TravelSky Technology Ltd
HKEX:696
TravelSky Technology Ltd
Research & Development
TravelSky Technology Ltd
Research & Development Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Research & Development | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
T
|
TravelSky Technology Ltd
HKEX:696
|
Research & Development
-ÂĄ824.6m
|
CAGR 3-Years
4%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
N/A
|
|
B
|
Beijing Cuiwei Tower Co Ltd
SSE:603123
|
Research & Development
-ÂĄ87.6m
|
CAGR 3-Years
17%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
R
|
Rendong Holdings Co Ltd
SZSE:002647
|
Research & Development
-ÂĄ43.8m
|
CAGR 3-Years
6%
|
CAGR 5-Years
3%
|
CAGR 10-Years
N/A
|
|
L
|
Lakala Payment Co Ltd
SZSE:300773
|
Research & Development
-ÂĄ266.4m
|
CAGR 3-Years
2%
|
CAGR 5-Years
1%
|
CAGR 10-Years
N/A
|
|
D
|
Doushen Beijing Education &Technology Inc
SZSE:300010
|
Research & Development
-ÂĄ34.4m
|
CAGR 3-Years
26%
|
CAGR 5-Years
24%
|
CAGR 10-Years
N/A
|
|
N
|
Northking Information Technology Co Ltd
SZSE:002987
|
Research & Development
-ÂĄ391.3m
|
CAGR 3-Years
-27%
|
CAGR 5-Years
-38%
|
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 Research & Development?
Research & Development
-824.6m
CNY
Based on the financial report for Dec 31, 2024, TravelSky Technology Ltd's Research & Development amounts to -824.6m CNY.
What is TravelSky Technology Ltd's Research & Development growth rate?
Research & Development CAGR 5Y
-2%
Over the last year, the Research & Development growth was 4%. The average annual Research & Development growth rates for TravelSky Technology Ltd have been 4% over the past three years , -2% over the past five years .