Tongcheng Travel Holdings Limited

SEHK:780 Stock Report

Market Cap: HK$49.2b

Tongcheng Travel Holdings Management

Management criteria checks 2/4

Tongcheng Travel Holdings' CEO is Heping Ma, appointed in Apr 2018, has a tenure of 7.5 years. total yearly compensation is CN¥48.42M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth HK$203.09M. The average tenure of the management team and the board of directors is 7.4 years and 7.6 years respectively.

Key information

Heping Ma

Chief executive officer

CN¥48.4m

Total compensation

CEO salary percentage9.73%
CEO tenure7.5yrs
CEO ownership0.4%
Management average tenure7.4yrs
Board average tenure7.6yrs

Recent management updates

Recent updates

The Strong Earnings Posted By Tongcheng Travel Holdings (HKG:780) Are A Good Indication Of The Strength Of The Business

Sep 19
The Strong Earnings Posted By Tongcheng Travel Holdings (HKG:780) Are A Good Indication Of The Strength Of The Business

Investor Optimism Abounds Tongcheng Travel Holdings Limited (HKG:780) But Growth Is Lacking

Sep 14
Investor Optimism Abounds Tongcheng Travel Holdings Limited (HKG:780) But Growth Is Lacking

Tongcheng Travel Holdings (HKG:780) Is Experiencing Growth In Returns On Capital

Sep 01
Tongcheng Travel Holdings (HKG:780) Is Experiencing Growth In Returns On Capital

Tongcheng Travel Holdings Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Aug 20
Tongcheng Travel Holdings Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Do Tongcheng Travel Holdings' (HKG:780) Earnings Warrant Your Attention?

Aug 19
Do Tongcheng Travel Holdings' (HKG:780) Earnings Warrant Your Attention?

Are Investors Undervaluing Tongcheng Travel Holdings Limited (HKG:780) By 42%?

Aug 04
Are Investors Undervaluing Tongcheng Travel Holdings Limited (HKG:780) By 42%?

These 4 Measures Indicate That Tongcheng Travel Holdings (HKG:780) Is Using Debt Safely

Jul 22
These 4 Measures Indicate That Tongcheng Travel Holdings (HKG:780) Is Using Debt Safely

Tongcheng Travel Holdings (HKG:780) Shareholders Will Want The ROCE Trajectory To Continue

May 26
Tongcheng Travel Holdings (HKG:780) Shareholders Will Want The ROCE Trajectory To Continue

Tongcheng Travel Holdings Limited (HKG:780) Just Released Its First-Quarter Earnings: Here's What Analysts Think

May 26
Tongcheng Travel Holdings Limited (HKG:780) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Tongcheng Travel Holdings Limited's (HKG:780) Intrinsic Value Is Potentially 56% Above Its Share Price

Apr 18
Tongcheng Travel Holdings Limited's (HKG:780) Intrinsic Value Is Potentially 56% Above Its Share Price

Tongcheng Travel Holdings Limited's (HKG:780) P/E Is On The Mark

Mar 24
Tongcheng Travel Holdings Limited's (HKG:780) P/E Is On The Mark

Here's Why We Think Tongcheng Travel Holdings (HKG:780) Might Deserve Your Attention Today

Mar 12
Here's Why We Think Tongcheng Travel Holdings (HKG:780) Might Deserve Your Attention Today

The Return Trends At Tongcheng Travel Holdings (HKG:780) Look Promising

Feb 12
The Return Trends At Tongcheng Travel Holdings (HKG:780) Look Promising

Is Tongcheng Travel Holdings (HKG:780) Using Too Much Debt?

Jan 16
Is Tongcheng Travel Holdings (HKG:780) Using Too Much Debt?

An Intrinsic Calculation For Tongcheng Travel Holdings Limited (HKG:780) Suggests It's 41% Undervalued

Jan 03
An Intrinsic Calculation For Tongcheng Travel Holdings Limited (HKG:780) Suggests It's 41% Undervalued
User avatar

AI-Driven Innovation And Global Expansion Will Propel Revenue Growth And Boost Net Margins

Expansion into international markets and strategic partnerships aims to drive revenue growth and increase the international business's contribution.

