Trip.com Group Ltd

TCOM

Company Profile

  • Business description

    Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from its online platform, but the company also maintains offline call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.

  • Contact

    968 Jin Zhong Road
    Shanghai200335
    CHN

    T: +86 2134064880

    E: [email protected]

    https://www.ctrip.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Travel Services

    Fiscal Year End

    31 December 2024

    Employees

    36,249

Trip.com Group Ltd News & Analysis

markets

Will a Biden win be good for the Asian stock market?

Reduced tariffs should be positive for sentiment but long-term challenges remain for Sino-US relations, says Morningstar regional director Iris Tan.
markets

Can China's recovery continue?

China funds and trusts have had an excellent year, and a new US President could provide a further boost if they revive US-China relations.
video

2 China stocks we like

Morningstar's Chelsey Tam reveals which stocks and sectors have shone—and which have underwhelmed.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,633.1066.100.77%
CAC 407,193.5919.73-0.27%
DAX 4019,128.7117.46-0.09%
Dow JONES (US)43,870.35461.881.06%
FTSE 1008,202.1552.880.65%
HKSE19,229.97371.14-1.89%
NASDAQ18,972.426.280.03%
Nikkei 22538,283.85257.680.68%
NZX 50 Index13,041.90276.662.17%
S&P 5005,948.7131.600.53%
S&P/ASX 2008,393.8070.800.85%
SSE Composite Index3,267.19103.21-3.06%

Market Movers