TravelSky Technology Ltd
HKEX:696
TravelSky Technology Ltd
Accounts Payable
TravelSky Technology Ltd
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
T
|
TravelSky Technology Ltd
HKEX:696
|
Accounts Payable
¥2.2B
|
CAGR 3-Years
1%
|
CAGR 5-Years
25%
|
CAGR 10-Years
18%
|
|
|
B
|
Beijing Cuiwei Tower Co Ltd
SSE:603123
|
Accounts Payable
¥214m
|
CAGR 3-Years
-2%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
-4%
|
|
|
R
|
Rendong Holdings Co Ltd
SZSE:002647
|
Accounts Payable
¥116.2m
|
CAGR 3-Years
-19%
|
CAGR 5-Years
19%
|
CAGR 10-Years
4%
|
|
|
L
|
Lakala Payment Co Ltd
SZSE:300773
|
Accounts Payable
¥671m
|
CAGR 3-Years
-3%
|
CAGR 5-Years
10%
|
CAGR 10-Years
N/A
|
|
|
D
|
Doushen Beijing Education &Technology Inc
SZSE:300010
|
Accounts Payable
¥183.4m
|
CAGR 3-Years
-16%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
13%
|
|
|
N
|
Northking Information Technology Co Ltd
SZSE:002987
|
Accounts Payable
¥2.3m
|
CAGR 3-Years
-37%
|
CAGR 5-Years
-19%
|
CAGR 10-Years
N/A
|
|
TravelSky Technology Ltd
Glance View
In the bustling realm of aviation and travel technology, TravelSky Technology Ltd. emerges as a key player, orchestrating the intricate ballet behind the scenes for China's airline industry. Established as a state-owned enterprise, TravelSky champions the vast network of ticketing, logistics, and information management systems essential for the seamless operation of the airline ecosystem. The company's robust platform connects airlines, travel agents, freight forwarders, and passengers, offering a comprehensive bouquet of services that range from Passenger Service Systems (PSS) to Data Analysis services. By facilitating the swift execution of bookings, check-ins, and billings, TravelSky ensures that the complex web of air travel operates with synchronized precision. Revenue streams are cleverly woven into this operational tapestry, as TravelSky derives its earnings from multiple sources within this ecosystem. Primarily, airlines and travel agencies pay fees for using its comprehensive suite of technology services, including its highly reliable Computer Reservation Systems (CRS) and Departure Control Systems (DCS). In addition to these core services, TravelSky's technological prowess extends to revenue management support and Big Data solutions, enabling airlines to optimize their routes and pricing strategies. By leveraging its technological infrastructure and expansive user base, TravelSky not only capitalizes on the growing demand for travel in China but also positions itself as a technological backbone, knitting together the fabric of the national and regional airline industries.
See Also
What is TravelSky Technology Ltd's Accounts Payable?
Accounts Payable
2.2B
CNY
Based on the financial report for Dec 31, 2024, TravelSky Technology Ltd's Accounts Payable amounts to 2.2B CNY.
What is TravelSky Technology Ltd's Accounts Payable growth rate?
Accounts Payable CAGR 10Y
18%
Over the last year, the Accounts Payable growth was -3%. The average annual Accounts Payable growth rates for TravelSky Technology Ltd have been 1% over the past three years , 25% over the past five years , and 18% over the past ten years .
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