HK$22.55 - That's What Analysts Think Tongcheng Travel Holdings Limited (HKG:780) Is Worth After These Results

Nov 21
HK$22.55 - That's What Analysts Think Tongcheng Travel Holdings Limited (HKG:780) Is Worth After These Results

We Like These Underlying Return On Capital Trends At Tongcheng Travel Holdings (HKG:780)

Oct 22
We Like These Underlying Return On Capital Trends At Tongcheng Travel Holdings (HKG:780)

CEO Compensation Analysis

How has Heping Ma's remuneration changed compared to Tongcheng Travel Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

CN¥2b

Mar 31 2025n/an/a

CN¥2b

Dec 31 2024CN¥48mCN¥5m

CN¥2b

Sep 30 2024n/an/a

CN¥2b

Jun 30 2024n/an/a

CN¥2b

Mar 31 2024n/an/a

CN¥2b

Dec 31 2023CN¥13mCN¥5m

CN¥2b

Sep 30 2023n/an/a

CN¥1b

Jun 30 2023n/an/a

CN¥619m

Mar 31 2023n/an/a

CN¥131m

Dec 31 2022CN¥18mCN¥5m

-CN¥146m

Sep 30 2022n/an/a

-CN¥90m

Jun 30 2022n/an/a

CN¥232m

Mar 31 2022n/an/a

CN¥655m

Dec 31 2021CN¥23mCN¥5m

CN¥723m

Sep 30 2021n/an/a

CN¥773m

Jun 30 2021n/an/a

CN¥789m

Mar 31 2021n/an/a

CN¥553m

Dec 31 2020CN¥33mCN¥5m

CN¥328m

Sep 30 2020n/an/a

CN¥344m

Jun 30 2020n/an/a

CN¥391m

Mar 31 2020n/an/a

CN¥535m

Dec 31 2019CN¥68mCN¥5m

CN¥688m

Sep 30 2019n/an/a

CN¥409m

Jun 30 2019n/an/a

CN¥177m

Mar 31 2019n/an/a

-CN¥55m

Dec 31 2018CN¥68mCN¥1m

CN¥530m

Compensation vs Market: Heping's total compensation ($USD6.80M) is above average for companies of similar size in the Hong Kong market ($USD987.44K).

Compensation vs Earnings: Heping's compensation has increased by more than 20% in the past year.

CEO

Heping Ma (47 yo)

7.5yrs
Tenure
CN¥48,422,000
Compensation

Mr. Heping Ma has been the Chief Executive Officer of Tongcheng Travel Holdings Limited (formerly known as Tongcheng-Elong Holdings Limited) since April 2018 and has been its Executive Director since June...

Leadership Team

NamePositionTenureCompensationOwnership
Zhixiang Wu
Executive Co-Chairman7.6yrsCN¥7.25m0.37%
HK$ 183.3m
Heping Ma
CEO & Executive Director7.5yrsCN¥48.42m0.41%
HK$ 203.1m
Julian Fan
Chief Financial Officer7.6yrsno datano data
Kylie Yeung
Investor Relations Director6.7yrsno datano data
Jianzhong Xu
Senior Vice President6.8yrsno datano data
Li Ma
Company Secretary7.4yrsno datano data
Joyce Li
Vice President of Capital Marketno datano datano data
7.4yrs
Average Tenure
45yo
Average Age

Experienced Management: 780's management team is seasoned and experienced (7.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Zhixiang Wu
Executive Co-Chairman7.6yrsCN¥7.25m0.37%
HK$ 183.3m
Heping Ma
CEO & Executive Director7.6yrsCN¥48.42m0.41%
HK$ 203.1m
Jianzhang Liang
Non-Executive Co-Chairman9.8yrsno data0.28%
HK$ 135.8m
Xiaojing Dai
Independent Non-Executive Director6.9yrsCN¥301.00kno data
Chia-Hung Yang
Independent Non-Executive Director3.3yrsCN¥353.00kno data
Hao Jiang
Non-Executive Director9.4yrsno data0.24%
HK$ 118.8m
Brent Richard Irvin
Non-Executive Director7.6yrsno datano data
Yuling Han
Independent Non-Executive Director6.9yrsCN¥301.00kno data
Qing Hua Xie
Non-Executive Director2.5yrsno datano data
7.6yrs
Average Tenure
52yo
Average Age

Experienced Board: 780's board of directors are considered experienced (7.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/18 20:21
End of Day Share Price 2025/10/17 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tongcheng Travel Holdings Limited is covered by 41 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lixin JuBofA Global Research
Wing Han ChanCCB International Securities Limited
Ximin GuChina Galaxy Securities Co., Ltd.