Tillkännagivande • Mar 12
Rosen Law Firm Files Class Action Lawsuit on Behalf of Purchasers of the Securities of Trip.Com Group Limited Rosen 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. Reported Earnings • Mar 03
Full 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 6.4% growth forecast for the Hospitality industry in Europe. 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 7% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 26
Trip.com Group Limited Announces Management Changes, Effective February 25, 2026 Trip.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. Tillkännagivande • Feb 09
Trip.com Group Limited to Report Q4, 2025 Results on Feb 26, 2026 Trip.com Group Limited announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 26, 2026 New Risk • Jan 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 3.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (3.5% average weekly change). Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €54.00, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Hospitality industry in Europe. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €95.82 per share. Tillkännagivande • Nov 05
Trip.com Group Limited to Report Q3, 2025 Results on Nov 17, 2025 Trip.com Group Limited announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 17, 2025 Tillkännagivande • Aug 15
Trip.com Group Limited to Report Q2, 2025 Results on Aug 27, 2025 Trip.com Group Limited announced that they will report Q2, 2025 results After-Market on Aug 27, 2025 New Risk • May 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • May 20
First 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 6.7% growth forecast for the Hospitality industry in Europe. 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 47% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 20
Trip.com Group Limited, Annual General Meeting, Jun 30, 2025 Trip.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 Tillkännagivande • May 06
Trip.com Group Limited to Report Q1, 2025 Results on May 19, 2025 Trip.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 • Apr 13
Full 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 7.1% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 26
Full 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 6.7% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 25
Trip.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 12
Insufficient new directors There 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. Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: CN¥10.36 (vs CN¥7.06 in 3Q 2023) Third quarter 2024 results: EPS: CN¥10.36 (up from CN¥7.06 in 3Q 2023). Revenue: CN¥15.9b (up 16% from 3Q 2023). Net income: CN¥6.77b (up 47% from 3Q 2023). Profit margin: 43% (up from 34% in 3Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Nov 05
Trip.com Group Limited to Report Q3, 2024 Results on Nov 19, 2024 Trip.com Group Limited announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Nov 19, 2024 Buy Or Sell Opportunity • Oct 29
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 54% to €60.40. The fair value is estimated to be €49.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 86%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 8.8% per annum over the same time period. Buy Or Sell Opportunity • Oct 02
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to €58.40. The fair value is estimated to be €48.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 86%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 8.8% per annum over the same time period. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €49.30, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Hospitality industry in Europe. Total returns to shareholders of 84% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €46.41 per share. New Risk • Aug 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 5.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 27
Second 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 7.6% growth forecast for the Hospitality industry in Europe. 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 14% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 14
Trip.com Group Limited to Report Q2, 2024 Results on Aug 26, 2024 Trip.com Group Limited announced that they will report Q2, 2024 results on Aug 26, 2024 Buy Or Sell Opportunity • Jul 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.1% to €44.00. The fair value is estimated to be €56.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 69%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Buy Or Sell Opportunity • Jun 22
Now 21% undervalued Over the last 90 days, the stock has risen 8.1% to €45.50. The fair value is estimated to be €57.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 69%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Reported Earnings • Jun 06
First 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 8.1% growth forecast for the Hospitality industry in Europe. 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 16% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • May 23
Now 21% undervalued Over the last 90 days, the stock has risen 12% to €48.30. The fair value is estimated to be €60.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 69%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Tillkännagivande • May 10
Trip.com Group Limited to Report Q1, 2024 Results on May 20, 2024 Trip.com Group Limited announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 20, 2024 Buy Or Sell Opportunity • May 07
Now 22% undervalued Over the last 90 days, the stock has risen 34% to €48.50. The fair value is estimated to be €62.51, however this is not to be taken as a buy 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. Reported Earnings • May 01
Full 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 8.0% growth forecast for the Hospitality industry in Europe. 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 13% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Mar 15
Now 21% undervalued Over the last 90 days, the stock has risen 29% to €40.10. The fair value is estimated to be €50.57, however this is not to be taken as a buy 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. Buy Or Sell Opportunity • Feb 27
Now 20% undervalued Over the last 90 days, the stock has risen 29% to €41.80. The fair value is estimated to be €52.37, however this is not to be taken as a buy 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. Reported Earnings • Feb 23
