down 21% from the prior year.이익 및 매출 성장 예측BMV:TCOM N - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202889,43623,05822,82025,7361612/31/202779,67020,86219,97624,1873012/31/202670,85818,45518,65525,7153112/31/202562,40933,29413,58214,379N/A9/30/202559,75531,170N/AN/AN/A6/30/202557,29018,045N/AN/AN/A3/31/202555,21917,032N/AN/AN/A12/31/202453,29417,06719,03419,625N/A9/30/202450,87516,207N/AN/AN/A6/30/202448,74214,057N/AN/AN/A3/31/202447,21710,85520,66521,282N/A12/31/202344,5109,91821,39822,004N/A9/30/202339,21210,678N/AN/AN/A6/30/202332,3646,329N/AN/AN/A3/31/202325,1285,767N/AN/AN/A12/31/202220,0391,4032,1432,641N/A9/30/202219,693-1,488N/AN/AN/A6/30/202218,145-2,603N/AN/AN/A3/31/202220,024-3,319N/AN/AN/A12/31/202120,023-5501,9042,475N/A9/30/202120,3061,288N/AN/AN/A6/30/202120,4243,715N/AN/AN/A3/31/202117,6933,886N/AN/AN/A12/31/202018,316-3,247-4,355-3,823N/A9/30/202021,687-2,243N/AN/AN/A6/30/202026,701-3,028N/AN/AN/A3/31/202032,233-2,955N/AN/AN/A12/31/201935,6667,0116,4997,333N/A9/30/201934,8913,813N/AN/AN/A6/30/201933,7701,881N/A8,649N/A3/31/201932,3984,665N/AN/AN/A12/31/201830,9651,112N/A7,115N/A9/30/201829,5812,654N/AN/AN/A6/30/201828,3455,187N/AN/AN/A3/31/201827,4823,163N/AN/AN/A12/31/201726,7962,155N/A7,069N/A9/30/201725,6872,449N/AN/AN/A6/30/201723,1401,079N/AN/AN/A3/31/201721,095200N/AN/AN/A12/31/201619,245-1,418N/A5,270N/A9/30/201617,035-2,000N/AN/AN/A6/30/201614,645391N/A1,472N/A3/31/201612,7611,055N/AN/AN/A12/31/201510,8982,508N/A3,049N/A9/30/20159,9372,208N/A1,498N/A6/30/20158,8859N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: TCOM N 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -14.8%).수익 vs 시장: TCOM N 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -14.8%).고성장 수익: TCOM N 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: TCOM N 의 수익(연간 10.4%)이 MX 시장(연간 6.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: TCOM N 의 수익(연간 10.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: TCOM N의 자본 수익률은 3년 후 10.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/02 04:52종가2026/05/19 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Trip.com Group Limited는 69명의 분석가가 다루고 있습니다. 이 중 31명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jiong ShaoBarclaysAlicia YapBarclaysYanfang JiangBenchmark Company66명의 분석가 더 보기
공시 • May 28Trip.com Group Limited, Annual General Meeting, Jun 30, 2026Trip.com Group Limited, Annual General Meeting, Jun 30, 2026, at 09:30 Singapore Standard Time. Location: 30 raffles place, 29-01, singapore 048622., Singapore
Reported Earnings • May 04Full year 2025 earnings released: EPS: CN¥50.62 (vs CN¥26.10 in FY 2024)Full year 2025 results: EPS: CN¥50.62 (up from CN¥26.10 in FY 2024). Revenue: CN¥62.4b (up 17% from FY 2024). Net income: CN¥33.3b (up 95% from FY 2024). Profit margin: 53% (up from 32% in FY 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Mar 12Rosen Law Firm Files Class Action Lawsuit on Behalf of Purchasers of the Securities of Trip.Com Group LimitedRosen Law Firm announced it has filed a class action lawsuit on behalf of purchasers of the securities of Trip.com Group Limited between April 30, 2024 and January 13, 2026, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Trip.com investors under the federal securities laws . According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Defendants recklessly understated the regulatory risk facing Trip.com as a result of its monopolistic business activities; and (2) as a result, defendants’ statements about Trip.com’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
공시 • Feb 26Trip.com Group Limited Announces Management Changes, Effective February 25, 2026Trip.com Group Limited announced a series of changes to its board of directors, effective February 25, 2026. Mr. Min Fan has resigned from his positions as a director and the president of the Company, and Mr. Qi Ji has resigned from his position as a director. As co-founders of the Company, Mr. Fan and Mr. Ji have made foundational and immeasurable contributions to its inception, growth, and success. The board expresses its most sincere gratitude and deepest appreciation for their vision, extraordinary leadership, and years of dedicated service. Concurrently, the Company announced the appointments of Ms. May Yihong Wu and Ms. Iris Yang Xiao as new independent directors. These appointments reflect the board's ongoing commitment to maintaining diverse expertise and fresh perspectives, positioning it to effectively guide the Company's evolving strategy and oversee future opportunities and risks. Additionally, Mr. Gabriel Li has been appointed to serve on the compensation committee of the board of directors. Ms. May Yihong Wu has been serving as an independent director, the chairwoman of the audit committee and a member of the compensation committee of