Trip.com Group Ltd
HKEX:9961
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Gross Margin
Trip.com Group 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 | CN |
Market Cap | 325.6B HKD |
Gross Margin |
81%
|
Country | US |
Market Cap | 171.8B USD |
Gross Margin |
0%
|
Country | CN |
Market Cap | 2.7T MXN |
Gross Margin |
67%
|
Country | US |
Market Cap | 87.3B USD |
Gross Margin |
71%
|
Country | US |
Market Cap | 79.2B USD |
Gross Margin |
20%
|
Country | US |
Market Cap | 64.9B USD |
Gross Margin |
49%
|
Country | US |
Market Cap | 61.9B USD |
Gross Margin |
38%
|
Country | US |
Market Cap | 31.5B USD |
Gross Margin |
52%
|
Country | UK |
Market Cap | 22.7B GBP |
Gross Margin |
36%
|
Country | US |
Market Cap | 23.8B USD |
Gross Margin |
89%
|
Country | UK |
Market Cap | 15.6B GBP |
Gross Margin |
29%
|
Trip.com Group Ltd
Glance View
Trip.com Group Ltd., a leading online travel services provider, has emerged as a significant player in the global travel industry. Founded in 1999, the company offers a comprehensive range of services, including hotel and flight bookings, car rentals, and vacation packages, through its user-friendly platform. Headquartered in Shanghai, Trip.com primarily caters to Chinese travelers but has expanded its reach across international markets, recognizing the growing demand for travel services in a post-pandemic world. With a commitment to technology and innovation, Trip.com utilizes data analytics and AI to enhance customer experience and streamline operations, positioning itself as a tech-savvy alternative to traditional travel agencies. For investors, Trip.com presents a compelling opportunity given its robust market share and recovery potential following industry disruptions. The shift towards digital travel planning has bolstered its growth trajectory, as consumers increasingly seek convenient and efficient solutions for their travel needs. The company's strategic partnerships and growing brand recognition among international travelers are further cues that Trip.com is positioned for long-term success. Despite the competitive landscape, its diversified offerings and strong operational foundations make it a resilient choice for those looking to invest in the ever-evolving travel sector. With travel demand rebounding, Trip.com Group is poised to capitalize on emerging opportunities, transforming itself into a central hub for travelers worldwide while delivering value to its shareholders.
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 Trip.com Group Ltd's most recent financial statements, the company has Gross Margin of 81.5%.