Full 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 8.4% growth forecast for the Hospitality industry in Europe. 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 10% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 09
Trip.com Group Limited to Report Q4, 2023 Results on Feb 21, 2024 Trip.com Group Limited announced that they will report Q4, 2023 results After-Market on Feb 21, 2024 Reported Earnings • Nov 22
Third quarter 2023 earnings released: EPS: CN¥7.06 (vs CN¥0.41 in 3Q 2022) Third quarter 2023 results: EPS: CN¥7.06 (up from CN¥0.41 in 3Q 2022). Revenue: CN¥13.7b (up 99% from 3Q 2022). Net income: CN¥4.62b (up CN¥4.35b from 3Q 2022). Profit margin: 34% (up from 3.9% in 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Hospitality industry in Europe. 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 2% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Nov 09
Trip.com Group Limited to Report Q3, 2023 Results on Nov 21, 2023 Trip.com Group Limited announced that they will report Q3, 2023 results Pre-Market on Nov 21, 2023 New Risk • Sep 06
New major risk - Revenue and earnings growth Earnings have declined by 9.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (5.3% average weekly change). Earnings have declined by 9.9% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Sep 06
Second quarter 2023 earnings released: EPS: CN¥0.97 (vs CN¥0.11 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.97 (up from CN¥0.11 in 2Q 2022). Revenue: CN¥11.2b (up 180% from 2Q 2022). Net income: CN¥631.0m (up CN¥562.0m from 2Q 2022). Profit margin: 5.6% (up from 1.7% in 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Europe. 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 12% per year, which means it is significantly lagging earnings growth. New Risk • Aug 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 5.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (5.3% average weekly change). Minor Risk Large one-off items impacting financial results. Tillkännagivande • Aug 24
Trip.com Group Limited to Report Q2, 2023 Results on Sep 04, 2023 Trip.com Group Limited announced that they will report Q2, 2023 results on Sep 04, 2023 Buying Opportunity • Aug 14
Now 20% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be €46.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.2% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings is also forecast to grow by 16% per annum over the same time period. Tillkännagivande • Jul 23
Trip.com Group Limited Announces Resignation of Robin Yanhong Li as Director Trip.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 08
First 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 19% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Hospitality industry in Europe. 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 12% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 26
Trip.com Group Limited to Report Q1, 2023 Results on Jun 07, 2023 Trip.com Group Limited announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jun 07, 2023 Tillkännagivande • May 19
Trip.com Group Limited, Annual General Meeting, Jun 01, 2023 Trip.com Group Limited, Annual General Meeting, Jun 01, 2023. Reported Earnings • Mar 08
Full 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 9.6% growth forecast for the Hospitality industry in Europe. 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 12% per year, which means it is well ahead of earnings. Reported Earnings • Dec 15
Third quarter 2022 earnings released: EPS: CN¥0.41 (vs CN¥1.32 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.41 (up from CN¥1.32 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). The move to profitability was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in Europe. 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 • Nov 16
Less than half of directors are independent No 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 23
Second 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). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Europe. 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 2% per year, which means it has not declined as severely as earnings. Tillkännagivande • Sep 07
Trip.com Group Limited to Report Q2, 2022 Results on Sep 21, 2022 Trip.com Group Limited announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Sep 21, 2022 Tillkännagivande • Jul 02
Trip.Com Group Limited Announces Changes to Its Board Trip.com Group Limited announced that Dr. Dou Shen, a director nominated by Baidu Inc. has tendered his resignation as a director of the company, effective on July 1, 2022 that Mr. Junjie He, a senior vice president of Baidu Inc., has been appointed as a successor director of Trip.com Group following Dr. Dou Shen's resignation. Mr. Junjie He joined Baidu in June 2019. Currently serving as a senior vice president of Baidu, Mr. He was appointed as the leader, and be in full charge, of the Mobile Ecosystem Group (MEG) in May 2022. Prior to his current position, Mr. He oversaw Baidu's M&A (mergers and acquisition), SIM (strategic investment management), SOM (sales operation andmanagement), and FP&A (financial planning & analysis) departments. Prior to joining Baidu, Junjie he had rich working experience with investment firms including China International Capital Corporation (CICC), CITIC Private Equity, Warburg Pincus and Tibet Langrun Capital. Mr. He currently also serves on the board of directors of iQIYI Inc. Mr. He obtained his bachelor's degree from the Guanghua School of Management, Peking University in 2007. Reported Earnings • Jun 28
First 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 32% growth forecast for the industry in Austria. 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 7% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jun 15
Trip.com Group Limited to Report Q1, 2022 Results on Jun 27, 2022 Trip.com Group Limited announced that they will report Q1, 2022 results at 4:00 PM, US Eastern Standard Time on Jun 27, 2022 Tillkännagivande • May 27
Trip.com Group Limited, Annual General Meeting, Jun 30, 2022 Trip.com Group Limited, Annual General Meeting, Jun 30, 2022, at 13:30 China Standard Time. Location: Building 16, 968 Jin Zhong Road Shanghai City Shanghai Province China Reported Earnings • Apr 29