MakeMyTrip Limited since May 2024, an independent non-executive director and chairwoman of the audit committee of Alibaba Health Information Technology Limited since August 2023, an independent non-executive director and chairwoman of the audit committee of Swire Properties Limited since May 2017, and an independent director and a member of the corporate governance and nominating committee of Noah Holdings Limited since November 2010, where she was also a member of the compensation committee from November 2010 to May 2015 and has been the chairwoman of the compensation committee since May 2015. From July 2019 to May 2023, Ms. Wu also served as a board adviser of Homeinns Hotel Group, where she also served as the chief strategy officer from May 2010 to June 2019 and chief financial officer from July 2006 to April 2010. Ms. Wu holds an MBA degree from the Kellogg School of Management at Northwestern University, a master's degree in economics from Brooklyn College of the City University of New York, and a bachelor's degree in biochemistry from Fudan University. Ms. Iris Yang Xiao served as an investment analyst of Capital International Investors, Hong Kong from June 2020 to June 2025. Prior to that, Ms. Xiao worked at Principal Global Investors from March 2013 to March 2020, including as a portfolio manager and as an equity analyst. Prior to that, Ms. Xiao served as a portfolio manager of Ping An of China Asset Management from March 2010 to February 2013. Ms. Xiao holds a bachelor's degree in international economics and trade from Shanghai Jiao Tong University and a master's degree in global finance from the New York University Stern Business School and the Hong Kong University of Science and Technology. According to the Company's current articles of association, each of Ms. Wu and Ms. Xiao will hold office as a director of the Company until the first annual general meeting following her appointment, at which point she will be eligible for re-election.
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: CN¥50.62 (vs CN¥26.10 in FY 2024)Full year 2025 results: EPS: CN¥50.62 (up from CN¥26.10 in FY 2024). Revenue: CN¥62.4b (up 17% from FY 2024). Net income: CN¥33.3b (up 95% from FY 2024). Profit margin: 53% (up from 32% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Feb 09Trip.com Group Limited to Report Q4, 2025 Results on Feb 26, 2026Trip.com Group Limited announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 26, 2026
Buy Or Sell Opportunity • Jan 15Now 35% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to Mex$1,112. The fair value is estimated to be Mex$1,715, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are forecast to decline by 17% per annum over the same time period.
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: CN¥30.37 (vs CN¥10.36 in 3Q 2024)Third quarter 2025 results: EPS: CN¥30.37 (up from CN¥10.36 in 3Q 2024). Revenue: CN¥18.3b (up 16% from 3Q 2024). Net income: CN¥19.9b (up 194% from 3Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
공시 • Nov 05Trip.com Group Limited to Report Q3, 2025 Results on Nov 17, 2025Trip.com Group Limited announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 17, 2025
Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: CN¥7.34 (vs CN¥5.84 in 2Q 2024)Second quarter 2025 results: EPS: CN¥7.34 (up from CN¥5.84 in 2Q 2024). Revenue: CN¥14.8b (up 16% from 2Q 2024). Net income: CN¥4.85b (up 26% from 2Q 2024). Profit margin: 33% (up from 30% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
공시 • Aug 15Trip.com Group Limited to Report Q2, 2025 Results on Aug 27, 2025Trip.com Group Limited announced that they will report Q2, 2025 results After-Market on Aug 27, 2025
Reported Earnings • May 21First quarter 2025 earnings released: EPS: CN¥6.48 (vs CN¥6.62 in 1Q 2024)First quarter 2025 results: EPS: CN¥6.48 (down from CN¥6.62 in 1Q 2024). Revenue: CN¥13.8b (up 16% from 1Q 2024). Net income: CN¥4.28b (flat on 1Q 2024). Profit margin: 31% (down from 36% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
공시 • May 20Trip.com Group Limited, Annual General Meeting, Jun 30, 2025Trip.com Group Limited, Annual General Meeting, Jun 30, 2025, at 09:30 China Standard Time. Location: building 16, 968 jinzhong road, shanghai 200335, prc., China
공시 • May 06Trip.com Group Limited to Report Q1, 2025 Results on May 19, 2025Trip.com Group Limited announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 19, 2025
Reported Earnings • Feb 25Full year 2024 earnings released: EPS: CN¥26.10 (vs CN¥15.19 in FY 2023)Full year 2024 results: EPS: CN¥26.10 (up from CN¥15.19 in FY 2023). Revenue: CN¥53.3b (up 20% from FY 2023). Net income: CN¥17.1b (up 72% from FY 2023). Profit margin: 32% (up from 22% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Hospitality industry in Mexico.
