TravelSky Technology Ltd
HKEX:696
Gross Margin
TravelSky Technology Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
CN |
T
|
TravelSky Technology Ltd
HKEX:696
|
33.7B HKD |
53%
|
|
US |
![]() |
Visa Inc
NYSE:V
|
670.3B USD |
80%
|
|
US |
![]() |
Mastercard Inc
NYSE:MA
|
494.1B USD |
0%
|
|
US |
![]() |
Automatic Data Processing Inc
NASDAQ:ADP
|
122.4B USD |
46%
|
|
US |
F
|
Fiserv Inc
NYSE:FI
|
121.9B USD |
61%
|
|
US |
![]() |
PayPal Holdings Inc
NASDAQ:PYPL
|
64.7B USD |
41%
|
|
US |
![]() |
Paychex Inc
NASDAQ:PAYX
|
54.4B USD |
90%
|
|
NL |
![]() |
Adyen NV
AEX:ADYEN
|
44.9B EUR |
89%
|
|
US |
![]() |
Fidelity National Information Services Inc
NYSE:FIS
|
39.1B USD |
38%
|
|
ES |
![]() |
Amadeus IT Group SA
MAD:AMS
|
30.8B EUR |
75%
|
|
US |
![]() |
Broadridge Financial Solutions Inc
NYSE:BR
|
27.8B USD |
30%
|
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
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on TravelSky Technology Ltd's most recent financial statements, the company has Gross Margin of 53.3%.