Full year 2021 earnings released: CN¥0.87 loss per share (vs CN¥5.40 loss in FY 2020) Full year 2021 results: CN¥0.87 loss per share (up from CN¥5.40 loss in FY 2020). Revenue: CN¥20.0b (up 9.3% from FY 2020). Net loss: CN¥550.0m (loss narrowed 83% from FY 2020). Over the next year, revenue is forecast to grow 2.8%, compared to a 44% growth forecast for the restaurants industry in Austria. Over the last 3 years on average, earnings per share has fallen by 32% 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 • Apr 27
Less than half of directors are independent There 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 • Mar 09
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €20.70, the stock trades at a forward P/E ratio of 241x. Average forward P/E is 14x in the Hospitality industry in Europe. Total loss to shareholders of 44% over the past three years. Tillkännagivande • Mar 06
Trip.com Group Limited to Report Q4, 2021 Results on Mar 23, 2022 Trip.com Group Limited announced that they will report Q4, 2021 results After-Market on Mar 23, 2022 Buying Opportunity • Jan 24
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be CN¥28.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% per annum over the last 3 years. The company has become profitable over the last year. Reported Earnings • Dec 17
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third 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 46% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 24
Second 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 24
Investor sentiment improved over the past week After last week's 18% share price gain to €24.50, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 18x in the Hospitality industry in Europe. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.47 per share. Reported Earnings • May 21
First 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 4% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 10
New 90-day high: €33.80 The company is up 19% from its price of €28.40 on 09 December 2020. The Austrian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.55 per share. Reported Earnings • Mar 06
Full 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 5% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 06
Revenue beats expectations Revenue exceeded analyst estimates by 0.7%. Over the next year, revenue is forecast to grow 32%, compared to a 41% growth forecast for the Online Retail industry in Austria. Tillkännagivande • Feb 23
Trip.com Group Limited to Report Q4, 2020 Results on Mar 03, 2021 Trip.com Group Limited announced that they will report Q4, 2020 results After-Market on Mar 03, 2021 Is New 90 Day High Low • Feb 11
New 90-day high: €30.00 The company is up 1.0% from its price of €29.60 on 12 November 2020. The Austrian market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €36.80 per share. Tillkännagivande • Dec 10
Trip.com Group Limited, Annual General Meeting, Dec 21, 2020 Trip.com Group Limited, Annual General Meeting, Dec 21, 2020, at 09:30 China Standard Time. Location: Building 16, Sky SOHO, 968 Jin Zhong Road Shanghai China Agenda: To serve as an open forum for shareholders and beneficial owners of the Company's American depositary shares; to discuss Company affairs with management. Reported Earnings • Dec 06
Third quarter 2020 earnings released: EPS CN¥2.63 The 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 06
Revenue beats expectations Revenue exceeded analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 14%, compared to a 35% growth forecast for the Online Retail industry in Austria. Tillkännagivande • Nov 20
Trip.com Group Limited to Report Q3, 2020 Results on Dec 01, 2020 Trip.com Group Limited announced that they will report Q3, 2020 results at 5:00 PM, China Standard Time on Dec 01, 2020 Is New 90 Day High Low • Nov 11
New 90-day high: €30.60 The company is up 22% from its price of €25.00 on 12 August 2020. The Austrian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.66 per share. Tillkännagivande • Oct 30
Trip.com Group Announces Charter Flight Service at Macau Business Aviation Exhibition Trip.com Group announced that it has extended its charter flight service business in Macau. From October 29 to October 31, Trip.com Group is showcasing its new air charter service at the 9 Macau Business Aviation Exhibition. Integrating the charter flight service into Trip.com Group platforms means travelers can now browse charter flight options together with worldwide hotels, cars, meetings, tours, local guides and other services. Tillkännagivande • Oct 17
Trip.com Partners with Etihad Airways Trip.com announced that it has entered into a partnership with Etihad Airways’ frequent flyer programme, Etihad Guest. This partnership will offer Etihad Guest members the opportunity to maximize rewards when booking accommodation through Trip.com. Etihad Guest members will now be rewarded with 3 Etihad Guest Miles for every 1 USD (or currency equivalent) when they book their stay with Trip.com at www.trip.com/w/etihadguest and have access to top deals on more than 1.4 million hotels in over 200 countries and regions, including luxury hotels and resorts, business and airport hotels, and unique lodgings. Understanding that flexibility during these times is important, Trip.com provides customers special discounts or free cancellation guarantees on advance reservations. This partnership is part of Trip.com’s PointsPLUS, the easy way for partner airline frequent flyer members to earn reward miles or points when booking hotels. Is New 90 Day High Low • Sep 28
New 90-day high: €27.00 The company is up 15% from its price of €23.40 on 26 June 2020. The Austrian market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.36 per share. Reported Earnings • Sep 28
First half earnings released Over 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. Tillkännagivande • Sep 02
Trip.com Group Limited to Report Q2, 2020 Results on Sep 24, 2020 Trip.com Group Limited announced that they will report Q2, 2020 results at 5:00 PM, China Standard Time on Sep 24, 2020 Tillkännagivande • Jul 30
Trip.com Group Limited (NasdaqGS:TCOM) acquired Travix International B.V. from BCD Holdings N.V.. Trip.com Group Limited (NasdaqGS:TCOM) acquired Travix International B.V. from BCD Holdings N.V. on April 21, 2020. This deal gave the Trip.com Group a set of brands, including Vayama, Vliegwinkel, and CheapTickets.nl. Travix is part of the Trip.com Group. All required approvals have been obtained and as of April 22, 2020.
Trip.com Group Limited (NasdaqGS:TCOM) completed the acquisition of Travix International B.V. from BCD Holdings N.V. on April 21, 2020.