공시 • Feb 25Trip.com Group Limited (NasdaqGS:TCOM) announces an Equity Buyback for $400 million worth of its shares.Trip.com Group Limited (NasdaqGS:TCOM) announces a share repurchase program. Under the program, the company will repurchase up to $400 million worth of it's ordinary shares and/or ADSs.
Board Change • Feb 24Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Julius Luo was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 11+ 1 more updateTrip.com Group Limited to Report Q4, 2024 Results on Feb 24, 2025Trip.com Group Limited announced that they will report Q4, 2024 results After-Market on Feb 24, 2025
공시 • Nov 05Trip.com Group Limited to Report Q3, 2024 Results on Nov 19, 2024Trip.com Group Limited announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Nov 19, 2024
Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Mex$948, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Hospitality industry in South America. Total returns to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$823 per share.
Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥5.84 (vs CN¥0.97 in 2Q 2023)Second quarter 2024 results: EPS: CN¥5.84 (up from CN¥0.97 in 2Q 2023). Revenue: CN¥12.8b (up 14% from 2Q 2023). Net income: CN¥3.83b (up CN¥3.20b from 2Q 2023). Profit margin: 30% (up from 5.6% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
공시 • Aug 14Trip.com Group Limited to Report Q2, 2024 Results on Aug 26, 2024Trip.com Group Limited announced that they will report Q2, 2024 results on Aug 26, 2024
Reported Earnings • May 22First quarter 2024 earnings released: EPS: CN¥6.62 (vs CN¥5.18 in 1Q 2023)First quarter 2024 results: EPS: CN¥6.62 (up from CN¥5.18 in 1Q 2023). Revenue: CN¥11.9b (up 29% from 1Q 2023). Net income: CN¥4.31b (up 28% from 1Q 2023). Profit margin: 36% (in line with 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • May 10Trip.com Group Limited to Report Q1, 2024 Results on May 20, 2024Trip.com Group Limited announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 20, 2024
Reported Earnings • May 01Full year 2023 earnings released: EPS: CN¥15.19 (vs CN¥2.16 in FY 2022)Full year 2023 results: EPS: CN¥15.19 (up from CN¥2.16 in FY 2022). Revenue: CN¥44.5b (up 122% from FY 2022). Net income: CN¥9.92b (up CN¥8.52b from FY 2022). Profit margin: 22% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Apr 16Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at Mex$829. The fair value is estimated to be Mex$688, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
Board Change • Apr 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. Board Observer Gillian Tans was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 23Full year 2023 earnings released: EPS: CN¥15.19 (vs CN¥2.16 in FY 2022)Full year 2023 results: EPS: CN¥15.19 (up from CN¥2.16 in FY 2022). Revenue: CN¥44.5b (up 122% from FY 2022). Net income: CN¥9.92b (up CN¥8.52b from FY 2022). Profit margin: 22% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Feb 21Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. Board Observer Gillian Tans was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 09Trip.com Group Limited to Report Q4, 2023 Results on Feb 21, 2024Trip.com Group Limited announced that they will report Q4, 2023 results After-Market on Feb 21, 2024
공시 • Nov 09Trip.com Group Limited to Report Q3, 2023 Results on Nov 21, 2023Trip.com Group Limited announced that they will report Q3, 2023 results Pre-Market on Nov 21, 2023
공시 • Aug 24Trip.com Group Limited to Report Q2, 2023 Results on Sep 04, 2023Trip.com Group Limited announced that they will report Q2, 2023 results on Sep 04, 2023
Board Change • Aug 15Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. Board Observer Gillian Tans was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Jul 23Trip.com Group Limited Announces Resignation of Robin Yanhong Li as DirectorTrip.com Group Limited announced that Mr. Robin Yanhong Li has resigned as a director of the Company, effective immediately. Following the director resignation, the board of directors of the Company consists of eight (8) directors, including four (4) independent directors. The remaining eight (8) directors will continue their services to the board of directors of the Company.
Reported Earnings • Jun 09First quarter 2023 earnings released: EPS: CN¥5.18 (vs CN¥1.53 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥5.18 (up from CN¥1.53 loss in 1Q 2022). Revenue: CN¥9.20b (up 124% from 1Q 2022). Net income: CN¥3.38b (up CN¥4.36b from 1Q 2022). Profit margin: 37% (up from net loss in 1Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Jun 08Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • May 26Trip.com Group Limited to Report Q1, 2023 Results on Jun 07, 2023Trip.com Group Limited announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jun 07, 2023
공시 • May 19Trip.com Group Limited, Annual General Meeting, Jun 01, 2023Trip.com Group Limited, Annual General Meeting, Jun 01, 2023.
