Tongcheng Travel Holdings Ltd
HKEX:780

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Tongcheng Travel Holdings Ltd
HKEX:780
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Price: 19.42 HKD -0.51% Market Closed
Market Cap: 45.2B HKD
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Gross Margin
Tongcheng Travel Holdings Ltd

65.2%
Current
73%
Average
52.5%
Industry

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
65.2%
=
Gross Profit
10.6B
/
Revenue
16.2B

Gross Margin Across Competitors

Country CN
Market Cap 45.2B HKD
Gross Margin
65%
Country US
Market Cap 169.1B USD
Gross Margin
0%
Country CN
Market Cap 2.7T MXN
Gross Margin
67%
Country US
Market Cap 85.5B USD
Gross Margin
71%
Country US
Market Cap 79.6B USD
Gross Margin
20%
Country US
Market Cap 63.9B USD
Gross Margin
49%
Country US
Market Cap 61.7B USD
Gross Margin
38%
Country MY
Market Cap 69.9m MYR
Gross Margin
0%
Country CN
Market Cap 365.3B HKD
Gross Margin
81%
Country US
Market Cap 32.1B USD
Gross Margin
52%
Country UK
Market Cap 23.5B GBP
Gross Margin
36%
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Tongcheng Travel Holdings Ltd
Glance View

Market Cap
45.2B HKD
Industry
Hotels, Restaurants & Leisure

Tongcheng Travel Holdings Ltd. has forged its path in the bustling online travel industry, seamlessly bridging the gap between China's tech-savvy travelers and an expansive network of travel services. Born from the fusion of Tongcheng Network and eLong in 2018, the company rapidly emerged as a formidable player within the travel sector. As a prominent online travel agency (OTA), it cleverly leverages technology to offer a comprehensive suite of travel services, ranging from transportation ticketing to accommodation and attraction bookings. Their platform, primarily designed for mobile users, capitalizes on engaging the digital consumer efficiently. By integrating itself with major super-apps like WeChat and Alipay, Tongcheng Travel expands its reach, tapping into the vast ecosystems that these digital giants command. Revenue generation for Tongcheng Travel is intricately tied to the volume and value of transactions conducted through its platform. The company primarily earns through service fees on hotel reservations, transportation tickets, and other travel-related bookings. Additionally, it benefits from various agreements with service providers and vendors, securing favorable terms that bolster its commission-based model. Its adept use of data analytics allows it to offer personalized travel solutions, thus enhancing user experience and improving conversion rates. Meanwhile, strategic partnerships and investments in AI technology have strengthened its position in the competitive landscape, enabling it to anticipate market changes and swiftly adapt its offerings, ensuring a steady flow of revenue amidst an ever-evolving travel industry.

Intrinsic Value
32.12 HKD
Undervaluation 40%
Intrinsic Value
Price

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What is Gross Margin?

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
65.2%
=
Gross Profit
10.6B
/
Revenue
16.2B
What is the Gross Margin of Tongcheng Travel Holdings Ltd?

Based on Tongcheng Travel Holdings Ltd's most recent financial statements, the company has Gross Margin of 65.2%.