Board Change • Apr 28Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: CN¥2.16 (vs CN¥0.87 loss in FY 2021)Full year 2022 results: EPS: CN¥2.16 (up from CN¥0.87 loss in FY 2021). Revenue: CN¥20.0b (flat on FY 2021). Net income: CN¥1.40b (up CN¥1.95b from FY 2021). Profit margin: 7.0% (up from net loss in FY 2021). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Board Change • Mar 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 09Full year 2022 earnings released: EPS: CN¥2.16 (vs CN¥0.87 loss in FY 2021)Full year 2022 results: EPS: CN¥2.16 (up from CN¥0.87 loss in FY 2021). Revenue: CN¥20.0b (flat on FY 2021). Net income: CN¥1.40b (up CN¥1.95b from FY 2021). Profit margin: 7.0% (up from net loss in FY 2021). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Board Change • Feb 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Jan 30Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Jan 05Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Dec 18Third quarter 2022 earnings released: EPS: CN¥0.41 (vs CN¥1.31 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.41 (up from CN¥1.31 loss in 3Q 2021). Revenue: CN¥6.89b (up 29% from 3Q 2021). Net income: CN¥266.0m (up CN¥1.12b from 3Q 2021). Profit margin: 3.9% (up from net loss in 3Q 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Board Change • Dec 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Nov 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Oct 21Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Sep 22Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥1.02 loss in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.11 (up from CN¥1.02 loss in 2Q 2021). Revenue: CN¥4.01b (down 32% from 2Q 2021). Net income: CN¥69.0m (up CN¥716.0m from 2Q 2021). Profit margin: 1.7% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Board Change • Aug 25Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Aug 04Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Jun 28First quarter 2022 earnings released: CN¥1.53 loss per share (vs CN¥2.94 profit in 1Q 2021)First quarter 2022 results: CN¥1.53 loss per share (down from CN¥2.94 profit in 1Q 2021). Revenue: CN¥4.11b (flat on 1Q 2021). Net loss: CN¥989.0m (down 156% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 37% growth forecast for the industry in Mexico. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Board Change • May 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Mar 12Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Jan 08Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to Mex$471, the stock trades at a forward P/E ratio of 122x. Average forward P/E is 21x in the Hospitality industry globally. Total loss to shareholders of 14% over the past three years.
Reported Earnings • Dec 17Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: CN¥1.32 loss per share (down from CN¥2.63 profit in 3Q 2020). Revenue: CN¥5.34b (down 2.2% from 3Q 2020). Net loss: CN¥849.0m (down 154% from profit in 3Q 2020). Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 38%, compared to a 53% growth forecast for the industry in Mexico. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Board Change • Dec 09Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director JP Gan was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Oct 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Vice Chairman Gabriel Li was the last independent director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Oct 13Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Vice Chairman Gabriel Li was the last independent director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Sep 24Second quarter 2021 earnings released: CN¥1.02 loss per share (vs CN¥0.79 loss in 2Q 2020)The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: CN¥5.89b (up 87% from 2Q 2020). Net loss: CN¥647.0m (loss widened 36% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to Mex$582, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 22x in the Hospitality industry globally. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$480 per share.
Reported Earnings • May 20First quarter 2021 earnings released: EPS CN¥2.94 (vs CN¥8.98 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CN¥4.11b (down 13% from 1Q 2020). Net income: CN¥1.78b (up CN¥7.13b from 1Q 2020). Profit margin: 43% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 05Full year 2020 earnings released: CN¥5.40 loss per share (vs CN¥12.35 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥18.3b (down 49% from FY 2019). Net loss: CN¥3.25b (down 146% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Mar 05Revenue beats expectationsRevenue exceeded analyst estimates by 0.7%. Over the next year, revenue is forecast to grow 40%, compared to a 34% growth forecast for the Online Retail industry in Mexico.
Reported Earnings • Dec 02Third quarter 2020 earnings released: EPS CN¥2.63The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: CN¥5.46b (down 48% from 3Q 2019). Net income: CN¥1.58b (up 99% from 3Q 2019). Profit margin: 29% (up from 7.6% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Dec 02Revenue beats expectationsRevenue exceeded analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 20%, compared to a 30% growth forecast for the Online Retail industry in Mexico.
Reported Earnings • Sep 27First half earnings releasedOver the last 12 months the company has reported total losses of CN¥3.03b, with earnings decreasing by CN¥4.93b from the prior year. Total revenue was CN¥26.7b over the last 12 months, down 21% from the prior year.